1138 S Meridian Rd Mesa, AZ 85208
Superstition Country Neighborhood
4.2
Acres
$416,667
Price per Acre
182,952
Sq Ft Lot
About This Lot
As of October 2024Prime development opportunity!! Recently re-zoned from RS-42 to RM-3 PAD, the property is approved for 72 garden-style apartment units across three buildings, offering a mix of 1 BD, 2 BD, and 3 BD units. The location is ideal, with proximity to Eastmark, Mesa-Gateway Airport, and major healthcare employers. The area boasts strong rental demand and sale values for new residential housing, supported by an annual household income of over $80,000 within a 1-mile radius.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,329
Lot Details
- 4.2 Acre Lot
- Property is zoned RM-3 PAD
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 220-79-425
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $1,750,000 | -19.0% | -- |
| 10/10/2024 10/10/24 | For Sale | $2,160,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,318 | $13,426 | $13,426 | -- |
| 2024 | $1,329 | $12,787 | $12,787 | -- |
| 2023 | $1,329 | $115,035 | $115,035 | $0 |
| 2022 | $1,301 | $63,180 | $63,180 | $0 |
| 2021 | $1,317 | $59,280 | $59,280 | $0 |
| 2020 | $1,300 | $55,635 | $55,635 | $0 |
| 2019 | $1,215 | $51,330 | $51,330 | $0 |
| 2018 | $1,166 | $48,210 | $48,210 | $0 |
| 2017 | $1,131 | $26,385 | $26,385 | $0 |
| 2016 | $1,110 | $30,045 | $30,045 | $0 |
| 2015 | $1,113 | $24,672 | $24,672 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Construction | |
| Previous Owner | $150,000 | Seller Take Back |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Pioneer Title Agency | |
| Warranty Deed | $1,750,000 | Pioneer Title Agency | |
| Warranty Deed | $400,000 | Pioneer Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $340,000 | First American Title | |
| Warranty Deed | $256,000 | Security Title Agency | |
| Cash Sale Deed | $106,000 | Security Title Agency |
Source: Public Records
Similar Property in Mesa, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6769202
APN: 220-79-425
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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