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Mesa 85212
5405 S VERDE --
Photo of 5405 S VERDE --
Sold on Oct 13, 2026

43

Map

Photo of 5405 S VERDE --
Photo of 5405 S VERDE --
$725,000
● House - Off Market

5405 S VERDE --

Mesa, AZ 85212
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,556 Ft²
$4,196
Est. Monthly
$237
HOA / Fees

About This Property

Beautifully upgraded former model home! This exceptional 4-bedroom, 3.5-bath home sits on a desirable corner lot and features a private guest suite, ideal for guests or multi-generational living. Beautiful wood flooring runs throughout, adding warmth and timeless style. The culinary kitchen is a showstopper with dual ovens and a gas cooktop, perfect for the home chef. Enjoy downstairs laundry with sink and fridge, plus mature front and backyard landscaping for instant curb appeal. The home also features solar for added energy efficiency. Cadence Gateway offers resort-style amenities including a fitness center, lap pool, slide pool, and hot tub. No expense was spared -- this meticulously upgraded home offers move-in-ready luxury in a prime Mesa location.
Unit Size
3,556 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$208
Property Type
House
Property Taxes
$325
HOA Dues
$237
Year Built
2018

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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: 25 days ago (ARMLS #7078149)

Price History

Date / Event Date Event Price
Oct 13, 2026 Sold
Premium
Sold
Sep 24, 2026 In contract -
In contract
Sep 10, 2026 Listed by DeLex Realty $740,000
Listed by DeLex Realty
Nov 22, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,843
  • Total Building Area: 3,498
  • Gross Building Area: 3,498
  • Building Area: 3,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 3,498
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARCEL B AT PPGN
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • Legal Description 1: PARCEL B AT PPGN MCR 1315-32

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 817600

Zoning

  • Zoning: PC

Geography

  • Assessors Map Reference: MB 131532
  • Parcel: 313-25-159
  • Lot: 93
  • Meridian: SEC 27 TWN 1S RNG 7E
  • Municipality: MESA
  • Latitude: 33.3174
  • Longitude: -111.625

    Address

  • Full Address: 5405 S Verde
  • Address - House Number: 5405
  • Street Direction: S
  • Address - Street Name: Verde
  • State: AZ
  • City Name: Mesa
  • Carrier Code: R158
  • 4-Digit Zip Code: 9118
  • Zip Code: 85212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,542
  • Tax Rate Code Area: 951010

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 855,529
  • High Value: 1,008,826
  • Low Value: 702,233

    Market Valuation

  • Market Total Value: $534,000
  • Market Land Value: $106,800
  • Market Improvement Value: $427,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,400
  • Assessed Land Value: $10,680
  • Assessed Improvements Value: $42,720

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20190947926
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

1641 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 10118 E Tesla Avenue, Mesa, AZ, 85212

$8,495 /mo

  • 4 Beds
  • 5 Baths
  • 3,316 ft²
10118 E Tesla Avenue, Mesa, AZ, 85212 Listing by Kelly Martin
Unit for rent at 9908 E Texas Avenue, Mesa, AZ, 85212

$2,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,248 ft²
9908 E Texas Avenue, Mesa, AZ, 85212 Listing by Kenith Johnson
Unit for rent at 9850 E Tamery Avenue, Mesa, AZ, 85212

$2,450 /mo

  • 3 Beds
  • 3 Baths
  • 1,785 ft²
9850 E Tamery Avenue, Mesa, AZ, 85212 Listing by Richard Greene

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Melissa O Mosley, DeLex Realty
Last Updated: 25 days ago
Data Source: ARMLS, MLS# 7078149
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 5405 South Verde built and last sold?
The property at 5405 South Verde was built in 2018 and last sold on Nov 22, 2019 for $540,000.
How much is this home worth?
The estimated value of the home located at 5405 South Verde is $756,397.
What are some comparable homes to 5405 South Verde?
There are currently no comparable homes to 5405 South Verde.
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