NOT LISTED FOR SALE

1132 N Miller Rd Unit A Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $539,000 - $602,000

2 Beds
2 Baths
2,072 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $256,000 $124 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,068/month

2 Days on Market

Highlights

  • 5 Car Attached Garage
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Multiple cooling system units

About This Home

As of February 2017

Cash flow turn key Investment opportunity in great location in North Tempe. Close to ASU, 202 freeway, Tempe town lake, Tempe Marketplace and Old Town Scottsdale. Brand New Roof, exterior paint and landscaping. Front unit is a 2 bedroom 2 bath with remodeled kitchen and bathroom vanities complete with granite countertops and travertine backsplash. Back unit is 3 bedroom, 2 bath. Both currently occupied with $1,995/month in rent.

Last Agent to Sell the Property

John Evans

My Home Group Real Estate License #SA645589000 Listed on: 01/19/2017

My Home Group Real Estate

Last Buyer's Agent

Barbara Meijome

RE/MAX Alliance Group License #SA114678000

RE/MAX Alliance Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1983

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Car Attached Garage
  • 4 Open Parking Spaces

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water
  • Tax Lot 256
  • Assessor Parcel Number 132-13-105

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7475
  • North Tempe 3 Subdivision

Building Details

  • Operating Expense $1,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Miller and Curry
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE 3
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Add'l Parking Avail, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Garage Details: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 7475
  • Additional Parcels: No
  • Parcel #: 132-13-105

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1446.0

Tax Info

  • Tax Annual Amount: 1446.0
  • Tax Book Number: 132.00
  • Tax Lot: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 8, 2017
Sold by
Plateau Capitol Llc
Bought by
Hernandez Sara J
Seller's Agent
John Evans
My Home Group Real Estate
Buyer's Agent
Barbara Meijome
RE/MAX Alliance Group
List Price
$250,000
Sold Price
$256,000
Premium/Discount to List
$6,000
2.4%
Current Estimated Value
$558,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,218
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
May 11, 2010
Sold by
Kaiser Dennis
Bought by
Plateau Capital Llc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Robinson Keith and Robinson Kimberlee
Bought by
Kaiser Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Sara J $256,000 Pioneer Title Agency Inc
Plateau Capital Llc -- Pioneer Title Agency Inc
Kaiser Dennis $149,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaiser Dennis $141,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2017 02/23/17 Sold $256,000 +2.4% $124 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $250,000 -- $121 / Sq Ft
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 $1,578 $15,137 -- --
2024 $1,448 $14,416 -- --
2023 $1,448 $39,130 $7,820 $31,310
2022 $1,383 $31,580 $6,310 $25,270
2021 $1,410 $25,900 $5,180 $20,720
2020 $1,363 $23,070 $4,610 $18,460
2019 $1,337 $22,180 $4,430 $17,750
2018 $1,501 $17,150 $3,430 $13,720
2017 $1,456 $16,070 $3,210 $12,860
2016 $1,446 $13,270 $2,650 $10,620
2015 $1,301 $12,270 $2,450 $9,820
Source: Public Records

Agents Affiliated with this Home

  • John Evans

    Seller's Agent in 2017

    John Evans

    My Home Group

    (602) 376-7248

    20 Total Sales

    John Evans
    Section Image
  • Barbara Meijome

    Buyer's Agent in 2017

    Barbara Meijome

    RE/MAX

    (602) 989-4828

    47 Total Sales

    Barbara Meijome
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5549028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-105

Arizona Maricopa County Tempe 85281 North Tempe

1132 N Miller Rd Unit A, Tempe, AZ

Not Listed for Sale

MultiFamily

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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