NOT LISTED FOR SALE

1222 E Harry St Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $446,000 - $532,000

4 Beds
-- Bath
1,456 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $299,900 $206 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,709/month

17 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heating Available

About This Home

As of October 2019

Here is your opportunity to own in an up and coming neighborhood. Live on one side and collect rent on the other. A white, bright 2 unit duplex with 2 Bedrooms, 1 bath, private patio with 728 sq ft per side. Both units have been remodeled with two new A/Cs. New kitchen and bathroom cabinets, backsplash, countertops, and all tile floor. Low maintanence. Appliances provided by owner.***DO NOT DISTURB THE TENANTS****

Last Agent to Sell the Property

Dawn McDowell

HomeSmart License #SA562826000 Listed on: 09/04/2019

HomeSmart

Last Buyer's Agent

Mike Ratzken

Two Brothers Realty & Co License #BR636869000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1978

Lot Details

  • 7,579

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 192
  • Assessor Parcel Number 132-13-041

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60 x 126
  • North Tempe 2 Subdivision

Building Details

  • Operating Expense $2,866
  • Gross Income $16,800
  • Net Operating Income $15,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,281

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Road /Weber Drive
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1978
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Subdivision Name: NORTH TEMPE 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1100.0

Schools

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

Lot Info

  • Lot Size: 60 x 126
  • Additional Parcels: No
  • Parcel #: 132-13-041

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Insurance Expense: 485.0
  • Property Net Operating Income: 15215.0
  • Annual Operating Expense: 2866.0

Tax Info

  • Tax Annual Amount: 1281.0
  • Tax Book Number: 132.00
  • Tax Lot: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 27, 2019
Sold by
Mcdowell Michael D and Mcdowell Dawn J
Bought by
Allen Lorenzo
Seller's Agent
Dawn McDowell
HomeSmart
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$498,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,936
Avg. Annual Appreciation
8.47%
Original Mortgage
$294,467
Outstanding Balance
$254,761
Interest Rate
2.91%
Mortgage Type
FHA
Estimated Equity
$244,075

Purchase Details

Closed on
Feb 19, 2003
Sold by
Mcdowell Joseph J and Mcdowell Laura G
Bought by
Mcdowell Michael E

Purchase Details

Closed on
Oct 16, 2002
Sold by
Rader Martha H and Kurth Linda A
Bought by
Mcdowell Michael D and Mcdowell Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Allen Lorenzo $299,900 Chicago Title Agency
Mcdowell Michael D -- Chicago Title Agency Inc
Mcdowell Michael E -- --
Mcdowell Michael D $115,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Lorenzo $294,467
Previous Owner Mcdowell Michael D $92,000
Closed Mcdowell Michael D $11,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $299,900 0.0% $206 / Sq Ft
10/16/2019 10/16/19 For Sale $299,900 0.0% $206 / Sq Ft
09/03/2019 09/03/19 For Sale $299,900 -- $206 / 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 $1,510 $12,597 -- --
2024 $1,394 $11,997 -- --
2023 $1,394 $30,950 $6,190 $24,760
2022 $1,337 $25,070 $5,010 $20,060
2021 $1,346 $20,810 $4,160 $16,650
2020 $1,306 $18,400 $3,680 $14,720
2019 $1,281 $17,360 $3,470 $13,890
2018 $1,249 $14,750 $2,950 $11,800
2017 $1,212 $12,580 $2,510 $10,070
2016 $1,203 $10,360 $2,070 $8,290
2015 $1,156 $9,470 $1,890 $7,580
Source: Public Records

Agents Affiliated with this Home

  • Dawn McDowell

    Seller's Agent in 2019

    Dawn McDowell

    HomeSmart

    (480) 251-8158

    17 Total Sales

    Dawn McDowell
    Section Image
  • Mike Ratzken

    Buyer's Agent in 2019

    Mike Ratzken

    Two Brothers Realty & Co

    (480) 232-9990

    5 in this area

    271 Total Sales

    Mike Ratzken
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5973531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-041

Arizona Maricopa County Tempe 85281 North Tempe

1222 E Harry St, Tempe, AZ

Not Listed for Sale

MultiFamily

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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