$1,325,500
- Studio
- 35,231 sqft (on 0.81 acres)
8540 E McDowell Rd, Mesa, AZ 85207
Est. Refi. Payment $7,798/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 12, 2021 for $197,000
Home Value
Trulia Estimate
$1.33MSince last month
Increased$134K (+11.2%)Since last year
Increased$102K (+8.3%)Since last sale
Increased$1M (+572.8%)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 +161% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.33M |
| August 2026 | $1.19M |
| July 2026 | $1.21M |
| June 2026 | $1.31M |
| May 2026 | $1.26M |
| April 2026 | $1.34M |
| March 2026 | $1.64M |
| February 2026 | $1.3M |
| January 2026 | $1.63M |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $1,585,000 | 07/28/26 | 6 | 5.5 | 7,111 | |
0.12 | Single-Family Home | $1,210,000 | 06/03/26 | 3 | 2.5 | 3,253 | |
0.18 | Single-Family Home | $1,095,000 | 03/11/26 | 3 | 3.5 | 4,088 | |
0.23 | Single-Family Home | $925,000 | 07/28/26 | 3 | 3 | 4,152 | |
0.16 | Single-Family Home | $871,000 | 11/20/25 | 4 | 2.5 | 2,780 | |
0.33 | Single-Family Home | $1,100,000 | 02/16/26 | 4 | 4.5 | 4,218 | |
0.39 | Single-Family Home | $555,000 | 06/26/26 | 4 | 2 | 2,325 | |
0.29 | Single-Family Home | $1,325,000 | 11/20/25 | 5 | 3.5 | 3,940 | |
0.46 | Single-Family Home | $755,000 | 01/23/26 | 3 | 2 | 2,294 | |
0.53 | Single-Family Home | $465,000 | 06/26/26 | 3 | 2,577 |
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 |
|---|---|---|---|---|---|---|
0.08 | - | - | - | - | Off Market | |
0.07 | $1,239,500 | 5 | 4 | 4,591 | Off Market | |
0.12 | $1,210,000 | 3 | 2.5 | 3,253 | Recently Sold | |
0.15 | $1,075,000 | 4 | 2.5 | 3,221 | For Sale | |
0.16 | $861,000 | 4 | 2.5 | 2,780 | Off Market | |
0.17 | $896,900 | 3 | 2.5 | 2,651 | Off Market | |
0.13 | $1,585,000 | 6 | 5.5 | 7,111 | Recently Sold | |
0.20 | $941,800 | 4 | 3 | 2,651 | Off Market | |
0.20 | $1,116,400 | 5 | 4 | 3,184 | Off Market | |
0.18 | $1,095,000 | 3 | 3.5 | 4,088 | Recently Sold | |
0.25 | $1,149,000 | 4 | 3 | 2,780 | For Sale | |
0.22 | $1,108,600 | 6 | 5 | 3,782 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1994
0.81 acre lot
35,231 sqft
$38/sqft
Garage
About this House
What's unique:Huge loftSeparate split systemSpiral staircasePrivate gated communityFire tableLarge balcony
What a great time to build your dream home. Well priced lot with amazing mountain and city light views. Prime lot that is almost an acre in size. Thunder Mountain is an exclusive gated community with less than 100 custom luxury home lots. It features lighted tennis and volleyball courts as well as picnic ramadas.
8540 E McDowell Rd, Mesa, AZ 85207 is a studio, 35,231 sqft single-family home in Thunder Mountain, built in 1994. It last sold for $197,000 on Apr 12, 2021. More recently, it was listed as a rental in October 2023 with an asking price of $7,000 per month. That rental listing was removed on October 28, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,325,500.
Home Details for 8540 E McDowell Rd
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 8 |
Heating & Cooling Air ConditioningCooling System: Refrigerator |
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Exterior Home Features Roof: OtherExterior: WoodPatio |
Pool Pool |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.81 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 28, 2023 Source: Zillow Rentals | ListingRemoved | |
Oct 28, 2023 Source: Zillow Rentals | PriceChange | $6,500 Price decreased by 7% |
Oct 15, 2023 Source: Zillow Rentals | Listed For Rent | $7,000 |
Apr 12, 2021 Source: HomeSmart Intl Solds #6114472_85207 | Sold | $197,000 |
Jun 10, 2016 Source: ARMLS #5381392 | Sold | $500,000 |
Apr 15, 2012 Source: Agent Provided | ListingRemoved | $175,000 |
Jan 15, 2012 Source: Agent Provided | Listed For Sale | $175,000 |
Nov 5, 2011 Source: Agent Provided | ListingRemoved | $225,000 |
May 27, 2011 Source: Agent Provided | Listed For Sale | $225,000 |
Jun 14, 2010 Source: ARMLS #4323056 | Sold | $410,000 |
Jan 23, 2010 Source: Agent Provided | Listed For Sale | $249,000 |
Dec 12, 2008 Source: Agent Provided | ListingRemoved | $325,000 |
Aug 30, 2008 Source: Agent Provided | PriceChange | $325,000 Price decreased by 17% |
Feb 19, 2008 Source: Agent Provided | Listed For Sale | $390,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,200 | $861,600 |
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
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 8540 E McDowell Rd
- What is 8540 E McDowell Rd estimated to be worth?Trulia's estimated value for 8540 E McDowell Rd in Mesa, AZ is $1,325,500.
- What is the price history for 8540 E McDowell Rd?8540 E McDowell Rd in Mesa, AZ last sold for $197,000 in April 2021.
- 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 8540 E McDowell Rd have air conditioning?Yes, 8540 E McDowell Rd in Mesa, AZ has air conditioning.
- Does 8540 E McDowell Rd have a pool?Yes, 8540 E McDowell Rd in Mesa, AZ has a pool.

