NOT LISTED FOR SALE

1961 E Don Carlos Ave Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $401,000 - $532,000

2 Beds
1 Bath
768 Sq Ft
$576/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2023

Last sale price $440,000 $573 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,431 / mo

74 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Heating Available
  • 1-minute walk to Alegre Park
  • Central Air

About This Home

As of June 2023

*** NOT FOR RENT *** 2 DETACHED UNITS *** CLOSE TO ASU *** Looking for an investment opportunity? Get two detached units on one lot with this great opportunity in Tempe near ASU! The front unit is a 2 bedroom / 1 bath with a fireplace and has approx 768sq ft. It has tile throughout and it's own private backyard and carport. Tenants in Unit A are currently in place for about another year. The back unit is vacant and is a cozy 1 bedroom / 1 bath with approx 704sq ft, tile throughout and also has it's own private yard as well. ALL ON ONE LOT! Great location near lots of shopping, restaurants, airport, light rail, parks, schools, freeways, Tempe Town Lake and more. Come check it out and get make your offer before it's gone!

Last Agent to Sell the Property

Aaron Saenz

Tierra Bella Realty License #SA557564000 Listed on: 02/23/2023

Co-Listed By

Bonnie J Morgan

Tierra Bella Realty License #BR103982000

Last Buyer's Agent

Rahul Vohra

HomeSmart License #SA654241000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1958

Lot Details

  • 10,716

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 52
  • Assessor Parcel Number 132-67-047

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 71.5X150
  • Rancho El Dorado 26 35, 45 53 Subdivision

Building Details

  • Operating Expense $899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$899

Year Built

Built in 1958

Lot Details

10,716 Sq Ft Lot

Listing Details

  • Cross Street: Apache/McClintock
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: tibe001
  • Co List Office Phone: 480-276-4130
  • Subdivision Name: RANCHO EL DORADO 26-35, 45-53
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • 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:Fenced3: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size: 71.5X150
  • Additional Parcels: No
  • Parcel #: 132-67-047

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 899.0

Tax Info

  • Tax Annual Amount: 899.0
  • Tax Book Number: 132.00
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Agarwal Rishi
Bought by
Vishi Llc
Current Estimated Value
$442,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,700
Outstanding Balance
$361,157
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$81,234

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 28, 2023
Sold by
Thr Phoenix Lp
Bought by
Agarwal Rishi
Seller's Agent
Aaron Saenz
Tierra Bella Realty
Buyer's Agent
Rahul Vohra
HomeSmart
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$324,400
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2016
Sold by
2014-2 Ih Borrowers Lp
Bought by
Thr Phoenix Lp

Purchase Details

Closed on
Oct 15, 2012
Sold by
Forever 7 Llc
Bought by
Thr Phoenix Lp

Purchase Details

Closed on
May 19, 2009
Sold by
U S Bank National Association
Bought by
Forever 7 Llc

Purchase Details

Closed on
Nov 28, 2005
Sold by
Cuciti Michael and Cuciti Susan
Bought by
Lucas Sara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1998
Sold by
Horath Phyllis K
Bought by
Cuciti Michael and Cuciti Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.42%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Vishi Llc -- Pioneer Title Agency
Agarwal Rishi $440,000 Old Republic Title Agency
Thr Phoenix Lp -- None Available
Thr Phoenix Lp $3,035,000 Magnus Title Agency
Forever 7 Llc $65,000 Great American Title Agency
Lucas Sara Ann $310,000 Transnation Title
Cuciti Michael $42,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vishi Llc $362,700
Previous Owner Agarwal Rishi $324,400
Previous Owner Lucas Sara Ann $240,000
Previous Owner Cuciti Michael $32,500
Closed Lucas Sara Ann $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $440,000 -2.2% $573 / Sq Ft
06/24/2023 06/24/23 Price Changed $450,000 0.0% $586 / Sq Ft
06/24/2023 06/24/23 For Sale $450,000 0.0% $586 / Sq Ft
05/01/2023 05/01/23 Price Changed $450,000 -5.4% $586 / Sq Ft
04/17/2023 04/17/23 Price Changed $475,900 -4.8% $620 / Sq Ft
04/03/2023 04/03/23 Price Changed $499,900 -3.9% $651 / Sq Ft
03/16/2023 03/16/23 Price Changed $520,000 -2.8% $677 / Sq Ft
03/07/2023 03/07/23 Price Changed $535,000 -3.6% $697 / Sq Ft
02/23/2023 02/23/23 For Sale $555,000 0.0% $723 / Sq Ft
12/02/2017 12/02/17 Rented $840 0.0% --
11/18/2017 11/18/17 Under Contract -- -- --
11/15/2017 11/15/17 For Rent $840 +24.4% --
09/23/2014 09/23/14 Rented $675 0.0% --
09/04/2014 09/04/14 Under Contract -- -- --
08/25/2014 08/25/14 For Rent $675 +22.7% --
05/14/2013 05/14/13 Rented $550 0.0% --
03/28/2013 03/28/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $550 0.0% --
02/01/2012 02/01/12 Rented $550 0.0% --
01/25/2012 01/25/12 Under Contract -- -- --
12/07/2011 12/07/11 For Rent $550 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,015 $8,466 -- --
2024 $937 $8,063 -- --
2023 $937 $30,150 $6,030 $24,120
2022 $899 $22,130 $4,420 $17,710
2021 $905 $20,660 $4,130 $16,530
2020 $878 $16,880 $3,370 $13,510
2019 $861 $12,820 $2,560 $10,260
2018 $839 $11,070 $2,210 $8,860
2017 $814 $10,620 $2,120 $8,500
2016 $809 $9,600 $1,920 $7,680
2015 $777 $7,980 $1,590 $6,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6524195

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-67-047

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