1224 W Howe St Unit 29 Tempe, AZ 85281
Gililland NeighborhoodEstimated Value: $804,000 - $871,189
0.18
Acre
$4,565,539
Price per Acre
7,863
Sq Ft Lot
About This Lot
As of November 2023This is an opportunity to create your vision of a home in the heart of Tempe with no HOA. Design and construct your custom home from the ground up, tailoring every detail to your preferences and lifestyle. The adjacent lot is also for sale, which means you could own both lots to create a unique setup. Nestled in a coveted neighborhood of Tempe, known for its thriving community, excellent schools, and easy access to amenities, parks, and entertainment. Conveniently situated near major roads, highways, and public transportation, ensuring seamless connectivity to Phoenix and beyond. With the area's upward market trends, this lot presents an incredible opportunity for investors looking to capitalize on Arizona's growing real estate market. This exceptional property stands out as a rare opportunity in an established neighborhood, where vacant lots are becoming scarce. Whether you're envisioning a luxurious family residence, an architectural masterpiece, or a lucrative investment venture, this lot offers the flexibility and potential to turn your dreams into reality. No HOA means opportunity to create a airbnb, vrbo, assisted living center, & more. You have everything from Tempe Beach Park, Tempe Town Lake, ASU Main campus, and Mill Ave just down the way!
Property Details
Property Type
- Land
Est. Annual Taxes
- $885
Lot Details
- 7,863 Sq Ft Lot
- Property fronts an alley
- Property is zoned R1-6
Schools
- Holdeman Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Community Details
- No Home Owners Association
- Westgate Sub 3 Subdivision
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 124-76-077
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2025
Sold by
Fernandez Wilbert and Fernandez Elizabeth Juliette
Bought by
Rafiq Muhammad and Rafiq Ulfat
Total Days on Market
75
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
$648,000
Outstanding Balance
$646,375
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$175,422
Purchase Details
Closed on
Feb 11, 2022
Sold by
Ksl Investments Llc
Bought by
Ksl Holdings Llc
Purchase Details
Closed on
Feb 27, 2020
Sold by
Smart Acquistoins Llc
Bought by
Ksl Invesments Llc
Purchase Details
Closed on
Feb 6, 2019
Sold by
Smart Acquisitions Llc
Bought by
Us Vets Constructon Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
15%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 18, 2018
Closed on
Oct 15, 2018
Sold by
Wilson Glenn L and Wilson Son Thi Dinh
Bought by
Smart Acquisitions Llc
Seller's Agent
Twan Le
DeLex Realty
Buyer's Agent
Paige Lilienfeld
Realty ONE Group
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.95%
Original Mortgage
$150,000
Interest Rate
4.6%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 21, 2003
Sold by
Wells Family Enterprises Lp
Bought by
Dinh Son T
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
Similar Property in Tempe, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rafiq Muhammad | $810,000 | Magnus Title Agency | |
| Ksl Holdings Llc | -- | None Listed On Document | |
| Ksl Holdings Llc | -- | None Listed On Document | |
| Ksl Invesments Llc | $150,000 | None Available | |
| Us Vets Constructon Inc | -- | None Available | |
| Smart Acquisitions Llc | $150,000 | North American Title Company | |
| Dinh Son T | $50,000 | Arizona Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rafiq Muhammad | $648,000 | |
| Previous Owner | Us Vets Construction Inc | $150,000 | |
| Previous Owner | Smart Acquisitions Llc | $150,000 | |
| Previous Owner | Smart Acquisitions Llc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $220,000 | -15.4% | -- |
| 11/30/2023 11/30/23 | Price Changed | $260,000 | 0.0% | -- |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $260,000 | 0.0% | -- |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $260,000 | +67.7% | -- |
| 10/19/2018 10/19/18 | Sold | $155,000 | 0.0% | -- |
| 09/22/2018 09/22/18 | Pending | -- | -- | -- |
| 09/17/2018 09/17/18 | Price Changed | $155,000 | -6.1% | -- |
| 08/31/2018 08/31/18 | Price Changed | $165,000 | -2.9% | -- |
| 08/24/2018 08/24/18 | Price Changed | $170,000 | -2.9% | -- |
| 08/18/2018 08/18/18 | For Sale | $175,000 | -- | -- |
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 | $934 | $8,338 | $8,338 | -- |
| 2024 | $923 | $7,941 | $7,941 | -- |
| 2023 | $923 | $26,970 | $26,970 | $0 |
| 2022 | $885 | $23,295 | $23,295 | $0 |
| 2021 | $891 | $18,510 | $18,510 | $0 |
| 2020 | $864 | $20,115 | $20,115 | $0 |
| 2019 | $848 | $12,705 | $12,705 | $0 |
| 2018 | $827 | $10,830 | $10,830 | $0 |
| 2017 | $802 | $9,105 | $9,105 | $0 |
| 2016 | $797 | $7,065 | $7,065 | $0 |
| 2015 | $816 | $8,224 | $8,224 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Barney
Seller's Agent in 2023
David Barney
Fathom Realty
(480) 252-6459
2 in this area
259 Total Sales
-
William Lee
W
Seller Co-Listing Agent in 2023
William Lee
Fathom Realty
(623) 326-4661
2 in this area
4 Total Sales
-
Claudia Jara
Buyer's Agent in 2023
Claudia Jara
Realty One Group
(602) 363-1321
3 in this area
48 Total Sales
-
Seller's Agent in 2018
Twan Le
DeLex Realty
(480) 347-7420
-
Buyer's Agent in 2018
Paige Lilienfeld
Realty One Group
(303) 733-5335
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6599463
APN: 124-76-077
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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