136 E Fremont Dr Unit 261 Tempe, AZ 85282
The Lakes NeighborhoodEstimated payment $2,634/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $485,000 | -- | -- |
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: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7019910
APN: 133-41-085
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Ask me questions while you tour the home.