NOT LISTED FOR SALE

1012 E Weber Dr Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $533,567 - $582,000

4 Beds
-- Bath
1,771 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $315,000 $178 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,034/month

14 Days on Market

Highlights

  • Community Barbecue Grill
  • Central Air
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of June 2016

VERY RARE Custom Built Duplex in Tempe Minutes from ASU! Two 2/2 units that earn premium rents of $1250 per side for a total of $2500 a month in rental income. Lush green side yard with mature mesquite trees and tranquil patio area. Everything fully permitted and custom built by the owner. 2X6 construction, dual pane windows, R38 insulation,etc. Property exterior has large healthy trees for shade, irrigation and lighting systems are automated and each unit has private washer/dryer and storage sheds for each unit. Each unit has personal security systems with video monitoring. This place is a turn key investment proeprty in an absolute PRIME location with an abundance of renters looking for housing. Serious investors only. All cash purchasers or buyers with minimum of 40% down please.

Last Agent to Sell the Property

Kevin Langan

eXp Realty License #SA632130000 Listed on: 05/02/2016

Last Buyer's Agent

Kirsten Snyder

Realty ONE Group License #SA534985000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 2002

Lot Details

  • 7,579

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 132-11-011

Community Details

Overview

  • 2 Units
  • Building Dimensions are 117 X 65
  • Powell Place Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $4,411
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,061

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Scottsdale & Weber Dr.
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2015
  • Road Surface Type: Concrete
  • Subdivision Name: POWELL PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per 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
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Lot Size: 117 X 65
  • Additional Parcels: No
  • Parcel #: 132-11-011

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Insurance Expense: 950.0
  • Annual Operating Expense: 4411.0

Tax Info

  • Tax Annual Amount: 1061.0
  • Tax Book Number: 132.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2006
Sold by
Stanford David and Stanford Joanna
Bought by
Laine Richard Allen and Laine Barabra Elizabeth
Current Estimated Value
$556,892

Purchase Details

Closed on
Mar 12, 1998
Sold by
Priel Marilyn L and Chamberlain Dorothy F
Bought by
Stanford David and Stanford Joanna

Purchase Details

Closed on
Apr 10, 1997
Sold by
Chamberlain Dorothy F and Priel Marilyn L
Bought by
The Dorothy F Chamberlain Trust

Purchase Details

Closed on
Mar 1, 1996
Sold by
Hawkins Bernice
Bought by
Chamberlain Dorothy F and Priel Marilyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laine Richard Allen $315,000 Security Title Agency Inc
Stanford David $23,000 Transnation Title Insurance
The Dorothy F Chamberlain Trust -- --
Chamberlain Dorothy F -- --
Hawkins Bernice -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $315,000 -4.5% $178 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $330,000 -- $186 / 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 $1,386 $11,562 -- --
2024 $1,280 $11,011 -- --
2023 $1,280 $36,310 $7,260 $29,050
2022 $1,227 $30,930 $6,180 $24,750
2021 $1,236 $31,010 $6,200 $24,810
2020 $1,198 $24,730 $4,940 $19,790
2019 $1,176 $20,730 $4,140 $16,590
2018 $1,146 $17,760 $3,550 $14,210
2017 $1,112 $15,130 $3,020 $12,110
2016 $1,104 $12,670 $2,530 $10,140
2015 $1,061 $9,060 $1,810 $7,250
Source: Public Records

Agents Affiliated with this Home

  • Kevin Langan

    Seller's Agent in 2016

    Kevin Langan

    eXp Realty

    (480) 351-4900

    1 in this area

    51 Total Sales

    Kevin Langan
    Section Image

  • K

    Buyer's Agent in 2016

    Kirsten Snyder

    Realty One Group

    (602) 505-0860

    10 Total Sales

    Kirsten Snyder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5437050

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-11-011

Arizona Maricopa County Tempe 85281 North Tempe

1012 E Weber Dr, Tempe, AZ

Not Listed for Sale

MultiFamily

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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