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Mesa 85206 Leisure World
974 LEISURE WORLD Drive
Photo of 974 LEISURE WORLD Drive
Sold on Oct 18, 2024

37

Map

Photo of 974 LEISURE WORLD Drive
Photo of 974 LEISURE WORLD Drive
$350,000
● House - Off Market

974 LEISURE WORLD Drive

Mesa, AZ 85206
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,331 Ft²
$2,184
Est. Monthly
$353
HOA / Fees

About This Property

Discover your dream retreat in this charming 2-bedroom, 2-bath home nestled within the exclusive gated adult community, Leisure World. Set on a large lot, this residence boasts dual pane windows that fill the spacious living areas with natural light, creating an inviting ambiance. The primary bedroom features a generous walk-in closet, while the covered patio offers a tranquil view of the serene, low-maintenance backyard. Additional highlights include a 2-car garage and access to outstanding community amenities such as a clubhouse, heated pool and spa, guarded entry, and a modern workout facility. Enjoy a luxurious lifestyle in a peaceful, secure setting!
Unit Size
1,331 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$263
Property Type
House
Property Taxes
$112
HOA Dues
$353
Year Built
1979

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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 #6725215)

Price History

Date / Event Date Event Price
Oct 18, 2024 Sold
Premium
Sold
Jun 28, 2024 Listed by My Home Group Real Estate $349,900
Listed by My Home Group Real Estate
Oct 1, 2012 Sold
Premium
Sold
Jan 21, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • 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: 7,582
  • Total Building Area: 1,331
  • Gross Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEISURE WORLD 11
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: LEISURE WORLD 11 MCR 189-13

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 18913
  • Parcel: 141-81-559
  • Lot: 974
  • Meridian: SEC 25 TWN 1N RNG 6E
  • Latitude: 33.4068
  • Longitude: -111.691

    Address

  • Full Address: 974 Leisure World
  • Address - House Number: 974
  • Address - Street Name: Leisure World
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C027
  • 4-Digit Zip Code: 2439
  • Zip Code: 85206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,592
  • Tax Rate Code Area: 040012

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 342,659
  • High Value: 389,033
  • Low Value: 296,286

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $48,000
  • Market Improvement Value: $192,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $19,200

    Sales

  • Current Sale Contract Date: Sep 25, 2012
  • Current Sale Recording Date: Oct 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-0889842
  • Previous Sale Recording Date: Jan 21, 1997
  • Previous Sale Contract Date: Jan 03, 1997
  • Previous Sale Amount: $70,320
  • Previous Sale Document Type: 15

    Financing

  • First Mortgage Financing Type: FIX
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:

$359,000

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1711 ft²

Average Home Age

44.1 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 5260 E Hopi Avenue, Mesa, AZ, 85206

$9,995 /mo

  • 4 Beds
  • 2,135 ft²
5260 E Hopi Avenue, Mesa, AZ, 85206 Listing by Daniel Rosenbaum
Unit for rent at 6945 E Main Street, Mesa, AZ, 85207

$3,355 /mo

  • 1 Bed
  • 667 ft²
6945 E Main Street, Mesa, AZ, 85207 Listing by Lydia Wietsma
Unit for rent at 6130 E Akron Street, Mesa, AZ, 85205

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 890 ft²
6130 E Akron Street, Mesa, AZ, 85205 Listing by Todd R. Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6725215
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 974 Leisure World built and last sold?
The property at 974 Leisure World was built in 1979 and last sold on Sep 25, 2012 for $169,900.
How much is this home worth?
The estimated value of the home located at 974 Leisure World is $350,886.
What are some comparable homes to 974 Leisure World?
There are currently no comparable homes to 974 Leisure World.
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