NOT LISTED FOR SALE

1556 W 5th St Tempe, AZ 85281

West Tempe Neighborhood

Estimated Value: $880,000 - $923,684

Studio
-- Bath
3,369 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2017

Last sale price $210,000 $62 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $5,310 / mo

About This Home

Highly desirable and easy to manage Tempe income property on oversized lot! Two 2 bedroom 1 bath units with long term tenants. One rents for 700/month and the other at $600/month, with potential to increase rents. Low maintenance desert front yard and yards for tenants! Both homes have ceiling fans, blinds and door to the sideyard and each home includes refrigerator, washer and dryer! Very well maintained in a great area near ASU, Tempe Town Lake and Downtown Tempe. Free public transportation too with Tempe's Orbit bus running right down 5th Street! These homes are easy to rent! Looking for nice property to get started with income property, here it is!!!!

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2025
Sold by
Bought by
Current Estimated Value
$911,921

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 18, 2017
Sold by
Bought by
Seller's Agent
David Larsen
West USA Realty
Buyer's Agent
April Seyl
Realty ONE Group
List Price
$235,000
Sold Price
$210,000
Premium/Discount to List
-$25,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.88%
Original Mortgage
$168,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$915,000 Great American Title Agency
$210,000 Premier Title Agency
$220,000 Title Guaranty Agency
$106,000 Capital Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $168,000
Previous Owner $176,000
Previous Owner $95,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2017 12/28/17 Sold $210,000 -8.7% $134 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $229,900 -2.2% $147 / Sq Ft
10/19/2017 10/19/17 For Sale $235,000 -- $150 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,733 $44,492 -- --
2024 $4,324 $42,374 -- --
2023 $4,324 $80,280 $16,050 $64,230
2022 $4,123 $62,420 $12,480 $49,940
2021 $4,156 $52,630 $10,520 $42,110
2020 $4,011 $49,100 $9,820 $39,280
2019 $1,418 $22,970 $4,590 $18,380
2018 $1,382 $17,270 $3,450 $13,820
2017 $1,340 $15,830 $3,160 $12,670
2016 $1,332 $14,660 $2,930 $11,730
2015 $1,283 $14,280 $2,850 $11,430
Source: Public Records

Agents Affiliated with this Home

  • David Larsen

    Seller's Agent in 2017

    David Larsen

    West USA Realty

    (602) 430-5755

    1 in this area

    93 Total Sales

    David Larsen
    Section Image

  • A

    Buyer's Agent in 2017

    April Seyl

    Realty One Group

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Map

Arizona Maricopa County Tempe 85281 West Tempe

1556 W 5th St, Tempe, AZ

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.

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