R
Seller's Agent in 2022
Royce Munroe
Munroe Multifamily
(480) 221-5449
2 in this area
34 Total Sales
1011 E Orange St Tempe, AZ 85281
Downtown Tempe Neighborhood
58
Beds
--
Bath
1,234
Sq Ft
1963
Built
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
About This Home
As of October 2022Welcome to Park Terrace Apartments. Just minutes from ASU Tempe Campus! Fully Renovated homes in the Heart of Tempe! Close proximity to light rail and Tempe Market Place! Beautifully landscaped courtyards, these homes feature; Vinyl Flooring Throughout, Stainless Steel Appliances & In-Unit Washer / Dryer. Come see the difference with our Premium lighting, White Subway Tiled Bathrooms and luxurious outdoor spaces that include Community Courtyards and Picnic Areas. Live the Tempe life full of energy and near shopping and dining at Park Terrace.
Last Agent to Sell the Property
Munroe Multifamily License #BR512795000 Listed on: 08/04/2022
Last Buyer's Agent
Royce Munroe
ABI Multifamily License #BR512795000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,654
Year Built
- Built in 1963
Home Design
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 2 Open Parking Spaces
- 45 Parking Spaces
- 43 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot unknown
- Assessor Parcel Number 132-73-158-B
Community Details
Overview
- 4 Buildings
- 40 Units
- Building Dimensions are unknown
- Terrace Park 1 Subdivision
Building Details
- Operating Expense $27,654
- Gross Income $724,063
- Net Operating Income $545,236
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2023 03/15/23 | Price Changed | $1,450 | -12.1% | $3 / Sq Ft | |
| 01/05/2023 01/05/23 | Price Changed | $1,650 | 0.0% | $4 / Sq Ft | |
| 10/14/2022 10/14/22 | Sold | $9,000,000 | 0.0% | $7,293 / Sq Ft | |
| 08/19/2022 08/19/22 | Price Changed | $1,350 | 0.0% | $3 / Sq Ft | |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- | |
| 08/03/2022 08/03/22 | For Sale | $9,250,000 | 0.0% | $7,496 / Sq Ft | |
| 07/21/2022 07/21/22 | Price Changed | $1,250 | -7.4% | $3 / Sq Ft | |
| 06/07/2022 06/07/22 | For Rent | $1,350 | 0.0% | -- | |
| 05/27/2022 05/27/22 | Price Changed | $1,350 | -3.6% | $3 / Sq Ft | |
| 05/18/2022 05/18/22 | For Rent | $1,400 | 0.0% | -- | |
| 04/30/2021 04/30/21 | Sold | $6,400,000 | -5.9% | $5,186 / Sq Ft | View Prior Sale |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- | |
| 10/08/2020 10/08/20 | For Sale | $6,800,000 | -- | $5,511 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $31,010 | $258,717 | -- | -- |
| 2024 | $28,632 | $246,398 | -- | -- |
| 2023 | $28,632 | $549,420 | $109,880 | $439,540 |
| 2022 | $27,464 | $507,320 | $101,460 | $405,860 |
| 2021 | $27,654 | $483,050 | $96,610 | $386,440 |
| 2020 | $26,815 | $333,910 | $66,780 | $267,130 |
| 2019 | $26,306 | $292,500 | $58,500 | $234,000 |
| 2018 | $25,653 | $246,700 | $49,340 | $197,360 |
| 2017 | $24,889 | $227,900 | $45,580 | $182,320 |
| 2016 | $24,714 | $196,660 | $39,330 | $157,330 |
Source: Public Records
Agents Affiliated with this Home
-
Royce Munroe
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6444558
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.
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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