NOT LISTED FOR SALE

1129 S Lyn Rae Square Mesa, AZ 85204

Central Mesa Neighborhood

Estimated Value: $803,000 - $1,153,956

5 Beds
4 Baths
4,496 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $715,000 $159 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,082/month

2 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 1 Acre Lot
  • Franklin at Brimhall Elementary School Rated A
  • Private Pool
  • Granite Countertops

About This Home

As of June 2020

Beautiful, sprawling ranch estate with a guest house on an acre! Nestled in the heart of Mesa, Lyn Rae Square is a small subdivision of acre+ lots with with horse privileges and no HOA! If you are looking for space, this is it! Large formal living and dining room, separate family room with fireplace. Big game room perfect for pool table. Kitchen with gas stove, granite countertops and recently updated cabinets. All the bedrooms are oversized. Master has walk-in shower, separate tub, 2 walk in closets and french doors to patio. Exterior is stunning with mature trees and landscaping. It's hard to find a pool this big and surrounded by beautiful tropical landscaping. Guest house is a studio apartment with kitchen, full bath and walk-in closet with 3 car garage with private drive.

Last Listed By

Diane Hale

West USA Realty License #SA025400000 Listed on: 05/18/2020

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 5 Car Garage
  • Circular Driveway

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,496 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Schools

  • Robson Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Covered patio or porch
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Lyn Rae Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-44-048-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,885

Year Built

Built in 1980

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Lindsay/Southern
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1980
  • Tax Year: 2019
  • Directions: West on Southern, North on Lyn Rae Square, follow around to the right, home is on the corner.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: Lyn Rae Square
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Separate Shwr & Tub, Granite Counters
  • Living Area: 4496.0
  • Stories: 1
  • Kitchen Features:Granite Countertops: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio
  • Lot Features: Desert Front, Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Garage Spaces: 5.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Robson Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43688.0
  • Parcel #: 140-44-048-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5885.0
  • Tax Book Number: 140.00
  • Tax Lot: 00
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 1, 2020
Sold by
Leary Scott T O and Leary Lisa O
Bought by
Selk Landon and Selk Elizabeth
Seller's Agent
Diane Hale
West USA Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Total Days on Market
2
Current Estimated Value
$1,023,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,239
Avg. Annual Appreciation
7.59%
Original Mortgage
$510,400
Outstanding Balance
$457,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$565,638

Purchase Details

Closed on
Feb 24, 2000
Sold by
Reeves Violet L
Bought by
Oleary Scott T and Oleary Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 1999
Sold by
Reeves Ross D and Reeves Violet L
Bought by
Reeves Ross D and Reeves Violet L

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Selk Landon $715,000 American Title Svc Agcy Llc
Oleary Scott T $320,000 Capital Title Agency
Reeves Ross D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selk Landon $510,400
Closed Selk London $61,600
Closed Selk Landon $510,400
Previous Owner Leary Scott T O $440,000
Previous Owner Oleary Scott T $265,666
Previous Owner Oleary Scott $255,710
Previous Owner Oleary Scott T $150,000
Previous Owner Oleary Scott T $337,500
Previous Owner Oleary Scott T $50,000
Previous Owner Oleary Scott T $289,698
Previous Owner Oleary Scott T $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $715,000 +2.3% $159 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $699,000 0.0% $155 / Sq Ft
04/01/2017 04/01/17 Rented $2,800 0.0% --
02/22/2017 02/22/17 For Rent $2,800 0.0% --
11/20/2015 11/20/15 Rented $2,800 0.0% --
10/17/2015 10/17/15 For Rent $2,800 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,258 $65,058 -- --
2024 $5,838 $61,960 -- --
2023 $5,838 $78,870 $15,770 $63,100
2022 $5,705 $64,250 $12,850 $51,400
2021 $5,782 $55,710 $11,140 $44,570
2020 $5,699 $54,620 $10,920 $43,700
2019 $5,885 $53,310 $10,660 $42,650
2018 $5,648 $54,780 $10,950 $43,830
2017 $5,480 $48,450 $9,690 $38,760
2016 $5,378 $51,860 $10,370 $41,490
2015 $5,055 $49,820 $9,960 $39,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6079730

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-44-048B