$732,000
SOLD MAR 18, 2025
-- Bed
-- Bath
3,332 Sq Ft
0.26 Acres

Recently Sold

$220 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of March 2025

''INVESTMENT OPPORTUNITY ALERT!

LOCATION ! This incredible property in Tempe is walking distance to ASU, restaurants, hospital & more!

The property lot is a duplex and contains 2 address which are

1136 E Spence Ave Tempe AZ 85281 and
1346 S Terrace Rd Tempe Arizona 85281

Last Agent to Sell the Property

Nongnaphas Promkan

HomeSmart License #SA685369000 Listed on: 02/15/2025

HomeSmart

Last Buyer's Agent

Nongnaphas Promkan

HomeSmart License #SA685369000 Listed on: 02/15/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1960

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 133-09-031-L

Community Details

Overview

  • 1,960 Buildings
  • 2 Units
  • Building Dimensions are 11398
  • Jen Tilly Terrace Lots 13 18 Subdivision

Building Details

  • Operating Expense $2,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,551

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Fam
  • Number Of Buildings: 1960
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Directions: From Downtown Tempe: 1. Head east on E 5th St toward S Mill Ave 2. Turn left onto S Mill Ave 3. Turn right onto E University Dr 4. Continue onto E Apache Blvd 5. Turn left onto Rural Rd
  • Road Surface Type: Asphalt
  • Subdivision Name: JEN TILLY TERRACE LOTS 13-18
  • Tax Parcel Letter: L
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Disposal, None
  • Appliances Included:None38: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 11398
  • Additional Parcels: No
  • Parcel #: 133-09-031-L

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 2551.0

Tax Info

  • Tax Annual Amount: 2551.0
  • Tax Book Number: 133.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Mar 3, 2025
Sold by
Fite Phuthrida H and Hempimarnman Jirat
Bought by
Zheng Feng Qing
Seller's Agent
Nongnaphas Promkan
HomeSmart
Buyer's Agent
Nongnaphas Promkan
HomeSmart
List Price
$790,000
Sold Price
$732,000
Premium/Discount to List
-$58,000
-7.34%
Views
3
Current Estimated Value
$740,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,494
Avg. Annual Appreciation
-0.13%
Original Mortgage
$517,000
Outstanding Balance
$515,253
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$216,274

Purchase Details

Closed on
Feb 26, 2021
Sold by
Fite Phuthrida H
Bought by
Fite Phuthrida H and Hempimarnman Jirat

Purchase Details

Closed on
Jul 26, 2018
Sold by
Hempimarnman Wimon
Bought by
Hempimarnman Wimon and Fite Phuthrida H

Purchase Details

Listed on
Feb 13, 2017
Closed on
Jun 19, 2017
Sold by
Suttle Rockie Lee and The Rockie Lee Suttle Living T
Bought by
Hempimarnman Wimon
Seller's Agent
Desaree Suttle
Century 21 Northwest
Buyer's Agent
Patrida Fite
Sawadee Realty
List Price
$465,000
Sold Price
$405,000
Premium/Discount to List
-$60,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$305,000
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 2014
Sold by
Suttle Rockie
Bought by
Rockie Lee Suttle Living Trust

Purchase Details

Closed on
Mar 8, 2012
Sold by
Schwary John and Schwary John Raymond
Bought by
Unrelated Enterprises Llc

Purchase Details

Closed on
Sep 22, 2009
Sold by
Garcia Sylvia and Suttle Sylvia
Bought by
Suttle Rockie Lee

Purchase Details

Closed on
Feb 8, 2005
Sold by
Schwary John and Schwary John Raymond
Bought by
Suttle Rockie and Suttle Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Barlow Robert D
Bought by
Suttle Rockie and Suttle Sylvia

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
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 24, 2000
Sold by
Hixon Fred W and Hixon Fred
Bought by
Barlow Robert D
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $717,000 Pioneer Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $405,000 Security Title Agency Inc
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Chicago Title Insurance Co
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed $155,000 --
Warranty Deed $168,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,000 Seller Take Back
Previous Owner $305,000 Seller Take Back
Previous Owner $161,200 New Conventional
Previous Owner $155,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $732,000 -7.3% $220 / Sq Ft
02/16/2025 02/16/25 For Sale $790,000 +95.1% $237 / Sq Ft
06/22/2017 06/22/17 Sold $405,000 -12.9% $122 / Sq Ft
02/13/2017 02/13/17 For Sale $465,000 -- $140 / 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 $2,551 $22,777 -- --
2024 $2,521 $21,693 -- --
2023 $2,521 $71,350 $14,270 $57,080
2022 $2,418 $55,250 $11,050 $44,200
2021 $2,435 $47,410 $9,480 $37,930
2020 $2,361 $41,670 $8,330 $33,340
2019 $2,316 $27,900 $5,580 $22,320
2018 $2,259 $27,500 $5,500 $22,000
2017 $2,191 $24,930 $4,980 $19,950
2016 $2,176 $23,580 $4,710 $18,870
2015 $2,090 $21,650 $4,330 $17,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6808275

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-031L