NOT LISTED FOR SALE

8401 E University Dr Mesa, AZ 85207

Central Mesa East Neighborhood

Estimated Value: $312,000 - $378,000

3 Beds
2 Baths
1,582 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $240,000 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,864/month

2 Days on Market

Highlights

  • Solar Power System
  • 0.19 Acre Lot
  • 1 Car Direct Access Garage
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2021

Block wall construction. attached garage plus 3 storage sheds on east side of large lot. Close to the 202. Well kept by senior citizen but this is not an age restricted area. New roof and air cond in 2016. Solar panels cost over $20k, paid in full by current seller

Last Agent to Sell the Property

William G Barker

HomeSmart License #SA045461000 Listed on: 03/03/2021

HomeSmart

Co-Listed By

William Barker

HomeSmart License #SA564844000

Last Buyer's Agent

Adam Prather

eXp Realty License #SA659490000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1960

Lot Details

  • 8,398 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Solar Power System

Schools

  • Salk Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Knolland Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 218-36-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Cross Street: University near Hawes (East of Sossaman)
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2020
  • Directions: 8401 is a SE corner of University
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: frnr02
  • Co List Office Phone: 480-830-3993
  • Subdivision Name: KNOLLAND ESTATES
  • Architectural Style: Other
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1582.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Salk Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8398.0
  • Parcel #: 218-36-014

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 495.0
  • Tax Book Number: 218.00
  • Tax Lot: 4
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 2, 2021
Sold by
Raucci Rachelle
Bought by
Raucci Jerry R
Seller's Agent
William G Barker
HomeSmart
Buyer's Agent
Adam Prather
eXp Realty
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$343,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,674
Avg. Annual Appreciation
9.79%
Original Mortgage
$186,000
Outstanding Balance
$169,744
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,882

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 30, 2021
Sold by
Priem Irene C
Bought by
Raucci Jerry R and Raucci Jerry R
Seller's Agent
William G Barker
HomeSmart
Buyer's Agent
Adam Prather
eXp Realty
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$169,744
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,882

Purchase Details

Closed on
Dec 20, 2016
Sold by
Capital Investments Llc
Bought by
Schuelke Carl and Priem Irene C

Purchase Details

Closed on
Sep 21, 2016
Sold by
Hawks Jerome M
Bought by
Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Barker Janice L
Bought by
Hawks Jerome M

Purchase Details

Closed on
Dec 29, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Barker Janice L and Hawks Jerome M

Purchase Details

Closed on
Jun 15, 2010
Sold by
Simpson Robert Henrie
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 29, 2008
Sold by
Simpson Norma Sue
Bought by
Simpson Robert Henrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1994
Sold by
Mollette James E
Bought by
Simpson Robert Henrie and Simpson Norma Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
8.78%
Mortgage Type
Seller Take Back
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
Raucci Jerry R -- Clear Title Agency Of Az
Raucci Jerry R $232,500 Clear Title Agency Of Az
Schuelke Carl $145,000 Old Republic Title Agency
Capital Investments Llc $35,000 Security Title Agency Inc
Hawks Jerome M -- Security Title Agency Inc
Hawks Jerome M -- None Available
Barker Janice L $26,903 Stewart Title & Trust Of Pho
Federal Home Loan Mortgage Corp $54,000 Security Title Agency
Simpson Robert Henrie -- Archer Land Title Inc
Simpson Robert Henrie $45,771 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raucci Jerry R $186,000
Previous Owner Capital Investments Llc $50,000
Previous Owner Simpson Robert Henrie $120,000
Previous Owner Simpson Robert Henrie $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $240,000 +6.7% $152 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $225,000 -6.3% $142 / Sq Ft
03/04/2021 03/04/21 Off Market $240,000 -- --
03/03/2021 03/03/21 For Sale $225,000 -- $142 / 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 $498 $6,642 -- --
2024 $506 $6,325 -- --
2023 $506 $25,360 $5,070 $20,290
2022 $493 $19,670 $3,930 $15,740
2021 $499 $16,700 $3,340 $13,360
2020 $495 $13,280 $2,650 $10,630
2019 $454 $11,310 $2,260 $9,050
2018 $441 $10,200 $2,040 $8,160
2017 $425 $9,010 $1,800 $7,210
2016 $498 $6,950 $1,390 $5,560
2015 $467 $6,360 $1,270 $5,090
Source: Public Records

Agents Affiliated with this Home

  • William G Barker

    Seller's Agent in 2021

    William G Barker

    HomeSmart

    (480) 984-9400

    3 in this area

    178 Total Sales

    William G Barker
    Section Image
  • William Barker

    Seller Co-Listing Agent in 2021

    William Barker

    HomeSmart

    (480) 227-9245

    4 in this area

    104 Total Sales

    William Barker
    Section Image
  • Adam Prather

    Buyer's Agent in 2021

    Adam Prather

    eXp Realty

    (480) 298-3564

    4 in this area

    187 Total Sales

    Adam Prather
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6201801

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-36-014

Arizona Maricopa County Mesa 85207 Central Mesa East

8401 E University Dr, Mesa, AZ

This home is located at 8401 E University Dr, Mesa, AZ 85207 since 03 March 2021 and is currently estimated at $343,674, approximately $217 per square foot. This property was built in 1960. 8401 E University Dr is a home located in Maricopa County with nearby schools including Salk 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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