NOT LISTED FOR SALE

1333 W 5th St Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $766,000 - $979,000

2 Beds
-- Bath
2,760 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $420,500 $152 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,126/month

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Individual Controls for Heating
  • Central Air

About This Home

As of July 2017

All 2 bedroom unit mix with this ASU Tempe 4plex. Located in the very hot Sunset Park area of Tempe west of Mill and north of University. Just a few blocks to Rio Salado, just over a mile to Mill Avenue, and within a few miles of ASU. Many upgrades completed over the last several years. Large 1/4 acre corner lot with R-3R zoning. Rents have room for strong growth. No interior showings without an accepted offer. Some expenses are estimated. Buyer to complete and rely on own due diligence regarding all aspects of the property.

Last Listed By

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 06/07/2017

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1970

Lot Details

  • 0.26

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Assigned Parking

Schools

  • Holdeman Elementary School
  • Tempe High Middle School
  • Tempe High School

Utilities

  • Central Air
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 38
  • Assessor Parcel Number 124-37-004-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are .26 acres
  • State Plat No 12 Amd Subdivision

Building Details

  • Operating Expense $10,532
  • Gross Income $36,480
  • Net Operating Income $25,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Mill and Rio Salado
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2016
  • Directions: Located north of University and west of Mill on the corner of Priest and 5th St.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 1920.0
  • Subdivision Name: STATE PLAT NO 12 AMD
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Individual, Central A/C
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1950.0

Schools

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

Lot Info

  • Lot Size: .26 acres
  • Additional Parcels: No
  • Parcel #: 124-37-004-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 36480.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1350.0
  • Property Net Operating Income: 25984.0
  • Annual Operating Expense: 10532.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2252.0
  • Tax Book Number: 124.00
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Acuna Andrea E and Arredondo Jose A
Bought by
Tucson Sol Llc
Total Days on Market
18
Current Estimated Value
$880,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,450
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 23, 2017
Sold by
Acuna Andrea E and Arredondo Jose A
Bought by
Tucson Sol Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Irma Rascon
HomeSmart
List Price
$430,000
Sold Price
$420,500
Premium/Discount to List
-$9,500
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$255,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 21, 2017
Sold by
Perry Matthew
Bought by
Acuna Andrea E and Arredondo Jose A
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Irma Rascon
HomeSmart
List Price
$430,000
Sold Price
$420,500
Premium/Discount to List
-$9,500
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Mbg Holdings Llc
Bought by
Perry Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jul 26, 2013
Sold by
Lung Cheryl A
Bought by
Mgb Holdings Llc
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%

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
Tucson Sol Llc -- None Available
Acna Amdrea E -- None Available
Tucson Sol Llc -- None Available
Acuna Andrea E $420,500 Empire West Title Agency Llc
Perry Matthew $290,000 American Title Svc Agency Ll
Mgb Holdings Llc $185,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucson Sol Llc $255,450
Previous Owner Acuna Andrea E $255,500
Previous Owner Perry Matthew $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $420,500 -2.2% $152 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $430,000 +132.4% $156 / Sq Ft
08/02/2013 08/02/13 Sold $185,000 -5.1% $67 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $195,000 -- $71 / 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 $2,641 $23,577 -- --
2024 $2,609 $22,454 -- --
2023 $2,609 $73,850 $14,770 $59,080
2022 $2,503 $58,520 $11,700 $46,820
2021 $2,520 $49,270 $9,850 $39,420
2020 $2,444 $43,470 $8,690 $34,780
2019 $2,397 $35,220 $7,040 $28,180
2018 $2,338 $28,910 $5,780 $23,130
2017 $2,268 $24,980 $4,990 $19,990
2016 $2,252 $23,830 $4,760 $19,070
2015 $2,163 $23,560 $4,710 $18,850
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    52 Total Sales

    James Stephens
    Section Image
  • Irma Rascon

    Buyer's Agent in 2017

    Irma Rascon

    HomeSmart

    (480) 244-7419

    88 Total Sales

    Irma Rascon
    Section Image
  • Deborah Palmisano

    Buyer Co-Listing Agent in 2017

    Deborah Palmisano

    HomeSmart

    (480) 221-1252

    66 Total Sales

    Deborah Palmisano
    Section Image

  • H

    Seller's Agent in 2013

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    31 Total Sales

    Hani Aldulaimi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618809

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-37-004D

Arizona Maricopa County Tempe 85281 Sunset

1333 W 5th St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1333 W 5th St, Tempe, AZ 85281 since 07 June 2017 and is currently estimated at $860,719, approximately $311 per square foot. This property was built in 1970. 1333 W 5th 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