NOT LISTED FOR SALE

1155 E Tempe Dr Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $447,000 - $488,000

4 Beds
2 Baths
1,218 Sq Ft
$384/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $498,000 $409 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,547/month

46 Days on Market

Highlights

  • 0.17 Acre Lot
  • Heating Available
  • 1-Story Property
  • No HOA

About This Home

As of July 2022

This property is a great investment opportunity for anyone looking to expand their portfolio. This building has recently been divided into two units. The left unit is a 3 bedroom and 1 bath. The right unit is a studio with 1 bath. Both units have fully remodeled kitchens, fresh interior paint, and new plumbing PVC. This property is located in a zoning
R-2 Multifamily with great potential to build additional units. Moreover, both units come fully furnished and currently have Travel Nurses as tenants. Rental prices range from $1,500 to $3,000 with low property taxes. Do not miss out on this profitable investment opportunity!

Last Agent to Sell the Property

Yvette Milan

My Home Group Real Estate License #SA673823000 Listed on: 05/16/2022

My Home Group Real Estate

Last Buyer's Agent

Nicolas Kane

Hometelier License #BR685718000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1956

Lot Details

  • 7,593 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Block Exterior

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)
  • North Tempe 3 Subdivision

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number 132-13-134

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd & Tempe Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1956
  • Tax Year: 2021
  • Directions: Head North on Scottsdale Rood, Turn East on Tempe Drive and head straight down, the destination will be on your right hand side
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: NORTH TEMPE 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other (See Remarks)
  • Living Area: 1218.0
  • Stories: 1
  • Fireplace:Other (See Remarks)14: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7593.0
  • Parcel #: 132-13-134
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unkown

Tax Info

  • Tax Annual Amount: 780.0
  • Tax Book Number: 132.00
  • Tax Lot: 285
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 26, 2022
Sold by
Daniela Burciaga
Bought by
Loeb Jeremy
Seller's Agent
Yvette Milan
My Home Group Real Estate
Buyer's Agent
Nicolas Kane
Hometelier
List Price
$535,000
Sold Price
$498,000
Premium/Discount to List
-$37,000
-6.92%
Current Estimated Value
$467,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,576
Avg. Annual Appreciation
-3.17%
Original Mortgage
$373,500
Outstanding Balance
$358,768
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$90,604

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 21, 2021
Sold by
Cuellar Santos
Bought by
Burciaga Daniela
Seller's Agent
Karina Villa Hernandez
Caballero Realty
Buyer's Agent
Yvette Milan
My Home Group Real Estate
List Price
$415,000
Sold Price
$365,000
Premium/Discount to List
-$50,000
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.05%
Original Mortgage
$354,050
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2006
Sold by
Srivijraj Llc
Bought by
Cuellar Santos

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
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Williams Ernest Eugene and Williams Joan E
Bought by
Srivijraj Llc
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 Buyer Sale Price Title Company
Loeb Jeremy $498,000 Driggs Title Agency
Burciaga Daniela $365,000 Driggs Title Agency Inc
Cuellar Santos $200,000 Security Title Agency Inc
Srivijraj Llc $125,000 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeb Jeremy $373,500
Previous Owner Burciaga Daniela $354,050
Previous Owner Cuellar Santos $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $498,000 -1.4% $409 / Sq Ft
06/20/2022 06/20/22 Price Changed $505,000 -3.8% $415 / Sq Ft
06/02/2022 06/02/22 Price Changed $525,000 -1.9% $431 / Sq Ft
05/10/2022 05/10/22 For Sale $535,000 +46.6% $439 / Sq Ft
10/28/2021 10/28/21 Sold $365,000 -3.9% $231 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/04/2021 09/04/21 Price Changed $380,000 -2.6% $241 / Sq Ft
08/27/2021 08/27/21 Price Changed $390,000 -2.5% $247 / Sq Ft
08/20/2021 08/20/21 Price Changed $399,900 -3.6% $253 / Sq Ft
08/07/2021 08/07/21 For Sale $415,000 -- $263 / 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 $811 $8,372 -- --
2024 $801 $7,973 -- --
2023 $801 $23,630 $4,720 $18,910
2022 $765 $15,670 $3,130 $12,540
2021 $780 $14,250 $2,850 $11,400
2020 $754 $13,500 $2,700 $10,800
2019 $739 $11,930 $2,380 $9,550
2018 $720 $9,350 $1,870 $7,480
2017 $697 $9,310 $1,860 $7,450
2016 $694 $6,950 $1,390 $5,560
2015 $671 $6,260 $1,250 $5,010
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2022

    Yvette Milan

    My Home Group

    (623) 271-8820

    2 in this area

    63 Total Sales

    Yvette Milan
    Section Image

  • N

    Buyer's Agent in 2022

    Nicolas Kane

    Hometelier

    (480) 313-0634

    1 in this area

    25 Total Sales

    Nicolas Kane
    Section Image

  • K

    Seller's Agent in 2021

    Karina Villa Hernandez

    Caballero Realty

    (623) 297-9767

    1 in this area

    17 Total Sales

    Karina Villa Hernandez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6400639

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-134

Arizona Maricopa County Tempe 85281 North Tempe

1155 E Tempe Dr, Tempe, AZ

This home is located at 1155 E Tempe Dr, Tempe, AZ 85281 since 16 May 2022 and is currently estimated at $467,424, approximately $383 per square foot. This property was built in 1956. 1155 E Tempe Dr 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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