NOT LISTED FOR SALE

1022 W 9th St Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $661,000 - $764,000

2 Beds
-- Bath
1,670 Sq Ft
$432/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $685,000 $410 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,799/month

40 Days on Market

About This Home

As of June 2023

PROPERTY IS 1022 W 9TH ST AND 1024 W 9TH ST.
SHARP, CLEAN, REMODELED DUPLEX WITH BLOCK CONSTRUCTION. EXCELLENT RENTALS COMPLETE UPDATES/REMODEL. PRIVATE LARGE BACKYARD ADDS BONUS OUTDOOR SPACE. NEWLY REMODELED WITH WOOD LOOK TILE FLOORING, REMODELED BATHROOM AND KITCHEN, NEW PLUMBING, EVERYTHING IS CLEAN, UPDATED, RENTED AND READY FOR A PERFECT INCOME PRODUCING PROPERTY. CLOSE TO ASU, FREEWAYS, DINING, AND ENTERTAINMENT. PLENTY OF PARKING FOR TENANTS.

Last Agent to Sell the Property

Julie Torrance

West USA Realty License #SA107528000 Listed on: 04/22/2023

West USA Realty

Last Buyer's Agent

Alisha Anderson

Real Broker License #SA632752000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1966

Lot Details

  • 6,447

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • Tax Lot 24
  • Assessor Parcel Number 124-61-116

Community Details

Overview

  • 2 Units
  • Building Dimensions are 68 X 94
  • Western Village Unit 18 Subdivision

Building Details

  • Operating Expense $1,395
  • Gross Income $40,800
  • Net Operating Income $34,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY & HARDY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1966
  • Tax Year: 2022
  • Directions: WEST ON UNIVERSITY TO HARDY. SOUTH TO 9TH STREET AND THEN WEST TO PROPERTY.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WESTERN VILLAGE UNIT 18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Appraisal
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: Holdeman Elementary School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 68 X 94
  • Additional Parcels: No
  • Parcel #: 124-61-116

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 34524.0
  • Annual Operating Expense: 1395.0

Tax Info

  • Tax Annual Amount: 1395.0
  • Tax Book Number: 124.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
Jun 29, 2023
Sold by
Biltmore9 Trust
Bought by
Carreto Eugenio Morales
Seller's Agent
Julie Torrance
West USA Realty
Buyer's Agent
Alisha Anderson
Real Broker
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Views
24
Current Estimated Value
$671,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,644
Avg. Annual Appreciation
0.28%
Original Mortgage
$672,592
Outstanding Balance
$658,829
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$30,312

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 17, 2018
Sold by
Sumners Scott Alan and Sumners Cheryl Darlene
Bought by
Sumners Scott Alan and Sumners Cheryl Darlene
Seller's Agent
Russell Shaw
Realty One Group
Buyer's Agent
Julie Torrance
West USA Realty
List Price
$274,900
Sold Price
$312,000
Premium/Discount to List
$37,100
13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%
Original Mortgage
$211,400
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 3, 2018
Sold by
Santee Ruth A
Bought by
Sumners Scott Alan and Sumners Cheryl Darlene
Seller's Agent
Russell Shaw
Realty One Group
Buyer's Agent
Julie Torrance
West USA Realty
List Price
$274,900
Sold Price
$312,000
Premium/Discount to List
$37,100
13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Carreto Eugenio Morales $685,000 Clear Title Agency Of Arizona
Sumners Scott Alan -- Accommodation
Sumners Scott Alan -- Greystone Title Agency Llc
Sumners Scott Alan $312,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreto Eugenio Morales $672,592
Previous Owner Sumners Scott Alan $214,000
Previous Owner Sumners Scott Alan $211,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $685,000 -2.1% $410 / Sq Ft
04/22/2023 04/22/23 For Sale $699,900 +124.3% $419 / Sq Ft
09/07/2018 09/07/18 Sold $312,000 +13.5% $187 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $274,900 -- $165 / 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 $1,472 $13,140 -- --
2024 $1,454 $12,514 -- --
2023 $1,454 $42,120 $8,420 $33,700
2022 $1,395 $32,350 $6,470 $25,880
2021 $1,405 $27,070 $5,410 $21,660
2020 $1,362 $24,360 $4,870 $19,490
2019 $1,336 $21,220 $4,240 $16,980
2018 $1,303 $17,730 $3,540 $14,190
2017 $1,264 $14,300 $2,860 $11,440
2016 $1,255 $12,670 $2,530 $10,140
2015 $1,206 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Julie Torrance

    West USA Realty

    (602) 647-9328

    1 in this area

    50 Total Sales

    Section Image
  • Alisha Anderson

    Buyer's Agent in 2023

    Alisha Anderson

    Real Broker

    (480) 299-4072

    1 in this area

    289 Total Sales

    Section Image
  • Erin Rivera

    Buyer Co-Listing Agent in 2023

    Erin Rivera

    Real Broker

    (480) 820-3333

    1 in this area

    72 Total Sales

    Section Image
  • Russell Shaw

    Seller's Agent in 2018

    Russell Shaw

    Realty One Group

    (602) 957-7777

    448 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6547532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-116

Arizona Maricopa County Tempe 85281 Gililland

1022 W 9th St, Tempe, AZ

This home is located at 1022 W 9th St, Tempe, AZ 85281 since 22 April 2023 and is currently estimated at $721,297, approximately $431 per square foot. This property was built in 1966. 1022 W 9th St is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and Noor Academy of Arizona.

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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