Seller's Agent in 2018
Ben Swanson
Keller Williams Integrity First Realty
(480) 442-8552
1 in this area
156 Total Sales
1138 N Dresden Cir Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated Value: $594,544
Studio
--
Bath
2,070
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Cooling Available
- Community Playground
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of January 2018TURN-KEY!! ***DRIVE BY ONLY** Location, Location, Location! minutes away from Mesa Riverview/Tempe Marketplace! Close to Cubs & Oakland A's spring training! MCC, ASU and light rail! Fully rented, rarely vacant. Meticulously maintained by owner! 2-1 bed 1 bath units and 1-2bed/1bath unit. Rent is 750,700,800. 2 are MTM (month-to-month) and 1 is up 3/18 Always rented! 1% vacancy rate! 8.8% CAP RATE! Only 2 months out of the last 48 months have been vacant (out of all 3 units!) Stucco'd exterior! 1 & 2 Car garage (3 garages!) and 1 Carport! Tons of storage. Each unit has a 5x5 storage area, but there are 2 15x10 additional storage areas! 1138 has sideyard, 1142 has sideyard and backyard with Covered patio. Community coin-op laundry
Last Agent to Sell the Property
Keller Williams Integrity First Realty License #BR525716000 Listed on: 12/22/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $901
Year Built
- Built in 1972
Lot Details
- 8,973
Home Design
- Wood Frame Construction
- Composition Roof
- Metal Roof
- Stucco
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Schools
- Kerr Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for water, sewer
- Tax Lot 11
- Assessor Parcel Number 137-32-378
Community Details
Overview
- 3 Units
- Building Dimensions are Irregular
- Turco Terrace Subdivision
Recreation
- Community Playground
Building Details
- Operating Expense $4,083
- Gross Income $26,730
- Net Operating Income $22,916
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2026
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
0.06%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 22, 2017
Closed on
Dec 27, 2017
Sold by
Bought by
Seller's Agent
Ben Swanson
Keller Williams Integrity First Realty
Buyer's Agent
Ephrem Jando
Real Broker
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Purchase Details
Closed on
May 18, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
0.0577%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
0.0818%
Purchase Details
Closed on
May 20, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $588,000 | Title Services Of The Valley | ||
| $250,000 | Lawyers Title Of Arizona Inc | ||
| $168,000 | Lawyers Title Ins | ||
| -- | Fidelity National Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $470,400 | ||
| Previous Owner | $110,573 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $126,000 | ||
| Previous Owner | $74,000 | ||
| Previous Owner | $75,050 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/04/2018 01/04/18 | Sold | $250,000 | -3.8% | $121 / Sq Ft |
| 12/27/2017 12/27/17 | Pending | -- | -- | -- |
| 12/22/2017 12/22/17 | For Sale | $259,900 | -- | $126 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,055 | $10,698 | ||
| 2024 | $1,059 | $10,189 | ||
| 2023 | $1,059 | $35,020 | $7,000 | $28,020 |
| 2022 | $1,037 | $26,750 | $5,350 | $21,400 |
| 2021 | $1,050 | $22,550 | $4,510 | $18,040 |
| 2020 | $1,036 | $20,570 | $4,110 | $16,460 |
| 2019 | $968 | $17,350 | $3,470 | $13,880 |
| 2018 | $929 | $15,450 | $3,090 | $12,360 |
| 2017 | $901 | $12,850 | $2,570 | $10,280 |
| 2016 | $884 | $12,130 | $2,420 | $9,710 |
| 2015 | $831 | $10,560 | $2,110 | $8,450 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Swanson
-
Ephrem Jando
Buyer's Agent in 2018
Ephrem Jando
Real Broker
(480) 206-3631
31 Total Sales
-
Tyler Neumann
Buyer Co-Listing Agent in 2018
Tyler Neumann
HomeSmart
(480) 414-1011
5 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5701127
APN: 137-32-378
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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