NOT LISTED FOR SALE

1117 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood
0.28 Acre
-- Price per Acre
12,197 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $855,000

199 Days on Market

About This Lot

As of September 2023

BEST DEAL IN TEMPE. IGNORE DAYS ON THE MARKET. PROJECT GOT FULLY APPROVED FOR CONSTRUCTION FEW MONTHS AGO. LOCATION, LOCATION, LOCATION, plus located in Tempe Opportunity Zone. Entitlements are issued and approved and project is ready to build. This project aims to construct 6 townhomes with an average size of over 2000 square feet. The design will feature modern amenities, efficient features and an attractive aesthetic to appeal to the target market. This parcel is located within walking distance from Arizona State University. The demand for newer and modern townhomes in Tempe is particularly high due to limited inventory in the area. This size new units in Tempe are selling between $700k-$800K. This is an amazing project for someone to build and make huge profit.

Last Agent to Sell the Property

Shahbaz Khan

Realty ONE Group License #BR544454000 Listed on: 01/19/2023

Last Buyer's Agent

Nidia Almonte Mendoza

At Home Real Estate Arizona License #BR558683000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,100

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-4

Schools

  • Tempe Academy Of International Studies Mckemy Elementary School
  • Tempe High Middle School
  • Tempe High School

Community Details

  • No Home Owners Association
  • Halsingborg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133-09-019-A

Property Details

Property Type

Land

Est. Annual Taxes

$2,100

Lot Details

0

Listing Details

  • Cross Street: RURAL AND APACHE.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-4
  • Tax Year: 2022
  • Directions: From Rural and Apache, Go south on Rural, East on Spence. Property is on the right Side.
  • Lot Size Acres: 0.28
  • Subdivision Name: HALSINGBORG
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: Soil Test, Boundary Survey Avlb, ALTA Survey Alba, Development Pln Aval

Utilities

  • Electric: SRP
  • Water Source: Irrigation Pipe

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tempe Academy Of International Studies McKemy
  • High School: Tempe High School
  • Middle Or Junior School: Tempe High School

Lot Info

  • Lot Size: 100x130
  • Lot Size Sq Ft: 13000.0
  • Additional Parcels: No
  • Parcel #: 133-09-019-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2100.0
  • Tax Book Number: 133.00
  • Tax Lot: -
  • Tax Map Number: 9.00

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

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $855,000 -20.5% --
08/05/2023 08/05/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1,075,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shahbaz Khan

    Realty One Group

    (480) 981-3200

    2 in this area

    11 Total Sales

    Shahbaz Khan
    Section Image
  • Nidia Almonte Mendoza

    Buyer's Agent in 2023

    Nidia Almonte Mendoza

    At Home Real Estate Arizona

    (602) 989-4898

    1 in this area

    258 Total Sales

    Nidia Almonte Mendoza
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6509255

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Tempe 85281 Downtown Tempe

1117 E Spence Ave, Tempe, AZ

This home is located at 1117 E Spence Ave, Tempe, AZ 85281 since 19 January 2023. 1117 E Spence Ave is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock 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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