NOT LISTED FOR SALE

322 N 54th St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $333,000 - $369,000

-- Bed
1 Bath
750 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $355,000 $473 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,942/month

3 Days on Market

Highlights

  • Heated Spa
  • Clubhouse
  • 4 Car Attached Garage
  • Franklin at Brimhall Elementary School Rated A
  • Sport Court
  • Ceramic Tile Flooring

About This Home

As of August 2024

DUPLEX in DREAMLAND VILLA! 55+ Community. Each unit is approximately 800 sq ft. 2 bedrooms 1 bathroom each. They each have separate laundry rooms with w/d hook ups. They each have 1 covered parking space and an uncovered space. Both apartments are all tile and neutral paint. Live in one and rent the other- Or rent them both out! So many options!

Dreamland Villa is NOT an HOA- Its a club that you have the option of joining annually to use their amenities.

Last Agent to Sell the Property

Linda Matejko

Arizona Elite Properties License #BR640814000 Listed on: 07/31/2024

Arizona Elite Properties

Last Buyer's Agent

Robert Urrutia

Re/Max Vision Realty License #BR680676000

Re/Max Vision Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Car Attached Garage
  • Carport

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 295
  • Assessor Parcel Number 141-75-063

Community Details

Overview

  • 2 Units
  • Building Dimensions are 30'20''x 86'x61'43''x54'27''
  • Dreamland Villa 4 Subdivision

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $5,848
  • Gross Income $27,600
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: University & Higley
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2208.0
  • Subdivision Name: DREAMLAND VILLA 4
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Sport Court: Yes
  • Community Features Heated Pool(s): Yes
  • Community Features Heated Spa(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Clubhouse: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached, 1 Space/Unit, <1 Space Per Unit, Carport
  • Attached Garage: Yes
  • 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 Features:Carport: Yes
  • Parking Features:Attached: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, Clubhouse, Heated Spa(s), Heated Pool(s)

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Schools

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

Lot Info

  • Lot Size: 30'20''x 86'x61'43''x54'27''
  • Additional Parcels: No
  • Parcel #: 141-75-063

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 23400.0
  • Annual Operating Expense: 5848.0

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Book Number: 141.00
  • Tax Lot: 295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 23, 2024
Sold by
Naugle Chandra Rose
Bought by
Knodl Daniel and Knodl Samire Evon
Seller's Agent
Linda Matejko
Arizona Elite Properties
Buyer's Agent
Robert Urrutia
Re/Max Vision Realty
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
2
Current Estimated Value
$351,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,619
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Mar 29, 2024
Sold by
Vitiritti Family Trust and Pasqualina Vitiritti Revocable Trust
Bought by
Naugle Chandra Rose

Purchase Details

Closed on
Mar 28, 2024
Sold by
Vitiritti Family Trust and Pasqualina Vitiritti Revocable Trust
Bought by
Naugle Chandra Rose

Purchase Details

Closed on
Aug 9, 2010
Sold by
Vitiritti Pasqualina
Bought by
Vitirtti Pasqualina and Vitiritti Family Trust

Purchase Details

Closed on
Dec 28, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vitiritti Pasqualina

Purchase Details

Closed on
Oct 19, 2009
Sold by
Mangrum Derek
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 5, 2006
Sold by
Mangrum Derek
Bought by
Mangrum Properties Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Farnsworth Joseph A and Farnsworth Sharanette
Bought by
Mangrum Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mangrum Allison
Bought by
Mangrum Derk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 2004
Sold by
Nelson Glendon Dale and Nelson Susan S
Bought by
Farnsworth Joseph A and Farnsworth Sharanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2002
Sold by
Boice Lionel R
Bought by
Nelson Glendon Dale and Nelson Susan S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knodl Daniel $355,000 Pioneer Title
Naugle Chandra Rose -- None Listed On Document
Naugle Chandra Rose -- None Listed On Document
Vitirtti Pasqualina -- None Available
Vitiritti Pasqualina $89,250 Great American Title Agency
Federal Home Loan Mortgage Corp $151,087 Great American Title
Mangrum Properties Llc -- None Available
Mangrum Derek $190,000 Capital Title Agency Inc
Mangrum Derk -- Capital Title Agency Inc
Farnsworth Joseph A $117,000 Transnation Title Ins Co
Nelson Glendon Dale $102,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangrum Derek $142,500
Previous Owner Mangrum Derk $142,500
Previous Owner Farnsworth Joseph A $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $355,000 -5.3% $473 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $375,000 0.0% $500 / Sq Ft
09/01/2023 09/01/23 Rented $1,200 0.0% --
08/10/2023 08/10/23 Under Contract -- -- --
07/20/2023 07/20/23 For Rent $1,200 +23.1% --
06/18/2020 06/18/20 Rented $975 0.0% --
06/09/2020 06/09/20 Under Contract -- -- --
04/22/2020 04/22/20 Price Changed $975 -2.5% $1 / Sq Ft
04/13/2020 04/13/20 For Rent $1,000 +8.1% --
10/24/2019 10/24/19 Rented $925 0.0% --
09/19/2019 09/19/19 Price Changed $925 -2.6% $1 / Sq Ft
09/07/2019 09/07/19 For Rent $950 +59.7% --
11/01/2014 11/01/14 Rented $595 0.0% --
10/13/2014 10/13/14 Under Contract -- -- --
08/06/2014 08/06/14 For Rent $595 -- --
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 $1,028 $10,942 -- --
2024 $1,040 $10,421 -- --
2023 $1,040 $26,650 $5,330 $21,320
2022 $1,018 $19,980 $3,990 $15,990
2021 $1,015 $18,070 $3,610 $14,460
2020 $1,006 $16,560 $3,310 $13,250
2019 $940 $13,120 $2,620 $10,500
2018 $911 $12,150 $2,430 $9,720
2017 $887 $11,520 $2,300 $9,220
2016 $875 $12,450 $2,490 $9,960
2015 $809 $11,960 $2,390 $9,570
Source: Public Records

Agents Affiliated with this Home

  • Linda Matejko

    Seller's Agent in 2024

    Linda Matejko

    Arizona Elite Properties

    (480) 202-2649

    1 in this area

    7 Total Sales

    Linda Matejko
    Section Image

  • R

    Buyer's Agent in 2024

    Robert Urrutia

    RE/MAX

    (480) 482-0272

    15 in this area

    65 Total Sales

    Robert Urrutia
    Section Image
  • Darlene Watson

    Buyer's Agent in 2020

    Darlene Watson

    Barrett Real Estate

    (602) 628-4448

    1 in this area

    77 Total Sales

    Darlene Watson
    Section Image

  • L

    Buyer's Agent in 2019

    Laurelen Smolik

    Valley King Properties, LLC

    (480) 945-1111

    3 Total Sales

    Laurelen Smolik
    Section Image
  • Aimee Olinger

    Seller's Agent in 2014

    Aimee Olinger

    DeLex Realty

    (480) 620-3226

    15 Total Sales

    Aimee Olinger
    Section Image
  • Sarah Olinger

    Buyer's Agent in 2014

    Sarah Olinger

    Arizona Elite Properties

    (480) 234-2602

    3 in this area

    74 Total Sales

    Sarah Olinger
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6737937

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-75-063

Arizona Maricopa County Mesa 85205 Central Mesa East

322 N 54th St, Mesa, AZ

Not Listed for Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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