$375,000
SOLD FEB 17, 2026

1408 E 3rd St Unit 4 Mesa, AZ 85203

Reed Park Neighborhood
3 Beds
3 Baths
2,528 Sq Ft
16,988 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

17% Below List Price

2 Days on Market

Highlights

  • Private Pool
  • 0.39 Acre Lot
  • Corner Lot
  • Franklin at Brimhall Elementary School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of February 2026

Rehab opportunity! Work needed, but full of potential. This 3-bedroom, 3-bathroom, 2,528 sq ft home sits on a large corner lot and features a diving pool and RV gate—ideal for investors or buyers seeking a value-add project.

Last Agent to Sell the Property

Stephanie Dow

Dow Realty License #BR563291000 Listed on: 01/31/2026

Co-Listed By

Traci Marquez

Dow Realty License #SA704317000

Last Buyer's Agent

Non-Represented Buyer

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1967

Lot Details

  • 0.39 Acre Lot
  • Desert faces the front and back of the property
  • East or West Exposure
  • Block Wall Fence
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Pool

  • Private Pool
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Property is near public transit

Schools

  • Michael T. Hughes Elementary School
  • Poston Junior High School
  • Mountain View High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Sherwood Mesa 4 Subdivision

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 138-06-125-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Year Built

Built in 1967

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Cross Street: Stapley and University
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1967
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • Co List Office Mls Id: dowr001
  • Co List Office Phone: 602-705-7781
  • Subdivision Name: SHERWOOD MESA 4
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 148.33
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Refrigerator, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Eat-in Kitchen
  • Living Area: 2528.0
  • Stories: 1

Exterior Features

  • Fencing: Block, Back Yard
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Alley, East/West Exposure, Natural Desert Front, Natural Desert Back
  • Pool Features: Fenced, Diving Pool, Outdoor
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: All on One Level
  • Construction Type: Slump Block, Brick Veneer
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop
  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Michael T. Hughes Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17156.0
  • Parcel #: 138-06-125-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2010.0
  • Tax Lot: 158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2026
Closed on
Feb 9, 2026
Sold by
Mtv Group Llc
Bought by
Trinity Home Investments Llc
Seller's Agent
Stephanie Dow
Dow Realty
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23859.76%
Original Mortgage
$88,000
Outstanding Balance
$88,000
Interest Rate
6.15%
Estimated Equity
$493,286

Purchase Details

Listed on
Jan 31, 2026
Closed on
Feb 2, 2026
Sold by
Cardlin Randel
Bought by
Mtv Group Llc
Seller's Agent
Stephanie Dow
Dow Realty
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$88,000
Interest Rate
6.15%
Estimated Equity
$493,286

Purchase Details

Listed on
Dec 30, 2011
Closed on
Feb 21, 2012
Sold by
Kenyon Homes Inc
Bought by
Cardlin Randel
Seller's Agent
Matthew Lambert
eXp Realty
Buyer's Agent
Erma Gilchrist
Lori Blank & Associates, LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$130,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2011
Sold by
Hall Mooney Bobijo and Mooney Dale
Bought by
Kenyon Homes Inc

Purchase Details

Closed on
May 21, 2007
Sold by
Mooney Dale and Hall Mooney Bobijo
Bought by
Mooney Dale and Hall Mooney Bobijo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
11.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Palmer Jeffrey Raymond and Palmer Roberta Kay
Bought by
Mooney Dale and Hall Mooney Bobijo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,175
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2000
Sold by
Palmer Jeffrey R and Palmer Roberta K
Bought by
Palmer Jeffrey Raymond and Palmer Roberta Kay
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Super Title Agency Llc
Warranty Deed $375,000 Super Title Agency Llc
Warranty Deed $165,000 Stewart Title & Trust Of Pho
Trustee Deed $9,830 None Available
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed $166,500 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,000 No Value Available
Open $475,000 New Conventional
Previous Owner $130,000 Seller Take Back
Previous Owner $195,000 New Conventional
Previous Owner $158,175 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2026 02/17/26 Sold $375,000 -16.7% $148 / Sq Ft
02/02/2026 02/02/26 Pending -- -- --
01/31/2026 01/31/26 For Sale $450,000 +172.7% $178 / Sq Ft
02/24/2012 02/24/12 Sold $165,000 -5.7% $66 / Sq Ft View Prior Sale
12/30/2011 12/30/11 For Sale $175,000 -- $70 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,010 $21,956 -- --
2024 $1,843 $20,910 -- --
2023 $1,843 $40,550 $8,110 $32,440
2022 $1,803 $32,560 $6,510 $26,050
2021 $1,852 $28,620 $5,720 $22,900
2020 $1,827 $27,280 $5,450 $21,830
2019 $1,693 $24,500 $4,900 $19,600
2018 $1,616 $23,780 $4,750 $19,030
2017 $1,566 $22,470 $4,490 $17,980
2016 $1,537 $21,730 $4,340 $17,390
2015 $1,451 $21,230 $4,240 $16,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6977787

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-06-125A

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