NOT LISTED FOR SALE

406 & 408 W Pebble Beach Dr Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $536,707 - $595,000

1 Bed
2 Baths
920 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $412,000 $448 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,098/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of July 2020

Rare fantastic duplex in Tempe. Both units have been updated and include all kitchen appliances and window coverings. 2 large bedrooms, 1 bath, dining area, living room, covered patio, block fenced yard and inside laundry in both units. LTV flooring throughout. Kitchen and dining in 406 has tile flooring. 2 car carport has storage room for each unit. 408 has new white shaker cabinets and quartz counters. Easy maintenance landscaping. No HOA. Great investment property or live in one side and rent the other side. Current tenant in 406 has occupied for 2 years. 2.7 miles to ASU and close to airport. Roof resealed 3 years ago with 10 year warranty.

Last Agent to Sell the Property

Susan Job

HomeSmart License #SA625214000 Listed on: 06/11/2020

HomeSmart

Last Buyer's Agent

Kelly Lee Nelson

Realty ONE Group License #SA523542000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1972

Lot Details

  • 8,930

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Carminati Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 1
  • Assessor Parcel Number 123-45-134

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8921
  • Laguna Estates 2 Subdivision

Building Details

  • Operating Expense $3,104
  • Gross Income $30,000
  • Net Operating Income $26,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Southern and Kyrene
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2019
  • Directions: South on Kyrene. West on Pebble Beach,
  • Road Surface Type: Asphalt
  • Subdivision Name: LAGUNA ESTATES 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Carminati School
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 8921
  • Additional Parcels: No
  • Parcel #: 123-45-134

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Insurance Expense: 775.0
  • Property Net Operating Income: 26900.0
  • Annual Operating Expense: 3104.0

Tax Info

  • Tax Annual Amount: 1729.0
  • Tax Book Number: 123.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 24, 2020
Sold by
Job Carl
Bought by
Rhone James and Rhone Jena
Seller's Agent
Susan Job
HomeSmart
Buyer's Agent
Kelly Lee Nelson
Realty ONE Group
List Price
$410,000
Sold Price
$412,000
Premium/Discount to List
$2,000
0.49%
Current Estimated Value
$554,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,427
Avg. Annual Appreciation
5.85%
Original Mortgage
$350,200
Outstanding Balance
$310,534
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$243,893

Purchase Details

Closed on
Apr 24, 2017
Sold by
Anderson William G and Anderson Maria Leonor
Bought by
Job Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2012
Sold by
Pebble Beach Land Trust
Bought by
Anderson William G and Anderson Maria Leonor

Purchase Details

Closed on
Dec 18, 2009
Sold by
Anderson William G and Anderson Maria Leonor
Bought by
Pebble Beach Land Trust Progressive Real

Purchase Details

Closed on
Dec 10, 2008
Sold by
Pebble Beach Land Trust/Progressive Real
Bought by
Anderson William G and Anderson Maria Leonor

Purchase Details

Closed on
Oct 17, 2005
Sold by
Anderson William G and Anderson Maria Leonor
Bought by
Pebble Beach Land Trust/Progressive Real

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2005
Sold by
Hamilton Ila
Bought by
Anderson William G and Anderson Maria Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2005
Sold by
Wolters Roger D and Phillips Helen M
Bought by
Hamilton Ila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2000
Sold by
Womble James W and Womble Helen Jean
Bought by
Womble James W and Womble Helen Jean
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
Rhone James $412,000 Fidelity Natl Ttl Agcy Inc
Job Carl $225,000 Great American Title Agency
Anderson William G -- None Available
Pebble Beach Land Trust Progressive Real -- None Available
Anderson William G -- None Available
Pebble Beach Land Trust/Progressive Real -- --
Anderson William G $285,000 Alliance Title Partners
Hamilton Ila $245,000 Security Title Agency Inc
Womble James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhone James $350,200
Previous Owner Job Carl $220,924
Previous Owner Anderson William G $216,000
Previous Owner Hamilton Ila $192,800
Closed Hamilton Ila $24,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $412,000 +0.5% $448 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $410,000 -- $446 / 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 $1,905 $17,005 -- --
2024 $1,882 $16,195 -- --
2023 $1,882 $46,600 $9,320 $37,280
2022 $1,805 $33,420 $6,680 $26,740
2021 $1,818 $25,880 $5,170 $20,710
2020 $1,762 $23,120 $4,620 $18,500
2019 $1,729 $20,710 $4,140 $16,570
2018 $1,686 $19,600 $3,920 $15,680
2017 $1,636 $17,930 $3,580 $14,350
2016 $1,624 $16,710 $3,340 $13,370
2015 $1,560 $16,310 $3,260 $13,050
Source: Public Records

Agents Affiliated with this Home

  • Susan Job

    Seller's Agent in 2020

    Susan Job

    HomeSmart

    (602) 292-4874

    1 in this area

    21 Total Sales

    Susan Job
    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Lee Nelson

    Realty One Group

    (480) 321-8100

    Kelly Lee Nelson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6089670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-45-134

Arizona Maricopa County Tempe 85282 West Tempe

406 & 408 W Pebble Beach Dr, Tempe, AZ

This home is located at 406 & 408 W Pebble Beach Dr, Tempe, AZ 85282 since 11 June 2020 and is currently estimated at $554,427, approximately $602 per square foot. This property was built in 1972. 406 & 408 W Pebble Beach Dr is a home located in Maricopa County with nearby schools including Carminati Elementary School, Geneva Epps Mosley Middle School, and Tempe 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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