NOT LISTED FOR SALE

1915 E Hayden Ln Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $818,000 - $1,100,000

-- Bed
-- Bath
1,420 Sq Ft
$690/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $783,995 $552 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,386/month

6 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • 3-minute walk to Alegre Park
  • Thew Elementary School Rated 9+

About This Home

As of April 2019

--All Offers Due by April 19th--
Rare Opportunity to purchase a Value-Add apartment complex in the Heart of Tempe near ASU campus buildings, 2 Metro Light Rail Stops, Multiple Freeways, and Tempe Marketplace (all located within 1 mile). This offering consists of 4 duplex buildings (all must be purchased together). Property is being offered $25,000-$56,000/unit below most Closed Tempe duplex comps. Additionally, this property comes with room to build more units.

Hurry before this opportunity is gone!

No showings or access provided until accepted offer.

Tenant's Right Prevail- Please do not walk through the property or disturb the tenants. Drive-by via Hayden Lane only please.

Last Agent to Sell the Property

Zack Mishkin

Orion Investment Real Estate License #SA566430000 Listed on: 04/04/2019

Last Buyer's Agent

Zack Mishkin

Orion Investment Real Estate License #SA566430000 Listed on: 04/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1967

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction

Parking

  • 17 Open Parking Spaces
  • 17 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 132-64-008-A

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 205x155
  • O C Watson Tract Subdivision

Building Details

  • Operating Expense $3,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,382

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: McClintock Dr. & Hayden Ln.
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: r-3, r-4
  • Number Of Buildings: 4
  • Year Built: 1967
  • Tax Year: 2018
  • Directions: From S. McClintock Dr, head East on Hayden Ln. Property is on South side of Road.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: O C WATSON TRACT
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks, Frame - Wood
  • Roof: Other, See Remarks, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 17.0
  • Total Parking Spaces: 17.0
  • General Property Description:Uncvrd Parking Spcs: 17.0
  • General Property Description:Total Parking Spcs: 17.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Heat Pump, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 205x155
  • Additional Parcels: Yes
  • Parcel #: 132-64-008-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 8
  • Annual Operating Expense: 3382.26

Tax Info

  • Tax Annual Amount: 3382.26
  • Tax Book Number: 132.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Golnazarian Andre
Bought by
Hayden Lane Apartments 2011C Llc
Current Estimated Value
$980,268

Purchase Details

Listed on
Apr 4, 2019
Closed on
Mar 19, 2019
Sold by
Rigo Kiwi Investments Llc
Bought by
Risi Companies Llc
Seller's Agent
Zack Mishkin
Orion Investment Real Estate
Buyer's Agent
Zack Mishkin
Orion Investment Real Estate
List Price
$799,995
Sold Price
$783,995
Premium/Discount to List
-$16,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$460,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2013
Sold by
Paying Cash For Houses Com Llc
Bought by
Rigo Kiwi Investments Llc

Purchase Details

Closed on
May 18, 2012
Sold by
Tritex Real Estate Advisors Ii Inc
Bought by
Paying Cash For Housescom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2012
Sold by
Anh Byungkoo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 13, 2012
Sold by
Fannie Mae
Bought by
Tritex Real Estate Advisors Ii Inc

Purchase Details

Closed on
Dec 3, 2003
Sold by
Hollowell Irene J
Bought by
Hollowell Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1995
Sold by
Hollowell Karen
Bought by
Hollowell Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.84%
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 Buyer Sale Price Title Company
Hayden Lane Apartments 2011C Llc $1,240,000 Old Republic Title Agency
Risi Companies Llc $575,000 Premier Title Agency
Rigo Kiwi Investments Llc -- None Available
Paying Cash For Housescom Llc $172,500 First American Title
Federal National Mortgage Association $150,000 None Available
Tritex Real Estate Advisors Ii Inc $150,000 None Available
Hollowell Eric L -- Capital Title Agency Inc
Hollowell Eric -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risi Companies Llc $460,000
Previous Owner Paying Cash For Housescom Llc $138,000
Previous Owner Hollowell Eric L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $783,995 -2.0% $552 / Sq Ft
04/02/2019 04/02/19 For Sale $799,995 -- $563 / 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 $2,268 $20,244 -- --
2024 $2,240 $19,280 -- --
2023 $2,240 $82,710 $16,540 $66,170
2022 $2,149 $56,700 $11,340 $45,360
2021 $2,164 $50,080 $10,010 $40,070
2020 $2,098 $44,630 $8,920 $35,710
2019 $2,058 $36,100 $7,220 $28,880
2018 $2,007 $34,270 $6,850 $27,420
2017 $1,948 $27,960 $5,590 $22,370
2016 $1,934 $26,910 $5,380 $21,530
2015 $1,857 $22,400 $4,480 $17,920
Source: Public Records

Agents Affiliated with this Home

  • Zack Mishkin

    Seller's Agent in 2019

    Zack Mishkin

    Orion Investment Real Estate

    (602) 363-6363

    3 Total Sales

    Zack Mishkin
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5905895

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-008A

Arizona Maricopa County Tempe 85281 Apache

1915 E Hayden Ln, Tempe, AZ

This home is located at 1915 E Hayden Ln, Tempe, AZ 85281 since 04 April 2019 and is currently estimated at $980,268, approximately $690 per square foot. This property was built in 1967. 1915 E Hayden Ln is a home located in Maricopa County with nearby schools including Thew 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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