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Mesa 85208 Parkwood Ranch
10424 E FORGE Avenue
Photo of 10424 E FORGE Avenue
Sold on Dec 5, 2025

39

Map

Photo of 10424 E FORGE Avenue
Photo of 10424 E FORGE Avenue
$424,900
● House - Off Market

10424 E FORGE Avenue

Mesa, AZ 85208
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$2,388
Est. Monthly
$170
HOA / Fees
5.59%
Cap Rate

About This Property

Dreaming of space? This Parkwood Ranch gem sits on a quarter-acre private lot with incredible curb appeal and manicured landscaping. Dual side gates, including an RV gate, provide room for boats, trailers, or extra vehicles. Step inside to an inviting open layout with wood-look vinyl floors and natural light streaming through oversized windows. The kitchen features maple cabinets, pantry storage, black appliances, and connects seamlessly to the family room-perfect for entertaining. The spacious primary suite boasts a bay window, walk-in closet, spa-style jacuzzi tub, and sliding door to the backyard. Enjoy your own park-like retreat with a covered patio and endless possibilities.
Unit Size
1,672 Ft²
Days on Market
77 days
Land Size
0.25 acres
Price per sqft
$254
Property Type
House
Property Taxes
$131
HOA Dues
$170
Year Built
1998

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (ARMLS #6914645)

Price History

Date / Event Date Event Price
Dec 5, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Sep 4, 2025 Listed by Real Broker $424,900
Listed by Real Broker
Dec 1, 1998 Sold
Premium
Sold
Jul 23, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • 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

    Dimensions

  • Lot Size Square Feet: 10,907
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWOOD RANCH PARCEL 2
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: PARKWOOD RANCH PARCEL 2 MCR 437-12

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 422615

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 43712
  • Parcel: 220-71-176
  • Lot: 158
  • Meridian: SEC 26 TWN 1N RNG 7E
  • Municipality: MESA
  • Latitude: 33.3963
  • Longitude: -111.606

    Address

  • Full Address: 10424 E Forge Ave
  • Address - House Number: 10424
  • Street Direction: E
  • Address - Street Name: Forge
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C049
  • 4-Digit Zip Code: 7123
  • Zip Code: 85208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,204
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 473,878
  • High Value: 538,011
  • Low Value: 409,746

    Market Valuation

  • Market Total Value: $348,700
  • Market Land Value: $69,700
  • Market Improvement Value: $279,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,870
  • Assessed Land Value: $6,970
  • Assessed Improvements Value: $27,900

    Sales

  • Current Sale Contract Date: Nov 05, 1998
  • Current Sale Recording Date: Dec 01, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 98-1083240
  • Previous Sale Recording Date: Jul 23, 1998
  • Previous Sale Contract Date: Jul 23, 1998
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: 15
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 Parkwood Ranch

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1723 ft²

Average Home Age

23 years

Currently For Sale

22 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 10159 E Kiva Avenue, Mesa, AZ, 85209

$2,195 /mo

  • 4 Beds
  • 2 Baths
  • 1,691 ft²
10159 E Kiva Avenue, Mesa, AZ, 85209 Listing by Kendra L Davidson
Unit for rent at 10903 E Diamond Avenue, Mesa, AZ, 85208

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,591 ft²
10903 E Diamond Avenue, Mesa, AZ, 85208 Listing by Edgar J Hernandez Vergil
Unit for rent at 10653 E Florian Avenue, Mesa, AZ, 85208

$2,295 /mo

  • 4 Beds
  • 2 Baths
  • 1,746 ft²
10653 E Florian Avenue, Mesa, AZ, 85208 Listing by Edgar J Hernandez Vergil

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Brett M Williams, Real Broker
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6914645
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 10424 East Forge Avenue built and last sold?
The property at 10424 East Forge Avenue was built in 1998 and last sold on Nov 5, 1998 for $142,526.
How much is this home worth?
The estimated value of the home located at 10424 East Forge Avenue is $0.
What are some comparable homes to 10424 East Forge Avenue?
There are currently no comparable homes to 10424 East Forge Avenue.
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