NOT LISTED FOR SALE

8540 E Mcdowell Rd Unit 23 Mesa, AZ 85207

Desert Uplands Neighborhood

Estimated Value: $1,324,000 - $1,940,000

1.93 Acres
$856,798 Price per Acre
84,071 Sq Ft Lot

Last Sold July 19, 2016

Last sale price $199,900

Est. 727% increase in value since last sale

Current estimated payment $9,347/month

18 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 1.93 Acre Lot
  • Franklin at Brimhall Elementary School Rated A

About This Lot

As of July 2016

Incredible city and mountain views all around at this beautiful elevated lot. Almost 2 acres of pristine desert on a slight rise and nobody behind you. Build your dream home here! Buyer to verify all info. Great location that is away from it all but with easy access to lakes, parks, shopping and the freeways.

Last Agent to Sell the Property

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 05/09/2016

Last Buyer's Agent

Joel Scheller

HomeSmart License #SA038125000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,406

Lot Details

  • 1.93 Acre Lot
  • Property is zoned R35

HOA Fees

  • $70 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Las Sendas Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 219-24-034

Community Details

Overview

  • Brown Property Mgnt Association
  • Thunder Mountain Lot 1 49 51 134 Tract A H Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,406

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Cross Street: Power and McDowell
  • Property Type: Land
  • Zoning: R35
  • Tax Year: 2015
  • Directions: East to Thunder Mountain Estates, gate on the north side of McDowell. Enter gate, turn east take to the end and turn north. Lot is 2 lots from the end of the street on the east side. See sign
  • Lot Size Acres: 1.93
  • Road Surface Type: Private Street
  • Subdivision Name: THUNDER MOUNTAIN LOT 1-49 51-134 TRACT A-H
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Gated Community
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 70.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 0
  • HOA Transfer Fee: 300.0
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown Property Mgnt
  • Phone: 0
  • Association: Yes

Schools

  • Elementary School: Las Sendas Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: 1.93 acres - rectangle
  • Lot Size Sq Ft: 84236.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-24-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 219.00
  • Tax Lot: 23
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Thetsy Sr Roger P and Thetsy Shena
Bought by
Roger And Shena Thetsy Revocable Living Trust
Current Estimated Value
$1,653,620

Purchase Details

Closed on
Aug 19, 2018
Sold by
Thetsy Roger P
Bought by
Thetsy Roger P and Thetsy Shena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.37%
Mortgage Type
Construction

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 18, 2016
Sold by
Thetsy Shena and Thetsy Roger P
Bought by
Thetsy Roger P
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Joel Scheller
HomeSmart
List Price
$219,000
Sold Price
$199,900
Premium/Discount to List
-$19,100
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%
Original Mortgage
$159,920
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2016
Closed on
Jun 22, 2016
Sold by
Phail Frederick H and Phail Nancy L
Bought by
Thetsy Roger P
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Joel Scheller
HomeSmart
List Price
$219,000
Sold Price
$199,900
Premium/Discount to List
-$19,100
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Sunstream Way Llc

Purchase Details

Closed on
Jun 10, 1994
Sold by
James Harold D and James Martha L
Bought by
Phail Frederick H and Phail Nancy L
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
Roger And Shena Thetsy Revocable Living Trust -- None Listed On Document
Thetsy Roger P -- American Title Service Agenc
Thetsy Roger P -- Security Title Agency Inc
Thetsy Roger P $199,900 Security Title Agency Inc
Sunstream Way Llc $375,000 Stewart Title & Trust Of Pho
Phail Frederick H $122,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thetsy Roger P $960,000
Previous Owner Thetsy Roger P $159,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $199,900 -8.7% --
05/27/2016 05/27/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $219,000 -- --
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 $6,532 $72,588 -- --
2024 $6,618 $69,132 -- --
2023 $6,618 $130,050 $26,010 $104,040
2022 $6,461 $103,410 $20,680 $82,730
2021 $6,445 $88,810 $17,760 $71,050
2020 $6,393 $81,250 $16,250 $65,000
2019 $1,531 $29,070 $29,070 $0
2018 $1,493 $23,895 $23,895 $0
2017 $1,441 $22,335 $22,335 $0
2016 $1,411 $24,675 $24,675 $0
2015 $1,406 $17,920 $17,920 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Bennett Jr

    Frank Bennett Realty

    (480) 344-2818

    97 Total Sales

    Frank Bennett Jr
    Section Image
  • Joel Scheller

    Buyer's Agent in 2016

    Joel Scheller

    HomeSmart

    (602) 647-9222

    4 in this area

    58 Total Sales

    Joel Scheller
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5440260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-24-034

Arizona Maricopa County Mesa 85207 Desert Uplands

8540 E Mcdowell Rd Unit 23, Mesa, AZ

This home is located at 8540 E Mcdowell Rd Unit 23, Mesa, AZ 85207 since 09 May 2016 and is currently estimated at $1,653,620. 8540 E Mcdowell Rd Unit 23 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.

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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