NOT LISTED FOR SALE

2161 E Howe Ave Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $611,000 - $1,096,000

-- Bed
-- Bath
3,432 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $210,000 $61 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $4,989/month

5 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 4-minute walk to Escalante Park
  • Carpet

About This Home

As of September 2013

Great location in Tempe with excellent potential. Large 2/2 units with laundry in each unit. Needs extensive work. Identical 4 plex on East side is renting for $750 a unit. All facts and figures approximate including MLS info. Buyer and Agent advised to exercise due diligence and to verify all information to their satisfaction.

Last Agent to Sell the Property

Jim Swindle

Better Homes & Gardens Real Estate SJ Fowler License #BR639712000 Listed on: 08/17/2013

Last Buyer's Agent

Sophia Baron

Grace CRE License #BR648866000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1985

Lot Details

  • 10,846

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 132-72-038-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10846
  • Lola Vista Subdivision

Building Details

  • Operating Expense $5,259
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Loop 101 & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2012
  • Directions: South on Price to E Howe Ave. West on Howe to 2nd 4plex on South side.
  • Road Surface Type: Asphalt
  • Subdivision Name: LOLA VISTA
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

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

Lot Info

  • Lot Size: 10846
  • Additional Parcels: No
  • Parcel #: 132-72-038-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Insurance Expense: 700.0
  • Annual Operating Expense: 5259.0

Tax Info

  • Tax Annual Amount: 1559.0
  • Tax Book Number: 132.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2013
Closed on
Sep 6, 2013
Sold by
Brown David J
Bought by
Ringel Allen
Seller's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$886,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,333
Avg. Annual Appreciation
13.27%
Original Mortgage
$221,024
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Slavin Marc L and Slavin Scott
Bought by
Brown David J

Purchase Details

Closed on
May 11, 2007
Sold by
Slavin Marc L and Slavin Scott
Bought by
The Howe Property Equity Holding Land Tr and Vonglen Baron

Purchase Details

Closed on
Jan 5, 2007
Sold by
Gorgolinski Mike
Bought by
Slavin Scott and Slavin Marc L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Gorgolinski Mike and Landeen Jason
Bought by
Gorgolinski Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Ngo Khanh D
Bought by
Landeen Jason and Gorgolinski Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,526
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2004
Sold by
Delrey Ray
Bought by
Ngo Khanh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Delrey Teresa
Bought by
Delrey Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,350
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Leaf Elizabeth H
Bought by
Delrey Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,350
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Leaf Elizabeth H
Bought by
Leaf Elizabeth H and The Elizabeth H Leaf Family Trust
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
Ringel Allen $210,000 Stewart Title & Trust Of Pho
Brown David J $300,000 First American Title
The Howe Property Equity Holding Land Tr -- None Available
Slavin Scott $405,000 Capital Title Agency Inc
Gorgolinski Mike -- Smc Title Agency
Landeen Jason $390,000 Chicago Title Insurance Co
Ngo Khanh D $275,000 Chicago Title Insurance Co
Delrey Ray -- Fidelity National Title
Delrey Ray $231,735 Fidelity National Title
Leaf Elizabeth H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ringel Allen $448,000
Closed Ringel Allen $187,500
Closed Ringel Allen $221,024
Previous Owner Slavin Scott $525,000
Previous Owner Gorgolinski Mike $315,000
Previous Owner Gorgolinski Mike $90,000
Previous Owner Landeen Jason $81,526
Previous Owner Landeen Jason $312,000
Previous Owner Ngo Khanh D $50,000
Previous Owner Ngo Khanh D $199,500
Previous Owner Delrey Ray $185,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $210,000 0.0% $61 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $210,000 -- $61 / 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 $2,025 $18,074 -- --
2024 $2,000 $17,213 -- --
2023 $2,000 $86,200 $17,240 $68,960
2022 $1,919 $59,280 $11,850 $47,430
2021 $1,932 $49,560 $9,910 $39,650
2020 $1,873 $44,180 $8,830 $35,350
2019 $1,838 $36,450 $7,290 $29,160
2018 $1,792 $34,430 $6,880 $27,550
2017 $1,739 $29,700 $5,940 $23,760
2016 $1,727 $28,580 $5,710 $22,870
2015 $1,658 $20,980 $4,190 $16,790
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Swindle

    Better Homes & Gardens Real Estate SJ Fowler

  • Sophia Baron

    Buyer's Agent in 2013

    Sophia Baron

    Grace CRE

    (480) 375-0227

    88 Total Sales

    Sophia Baron
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4984897

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-72-038E

Arizona Maricopa County Tempe 85281 Apache

2161 E Howe Ave, Tempe, AZ

This home is located at 2161 E Howe Ave, Tempe, AZ 85281 since 17 August 2013 and is currently estimated at $886,333, approximately $258 per square foot. This property was built in 1985. 2161 E Howe Ave 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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