Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 05/30/2023

5825 E University Dr, Mesa, AZ 85205

  • $5,880,000

    Last sold 05/30/2023 after 197 Days

  • 42

    bed

  • 28

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 5825 E University Dr

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Overview
Cooling/AC Electric, Individual
Heating Floor Furnace, Wall Furnace
MLS # 6489483
Type Multiple Dwellings
Status Closed
Property Tax 10236
Year Built 1983
Interior
Flooring Concrete
Appliances Built-In Range
Exterior
Roof Foam
Construction Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 12
# of Covered Spaces 32
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-49-006-K
Zoning R-3
Multifamily Details
Total # of Units 28
Expense: Operating 120101
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 19208
Vacancy Allowance 0.05
Expense: Insurance 4390
Net Operating Income 366772
Gross Income 490658.85
Expense: Electric 24460
Expense: Other 19457
Expense: Professional Management 19491
Gross Scheduled Income 486684
Expense: Gardener 7000
We are not permitted to show value estimates for this property.
  • May 2023
    mls logo MLS # 6489483
  • May 30, 2023 Sold
    $5,880,000 (-10.2%)
  • Jan 5, 2023 Price Change
    $6,550,000 (-4.4%)
  • Nov 15, 2022 Listed
    $6,850,000 (+185.4%)
  • May 2021
    mls logo MLS # 6185528
  • May 3, 2021 Sold
    —
  • Apr 15, 2021 Pending
    —
  • Apr 14, 2021 Sold
    $2,400,000
  • Mar 11, 2021 Pending
    —
  • Jan 25, 2021 Listed
    $2,400,000
  • Year Property taxes Tax assessment
  • 2024
    $1,809 -1.3%
    $35,250 -12.57%
  • 2023
    $1,833 +2.5%
    $40,320 -9.94%
  • 2022
    $1,789 +0.2%
    $44,770 +35.38%
  • 2021
    $1,785 +0.8%
    $33,070 +17.6%
  • 2020
    $1,771 +7.9%
    $28,120 +8.53%
  • 2019
    $1,641 +2.5%
    $25,910 +20.91%
  • 2018
    $1,601 +3.6%
    $21,430 +3.88%
  • 2017
    $1,545 +2.1%
    $20,630 -1.39%
  • 2016
    $1,513 +7.0%
    $20,920
  • 2015
    $1,413
    —
  • 5825 E University Dr
    $5.88M
  • East Mesa
    $499K
  • 85205
    $415K +1% y/y
  • Mesa
    $490K -1% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
4/10
O'Connor Elementary School
public Grades PK, K-6
Mesa Unified School District
10/10
Franklin at Brimhall Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
4/10
Shepherd Junior High School
public Grades 4-8
Mesa Unified School District
7/10
Red Mountain High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around East Mesa

Explore everything this neighborhood has to offer.
View homes for sale in 85205, AZ
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Mesa, AZ

Nearby homes for sale in Mesa, AZ

Newest listings in 85205

  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85205
  • 5825 E University Dr
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.