NOT LISTED FOR SALE

5042 E Downing St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $397,963 - $541,000

3 Beds
2 Baths
2,190 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $126,623 $58 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $2,607/month

313 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Eat-In Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • Fireplace
  • Carpet

About This Home

As of May 2012

Incredible Shortsale opportunity for a large 4 bedroom 2 bath home within the highly sought after subdivision of stoneybrook! Spacious floor plan, oversized bedroom and amazing potential! The backyard is ready for your imagination, picture a quick dip in the sparkling pool after a warm summer day, or having the friends and family over for an awesome BBQ. Your clients will thank you for years to come, don't let this one pass them BUY!!!

Last Agent to Sell the Property

Curtis Johnson

eXp Realty License #BR512932000 Listed on: 05/27/2011

eXp Realty

Co-Listed By

James Wilson

eXp Realty License #SA546268000

Last Buyer's Agent

Bob Wright

LRA Real Estate Group, LLC License #BR010946000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1985

Lot Details

  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,190 Sq Ft Home
  • Fireplace
  • Bonus Room
  • Carpet
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom

Schools

  • Sandra Day O'connor High Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • $1,015 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Tax Municipality: Mesa
  • Cross Street: University & Higley
  • Legal Info Lot Number: 56
  • Legal Info Range: 6E
  • Legal Info Section: 15
  • Legal Info Township: 1N
  • Property Type: A
  • Unit Style: Three or More Levels
  • Assessor Parcel Number: 41.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 5100
  • Legal Description Abbrev: STONEYBROOK LT 1-220 253-269 TR A
  • Type: ER
  • Ownership: Fee Simple
  • Assessor Parcel Number: 140-16-041
  • Association Rules: Not Managed
  • Basement: Y
  • Basement Description: Finished
  • Construction Finish: Painted, Stone, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 31.75RXO2G
  • Map Code Grid: Q41
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 57.82
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1985
  • Tax Year: 2010
  • Directions: N on Higley, left on Adobe, Left on Balboa, Left on Downing to home
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Bedrooms Plus: 4.00
  • Other Rooms: Bonus/Game Room
  • Bathrooms: 1.75
  • Laundry: Wshr/Dry HookUp Only
  • Flooring: Carpet
  • Fireplace: 1 Fireplace, No Fireplace
  • Master Bedroom Type: Downstairs
  • Dining Area: Eat-in Kitchen
  • Estimated Lot Sq Ft: 7314.00
  • Estimated Sq Ft: 2190.00
  • Kitchen Features: Pantry, Range/Oven Elec
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 2
  • Landscaping: Dirt Front, Grass Back, Gravel/Stone Front
  • Roofing: Comp Shingle
  • Fencing: Block
  • Construction: Frame - Wood
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Fee Include: No Fees

Schools

  • Elementary School: Sandra Day O'Connor High School
  • Middle School: Shepherd Junior High School
  • High School: Red Mountain High School
  • Elementary School: Sandra Day O'Connor High School
  • High School: Red Mountain High School
  • Jr High School: Shepherd Junior High School

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 1015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2012
Sold by
Conner Brienna J
Bought by
Conner Michael R and Michael R Conner Irrevocable Descendent
Current Estimated Value
$471,491

Purchase Details

Listed on
May 27, 2011
Closed on
May 29, 2012
Sold by
Merchant Barbara A
Bought by
Conner Brienna J
Seller's Agent
Curtis Johnson
eXp Realty
Buyer's Agent
Bob Wright
LRA Real Estate Group, LLC
List Price
$124,900
Sold Price
$126,623
Premium/Discount to List
$1,723
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Nov 19, 2004
Sold by
Merchant Barry G
Bought by
Merchant Barry G and Merchant Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Merchant Barry G and Merchant Barbara A
Bought by
Merchant Barry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2001
Sold by
Merchant Barbara A
Bought by
Merchant Barry G and Merchant Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.51%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Merchant Barry G
Bought by
Merchant Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 1998
Sold by
Williams Deborah Lynn
Bought by
Merchant Barry G and Merchant Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 1995
Sold by
Teeter Louise
Bought by
Williams Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1994
Sold by
Bank Of America
Bought by
Z Snap Inc

Purchase Details

Closed on
Dec 8, 1994
Sold by
Z Snap Inc
Bought by
Teeter Louise

Purchase Details

Closed on
Jun 24, 1994
Sold by
T D Service Company Of Arizona
Bought by
Bank Of America
Source: Public Records

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
Conner Michael R -- None Available
Conner Brienna J $126,623 Fidelity National Title Agen
Merchant Barry G -- Capital Title Agency Inc
Merchant Barry G -- First American
Merchant Barry G -- Capital Title Agency
Merchant Barbara A -- --
Merchant Barry G $133,900 First American Title
Williams Deborah Lynn $112,000 United Title Agency
Z Snap Inc $69,000 First American Title
Teeter Louise $74,000 First American Title
Bank Of America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merchant Barry G $166,400
Previous Owner Merchant Barry G $144,000
Previous Owner Merchant Barry G $116,000
Previous Owner Merchant Barry G $20,000
Previous Owner Williams Deborah Lynn $92,000
Closed Merchant Barry G $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $126,623 +1.4% $58 / Sq Ft
11/29/2011 11/29/11 For Sale $124,900 0.0% $57 / Sq Ft
11/29/2011 11/29/11 Price Changed $124,900 -1.4% $57 / Sq Ft
07/08/2011 07/08/11 Off Market $126,623 -- --
06/20/2011 06/20/11 Price Changed $94,900 -5.0% $43 / Sq Ft
06/13/2011 06/13/11 Price Changed $99,900 -20.1% $46 / Sq Ft
05/27/2011 05/27/11 For Sale $125,000 -- $57 / 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 $1,282 $15,446 -- --
2024 $1,297 $14,711 -- --
2023 $1,297 $31,830 $6,360 $25,470
2022 $1,268 $24,430 $4,880 $19,550
2021 $1,303 $22,880 $4,570 $18,310
2020 $1,286 $20,450 $4,090 $16,360
2019 $1,191 $18,330 $3,660 $14,670
2018 $1,137 $17,010 $3,400 $13,610
2017 $1,101 $14,750 $2,950 $11,800
2016 $1,082 $13,630 $2,720 $10,910
2015 $1,021 $12,320 $2,460 $9,860
Source: Public Records

Agents Affiliated with this Home

  • Curtis Johnson

    Seller's Agent in 2012

    Curtis Johnson

    eXp Realty

    (480) 355-4055

    9 in this area

    427 Total Sales

    Curtis Johnson
    Section Image
  • James Wilson

    Seller Co-Listing Agent in 2012

    James Wilson

    eXp Realty

    (480) 232-8614

    35 Total Sales

    James Wilson
    Section Image

  • B

    Buyer's Agent in 2012

    Bob Wright

    LRA Real Estate Group, LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4591821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-16-041

Arizona Maricopa County Mesa 85205 Central Mesa East

5042 E Downing St, Mesa, AZ

This home is located at 5042 E Downing St, Mesa, AZ 85205 since 27 May 2011 and is currently estimated at $471,491, approximately $215 per square foot. This property was built in 1985. 5042 E Downing St 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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