NOT LISTED FOR SALE

8540 E Mcdowell Rd Unit 118 Mesa, AZ 85207

Desert Uplands Neighborhood

Estimated Value: $1,343,000 - $1,693,000

4 Beds
6 Baths
4,393 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 21, 2013

Last sale price $800,000 $182 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,625/month

About This Home

As of November 2013

Surrounded by panoramic mountain and city views on over 1 acre of land. This 4+ bed, 6 bath home is an entertainer's delight with an open, spacious floorplan, gourmet kitchen, and resort style backyard. Modeled after US Home's Pebble Beach floorplan, this home features formal living rm, formal dining, lg family rm, open kitchen, private office. The gourmet kitchen features lg extended raised granite counters, lg granite island, dbl ovens, 2 dishwashers, lg pantry, butler's pantry, cherry cab. Master retreat features extended height coffered ceilings, dbl sinks, his and oversized her's closets, glass block walk in shower, lg jetted garden tub, and sep exit. The resort style backyard features oversized covered patio, pebble sheen salt water waterfall pool, outdoor bbq and bar, & observ deck The home features structured wiring throughout, pool room with wet bar and separate bath, fireplace in family room, wine fridges, custom wall niches. Additional outdoor features included low maintenance desert landscaping and synthetic grass, additional outdoor seating in tranquil outdoor setting, extended paver walkways, misters along patio cover edge, recessed lighting and ceiling fans on the patio. Be sure to check out the rooftop observation deck with breathtaking mountain views and city views. Truly an entertainer's oasis in the heart of the Sonoran desert.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Asm Qualified Personal Residence Trust and Merritt Ann S
Bought by
Heathers Gift Trust and Merritt
Current Estimated Value
$1,513,124

Purchase Details

Closed on
Jul 29, 2020
Sold by
Merritt Ann and Ann S Merritt Survivors Trust
Bought by
Merritt Ann S and Asm Grantor Retained Income Tr

Purchase Details

Closed on
Mar 4, 2015
Sold by
Merritt Ann S
Bought by
Merritt Ann S and Ann S Merritt Survivors Trust

Purchase Details

Listed on
Sep 13, 2013
Closed on
Nov 13, 2013
Sold by
Leary Michael O and Leary Karyl O
Bought by
Merritt Ann S
Seller's Agent
Rob Madden
Green Leaf Realty, LLC
Buyer's Agent
Debbie Brown
HomeSmart
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$415,328
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2004
Sold by
King Victor and King Deidra
Bought by
Oleary Michael and Oleary Karyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,200
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 25, 2003
Sold by
King Victor W and King Deidra B
Bought by
King Victor W and King Deidra B

Purchase Details

Closed on
Sep 5, 2003
Sold by
King Victor W
Bought by
King Victor W and King Deidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2002
Sold by
King Deidra B
Bought by
King Victor W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 11, 2001
Sold by
Kuntz Frank G and Kuntz Catharine A
Bought by
King Victor and King Deidra

Purchase Details

Closed on
Apr 4, 1995
Sold by
Phoenix Bell Associates
Bought by
Kuntz Frank G and Kuntz Catharine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
8.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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ICE

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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
Heathers Gift Trust -- None Listed On Document
Carters Gift Trust -- None Listed On Document
Merritt Ann S -- None Available
Merritt Ann S -- None Available
Merritt Ann S -- None Available
Merritt Ann S -- Security Title Agency
Oleary Michael $699,900 Equity Title Agency Inc
King Victor W -- --
King Victor W -- First Southwestern Title
King Victor W -- Chicago Title Insurance Co
King Victor $128,000 Lawyers Title Of Arizona Inc
Kuntz Frank G $75,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oleary Michael $333,700
Previous Owner King Victor W $558,000
Previous Owner King Victor W $96,750
Previous Owner Kuntz Frank G $55,500
Closed King Victor $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2013 11/21/13 Sold $800,000 0.0% $182 / Sq Ft
10/31/2013 10/31/13 Price Changed $800,000 -5.9% $182 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $849,900 -2.9% $193 / Sq Ft
10/05/2013 10/05/13 Price Changed $874,900 -2.8% $199 / Sq Ft
09/13/2013 09/13/13 For Sale $899,900 -- $205 / Sq Ft

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 $6,773 $81,934 -- --
2024 $6,871 $78,032 -- --
2023 $6,871 $105,060 $21,010 $84,050
2022 $6,692 $77,570 $15,510 $62,060
2021 $6,674 $72,500 $14,500 $58,000
2020 $6,616 $69,920 $13,980 $55,940
2019 $6,086 $69,080 $13,810 $55,270
2018 $5,920 $67,750 $13,550 $54,200
2017 $5,693 $68,530 $13,700 $54,830
2016 $5,562 $66,160 $13,230 $52,930
2015 $5,156 $67,170 $13,430 $53,740
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rob Madden

    Green Leaf Realty, LLC

  • M

    Seller Co-Listing Agent in 2013

    Maria Kappenman

    Green Leaf Realty, LLC

  • D

    Buyer's Agent in 2013

    Debbie Brown

    HomeSmart

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Map

Arizona Maricopa County Mesa 85207 Desert Uplands

8540 E Mcdowell Rd Unit 118, Mesa, AZ

This home is located at 8540 E Mcdowell Rd Unit 118, Mesa, AZ 85207 and is currently estimated at $1,513,124, approximately $344 per square foot. 8540 E Mcdowell Rd Unit 118 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Las Sendas 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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