NOT LISTED FOR SALE

1311 W 4th St Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $565,000 - $860,000

-- Bed
-- Bath
900 Sq Ft
$756/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $295,000 $328 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,717/month

27 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating System Uses Natural Gas
  • Ceiling Fan

About This Home

As of June 2014

4 units of approximately 990 sq ft on a large parcel in a great location just west of ASU. 2 Bedroom, 1 Bath units with attached single car carports in two buildings on two parcels. Large rooms and an also large utility room. Long term tenants paying $635-650/month.

Last Agent to Sell the Property

Tom Burt

Home Brokers Realty, Inc. License #BR006249000 Listed on: 05/07/2014

Last Buyer's Agent

Susan Wood

West USA Realty License #SA571967000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 124-28-028

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 134X132
  • Jo Ellen Homes Subdivision

Building Details

  • Operating Expense $6,191
  • Gross Income $30,600
  • Net Operating Income $25,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: University/Priest
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3R
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2013
  • Directions: North on Priest to 4th Street. East to 1311-1319 on the south side of 4th street.
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Jo-Ellen Homes
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Free, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1045.0

Schools

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

Lot Info

  • Lot Size: 134X132
  • Additional Parcels: No
  • Parcel #: 124-28-028

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Insurance Expense: 890.0
  • Maintenance Expense: 2750.0
  • Property Net Operating Income: 25465.0
  • Annual Operating Expense: 6191.0

Tax Info

  • Tax Annual Amount: 1056.0
  • Tax Book Number: 124.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2014
Sold by
Chen Shih Wei and Hung Antonio Ho
Bought by
Ca Realty Llc
Current Estimated Value
$679,952

Purchase Details

Listed on
May 7, 2014
Closed on
Jun 26, 2014
Sold by
Mansperger James A and Mansperger Jane
Bought by
Huna Antonio and Chen Shih Wei
Seller's Agent
Tom Burt
Home Brokers Realty, Inc.
Buyer's Agent
Susan Wood
West USA Realty
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$103,250
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ca Realty Llc -- None Available
Huna Antonio $147,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huna Antonio $103,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $295,000 -7.8% $328 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $319,900 -- $355 / 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 $1,506 $13,444 -- --
2024 $1,488 $12,803 -- --
2023 $1,488 $35,430 $7,080 $28,350
2022 $1,427 $29,530 $5,900 $23,630
2021 $1,437 $27,700 $5,540 $22,160
2020 $1,393 $25,230 $5,040 $20,190
2019 $1,367 $18,720 $3,740 $14,980
2018 $1,333 $17,250 $3,450 $13,800
2017 $1,293 $14,120 $2,820 $11,300
2016 $1,284 $11,870 $2,370 $9,500
2015 $1,233 $11,660 $2,330 $9,330
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom Burt

    Home Brokers Realty, Inc.

    Section Image
  • Susan Wood

    Buyer's Agent in 2014

    Susan Wood

    West USA Realty

    (480) 593-1540

    16 Total Sales

    Susan Wood
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5112142

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-028

Arizona Maricopa County Tempe 85281 Sunset

1311 W 4th St, Tempe, AZ

This home is located at 1311 W 4th St, Tempe, AZ 85281 since 07 May 2014 and is currently estimated at $679,952, approximately $755 per square foot. This property was built in 1962. 1311 W 4th 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

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