NOT LISTED FOR SALE

1137 N Wedgewood Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $435,328 - $553,000

-- Bed
-- Bath
1,748 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $330,000 $189 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,819/month

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2019

Great investment property in Mesa near Tempe, Scottsdale! Both units are newly remodeled and updated and rent quickly. Qualifies for residential financing! Owner is repainting the property for a perfect turn key investment or residence.

Last Agent to Sell the Property

Tyler Blair

eXp Realty License #SA648180000 Listed on: 07/18/2019

Co-Listed By

Kyle Gardner

My Home Group Real Estate License #SA672110000

Last Buyer's Agent

Kyle Gardner

Evergreen Realty LLC License #SA672110000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1970

Lot Details

  • 8,538

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

  • Franklin West Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 137-32-269

Community Details

Overview

  • 2 Units
  • Building Dimensions are 35-22
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $3,176
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$776

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: N Home & E Brown Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: (0320) DUPLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2018
  • Directions: Head west on E Brown Rd toward Weld Cir, Turn right onto N Wedgewood Cir. Property will be on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: ENCHANTED VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Franklin West Elementary
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 35-22
  • Additional Parcels: No
  • Parcel #: 137-32-269

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Property Net Operating Income: 26400.0
  • Annual Operating Expense: 3176.0

Tax Info

  • Tax Annual Amount: 776.0
  • Tax Book Number: 137.00
  • Tax Lot: 163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Dawn Castile Schwary Revocable Trust and Schwary Dawn
Bought by
Dawn Castile Schwary Revocable Trust and Schwary
Current Estimated Value
$503,832

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 1, 2019
Sold by
Schwary Dawn Darrell and Schwary Dawn Castile
Bought by
3Dz S Realty Llc
Seller's Agent
Tyler Blair
eXp Realty
Buyer's Agent
Kyle Gardner
Evergreen Realty LLC
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 9, 2019
Sold by
Stock Adam and Fierro Lively Adriana
Bought by
Schwary Dawn Darrell and The Dawn Castile Schwary Revoc
Seller's Agent
Tyler Blair
eXp Realty
Buyer's Agent
Kyle Gardner
Evergreen Realty LLC
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 26, 2018
Sold by
Sct Investment Properties Hobson Llc
Bought by
Stock Adam and Fierro Lively Adriana
Seller's Agent
Doris Torres
Superb Realty
Buyer's Agent
Kyle Gardner
Evergreen Realty LLC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.66%
Original Mortgage
$220,924
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2006
Sold by
Torres Steven C and Torres Doris B
Bought by
Sct Investment Properties Hobson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2006
Sold by
Wedgewood Circle Llc
Bought by
Torres Steven C and Torres Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2002
Sold by
Cunningham Mont Lee and Cunningham Debrah
Bought by
Wedgewood Circle Llc

Purchase Details

Closed on
Jun 25, 2002
Sold by
Cunningham Mont L and Cunningham Debrah
Bought by
Wedgewood Circle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.86%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Cunningham Jesse
Bought by
Cunningham Mont L and Cunningham Debrah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.86%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Sullivan Steven D
Bought by
Cunningham Mont L and Cunningham Debrah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,450
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Sessions Dean W and Sessions Danette
Bought by
Sullivan Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,221
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

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
Dawn Castile Schwary Revocable Trust -- None Listed On Document
3Dz S Realty Llc -- None Available
Schwary Dawn Darrell $330,000 Ez Title Agency Llc
Stock Adam $225,000 Pioneer Title Agency Inc
Sct Investment Properties Hobson Llc -- None Available
Torres Steven C $270,000 Capital Title Agency Inc
Wedgewood Circle Llc $138,500 --
Wedgewood Circle Llc -- Capital Title Agency Inc
Cunningham Mont L -- Capital Title Agency Inc
Cunningham Mont L $138,500 Title Guaranty Agency
Sullivan Steven D $104,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwary Dawn $236,000
Previous Owner Schwary Dawn Darrell $225,000
Previous Owner Stock Adam $220,924
Previous Owner Torres Steven C $27,000
Previous Owner Torres Steven C $216,000
Previous Owner Wedgewood Circle Llc $121,600
Previous Owner Cunningham Mont L $124,450
Previous Owner Sullivan Steven D $103,221
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $330,000 -5.7% $189 / Sq Ft
07/17/2019 07/17/19 For Sale $349,900 +55.5% $200 / Sq Ft
05/31/2018 05/31/18 Sold $225,000 0.0% $129 / Sq Ft
04/03/2018 04/03/18 For Sale $225,000 0.0% $129 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $225,000 -- $129 / Sq Ft
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 $949 $9,668 -- --
2024 $957 $9,207 -- --
2023 $957 $31,210 $6,240 $24,970
2022 $937 $23,720 $4,740 $18,980
2021 $948 $19,920 $3,980 $15,940
2020 $870 $18,000 $3,600 $14,400
2019 $810 $15,180 $3,030 $12,150
2018 $776 $13,710 $2,740 $10,970
2017 $752 $11,180 $2,230 $8,950
2016 $738 $10,400 $2,080 $8,320
2015 $695 $9,110 $1,820 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5953550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-269