NOT LISTED FOR SALE

1012 S Dorsey Ln Tempe, AZ 85281

Downtown Tempe Neighborhood
8 Beds
4 Baths
700 Sq Ft
1961 Built

Last Sold May 05, 2022

Last sale price $975,000 $1,393 Per Sq Ft

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • 4-minute walk to Dorsey Ln/Apache Blvd

About This Home

As of May 2022

Tempe 4 plex. 4 two bedroom one bath apartment homes. Each unit has a private fenced in backyard. 1 story garden style complex. No HOA. Red Brick construction. Plenty of open parking. ASU- orbit- lightrail- tempe marketplace all next to property. All 4 units are currently rented. This property has potential for upgrades-and rent increases! Please do not disturb residents.

Last Agent to Sell the Property

Diana Creason

Sundial Real Estate License #BR527228000 Listed on: 04/16/2022

Last Buyer's Agent

Diana Creason

Sundial Real Estate License #BR527228000 Listed on: 04/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1961

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 132-73-141

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are see details
  • Mariana Park 1 Subdivision

Building Details

  • Operating Expense $1,790
  • Gross Income $53,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,790

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: McClintock & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2021
  • Directions: McClintock & University - West on University to light- Dorsey. South on Dorsey - Property is on West side of street. 1012 & 1014 S. Dorsey.
  • Road Surface Type: Dirt, Alley
  • Subdivision Name: Mariana PARK 1
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Brick
  • Roof: Composition

Garage/Parking

  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size: see details
  • Additional Parcels: No
  • Parcel #: 132-73-141

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 53580.0
  • Annual Operating Expense: 1790.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1790.0
  • Tax Book Number: 132.00
  • Tax Lot: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $975,000 +8.9% $1,393 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $895,000 -- $1,279 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diana Creason

    Sundial Real Estate

    (480) 966-2170

    1 in this area

    12 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6384929

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Downtown Tempe

1012 S Dorsey Ln, Tempe, AZ

This home is located at 1012 S Dorsey Ln, Tempe, AZ 85281 since 16 April 2022. This property was built in 1961. 1012 S Dorsey Ln 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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