NOT LISTED FOR SALE

1224 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $339,000 - $534,000

2 Beds
1 Bath
1,300 Sq Ft
$349/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $510,000 $392 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,471/month

53 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • No HOA
  • 0.2 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2024

Walking distance from ASU and public transportation! This home sits on a massive multi-family lot with development potential, split the lot into 3 separate parcels or build up to five units!

Originally built as a two-bedroom, two huge bonus rooms have been enclosed from the 1950s drive-thru carport. They can be utilized as bedrooms or converted back into a garage.

The spacious backyard is an entertainer's dream complete with mature trees and a large storage shed.

Properties like this rarely come on the market, don't miss out!

Last Agent to Sell the Property

Josiah Miller

West USA Realty License #SA707699000 Listed on: 02/15/2024

West USA Realty

Last Buyer's Agent

Henry Wang

eXp Realty License #SA552646000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1953

Lot Details

  • 8,605 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Open Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Attebery Tract Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 133-09-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$771

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: S Rural RD & E Spence AVE
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1953
  • Tax Year: 2023
  • Directions: Take S Rural RD to E Spence Avenue and turn East. The property is one block East of S Terrace RD.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: ATTEBERY TRACT
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, Laminate Counters
  • Living Area: 1300.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Storage
  • Lot Features: Desert Front, Natural Desert Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, RV Gate, Attch'd Gar Cabinets
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

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: 8605.0
  • Parcel #: 133-09-006

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 771.0
  • Tax Book Number: 133.00
  • Tax Lot: 6
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 30, 2024
Sold by
Felder Lena Rose
Bought by
Grey Zone Alpha Llc
Seller's Agent
Josiah Miller
West USA Realty
Buyer's Agent
Henry Wang
eXp Realty
List Price
$560,000
Sold Price
$510,000
Premium/Discount to List
-$50,000
-8.93%
Views
70
Current Estimated Value
$453,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,275
Avg. Annual Appreciation
-7.85%

Purchase Details

Closed on
Feb 10, 1998
Sold by
Felder Ray F
Bought by
Felder Lena Rose
Source: Public Records

Range of Values:

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Average Value
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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
Grey Zone Alpha Llc $510,000 Capital Title
Felder Lena Rose -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $510,000 -2.5% $392 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/24/2024 03/24/24 Price Changed $523,000 -0.9% $402 / Sq Ft
03/11/2024 03/11/24 Price Changed $528,000 -3.8% $406 / Sq Ft
03/09/2024 03/09/24 Price Changed $549,000 -1.1% $422 / Sq Ft
03/05/2024 03/05/24 Price Changed $555,000 -0.9% $427 / Sq Ft
02/15/2024 02/15/24 For Sale $560,000 -- $431 / 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 $780 $8,056 -- --
2024 $771 $7,672 -- --
2023 $771 $25,400 $5,080 $20,320
2022 $736 $19,080 $3,810 $15,270
2021 $750 $17,230 $3,440 $13,790
2020 $726 $14,460 $2,890 $11,570
2019 $712 $12,680 $2,530 $10,150
2018 $692 $10,560 $2,110 $8,450
2017 $199 $9,350 $1,870 $7,480
2016 $181 $7,330 $1,460 $5,870
2015 $160 $6,050 $1,210 $4,840
Source: Public Records

Agents Affiliated with this Home

  • Josiah Miller

    Seller's Agent in 2024

    Josiah Miller

    West USA Realty

    (480) 290-3239

    1 in this area

    38 Total Sales

    Josiah Miller
    Section Image
  • Henry Wang

    Buyer's Agent in 2024

    Henry Wang

    eXp Realty

    (480) 221-3112

    3 in this area

    257 Total Sales

    Henry Wang
    Section Image
  • Don Huhta

    Buyer Co-Listing Agent in 2024

    Don Huhta

    eXp Realty

    (480) 382-7653

    3 in this area

    73 Total Sales

    Don Huhta
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6659947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-006

Arizona Maricopa County Tempe 85281 Downtown Tempe

1224 E Spence Ave, Tempe, AZ

This home is located at 1224 E Spence Ave, Tempe, AZ 85281 since 15 February 2024 and is currently estimated at $453,725, approximately $349 per square foot. This property was built in 1953. 1224 E Spence Ave is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

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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