NOT LISTED FOR SALE

Estimated Value: $1,086,000 - $1,226,000

Studio
-- Baths
3,136 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2017

Last sale price $650,000 $207 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,711 / mo

18 Days on Market

Highlights

  • Community Barbecue Grill
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of April 2017

LOCATION FEATURES: 1 mile from Mill Ave. Easy 202 access. FREE Orbit Bus shuttles to ASU, Light Rail Stations, and around Tempe. Walking/Running/Biking trail to Tempe Town Lake close. Grocery Store within walking distance.
RENTAL FEATURES: Covered and non covered dedicated parking, Washer/Dryer included in each unit, Updated appliances and lighting: Glass Top Stoves, ceiling fans throughout. Private patio with storage shed, Brand New Energy Efficient Air Conditioning, Garbage Disposal, Single level building(no stairs or anyone above or below). Fresh interior paint and remodel. BBQ grill. Security Systems, surveillance cameras present and convey

Last Agent to Sell the Property

Dan Brown

Geneva Real Estate and Investments License #SA635750000 Listed on: 01/16/2017

Last Buyer's Agent

Kerry Jackson

Good Oak Real Estate License #BR549772000

Good Oak Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1983

Lot Details

  • 0.31

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 35
  • Assessor Parcel Number 124-28-005-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13329
  • Tempe Apartments Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $7,204
  • Gross Income $20,000
  • Net Operating Income $55,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,604

Year Built

Built in 1983

Lot Details

0.31 Acres

Listing Details

  • Cross Street: PRIEST & UNIVERSITY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: TEMPE APARTMENTS
  • Tax Parcel Letter: F
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit, Street Parking, Common
  • 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:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Trash Expense: 360.0
  • Annual Water Sewer Expense: 2040.0

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 13329
  • Additional Parcels: No
  • Parcel #: 124-28-005-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20000.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 55996.0
  • Annual Operating Expense: 7204.0

Tax Info

  • Tax Annual Amount: 2604.0
  • Tax Book Number: 124.00
  • Tax Lot: 35

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $650,000 +2.4% $207 / Sq Ft
01/16/2017 01/16/17 For Sale $635,000 -- $202 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,267 $27,259
2024 $3,017 $25,961
2023 $3,017 $82,880 $16,570 $66,310
2022 $2,894 $65,360 $13,070 $52,290
2021 $2,914 $54,930 $10,980 $43,950
2020 $2,825 $49,110 $9,820 $39,290
2019 $2,772 $39,910 $7,980 $31,930
2018 $2,703 $32,780 $6,550 $26,230
2017 $2,622 $28,260 $5,650 $22,610
2016 $2,604 $27,350 $5,470 $21,880
2015 $2,501 $26,880 $5,370 $21,510
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5547654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-005F

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