NOT LISTED FOR SALE

Estimated Value: $578,000 - $764,000

-- Bed
-- Bath
1,792 Sq Ft
$395/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $235,000 $131 Per Sq Ft

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of May 2024

Duplex in the heart of Tempe close to ASU! Alley access with 6 parking spaces. Recent fire damage/ great investment oppertunity!

Last Agent to Sell the Property

Austin Stocks

eXp Realty License #SA694365000 Listed on: 05/07/2024

Last Buyer's Agent

Austin Stocks

My Home Group Real Estate License #SA694365000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1983

Lot Details

  • 7,928

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 124-28-036-B

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 7910
  • Jo Ellen Homes Subdivision

Building Details

  • Operating Expense $1,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,566

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Priest and 5th street
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: D2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: JO-ELLEN HOMES
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • 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:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: None
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 7910
  • Additional Parcels: No
  • Parcel #: 124-28-036-B

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 1566.0

Tax Info

  • Tax Annual Amount: 1566.0
  • Tax Book Number: 124.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 14, 2024
Sold by
Trust Of Charles E Ralston and Steinke Cole
Bought by
Realestate Capital Investments Llc
Seller's Agent
Austin Stocks
eXp Realty
Buyer's Agent
Austin Stocks
My Home Group Real Estate
List Price
$325,000
Sold Price
$235,000
Premium/Discount to List
-$90,000
-27.69%
Total Days on Market
0
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.28%
Original Mortgage
$350,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2024
Sold by
Trust Of Charles E Ralston
Bought by
Home Buyer Team Llc

Purchase Details

Closed on
Apr 29, 1999
Sold by
Ralston Charles E
Bought by
Ralston Charles E and The Trust Of Charles E Ralston
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
Realestate Capital Investments Llc $235,000 Pioneer Title Agency
Home Buyer Team Llc -- None Listed On Document
Ralston Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Realestate Capital Investments $548,600
Closed Realestate Capital Investments Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $235,000 -27.7% $131 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $325,000 -- $181 / 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 $1,585 $14,149 -- --
2024 $1,566 $13,475 -- --
2023 $1,566 $35,570 $7,110 $28,460
2022 $1,502 $29,510 $5,900 $23,610
2021 $1,512 $27,470 $5,490 $21,980
2020 $1,466 $25,530 $5,100 $20,430
2019 $1,439 $19,160 $3,830 $15,330
2018 $1,403 $16,030 $3,200 $12,830
2017 $1,361 $14,550 $2,910 $11,640
2016 $1,352 $12,320 $2,460 $9,860
2015 $1,298 $12,010 $2,400 $9,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6701733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-036B