Seller's Agent in 2024
Cindy Davis
Compass
(818) 687-0196
1 in this area
56 Total Sales
1973 E 10th St Tempe, AZ 85281
Apache NeighborhoodEstimated Value: $829,313 - $954,000
--
Bed
--
Bath
2,576
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Heating Available
- 4-minute walk to Alegre Park
- Ceramic Tile Flooring
About This Home
As of December 2024Prime Corner Lot 4Plex! Just minutes from ASU and the Light Rail, this single-story fourplex s a fantastic find for investors /developers.Each of the 2 Bed/1 Bath, 644 SqFt units is fully tiled and includes a private yard and storage space. Located on a corner lot, the property is surrounded by significant new development, attracting long-term tenants. With the potential to increase rents in a rapidly appreciating market, this property is a smart investment. While the laundry facility is currently inactive, it could be revived to generate additional income with coin-operated machines. Whether you're looking to start or expand your real estate portfolio, this fourplex has great potential. Two units has been updated with a new kitchen, flooring, lighting, and AC.Drive By Only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,849
Year Built
- Built in 1963
Lot Details
- 0.27
Home Design
- Brick Exterior Construction
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Free Parking
- Paved Parking
Schools
- Mcclintock High School
Utilities
- Multiple cooling system units
- Central Air
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Assessor Parcel Number 132-64-010-D
Community Details
Overview
- 4 Units
- Building Dimensions are .27 / 11,761
- O C Watson Tract Subdivision
Building Details
- Operating Expense $7,789
- Gross Income $46,170
- Net Operating Income $35,363
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2024
Closed on
Dec 24, 2024
Sold by
Lu Hongxia and Wang Shijun
Bought by
1973 E 10Th Llc
Seller's Agent
Cindy Davis
Compass
Buyer's Agent
Megan Lu
Gold Trust Realty
List Price
$850,000
Sold Price
$829,000
Premium/Discount to List
-$21,000
-2.47%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,578
Avg. Annual Appreciation
4.52%
Original Mortgage
$621,750
Outstanding Balance
$616,851
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$247,727
Purchase Details
Listed on
Sep 4, 2024
Closed on
Dec 19, 2024
Sold by
Pineda Enterprises Llc and Rosemary T Torres Living Trust
Bought by
Lu Hongxia and Wang Shijun
Seller's Agent
Cindy Davis
Compass
Buyer's Agent
Megan Lu
Gold Trust Realty
List Price
$850,000
Sold Price
$829,000
Premium/Discount to List
-$21,000
-2.47%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,750
Outstanding Balance
$616,851
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$247,727
Purchase Details
Closed on
Nov 16, 2023
Sold by
Frank G Pineda G and Frank Mary T
Bought by
Rosemary T Torres Living Trust and Ruben T Pineda Living Trust
Purchase Details
Closed on
Oct 19, 2012
Sold by
Pineda Frank Garcia and Pineda Mary Tapia
Bought by
Pineda Frank G and Frank G Pineda & Mary T Pineda Revocable
Purchase Details
Closed on
Oct 13, 2000
Sold by
Pineda Frank T and Pineda Donna M
Bought by
Pineda Enterprises Llc
Purchase Details
Closed on
Jan 7, 1999
Sold by
Pineda Frank G and Pineda Frank Garcia
Bought by
Pineda Frank G and Pineda Mary T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1973 E 10Th Llc | -- | Chicago Title Agency | |
| Lu Hongxia | $829,000 | Chicago Title Agency | |
| Lu Hongxia | $829,000 | Chicago Title Agency | |
| Rosemary T Torres Living Trust | -- | Final Title Support | |
| Pineda Frank G | -- | None Available | |
| Pineda Enterprises Llc | -- | -- | |
| Pineda Frank G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu Hongxia | $621,750 | |
| Closed | Lu Hongxia | $621,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $829,000 | -2.5% | $322 / Sq Ft |
| 12/08/2024 12/08/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $850,000 | -- | $330 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,002 | $16,707 | -- | -- |
| 2024 | $1,849 | $15,911 | -- | -- |
| 2023 | $1,849 | $70,430 | $14,080 | $56,350 |
| 2022 | $1,774 | $48,770 | $9,750 | $39,020 |
| 2021 | $1,786 | $41,460 | $8,290 | $33,170 |
| 2020 | $1,732 | $36,130 | $7,220 | $28,910 |
| 2019 | $1,699 | $29,120 | $5,820 | $23,300 |
| 2018 | $1,657 | $27,320 | $5,460 | $21,860 |
| 2017 | $1,607 | $23,610 | $4,720 | $18,890 |
| 2016 | $1,596 | $22,460 | $4,490 | $17,970 |
| 2015 | $1,533 | $18,950 | $3,790 | $15,160 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Davis
-
Megan Lu
M
Buyer's Agent in 2024
Megan Lu
Gold Trust Realty
(480) 466-0705
1 in this area
2 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6752006
APN: 132-64-010D
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.
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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