NOT LISTED FOR SALE

8540 E Mcdowell Rd Unit 61 Mesa, AZ 85207

Desert Uplands Neighborhood

Estimated Value: $1,024,275 - $1,388,000

4 Beds
3 Baths
3,591 Sq Ft
$345/Sq Ft Est. Value

About This Home

This home is located at 8540 E Mcdowell Rd Unit 61, Mesa, AZ 85207 and is currently estimated at $1,240,069, approximately $345 per square foot. 8540 E Mcdowell Rd Unit 61 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Martinson Leonard N and Martinson Brenda
Bought by
Martinson Leonard
Current Estimated Value
$1,240,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,562
Outstanding Balance
$474,613
Interest Rate
6.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$765,457

Purchase Details

Closed on
May 16, 2017
Sold by
Lbm Enterprises Lp
Bought by
Martinson Leonard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2017
Sold by
Martinson Leonard N and Lbm Trust
Bought by
Martinson Leonard N and Martinson Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 2006
Sold by
Martinson Leonard and Martinson Brenda
Bought by
Martinson Leonard and Martinson Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 2003
Sold by
Martinson Leonard and Martinson Brenda
Bought by
Martinson Leonard and Martinson Brenda

Purchase Details

Closed on
Aug 18, 2003
Sold by
Dodge N P
Bought by
Martinson Leonard and Martinson Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2003
Sold by
Schaan Jerome and Schaan Nancy
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

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

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Quantarium

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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
Martinson Leonard -- None Listed On Document
Martinson Leonard N -- None Available
Martinson Leonard N -- None Available
Martinson Leonard -- Lawyers Title Insurance Corp
Martinson Leonard -- Lawyers Title Insurance Corp
Martinson Leonard -- --
Martinson Leonard $475,000 Security Title Agency
Dodge N P $475,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinson Leonard $1,233,562
Closed Martinson Leonard $1,233,562
Previous Owner Martinson Leonard N $75,000
Previous Owner Martinson Leonard $500,000
Previous Owner Martinson Leonard $300,000
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 $4,464 $56,215 -- --
2024 $4,526 $53,539 -- --
2023 $4,526 $87,120 $17,420 $69,700
2022 $4,403 $64,380 $12,870 $51,510
2021 $4,391 $59,130 $11,820 $47,310
2020 $4,351 $58,080 $11,610 $46,470
2019 $3,987 $55,110 $11,020 $44,090
2018 $3,873 $54,200 $10,840 $43,360
2017 $3,718 $54,130 $10,820 $43,310
2016 $3,628 $51,430 $10,280 $41,150
2015 $3,349 $51,300 $10,260 $41,040
Source: Public Records

Map

Arizona Maricopa County Mesa 85207 Desert Uplands

8540 E Mcdowell Rd Unit 61, Mesa, AZ

Not Listed for Sale

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