NOT LISTED FOR SALE

1616 E University Dr Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $292,710 - $361,000

2 Beds
1 Bath
981 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $135,500 $138 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,789/month

103 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • High Speed Internet
  • Franklin at Brimhall Elementary School Rated A
  • Remodeled Bathroom
  • Partially Fenced Property

About This Home

As of March 2017

Great Starter home or Great BUSINESS OPPORTUNTY!!! Call it Home or use as a BUSINESS. Day Care, Barber Shop, Nail Salon, Tax Office ...endless possibilities. New tile , paint, AC, Kitchen, Roof....Partial basement for storage

Last Listed By

Jose Curbelo

HomeSmart License #BR561940000 Listed on: 11/10/2016

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1915

Lot Details

  • 6,839 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Bathroom

Schools

  • Hawthorne Elementary School
  • Kino Junior High School
  • Mountain View - Waddell High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Assessor Parcel Number 137-01-001-U

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Gilbert & University
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2016
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Updated Wiring: Partial
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1915
  • Tax Year: 2016
  • Directions: West on University to Harris Dr. Property on rt.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Unknown
  • Property Attached Yn: No
  • Tax Parcel Letter: U
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Flooring: Tile
  • Basement YN: Yes
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 981.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Fencing: Chain Link, Partial, Wood
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Mountain View - Waddell
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6839.0
  • Parcel #: 137-01-001-U
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 600.0
  • Tax Book Number: 137.00
  • Tax Lot: 0
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Feb 27, 2017
Sold by
Gonzalez Catherine Molina
Bought by
Gatti Mark R
Seller's Agent
Jose Curbelo
HomeSmart
Buyer's Agent
Jose Curbelo
HomeSmart
List Price
$159,500
Sold Price
$135,500
Premium/Discount to List
-$24,000
-15.05%
Total Days on Market
103
Current Estimated Value
$319,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,428
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Montoya Jorge L Iribar and Gonzalez Catherine Molina
Bought by
Gonzalez Catherine Molina

Purchase Details

Closed on
Jul 29, 2016
Sold by
Schultz Patricia S
Bought by
Schultz Carla J

Purchase Details

Closed on
Jul 28, 2016
Sold by
Schultz Patricia S
Bought by
Schultz Carla J

Purchase Details

Closed on
Jun 1, 2016
Sold by
The Schultz Family Trust and Schultz Patricia Sue
Bought by
Schultz Carla J

Purchase Details

Closed on
May 10, 2012
Sold by
Schultz Carla J and Schultz Billy J
Bought by
Schultz Billy J and Schultz Patricia S

Purchase Details

Closed on
Nov 18, 2011
Sold by
Schultz Carla J and Schultz Billy J
Bought by
Schultz Billy J and Schultz Patricia S

Purchase Details

Closed on
Dec 9, 2010
Sold by
Rosie Kathleen M and Schultz Carla J
Bought by
Schultz Carla J and Schultz Billy J

Purchase Details

Closed on
Oct 21, 2003
Sold by
Standage Carl E and Standage William N
Bought by
Rosie Kathleen M and Schultz Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 9, 2002
Sold by
Standage Carl E and Standage Willian N
Bought by
Standage Carl E and Standage William N

Range of Values:

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Average Value
Not Available
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
Gatti Mark R $135,500 Pioneer Title Agency Inc
Gonzalez Catherine Molina -- Pioneer Title Agency Inc
Gonzalez Catherine Molina $40,000 Pioneer Title Agency Inc
Schultz Carla J -- Pioneer Title Agency Inc
Schultz Carla J -- Pioneer Title Agency Inc
Schultz Carla J -- None Available
Schultz Billy J -- None Available
Schultz Billy J -- None Available
Schultz Carla J -- None Available
Rosie Kathleen M $420,000 Security Title Agency
Standage Carl E -- --
Standage Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosie Kathleen M $112,000
Previous Owner Rosie Kathleen M $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $135,500 -6.2% $138 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
01/17/2017 01/17/17 Price Changed $144,500 -3.0% $147 / Sq Ft
12/01/2016 12/01/16 Price Changed $148,900 -6.6% $152 / Sq Ft
11/10/2016 11/10/16 For Sale $159,500 -- $163 / 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 $184 $6,587 -- --
2024 $176 -- -- --
2023 $176 $14,460 $2,890 $11,570
2022 $198 $14,460 $2,890 $11,570
2021 $613 $13,960 $2,790 $11,170
2020 $604 $12,800 $2,560 $10,240
2019 $560 $10,670 $2,130 $8,540
2018 $535 $9,330 $1,860 $7,470
2017 $518 $7,710 $1,540 $6,170
2016 $600 $7,450 $1,490 $5,960
2015 $564 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5523634

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-01-001U