NOT LISTED FOR SALE

1024 E Curry Rd Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $772,000 - $1,018,000

-- Bed
5 Baths
2,975 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $1,220,000 $410 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $5,426/month

121 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

As of October 2019

Craftsman on Curry consists of 2 individually-metered town homes located in an OPPORTUNITY ZONE! Units are being sold together but can be sold individually. Fully leased beginning August 1, 2019. 12-month leases signed, all tenants have moved in and have parent co-signers, and $8,800 per month gross rental income – 6.51 CAP rate. Tenants pay all utilities. Each unit is 2,950 SF, 4 very large bedrooms each with a full in-suite bath, huge front porch, large great room with a gorgeous kitchen. Granite slab counters everywhere and very nice SS Kitchen Aid appliances, wood plank-like tile floors everywhere except bedrooms for durability. No HOA. In demand, convenient, urban location only 1 mile from ASU and close to the 202, Tempe town lake business parks, and PHX airport.

Last Agent to Sell the Property

Jeff Valder

HomeSmart License #SA624755000 Listed on: 06/03/2019

HomeSmart

Last Buyer's Agent

Darrel Dufford

HomeSmart License #SA572324000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,865

Year Built

  • Built in 2017

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Concrete Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces
  • Free Parking
  • Automatic Garage Door Opener

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 1
  • Assessor Parcel Number 132-12-156

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65' x 126'
  • Craftsman On Curry Subdivision

Building Details

  • Operating Expense $22,804
  • Gross Income $103,488
  • Net Operating Income $80,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,865

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Road & Curry Road
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2017
  • Tax Year: 2018
  • Directions: Property is 1/8 mile east of Scottsdale Road on the north side of Curry.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Professional Management Expense: 8279.04
  • Subdivision Name: CRAFTSMAN ON CURRY
  • Garage Yn: Yes
  • 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: Soil Test, Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Auto Door Opener
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Garage Details: Yes
  • Parking:Free: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Central A/C, 2 or More Units
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: 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
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes

Fee Information

  • Annual Water Sewer Expense: 100.0

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 65' x 126'
  • Additional Parcels: Yes
  • Parcel #: 132-12-156

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 200.0
  • Annual Gross Income: 103488.0
  • Insurance Expense: 760.0
  • Property Net Operating Income: 80683.52
  • Annual Operating Expense: 22804.48
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 11865.44
  • Tax Book Number: 132.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Oct 21, 2019
Sold by
Valder Development Company Llc
Bought by
Ogden Robert and Ogden Sandra
Seller's Agent
Jeff Valder
HomeSmart
Buyer's Agent
Darrel Dufford
HomeSmart
List Price
$1,299,000
Sold Price
$1,220,000
Premium/Discount to List
-$79,000
-6.08%
Current Estimated Value
$871,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$348,784
Avg. Annual Appreciation
-6.04%
Original Mortgage
$320,000
Outstanding Balance
$284,804
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$573,759

Purchase Details

Closed on
Nov 13, 2017
Sold by
Valder Jeffrey W and Valder Denise A
Bought by
Valder Developement Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ogden Robert $610,000 Clear Title Agency Of Az
Valder Developement Company Llc -- Accommodation
Valder Jeffrey W -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogden Robert $320,000
Previous Owner Valder Jeffrey W $408,750
Previous Owner Valder Development Company Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $1,220,000 -1.6% $410 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $1,240,000 -3.1% $417 / Sq Ft
08/09/2019 08/09/19 Price Changed $1,280,000 -1.5% $430 / Sq Ft
06/03/2019 06/03/19 For Sale $1,299,000 -- $437 / 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 $6,702 $59,833 -- --
2024 $6,622 $56,984 -- --
2023 $6,622 $72,650 $14,530 $58,120
2022 $6,352 $67,950 $13,590 $54,360
2021 $6,396 $67,910 $13,580 $54,330
2020 $6,201 $67,910 $13,580 $54,330
2019 $6,084 $66,880 $13,370 $53,510
2018 $5,933 $4,020 $4,020 $0
2017 $343 $3,825 $3,825 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeff Valder

    HomeSmart

    (480) 443-7400

    1 in this area

    7 Total Sales

    Jeff Valder
    Section Image
  • Darrel Dufford

    Buyer's Agent in 2019

    Darrel Dufford

    HomeSmart

    (480) 678-1920

    11 Total Sales

    Darrel Dufford
    Section Image
  • Jill Ramirez

    Buyer Co-Listing Agent in 2019

    Jill Ramirez

    Arizona Best Real Estate

    (602) 680-9680

    27 Total Sales

    Jill Ramirez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5934570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-156

Arizona Maricopa County Tempe 85281 North Tempe

1024 E Curry Rd, Tempe, AZ

This home is located at 1024 E Curry Rd, Tempe, AZ 85281 since 03 June 2019 and is currently estimated at $871,216, approximately $292 per square foot. This property was built in 2017. 1024 E Curry Rd is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

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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