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Mesa 85206
1254 S Nassau Drive
Photo of 1254 S Nassau Drive
Sold on May 30, 2018

24

Map

Photo of 1254 S Nassau Drive
Photo of 1254 S Nassau Drive
$410,000
● House - Off Market

1254 S Nassau Drive

Mesa, AZ 85206
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,831 Ft²
$718,061
RealtyHop Estimate
77.30%
Since Jun 1, 2018
AZ-Phoenix
Primary Model

About This Property

Hit the TRIFECTA with this stately 5+ bedroom home. NO HOA, HUGE LOT with lots of room for extra cars or toys, ENERGY EFFICIENT, owner invested over 16K in Solar HW Heater, Radiant Barrier and more.  First floor Master with 4 large bedrooms upstairs.  The large den off the entry could be a 6th bedroom, home office or hobby room.  Tons of storage including large room off garage that could be used as a workshop.  The backyard boasts a fenced pool (just re-plastered), covered patio as well as tons of room to play or expand.   Just minutes to 60 FRWY and Dana Park shopping and dining.  This home has it all and will go quickly so make your appointment to see it today!
Unit Size
2,831 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$143
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1982

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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: 5 months ago (ARMLS #5753807)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Apr 11, 2018 Listed by HomeSmart $405,000
Listed by HomeSmart
Aug 9, 2013 Sold
Premium
Sold
Jun 28, 2013 Listed by HomeSmart $349,500
Listed by HomeSmart

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 21
  • Floor Count: 200
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 18,311
  • Total Building Area: 2,831
  • Gross Building Area: 2,831
  • Building Area: 2,831
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,831
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIERRA RICA
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: TIERRA RICA MCR 212-36

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 422514

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: 21236
  • Parcel: 140-56-064
  • Lot: 38
  • Meridian: SEC 33 TWN 1N RNG 6E
  • Municipality: MESA
  • Latitude: 33.3922
  • Longitude: -111.745

    Address

  • Full Address: 1254 S Nassau
  • Address - House Number: 1254
  • Street Direction: S
  • Address - Street Name: Nassau
  • State: AZ
  • City Name: Mesa
  • Carrier Code: R003
  • 4-Digit Zip Code: 3203
  • Zip Code: 85206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $253,028
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 702,471
  • High Value: 834,490
  • Low Value: 570,452

    Market Valuation

  • Market Total Value: $454,100
  • Market Land Value: $90,800
  • Market Improvement Value: $363,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,410
  • Assessed Land Value: $9,080
  • Assessed Improvements Value: $36,330

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20180401221
  • Previous Sale Recording Date: Aug 09, 2013
  • Previous Sale Contract Date: Jul 08, 2013
  • Previous Sale Amount: $341,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Loan Type:
    Premium
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

1935 ft²

Average Home Age

32 years

Currently For Sale

1635 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 1218 E Seahorse Lane, Gilbert, AZ, 85234

$9,995 /mo

  • 3 Beds
  • 4 Baths
  • 1,813 ft²
1218 E Seahorse Lane, Gilbert, AZ, 85234 Listing by Daniel Rosenbaum
Unit for rent at 3250 E Ford Avenue, Gilbert, AZ, 85234

$2,695 /mo

  • 4 Beds
  • 2 Baths
  • 1,785 ft²
3250 E Ford Avenue, Gilbert, AZ, 85234 Listing by Perry B Kimball
Unit for rent at 4328 E Capri Avenue, Mesa, AZ, 85206

$2,895 /mo

  • 2 Beds
  • 2 Baths
  • 990 ft²
4328 E Capri Avenue #180, Mesa, AZ, 85206 Listing by Ximena Tirado Paredes

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Deborah A Brewer, HomeSmart
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 5753807
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 1254 South Nassau built and last sold?
The property at 1254 South Nassau was built in 1982 and last sold on May 11, 2018 for $410,000.
How much is this home worth?
The estimated value of the home located at 1254 South Nassau is $406,978.
What are some comparable homes to 1254 South Nassau?
There are currently no comparable homes to 1254 South Nassau.
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