NOT LISTED FOR SALE

1221 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $302,000 - $418,000

2 Beds
1 Bath
819 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2022

Last sale price $371,000 $453 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,975 / mo

8 Days on Market

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Tile Flooring
  • No HOA
  • Evaporated cooling system
  • Outdoor Storage

About This Home

As of June 2022

Right in the middle of all points of interest in Tempe, so close to ASU, this one is a fixer upper, and will be sold in as is condition, the value is on the land, but the possibilities are endless since you can tear it down and build a multiple unit complex, or you can build your dream home, there is a second structure in the back that could be a garage.

Last Agent to Sell the Property

Omar Zavaleta

eXp Realty License #SA516485000 Listed on: 05/19/2022

eXp Realty

Last Buyer's Agent

Omar GRI

Colonial Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1945

Lot Details

  • 8,426 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Block Exterior

Interior Spaces

  • 819 Sq Ft Home
  • 1-Story Property
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • North or South Exposure
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Stanley Plat Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-09-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1945

Lot Details

8,426 Sq Ft Lot

Listing Details

  • Cross Street: Rural and Apache BLVD
  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: N
  • Year Built: 1945
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: STANLEY PLAT
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 452.99
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Oven, Gas Range
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 819.0
  • Stories: 1

Exterior Features

  • Fencing: Wood, Chain Link
  • Exterior Features: Storage
  • Lot Features: North/South Exposure, Dirt Front, Dirt Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level
  • Construction Type: Block, Painted
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Curry Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8426.0
  • Parcel #: 133-09-051

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 473.0
  • Tax Book Number: 133.0
  • Tax Lot: 1
  • Tax Map Number: 9.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 23, 2022
Sold by
Bought by
Seller's Agent
Omar Zavaleta
eXp Realty
Buyer's Agent
Omar Zavaleta
eXp Realty
List Price
$350,000
Sold Price
$371,000
Premium/Discount to List
$21,000
6%
Current Estimated Value
$355,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,777
Avg. Annual Appreciation
-1.09%
Original Mortgage
$272,625
Outstanding Balance
$259,359
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$95,864

Purchase Details

Closed on
Oct 1, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$363,500 American Title Services
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $371,000 +6.0% $453 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $350,000 -- $427 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $609 $5,080 -- --
2024 $562 $4,838 -- --
2023 $562 $25,360 $5,070 $20,290
2022 $464 $19,070 $3,810 $15,260
2021 $473 $17,180 $3,430 $13,750
2020 $458 $14,430 $2,880 $11,550
2019 $449 $12,160 $2,430 $9,730
2018 $437 $10,050 $2,010 $8,040
2017 $423 $8,850 $1,770 $7,080
2016 $421 $4,730 $940 $3,790
2015 $407 $3,350 $670 $2,680
Source: Public Records

Agents Affiliated with this Home

  • Omar Zavaleta

    Seller's Agent in 2022

    Omar Zavaleta

    eXp Realty

    (602) 622-2028

    1 in this area

    44 Total Sales

    Omar Zavaleta
    Section Image

  • O

    Buyer's Agent in 2022

    Omar GRI

    Colonial Realty, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6402801

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-051

Arizona Maricopa County Tempe 85281 Downtown Tempe

1221 E Spence Ave, Tempe, AZ

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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