1305 N Frances St Tempe, AZ 85281
North Tempe NeighborhoodEstimated payment $5,072/month
Highlights
- Very Popular Property
- Cooling Available
- No Heating
About This Home
1305 N Frances offers a unique chance to capitalize on an approved (but not yet finalized) lot split. The existing single-family home will retain an 8,694 sq ft lot, while the new 5,918 sq ft parcel is zoned for a duplex—ideal for rental income or redevelopment. Located in a high-demand area with strong growth potential. Don't miss this versatile investment opportunity! **PLEASE NOTE THE HOUSE IS TENANT OCCUPIED UNTIL 4/30/2026**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,376
Year Built
- Built in 1982
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Schools
- Cecil Shamley Elementary And Middle School
- Tempe High School
Utilities
- Cooling Available
- No Heating
Listing and Financial Details
- Tax Lot 78
- Assessor Parcel Number 132-12-078-A
Community Details
Overview
- Building Dimensions are 120x110
- North Tempe Subdivision
Building Details
- Operating Expense $1,376
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,376 | $12,286 | -- | -- |
| 2024 | $1,360 | $11,701 | -- | -- |
| 2023 | $1,360 | $34,420 | $6,880 | $27,540 |
| 2022 | $1,304 | $22,610 | $4,520 | $18,090 |
| 2021 | $1,144 | $20,420 | $4,080 | $16,340 |
| 2020 | $1,106 | $19,530 | $3,900 | $15,630 |
| 2019 | $1,085 | $17,460 | $3,490 | $13,970 |
| 2018 | $1,056 | $13,530 | $2,700 | $10,830 |
| 2017 | $1,023 | $13,670 | $2,730 | $10,940 |
| 2016 | $1,018 | $10,610 | $2,120 | $8,490 |
| 2015 | $985 | $10,020 | $2,000 | $8,020 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $895,000 | +155.7% | $496 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $350,000 | -46.2% | -- |
| 07/14/2025 07/14/25 | Price Changed | $650,000 | -35.0% | $360 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $1,000,000 | +66.7% | $554 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $600,000 | +100.0% | $332 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $637,500 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $315,000 | Equity Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $243,500 | Clear Title Agency Of Az Llc | |
| Warranty Deed | $140,000 | Stewart Title & Trust Of Pho | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Interfamily Deed Transfer | -- | Security Title Agency Inc | |
| Warranty Deed | $21,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Open | $810,276 | New Conventional | |
| Previous Owner | $309,294 | FHA | |
| Previous Owner | $239,089 | FHA | |
| Previous Owner | $164,791 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $140,628 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6892480
APN: 132-12-078A
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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