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Mesa 85204 Community Fiesta
56 S MATLOCK Street
Photo of 56 S MATLOCK Street
Sold on Jul 21, 2022

36

Map

Photo of 56 S MATLOCK Street
Photo of 56 S MATLOCK Street
$435,000
● House - Off Market

56 S MATLOCK Street

Mesa, AZ 85204
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,324 Ft²
$399,452
RealtyHop Estimate
-3.75%
Since Aug 1, 2022
AZ-Phoenix
Primary Model

About This Property

Here's your oasis in the desert!  Located near up-and-coming Downtown Mesa, w/ the light rail at the end of your tree lined street, this property will make you feel right at home. Kitchen and bathrooms have been tastefully remodeled. Primary suite has separate exit to outdoors, dual closets, & a private bath w/ walk-in shower. Plantation shutters throughout the home. Your private backyard has a covered pergola w/ built in lighting/fireplace to enjoy lovely Arizona evenings year round. Property includes a fantastic yard, mature fruit trees, a gardening area & 2 large out buildings with barn doors - perfect for storage/workroom (larger one has full power & recessed lighting).  RV gate/Parking & separate dog run.  Plenty of parking on your circular driveway out front. NO HOA! Don't miss it!
Unit Size
1,324 Ft²
Days on Market
35 days
Land Size
0.21 acres
Price per sqft
$313
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
1948

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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 #6415333)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
Jun 10, 2022 Listed by Keller Williams Arizona Realty $415,000
Listed by Keller Williams Arizona Realty
Jul 15, 2020 Sold
Premium
Sold
Jun 12, 2020 Listed by Keller Williams Arizona Realty $300,000
Listed by Keller Williams Arizona Realty
Aug 28, 2015 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • 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: 12
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,248
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN GROVE
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: GOLDEN GROVE MCR 37/31

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 421501

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 3731
  • Parcel: 138-16-030
  • Lot: 30
  • Meridian: SEC 23 TWN 1N RNG 5E
  • Municipality: MESA
  • Latitude: 33.4135
  • Longitude: -111.808

    Address

  • Full Address: 56 S Matlock St
  • Address - House Number: 56
  • Street Direction: S
  • Address - Street Name: Matlock
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C037
  • 4-Digit Zip Code: 1114
  • Zip Code: 85204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $72,020
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 372,598
  • High Value: 423,024
  • Low Value: 322,173

    Market Valuation

  • Market Total Value: $254,300
  • Market Land Value: $50,800
  • Market Improvement Value: $203,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,430
  • Assessed Land Value: $5,080
  • Assessed Improvements Value: $20,350

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 589350
  • Previous Sale Recording Date: Jul 15, 2020
  • Previous Sale Contract Date: Jul 10, 2020
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 71
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 Community Fiesta

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$277

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1610 ft²

Average Home Age

67.5 years

Currently For Sale

2 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 1927 E Hampton Avenue, Mesa, AZ, 85204

$1,295 /mo

  • 2 Beds
  • 2 Baths
  • 988 ft²
1927 E Hampton Avenue #141, Mesa, AZ, 85204 Listing by Terri McKenney
Unit for rent at 410 E 9th Avenue, Mesa, AZ, 85204

$1,080 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
410 E 9th Avenue #5, Mesa, AZ, 85204 Listing by Rhonda Mcfarlin
Unit for rent at 1742 E 6th Avenue, Mesa, AZ, 85204

$939 /mo

  • 2 Beds
  • 1 Bath
  • 848 ft²
1742 E 6th Avenue #1746, Mesa, AZ, 85204 Listing by Rhonda Mcfarlin

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Kayla M Harrow, Keller Williams Arizona Realty
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6415333
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 56 South Matlock Street built and last sold?
The property at 56 South Matlock Street was built in 1948 and last sold on Jul 15, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 56 South Matlock Street is $406,595.
What are some comparable homes to 56 South Matlock Street?
There are currently no comparable homes to 56 South Matlock Street.
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