Multi-family opportunity located within a highly sought after Opportunity Zone of Downtown Mesa. Recently rezoned RM-4 and approved for 27 townhomes, a large amount of work has been completed with architect and city. 601-615 West University is an 1.33 acre lot located on hard corner of N. Hosick and N. Date with frontage along University. Located just a block north of Downtown Mesa and the Light Rail, and close to the freeways, ASU campus, shops, and schools. Project sight on 5 combined parcels: 135-58-144, 135-58-140, 135-58-143, 135-58-074, 135-58-081. House on land is unoccupied and is able to be viewed.
Property Details
Property Features
Listing Office:
Office Name: West USA Realty
Office Phone: (602) 942-4200
Listing Agent: Barbara Jacoboski
Lot Features
Lot Information:
Lot Size: 1.33 Acres
School Info
Assigned Schools Information:
Westwood High School, Public District Grades 9-12
Kino Junior High School, Public District Grades 7-8
Franklin At Alma Elementary School, Public District Grades KG-8
Eagleridge Enrichment Program, Public District Grades KG-9
Edison Elementary School, Public District Grades KG-6
Franklin West Elementary School, Public District Grades KG-6
Franklin Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: West of Country Club at University. On south side of road between entire length between North Date and North Hosick.
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,051
Per Month
Principal & Interest
$8,984
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,463
Powered By
Advertisement
NMLS#3030
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
4
/10
Edison Elementary School
545 N Horne
Distance between this listing and this school0.37 miles
Public District Grades KG-6
8
/10
Franklin West Elementary School
236 S Sirrine
Distance between this listing and this school1.10 miles
Public District Grades KG-6
9
/10
Franklin Elementary School
1753 E 8th Ave
Distance between this listing and this school2.05 miles
Public District Grades KG-6
Middle School
2
/10
Kino Junior High School
848 N Horne
Distance between this listing and this school0.66 miles
Public District Grades 7-8
8
/10
Franklin At Alma Elementary School
1313 W Medina Ave
Distance between this listing and this school4.40 miles
Public District Grades KG-8
5
/10
Eagleridge Enrichment Program
737 W Guadalupe Rd
Distance between this listing and this school4.45 miles
Public District Grades KG-9
High School
3
/10
Westwood High School
945 W 8th St
Distance between this listing and this school1.96 miles
Public District Grades 9-12
Assigned Schools
4
/10
Edison Elementary School
545 N Horne
Distance between this listing and this school0.37 miles
Public District Grades KG-6
8
/10
Franklin West Elementary School
236 S Sirrine
Distance between this listing and this school1.10 miles
Public District Grades KG-6
9
/10
Franklin Elementary School
1753 E 8th Ave
Distance between this listing and this school2.05 miles
Public District Grades KG-6
Assigned Schools
2
/10
Kino Junior High School
848 N Horne
Distance between this listing and this school0.66 miles
Public District Grades 7-8
8
/10
Franklin At Alma Elementary School
1313 W Medina Ave
Distance between this listing and this school4.40 miles
Public District Grades KG-8
5
/10
Eagleridge Enrichment Program
737 W Guadalupe Rd
Distance between this listing and this school4.45 miles
Public District Grades KG-9
Assigned Schools
3
/10
Westwood High School
945 W 8th St
Distance between this listing and this school1.96 miles
Public District Grades 9-12
Nearby Schools
7
/10
Heritage Academy
32 S Center St
Distance between this listing and this school0.97 miles
Public Charter Grades 7-12
9
/10
Learning Foundation
851 N Stapley Dr
Distance between this listing and this school0.97 miles
The neighbors living near this home have an average income of $40,969. The majority of Mesa, AZ residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 601 W University Dr Unit 8, 1
What is the listing price of this property?
The listing price of 601 W University Dr Unit 8, 1 property is $1,800,000.
What type of property is this?
The property 601 W University Dr Unit 8, 1 is land located in Mesa, Arizona, 85201.
Is this property for sale now?
Active Listing: 601 W University Dr Unit 8, 1 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 601 W University Dr Unit 8, 1 are: Edison Elementary School: GreatSchools Rating 4/10Franklin West Elementary School: GreatSchools Rating 8/10Franklin Elementary School: GreatSchools Rating 9/10Kino Junior High School: GreatSchools Rating 2/10Franklin At Alma Elementary School: GreatSchools Rating 8/10Eagleridge Enrichment Program: GreatSchools Rating 5/10Westwood High School: GreatSchools Rating 3/10
How much acreage is this property?
The property 601 W University Dr Unit 8, 1 is 1.33 acres.
Interested in 601 W University Dr Unit 8, 1? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 601 W University Dr Unit 8, 1 in Mesa, AZ and zip code 85201. This home sits on a 1.33 acre lot. It has been listed on Rocket Homes since September 18, 2023 and is currently priced at $1,800,000.
Mesa, AZ housing market in March 2024 saw over 91 listings sold above listed price, more than 186 sold at listed price and over 298 sold below. Between February 2024 and March 2024, Mesa, AZ real estate market has seen increase in the number of listings by 5.3%. In March 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $445,239.
From Rocket Homes Real Estate and based on county public records data.
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.
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Foot Locker
Burlington
H&M
Little Caesars
White Castle
Boston Market
Dodge
Kia
Honda
Urban Adult Contemporary
Rhythmic Contemporary Hits
News