NOT LISTED FOR SALE

Estimated Value: $528,000 - $622,357

-- Bed
-- Bath
2,144 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $315,000 $147 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,464/month

About This Home

As of December 2019

This home is located at 1207 E Tempe Dr, Tempe, AZ 85281 since 29 December 2019 and is currently estimated at $593,339, approximately $276 per square foot. This property was built in 1982. 1207 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.

Last Agent to Sell the Property

Michael D'Elena

Compass License #SA644866000 Listed on: 12/29/2019

Compass

Co-Listed By

Hunter DiTallo

Compass License #SA677785000

Last Buyer's Agent

Michael D'Elena

NORTH&CO. License #SA644866000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1982

Lot Details

  • 7,579

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for sewer, cable TV, landscaping
  • The owner pays for water
  • Tax Lot 286
  • Assessor Parcel Number 132-13-135

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $3,048
  • Gross Income $18,810
  • Net Operating Income $17,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Scottsdale & Curry
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: From Scottsdale Rd. & Curry, North to Tempe, East to 1207
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: nrtc02
  • Co List Office Phone: 602-714-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 420.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 132-13-135

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 18810.0
  • Insurance Expense: 400.0
  • Maintenance Expense: 609.0
  • Property Net Operating Income: 17177.0
  • Annual Operating Expense: 3048.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1619.0
  • Tax Book Number: 132.00
  • Tax Lot: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Lowery Robert Jacob
Bought by
Rel 66 Llc
Total Days on Market
0
Current Estimated Value
$593,339

Purchase Details

Listed on
Dec 29, 2019
Closed on
Dec 23, 2019
Sold by
Guardino John D and Guardino Karen A
Bought by
Lowery Robert
Seller's Agent
Michael D'Elena
Compass
Buyer's Agent
Michael D'Elena
Compass
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Guardino John D and Guardino Karen A
Bought by
Guardino John D and Guardino Karen A

Purchase Details

Closed on
Sep 14, 2007
Sold by
Guardino Karen Ann
Bought by
Guardino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2007
Sold by
Gongora Ben and Gongora Abigail M
Bought by
Guardino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Tang Randall G
Bought by
Gongora Ben and Gongora Abigail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,840
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Rel 66 Llc -- None Listed On Document
Lowery Robert $315,000 First American Title Ins Co
Guardino John D -- None Available
Guardino John D -- None Available
Guardino John -- Land Title Agency Of Az Inc
Guardino John $280,000 Land Title Agency Of Az Inc
Gongora Ben $202,300 Russ Lyon Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guardino John D $148,200
Previous Owner Guardino John $165,000
Previous Owner Guardino John $165,000
Previous Owner Gongora Ben $325,000
Previous Owner Gongora Ben $25,000
Previous Owner Gongora Ben $161,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $315,000 -3.1% $147 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
12/29/2019 12/29/19 For Sale $325,000 -- $152 / 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 $1,784 $15,928 -- --
2024 $1,763 $15,169 -- --
2023 $1,763 $40,050 $8,010 $32,040
2022 $1,691 $32,320 $6,460 $25,860
2021 $1,703 $26,500 $5,300 $21,200
2020 $1,651 $23,580 $4,710 $18,870
2019 $1,619 $22,680 $4,530 $18,150
2018 $1,579 $17,550 $3,510 $14,040
2017 $1,532 $16,420 $3,280 $13,140
2016 $1,521 $13,570 $2,710 $10,860
2015 $1,461 $12,560 $2,510 $10,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6017876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-135