NOT LISTED FOR SALE

1307 W 3rd St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $603,827 - $907,000

1 Bed
-- Bath
2,608 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $335,000 $128 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,997/month

4 Days on Market

About This Home

As of May 2017

FRESHLY PAINTED EXTERIOR* GREAT FOUR-PLEX IN AWESOME TEMPE LOCATION* NEAR TEMPE TOWN LAKE, MILL AVENUE, AND ASU. GREAT FOR RENTAL TO PROFESSORS OR STUDENTS* 2 TWO BEDROOM/1 BATH AND TWO 1 BED/1 BATH UNITS* BLOCK CONSTRUCTION* GREAT INVESTMENT OPPORTUNITY FOR THE SAVVY INVESTOR* COMMON LAUNDRY ROOM AND SEPARATE STORAGE AREA* BUYER TO VERIFY ALL FACTS AND FIGURES*

Last Agent to Sell the Property

Dave Messner

Realty ONE Group License #BR025968000 Listed on: 03/21/2017

Co-Listed By

Jared Falk

Realty ONE Group License #SA664751000

Last Buyer's Agent

Julie Rickli

Better Homes & Gardens Real Estate SJ Fowler License #SA655771000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1981

Lot Details

  • 8,364

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 124-28-039

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8357
  • Griffith Estates Subdivision

Building Details

  • Operating Expense $8,761

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,841

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY & PRIEST
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 2760.0
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: GRIFFITH ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • 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
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 8357
  • Additional Parcels: No
  • Parcel #: 124-28-039

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Insurance Expense: 1400.0
  • Annual Operating Expense: 8761.0

Tax Info

  • Tax Annual Amount: 1841.0
  • Tax Book Number: 124.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 22, 2017
Sold by
Eisakhanian Haygoei and Moayer Albert
Bought by
Moayer Albert
Seller's Agent
Dave Messner
Realty ONE Group
Buyer's Agent
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$723,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,457
Avg. Annual Appreciation
9.56%
Original Mortgage
$251,250
Outstanding Balance
$208,831
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$514,626

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 20, 2017
Sold by
Nimtz Matthew C and Groves Scott L
Bought by
Moayer Albert
Seller's Agent
Dave Messner
Realty ONE Group
Buyer's Agent
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Outstanding Balance
$208,831
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$514,626

Purchase Details

Listed on
Jul 26, 2014
Closed on
Oct 17, 2014
Sold by
Tortosa Llc
Bought by
Nimtz Matthew C and Groves Scott L
Seller's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$191,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Tonnesen + Vullo + Bosc Llc
Bought by
Tortosa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2010
Sold by
Bank Of America National Association
Bought by
Tonnesen + Vullo + Bose Llc

Purchase Details

Closed on
Mar 18, 2010
Sold by
Ljuldjuraj Robert
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 5, 2006
Sold by
Gerald H & Rosemary J Leclair Family Lp
Bought by
Ljuljdjuraj Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2006
Sold by
Ljuljdjuraj Mariana
Bought by
Ljuljdjuraj Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2003
Sold by
Leclair Rosemary J
Bought by
Gerald H & Rosemary J Leclair Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Leclair Gerald H
Bought by
Leclair Rosemary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2001
Sold by
Leclair Gerald H and Leclair Rosemary J
Bought by
Gerald H & Rosemary J Leclair Family Ltd

Purchase Details

Closed on
Jul 30, 2001
Sold by
Starr John Robert and Starr Mee Ling
Bought by
Leclair Gerald H and Leclair Rosemary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1997
Sold by
Starr John R and Starr John Robert
Bought by
Starr John Robert and Starr Mee Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.19%
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 Buyer Sale Price Title Company
Moayer Albert -- Clear Title Agency Of Arizon
Moayer Albert $335,000 Clear Title Agency Of Arizon
Nimtz Matthew C $279,000 Stewart Title & Trust Of Pho
Tortosa Llc -- None Available
Tonnesen + Vullo + Bose Llc -- Servicelink
Bank Of America National Association $154,700 Security Title Agency
Ljuljdjuraj Robert $385,000 Capital Title Agency Inc
Ljuljdjuraj Robert -- Capital Title Agency Inc
Gerald H & Rosemary J Leclair Family Lp -- Stewart Title & Trust
Leclair Rosemary J -- Stewart Title & Trust
Leclair Rosemary J -- Stewart Title & Trust
Gerald H & Rosemary J Leclair Family Ltd -- --
Leclair Gerald H $160,000 Stewart Title & Trust
Starr John Robert -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moayer Albert $251,250
Previous Owner Nimtz Matthew C $191,250
Previous Owner Tortosa Llc $148,000
Previous Owner Ljuljdjuraj Robert $269,500
Previous Owner Gerald H & Rosemary J Leclair Family Lp $133,800
Previous Owner Leclair Gerald H $128,000
Previous Owner Starr John Robert $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2017 05/26/17 Sold $335,000 +3.1% $128 / Sq Ft
05/16/2017 05/16/17 Price Changed $325,000 -3.0% $125 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $335,000 +20.1% $128 / Sq Ft
11/07/2014 11/07/14 Sold $279,000 -3.5% $107 / Sq Ft View Prior Sale
10/02/2014 10/02/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $289,000 -- $111 / 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 $2,309 $19,267 -- --
2024 $2,132 $18,350 -- --
2023 $2,132 $50,150 $10,030 $40,120
2022 $2,045 $41,730 $8,340 $33,390
2021 $2,059 $37,430 $7,480 $29,950
2020 $1,997 $34,130 $6,820 $27,310
2019 $1,959 $25,600 $5,120 $20,480
2018 $1,910 $23,400 $4,680 $18,720
2017 $1,854 $20,060 $4,010 $16,050
2016 $1,841 $17,280 $3,450 $13,830
2015 $1,768 $17,160 $3,430 $13,730
Source: Public Records

Agents Affiliated with this Home

  • Dave Messner

    Seller's Agent in 2017

    Dave Messner

    Realty One Group

    (602) 526-5200

    114 Total Sales

    Dave Messner
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jared Falk

    Realty One Group

    (480) 315-1240

    52 Total Sales

    Jared Falk
    Section Image
  • Julie Rickli

    Buyer's Agent in 2017

    Julie Rickli

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 620-4263

    107 Total Sales

    Julie Rickli
    Section Image
  • Eric Hegarty

    Seller's Agent in 2014

    Eric Hegarty

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    21 Total Sales

    Eric Hegarty
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5578137

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-039

Arizona Maricopa County Tempe 85281 Downtown Tempe

1307 W 3rd St, Tempe, AZ

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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