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Mesa 85206
1004 S SOMERSET --
Photo of 1004 S SOMERSET --
Sold on Jun 16, 2026

32

Map

Photo of 1004 S SOMERSET --
Photo of 1004 S SOMERSET --
$435,000
● House - Off Market

1004 S SOMERSET --

Mesa, AZ 85206
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,544 Ft²
$2,343
Est. Monthly
$57
HOA / Fees

About This Property

Updated 3 bed 2 bath + office on corner lot, with new roof (2021) and new A/C (2022) and new water heater (2021)! This clean and move-in ready house with wood-look plank flooring, quartz counters, painted cabinets, recessed LED lighting, new light fixtures, stainless steel appliances, and new bathroom vanities. Really big corner lot with covered patio, paver extension, turf yard, outdoor fire pit and seating area. This neighborhood has multiple parks within walking distance as well as an elementary school, making it perfect for anyone with young kids or dogs that need a lot of space to run and play. Don't miss this awesome house which is ready and waiting for you to come and buy it!
Unit Size
1,544 Ft²
Days on Market
74 days
Land Size
0.17 acres
Price per sqft
$284
Property Type
House
Property Taxes
$130
HOA Dues
$57
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #7008357)

Price History

Date / Event Date Event Price
Jun 16, 2026 Sold
Premium
Sold
May 19, 2026 In contract -
In contract
Apr 1, 2026 Listed by My Home Group Real Estate $439,000
Listed by My Home Group Real Estate
Mar 7, 2021 No longer available -
No longer available
Mar 5, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 7,562
  • Total Building Area: 1,544
  • Gross Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARIZONA VALENCIA CORR
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: ARIZONA VALENCIA CORR MCR 441-49

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 422637

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 44149
  • Parcel: 141-94-017
  • Lot: 17
  • Meridian: SEC 26 TWN 1N RNG 6E
  • Municipality: MESA
  • Latitude: 33.3975
  • Longitude: -111.71

    Address

  • Full Address: 1004 S Somerset
  • Address - House Number: 1004
  • Street Direction: S
  • Address - Street Name: Somerset
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C029
  • 4-Digit Zip Code: 5806
  • Zip Code: 85206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,864
  • Tax Rate Code Area: 041011

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 430,526
  • High Value: 496,803
  • Low Value: 364,249

    Market Valuation

  • Market Total Value: $309,700
  • Market Land Value: $61,900
  • Market Improvement Value: $247,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,970
  • Assessed Land Value: $6,190
  • Assessed Improvements Value: $24,780

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210250612
  • Previous Sale Recording Date: May 17, 2004
  • Previous Sale Contract Date: Apr 27, 2004
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mesa

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Above Asking

0.39%

Average Days on Market

69

Average Home Size

1939 ft²

Average Home Age

31.8 years

Currently For Sale

1611 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6945 E Main Street, Mesa, AZ, 85207

$3,355 /mo

  • 1 Bed
  • 1 Bath
  • 667 ft²
6945 E Main Street, Mesa, AZ, 85207 Listing by Lydia Wietsma
Unit for rent at 4941 E Colby Street, Mesa, AZ, 85205

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,088 ft²
4941 E Colby Street, Mesa, AZ, 85205 Listing by Christopher Lopez
Unit for rent at 6915 E Boise Street, Mesa, AZ, 85207

$2,300 /mo

  • 4 Beds
  • 4 Baths
  • 2,218 ft²
6915 E Boise Street, Mesa, AZ, 85207 Listing by DeVonna Snow

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Patrick Lee Kaiser, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 7008357
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1004 South Somerset built and last sold?
The property at 1004 South Somerset was built in 1997 and last sold on Feb 26, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 1004 South Somerset is $0.
What are some comparable homes to 1004 South Somerset?
There are currently no comparable homes to 1004 South Somerset.
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