NOT LISTED FOR SALE

1024 E Henry St Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $467,000 - $542,000

-- Bed
-- Bath
1,344 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $400,000 $298 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,601/month

7 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of April 2021

Great Tempe location. Properties are in need of work. No showings without accepted contract. Both 1018 and 1024 are in need of repairs and updating. The owner is only considering selling them as a pair at this point. Rented month to month at 800.00.

Last Agent to Sell the Property

George Saiki

Fathom Realty Elite License #SA533361000 Listed on: 03/08/2021

Fathom Realty Elite

Last Buyer's Agent

Pat Hune

1st Southwest Realty, LLC License #BR529524000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 144
  • Assessor Parcel Number 132-12-144

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7610
  • North Tempe Subdivision

Building Details

  • Operating Expense $2,136
  • Gross Income $11,520
  • Net Operating Income $9,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$996

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd and Curry
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: D/Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 720.0

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 7610
  • Additional Parcels: No
  • Parcel #: 132-12-144

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 11520.0
  • Insurance Expense: 420.0
  • Property Net Operating Income: 9123.0
  • Annual Operating Expense: 2136.0

Tax Info

  • Tax Annual Amount: 996.0
  • Tax Book Number: 132.00
  • Tax Lot: 144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
City Of Tempe
Bought by
Tempe Coalition For Affordable
Current Estimated Value
$496,397

Purchase Details

Closed on
Mar 11, 2022
Sold by
City Of Tempe
Bought by
Tempe Coalition For Affordable

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 8, 2021
Sold by
Line Masters Investing Llc
Bought by
City Of Tempe
Seller's Agent
George Saiki
Fathom Realty Elite
Buyer's Agent
Pat Hune
1st Southwest Realty, LLC
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Aug 28, 2013
Sold by
Lakeshore Llc
Bought by
Line Masters Investing Llc

Purchase Details

Closed on
Dec 21, 2010
Sold by
Okruch William J
Bought by
Lakeshore Llc

Purchase Details

Closed on
Oct 13, 2010
Sold by
Bomo Enterprises Llc
Bought by
Okruch William J

Purchase Details

Closed on
Oct 12, 2010
Sold by
Okruch Lindsay F
Bought by
Okruch William J

Purchase Details

Closed on
Jun 24, 2010
Sold by
Cheng Roger Yen
Bought by
Bomo Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,243
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Lin Hsiu Ling
Bought by
Cheng Roger Yen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tempe Coalition For Affordable -- None Listed On Document
Tempe Coalition For Affordable -- None Listed On Document
City Of Tempe $400,000 Grand Canyon Title Agency
Line Masters Investing Llc -- None Available
Lakeshore Llc -- None Available
Okruch William J $75,000 Grand Canyon Title Agency In
Okruch William J -- Great American Title Agency
Bomo Enterprises Llc $42,280 Great American Title Agency
Cheng Roger Yen -- Chicago Title Insurance Comp
Cheng Roger Yen $250,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bomo Enterprises Llc $43,243
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $400,000 -5.9% $298 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $425,000 -- $316 / 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 -- $9,609 -- --
2024 -- $9,151 -- --
2023 $0 $28,950 $5,790 $23,160
2022 $1,020 $23,560 $4,710 $18,850
2021 $0 $19,660 $3,930 $15,730
2020 $996 $17,100 $3,420 $13,680
2019 $977 $15,980 $3,190 $12,790
2018 $953 $12,250 $2,450 $9,800
2017 $924 $11,560 $2,310 $9,250
2016 $918 $9,420 $1,880 $7,540
2015 $882 $8,660 $1,730 $6,930
Source: Public Records

Agents Affiliated with this Home

  • George Saiki

    Seller's Agent in 2021

    George Saiki

    Fathom Realty Elite

    (480) 228-4509

    3 in this area

    69 Total Sales

    George Saiki
    Section Image
  • Pat Hune

    Buyer's Agent in 2021

    Pat Hune

    1st Southwest Realty, LLC

    (480) 703-1976

    2 in this area

    51 Total Sales

    Pat Hune
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6204425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-144

Arizona Maricopa County Tempe 85281 North Tempe

1024 E Henry St, Tempe, AZ

Not Listed for Sale

MultiFamily

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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