NOT LISTED FOR SALE

1117 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood
0.28 Acre
-- Price per Acre
13,000 Sq Ft Lot

Sale Details

Date 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

Realty ONE Group

Last Buyer's Agent

Nidia Almonte Mendoza

At Home Real Estate Arizona License #BR558683000

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,100

Lot Details

  • 13,000 Sq Ft 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

0.3 Acres

Listing Details

  • Cross Street: RURAL AND APACHE.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-4
  • Tax Year: 2022
  • Lot Size Acres: 0.28
  • MLS Status: Closed
  • Standard Status: Closed
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Tempe, AZ

  • Kristen Amen Real Estate Agent - Real Broker

    Kristen Amen

    Real Broker

    (623) 666-5503

    87 Total Sales

    1 in Downtown Tempe

    $292,500 Price

    Kristen Amen
     Section Image
  • Christine Anthony Real Estate Agent - Russ Lyon Sotheby's International Realty

    Christine Anthony

    Russ Lyon Sotheby's International Realty

    (480) 470-8741

    82 Total Sales

    1 in Downtown Tempe

    $452,500 Price

    Christine Anthony
     Section Image
  • Jeff Shelton Real Estate Agent - West USA Realty

    Jeff Shelton

    West USA Realty

    (623) 304-5567

    36 Total Sales

    1 in Downtown Tempe

    $230,000 Price

    Jeff Shelton
     Section Image
  • Michael Shimono Real Estate Agent - eXp Realty

    Michael Shimono

    eXp Realty

    (534) 444-8831

    99 Total Sales

    1 in Downtown Tempe

    $220,000 Price

    Michael Shimono
     Section Image
  • Nathaniel Pierce Real Estate Agent - Incyte Realty, LLC

    Nathaniel Pierce

    Incyte Realty, LLC

    (623) 257-7084

    69 Total Sales

    1 in Downtown Tempe

    $725,000 Price

    Nathaniel Pierce
     Section Image
  • Pamela Torgrimson Real Estate Agent - RETSY

    Pamela Torgrimson

    RETSY

    (507) 486-5070

    70 Total Sales

    1 in Downtown Tempe

    $373,500 Price

    Pamela Torgrimson
     Section Image
See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 +225.8% --
06/23/2017 06/23/17 Sold $330,000 -8.3% -- View Prior Sale
01/03/2017 01/03/17 For Sale $360,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • SK

    Seller's Agent in 2023

    Shahbaz Khan

    Realty One Group

    (480) 981-3200

    2 in this area

    14 Total Sales

    Shahbaz Khan
    Section Image
  • Nidia Almonte Mendoza Real Estate Agent - At Home Real Estate Arizona

    Buyer's Agent in 2023

    Nidia Almonte Mendoza

    At Home Real Estate Arizona

    (602) 989-4898

    1 in this area

    238 Total Sales

    Nidia Almonte Mendoza
    Section Image

  • RW

    Seller's Agent in 2017

    ron wittenberg

    DeLex Realty

    (801) 698-6846

    3 Total Sales

    ron wittenberg
    Section Image

  • MK

    Buyer's Agent in 2017

    M Khan

    Realty One Group

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

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.