NOT LISTED FOR SALE

724 W University Dr Unit 105 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $1,125,785

1 Bed
-- Bath
7,949 Sq Ft
$142/Sq Ft Est. Value

About This Home

This home is located at 724 W University Dr Unit 105, Mesa, AZ 85201 and is currently estimated at $1,125,785, approximately $141 per square foot. 724 W University Dr Unit 105 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
724 West University Holdings Llc
Bought by
University Real Estate Investments Llc
Current Estimated Value
$1,125,785

Purchase Details

Closed on
Oct 23, 2013
Sold by
Lee Jerry and Lee Angela
Bought by
724 West University Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2005
Sold by
Ra Three Lp
Bought by
Lee Jerry and Lee Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2002
Sold by
University Extension Investors Llc
Bought by
Ra Three Lp and Ra Three Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$983,000
Interest Rate
6.7%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
University Real Estate Investments Llc $1,400,000 First American Title Insurance
724 West University Holdings Llc $366,500 Fidelity National Title Agen
Lee Jerry $1,500,000 Chicago Title Insurance Co
Ra Three Lp -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 724 West University Holdings Llc $311,500
Previous Owner 724 West University Holdings Llc $311,500
Previous Owner Lee Jerry $965,000
Previous Owner Ra Three Lp $983,000
Source: Public Records

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 $8,455 $83,523 -- --
2024 $8,782 $82,032 -- --
2023 $8,782 $237,116 $81,243 $155,873
2022 $8,853 $202,651 $57,698 $144,953
2021 $9,217 $193,338 $59,346 $133,992
2020 $9,097 $192,456 $58,284 $134,172
2019 $8,500 $181,278 $52,362 $128,916
2018 $8,158 $101,160 $28,186 $72,974
2017 $7,915 $101,160 $28,186 $72,974
2016 $7,768 $60,570 $22,984 $37,586
2015 $7,879 $62,253 $23,623 $38,630
Source: Public Records

Map

Arizona Maricopa County Mesa 85201 Riverview

724 W University Dr Unit 105, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 724 W University Dr Unit 105, Mesa, AZ 85201 and is currently estimated at $1,125,785, approximately $141 per square foot. 724 W University Dr Unit 105 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson 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.

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