NOT LISTED FOR SALE

1120 N Frances St Unit A Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $500,701 - $580,000

-- Bed
2 Baths
-- Sq Ft
8,102 Sq Ft Lot

Last Sold May 31, 2013

Last sale price $120,000

Est. 361% increase in value since last sale

Current estimated payment $3,195/month

19 Days on Market

About This Home

As of May 2013

4 bedroom/2 bath duplex close to the 101 & 202, ASU, Riverview and Tempe Town Lake. Great income property. Features tile floors and block construction. This remarkable property is available for immediate sale. The seller is very responsive and the property is a perfect opportunity. Special financing options available – ask your agent for details.

Last Agent to Sell the Property

Paul Whittle

American Allstar Realty License #BR531220000 Listed on: 03/29/2013

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1963

Lot Details

  • 8,102

Home Design

  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 132-12-141-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are .19 acres

Building Details

  • Operating Expense $771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$771

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd. & McKellips Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: D/Dupl
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2012
  • Directions: South on Rural to Tempe Dr, East on Tempe Dr, property is located on SW corner of Tempe Dr & Frances.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Individual, Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Lot Info

  • Lot Size: .19 acres
  • Additional Parcels: No
  • Parcel #: 132-12-141-A

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 771.0

Tax Info

  • Tax Annual Amount: 771.0
  • Tax Book Number: 132.00
  • Tax Lot: 141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Becker Michael
Bought by
Magen Az Llc
Total Days on Market
19
Current Estimated Value
$552,675

Purchase Details

Closed on
Oct 15, 2021
Sold by
Sharon Nathalie
Bought by
Becker Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2013
Closed on
May 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Becker Michael
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$109,900
Sold Price
$120,000
Premium/Discount to List
$10,100
9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$109,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Rosenzweig Martin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 7, 2009
Sold by
Rosenzweig Martin
Bought by
Rosenzweig Fara Joy

Purchase Details

Closed on
Apr 9, 2007
Sold by
Rosenzweig Martin
Bought by
Shrp Investments Llc

Purchase Details

Closed on
Nov 28, 2006
Sold by
Rosenzweig Tracie
Bought by
Rosenzweig Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Sarram Sean Saeed
Bought by
Buzz & Tempe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Sarram Sean Saeed and Sarram Saeed
Bought by
Sarram Sean Saeed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1997
Sold by
Gregory Arthur J
Bought by
Sarram Saeed
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Magen Az Llc -- None Listed On Document
Becker Michael -- Empire Title Agency
Becker Michael -- New Title Company Name
Becker Michael -- Servicelink
Federal National Mortgage Association $218,285 Accommodation
Rosenzweig Fara Joy -- None Available
Shrp Investments Llc -- Chicago Title Insurance Co
Rosenzweig Martin -- Chicago Title Insurance Comp
Rosenzweig Martin $250,000 Chicago Title Insurance Comp
Buzz & Tempe Llc $379,000 Capital Title Agency Inc
Sarram Sean Saeed -- Fidelity National Title
Sarram Saeed $168,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Michael $294,000
Previous Owner Becker Michael $109,500
Previous Owner Rosenzweig Martin $200,000
Previous Owner Rosenzweig Martin $42,500
Previous Owner Buzz & Tempe Llc $284,250
Previous Owner Sarram Sean Saeed $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $120,000 +9.2% --
04/17/2013 04/17/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $109,900 -- --
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 $1,290 $11,515 -- --
2024 $1,274 $10,967 -- --
2023 $1,274 $29,200 $5,840 $23,360
2022 $1,222 $23,750 $4,750 $19,000
2021 $1,231 $19,860 $3,970 $15,890
2020 $1,193 $17,300 $3,460 $13,840
2019 $1,171 $16,130 $3,220 $12,910
2018 $1,142 $12,360 $2,470 $9,890
2017 $1,108 $11,660 $2,330 $9,330
2016 $1,100 $9,530 $1,900 $7,630
2015 $1,056 $8,750 $1,750 $7,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Whittle

    Seller's Agent in 2013

    Paul Whittle

    American Allstar Realty

    (480) 751-5300

    100 Total Sales

    Paul Whittle
    Section Image

  • G

    Buyer's Agent in 2013

    Gad Nagar

    Altair Realty LLC

    28 Total Sales

    Gad Nagar
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4911944

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-141A

Arizona Maricopa County Tempe 85281 North Tempe

1120 N Frances St Unit A, Tempe, AZ

This home is located at 1120 N Frances St Unit A, Tempe, AZ 85281 since 29 March 2013 and is currently estimated at $552,675. This property was built in 1963. 1120 N Frances St Unit A is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary 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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