NOT LISTED FOR SALE

1063 W 5th St Unit 1 - 3 & Tract A Tempe, AZ 85281

Riverside Neighborhood
0.24 Acre
-- Price per Acre
10,450 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $355,000

254 Days on Market

Highlights

  • 0.24 Acre Lot
  • Level Lot
  • 2-minute walk to Jaycee Park
  • No HOA

About This Lot

As of February 2022

*Fabulous Investment Development Opportunity in an ''Opportunity Zone'' in Tempe*For Investors looking to Reinvest 1031 Exchange Funds, this is truly an ''Opportunity'' Waiting to Happen*Infill Lot, Subdivided for Possibility of 3 Detached Properties & a Common Area*Parking Spaces Already Accounted for in the Common Area Parcel/Lot*Private Easement Roadway for Access off of 5th St.*Close Proximity to ASU, Mill Ave. & Tempe Amenities*Zoned R-3*30' Building Height Restriction*Conceptual Drawings & Plans (which are now expired) filed with the City of Tempe*Truly a Rare Find*

Last Listed By

Suzanne Klinkenberg

Russ Lyon Sotheby's International Realty License #SA654288000 Listed on: 02/01/2022

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $994

Lot Details

  • 10,450 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • 4 Lots in the community
  • Additional Parcels
  • Property is zoned R-3

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Community Details

  • No Home Owners Association
  • Treble Subdivision

Listing and Financial Details

  • Tax Lot 1 - 3 & Tract A
  • Assessor Parcel Number 124-36-188

Property Details

Property Type

Land

Est. Annual Taxes

$994

Lot Details

0

Listing Details

  • Cross Street: University Dr & Hardy St
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: See Remarks, Raw Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2020
  • Directions: On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Surface Type: Asphalt
  • Subdivision Name: TREBLE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Lot Features: Other, See Remarks
  • Disclosures: Soil Test, Seller Prop Disc Stm, Boundary Survey Avlb, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 50.01 x 208.94
  • Lot Size Sq Ft: 10450.0
  • Number Of Lots: 4
  • Additional Parcels: Yes
  • Parcel #: 124-36-188
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 994.0
  • Tax Book Number: 124.00
  • Tax Lot: 1 - 3 & Tract A
  • Tax Map Number: 36.00

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

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $355,000 -5.3% --
02/01/2022 02/01/22 Price Changed $375,000 0.0% --
11/13/2021 11/13/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $375,000 -6.3% --
03/04/2021 03/04/21 For Sale $400,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Suzanne Klinkenberg

    Seller's Agent in 2022

    Suzanne Klinkenberg

    Russ Lyon Sotheby's International Realty

    (480) 492-7770

    1 in this area

    81 Total Sales

    Suzanne Klinkenberg
    Section Image

  • A

    Buyer's Agent in 2022

    Adam Kane

    Weichert, Realtors - Courtney Valleywide

    (480) 705-9600

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6202587

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Riverside

1063 W 5th St Unit 1 - 3 & Tract A, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1063 W 5th St Unit 1 - 3 & Tract A, Tempe, AZ 85281 since 01 February 2022. 1063 W 5th St Unit 1 - 3 & Tract A is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High 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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