- Assessed Value: $16,612
- Assessed Year: 2025
- Assessed County: Maricopa
- APN: 141-94-011
- Market Land Value: 65800
- Tax Amount: 1670.44
- Tax Year: 2025
- Market Value: 329000
- Market Year: 2025
1040 S Somerset; Mesa, AZ Property Details
Off market
1040 S Somerset Mesa, AZ 85206
$215,000 Listing Price
3 Beds
2 Baths
1,304 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1998
- Purchase Price: $100,652
- Open Loans / Balance: 1 / $10,686
- Est. Equity / %: $396,314 / 97.37%
- Gross Yield: 6.808%
- APN: 141-94-011
- Situs County: Maricopa
- Length Of Ownership: 28 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Concrete
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 1,304/SqFt
- Lot: 6,597/SqFt
- Gross: 1,454/SqFt
- Living: 1,304/SqFt
- Building: 1,304/SqFt
- Ground: 1,304/SqFt
- Price Per Square Foot: $77.19
Legal Description
- Description: ARIZONA VALENCIA CORR MCR 441-49
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Mesa Unified District
- Lat / Lon: 33.396484 / -111.71052
- Subdivision: Arizona Valencia Corr
- Property Class: Residential
- Zoning: R-7
- County Use Code: 0131
Amenities
- Plus Four: 5807
- Bathroom Fixtures: 6
- Cooling: Refrigeration
- Garage: Garage
- Heating: Forced air unit
- Parking: 2
HOA
- H O A One: $50
- H O A Amount: $50
- H O A One Frequency: Monthly
- H O A One Name: Arizona Valencia Community Association, Inc
- H O A One Type: Home Owner Association
- H O A Two Name: Arizona Valencia Ii Homeowners Association
- H O A Two Type: Home Owner Association
Ownership Info
1040 S Somerset has no associated ownership info
1040 S Somerset has no associated ownership info.
Taxes
1040 S Somerset has 9 associated Taxes items
1040 S Somerset, Mesa, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $16,612. The APN we've located for 1040 S Somerset is 141-94-011.
Unlock the full reportTaxes
Tax History
1040 S Somerset has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,612 | Land Value | Improvement Value | Tax Amount $1,670.44 | Change Rate +0.184558% | Assessed CR | Tax Rate +0.100556% |
| Year 2024 | Assessed Value $15,821 | Land Value | Improvement Value | Tax Amount $1,410.18 | Change Rate -0.011108% | Assessed CR | Tax Rate +0.089133% |
| Year 2023 | Assessed Value $29,180 | Land Value $5,830 | Improvement Value $23,350 | Tax Amount $1,426.02 | Change Rate +0.022002% | Assessed CR | Tax Rate +0.04887% |
| Year 2022 | Assessed Value $21,580 | Land Value $4,310 | Improvement Value $17,270 | Tax Amount $1,395.32 | Change Rate -0.022913% | Assessed CR | Tax Rate +0.064658% |
| Year 2021 | Assessed Value $21,230 | Land Value $4,240 | Improvement Value $16,990 | Tax Amount $1,428.04 | Change Rate +0.013974% | Assessed CR | Tax Rate +0.067265% |
| Year 2020 | Assessed Value $18,900 | Land Value $3,780 | Improvement Value $15,120 | Tax Amount $1,408.36 | Change Rate +0.077717% | Assessed CR | Tax Rate +0.074516% |
| Year 2019 | Assessed Value $15,970 | Land Value $3,190 | Improvement Value $12,780 | Tax Amount $1,306.8 | Change Rate +0.048241% | Assessed CR | Tax Rate +0.081828% |
| Year 2018 | Assessed Value $14,810 | Land Value $2,960 | Improvement Value $11,850 | Tax Amount $1,246.66 | Change Rate +0.031747% | Assessed CR | Tax Rate +0.084177% |
| Year 2017 | Assessed Value $14,670 | Land Value $2,930 | Improvement Value $11,740 | Tax Amount $1,208.3 | Change Rate +0.018751% | Assessed CR | Tax Rate +0.082365% |
| Year 2016 | Assessed Value $14,020 | Land Value $2,800 | Improvement Value $11,220 | Tax Amount $1,186.06 | Change Rate +0.060535% | Assessed CR | Tax Rate +0.084598% |
| Year 2015 | Assessed Value $13,100 | Land Value $2,620 | Improvement Value $10,480 | Tax Amount $1,118.36 | Change Rate +0.028434% | Assessed CR | Tax Rate +0.085371% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,087.44 | Change Rate | Assessed CR | Tax Rate |