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Mesa 85206 Leisure World
845 Leisure World --
Photo of 845 Leisure World --
Sold on Jul 28, 2023

45

Map

Photo of 845 Leisure World --
Photo of 845 Leisure World --
$364,000
● House - Off Market

845 Leisure World --

Mesa, AZ 85206
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,956 Ft²
$374,557
RealtyHop Estimate
0.15%
Since Aug 1, 2023
AZ-Phoenix
Primary Model

About This Property

Beautifully remodeled kitchen 2022 with tile backsplash, granite countertops, pull out pantry & drawers throughout, RO system & whole house filter system. New luxury, vinyl flooring in kitchen, entry and Arizona room 2022. Wood flooring in living, dining & bedrooms. Master bath has a zero entry shower, grab bars & master bedroom is large with sitting/bonus area. Doors are widened for disabled entrance, as well as electrical outlets placed for accessibility. The newer roof in 2021 has high profile shingles & 10 year transferable warranty. Large front porch and covered back patio with fenced backyard & fruit trees. Front landscape is low maintenance with watering system front and back. Located in the gated, active adult community of Leisure World with endless amenities.
Unit Size
1,956 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$191
Property Type
House
Property Taxes
$118
HOA Dues
$353
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 months ago (ARMLS #6532931)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
May 27, 2023 No longer available -
No longer available
May 19, 2023 Price Decreased $390,000
↓ $9K (2.3%)
Price Decreased
May 5, 2023 Price Decreased $399,000
↓ $11K (2.7%)
Price Decreased
Apr 22, 2023 Price Decreased $410,000
↓ $8K (1.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,956
  • Gross Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSSMOOR LEISURE WORLD GOLDEN HILLS PLAT
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: ROSSMOOR LEISURE WORLD GOLDEN HILLS PLAT 10 AMD MCR 181-35

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 422639

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 18135
  • Parcel: 141-81-302
  • Lot: 845
  • Meridian: SEC 25 TWN 1N RNG 6E
  • Latitude: 33.4028
  • Longitude: -111.687

    Address

  • Full Address: 845 Leisure World
  • Address - House Number: 845
  • Address - Street Name: Leisure World
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C027
  • 4-Digit Zip Code: 2408
  • Zip Code: 85206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $144,004
  • Tax Rate Code Area: 040012

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 396,722
  • High Value: 460,429
  • Low Value: 333,015

    Market Valuation

  • Market Total Value: $274,300
  • Market Land Value: $54,800
  • Market Improvement Value: $219,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,430
  • Assessed Land Value: $5,480
  • Assessed Improvements Value: $21,950

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 394051
  • Previous Sale Recording Date: Aug 28, 2017
  • Previous Sale Contract Date: Aug 10, 2017
  • Previous Sale Amount: $185,000
  • 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 Leisure World

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1705 ft²

Average Home Age

44.3 years

Currently For Sale

51 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 5529 E Gable Avenue, Mesa, AZ, 85206

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,136 ft²
5529 E Gable Avenue, Mesa, AZ, 85206 Listing by Ryan Christensen
Unit for rent at 5643 E Alder Avenue, Mesa, AZ, 85206

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,177 ft²
5643 E Alder Avenue, Mesa, AZ, 85206 Listing by Scott Harris
Unit for rent at 6915 E Boise Street, Mesa, AZ, 85207

$2,495 /mo

  • 4 Beds
  • 4 Baths
  • 2,218 ft²
6915 E Boise Street, Mesa, AZ, 85207 Listing by DeVonna Snow

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Alisha B Anderson, Real Broker
Last Updated: 3 months ago
Data Source: ARMLS, MLS# 6532931
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 845 Leisure World built and last sold?
The property at 845 Leisure World was built in 1977 and last sold on Jul 28, 2023 for $364,000.
How much is this home worth?
The estimated value of the home located at 845 Leisure World is $387,872.
What are some comparable homes to 845 Leisure World?
There are currently no comparable homes to 845 Leisure World.
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