NOT LISTED FOR SALE

8735 E University Dr Mesa, AZ 85207

Central Mesa East Neighborhood

Estimated Value: $367,000 - $402,000

3 Beds
2 Baths
1,573 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $220,000 $140 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,086/month

75 Days on Market

Highlights

  • Guest House
  • 0.25 Acre Lot
  • Eat-In Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2019

This home sits in the county island and would be perfect for someone looking to do an in home business. Home has more square footage than tax records indicate. Garage has been converted to an office and has a bonus room that could be a 4th bedroom. Floors are acid stained. Spacious fenced yard with outdoor bar area perfect for entertaining. There is also another building that could be used as guest quarters / in-law suite. This home is a must see.

Last Agent to Sell the Property

Tom Chase

TJ Chase Realty Group, Inc License #BR522563000 Listed on: 09/24/2018

Last Buyer's Agent

Scott Baglien

NextHome Alliance License #SA652467000

NextHome Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Twin Knolls Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 218-37-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$688

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: University & 202
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1972
  • Tax Year: 2018
  • Directions: from 202 west on university home on south side of street
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: TWIN KNOLLS PARK
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Tile, Concrete
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1573.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Alley, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Other Structures: Separate Guest House
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air, Window/Wall Unit
  • Heating: Electric
  • Laundry Features: Other, See Remarks, Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: Stevenson 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: 10799.0
  • Parcel #: 218-37-002

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 688.0
  • Tax Book Number: 218.00
  • Tax Lot: 2
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Jan 4, 2019
Sold by
Montague Ashley D and Montague Samuel E
Bought by
Montague Samuel E
Seller's Agent
Tom Chase
TJ Chase Realty Group, Inc
Buyer's Agent
Scott Baglien
NextHome Alliance
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$383,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,373
Avg. Annual Appreciation
8.60%
Original Mortgage
$216,015
Outstanding Balance
$197,267
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$186,463

Purchase Details

Listed on
Sep 24, 2018
Closed on
Jan 3, 2019
Sold by
Jensen Jens
Bought by
Montague Samuel E
Seller's Agent
Tom Chase
TJ Chase Realty Group, Inc
Buyer's Agent
Scott Baglien
NextHome Alliance
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Outstanding Balance
$197,267
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$186,463

Purchase Details

Closed on
Mar 26, 2014
Sold by
Burns Claire O and Jensen Jens
Bought by
Jensen Jens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Anderson David and Anderson Georgia
Bought by
Jensen Jens and Burns Claire O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
4.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 11, 2010
Sold by
Beneficial Finacial I Inc
Bought by
Anderson David and Anderson Georgia

Purchase Details

Closed on
Jun 25, 2010
Sold by
Mitchell Michael D and Mitchell Angela S
Bought by
Beneficial Mortgage Co Of Arizona

Purchase Details

Closed on
Aug 4, 1998
Sold by
Tobin Julie K
Bought by
Mitchell Michael D and Mitchell Angela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,673
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 1995
Sold by
Benedict David P and Benedict Susan K
Bought by
Tobin Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
9.03%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Montague Samuel E -- Lawyers Title Of Arizona Inc
Montague Samuel E $220,000 Lawyers Title Of Arizona Inc
Jensen Jens -- Security Title Agency
Jensen Jens $85,000 Security Title Agency
Anderson David $43,000 Security Title Agency
Beneficial Mortgage Co Of Arizona $45,542 Accommodation
Beneficial Mortgage Co Of Arizona $45,542 Accommodation
Mitchell Michael D $65,250 Security Title Agency
Tobin Julie K $51,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montague Samuel E $8,641
Previous Owner Jensen Jens $102,000
Previous Owner Jensen Jens $81,500
Previous Owner Mitchell Michael D $64,673
Previous Owner Tobin Julie K $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $220,000 0.0% $140 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
11/22/2018 11/22/18 Price Changed $220,000 -2.2% $140 / Sq Ft
11/15/2018 11/15/18 Price Changed $225,000 -2.2% $143 / Sq Ft
11/02/2018 11/02/18 Price Changed $230,000 -2.1% $146 / Sq Ft
10/21/2018 10/21/18 Price Changed $235,000 -2.0% $149 / Sq Ft
09/24/2018 09/24/18 For Sale $239,900 -- $153 / 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 $646 $8,630 -- --
2024 $658 $8,219 -- --
2023 $658 $27,150 $5,430 $21,720
2022 $641 $21,000 $4,200 $16,800
2021 $648 $19,130 $3,820 $15,310
2020 $644 $17,180 $3,430 $13,750
2019 $590 $13,750 $2,750 $11,000
2018 $688 $12,280 $2,450 $9,830
2017 $664 $11,020 $2,200 $8,820
2016 $647 $8,660 $1,730 $6,930
2015 $607 $8,150 $1,630 $6,520
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Chase

    TJ Chase Realty Group

    Section Image
  • Scott Baglien

    Buyer's Agent in 2019

    Scott Baglien

    NextHome Alliance

    (480) 231-6384

    2 in this area

    186 Total Sales

    Scott Baglien
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5824651

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-37-002

Arizona Maricopa County Mesa 85207 Central Mesa East

8735 E University Dr, Mesa, AZ

This home is located at 8735 E University Dr, Mesa, AZ 85207 since 24 September 2018 and is currently estimated at $383,373, approximately $243 per square foot. This property was built in 1972. 8735 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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