NOT LISTED FOR SALE

1878 E Southern Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $400,369

0.41 Acre
$976,510 Price per Acre
17,860 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $400,000

Current estimated payment $2,632/month

226 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Partially Fenced Property

About This Lot

As of September 2023

Rare Commercial/Residential opportunity located near Arizona State University and Downtown Tempe. Just 3 miles from the main ASU campus, this prime .41 acre property is zoned within the R-O district which allows new development at the residential level. This property is fully approved for 4, three story townhomes at 3375 square feet each. 4 car garages are optional and approved. Plans and approval are included in the purchase price. This project is shovel ready. Don't miss this rare opportunity to develop in a highly sought after location. Buy and start building now!

Last Agent to Sell the Property

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 01/15/2023

Last Buyer's Agent

Lacey Lehman

Realty ONE Group License #SA563434000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,382

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Property is zoned RO

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 133-34-820

Property Details

Property Type

Land

Est. Annual Taxes

$4,382

Lot Details

0

Listing Details

  • Cross Street: MCCLINTOCK DR/SOUTHERN AVE
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: RO
  • Tax Year: 2022
  • Directions: McClintock and Southern, go East to property on North side of Southern Ave.
  • Horses: No
  • Lot Size Acres: 0.41
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, Single Family, Commercial, Office

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 129 X 131
  • Lot Size Sq Ft: 18018.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 133-34-820
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4382.0
  • Tax Book Number: 133.00
  • Tax Lot: -
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Sep 12, 2023
Sold by
1878 Tempe Llc
Bought by
Southern 1878 Llc
Seller's Agent
Pete Baldwin
Platinum Realty Network
Buyer's Agent
Lacey Lehman
Realty ONE Group
List Price
$750,000
Sold Price
$400,000
Premium/Discount to List
-$350,000
-46.67%
Total Days on Market
226
Views
272
Current Estimated Value
$400,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369
Avg. Annual Appreciation
0.05%

Purchase Details

Closed on
Mar 27, 2017
Sold by
Evon Delphi Llc
Bought by
1878 Tempe Llc

Purchase Details

Closed on
May 6, 2016
Sold by
Craft Family Fund Llc
Bought by
Evon Delphi Llc

Purchase Details

Closed on
Mar 9, 2010
Sold by
Craft Alissa P and Internal & Diagnostic Medical
Bought by
Craft Family Fund Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Southern 1878 Llc $400,000 Wfg National Title Insurance C
1878 Tempe Llc -- Accommodation
Evon Delphi Llc $180,000 Landmark Title Assurance Age
Craft Family Fund Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1878 Tempe Llc $90,000
Previous Owner 1878 Tempe Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $400,000 -27.3% --
08/29/2023 08/29/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $550,000 -26.7% --
06/16/2023 06/16/23 Price Changed $750,000 +50.3% --
06/10/2023 06/10/23 Price Changed $499,000 -33.5% --
01/15/2023 01/15/23 For Sale $750,000 -- --
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 $4,624 $41,281 $41,281 --
2024 $4,568 $39,315 $39,315 --
2023 $4,568 $46,500 $46,500 $0
2022 $4,382 $38,670 $38,670 $0
2021 $4,413 $38,670 $38,670 $0
2020 $4,279 $38,805 $38,805 $0
2019 $4,197 $35,130 $35,130 $0
2018 $4,093 $33,045 $33,045 $0
2017 $3,971 $30,600 $30,600 $0
2016 $3,943 $26,610 $26,610 $0
2015 $4,338 $29,024 $29,024 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Baldwin

    Seller's Agent in 2023

    Pete Baldwin

    Platinum Realty Network

    (480) 326-6521

    1 in this area

    45 Total Sales

    Pete Baldwin
    Section Image
  • Lacey Lehman

    Buyer's Agent in 2023

    Lacey Lehman

    Realty One Group

    (480) 703-6483

    3 in this area

    421 Total Sales

    Lacey Lehman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6507976

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-34-820

Arizona Maricopa County Tempe 85282 Alameda

1878 E Southern Ave, Tempe, AZ

This home is located at 1878 E Southern Ave, Tempe, AZ 85282 since 15 January 2023 and is currently estimated at $400,369. 1878 E Southern Ave 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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