1506 Banning
Mesa, AZ 85205
3 bd 3 ba 2,254 sqft Built 2016 Lot 3,164 sqft single_family
Most recent sale
$514,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $514,000 | MLS #6414437 |
| Jul 3, 2022 | Price changed | $539,000 | MLS #6414437 |
| Jun 28, 2022 | Price changed | $549,000 | MLS #6414437 |
| Jun 9, 2022 | Listed | $549,900 | MLS #6414437 |
| Oct 25, 2017 | Sold | $279,990 | Public Record |
| Sep 10, 2017 | Listing removed | $279,990 | ArizonaRegionalMLS |
| Sep 6, 2017 | Relisted | $283,269 | MLS #5580154 |
| Aug 11, 2017 | Listing removed | $284,990 | ArizonaRegionalMLS |
| Jul 22, 2017 | Price changed | $284,990 | MLS #5580154 |
| Jun 9, 2017 | Price changed | $286,990 | MLS #5580154 |
| May 4, 2017 | Price changed | $287,449 | MLS #5580154 |
| Apr 18, 2017 | Price changed | $287,219 | MLS #5580154 |
| Apr 5, 2017 | Price changed | $286,794 | MLS #5580154 |
| Mar 24, 2017 | Listed | $274,990 | MLS #5580154 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $22,820 | $5,700 | $28,520 | $1,987 |
| 2021 | $21,240 | $5,310 | $26,550 | $2,042 |
| 2020 | $20,320 | $5,080 | $25,400 | $2,014 |
| 2019 | $18,840 | $4,710 | $23,550 | $1,866 |
| 2018 | $18,850 | $4,710 | $23,560 | $1,781 |
| 2017 | — | $3,915 | $3,915 | $293 |
| 2016 | — | $3,345 | $3,345 | $287 |
Property facts
Year built
2016
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,254 sqft
Lot size
3,164 sqft
ZIP code
85205
City
Mesa
Street
Banning
Coordinates
33.44299, -111.72120
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,494
Gross rental yield
8.16%
Implied cap rate
5.30%
Trend-extrapolated value
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Frequently asked questions
When did 1506 Banning last sell?
1506 Banning most recently sold on Aug 3, 2022 for $514,000.
What is the current tax assessment for 1506 Banning?
The most recent total assessment for 1506 Banning (year 2022) is $28,520 with $1,987 in property tax.
How does 1506 Banning's assessment compare to its last sale price?
The current assessment is 94.5% below the last sale price of $514,000.
When was 1506 Banning built?
1506 Banning was built in 2016.
How does 1506 Banning compare to others on Banning?
We track 8 other properties on Banning. Browse the list under "Other properties on Banning" to compare beds, baths, and sale history.
What are the property facts for 1506 Banning?
1506 Banning is a 3 bed, 3 bath, 2,254 sqft, 3,164 sqft lot single_family.
Is 1506 Banning a flip candidate?
No — 1506 Banning does not appear in our flips dataset.
Is 1506 Banning a tax-appeal candidate?
No — 1506 Banning is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.6%
2026 Q3
$529.2K
2026 Q4
$542.2K
ZIP 85205 — Median Price History + Forecast
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