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Sold for $588,000
  • $588,000

    1138 N Dresden Cir, Mesa, AZ 85203

    --beds
    0baths
    2,070sqft
    MultiFamily
    Built in 1972
    -- sqft lot
    $589,400 Zestimate®
    $284/sqft
    $1,671 Estimated rent

    Home value

    $589,400

    $542,000 - $642,000

    $1,671/mo

    Zestimate® history
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    $1,671/mo

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    $3,395/mo

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    $3,395/mo

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    What's special

    TURN-KEY!! ***DRIVE BY ONLY** Location, Location, Location! minutes away from Mesa Riverview/Tempe Marketplace! Close to Cubs & Oakland A's spring training! MCC, ASU and light rail! Fully rented, rarely vacant. Meticulously maintained by owner! 2-1 bed 1 bath units and 1-2bed/1bath unit. Rent is 750,700,800. 2 are MTM (month-to-month) and 1 is up 3/18 Always rented! 1% vacancy rate! 8.8% CAP RATE! Only 2 months out of the last 48 months have been vacant (out of all 3 units!) Stucco'd exterior! 1 & 2 Car garage (3 garages!) and 1 Carport! Tons of storage. Each unit has a 5x5 storage area, but there are 2 15x10 additional storage areas! 1138 has sideyard, 1142 has sideyard and backyard with Covered patio. Community coin-op laundry

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Heat pump
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,070 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 8,965 Square Feet
    Details
    • Parcel number: 13732378

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Metal
    Condition
    • Year built: 1972

    Utilities & green energy

    • Electric: Individual Meter, City Electric, Other (See Remarks)
    • Sewer: Sewer - Public

    Community & HOA

    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $284/sqft
    • Tax assessed value: $442,300
    • Annual tax amount: $1,050
    • Ownership: Fee Simple
    • Tenant pays: Electric, Other (See Remarks), Trash

    Price history

    DateEventPrice
    4/17/2026Sold$588,000-1.8%$284/sqft
    Source: Public Record Report a problem
    2/17/2026Price change$599,000-4.2%$289/sqft
    Source: ARMLS #6948740 Report a problem
    2/4/2026Price change$625,000-0.6%$302/sqft
    Source: ARMLS #6948740 Report a problem
    12/5/2025Price change$629,000-1.6%$304/sqft
    Source: ARMLS #6948740 Report a problem
    11/26/2025Price change$639,000-1.5%$309/sqft
    Source: ARMLS #6948740 Report a problem
    11/18/2025Listed for sale$649,000+159.6%$314/sqft
    Source: ARMLS #6948740 Report a problem
    1/4/2018Sold$250,000-3.8%$121/sqft
    Source: ARMLS #5701127 Report a problem
    12/27/2017Pending sale$259,900$126/sqft
    Source: RE/MAX PRECISION #5701127 Report a problem
    12/22/2017Listed for sale$259,900+54.7%$126/sqft
    Source: Re/Max Precision #5701127 Report a problem
    5/20/2004Sold$168,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,050 +0.5%$44,230 +6.1%
    2024$1,045 -0.8%$41,700 +329.7%
    2023$1,054 +1.6%$9,704 -63.7%
    2022$1,037 +0.1%$26,750 +18.6%
    2021$1,036 +7%$22,550 +9.6%
    2020$968 +4.2%$20,570 +18.6%
    2019$929 $17,350 +12.3%
    2018$929 +3.1%$15,450 +20.2%
    2017$901 +8.4%$12,850 +5.9%
    2016$831 -4.4%$12,130 +14.9%
    2015$869 $10,560 +31.8%
    2014-- $8,010 +41.3%
    2013-- $5,670 -1.7%
    2012-- $5,770 -35.7%
    2011-- $8,980 -26.2%
    2010-- $12,170 -39.2%
    2009-- $20,020 -5.6%
    2008-- $21,210 +7.7%
    2007-- $19,700 +42.2%
    2006-- $13,850
    2005-- $13,850 +26.5%
    2004-- $10,950
    2003-- $10,950 +19.7%
    2002-- $9,150
    Find assessor info on the county website

    Neighborhood: 85203

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kerr Elementary School
    • Middle: Kino Junior High School
    • High: Westwood High School
    • District: Mesa Unified District (004)

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $589,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $589,400