$790,000

1413 S Jentilly Ln Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $4,373/month

Total Views 8,162
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered; completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.

Listing Agent

Fabiola Felix

HomeSmart License #SA690579000 Listed on: 05/07/2024

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 133-10-043-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 76x80
  • Jen Tilly Terrace Lots 13 18 Subdivision

Building Details

  • Operating Expense $2,019
  • Gross Income $44,814
  • Net Operating Income $44,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Rural Rd & Spence Ave
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: Turn East on Spence Ave to Jentilly Ln. Turn South on Jentilly Ln Property is on the left
  • Road Surface Type: Asphalt
  • Subdivision Name: JEN TILLY TERRACE LOTS 13-18
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 76x80
  • Additional Parcels: No
  • Parcel #: 133-10-043-B

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 44814.0
  • Insurance Expense: 805.0
  • Property Net Operating Income: 44181.0
  • Annual Operating Expense: 2019.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1214.0
  • Tax Book Number: 133.00
  • Tax Lot: 27

Map

Range of Values:

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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 $1,229 $10,968 -- --
2024 $1,214 $10,445 -- --
2023 $1,214 $41,550 $8,310 $33,240
2022 $1,164 $33,070 $6,610 $26,460
2021 $1,172 $28,610 $5,720 $22,890
2020 $1,137 $25,410 $5,080 $20,330
2019 $1,115 $20,800 $4,160 $16,640
2018 $1,088 $17,330 $3,460 $13,870
2017 $1,055 $14,470 $2,890 $11,580
2016 $1,048 $13,180 $2,630 $10,550
2015 $1,006 $12,960 $2,590 $10,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 For Sale $790,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Empire Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,500 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6702127

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-10-043B

Arizona Maricopa County Tempe 85281 Downtown Tempe

1413 S Jentilly Ln, Tempe, AZ

This home is located at 1413 S Jentilly Ln, Tempe, AZ 85281 and is currently priced at $790,000. This property was built in 1960. 1413 S Jentilly Ln is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock 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

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Fabiola Felix
Listing Agent
Fabiola Felix
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HomeSmart
(623) 889-7100