$399,000
SOLD JAN 6, 2025

1005 E 8th St Unit 1012 Tempe, AZ 85281

Downtown Tempe Neighborhood
4 Beds
2 Baths
1,209 Sq Ft
$285/mo HOA Fee

Recently Sold

$330 Per Sq Ft

About This Home

As of January 2025

Attention investors! Don't miss out on this fantastic 4-bed, 2-bath unit in the desirable University Heights area, with the current lease extending until June 30, 2025. This well-maintained property features an updated open kitchen, boasting ample counter space and cabinets. Enjoy comfort year-round with a new AC unit installed in 2018 and the convenience of an in-unit washer and dryer. The living area flows seamlessly to a covered deck. This gated community offers excellent amenities, including a picnic area, grill, pool & spa. Near Arizona State University and minutes away from Tempe Marketplace, known for its vibrant dining, shopping, and entertainment options. Plus easy access to the 101 & 202 freeways. Great property in a prime location a perfect investment opportunity. Don't wait! opportunity for savvy investors looking to secure a property in a prime location. Don't wait!

Last Agent to Sell the Property

Hai Bigelow

Redfin Corporation License #SA559566000 Listed on: 10/15/2024

Redfin Corporation

Last Buyer's Agent

Stacy Hecht

RE/MAX Desert Showcase License #SA688788000

RE/MAX Desert Showcase

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Dec 27, 2024
Sold by
Borie Joel Alain
Bought by
Ojha Preetam and Singh Neha
Seller's Agent
Hai Bigelow
Redfin Corporation
Buyer's Agent
Stacy Hecht
RE/MAX Desert Showcase
List Price
$399,000
Sold Price
$399,000
Total Days on Market
0
Views
3
Current Estimated Value
$397,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,787
Avg. Annual Appreciation
-1.01%
Original Mortgage
$299,250
Outstanding Balance
$298,486
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$98,727

Purchase Details

Closed on
Jun 7, 2021
Sold by
Michelle Ethelbah and Ethelbah Borie Michelle
Bought by
Alain Borie Joel

Purchase Details

Closed on
May 12, 2016
Sold by
Mchenry Rock L and Mchenry Brona A
Bought by
Borie Joel and Borie Michelle

Purchase Details

Closed on
Oct 23, 2012
Sold by
Mchenry Rock L and Mchenry Brona A
Bought by
Mchenry Rock L and Mchenry Brona A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,100
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Mchenry Rock L and Mchenry Brona A
Bought by
The Mchenry Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,751
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Title Forward Agency Of Arizon
Warranty Deed $399,000 Title Forward Agency Of Arizon
Quit Claim Deed -- Title Forward Agency Of Arizon
Interfamily Deed Transfer -- None Available
Cash Sale Deed $190,000 Great Amer Title Agency Inc
Interfamily Deed Transfer -- Lsi Title Agency Inc
Quit Claim Deed -- Chicago Title Insurance Comp
Special Warranty Deed $319,669 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,250 New Conventional
Closed $299,250 New Conventional
Previous Owner $230,100 New Conventional
Previous Owner $239,751 New Conventional
Previous Owner $47,650 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $399,000 0.0% $330 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $399,000 -- $330 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,787 $15,957 -- --
2024 $1,766 $15,197 -- --
2023 $1,766 $30,480 $6,090 $24,390
2022 $1,694 $23,150 $4,630 $18,520
2021 $1,706 $22,100 $4,420 $17,680
2020 $1,654 $20,750 $4,150 $16,600
2019 $1,623 $18,780 $3,750 $15,030
2018 $1,582 $17,320 $3,460 $13,860
2017 $1,535 $15,800 $3,160 $12,640
2016 $1,524 $14,880 $2,970 $11,910
2015 $1,279 $13,130 $2,620 $10,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6770817

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-360