NOT LISTED FOR SALE

2017 E Lemon St Tempe, AZ 85281

Apache Neighborhood
8 Beds
5 Baths
-- Sq Ft
1961 Built

Last Sold December 14, 2015

Last sale price $301,500

146 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • 2-minute walk to Smith-Martin/Apache Blvd

About This Home

As of December 2015

Long term tenants! Super low turnover! Desert Landscaping! Newer HVACs & Electric! Easy Keeper! One tenant takes care of the landscaping for a $50 per month rent reduction! Two units share the storage area! Buyer to verify all items during the due diligence period.

Last Listed By

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 07/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 132-70-160

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are irr
  • Zella Vista Subdivision

Building Details

  • Operating Expense $12,630
  • Gross Income $30,164
  • Net Operating Income $17,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 101 & Apache
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 1723
  • Directions: West to Smith Road, North to Lemon, East to property. 2017 & 2021 E Lemon (2 buildings sharing a driveway).
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2715.0
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: ZELLA VISTA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3720.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 132-70-160

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 30164.4
  • Insurance Expense: 1138.0
  • Maintenance Expense: 1900.0
  • Property Net Operating Income: 17285.0
  • Annual Operating Expense: 12630.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2014.0
  • Tax Book Number: 132.00
  • Tax Lot: 10

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $301,500 -9.7% --
11/25/2015 11/25/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $334,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lloyd Kaipainen

    Seller's Agent in 2015

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lois Kaipainen

    Income Property Shop

    Section Image
  • Michelle Hoogendoorn

    Buyer's Agent in 2015

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    18 Total Sales

    Michelle Hoogendoorn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5302292

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Apache

2017 E Lemon St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 2017 E Lemon St, Tempe, AZ 85281 since 03 July 2015. This property was built in 1961. 2017 E Lemon St 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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