507 Racine
Mesa, AZ 85206
2 bd 2 ba 1,513 sqft Built 1976 Lot 6,292 sqft single_family
Most recent sale
$365,000
May 7, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2024 | Sold | $365,000 | ArizonaRegionalMLS |
| Jul 26, 2001 | Sold | $92,500 | Public Record |
| Aug 25, 1999 | Sold | $102,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $13,970 | $3,490 | $17,460 | $1,338 |
| 2020 | $12,740 | $3,180 | $15,920 | $920 |
| 2019 | $11,610 | $2,900 | $14,510 | $842 |
| 2018 | $10,760 | $2,690 | $13,450 | $791 |
| 2017 | $10,030 | $2,500 | $12,530 | $753 |
| 2016 | $9,520 | $2,380 | $11,900 | $725 |
| 2015 | $8,550 | $2,130 | $10,680 | $667 |
| 2014 | $7,580 | $1,890 | $9,470 | $629 |
| 2012 | $6,790 | $1,690 | $8,480 | $523 |
| 2011 | $7,120 | $1,780 | $8,900 | $626 |
| 2009 | $11,110 | $2,770 | $13,880 | $893 |
| 2008 | $12,560 | $3,140 | $15,700 | $808 |
| 2007 | $10,800 | $2,700 | $13,500 | $764 |
Property facts
Year built
1976
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,513 sqft
Lot size
6,292 sqft
ZIP code
85206
City
Mesa
Street
Racine
Coordinates
33.40633, -111.72442
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,345
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value
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Frequently asked questions
When did 507 Racine last sell?
507 Racine most recently sold on May 7, 2024 for $365,000.
What is the current tax assessment for 507 Racine?
The most recent total assessment for 507 Racine (year 2022) is $17,460 with $1,338 in property tax.
How does 507 Racine's assessment compare to its last sale price?
The current assessment is 95.2% below the last sale price of $365,000.
When was 507 Racine built?
507 Racine was built in 1976.
How does 507 Racine compare to others on Racine?
We track 8 other properties on Racine. Browse the list under "Other properties on Racine" to compare beds, baths, and sale history.
What are the property facts for 507 Racine?
507 Racine is a 2 bed, 2 bath, 1,513 sqft, 6,292 sqft lot single_family.
Is 507 Racine a flip candidate?
No — 507 Racine does not appear in our flips dataset.
Is 507 Racine a tax-appeal candidate?
No — 507 Racine is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+14.9%
Implied 1-yr
+59.6%
2026 Q3
$1.27M
2026 Q4
$1.36M
ZIP 85206 — Median Price History + Forecast
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