NOT LISTED FOR SALE

2443 E University Dr Unit 11 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $271,000 - $562,000

0.59 Acre
$703,390 Price per Acre
25,700 Sq Ft Lot

Last Sold January 12, 2022

Last sale price $400,000

Est. 4% increase in value since last sale

Current estimated payment $2,357/month

335 Days on Market

About This Lot

As of January 2022

Calling all Builders and Investors! Rare opportunity in Tempe. This property includes 3 lots totaling 25,977 SqFt.; they are currently zoned R2 Multi–Family Residential and will be sold together. Build 3 single family homes, 3 duplexes or a single building (5-6 units). Confirm with Tempe City Planning and Development. Minutes from ASU and Tempe Market Place. Easy access to loop 101, loop 202 and US 60.

Last Agent to Sell the Property

Franca Amoroso-Chang

Century 21 Toma Partners License #SA650910000 Listed on: 03/30/2021

Century 21 Toma Partners

Last Buyer's Agent

Aaron Sams

HomeSmart License #BR644927000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $435

Lot Details

  • 0.59 Acre Lot
  • Additional Parcels
  • Property is zoned R2

Community Details

  • No Home Owners Association
  • Victory Tract Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 135-43-011-C

Property Details

Property Type

Land

Est. Annual Taxes

$435

Lot Details

0

Listing Details

  • Cross Street: 101 and E University Dr
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R2
  • Tax Year: 2020
  • Directions: From 101 get out at E University Dr. Lots on South side.
  • Lot Size Acres: 0.59
  • Subdivision Name: VICTORY TRACT
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 25977
  • Lot Size Sq Ft: 25977.0
  • Additional Parcels: Yes
  • Parcel #: 135-43-011-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 435.0
  • Tax Book Number: 135.00
  • Tax Lot: 11
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Dec 30, 2021
Sold by
Charles F Stecker Living Trust
Bought by
Sudan Amit
Seller's Agent
Franca Amoroso-Chang
Century 21 Toma Partners
Buyer's Agent
Aaron Sams
HomeSmart
List Price
$485,000
Sold Price
$400,000
Premium/Discount to List
-$85,000
-17.53%
Total Days on Market
335
Current Estimated Value
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Nov 10, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Bank Of America Na and Stecker Alison C

Purchase Details

Closed on
Jun 22, 2007
Sold by
Jpmorgan Chase Bank Na
Bought by
Jpmorgan Chase Bank Na and Charles F Stecker Living Trust

Purchase Details

Closed on
May 19, 2000
Sold by
University Bar Inc
Bought by
Recovered Property Llc

Purchase Details

Closed on
Sep 16, 1999
Sold by
Atkinson Joseph E
Bought by
University Bar Inc and Brooks Horse Farm Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sudan Amit $400,000 Grand Canyon Title
Bank Of America Na -- None Available
Jpmorgan Chase Bank Na -- None Available
Recovered Property Llc -- First American Title
University Bar Inc -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $400,000 -5.9% --
12/21/2021 12/21/21 Pending -- -- --
11/04/2021 11/04/21 Price Changed $425,000 -10.5% --
06/16/2021 06/16/21 Price Changed $475,000 -2.1% --
03/30/2021 03/30/21 For Sale $485,000 0.0% --
02/06/2021 02/06/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $485,000 -- --
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 $470 $4,198 $4,198 --
2024 $464 $3,998 $3,998 --
2023 $464 $11,265 $11,265 $0
2022 $446 $10,065 $10,065 $0
2021 $449 $9,870 $9,870 $0
2020 $435 $7,620 $7,620 $0
2019 $427 $6,555 $6,555 $0
2018 $416 $6,195 $6,195 $0
2017 $404 $6,090 $6,090 $0
2016 $401 $5,025 $5,025 $0
2015 $411 $4,464 $4,464 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6183483

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-43-011C