421 W 5th St Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated payment $4,418/month
Highlights
- Transportation Service
- 0.19 Acre Lot
- No HOA
- City Lights View
- Property is near public transit and bus stop
- Eat-In Kitchen
About This Home
RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx
Listing Agent
Windermere Real Estate & Property Management License #SA642645000 Listed on: 05/18/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,347
Year Built
- Built in 1954
Lot Details
- 8,375 Sq Ft Lot
- Chain Link Fence
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Tile Flooring
- City Lights Views
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Gas Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Open Parking Spaces
- 1 Carport Space
Schools
- Scales Technology Academy Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- No Interior Steps
- North or South Exposure
- Patio
- Property is near public transit and bus stop
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 124-33-006
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Orth Subdivision
Amenities
- Transportation Service
Recreation
- Community Playground
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $795,000 | +69.1% | $795 / Sq Ft | |
| 12/08/2021 12/08/21 | Sold | $470,000 | -5.8% | $547 / Sq Ft | View Prior Sale |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Clear Title Agency Of Az | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $58,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7029919
APN: 124-33-006
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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Ask me questions while you tour the home.