NOT LISTED FOR SALE

1132 S Stratton Ln Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $475,677 - $718,000

-- Bed
-- Bath
1,626 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $272,000 $167 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,290/month

1 Day on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Alegre Park
  • Thew Elementary School Rated 9+
  • Ceiling Fan

About This Home

As of March 2018

Investors take note! Three 1 BR/1BA units; fully-rented and include individual storage rooms with w/d hookups. Building was totally remodeled in late 2015 with new roof; HVAC systems; water heaters; interior finishes and appliances, including built-in microwaves and full-sized stoves and refrigerators. All tile flooring. Convenient to downtown Tempe, ASU & Highways 101, 202 & 60, as well as McClintock/Apache light rail stop. Off-street parking and end of cul-de-sac. No sign on property; do not disturb tenants. Agent has an ownership interest in seller LLC.

Last Agent to Sell the Property

Jenn Wassermann

West USA Realty License #SA674231000 Listed on: 03/08/2018

West USA Realty

Last Buyer's Agent

Jenn Wassermann

West USA Realty License #SA674231000 Listed on: 03/08/2018

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1964

Lot Details

  • 5,489

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Free Parking
  • On-Street Parking

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 43
  • Assessor Parcel Number 132-66-047-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are 5491sf
  • Rancho El Dorado Subdivision

Building Details

  • Operating Expense $919
  • Gross Income $25,980
  • Net Operating Income $17,983

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$919

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: McClintock & Don Carlos
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2017
  • Directions: From 101, West on University; South on McClintock; East on Don Carlos; South on Stratton to end of cul-de-sac; property on SW side of Stratton Ln.
  • Road Surface Type: Asphalt
  • Subdivision Name: Rancho El Dorado
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks), F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual, Central A/C
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size: 5491sf
  • Additional Parcels: No
  • Parcel #: 132-66-047-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 25980.0
  • Property Net Operating Income: 17983.0
  • Annual Operating Expense: 919.34

Tax Info

  • Tax Annual Amount: 919.34
  • Tax Book Number: 132.00
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Mar 15, 2018
Sold by
Sweetwater Holdings Llc
Bought by
Sj Properties Llc
Seller's Agent
Jenn Wassermann
West USA Realty
Buyer's Agent
Jenn Wassermann
West USA Realty
List Price
$272,000
Sold Price
$272,000
Current Estimated Value
$603,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,919
Avg. Annual Appreciation
11.42%

Purchase Details

Listed on
Dec 30, 2015
Closed on
Feb 11, 2016
Sold by
Sotomayor Emmanuel E Galindo
Bought by
Sweetwater Holdings Llc
Seller's Agent
Jon Beydler
Citypoint Arizona LLC
Buyer's Agent
maha kapageridis
HomeSmart
List Price
$299,000
Sold Price
$262,800
Premium/Discount to List
-$36,200
-12.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%

Purchase Details

Closed on
Aug 12, 2015
Sold by
Anderson Michael J
Bought by
Sotomayor Emmanuel E Galindo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.77%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 28, 2015
Closed on
Jun 17, 2015
Sold by
Jjbl Properties Llc
Bought by
Sotomayor Emmanuel E Galindo and Anderson Michael J
Seller's Agent
Yoyi Mi
Smart Choice Realty, LLC
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$155,000
Interest Rate
3.77%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 28, 2015
Closed on
May 19, 2015
Sold by
E Investment Properties Inc
Bought by
Jjbl Properties Llc
Seller's Agent
Yoyi Mi
Smart Choice Realty, LLC
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.77%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 28, 2015
Closed on
Apr 20, 2015
Sold by
Hu Solomon
Bought by
E Investment Properties Inc
Seller's Agent
Yoyi Mi
Smart Choice Realty, LLC
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 2003
Sold by
Babbini Ernie
Bought by
Hu Soloman K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2000
Sold by
Orizona Ltd Partnership
Bought by
Babbini Ernie and Babbini Ernest C

Purchase Details

Closed on
May 10, 1999
Sold by
Gray William and Gray Rhonda
Bought by
Orizona Ltd Partnership

Purchase Details

Closed on
Feb 9, 1995
Sold by
Pribbeno James H
Bought by
Gray William and Gray Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,780
Interest Rate
9.21%
Mortgage Type
Assumption
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Sj Properties Llc $272,000 Security Title Agency Inc
Sweetwater Holdings Llc $262,800 First American Title Ins Co
Sotomayor Emmanuel E Galindo -- Wfg National Title Ins Co
Sotomayor Emmanuel E Galindo $175,000 Security Title Agency Inc
Jjbl Properties Llc $147,000 Empire West Title Agency
E Investment Properties Inc $139,000 Empire West Title Agency
Hu Soloman K $150,000 Tsa Title Agency
Babbini Ernie $130,000 Security Title Agency
Orizona Ltd Partnership -- --
Gray William $60,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotomayor Emmanuel E Galindo $155,000
Previous Owner E Investment Properties Inc $145,469
Previous Owner Hu Soloman K $120,000
Previous Owner Gray William $19,780
Closed Gray William $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 For Sale $272,000 0.0% $167 / Sq Ft
03/29/2018 03/29/18 Price Changed $272,000 0.0% $167 / Sq Ft
03/22/2018 03/22/18 Sold $272,000 -4.1% $167 / Sq Ft
03/08/2018 03/08/18 For Sale $283,500 +7.9% $174 / Sq Ft
02/26/2016 02/26/16 Sold $262,800 -12.1% $162 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $299,000 +115.1% $184 / Sq Ft
04/28/2015 04/28/15 Sold $139,000 -0.6% $85 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $139,900 -- $86 / 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 $1,070 $9,557 -- --
2024 $1,058 $9,102 -- --
2023 $1,058 $43,920 $8,780 $35,140
2022 $1,014 $30,830 $6,160 $24,670
2021 $1,021 $26,730 $5,340 $21,390
2020 $991 $23,850 $4,770 $19,080
2019 $972 $19,650 $3,930 $15,720
2018 $948 $18,520 $3,700 $14,820
2017 $919 $14,260 $2,850 $11,410
2016 $913 $13,120 $2,620 $10,500
2015 $877 $10,960 $2,190 $8,770
Source: Public Records

Agents Affiliated with this Home

  • Jenn Wassermann

    Seller's Agent in 2018

    Jenn Wassermann

    West USA Realty

    (480) 948-5554

    13 Total Sales

    Jenn Wassermann
    Section Image
  • Jon Beydler

    Seller's Agent in 2016

    Jon Beydler

    Citypoint Arizona LLC

    (480) 600-6001

    90 Total Sales

    Jon Beydler
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Cheryl Beydler

    Valley of the Sun Real Estate

    Section Image
  • maha kapageridis

    Buyer's Agent in 2016

    maha kapageridis

    HomeSmart

    (480) 529-0938

    20 Total Sales

    maha kapageridis
    Section Image

  • Y

    Seller's Agent in 2015

    Yoyi Mi

    Smart Choice Realty, LLC

    (480) 966-2528

    29 Total Sales

    Yoyi Mi
    Section Image
  • Patrick O'Sullivan

    Buyer's Agent in 2015

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    29 Total Sales

    Patrick O'Sullivan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5733899

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-66-047D

Arizona Maricopa County Tempe 85281 Apache

1132 S Stratton Ln, Tempe, AZ

This home is located at 1132 S Stratton Ln, Tempe, AZ 85281 since 08 March 2018 and is currently estimated at $603,919, approximately $371 per square foot. This property was built in 1964. 1132 S Stratton Ln is a home located in Maricopa County with nearby schools including Thew 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

Nearby Homes