NOT LISTED FOR SALE

1201 E Weber Dr Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $545,000 - $594,064

2 Beds
-- Bath
2,028 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 30, 2022

Last sale price $520,000 $256 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,180/month

50 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of April 2022

Excellent investment property with good cash flow. I have owned this unit for 11 years and occupancy has been very high. Solid tenants in both units. Two 2 Bedroom/1 Bath units. Each unit has it's own laundry and a large private backyard with an RV gate. Fully occupied, tenants pay for their own utilities. Please do not disturb the tenants. Current gross income 2600/month

Last Agent to Sell the Property

Sid Rosenblatt

My Home Group Real Estate License #SA677298000 Listed on: 02/07/2022

My Home Group Real Estate

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1979

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • RV or Boat Parking

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 132-13-018

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7257 sq ft
  • North Tempe 2 Subdivision

Building Details

  • Operating Expense $3,616
  • Gross Income $29,580
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,624

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Rural and Mckellips
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: RV/Access Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

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

Lot Info

  • Lot Size: 7257 sq ft
  • Additional Parcels: No
  • Parcel #: 132-13-018

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 29580.0
  • Insurance Expense: 1269.0
  • Maintenance Expense: 723.0
  • Property Net Operating Income: 26400.0
  • Annual Operating Expense: 3616.0

Tax Info

  • Tax Annual Amount: 1624.0
  • Tax Book Number: 132.00
  • Tax Lot: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Jun 2, 2022
Sold by
Daniel & Tiffany Rosenbaum Family Trust
Bought by
Your Dream Vacation Llc
Seller's Agent
Sid Rosenblatt
My Home Group Real Estate
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$545,000
Sold Price
$520,000
Premium/Discount to List
-$25,000
-4.59%
Total Days on Market
50
Current Estimated Value
$572,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,516
Avg. Annual Appreciation
3.12%

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 31, 2022
Sold by
Daniel & Tiffany Rosenbaum Family Trust
Bought by
Your Dream Vacation Llc
Seller's Agent
Sid Rosenblatt
My Home Group Real Estate
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$545,000
Sold Price
$520,000
Premium/Discount to List
-$25,000
-4.59%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Rosenblatt Sid
Bought by
Doc Sid Properties Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
U S Bank National Association
Bought by
Rosenblatt Sid

Purchase Details

Closed on
May 13, 2009
Sold by
Vanegas Maria I
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 24, 2006
Sold by
Tafralis Ioanis
Bought by
Vanegas Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Tafralis Yeraldine
Bought by
Tafralis Ioanis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2003
Sold by
Sahota Chanchal S
Bought by
Tafralis Ioanis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Your Dream Vacation Llc -- --
Your Dream Vacation Llc -- --
Doc Sid Properties Llc -- None Available
Rosenblatt Sid $99,000 Guaranty Title Agency
U S Bank National Association $200,458 First American Title
Vanegas Maria I $195,000 Fidelity National Title
Tafralis Ioanis -- Grand Canyon Title Agency In
Tafralis Ioanis $139,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanegas Maria I $103,000
Previous Owner Vanegas Maria I $185,250
Previous Owner Tafralis Ioanis $137,000
Previous Owner Tafralis Ioanis $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2022 04/30/22 Sold $520,000 -4.6% $256 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $545,000 0.0% $269 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $545,000 -3.5% $269 / Sq Ft
02/24/2022 02/24/22 For Sale $565,000 0.0% $279 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $565,000 -- $279 / 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 $1,702 $15,192 -- --
2024 $1,681 $14,469 -- --
2023 $1,681 $38,300 $7,660 $30,640
2022 $1,613 $30,960 $6,190 $24,770
2021 $1,624 $25,400 $5,080 $20,320
2020 $1,575 $22,530 $4,500 $18,030
2019 $1,545 $21,650 $4,330 $17,320
2018 $1,506 $18,480 $3,690 $14,790
2017 $1,462 $15,670 $3,130 $12,540
2016 $1,451 $12,910 $2,580 $10,330
2015 $1,394 $11,960 $2,390 $9,570
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sid Rosenblatt

    My Home Group

    (480) 287-4747

    1 in this area

    14 Total Sales

    Sid Rosenblatt
    Section Image
  • Daniel Rosenbaum

    Buyer's Agent in 2022

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    1 in this area

    29 Total Sales

    Daniel Rosenbaum
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6352513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-018

Arizona Maricopa County Tempe 85281 North Tempe

1201 E Weber Dr, Tempe, AZ

This home is located at 1201 E Weber Dr, Tempe, AZ 85281 since 07 February 2022 and is currently estimated at $572,516, approximately $282 per square foot. This property was built in 1979. 1201 E Weber 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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