NOT LISTED FOR SALE

368 S Farmer Ave Unit 368 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $763,000 - $894,000

2 Beds
3.5 Baths
2,365 Sq Ft
$351/Sq Ft Est. Value

Highlights

  • City Lights View
  • Contemporary Architecture
  • Granite Countertops
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • No HOA

About This Home

As of June 2013

Work from home at Farmer Ave Lofts! Al Beadle inspired work/live contemporary townhouse, over 2500sq.ft with attached 2 car garage. Granite island kitchen with Bosch appliances, floor to ceiling windows, walk in closet, good storage, two master bedrooms, two balconies and roof deck with great views of entire valley. Office / retail space can be used as 3rd bedroom and has attached bath. UPDATED 5/30, DISCOUNTED FROM $2700/month. New paint, carpets professional cleaning this week.

Last Agent to Rent the Property

Brandon Constintino

Compass License #SA571454000 Listed on: 05/24/2013

Compass

Last Renter's Agent

Frances Rasouli

Realty One Scottsdale LLC License #SA539428000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 2008

Lot Details

  • 2,533 Sq Ft Lot
  • Wrought Iron Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,365 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/31/13
  • Rent includes repairs
  • 12-Month Minimum Lease Term
  • Tax Lot 9
  • Assessor Parcel Number 124-32-146

Community Details

Overview

  • No Home Owners Association
  • Built by Tempe Urban Developers
  • Farmer Ave Lofts Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,142

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: Repairs
  • Available Date: 2013-05-31

Listing Details

  • Cross Street: University & Mill Ave
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: W. on University, N. on Farmer Ave to property on west side of Farmer Ave
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: FARMER AVE LOFTS
  • Architectural Style: Contemporary
  • Structure Type: String
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2365.0
  • Stories: 3
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Patio
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extnded Lngth Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool
  • Association: No

Schools

  • High School: Tempe Academy Of International Studies McKemy
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 2533.0
  • Parcel #: 124-32-146
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tempe Urban Developers

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 9
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Jio Sarah A and Ebel Brandon D
Bought by
Ebel Brandon D
Current Estimated Value
$829,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Outstanding Balance
$419,265
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$410,269

Purchase Details

Closed on
Sep 6, 2024
Sold by
16Th & Spring Development Llc
Bought by
Ebel Brandon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Outstanding Balance
$419,265
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$410,269

Purchase Details

Closed on
Dec 8, 2023
Sold by
Farmerwils Llc
Bought by
16Th And Spring Development Co Llc and Ebel Properties Llc

Purchase Details

Closed on
Dec 16, 2015
Sold by
Synergy Farmer Avenue Lp
Bought by
Tincath Llc

Purchase Details

Closed on
May 23, 2012
Sold by
Avatar Development Group Llc
Bought by
Synergy Farmer Avenue Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,257,500
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2010
Sold by
Parkway Bank & Trust Company
Bought by
Avatar Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,385,900
Interest Rate
4.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2010
Sold by
Tempe Ancala Group Llc
Bought by
Parkway Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,385,900
Interest Rate
4.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 2009
Sold by
Tempe Urban Communities Llc
Bought by
Tempe Ancala Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,385,900
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
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
Ebel Brandon D -- Fidelity National Title Agency
Ebel Brandon D -- Fidelity National Title Agency
16Th And Spring Development Co Llc $4,000,000 Fidelity National Title Agency
Tincath Llc $9,180,000 Chicago Title Agency Inc
Synergy Farmer Avenue Lp $6,600,000 Fidelity Natl Title Agency I
Avatar Development Group Llc -- Great American Title Agency
Parkway Bank & Trust Company -- Great American Title Agency
Tempe Ancala Group Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebel Brandon D $422,000
Previous Owner Farmerwils Llc $9,600,000
Previous Owner Synergy Farmer Avenue Lp $4,257,500
Previous Owner Avatar Development Group Llc $5,385,900
Previous Owner Tempe Ancala Group Llc $5,385,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Rented $2,400 -11.1% --
06/04/2013 06/04/13 Under Contract -- -- --
05/24/2013 05/24/13 For Rent $2,700 -- --
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 $2,142 $19,123 -- --
2024 $2,116 $18,213 -- --
2023 $2,116 $49,590 $9,990 $39,600
2022 $2,030 $34,410 $3,990 $30,420
2021 $2,044 $33,220 $3,850 $29,370
2020 $1,982 $25,220 $2,920 $22,300
2019 $1,944 $20,630 $2,390 $18,240
2018 $1,896 $22,000 $4,400 $17,600
2017 $1,840 $20,515 $4,115 $16,400
2016 $1,827 $21,250 $4,250 $17,000
2015 $1,755 $11,740 $1,360 $10,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4941999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-146