NOT LISTED FOR SALE

1125 S Terrace Rd Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $1,240,005

-- Bed
-- Bath
2,781 Sq Ft
$446/Sq Ft Est. Value

About This Home

This home is located at 1125 S Terrace Rd, Tempe, AZ 85281 and is currently estimated at $1,240,005, approximately $445 per square foot. 1125 S Terrace Rd is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Seth Family Limited Partnership
Bought by
Bhatt Geeta and Shivam Irrevocabe Trust
Current Estimated Value
$1,240,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$700,565
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$550,789

Purchase Details

Closed on
Jun 15, 2005
Sold by
Seth Family Lp
Bought by
Kelly Robert G and Kelly Sheila A

Purchase Details

Closed on
Mar 14, 2005
Sold by
Seth Family Lp
Bought by
City Of Tempe

Purchase Details

Closed on
Oct 6, 1997
Sold by
Hynik Inc
Bought by
Seth Family Ltd Partnership

Purchase Details

Closed on
Jun 14, 1996
Sold by
Cantor Inc
Bought by
Hynik Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Bhatt Geeta $875,000 Stewart Ttl & Tr Of Phoenix
Kelly Robert G -- --
City Of Tempe -- Chicago Title Insurance Co
Seth Family Ltd Partnership -- --
Hynik Inc $135,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Geeta $775,000
Previous Owner Seth Family Lp $245,000
Previous Owner Hynik Inc $95,000
Source: Public Records

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 $12,443 $107,715 -- --
2024 $12,666 $105,792 -- --
2023 $12,666 $135,388 $104,703 $30,685
2022 $12,507 $121,748 $100,048 $21,700
2021 $12,953 $132,606 $102,906 $29,700
2020 $12,560 $134,604 $104,526 $30,078
2019 $12,321 $122,922 $93,654 $29,268
2018 $12,015 $130,446 $101,322 $29,124
2017 $11,658 $110,538 $93,816 $16,722
2016 $11,576 $93,258 $78,174 $15,084
2015 $11,427 $76,461 $64,584 $11,877
Source: Public Records

Map

Arizona Maricopa County Tempe 85281 Downtown Tempe

1125 S Terrace Rd, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1125 S Terrace Rd, Tempe, AZ 85281 and is currently estimated at $1,240,005, approximately $445 per square foot. 1125 S Terrace Rd is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

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