NOT LISTED FOR SALE

2163 E Howe Ave Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $775,694 - $976,000

-- Bed
-- Bath
3,432 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $430,000 $125 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,976/month

Highlights

  • Cooling Available
  • Heat Pump System
  • 4-minute walk to Escalante Park
  • Concrete Flooring

About This Home

As of September 2017

Tempe 4plex with large 2 bedroom/2 bathroom units. Built in 1985. Many upgrades over last several years. Current rents are $875/$895/$740/$620. $620 rent with 10+ yr tenant. Tenants pay electric, owner pays water/sewer. Close proximity to light rail, 202 and 101. Expenses estimated. Buyer to complete and rely on own due diligence.

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 08/30/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1985

Lot Details

  • 10,846

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot A
  • Assessor Parcel Number 132-72-038-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10846

Building Details

  • Operating Expense $10,653
  • Gross Income $35,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,732

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: PRICE & UNIVERSITY
  • Property Type: Multiple Dwellings
  • Zoning: R-3R
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: Near light rail, 202, and 101. McClintock to University east, south on Price to Howe.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 35682.0
  • Annual Operating Expense: 10653.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1732.0
  • Tax Book Number: 132.00
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Perry Matthew
Bought by
Perry Matthew and Perry Natalie Rose
Current Estimated Value
$882,174

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 18, 2017
Sold by
Hull Thomas L and Hull Janice K
Bought by
Perry Matthew S
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$422,211
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2006
Sold by
Ngo Khanh
Bought by
Hull Thomas L and Hull Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Rigoli John and Rigoli Delphine
Bought by
Ngo Khanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Bolton Kenneth
Bought by
Rigoli James I and Rigoli Delphine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Leaf Elizabeth H
Bought by
Bolton Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Leaf Elizabeth H
Bought by
Leaf Elizabeth H and The Elizabeth H Leaf Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perry Matthew -- None Listed On Document
Perry Matthew S $430,000 Chicago Title Agency Inc
Hull Thomas L $390,000 First American Title Ins Co
Ngo Khanh $280,000 Chicago Title Insurance Co
Rigoli James I $261,300 Chicago Title Insurance Co
Bolton Kenneth $237,000 Chicago Title Insurance Co
Leaf Elizabeth H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Matthew S $548,250
Previous Owner Perry Matthew S $422,211
Previous Owner Hull Thomas L $312,000
Previous Owner Ngo Khanh D $50,000
Previous Owner Ngo Khanh $206,250
Previous Owner Rigoli James I $204,000
Previous Owner Bolton Kenneth $213,300
Closed Rigoli James I $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $430,000 0.0% $125 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $430,000 -- $125 / 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 $2,031 $18,129 -- --
2024 $2,006 $17,266 -- --
2023 $2,006 $86,200 $17,240 $68,960
2022 $1,925 $59,280 $11,850 $47,430
2021 $1,938 $49,560 $9,910 $39,650
2020 $1,879 $44,180 $8,830 $35,350
2019 $1,843 $36,450 $7,290 $29,160
2018 $1,798 $34,430 $6,880 $27,550
2017 $1,744 $29,700 $5,940 $23,760
2016 $1,732 $28,580 $5,710 $22,870
2015 $1,663 $20,980 $4,190 $16,790
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    2 in this area

    51 Total Sales

    James Stephens
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5653508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-72-038F

Arizona Maricopa County Tempe 85281 Apache

2163 E Howe Ave, Tempe, AZ

This home is located at 2163 E Howe Ave, Tempe, AZ 85281 since 30 August 2017 and is currently estimated at $882,174, approximately $257 per square foot. This property was built in 1985. 2163 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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