Seller's Agent in 2023
Josh Wein
HomeSmart
(480) 432-4771
2 in this area
61 Total Sales
1019 E Tempe Dr Tempe, AZ 85281
North Tempe Neighborhood
6
Beds
6
Baths
448
Sq Ft
1955
Built
Highlights
- Golf Course Community
- Putting Green
- Community Playground
- Heated Spa
- Multiple cooling system units
- Community Barbecue Grill
About This Home
As of September 2023''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.
Co-Listed By
Abby Wein
HomeSmart License #SA678002000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,021
Year Built
- Built in 1955
Home Design
- Block Exterior
- Stone Exterior Construction
Interior Spaces
- Ceiling Fan
- Concrete Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- On-Street Parking
Pool
- Heated Spa
Utilities
- Multiple cooling system units
- Central Air
- Multiple Heating Units
- Heating System Uses Natural Gas
- Master Water Meter
Listing and Financial Details
- The owner pays for pool maintenance, gas, electricity, trash collection, water, sewer, cable TV, landscaping
- Tax Lot 142
- Assessor Parcel Number 132-12-142-A
Community Details
Overview
- 6 Units
- Building Dimensions are IRR
- North Tempe Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Golf Course Community
- Community Playground
- Putting Green
Building Details
- Operating Expense $49,266
- Gross Income $151,597
- Net Operating Income $102,331
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Sep 27, 2023
Sold by
Weintime Rentals Llc
Bought by
Azura Inc
Seller's Agent
Josh Wein
HomeSmart
Buyer's Agent
Dana Hicks
HomeSmart Realty
List Price
$2,250,000
Sold Price
$1,400,000
Premium/Discount to List
-$850,000
-37.78%
Views
432
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,029,236
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2021
Sold by
Black Stallion 81 Llc
Bought by
Weintime Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Dec 18, 2019
Closed on
Mar 13, 2020
Sold by
Tempe Drive Llc
Bought by
Black Stallion 81 Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Neil Patel
HomeSmart
List Price
$798,000
Sold Price
$770,000
Premium/Discount to List
-$28,000
-3.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 28, 2011
Sold by
Tif Az I Llc
Bought by
Tempe Drive Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2011
Sold by
Rosenzweig Martin
Bought by
Tif Az Llc
Purchase Details
Closed on
Aug 7, 2009
Sold by
Rosenzweig Martin
Bought by
Rosenzweig Fara Joy
Purchase Details
Closed on
Apr 9, 2007
Sold by
Rosenzweig Martin
Bought by
Shrp Investments Llc
Purchase Details
Closed on
Nov 29, 2006
Sold by
Rosenzweig Tracie
Bought by
Rosenzweig Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
Commercial
Purchase Details
Closed on
May 4, 2004
Sold by
Sarram Sean Saeed
Bought by
Buzz & Tempe Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
5.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 14, 2003
Sold by
Sarram Sean Saeed and Sarram Saeed
Bought by
Sarram Sean Saeed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.15%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Azura Inc | $1,400,000 | First American Title Insurance | |
| Weintime Rentals Llc | $810,000 | American Title Svc Agcy Llc | |
| Black Stallion 81 Llc | $770,000 | Chicago Title Agency | |
| Tempe Drive Llc | $148,000 | Magnus Title Agency | |
| Tif Az Llc | $129,000 | None Available | |
| Rosenzweig Fara Joy | -- | None Available | |
| Shrp Investments Llc | -- | Chicago Title Insurance Co | |
| Rosenzweig Martin | -- | Chicago Title Insurance Comp | |
| Rosenzweig Martin | $300,000 | Chicago Title Insurance Comp | |
| Buzz & Tempe Llc | $379,000 | Capital Title Agency Inc | |
| Sarram Sean Saeed | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Azura Inc | $1,050,000 | |
| Previous Owner | Weintime Rentals Llc | $688,500 | |
| Previous Owner | Black Stallion 81 Llc | $616,000 | |
| Previous Owner | Tempe Drive Llc | $118,400 | |
| Previous Owner | Rosenzweig Martin | $240,000 | |
| Previous Owner | Buzz & Tempe Llc | $284,250 | |
| Previous Owner | Sarram Sean Saeed | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $1,400,000 | -12.5% | $3,125 / Sq Ft | |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- | |
| 04/25/2023 04/25/23 | Price Changed | $1,600,000 | -3.0% | $3,571 / Sq Ft | |
| 03/20/2023 03/20/23 | Price Changed | $1,649,000 | -3.0% | $3,681 / Sq Ft | |
| 03/07/2023 03/07/23 | Price Changed | $1,700,000 | -2.9% | $3,795 / Sq Ft | |
| 02/23/2023 02/23/23 | Price Changed | $1,750,000 | -10.2% | $3,906 / Sq Ft | |
| 01/16/2023 01/16/23 | Price Changed | $1,949,000 | -2.5% | $4,350 / Sq Ft | |
| 10/14/2022 10/14/22 | Price Changed | $1,999,000 | 0.0% | $4,462 / Sq Ft | |
| 09/20/2022 09/20/22 | Price Changed | $1,999,500 | -2.5% | $4,463 / Sq Ft | |
| 08/21/2022 08/21/22 | Price Changed | $2,050,000 | -2.3% | $4,576 / Sq Ft | |
| 08/12/2022 08/12/22 | Price Changed | $2,099,000 | -4.5% | $4,685 / Sq Ft | |
| 07/13/2022 07/13/22 | Price Changed | $2,199,000 | -2.3% | $4,908 / Sq Ft | |
| 06/11/2022 06/11/22 | Price Changed | $2,249,900 | 0.0% | $5,022 / Sq Ft | |
| 05/10/2022 05/10/22 | For Sale | $2,250,000 | +192.2% | $5,022 / Sq Ft | |
| 03/13/2020 03/13/20 | Sold | $770,000 | -2.3% | $1,719 / Sq Ft | View Prior Sale |
| 02/13/2020 02/13/20 | Pending | -- | -- | -- | |
| 02/04/2020 02/04/20 | Price Changed | $788,000 | -1.3% | $1,759 / Sq Ft | |
| 12/17/2019 12/17/19 | For Sale | $798,000 | -- | $1,781 / 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 | -- | $22,063 | -- | -- |
| 2024 | $2,442 | $21,013 | -- | -- |
| 2023 | $2,442 | $61,430 | $12,280 | $49,150 |
| 2022 | $2,342 | $49,770 | $9,950 | $39,820 |
| 2021 | $2,358 | $41,010 | $8,200 | $32,810 |
| 2020 | $2,287 | $35,000 | $7,000 | $28,000 |
| 2019 | $2,243 | $32,120 | $6,420 | $25,700 |
| 2018 | $2,188 | $24,330 | $4,860 | $19,470 |
| 2017 | $2,122 | $22,550 | $4,510 | $18,040 |
| 2016 | $2,108 | $18,820 | $3,760 | $15,060 |
| 2015 | $2,024 | $17,780 | $3,550 | $14,230 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Wein
-
A
Seller Co-Listing Agent in 2023
Abby Wein
HomeSmart
-
Dana Hicks
D
Buyer's Agent in 2023
Dana Hicks
HomeSmart Realty
(602) 230-7600
1 in this area
5 Total Sales
-
James Stephens
J
Seller's Agent in 2020
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
52 Total Sales
-
N
Buyer's Agent in 2020
Neil Patel
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6396943
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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