D
Seller's Agent in 2022
Dennis Kolodin
Metro Realty
402 S Beck Ave Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated Value: $841,000 - $1,475,000
Studio
--
Bath
1,170
Sq Ft
$913/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Ceiling Fan
- Heating Available
- Cooling Available
About This Home
As of March 2022Beautiful mid century modern gray brick apartment complex in 3 bldgs on 3 lots with a pool courtyard. All units remodeled in 2002-2021 with new kitchens, appliances, etc etc. Two units are furnished. 4 Units have backyards. All units have full size washer dryers so old laundry room is now vacant and attached to a storage room. Might make a nice studio apt.
Last Agent to Sell the Property
Dennis Kolodin
Metro Realty License #BR535429000 Listed on: 11/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,000
Year Built
- Built in 1962
Lot Details
- 5,401
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Scales Technology Academy Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Cooling Available
- Heating Available
Additional Features
- Ceiling Fan
- Additional Parcels
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 3
- Assessor Parcel Number 124-28-011-C
Community Details
Overview
- 3 Buildings
- 10 Units
- Building Dimensions are 165x94
- Pecan Grove Estates Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $35,080
- Gross Income $182,190
- Net Operating Income $152,228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2018
Sold by
Campus Arms 2 L L C
Bought by
South Beck Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$989,784
Outstanding Balance
$857,796
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$209,871
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| South Beck Llc | $1,110,000 | Premier Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | South Beck Llc | $989,784 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | $2,889,610 | -3.7% | $2,470 / Sq Ft | |
| 12/18/2021 12/18/21 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $3,000,000 | +106.9% | $2,564 / Sq Ft | |
| 01/16/2020 01/16/20 | Sold | $1,450,000 | -8.8% | $1,239 / Sq Ft | View Prior Sale |
| 12/13/2019 12/13/19 | Pending | -- | -- | -- | |
| 12/04/2019 12/04/19 | Price Changed | $1,590,000 | -3.6% | $1,359 / Sq Ft | |
| 09/26/2019 09/26/19 | Price Changed | $1,650,000 | -5.7% | $1,410 / Sq Ft | |
| 09/17/2019 09/17/19 | Price Changed | $1,750,000 | -2.8% | $1,496 / Sq Ft | |
| 08/13/2019 08/13/19 | For Sale | $1,800,000 | -- | $1,538 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,087 | $17,416 | -- | -- |
| 2024 | $1,927 | $16,586 | -- | -- |
| 2023 | $1,927 | $57,830 | $10,330 | $47,500 |
| 2022 | $1,849 | $45,490 | $8,120 | $37,370 |
| 2021 | $1,862 | $38,220 | $6,820 | $31,400 |
| 2020 | $1,805 | $33,700 | $6,020 | $27,680 |
| 2019 | $1,771 | $27,700 | $4,940 | $22,760 |
| 2018 | $1,727 | $22,960 | $4,100 | $18,860 |
| 2017 | $1,675 | $18,510 | $3,300 | $15,210 |
| 2016 | $1,664 | $17,560 | $3,130 | $14,430 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dallas Wormley
Seller Co-Listing Agent in 2022
Dallas Wormley
R & I Realty
(480) 433-2744
1 in this area
119 Total Sales
-
Germain Villeneuve
Buyer's Agent in 2022
Germain Villeneuve
Keller Williams Arizona Realty
(480) 767-3001
1 in this area
3 Total Sales
-
John Klocek
Seller's Agent in 2020
John Klocek
ABI Multifamily
(602) 639-0088
22 Total Sales
-
Patrick Burch
Seller Co-Listing Agent in 2020
Patrick Burch
ABI Multifamily
(520) 603-1768
35 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6319982
APN: 124-28-011C
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.
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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