$475,000
SOLD MAR 14, 2025
-- Bed
-- Bath
1,494 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

7 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Ceramic Tile Flooring

About This Home

As of March 2025

Great income property for sale! This single-level duplex has such upside potential for rent and very high demand. Each unit includes 2 bedrooms, 1 bathroom, covered parking, tile flooring, and inside laundry. Recent updates include a new hot water heater (2024), newer HVAC units (2020, 2022), and a replaced sewer line connecting to the city. The fenced backyard features a covered patio, storage, and low-maintenance pavers with desert landscaping. Centrally located in Tempe near ASU, Sky Harbor Airport, shopping, dining, entertainment, and public transportation.

Last Agent to Sell the Property

Daniel Brown

My Home Group Real Estate License #SA586198000 Listed on: 02/06/2025

My Home Group Real Estate

Last Buyer's Agent

Alondra Churcher

DeLex Realty License #SA657155000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Free Parking

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 15
  • Assessor Parcel Number 124-38-019

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x120
  • Ginny Mae Estates Unit 1 Subdivision

Building Details

  • Operating Expense $1,713
  • Gross Income $23,400
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,713

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: W University Dr & S Priest Dr
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3R
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: GINNY MAE ESTATES UNIT 1
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Free, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), 2 or More Units
  • Heating: 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 60x120
  • Additional Parcels: No
  • Parcel #: 124-38-019

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0
  • Property Net Operating Income: 23400.0
  • Annual Operating Expense: 1713.0

Tax Info

  • Tax Annual Amount: 1713.0
  • Tax Book Number: 124.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 12, 2025
Sold by
Harman-Hirsch Michelle
Bought by
Kyles Billy
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Alondra Churcher
DeLex Realty
List Price
$475,000
Sold Price
$475,000
Total Days on Market
7
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.20%
Original Mortgage
$356,250
Outstanding Balance
$355,955
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$183,711

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 6, 2025
Sold by
Hirsch Paul and Harman-Hirsch Michelle
Bought by
Harman-Hirsch Michelle
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Alondra Churcher
DeLex Realty
List Price
$475,000
Sold Price
$475,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$355,955
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$183,711

Purchase Details

Closed on
Mar 15, 2005
Sold by
Harman Hirsch Michelle
Bought by
Harman Hirsch Michelle

Purchase Details

Closed on
Sep 3, 1996
Sold by
Harman Richard W
Bought by
Harman Richard W
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 $475,000 Landmark Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $475,000 0.0% $318 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $475,000 -- $318 / 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 $1,713 $15,295 -- --
2024 $1,693 $14,567 -- --
2023 $1,693 $45,910 $9,180 $36,730
2022 $1,510 $35,760 $7,150 $28,610
2021 $1,530 $31,310 $6,260 $25,050
2020 $1,481 $28,260 $5,650 $22,610
2019 $1,453 $22,920 $4,580 $18,340
2018 $1,416 $19,100 $3,820 $15,280
2017 $1,373 $16,070 $3,210 $12,860
2016 $1,364 $14,830 $2,960 $11,870
2015 $1,315 $14,460 $2,890 $11,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6817231

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-38-019