NOT LISTED FOR SALE

740 W 1st Place Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $381,000 - $447,868

2 Beds
1 Bath
1,405 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $439,900 $313 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,340/month

2 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Private Yard
  • Franklin at Brimhall Elementary School Rated A
  • 0.16 Acre Lot
  • No HOA

About This Home

As of January 2022

TWO HOMES, ONE PROPERTY! Settled in the heart of Mesa, minutes from the Historic District, Mesa's renowned downtown shopping, dining, nightlife and entertainment, this unique property offers an incredible investment opportunity, with two separately metered homes! The front home (740) features a 787 SF 2BR / 1BA floor plan with an electric meter, ceiling fans and white appliances. The back home (740 1/2) features a turn-key ready, furnished, 618 SF 2BR / 1BA floor plan with a gas meter, black appliances, commercial grade lux vinyl flooring, and more! The spacious lot supports a storage shed, separate driveways and a washer / dryer for each home. Enjoy fresh exterior paint, dual pane windows, updated screens and ample patio space for lounging. More details & professional photos to come!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 11/29/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Jonathan Sawyer

HomeSmart License #147048430

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1949

Lot Details

  • 7,029 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Private Yard

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Floors Updated in 2021
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 1 Bathroom

Parking

  • 5 Open Parking Spaces
  • 2 Carport Spaces
  • RV Access or Parking

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom
  • No Interior Steps
  • Accessible Approach with Ramp

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Westwood Primary Elementary School
  • Mesa Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 135-57-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Country Club & University Dr
  • 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: N
  • Cooling HVAC SEER Rating: 14
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1949
  • Tax Year: 2021
  • Directions: Heading (N) on Country Club Dr, turn (W) on University Dr, (S) on Extension Rd, (E) on 1st Pl and continue to find the property on your (L).
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: N/A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Approach with Ramp, Bath Roll-In Shower, Bath Grab Bars
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Pantry, Laminate Counters
  • Living Area: 1405.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Private Yard, Storage
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 5.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Westwood Primary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7029.0
  • Parcel #: 135-57-067

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 784.0
  • Tax Book Number: 135.00
  • Tax Lot: 15
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Dec 8, 2021
Sold by
Basta Bonnette
Bought by
Cornelius Jade
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jonathan Sawyer
HomeSmart
List Price
$439,900
Sold Price
$439,900
Current Estimated Value
$415,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,283
Avg. Annual Appreciation
-1.42%
Original Mortgage
$329,925
Outstanding Balance
$306,541
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$111,194

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 8, 2020
Sold by
Williams Julie A
Bought by
Basta Bonnette
Seller's Agent
Gary Marella
Realty ONE Group
Buyer's Agent
Gary Marella
Realty ONE Group
List Price
$254,900
Sold Price
$242,400
Premium/Discount to List
-$12,500
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.82%
Original Mortgage
$181,800
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Tiffany Asa Y
Bought by
Duran Gale J F and Williams Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Delaney Sean R and Olds Delaney Madeline M
Bought by
Delaney Sean R and Olds Delaney Madeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.26%

Purchase Details

Closed on
Apr 12, 2000
Sold by
Delaney Sean R and Olds Delaney Madeline M
Bought by
Delaney Sean R and Olds Delaney Madeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.26%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Box Joyann E
Bought by
Tiffany Asa Y and Tiffany Lynda J

Purchase Details

Closed on
Sep 16, 1998
Sold by
Tiffany Asa Y
Bought by
Box Joyann E

Purchase Details

Closed on
Oct 25, 1996
Sold by
Tiffany Rodney
Bought by
Tiffany Asa Y

Purchase Details

Closed on
Aug 18, 1994
Sold by
Kruger Brian
Bought by
Tiffany Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 1994
Sold by
Page May Le and Kaczor Titianna
Bought by
Kruger Brian
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
Cornelius Jade $439,900 Premier Title Agency
Basta Bonnette $242,400 Magnus Title Agency Llc
Duran Gale J F $158,000 Chicago Title Insurance Co
Delaney Sean R -- Capital Title Agency
Delaney Sean R -- Capital Title Agency
Tiffany Asa Y -- --
Box Joyann E -- --
Tiffany Asa Y -- --
Tiffany Rodney $55,000 First American Title
Kruger Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Jade $329,925
Previous Owner Basta Bonnette $181,800
Previous Owner Duran Gale J F $126,400
Previous Owner Tiffany Asa Y $20,236
Previous Owner Tiffany Asa Y $20,237
Previous Owner Delaney Sean R $65,000
Previous Owner Tiffany Rodney $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $439,900 0.0% $313 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $439,900 +81.5% $313 / Sq Ft
05/15/2020 05/15/20 Sold $242,400 -4.9% $173 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $254,900 -- $181 / 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 $785 $7,996 -- --
2024 $791 $7,615 -- --
2023 $791 $23,900 $4,780 $19,120
2022 $775 $19,150 $3,830 $15,320
2021 $784 $17,280 $3,450 $13,830
2020 $774 $16,580 $3,310 $13,270
2019 $723 $14,360 $2,870 $11,490
2018 $694 $10,870 $2,170 $8,700
2017 $674 $8,510 $1,700 $6,810
2016 $661 $8,610 $1,720 $6,890
2015 $621 $9,000 $1,800 $7,200
Source: Public Records

Agents Affiliated with this Home

  • David Arustamian

    Seller's Agent in 2022

    David Arustamian

    Russ Lyon Sotheby's International Realty

    (480) 331-0707

    1 in this area

    435 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jonathan Sawyer

    HomeSmart

  • G

    Seller's Agent in 2020

    Gary Marella

    Realty One Group

    (602) 369-3105

    5 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6325612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-067

Arizona Maricopa County Mesa 85201 West Main

740 W 1st Place, Mesa, AZ

This home is located at 740 W 1st Place, Mesa, AZ 85201 since 29 November 2021 and is currently estimated at $410,217, approximately $291 per square foot. This property was built in 1949. 740 W 1st Place 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.

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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