$664,200
- 8 Beds
- 4 Baths
- 3,000 sqft
508 S OLIVE --, Mesa, AZ 85204
Est. Refi. Payment $3,851/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 5, 2025 for $675,000
Home Value
Trulia Estimate
$664KSince last month
Decreased$14K (-2.1%)Since last year
Decreased$8K (-1.1%)Since last sale
Decreased$8K (-1.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +199% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $667K |
| August 2026 | $681K |
| July 2026 | $675K |
| June 2026 | $672K |
| May 2026 | $671K |
| April 2026 | $666K |
| March 2026 | $669K |
| February 2026 | $674K |
| January 2026 | $674K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $680,000 | 07/31/26 | 6 | 4 | 2,100 | |
0.14 | Multi-Family Home | $715,000 | 06/16/26 | 6 | 4 | 2,100 | |
0.15 | Multi-Family Home | $702,500 | 09/02/26 | 6 | 4 | 2,100 | |
0.26 | Multi-Family Home | $830,000 | 11/10/25 | 8 | 4 | 3,700 | |
0.15 | Multi-Family Home | $580,000 | 12/03/25 | 4 | 4 | 2,080 | |
0.17 | Multi-Family Home | $510,000 | 02/12/26 | 6 | 6 | 2,367 | |
0.16 | Multi-Family Home | $525,000 | 10/15/25 | 4 | 4 | 2,080 | |
0.63 | Multi-Family Home | $624,575 | 10/17/25 | 4 | 4 | 2,600 | |
0.24 | Multi-Family Home | $430,000 | 12/12/25 | 3 | 2 | 1,714 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $660,200 | 8 | 1 | 4,000 | Off Market | |
0.13 | $413,900 | 3 | 2 | 1,604 | Off Market | |
0.16 | $463,800 | 4 | 2 | 1,600 | Off Market | |
0.16 | $461,200 | 4 | 2 | 1,754 | Off Market | |
0.17 | $510,000 | 6 | 6 | 2,367 | Recently Sold | |
0.14 | $715,000 | 6 | 4 | 2,100 | Recently Sold | |
0.11 | $698,400 | 8 | 4 | 3,120 | Off Market | |
0.14 | $680,000 | 6 | 4 | 2,100 | Recently Sold | |
0.15 | $409,700 | 4 | 3 | 1,452 | Off Market | |
0.15 | $702,500 | 6 | 4 | 2,100 | Recently Sold | |
0.15 | $580,000 | 4 | 4 | 2,080 | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1980
3,000 sqft
$221/sqft
6 Open Spaces
About this House
What's unique:Paved parking lotNew roof
NEW ROOF! Completed 9/2025! 4-plex near light rail and upgraded Temple District. Long term tenants and easy to rent. Currently under professional property management, renters have been there for the last 6+ years, all units occupied. Rents are below market value. No HOA. Paved parking lot. Property could work for an owner-occupant.
508 S OLIVE --, Mesa, AZ 85204 is a 8 bedroom, 4 bathroom, 3,000 sqft multi-family built in 1980. It last sold for $675,000 on Nov 5, 2025 (3% below the $699,000 asking price). More recently, it was listed as a rental in January 2017 with an asking price of $725 per month. That rental listing was removed on March 2, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $664,200, with a rent estimate of $1,706/month.
Last check for updates: about 9 hours ago
Listed by Laurel Driggs, (480) 440-5948
eXp Realty
Bought with: Kevin McGowin, (480) 400-2920, Go Win Property Management
Source: ARMLS, MLS#6880361

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 508 S OLIVE --
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3000 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Gas & Electric Electric: City ElectricHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Ceramic Tile |
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Exterior Home Features Roof: CompositionExterior: Sidewalk(s) |
Parking & Garage Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Paved,>1 Space Per Unit |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 110 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 13923076B |
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Price List Price: $699,000 |
Status Change & Dates Off Market Date: Tue Oct 07 2025 |
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MLS Status: Closed |
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Direction & Address City: Mesa |
School Information Elementary School District: Mesa Unified DistrictHigh School District: Mesa Unified District |
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Building Area Building Area: 3000 Square Feet |
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Community Features: No Pool |
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Listing Terms: No Carry, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer |
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Mls Number: 6880361 |
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No Pool |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 5, 2025 Source: ARMLS #6880361 | Sold | $675,000 |
Oct 7, 2025 Source: ARMLS #6880361 | Pending | $699,000 |
Jun 20, 2025 Source: ARMLS #6880361 | Listed For Sale | $699,000 |
Sep 30, 2019 Source: ARMLS #5969325 | Sold | $370,000 |
Aug 24, 2019 Source: Agent Provided | Listed For Sale | $385,000 |
Mar 2, 2017 Source: N/A | ListingRemoved | $725 |
Jan 31, 2017 Source: N/A | Listed For Rent | $725 |
Apr 5, 2011 Source: N/A | Sold | $81,200 |
Jan 16, 2003 Source: N/A | Sold | $205,000 |
Aug 14, 2000 Source: N/A | Sold | $173,000 |
Sep 22, 1999 Source: N/A | Sold | $163,000 |
Nov 21, 1995 Source: N/A | Sold | $95,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,394 | $597,300 |
Home facts updated by county records
Market trends in Mesa
Last updated August 2026
Avg. sale price
$425K
$1.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$255
$0MoM
Available listings
1859
8MoM
Around this home
What Locals Say about Mesa
At least 3347 Trulia users voted on each feature.
87 % Say it's dog friendly
85 % Say there are sidewalks
85 % Say car is needed
78 % Say parking is easy
74 % Say there's holiday spirit
70 % Say yards are well-kept
69 % Say streets are well-lit
65 % Say kids play outside
63 % Say it's quiet
63 % Say people would walk alone at night
58 % Say it's walkable to grocery stores
52 % Say it's walkable to restaurants
46 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
31 % Say there's wildlife
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 508 S OLIVE --
- What is 508 S OLIVE -- estimated to be worth?Trulia's estimated value for 508 S OLIVE -- in Mesa, AZ is $664,200.
- What is the price history for 508 S OLIVE --?508 S OLIVE -- in Mesa, AZ last sold for $675,000 in November 2025.
- Is Mesa a buyer's or seller's market?Mesa is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Mesa?The median sale price in Mesa is $425K. That is down $1.67K from the prior month.
- Does 508 S OLIVE -- have air conditioning?Yes, 508 S OLIVE -- in Mesa, AZ has air conditioning.
- Does 508 S OLIVE -- have parking?Yes, 508 S OLIVE -- in Mesa, AZ has on-site parking.

