NOT LISTED FOR SALE

1229 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $326,000 - $492,000

1 Bed
1 Bath
1,388 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $145,000 $104 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,148/month

34 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Grass Covered Lot
  • Fireplace
  • Wood Fence
  • Heating Available

About This Home

As of March 2016

TEMPE INVESTMENT OPPORTUNITY! Don't miss out on the chance to make the most out of a multifamily zoned lot in the booming city of Tempe. Walking distance to ASU! NO TRESPASSING IN SINGLE FAMILY RESIDENCE. Previous occupants were cat hoarders. There will be absolutely no entry into the single family home. No utilities on to property. Fiduciary Asset. Sold ''as is'' and ''where is'' with no seller representations or warranties expressed or implied.Property to convey by Special Warranty Deed. Complete inspection prior to submitting. All offers submitted should have a waived due diligence period.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 01/21/2016

Co-Listed By

Jessica Morris

R.O.I. Properties License #SA659227000

Last Buyer's Agent

Jennifer Runyon

Jennifer M Runyon License #BR652484000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1954

Lot Details

  • 5,420 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 133-09-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: Apache Blvd & Rural Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1954
  • Tax Year: 2015
  • Directions: From Apache Blvd head south on Rural Rd, turn east on Spence Ave, property will be on south side of the road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: STANLEY PLAT
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 1388.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Dirt Front, Dirt Back, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Curry Elementary School
  • High School: Tempe 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: 5420.0
  • Parcel #: 133-09-055

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 733.0
  • Tax Book Number: 133.00
  • Tax Lot: 5
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 11, 2016
Sold by
Fitzsimmons Tamarah
Bought by
Feng Shui Living Real Estate Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Jennifer Runyon
Jennifer M Runyon
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$391,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,160
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Hale Joan Bucklew
Bought by
Hale Burcham T and The Hale Trust

Purchase Details

Closed on
Sep 27, 1994
Sold by
The Fifth National Banque Inc
Bought by
Csm Properties Inc
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
Feng Shui Living Real Estate Llc $145,000 Grand Canyon Title Agency
Hale Burcham T -- None Available
Csm Properties Inc -- Security Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $145,000 0.0% $104 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $145,000 -- $104 / 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 $882 $7,987 -- --
2024 $884 $7,607 -- --
2023 $884 $29,400 $5,880 $23,520
2022 $848 $22,400 $4,480 $17,920
2021 $854 $20,180 $4,030 $16,150
2020 $828 $17,460 $3,490 $13,970
2019 $812 $15,760 $3,150 $12,610
2018 $792 $13,470 $2,690 $10,780
2017 $869 $12,120 $2,420 $9,700
2016 $662 $6,770 $1,350 $5,420
2015 $733 $5,030 $1,000 $4,030
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beth Jo Zeitzer

    R.O.I. Properties

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jessica Morris

    R.O.I. Properties

  • J

    Buyer's Agent in 2016

    Jennifer Runyon

    Jennifer M Runyon

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5386786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-055

Arizona Maricopa County Tempe 85281 Downtown Tempe

1229 E Spence Ave, Tempe, AZ

This home is located at 1229 E Spence Ave, Tempe, AZ 85281 since 21 January 2016 and is currently estimated at $391,160, approximately $281 per square foot. This property was built in 1954. 1229 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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