1223 E Spence Ave Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated Value: $434,000 - $502,000
3
Beds
2
Baths
1,477
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- 0.21 Acre Lot
- Corner Lot
- Patio
- Property is near public transit
- No HOA
- No Interior Steps
About This Home
As of May 2019Strong location near LRT and ASU. Good size 3 bedroom/2+ bath house that needs repairs and upgrades. Currently rented to a long-term tenant on a month-to-month lease at $850/month. If buyer plans to obtain financing, seller prefers conventional. 8988 SF lot. Great potential. Possible land banking opportunity with lot directly south available in the right situation. Additional 7500 SF lot/triplex lot offers assemblage potential that would total 16,488 +/- SF with R-4 zoning. Buyer to complete and rely on own due diligence.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 02/28/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $870
Year Built
- Built in 1956
Lot Details
- 8,988 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Corner Lot
Parking
- 1 Carport Space
Home Design
- Fixer Upper
- Composition Roof
- Block Exterior
Interior Spaces
- 1,477 Sq Ft Home
- 1-Story Property
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Schools
- Curry Elementary School
- Connolly Middle School
- Mcclintock High School
Additional Features
- No Interior Steps
- Patio
- Property is near public transit
- Evaporated cooling system
Community Details
- No Home Owners Association
- Stanley Plat Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 133-09-052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2023
Sold by
Delong Carmelita R
Bought by
Csd4 Property Llc
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,980
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$162,886
Purchase Details
Closed on
Sep 15, 2023
Sold by
Csd4 Property Llc
Bought by
Delong Carmelita R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,980
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$162,886
Purchase Details
Listed on
Feb 28, 2019
Closed on
Apr 26, 2019
Sold by
Lambard Mark
Bought by
Csd4 Property Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Will Carter
Real Broker
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Purchase Details
Closed on
Mar 1, 2004
Sold by
D & D Quality Properties Llc
Bought by
City Of Phoenix
Purchase Details
Closed on
Sep 30, 1998
Sold by
Chamberlain Michael
Bought by
D & D Quality Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 1998
Sold by
Dong Daniel L and Dong Susan E
Bought by
Chamberlain Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 17, 1998
Sold by
Toney Deidra Marie
Bought by
Lambard Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Similar Homes in Tempe, AZ
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Csd4 Property Llc | -- | None Listed On Document | |
| Delong Carmelita R | -- | Clear Title Agency Of Arizona | |
| Csd4 Property Llc | $250,000 | Empire West Title Agency Llc | |
| City Of Phoenix | -- | Chicago Title Insurance Co | |
| D & D Quality Properties Llc | $360,000 | Stewart Title & Trust | |
| Chamberlain Michael | $238,000 | Fidelity Title | |
| Lambard Mark | $90,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delong Carmelita R | $300,000 | |
| Previous Owner | Lambard Mark | $101,550 | |
| Previous Owner | D & D Quality Properties Llc | $270,000 | |
| Previous Owner | Chamberlain Michael | $200,000 | |
| Previous Owner | Lambard Mark | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2019 05/02/19 | Sold | $250,000 | -9.1% | $169 / Sq Ft |
| 04/10/2019 04/10/19 | Pending | -- | -- | -- |
| 02/25/2019 02/25/19 | For Sale | $275,000 | -- | $186 / 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 | $983 | $8,774 | -- | -- |
| 2024 | $971 | $8,356 | -- | -- |
| 2023 | $971 | $30,360 | $6,070 | $24,290 |
| 2022 | $931 | $23,070 | $4,610 | $18,460 |
| 2021 | $938 | $20,860 | $4,170 | $16,690 |
| 2020 | $909 | $17,930 | $3,580 | $14,350 |
| 2019 | $892 | $16,970 | $3,390 | $13,580 |
| 2018 | $870 | $14,550 | $2,910 | $11,640 |
| 2017 | $844 | $13,180 | $2,630 | $10,550 |
| 2016 | $838 | $7,370 | $1,470 | $5,900 |
| 2015 | $805 | $5,580 | $1,110 | $4,470 |
Source: Public Records
Agents Affiliated with this Home
-
James Stephens
J
Seller's Agent in 2019
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
52 Total Sales
-
Will Carter
Buyer's Agent in 2019
Will Carter
Real Broker
(602) 809-1224
1 in this area
216 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5888900
APN: 133-09-052
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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