$329,900
$13K PRICE DROP

2122 E Margarita Dr Tempe, AZ 85281

Alameda Neighborhood

Estimated payment $2,216/month

Total Views 2,904
2 Beds
1.5 Baths
1,248 Sq Ft
$264 Price per Sq Ft

Highlights

  • Clubhouse
  • Granite Countertops
  • Heated Community Pool
  • Property is near public transit and bus stop
  • Private Yard
  • Breakfast Area or Nook

About This Home

Exceptional opportunity to own a prime location, income-generating, short-term rental with a proven track record of success. This property is being offered completely turnkey - all furnishings, décor, and operational setup convey with the sale.
Thoughtfully curated for both comfort and style, the home features inviting living spaces, a well-appointed kitchen and 2 car garage - all designed to maximize guest experience and occupancy. The property boasts consistent bookings, strong guest reviews and established revenue history - an ideal addition to any investment portfolio or for a first-time STR investor seeking immediate cash flow. Don't miss this rare opportunity to acquire a fully operational, income-producing vacation rental! Owner is a licensed AZ real estate agent.

Listing Agent

Kristen Farrell

HomeSmart Realty License #SA707090000 Listed on: 04/10/2026

HomeSmart Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1974

Lot Details

  • 2,561 Sq Ft Lot
  • Two or More Common Walls
  • Private Streets
  • Artificial Turf
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • North or South Exposure
  • Property is near public transit and bus stop

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 133-01-160

Community Details

Overview

  • Association fees include maintenance exterior, roof repair, ground maintenance
  • Las Brisas Association, Phone Number (480) 303-0251
  • Torre Molinos Subdivision

Amenities

  • Clubhouse

Recreation

  • Heated Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,286

Year Built

Built in 1974

Lot Details

2,561 Sq Ft Lot

HOA Fees

$350 per month

Parking

2

Listing Details

  • Cross Street: BROADWAY/PRICE
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 350.0
  • Updated Heating or Cooling Units: Full
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2025
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: TORRE MOLINOS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 264.34
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Stacked Washer/Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Eat-in Kitchen, Pantry, Granite Counters, Upstairs
  • Living Area: 1248.0
  • Stories: 2

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Storage, Private Street(s), Private Yard
  • Lot Features: North/South Exposure, Grass Front, Synthetic Grass Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Levels, 2+ Common Walls
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Detached, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Clubhouse
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: LAS BRISAS
  • Phone: 480-303-0251
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Exterior, Roof Repair, Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2561.0
  • Parcel #: 133-01-160

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1286.0
  • Tax Book Number: 133.0
  • Tax Lot: 156
  • Tax Map Number: 1.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,285 $10,724 -- --
2024 $1,187 $10,213 -- --
2023 $1,187 $22,820 $4,560 $18,260
2022 $1,138 $17,680 $3,530 $14,150
2021 $999 $16,530 $3,300 $13,230
2020 $966 $15,180 $3,030 $12,150
2019 $1,090 $13,710 $2,740 $10,970
2018 $1,063 $12,600 $2,520 $10,080
2017 $1,032 $11,130 $2,220 $8,910
2016 $1,024 $10,100 $2,020 $8,080
2015 $860 $9,060 $1,810 $7,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Price Changed $329,900 -3.8% $264 / Sq Ft
04/10/2026 04/10/26 For Sale $343,000 +71.5% $275 / Sq Ft
08/21/2019 08/21/19 Sold $200,000 -2.4% $160 / Sq Ft View Prior Sale
07/26/2019 07/26/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $205,000 0.0% $164 / Sq Ft
07/08/2019 07/08/19 For Sale $205,000 0.0% $164 / Sq Ft
07/08/2019 07/08/19 Price Changed $205,000 0.0% $164 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $205,000 0.0% $164 / Sq Ft
07/01/2016 07/01/16 Rented $1,125 0.0% --
06/27/2016 06/27/16 Under Contract -- -- --
06/16/2016 06/16/16 For Rent $1,125 0.0% --
06/06/2016 06/06/16 Sold $179,000 0.0% $148 / Sq Ft View Prior Sale
05/31/2016 05/31/16 For Sale $179,000 0.0% $148 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/30/2016 04/30/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $179,000 +43.1% $148 / Sq Ft
09/05/2013 09/05/13 Sold $125,100 +0.1% $103 / Sq Ft View Prior Sale
08/04/2013 08/04/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $125,000 -- $103 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $200,000 Chicago Title Agency
Warranty Deed $179,000 Chicago Title Agency Inc
Warranty Deed $125,100 Millennium Title Agency Llc
Warranty Deed $124,000 Security Title Agency
Warranty Deed $116,900 Security Title Agency
Warranty Deed $62,000 Stewart Title & Trust
Interfamily Deed Transfer -- Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $194,000 New Conventional
Previous Owner $161,100 New Conventional
Previous Owner $112,590 New Conventional
Previous Owner $99,200 New Conventional
Previous Owner $106,900 New Conventional
Previous Owner $55,800 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7000073

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-01-160

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