Seller's Agent in 2023
Jill Anderson
Russ Lyon Sotheby's International Realty
1 in this area
151 Total Sales
1514 W 5th St Unit 1&2 Tempe, AZ 85281
West Tempe NeighborhoodEstimated Value: $448,000 - $625,000
--
Bed
--
Bath
--
Sq Ft
9,583
Sq Ft Lot
Highlights
- 4 Car Attached Garage
- Ceramic Tile Flooring
- Central Heating and Cooling System
About This Home
As of October 2023Incredible opportunity to own a duplex, just steps away from ASU. Tempe bus stops every 15 minutes just 3 doors away. Freshly painted outside, newer block wall fences with private yard for each unit, two car garage is shared by each tenant. Separate laundry room for each unit with room for storage. This property has been impeccably maintained by owner for 13 years and constantly rents within hours of availability. Currently rented with leases in place at $1350 for each unit. Both units have 2 bedrooms, 1 bath, & extra closet/storage space. All appliances are included in sale. One lease expires in Jan/24 and the other in 4/24.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA538355000 Listed on: 08/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,560
Year Built
- Built in 1970
Lot Details
- 9,583
Home Design
- Composition Roof
- Block Exterior
Parking
- 4 Car Attached Garage
- Automatic Garage Door Opener
Schools
- Holdeman Elementary School
- Tempe High Middle School
- Tempe Academy Of International Studies Mckemy Campus High School
Additional Features
- Ceramic Tile Flooring
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 124-38-012
Community Details
Overview
- 2 Units
- Building Dimensions are 80x128
- Ginny Mae Estates Unit 1 Subdivision
Building Details
- Operating Expense $1,560
- Gross Income $32,400
- Net Operating Income $28,950
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Oct 12, 2023
Sold by
D And E 5Th Street Rentals Llc
Bought by
Fink Deborah
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Laurie Johnson
Keller Williams Arizona Realty
List Price
$530,000
Sold Price
$490,000
Premium/Discount to List
-$40,000
-7.55%
Total Days on Market
53
Views
37
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
$51,997
Avg. Annual Appreciation
6.19%
Purchase Details
Closed on
Jan 7, 2010
Sold by
Ginsberg David W and Ginsberg Edith A
Bought by
D & E 5Th Street Rentals Llc
Purchase Details
Closed on
Sep 30, 2009
Sold by
Ginsberg Edith A
Bought by
Ginsberg David W and Ginsberg Edith A
Purchase Details
Closed on
Aug 17, 2009
Sold by
Ginsberg David W
Bought by
Ginsberg Edith A
Purchase Details
Closed on
Aug 7, 2009
Sold by
U S Bank National Association
Bought by
Ginsberg Edith A
Purchase Details
Closed on
Jul 10, 2009
Sold by
Lopez Domingo and Lopez Evangelina
Bought by
U S Bank National Association
Purchase Details
Closed on
Nov 7, 2005
Sold by
Palan Henry and Palan Mary Lu
Bought by
Lopez Domingo and Lopez Evangelina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
7.42%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 6, 2005
Sold by
Rider Beth M
Bought by
Palan Henry and Palan Mary Lu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2004
Sold by
Rider Steve J
Bought by
Rider Beth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 11, 2003
Sold by
Cashin Robert C and Cashin Suzanne D
Bought by
Rider Steve J and Rider Beth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Trade
Purchase Details
Closed on
Dec 7, 1994
Sold by
Cashin Robert C and Cashin Suzanne D
Bought by
Cashin Robert C and Cashin Suzanne D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fink Deborah | $490,000 | Landmark Title | |
| D & E 5Th Street Rentals Llc | -- | None Available | |
| Ginsberg David W | -- | None Available | |
| Ginsberg Edith A | -- | Security Title Agency | |
| Ginsberg Edith A | $132,000 | Security Title Agency | |
| U S Bank National Association | $231,389 | None Available | |
| Lopez Domingo | $242,500 | Fidelity National Title | |
| Palan Henry | $200,000 | Grand Canyon Title Agency In | |
| Rider Beth M | -- | -- | |
| Rider Steve J | $125,000 | Metro Title Agency | |
| Cashin Robert C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lopez Domingo | $217,800 | |
| Previous Owner | Palan Henry | $130,000 | |
| Previous Owner | Rider Beth M | $117,400 | |
| Previous Owner | Rider Steve J | $100,000 | |
| Previous Owner | Rider Steve J | $12,500 | |
| Closed | Palan Henry | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2023 10/12/23 | Sold | $490,000 | -5.8% | -- |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- |
| 09/18/2023 09/18/23 | Price Changed | $520,000 | -1.0% | -- |
| 09/09/2023 09/09/23 | Price Changed | $525,000 | -0.9% | -- |
| 08/02/2023 08/02/23 | For Sale | $530,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,646 | $14,696 | -- | -- |
| 2024 | $1,626 | $13,996 | -- | -- |
| 2023 | $1,626 | $44,570 | $8,910 | $35,660 |
| 2022 | $1,560 | $35,310 | $7,060 | $28,250 |
| 2021 | $1,571 | $30,970 | $6,190 | $24,780 |
| 2020 | $1,523 | $27,750 | $5,550 | $22,200 |
| 2019 | $1,494 | $22,350 | $4,470 | $17,880 |
| 2018 | $1,457 | $18,530 | $3,700 | $14,830 |
| 2017 | $1,414 | $15,410 | $3,080 | $12,330 |
| 2016 | $1,404 | $14,370 | $2,870 | $11,500 |
| 2015 | $1,348 | $13,900 | $2,780 | $11,120 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Anderson
-
Renée Ryan
Seller Co-Listing Agent in 2023
Renée Ryan
Russ Lyon Sotheby's International Realty
(623) 583-7704
1 in this area
75 Total Sales
-
Laurie Johnson
Buyer's Agent in 2023
Laurie Johnson
Keller Williams Arizona Realty
(602) 550-6888
1 in this area
20 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6587286
APN: 124-38-012
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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