NOT LISTED FOR SALE

501 N 55th Place Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $301,000 - $340,000

2 Beds
2 Baths
1,410 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $170,000 $121 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,811/month

Highlights

  • Granite Countertops
  • Private Yard
  • Covered patio or porch
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of March 2018

*** Multiple Offers Received *** Awesome remodeled home in the active adult community of Dreamland Villa! Kitchen with granite counters and alder wood cabinets, both bathrooms with granite and alder. Upgraded tile throughout. Large Laundry room and lots of storage. Huge Bonus Room!

Last Listed By

John Karadsheh

KOR Properties Brokerage Phone: 602-615-0843 License #BR535564000 Listed on: 02/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1962

Lot Details

  • 7,489 Sq Ft Lot
  • Chain Link Fence
  • Private Yard

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Farnsworth
  • Dreamland Villa 5 Subdivision

Listing and Financial Details

  • Tax Lot 444
  • Assessor Parcel Number 141-46-117

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Recker & University
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: West on University; North on 55th Place
  • Attribution Contact: 602-615-0843
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: korp001
  • Co List Office Phone: 480-568-8680
  • Subdivision Name: DREAMLAND VILLA 5
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 1410.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7489.0
  • Parcel #: 141-46-117
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 916.0
  • Tax Book Number: 141.00
  • Tax Lot: 444
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 12, 2018
Sold by
Bronson Llc
Bought by
Ramsey Doreen K
Seller's Agent
John Karadsheh
KOR Properties
Buyer's Agent
Lori Regnier
My Home Group Real Estate
List Price
$170,000
Sold Price
$170,000
Total Days on Market
0
Current Estimated Value
$314,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,333
Avg. Annual Appreciation
8.95%
Original Mortgage
$255,000
Interest Rate
4.22%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 28, 2011
Sold by
Markwood Capital Group Llc
Bought by
Bronson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2010
Sold by
Olivia Llc
Bought by
Markwood Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2009
Sold by
Taylored Properties
Bought by
Markwood Capital Group Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Ehninger Ronald C and Ehninger Catherine E
Bought by
Markwood Capital Group Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Shockey Betty J and Jefferson James Franklin
Bought by
Ehninger Ronald C and Ehninger Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,717
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2000
Sold by
Shockey Betty Jean
Bought by
Shockey Betty Jean and Jefferson James Franklin

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
Ramsey Doreen K $170,000 American Title Service Agenc
Bronson Llc -- None Available
Markwood Capital Group Llc -- None Available
Olivia Llc -- None Available
Markwood Capital Group Llc -- None Available
Markwood Capital Group Llc $62,440 None Available
Ehninger Ronald C $83,000 Capital Title Agency
Shockey Betty Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Doreen K $472,500
Closed Ramsey Doreen K $472,500
Closed Ramsey Doreen K $330,000
Closed Ramsey Doreen K $255,000
Previous Owner Bronson Llc $120,800
Previous Owner Markwood Capital Group Llc $10,000,000
Previous Owner Ehninger Ronald E $132,000
Previous Owner Ehninger Ronald C $24,750
Previous Owner Ehninger Ronald C $124,100
Previous Owner Ehninger Ronald C $22,500
Previous Owner Ehninger Ronald C $14,210
Previous Owner Ehninger Ronald C $96,300
Previous Owner Ehninger Ronald C $81,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $170,000 0.0% $121 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $170,000 -- $121 / 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 $817 $9,540 -- --
2024 $855 $9,540 -- --
2023 $855 $17,660 $3,530 $14,130
2022 $877 $17,660 $3,530 $14,130
2021 $885 $15,330 $3,060 $12,270
2020 $877 $13,260 $2,650 $10,610
2019 $816 $12,410 $2,480 $9,930
2018 $794 $11,080 $2,210 $8,870
2017 $916 $9,730 $1,940 $7,790
2016 $828 $9,130 $1,820 $7,310
2015 $829 $8,610 $1,720 $6,890
Source: Public Records

Agents Affiliated with this Home

  • John Karadsheh

    Seller's Agent in 2018

    John Karadsheh

    KOR Properties

    (602) 615-0843

    1 in this area

    120 Total Sales

    John Karadsheh
    Section Image
  • Natascha Ovando-Karadsheh

    Seller Co-Listing Agent in 2018

    Natascha Ovando-Karadsheh

    KOR Properties

    (602) 909-4995

    1 in this area

    131 Total Sales

    Natascha Ovando-Karadsheh
    Section Image
  • Lori Regnier

    Buyer's Agent in 2018

    Lori Regnier

    My Home Group Real Estate

    (480) 228-8888

    14 Total Sales

    Lori Regnier
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5722623

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-46-117

Arizona Maricopa County Mesa 85205 Central Mesa East

501 N 55th Place, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 501 N 55th Place, Mesa, AZ 85205 since 12 February 2018 and is currently estimated at $314,333, approximately $222 per square foot. This property was built in 1962. 501 N 55th Place is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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