NOT LISTED FOR SALE

1033 S Mariana St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $527,498 - $1,050,000

-- Bed
-- Bath
1,620 Sq Ft
$463/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $280,000 $173 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,052/month

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 5-minute walk to Dorsey Ln/Apache Blvd
  • Concrete Flooring
  • Floor Furnace

About This Home

As of September 2016

Great investment property in Tempe - ASU, Lightrail, & Orbit stops within walking distance. 4 plex building with 4 studio apartments. Block construction. Newly painted to blend with the ''cool'' student housing in area! 1 story. Mature landscaping with plenty of open dirt lot parking which is a BIG plus close to the college! Some units have upgrades: faux plank wood flooring, newer cupboards/counters, appliances, lighting, ac units. Water & Gas are master metered- gas heats 1 water heater & the wall heaters inside. APS electric is individually metered-tenant pays. AC units are wall units- easily replaceable-easy upkeep! Property manager is also listing agent for questions! 1032 S Mariana & 1013 S Mariana also for sale. Owner Agent in TX & CA.

Last Agent to Sell the Property

Diana Creason

Sundial Real Estate License #BR527228000 Listed on: 08/11/2016

Last Buyer's Agent

Jacquelyn Buczko

Realty ONE Group License #SA585846000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1962

Lot Details

  • 9,235

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Broadmor Elementary School
  • Cecil Shamley Middle School
  • Mcclintock High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 2 / 2000
  • Assessor Parcel Number 132-73-164

Community Details

Overview

  • Building Dimensions are 151.2 x 134.94 x 47.18 x 67
  • Mariana Park Subdivision

Building Details

  • Operating Expense $8,084
  • Gross Income $19,992
  • Net Operating Income $19,824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,288

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Rural & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Year Built: 1962
  • Tax Year: 2014
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Professional Management Expense: 1385.0
  • Subdivision Name: Mariana Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Slump Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Broadmor Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Lot Size: 151.2 x 134.94 x 47.18 x 67
  • Additional Parcels: No
  • Parcel #: 132-73-164

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 1
  • Annual Gross Income: 19992.0
  • Insurance Expense: 863.0
  • Maintenance Expense: 325.0
  • Property Net Operating Income: 19824.0
  • Annual Operating Expense: 8084.0
  • Vacancy Allowance Rate: 0.3

Tax Info

  • Tax Annual Amount: 1288.0
  • Tax Block: 2000
  • Tax Book Number: 132.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Webb Casey C
Bought by
1033 Mar Llc
Current Estimated Value
$750,625

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 29, 2016
Sold by
231 Aq Llc
Bought by
Webb Casey C
Seller's Agent
Diana Creason
Sundial Real Estate
Buyer's Agent
Jacquelyn Buczko
Realty ONE Group
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Jan 21, 2010
Sold by
Koelsch Michael
Bought by
231 Aq Llc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Islington Investments Llc
Bought by
Koelsch Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2005
Sold by
Koelsch Liane
Bought by
Koelsch Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
3%
Mortgage Type
Negative Amortization
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
1033 Mar Llc -- None Available
Webb Casey C $280,000 Old Republic Title Agency
231 Aq Llc $130,000 Equity Title Agency Inc
Koelsch Michael $309,000 Capital Title Agency Inc
Koelsch Michael -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koelsch Michael $247,200
Previous Owner Koelsch Michael $247,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $280,000 +1.8% $173 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $275,000 -- $170 / 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 $1,284 $10,713 -- --
2024 $1,186 $10,203 -- --
2023 $1,186 $54,950 $10,990 $43,960
2022 $1,137 $42,770 $8,550 $34,220
2021 $1,145 $35,730 $7,140 $28,590
2020 $1,110 $29,360 $5,870 $23,490
2019 $1,089 $22,300 $4,460 $17,840
2018 $1,062 $16,510 $3,300 $13,210
2017 $1,031 $15,570 $3,110 $12,460
2016 $1,023 $14,300 $2,860 $11,440
2015 $983 $14,160 $2,830 $11,330
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diana Creason

    Sundial Real Estate

    (480) 966-2170

    1 in this area

    11 Total Sales

    Diana Creason
    Section Image
  • Jacquelyn Buczko

    Buyer's Agent in 2016

    Jacquelyn Buczko

    Realty One Group

    (602) 327-3243

    35 Total Sales

    Jacquelyn Buczko
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5482803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-164

Arizona Maricopa County Tempe 85281 Downtown Tempe

1033 S Mariana 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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