S
Seller's Agent in 2023
Sherman Weekes
Crest Premier Properties
(480) 706-0160
17 Total Sales
1205 W University Dr Tempe, AZ 85281
Gililland Neighborhood
--
Bed
--
Bath
1,608
Sq Ft
7,405
Sq Ft Lot
Highlights
- Central Air
- Concrete Flooring
- Heat Pump System
- Ceiling Fan
About This Home
As of March 2017Fabulous location to own a duplex on a large, corner lot with frontage on University Drive. Located near the heart of Tempe and minutes from Phoenix, Scottsdale, Downtown Tempe, Rio Salado, Tempe Town Lakes and ASU. Below market rents offer a perfect opportunity to re-position this property. The location is a prime opportunity for a remodel or redevelopment into new multi-family, townhouse or multi-use project. Continue to collect income from the current units while you are planning. All facts and figures approximate buyer to verify to their satisfaction.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #SA655771000 Listed on: 03/09/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,216
Year Built
- Built in 1977
Home Design
- Block Exterior
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Concrete
- Vinyl
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Central Air
- 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
- Tax Lot 7
- Assessor Parcel Number 124-74-007
Community Details
Overview
- 2 Units
- Building Dimensions are 7728
- Westlake Subdivision
Building Details
- Operating Expense $1,216
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2017
Closed on
Mar 22, 2017
Sold by
Carson Robert A and Carson Sally J
Bought by
Yeary Joseph Mack
Seller's Agent
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Sherman Weekes
Crest Premier Properties
List Price
$299,950
Sold Price
$291,000
Premium/Discount to List
-$8,950
-2.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,868
Avg. Annual Appreciation
9.44%
Original Mortgage
$165,000
Outstanding Balance
$138,702
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$479,390
Purchase Details
Closed on
Mar 5, 2012
Sold by
Carson Robert A and Carson Sally J
Bought by
Carson Robert A and Carson Sally J
Purchase Details
Closed on
Aug 25, 2007
Sold by
Carson Robert
Bought by
Carson Robert A and Carson Sally J
Purchase Details
Closed on
May 13, 2005
Sold by
Desert Haven Holdings Inc
Bought by
Carson Robert and Carson Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2005
Sold by
Desert Haven Holdings Inc
Bought by
Carson Robert and Carson Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2003
Sold by
Haight Robert N and Haight Kathleen J
Bought by
Lannuier D Neil and Gorges Elizabeth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $291,000 | Great American Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $285,000 | Camelback Title Agency Llc | |
| Warranty Deed | $285,000 | Camelback Title Agency Llc | |
| Warranty Deed | $139,500 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional | |
| Previous Owner | $228,000 | Purchase Money Mortgage | |
| Previous Owner | $228,000 | Purchase Money Mortgage | |
| Previous Owner | $111,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2023 11/01/23 | Rented | $1,295 | -2.3% | -- |
| 09/28/2023 09/28/23 | For Rent | $1,325 | 0.0% | -- |
| 03/31/2017 03/31/17 | Sold | $291,000 | -3.0% | $181 / Sq Ft |
| 03/29/2017 03/29/17 | Price Changed | $299,950 | 0.0% | $187 / Sq Ft |
| 03/09/2017 03/09/17 | Pending | -- | -- | -- |
| 03/09/2017 03/09/17 | For Sale | $299,950 | -- | $187 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,425 | $12,725 | -- | -- |
| 2024 | $1,408 | $12,119 | -- | -- |
| 2023 | $1,408 | $42,320 | $8,460 | $33,860 |
| 2022 | $1,351 | $32,380 | $6,470 | $25,910 |
| 2021 | $1,360 | $27,250 | $5,450 | $21,800 |
| 2020 | $1,319 | $24,760 | $4,950 | $19,810 |
| 2019 | $1,294 | $20,470 | $4,090 | $16,380 |
| 2018 | $1,262 | $16,870 | $3,370 | $13,500 |
| 2017 | $1,224 | $13,600 | $2,720 | $10,880 |
| 2016 | $1,216 | $12,200 | $2,440 | $9,760 |
| 2015 | $1,167 | $12,250 | $2,450 | $9,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Seller Co-Listing Agent in 2023
Euphemia Weekes
Crest Premier Properties
(480) 838-9558
10 Total Sales
-
Seller's Agent in 2017
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
(602) 620-4263
114 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5572242
APN: 124-74-007
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.
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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