Patricia Gore
Coldwell Banker Realty
(623) 526-5588
61 Total Sales
1 in Downtown Tempe
$500,000 Price
1331 W 3rd St Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated Value: $574,000 - $809,000
Studio
--
Baths
2,608
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Multiple cooling system units
- Multiple Heating Units
About This Home
As of July 2016Building is walking distance from 2 bus lines and is about one mile south of light rail and Tempe Town Lake and one mile west of Arizona State University. Desert landscaping for easy maintenance. In addition to the 8 parking spaces at rear of property, on street parking is plentiful in front of property on 3rd St. Building is stucco over block which provides good insulation and low heating/cooling costs for tenants. Units have security windows with emergency exit releases in keeping with building/fire codes. All have security doors and little porches with lockable gaits. Small building to rear of 4 plex contains coin op washer/dryer, and the sheds for the 2 front apts. The 2 rear apts have sheds attached to them. Leases all month to month. No section 8 tenants. Seller has owned the property since 1998, resides a few miles away, and has other rental properties in Tempe. Seller has been very involved and hands on with property and tenants. Seller is a licensed real estate agent in the State of Arizona.
Last Agent to Sell the Property
Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 12/24/2015
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,768
Year Built
- Built in 1981
Lot Details
- Property fronts an alley
Home Design
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Carport
- Over 1 Space Per Unit
- Free Parking
- Paved Parking
- On-Street Parking
Schools
- Scales Technology Academy Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for water, landscaping
- Tax Lot 6
- Assessor Parcel Number 124-28-043
Community Details
Overview
- 4 Units
- Building Dimensions are 8362
- Griffith Estates Subdivision
Building Details
- Operating Expense $4,860
- Gross Income $81,354
- Net Operating Income $2,225
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 24, 2015
Closed on
Sep 7, 2016
Sold by
Bertlesman Thomas
Bought by
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Sophia Kim
Unique Real Estate
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,231
Avg. Annual Appreciation
10.88%
Purchase Details
Listed on
Dec 24, 2015
Closed on
Jul 25, 2016
Sold by
Alvarez Arlene
Bought by
Berletsman Thomas
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Sophia Kim
Unique Real Estate
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Purchase Details
Closed on
Oct 27, 2005
Sold by
Alvarez Arlene and Alvarez Arlene C
Bought by
Alvarez Arlene and Arlene Alvarez Trust
Purchase Details
Closed on
Jan 1, 2005
Sold by
Charles Harry L
Bought by
Gonzales Arlene C and Alvarez Arlene C
Purchase Details
Closed on
Jul 16, 1998
Sold by
Lemons Gary R
Bought by
Charles Harry L and Gonzales Arlene C
Purchase Details
Closed on
Oct 3, 1995
Sold by
Edwards Earl F
Bought by
Edwards Therese G
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Tempe, AZ
-
Patricia Gore
-
Kim Panozzo
Kim Panozzo
HomeSmart
(623) 888-8019
883 Total Sales
1 in Downtown Tempe
$230,000 Price
-
Tasha Goins
Tasha Goins
eXp Realty
(623) 244-5282
70 Total Sales
1 in Downtown Tempe
$330,000 Price
-
Teresa Atkinson
Teresa Atkinson
Keller Williams Arizona Realty
(623) 663-6519
192 Total Sales
1 in Downtown Tempe
$530,000 Price
-
Fernando Valle
Fernando Valle
HomeSmart
(623) 257-8361
113 Total Sales
1 in Downtown Tempe
$225,000 Price
-
Tim Cusick
Tim Cusick
Homelogic Real Estate
(480) 712-0156
367 Total Sales
2 in Downtown Tempe
$203K - $730K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $316,800 | Chicago Title Agency | ||
| Berletsman Thomas | $245,000 | Chicago Title Agency | |
| Bertlesman Thomas | -- | Chicago Title Agency Inc | |
| Alvarez Arlene | -- | -- | |
| Gonzales Arlene C | -- | -- | |
| Alvarez Arlene C | -- | -- | |
| Charles Harry L | $129,500 | Grand Canyon Title Agency In | |
| Edwards Therese G | -- | United Title Agency | |
| Edwards Therese G | -- | United Title Agency | |
| Lemons Gary R | $110,750 | United Title Agency |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $91,500 |
Source: Public Records
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 |
|---|---|---|---|---|
| 07/27/2016 07/27/16 | Sold | $245,000 | -10.9% | $94 / Sq Ft |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | For Sale | $275,000 | 0.0% | $105 / Sq Ft |
| 12/30/2015 12/30/15 | Pending | -- | -- | -- |
| 12/24/2015 12/24/15 | For Sale | $275,000 | -- | $105 / 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 | $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 | $37,450 | $7,490 | $29,960 |
| 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
-
Jared English
JE
Seller's Agent in 2016
Jared English
Congress Realty, Inc.
(888) 881-4118
2 in this area
4,007 Total Sales
-
Sophia Kim
Buyer's Agent in 2016
Sophia Kim
Unique Real Estate
(480) 570-5800
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5375965
APN: 124-28-043
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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