Seller's Agent in 2018
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
(602) 620-4263
108 Total Sales
1231 E Tempe Dr Tempe, AZ 85281
North Tempe NeighborhoodEstimated Value: $480,000 - $604,881
Studio
--
Bath
1,836
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceiling Fan
- Heat Pump System
- Ceramic Tile Flooring
About This Home
As of October 2018Buyer couldn't perform! Priced at appraised value! Their loss is your opportunity to add this Tempe Duplex to your investment portfolio. Below market rents. Excellent north Tempe location near ASU, 202 freeway,Tempe Town Lakes and Downtown Scottsdale. The unit mix consists of large, 918 sq ft units with 2 bedrooms, 1 bath. Both units have newer 2016 HVAC units, new roof 2018 and are individually metered with private fenced yards. Washer and Dryer are also included for each unit. Fully leased with long term tenants. Do Not walk the property. Do Not speak to tenants. Drive by only.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #SA655771000 Listed on: 07/17/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,174
Year Built
- Built in 1979
Lot Details
- 7,275
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Schools
- Mckemy Middle Elementary School
- Cecil Shamley Middle School
- Mcclintock High School
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water
- Tax Lot 290
- Assessor Parcel Number 132-13-139
Community Details
Overview
- 2 Units
- Building Dimensions are 7,281
- North Tempe 3 Subdivision
Building Details
- Operating Expense $4,718
- Gross Income $18,000
- Net Operating Income $13,282
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2018
Closed on
Oct 9, 2018
Sold by
Freauff James E
Bought by
Tahiru Zachari
Seller's Agent
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$279,500
Sold Price
$279,000
Premium/Discount to List
-$500
-0.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,970
Avg. Annual Appreciation
9.45%
Original Mortgage
$273,946
Outstanding Balance
$237,603
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$299,367
Purchase Details
Closed on
Dec 30, 2013
Sold by
Freauff James E and Freauff Nancy L
Bought by
Freauff James E and Freauff Nancy L
Purchase Details
Closed on
May 1, 2013
Sold by
Freauff James E and Freauff Nancy L
Bought by
Freauff James E and Freauff Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2013
Sold by
Freauff Gregg and Freauff Rebecca
Bought by
Freauff James E and Freauff Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2009
Sold by
Freauff James E and Freauff Nancy L
Bought by
Freauff James E and Freauff Nancy L
Purchase Details
Closed on
Jun 29, 2009
Sold by
First Horizon Home Loans
Bought by
Freauff James E and Freauff Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2008
Sold by
Gaa Malaya M
Bought by
First Horizon Home Loans
Purchase Details
Closed on
Sep 21, 2005
Sold by
Mcdowell Michael
Bought by
Gaa Malaya M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2005
Sold by
Gaa Alberto B
Bought by
Gaa Malaya M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 2002
Sold by
Rader Martha H and Kurth Linda A
Bought by
Mcdowell Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.05%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Tahiru Zachari | $279,000 | Old Republic Title Agency | |
| Freauff James E | -- | None Available | |
| Freauff James E | -- | None Available | |
| Freauff James E | -- | Grand Canyon Title Agency In | |
| Freauff James E | -- | None Available | |
| Freauff James E | $155,000 | The Talon Group Arrowhead | |
| First Horizon Home Loans | $144,500 | None Available | |
| Gaa Malaya M | $270,000 | Capital Title Agency Inc | |
| Gaa Malaya M | -- | Capital Title Agency Inc | |
| Mcdowell Michael D | $128,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tahiru Zachari | $273,946 | |
| Previous Owner | Freauff James E | $117,600 | |
| Previous Owner | Freauff James E | $116,250 | |
| Previous Owner | Gaa Malaya M | $214,800 | |
| Previous Owner | Gaa Malaya M | $214,800 | |
| Previous Owner | Mcdowell Michael D | $102,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2018 10/26/18 | Sold | $279,000 | -0.2% | $152 / Sq Ft |
| 09/20/2018 09/20/18 | Pending | -- | -- | -- |
| 09/17/2018 09/17/18 | For Sale | $279,500 | 0.0% | $152 / Sq Ft |
| 08/08/2018 08/08/18 | Pending | -- | -- | -- |
| 07/17/2018 07/17/18 | For Sale | $279,500 | -- | $152 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,463 | $12,209 | -- | -- |
| 2024 | $1,351 | $11,627 | -- | -- |
| 2023 | $1,351 | $35,900 | $7,180 | $28,720 |
| 2022 | $1,296 | $29,030 | $5,800 | $23,230 |
| 2021 | $1,305 | $23,900 | $4,780 | $19,120 |
| 2020 | $1,265 | $21,180 | $4,230 | $16,950 |
| 2019 | $1,241 | $20,250 | $4,050 | $16,200 |
| 2018 | $1,211 | $17,270 | $3,450 | $13,820 |
| 2017 | $1,174 | $14,670 | $2,930 | $11,740 |
| 2016 | $1,166 | $12,080 | $2,410 | $9,670 |
| 2015 | $1,120 | $11,150 | $2,230 | $8,920 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Rickli
-
Lynne Rivera
Seller Co-Listing Agent in 2018
Lynne Rivera
Better Homes & Gardens Real Estate SJ Fowler
(602) 316-5034
86 Total Sales
-
Mike Ratzken
Buyer's Agent in 2018
Mike Ratzken
Two Brothers Realty & Co
(480) 232-9990
5 in this area
270 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5797768
APN: 132-13-139
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
Nearby Homes
- 1231 N Oleander St
- 1252 E Curry Rd
- 1244 N Rose St
- 1248 E Harry St
- 1424 N Scovel St
- 1016 E Tempe Dr
- 1004 E Tempe Dr
- 1319 E Susan Ln
- 1308 N Esther St
- 1113 E Marigold Ln
- 1061 E Susan Ln
- 1018 E Marigold Ln
- 1031 E Lilac Dr
- 1231 E Bluebell Ln
- 700 E Mesquite Cir Unit O210
- 700 E Mesquite Cir Unit L107
- 700 E Mesquite Cir Unit P114
- 609 E Mesquite Cir Unit D 131
- 925 N College Ave Unit C110
- 1407 E Mckellips Rd
- 1231 E Tempe Dr Unit A
- 1225 E Tempe Dr
- 1225 E Tempe Dr Unit B
- 0 E Tempe Dr
- 1219 E Henry St
- 1143 N Oleander St
- 1232 E Henry St
- 1232 E Henry St Unit 2
- 1232 E Henry St Unit 1
- 1239 E Tempe Dr
- 1226 E Henry St
- 1137 N Oleander St
- 1215 E Tempe Dr
- 1220 E Henry St
- 1224 N Oleander St
- 1224 E Tempe Dr
- 1131 N Oleander St
- 1218 E Tempe Dr
- 1207 E Tempe Dr Unit A
- 1207 E Tempe Dr