$330,000
SOLD OCT 22, 2021

1272 S Price Rd Unit 80 Tempe, AZ 85281

Apache Neighborhood
0.38 Acre
$868,421 Price per Acre
16,553 Sq Ft Lot

Recently Sold

12% Below List Price

35 Days on Market

About This Lot

As of October 2021

This Centrally located lot is already ZONED R3 (Multifamily Res.) in the heart of Tempe. Imagine owning Acres in the Apache Redevelopment Zone (Orange Corridor) on the Tempe Transportation overlay District Land use Map. Walking distance to the Light Rail ''Park N Ride'' station on Apache/Price. Tempe Supports Re-Development here.
Questions: Please Call Seller Agent Mo Karbassian at 6022927218

Last Agent to Sell the Property

Mohammad Karbassian

Realty One Scottsdale LLC License #SA686153000 Listed on: 09/17/2021

Realty One Scottsdale LLC

Last Buyer's Agent

John Kovalik

DeLex Realty License #SA529382000

DeLex Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,183

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R3

Community Details

  • No Home Owners Association
  • Lola Vista Subdivision

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 132-72-040

Property Details

Property Type

Land

Est. Annual Taxes

$1,183

Lot Details

0

Listing Details

  • Cross Street: Apache Blvd/Price Rd Frontage Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R3
  • Tax Year: 2020
  • Directions: Next to Circle K-West on Apache Blvd. Right (N) on River, Right (E) on Howe. Right (S) to lot north of Circle K
  • Horses: No
  • Lot Size Acres: 0.38
  • Subdivision Name: LOLA VISTA
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks), City Electric
  • Water Source: City Franchise, Other

Condo/Co-op/Association

  • Association: 0
  • Association: No

Lot Info

  • Lot Size: 16494
  • Lot Size Sq Ft: 16493.0
  • Additional Parcels: No
  • Parcel #: 132-72-040
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1183.0
  • Tax Book Number: 132.00
  • Tax Lot: 80
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Sep 24, 2021
Sold by
Namiri Shahryar
Bought by
Tectum Llc
Seller's Agent
Mohammad Karbassian
Realty One Scottsdale LLC
Buyer's Agent
John Kovalik
DeLex Realty
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Aug 19, 2004
Sold by
Temple Shirley A
Bought by
Namiri Shahryar

Purchase Details

Closed on
Apr 5, 2002
Sold by
Temple Shirley A
Bought by
Temple Michael Allen and Temple Kyle Eugene
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $335,000 First American Title Ins Co
Cash Sale Deed $77,000 Transnation Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $750,000 +127.3% --
10/22/2021 10/22/21 Sold $330,000 -12.0% --
09/22/2021 09/22/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $375,000 -- --
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 $1,279 $11,417 $11,417 --
2024 $1,263 $10,873 $10,873 --
2023 $1,263 $48,780 $48,780 $0
2022 $1,212 $38,115 $38,115 $0
2021 $1,220 $37,725 $37,725 $0
2020 $1,183 $37,215 $37,215 $0
2019 $1,161 $23,130 $23,130 $0
2018 $1,132 $17,625 $17,625 $0
2017 $1,098 $14,745 $14,745 $0
2016 $1,091 $9,030 $9,030 $0
2015 $1,117 $10,016 $10,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6281177

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-72-040