NOT LISTED FOR SALE

1022 S Dorsey Ln Tempe, AZ 85281

Downtown Tempe Neighborhood
8 Beds
4 Baths
3,072 Sq Ft
8,550 Sq Ft Lot

Last Sold November 13, 2019

Last sale price $665,000 $216 Per Sq Ft

68 Days on Market

Highlights

  • 0.2 Acre Lot
  • 4-minute walk to Dorsey Ln/Apache Blvd
  • Eat-In Kitchen
  • Corner Lot
  • Covered patio or porch
  • Courtyard

About This Home

As of November 2019

Look at the photos of this property and do not wait to make an offer. You cannot obtain this location anywhere- 1 Block from Lightrail and 1/6 of a mile from ASU main campus! All 2 bedroom units with backyards. Two units are currently being leased at higher rents of $1295 and $1195 respectively. New roofs and fascia on both Duplexes-they are on one parcel. Buyer to verify all facts and figures-see DOC tab for more info!

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate Listed on: 08/09/2019

Last Buyer's Agent

Linda Gerchick

Gerchick Real Estate Listed on: 08/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1961

Lot Details

  • 8,550 Sq Ft Lot
  • Property fronts an alley
  • East or West Exposure
  • Block Wall Fence
  • Desert Landscape
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Dual Sinks
  • 3,072 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Parking

  • 6 Parking Spaces
  • Parking Pad

Outdoor Features

  • Courtyard
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,655 special tax assessment

Community Details

Building Details

  • Insurance Expense $1,600
  • Professional Management Expense $2,880
  • Water Sewer Expense $1,800
  • Gross Income $47,760
  • Net Operating Income $39,825

Additional Features

  • Out Of Pima County Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,655

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Legal Description supplied by Title to Govern
  • Attached Detached: Detached
  • List Price per Sq Ft: 224.28
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 995.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage
  • Window Coverings: Stay
  • Floor Covering: Vinyl
  • Gross Sq Ft: 3072.00
  • Bathroom Features: Dual Sinks/Hall
  • Breakfast: Eat-In
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Kitchen Features Countertops: formica
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Desert Plantings
  • Landscape Rear: Decorative Gravel, Desert Plantings
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: Courtyard, Shed

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: APS
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fans Pre-Wired, Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Lighted, Paved Street, Sidewalks, Street Lights

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1655.00

Schools

  • School District: Other
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.20
  • Lot Dimensions: irregular
  • Lot Features: Adjacent to Alley, Corner Lot, East/West Exposure
  • Lot Size Price Sq Ft: 80.58
  • Lot Sq Ft: 8550.00
  • Lot Sz Sold Prc Sq Ft: 77.78
  • Municipality Zoning: Other - CALL
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1961

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 132-73-139
  • Taxes: 1655.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Other
  • Elementary School: Other
  • High School: Other
  • School District: Other

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
11/13/2019 11/13/19 Sold $665,000 0.0% $216 / Sq Ft
11/13/2019 11/13/19 Sold $665,000 -3.5% $887 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/14/2019 10/14/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $689,000 +3.6% $919 / Sq Ft
08/09/2019 08/09/19 For Sale $665,000 -4.3% $216 / Sq Ft
08/02/2019 08/02/19 For Sale $695,000 0.0% $927 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $695,000 -- $927 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2019

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    3 in this area

    121 Total Sales

    Section Image

  • S

    Buyer's Agent in 2019

    Scott Trevey

    REI Marketing

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21920934

MLS of Southern Arizona

Arizona Maricopa County Tempe 85281 Downtown Tempe

1022 S Dorsey Ln, Tempe, AZ

This home is located at 1022 S Dorsey Ln, Tempe, AZ 85281 since 09 August 2019. This property was built in 1961. 1022 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.

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