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509 South Olive

509 South Olive, Mesa, AZ 85204
Sold Jun 29, 1999
$40,000
$40,000 by The Rex M & Ruth N Kerby Famil
Mortgage
509 South Olive in Mesa, AZ was first built in 1940 and is 84 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 509 South Olive has 746 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,025 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in May 24, 1999 for $40,000. That's $53.62 per sqft. 509 South Olive was last assessed in 2023. The total value of the property was assessed at $19,500. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $15,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $490. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,025
  • Total Building Area: 746
  • Gross Building Area: 746
  • Building Area: 746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYNWOOD TRACT LOTS 1-24
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LYNWOOD TRACT LOTS 1-24 MCR 21/19

Ownership

  • Current Owner : LANE SHIRLEY ANN
  • Previous Owner : KERBY REX M
  • Previous Owner 2: KERBY RUTH N
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 26, 2024

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 421902

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 2119
  • Parcel: 139-23-078
  • Lot: 20
  • Meridian: SEC 26 TWN 1N RNG 5E
  • Municipality: MESA
  • Latitude: 33.4054
  • Longitude: -111.817

    Address

  • Full Address: 509 S Olive
  • Address - House Number: 509
  • Street Direction: S
  • Address - Street Name: Olive
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C039
  • 4-Digit Zip Code: 2525
  • Zip Code: 85204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1448
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 253,643
  • High Value: 290,372
  • Low Value: 216,914

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: THE REX M & RUTH N KERBY FAMIL
  • First Open Lien Mortgage Recording Date: Jun 29, 1999
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: ARIZONA FCU
  • Second Open Lien Mortgage Recording Date: Dec 23, 2011
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $195,000
  • Market Land Value: $39,000
  • Market Improvement Value: $156,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,500
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $15,600

    Sales

  • Current Sale Contract Date: May 24, 1999
  • Current Sale Recording Date: Jun 29, 1999
  • Current Sale Transaction ID: 1013334868
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99-0616814

    Last Sale Mortgage

  • First Mortgage Lender: THE REX M & RUTH N KERBY FAMIL
  • First Mortgage Transaction Date: Jun 29, 1999
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Watertower Improvement



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Frequently Asked Questions

What neighborhood is 509 South Olive located in?
The 509 South Olive is a located in the neighborhood of Watertower Improvement in Watertower Improvement, Mesa.
What is the average sales price for listings in 509 South Olive?
The average sales price for units in 509 South Olive is $0 currently.

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