NOT LISTED FOR SALE

1007 S Mariana St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $807,198 - $968,000

-- Bed
-- Bath
1,620 Sq Ft
$533/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $475,000 $293 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,852/month

97 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of June 2018

This brick, garden-style building was just torn down to the studs & completely renovated in 2018 opening up the floorplan then finished with premium finishes. A+ Tempe location, walking distance to ASU & the light rail! Renovation for ALL units include all brand new electrical panels, electric wiring, receptacles/ switches, new roof, all new HVAC systems, new energy efficient dual pane windows, front doors plus security doors, stainless steel appliances, white shaker cabinets, quartz countertops, wood-look tile floors, bathtubs, tile surround, ceiling fans, lighting interior and exterior, plumbing fixtures, hot water tank and more! Renovation was completed by a licensed contractor & permitted by the city of Tempe.

Last Agent to Sell the Property

Joshua Roubal

Dwellings Realty Group License #SA555438000 Listed on: 02/06/2018

Co-Listed By

Steven Rundle

Dwellings Realty Group License #BR536790000

Last Buyer's Agent

Chad Vice

HomeSmart License #SA551681000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1962

Lot Details

  • 7,928

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Broadmor Elementary School
  • Mcclintock High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 132-73-160

Community Details

Overview

  • 4 Units
  • Building Dimensions are 118*66
  • Mariana Park Subdivision

Building Details

  • Operating Expense $7,581
  • Gross Income $38,160
  • Net Operating Income $30,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Rural & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: From University Dr, South on Dorsey Ln, West on Orange St, South on Mariana St.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2520.0
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Subdivision Name: MARIANA PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 360.0
  • Annual Water Sewer Expense: 2050.0

Schools

  • Elementary School: Broadmor Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 118*66
  • Additional Parcels: No
  • Parcel #: 132-73-160

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 38160.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 30579.0
  • Annual Operating Expense: 7581.0

Tax Info

  • Tax Annual Amount: 1001.0
  • Tax Book Number: 132.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Cornell Investment Properties Llc
Bought by
Cornell John M
Current Estimated Value
$868,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,400
Outstanding Balance
$302,838
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$572,722

Purchase Details

Closed on
Sep 14, 2018
Sold by
Cornell John
Bought by
Cornell Investment Properties Llc

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jun 22, 2018
Sold by
Invesource Llc
Bought by
Cornell John
Seller's Agent
Joshua Roubal
Dwellings Realty Group
Buyer's Agent
Chad Vice
HomeSmart
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$333,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Lee Jeffrey T and Lee Pearl G
Bought by
Lsgm1007 Llc

Purchase Details

Closed on
Jan 14, 2009
Sold by
U S Bank National Association
Bought by
Lee Jeffrey T and Lee Pearl G

Purchase Details

Closed on
Apr 25, 2008
Sold by
Taryle Warren and Taryle Diana
Bought by
U S Bank Na and Csmc Mortgabe Backed Pass Through Certif

Purchase Details

Closed on
Feb 13, 2007
Sold by
Taryle Warren and Taryle Diana
Bought by
Campus Towers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Riverbench Management Llc
Bought by
Taryle Warren and Taryle Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Fidel Michael and Fidel Chieko
Bought by
Riverbench Management Llc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Islington Investments Llc
Bought by
Cheiko Fidel Michael and Cheiko Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
1.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cornell John M -- Security Title Agency Inc
Cornell Investment Properties Llc -- None Available
Cornell John $475,000 Arizona Premier Title
Lsgm1007 Llc -- None Available
Lee Jeffrey T $161,000 Security Title Agency
U S Bank Na $247,170 None Available
Campus Towers Llc -- Tsa Title Agency
Taryle Warren $389,000 Tsa Title Agency
Riverbench Management Llc $309,000 --
Cheiko Fidel Michael $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornell John M $339,400
Previous Owner Cornell John $333,750
Previous Owner Taryle Warren $311,200
Previous Owner Taryle Warren $58,300
Previous Owner Cheiko Fidel Michael $247,200
Closed Cheiko Fidel Michael $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $475,000 0.0% $293 / Sq Ft
02/06/2018 02/06/18 For Sale $475,000 +59.7% $293 / Sq Ft
09/07/2017 09/07/17 Sold $297,500 -6.7% $184 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $319,000 0.0% $197 / Sq Ft
08/22/2017 08/22/17 Price Changed $319,000 0.0% $197 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $319,000 -- $197 / 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 $1,165 $10,401 -- --
2024 $1,151 $9,906 -- --
2023 $1,151 $54,020 $10,800 $43,220
2022 $1,104 $42,080 $8,410 $33,670
2021 $1,112 $34,980 $6,990 $27,990
2020 $1,078 $28,760 $5,750 $23,010
2019 $1,058 $21,980 $4,390 $17,590
2018 $1,031 $16,300 $3,260 $13,040
2017 $1,001 $15,400 $3,080 $12,320
2016 $994 $14,060 $2,810 $11,250
2015 $954 $13,980 $2,790 $11,190
Source: Public Records

Agents Affiliated with this Home

  • Joshua Roubal

    Seller's Agent in 2018

    Joshua Roubal

    Dwellings Realty Group

    (480) 251-1765

    133 Total Sales

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  • Steven Rundle

    Seller Co-Listing Agent in 2018

    Steven Rundle

    Dwellings Realty Group

    (480) 629-8136

    29 Total Sales

    Section Image
  • Chad Vice

    Buyer's Agent in 2018

    Chad Vice

    HomeSmart

    (480) 476-3388

    42 Total Sales

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  • Andrew Engel

    Seller's Agent in 2017

    Andrew Engel

    Invitation Homes

    (480) 299-3838

    24 Total Sales

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  • Robert Dishman

    Seller Co-Listing Agent in 2017

    Robert Dishman

    Ownit Realty

    (480) 217-9507

    1 in this area

    20 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5719543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-160

Arizona Maricopa County Tempe 85281 Downtown Tempe

1007 S Mariana St, Tempe, AZ

This home is located at 1007 S Mariana St, Tempe, AZ 85281 since 06 February 2018 and is currently estimated at $863,050, approximately $532 per square foot. This property was built in 1962. 1007 S Mariana St is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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