NOT LISTED FOR SALE

421 W 5th St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $396,519 - $866,000

2 Beds
1 Bath
859 Sq Ft
$703/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $470,000 $547 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,231/month

112 Days on Market

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Tile Flooring
  • Property is near public transit
  • Evaporated cooling system
  • Heating System Uses Natural Gas

About This Home

As of December 2021

This home is located near downtown Tempe. The home/lot has potential for any buyer. Located in a neighborhood in the midst of Redevelopment! Close to Mill Ave, approx 15 mins from Sky Harbor Airport, close to the Phoenix Zoo, 202 Freeway, Light Rail, Tempe Town Lake. Home is a 2 bedroom 1 bath. Home sets closer to 5th street giving it a huge backyard that backs up to an alley. No HOA.

Last Agent to Sell the Property

Maureen Miller

Schreiner Realty License #SA555630000 Listed on: 08/02/2021

Last Buyer's Agent

Bruce Swift

Windermere Real Estate & Property Management License #SA642645000

Windermere Real Estate & Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1954

Lot Details

  • 8,375 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 859 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Additional Features

  • North or South Exposure
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 124-33-006

Community Details

Overview

  • No Home Owners Association
  • Association fees include (see remarks)
  • Orth Sub Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 1954

Lot Details

8,375 Sq Ft Lot

Listing Details

  • Cross Street: Mill Ave and 5th Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: N
  • Year Built: 1954
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: ORTH SUB
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 547.14
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Refrigerator, Gas Oven, Gas Range
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 859.0
  • Stories: 1

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: North/South Exposure, Dirt Front, Dirt Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Block, Painted
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Evaporative Cooling, See Remarks
  • Heating: Natural Gas
  • Laundry Features: None, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop
  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8375.0
  • Parcel #: 124-33-006

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1246.0
  • Tax Block: 1
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 24, 2021
Sold by
Mitchell Jeffrey and Mitchell Sherry
Bought by
Steinley Randy
Seller's Agent
Maureen Miller
Schreiner Realty
Buyer's Agent
Bruce Swift
Windermere Real Estate & Property Management
List Price
$900,000
Sold Price
$470,000
Premium/Discount to List
-$430,000
-47.78%
Current Estimated Value
$603,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,880
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Apr 5, 2004
Sold by
Mitchell Jeffrey and Mitchell Sherry
Bought by
Mitchell Jeffrey and Mitchell Sherry

Purchase Details

Closed on
Oct 23, 2003
Sold by
Vakili Shabnam
Bought by
Mitchell Jeffrey and Mitchell Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Steinley Randy $470,000 Clear Title Agency Of Az
Mitchell Jeffrey -- --
Mitchell Jeffrey -- Security Title Agency
Mitchell Jeffrey -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Jeffrey $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $470,000 -5.8% $547 / Sq Ft
08/30/2021 08/30/21 Price Changed $499,000 -44.6% $581 / Sq Ft
08/02/2021 08/02/21 For Sale $900,000 -- $1,048 / 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 $1,441 $12,024 -- --
2024 $1,331 $11,451 -- --
2023 $1,331 $32,850 $6,570 $26,280
2022 $1,276 $26,960 $5,390 $21,570
2021 $1,285 $24,720 $4,940 $19,780
2020 $1,246 $20,480 $4,090 $16,390
2019 $1,223 $15,830 $3,160 $12,670
2018 $1,192 $13,850 $2,770 $11,080
2017 $1,157 $11,530 $2,300 $9,230
2016 $1,149 $9,860 $1,970 $7,890
2015 $1,103 $8,700 $1,740 $6,960
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maureen Miller

    Schreiner Realty

    (480) 981-7000

    1 in this area

    9 Total Sales

    Maureen Miller
    Section Image
  • Bruce Swift

    Buyer's Agent in 2021

    Bruce Swift

    Windermere Real Estate & Property Management

    (480) 797-6469

    3 in this area

    29 Total Sales

    Bruce Swift
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6273322

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-006

Arizona Maricopa County Tempe 85281 Downtown Tempe

421 W 5th St, Tempe, AZ

Not Listed for Sale

Detached

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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