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Mesa 85203
1133 E 8th Place
Photo of 1133 E 8th Place
Sold on May 23, 2024

29

Map

Photo of 1133 E 8th Place
Photo of 1133 E 8th Place
$449,000
● House - Off Market

1133 E 8th Place

Mesa, AZ 85203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,190 Ft²
$2,322
Est. Monthly
5.57%
Cap Rate

About This Property

Welcome to this beautiful home in the heart of Mesa. Ready to move right in. Home is very spacious with a separate living and family room to enjoy entertaining. Three spacious bedrooms with lots of closet space. Wood throughout house is all ash. Beautiful curb appeal. Relax by the pool and enjoy the amazing private backyard.  Make this your new home now.
Unit Size
2,190 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$205
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1960

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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: 3 months ago (ARMLS #6686901)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Apr 4, 2024 Listed by Western Lifestyle Realty $449,000
Listed by Western Lifestyle Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 2
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,514
  • Total Building Area: 2,190
  • Gross Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE LAND HOMES INC 1 LOTS 29-52, 84-95
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: LEE LAND HOMES INC 1 LOTS 29-52, 84-95 MCR 79/11

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420901

Zoning

  • Zoning: R-9

Geography

  • Assessors Map Reference: 7911
  • Parcel: 137-30-013
  • Lot: 41
  • Meridian: SEC 14 TWN 1N RNG 5E
  • Municipality: MESA
  • Latitude: 33.4303
  • Longitude: -111.806

    Address

  • Full Address: 1133 E 8th Pl
  • Address - House Number: 1133
  • Street Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C007
  • 4-Digit Zip Code: 5611
  • Zip Code: 85203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,102
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 529,383
  • High Value: 600,963
  • Low Value: 457,802

    Market Valuation

  • Market Total Value: $353,000
  • Market Land Value: $70,600
  • Market Improvement Value: $282,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,300
  • Assessed Land Value: $7,060
  • Assessed Improvements Value: $28,240
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

1928 ft²

Average Home Age

32.1 years

Currently For Sale

1647 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 220 N 22nd Place, Mesa, AZ, 85213

$2,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,344 ft²
220 N 22nd Place #1109, Mesa, AZ, 85213 Listing by Denver Lane
Unit for rent at 455 S Mesa Drive, Mesa, AZ, 85210

$2,185 /mo

  • 4 Beds
  • 2 Baths
  • 1,055 ft²
455 S Mesa Drive #176, Mesa, AZ, 85210 Listing by Ronaldo Lewis
Unit for rent at 851 N Country Club Drive, Mesa, AZ, 85201

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,011 ft²
851 N Country Club Drive, Mesa, AZ, 85201 Listing by Rebecca Chen

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Stephanie R. Furrow, Western Lifestyle Realty
Last Updated: 3 months ago
Data Source: ARMLS, MLS# 6686901
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 1133 East 8th Place built and last sold?
The property at 1133 East 8th Place was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1133 East 8th Place is $0.
What are some comparable homes to 1133 East 8th Place?
There are currently no comparable homes to 1133 East 8th Place.
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