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Mesa 85203
548 E HOPE Circle
Photo of 548 E HOPE Circle
Sold on Oct 23, 2025

43

Map

Photo of 548 E HOPE Circle
Photo of 548 E HOPE Circle
$605,000
● House - Off Market

548 E HOPE Circle

Mesa, AZ 85203
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,735 Ft²
$3,242
Est. Monthly
5.03%
Cap Rate

About This Property

Look no further! This gorgeous 4 bed, 3 bath residence in High Meadows is the one for you! Featuring 2x6 construction, great curb appeal, and a 3 car garage. Inside you will find sizeable dining & living areas, perfect for entertaining. The kitchen comes equipped w/, plenty of cabinet space. The primary bedroom showcases a walk-in closet and a private ensuite w/dual sinks for added convenience. Also including a large backyard w/a covered patio and a sparkling blue pool, this home is a true gem! Water heater replaced in 2025. Act now before it's gone!
Unit Size
2,735 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$227
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1986

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: 5 months ago (ARMLS #6918140)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Premium
Sold
Sep 11, 2025 Listed by eXp Realty $619,900
Listed by eXp Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • 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: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 29
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,386
  • Total Building Area: 2,735
  • Gross Building Area: 2,735
  • Building Area: 2,735
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,735
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH MEADOWS
  • Land Acres: 0000000307
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: HIGH MEADOWS MCR 256-46

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420503

Zoning

  • Zoning: R-9

Geography

  • Assessors Map Reference: 25646
  • Parcel: 136-26-884
  • Lot: 61
  • Meridian: SEC 11 TWN 1N RNG 5E
  • Municipality: MESA
  • Latitude: 33.4428
  • Longitude: -111.819

    Address

  • Full Address: 548 E Hope Cir
  • Address - House Number: 548
  • Street Direction: E
  • Address - Street Name: Hope
  • Address - Suffix Type: Cir
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C032
  • 4-Digit Zip Code: 3678
  • Zip Code: 85203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,392
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 674,237
  • High Value: 765,485
  • Low Value: 582,989

    Market Valuation

  • Market Total Value: $467,100
  • Market Land Value: $93,400
  • Market Improvement Value: $373,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,710
  • Assessed Land Value: $9,340
  • Assessed Improvements Value: $37,370
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 421 N Pima --, Mesa, AZ, 85201

$2,799 /mo

  • 4 Beds
  • 2 Baths
  • 1,626 ft²
421 N Pima --, Mesa, AZ, 85201 Listing by Chad Cluff
Unit for rent at 945 N Pasadena --, Mesa, AZ, 85201

$2,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
945 N Pasadena -- #125, Mesa, AZ, 85201 Listing by Teryl L. Semmons

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Tyler Blair, eXp Realty
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6918140
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 548 East Hope Circle built and last sold?
The property at 548 East Hope Circle was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 548 East Hope Circle is $630,456.
What are some comparable homes to 548 East Hope Circle?
There are currently no comparable homes to 548 East Hope Circle.
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