5 months on rocket

554 W Rio Salado Pkwy, Mesa, AZ, 85201

$315,500

Home List Price

$3,747*

Closing Credit

2 Bedrooms
2 Baths
1,342 SqFt
$235/SqFt
House

Location

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554 W Rio Salado Pkwy, Mesa$315,500

Buyer Closing Credits

$3,747*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1947
HeatingElectric
FireplaceNone
MLS #6708280
Lot Size0.46 Acres
StatusActive

About 554 W Rio Salado Pkwy

Huge lot zoned MF! Renovate this home or demo everything and build a Multi-Family property! Plans for a four-plex have already been started and available at not extra cost if you wish to proceed with building a 4 Plex. Had to go through (DIP) review which is a Development Incentive Permit with the City of Mesa and it was pre-approved through the City Council and only a few things need to be completed for the DIP process and to move forward with plan review with the planning and development department at City of Mesa. Property is centrally located and close to Mesa Riverview shopping center, Tempe Marketplace, the 101 and the 202 and down the street from the Cubs stadium! It is a great area and has lots of potential with whichever exit strategy is chosen.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 1
  • Living Area: 1,342 SqFt

Listing Office:

  • Office Name: Balboa Realty, LLC
  • Office Phone: (602) 899-6675
  • Listing Agent: Jose Carreon, Jose Lopez

Interior Features

Interior Information:

  • Interior: 3/4 Bath Master Bdrm
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Westwood High School, Public District Grades 9-12
  • East Valley Academy, Public District Grades 9-12
  • Carson Junior High School, Public District Grades 7-9
  • Franklin At Alma Elementary School, Public District Grades KG-8
  • Eagleridge Enrichment Program, Public District Grades KG-9
  • Emerson Elementary School, Public District Grades KG-6
  • Franklin West Elementary School, Public District Grades KG-6
  • Franklin Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,500
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $1,060
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mesa, AZ.

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Mesa, AZ

City

Med. Sold Price

$449.9K

Med. Price/SqFt

$270

Avg. Days On Market

58

# of Sold Homes

463

554 W Rio Salado Pkwy vs Mesa

168 DAYS ON ROCKET

+110 Days

$315,500

-$134.4K Less

$235/SqFt

-$36 Less

KEY TAKEAWAY

This property is $134.4K less than the Median Sold Price and $36/SqFt less than other homes in Mesa, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6708280

Listing Office:

  • Office Name: Balboa Realty, LLC
  • Office Phone: (602) 899-6675
  • Listing Agent: Jose Carreon, Jose Lopez

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 06, 2021Home Sold
$225,000
Nov 25, 2003Home Sold
$114,000
Apr 07, 1998Home Sold
$85,000
May 29, 1991Home Sold
$58,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,060$18,770
2020$1,046$19,030
2019$938$15,300
2017$910$11,900

History based on county public records data.

Payment Calculator

$1,642

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1886355
2
/10

  • Emerson Elementary School

  • 415 N Westwood

  • 0.68 miles

  • Public District Grades KG-6

school-card-donut-1886356
6
/10

  • Franklin West Elementary School

  • 236 S Sirrine

  • 1.61 miles

  • Public District Grades KG-6

school-card-donut-1886357
9
/10

  • Franklin Elementary School

  • 1753 E 8th Ave

  • 3.52 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1886358
2
/10

  • Carson Junior High School

  • 525 N Westwood

  • 0.54 miles

  • Public District Grades 7-9

school-card-donut-1886359
10
/10

  • Franklin At Alma Elementary School

  • 1313 W Medina Ave

  • 4.28 miles

  • Public District Grades KG-8

school-card-donut-1886360
8
/10

  • Eagleridge Enrichment Program

  • 737 W Guadalupe Rd

  • 4.58 miles

  • Public District Grades KG-9

High School

school-card-donut-1886361
3
/10

  • Westwood High School

  • 945 W 8th St

  • 0.44 miles

  • Public District Grades 9-12

school-card-donut-1886362
2
/10

  • East Valley Academy

  • 855 W 8th Ave

  • 2.11 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,763. Most Mesa, AZ residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 554 W Rio Salado Pkwy

What is the listing price of this property?

The listing price of 554 W Rio Salado Pkwy property is $315,500.

What type of property is this?

The property 554 W Rio Salado Pkwy is a house located in Mesa, Arizona, 85201.

Is this property for sale now?

Active Listing: 554 W Rio Salado Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 554 W Rio Salado Pkwy are:
Emerson Elementary School: GreatSchools Rating 2/10
Franklin West Elementary School: GreatSchools Rating 6/10
Franklin Elementary School: GreatSchools Rating 9/10
Carson Junior High School: GreatSchools Rating 2/10
Franklin At Alma Elementary School: GreatSchools Rating 10/10
Eagleridge Enrichment Program: GreatSchools Rating 8/10
Westwood High School: GreatSchools Rating 3/10
East Valley Academy: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,060 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 6, 2021 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 554 W Rio Salado Pkwy has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 554 W Rio Salado Pkwy is 1,342 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 554 W Rio Salado Pkwy is 1947.

Rocket Homes›Arizona›Maricopa County›Mesa›85201›554 W Rio Salado Pkwy

This home is located at 554 W Rio Salado Pkwy in Mesa, AZ and zip code 85201 in the Santo Tomas Mesa neighborhood. This 1,342 square foot home, which was built in 1947, sits on a 0.46 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $315,500.

In October 2024 more than 73 listings in Mesa, AZ were sold above the asking price. During the same period more than 138 listings were sold at asking price, while more than 252 were sold below. Between September 2024 and October 2024, Mesa, AZ real estate market has seen increase in the number of listings by 7.2%. Listings spent 58 days on the market in October 2024, and had a median list price of $449,937 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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