NOT LISTED FOR SALE

1301 W 3rd St Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $793,643

6 Beds
-- Bath
2,608 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $310,000 $119 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,574/month

2 Days on Market

About This Home

As of June 2016

Fully furnished Fourplex ready for your renters! This well maintained Fourplex was run by a ministry for the past several years. The property is Near ASU, Mill Ave, Tempe Town Park, shops, restaurants, and more! Buyer to verify all facts and figures.

Last Listed By

William Russell

HomeSmart License #SA644366000 Listed on: 05/20/2016

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1979

Lot Details

  • 8,364

Home Design

  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • Building Dimensions are 8359
  • Griffith Estates Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 124-28-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,092

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: PRIEST & UNIVERSITY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2015
  • Directions: from 202 exit to Priest, South of Rio Salado Pkwy to 3rd Street, East to property on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: GRIFFITH ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 8359
  • Additional Parcels: No
  • Parcel #: 124-28-038

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Eric And Laura Weber Family Revocable Li and Weber Eric Scott
Bought by
Catherine Scott Llc
Total Days on Market
2
Current Estimated Value
$793,643

Purchase Details

Closed on
Feb 25, 2020
Sold by
Weber Eric and Weber Laura C
Bought by
Weber Eric Scott and Weber Laura C

Purchase Details

Closed on
Apr 29, 2019
Sold by
Weber Eric
Bought by
Weber Laura C and Weber Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 27, 2016
Sold by
Weber Laura C
Bought by
Weber Eric
Seller's Agent
William Russell
HomeSmart
Buyer's Agent
Jacquelyn Shoffner
Real Broker
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$222,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 24, 2016
Sold by
Jesus Cares Ministries Inc
Bought by
Weber Eric
Seller's Agent
William Russell
HomeSmart
Buyer's Agent
Jacquelyn Shoffner
Real Broker
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2008
Sold by
Strohm Thomas K
Bought by
Jesus Cares Ministries Inc

Purchase Details

Closed on
Sep 23, 1998
Sold by
Jesus Care Ministries Inc
Bought by
Strohm Thomas K

Purchase Details

Closed on
Sep 1, 1998
Sold by
Pastore Paul E and Pastore Renee E
Bought by
Jesus Cares Ministries Inc

Purchase Details

Closed on
Feb 7, 1997
Sold by
Pastore Paul E and Pastore Renee E
Bought by
Pastore Paul E and Pastore Renee E

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 Buyer Sale Price Title Company
Catherine Scott Llc -- None Listed On Document
Weber Eric Scott -- None Available
Weber Laura C -- Old Republic Title Agency
Weber Eric -- Security Title Agency Inc
Weber Eric $310,000 Security Title Agency Inc
Jesus Cares Ministries Inc $135,000 None Available
Strohm Thomas K -- Capital Title Agency
Jesus Cares Ministries Inc -- Capital Title Agency
Pastore Paul E -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Laura C $320,000
Previous Owner Weber Eric $222,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $310,000 -11.4% $119 / Sq Ft
05/19/2016 05/19/16 For Sale $349,900 -- $134 / 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 $2,092 $18,677 -- --
2024 $2,067 $17,788 -- --
2023 $2,067 $48,860 $9,770 $39,090
2022 $1,983 $40,680 $8,130 $32,550
2021 $1,996 $36,560 $7,310 $29,250
2020 $1,936 $33,270 $6,650 $26,620
2019 $1,899 $24,900 $4,980 $19,920
2018 $1,852 $22,170 $4,430 $17,740
2017 $1,797 $18,250 $3,650 $14,600
2016 $0 $12,730 $2,540 $10,190
2015 -- $16,650 $3,330 $13,320
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    William Russell

    HomeSmart

    (858) 735-3450

    4 Total Sales

    William Russell
    Section Image
  • Jacquelyn Shoffner

    Buyer's Agent in 2016

    Jacquelyn Shoffner

    Real Broker

    (480) 839-6600

    202 Total Sales

    Jacquelyn Shoffner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5445681

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-038

Arizona Maricopa County Tempe 85281 Sunset

1301 W 3rd St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1301 W 3rd St, Tempe, AZ 85281 since 20 May 2016 and is currently priced at $793,643, approximately $304 per square foot. This property was built in 1979. 1301 W 3rd St is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe 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