$485,000

136 E Fremont Dr Unit 261 Tempe, AZ 85282

The Lakes Neighborhood

Estimated payment $2,634/month

0.3 Acre
$1,616,667 Price per Acre
13,255 Sq Ft Lot

Highlights

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • No HOA

About This Lot

Infill opportunity in the heart of Tempe! Spanning 13,225 square feet, this ready-to-build homesite is located off a quiet cul-de-sac, offering an ideal setting for a custom home with added privacy. Situationed in a fully built neighborhood, this is the last remaining chance to build new in an established area with no additional residential land available nearby. The property offers flexible development potential, including the possibility of multiple structures on one parcel (buyer to verify), making it attractive to homeowners and investors alike. Whether you're looking to design a primary residence, income-producing units, or a multi-generational setup, this lot provides a versatile foundation. Position just minutes from Arizona State University, the location benefits from strong and consisent housing demand driven by students, faculty, and professionals. The surrounding area is anchored by major employers, including State Farm, JPMorgan Chase, Wells Fargo, Honeywell Aerospace, and ADP, which support long-term value and rental appeal. Enjoy close proximity to top retail, dining, and entertainment destinations, including Arizona Mills, Tempe Marketplace, the Mill Avenue district, and Tempe Town Lake. The location also offers excellent connectivity, with easy access to US-60, Loop 101, and Loop 202, enabling convenient commuting throughout the Phoenix metro area. With limited supply, strong demand drivers, and a prime central location, the property presents a unique opportunity to build, invest, and capitalize on one of the most supply-constrained submarkets. Buyers to verify all facts, figures, zoning and development potential

Listing Agent

Daniel Kahn

E & G Real Estate Services License #BR576266000 Listed on: 04/27/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $965

Lot Details

  • 13,255 Sq Ft Lot
  • Cul-De-Sac
  • Chain Link Fence
  • Level Lot
  • Irregular Lot
  • Property is zoned R1-6

Eco-Friendly Details

  • North or South Exposure

Schools

  • Arredondo Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Separate Meters
  • Individual Gas Meter

Community Details

  • No Home Owners Association
  • Tempe Gardens 3 Subdivision

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 133-41-085

Property Details

Property Type

Land

Est. Annual Taxes

$965

Lot Details

0.3 Acres

Listing Details

  • Cross Street: E Freemont Drive & South Grandview Avenue
  • Property Type: Land
  • Development Status: Plans Available, On Site Imp Needed
  • Topography: Level
  • Zoning: R1-6
  • Tax Year: 2025
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Surface Type: Sidewalk(s), Concrete
  • Subdivision Name: Tempe Gardens 3
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Cul-De-Sac, North/South Exp, Other
  • Disclosures: None
  • Other Structures: None, See Remarks

Utilities

  • Electric: SRP, Individual Meter
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 50X140.95X40X148.99X101.43
  • Lot Size Sq Ft: 13255.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 133-41-085

Tax Info

  • Tax Annual Amount: 965.0
  • Tax Book Number: 133.0
  • Tax Lot: 261
  • Tax Map Number: 41.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $965 $3,785 $3,785 --
2024 $419 $3,605 $3,605 --
2023 $419 $7,305 $7,305 $0
2022 $2,449 $31,330 $6,260 $25,070
2021 $2,149 $29,470 $5,890 $23,580
2020 $2,077 $27,750 $5,550 $22,200
2019 $2,037 $26,000 $5,200 $20,800
2018 $1,983 $24,050 $4,810 $19,240
2017 $1,921 $22,060 $4,410 $17,650
2016 $1,912 $22,350 $4,470 $17,880
2015 $1,849 $19,160 $3,830 $15,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 For Sale $485,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $437,450 Stewart Ttl & Tr Of Phoenix
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $437,450 Stewart Title & Tr Of Tucson
Cash Sale Deed $187,500 Capital Title Agency Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7019910

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-41-085

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