$610,000
SOLD OCT 8, 2025

1519 W 7th Place Tempe, AZ 85281

West Tempe Neighborhood
-- Bed
-- Bath
2,633 Sq Ft
1967 Built

Recently Sold

$232 Per Sq Ft

3% Below List Price

92 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of October 2025

Great investment opportunity with this Tempe Triplex near ASU, located near Priest & University. This property has two large 2 bed/1 bath units, and one unit that is 3 bed/2 bath. Property is on a large lot. All units are individually metered for gas & electric, plus there is a shared laundry room. ** Do not disturb tenants**

Last Agent to Sell the Property

David Evans Jr

Realty ONE Group License #BR537006000 Listed on: 06/23/2025

Last Buyer's Agent

Wai Tam

HomeSmart License #SA682200000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1967

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, sewer, landscaping
  • Tax Lot 323
  • Assessor Parcel Number 124-72-145-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are Irr
  • Lindon Park 9 Subdivision

Building Details

  • Operating Expense $11,813
  • Gross Income $46,269
  • Net Operating Income $34,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,243

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: Priest & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1967
  • Tax Year: 2024
  • Professional Management Expense: 1800.0
  • Subdivision Name: LINDON PARK 9
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1950.0

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 124-72-145-A

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 46269.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 34456.0
  • Annual Operating Expense: 11813.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Book Number: 124.00
  • Tax Lot: 323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Oct 7, 2025
Sold by
Mori Alvin
Bought by
Gks1 Development Llc
Seller's Agent
David Evans Jr
Realty ONE Group
Buyer's Agent
Wai Tam
HomeSmart
List Price
$630,000
Sold Price
$610,000
Premium/Discount to List
-$20,000
-3.17%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
264.96%

Purchase Details

Closed on
Jun 23, 2003
Sold by
Hauger Richard and Hauger Joann M
Bought by
Mori Alvin
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $610,000 American Title Service Agency
Warranty Deed $202,500 Capital Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $610,000 -3.2% $232 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $630,000 -- $239 / 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 $2,401 $20,028 -- --
2024 $2,216 $19,075 -- --
2023 $2,216 $62,300 $12,460 $49,840
2022 $2,126 $49,910 $9,980 $39,930
2021 $2,141 $42,820 $8,560 $34,260
2020 $2,076 $38,670 $7,730 $30,940
2019 $2,036 $32,170 $6,430 $25,740
2018 $1,986 $26,520 $5,300 $21,220
2017 $1,927 $22,300 $4,460 $17,840
2016 $1,913 $20,860 $4,170 $16,690
2015 $1,838 $20,530 $4,100 $16,430
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Evans Jr

    Realty One Group

    (480) 440-5892

    2 in this area

    10 Total Sales

    David Evans Jr
    Section Image

  • W

    Buyer's Agent in 2025

    Wai Tam

    HomeSmart

    (480) 326-8161

    2 in this area

    3 Total Sales

    Wai Tam
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-72-145A

Arizona Maricopa County Tempe 85281 West Tempe

1519 W 7th Place, Tempe, AZ

This home is located at 1519 W 7th Place, Tempe, AZ 85281 and is currently priced at $610,000, approximately $231 per square foot. This property was built in 1967. 1519 W 7th Place 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

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