$1,000,000
$75K PRICE INCREASE

Estimated payment $5,425/month

Total Views 3,789,533
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

TWO DUPLEX BUILDINGS. ALL 4 UNITS ARE 1-BEDROOM, 1-BATH. INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT**

Listing Agent

Mike Mendoza

Keller Williams Realty Sonoran Living License #SA022151000 Listed on: 01/26/2022

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1947

Home Design

  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 55 / 8
  • Assessor Parcel Number 124-70-099

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7,980 SQ FT
  • Val Verde Plat 4 Lot 52 54 Blk 7 Lot 88 93 Blk 12 Subdivision

Building Details

  • Operating Expense $1,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: MILL & UNIVERSITY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: VAL VERDE PLAT 4 LOT 52-54 BLK 7 LOT 88-93 BLK 12
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: 7,980 SQ FT
  • Additional Parcels: No
  • Parcel #: 124-70-099

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Operating Expense: 1729.0

Tax Info

  • Tax Annual Amount: 1729.0
  • Tax Block: 8
  • Tax Book Number: 124.00
  • Tax Lot: 55

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,811 $16,171 -- --
2024 $1,790 $15,401 -- --
2023 $1,790 $51,280 $10,250 $41,030
2022 $1,717 $40,780 $8,150 $32,630
2021 $1,729 $35,370 $7,070 $28,300
2020 $1,676 $31,120 $6,220 $24,900
2019 $1,644 $25,410 $5,080 $20,330
2018 $1,603 $19,150 $3,830 $15,320
2017 $1,556 $17,520 $3,500 $14,020
2016 $1,545 $16,060 $3,210 $12,850
2015 $1,484 $15,910 $3,180 $12,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $875 -2.8% $1 / Sq Ft
08/15/2025 08/15/25 Price Changed $900 -5.3% $1 / Sq Ft
07/25/2025 07/25/25 Price Changed $950 -7.3% $1 / Sq Ft
07/15/2025 07/15/25 For Rent $1,025 0.0% --
07/31/2023 07/31/23 For Sale $1,000,000 0.0% --
07/29/2023 07/29/23 Off Market $1,000,000 -- --
05/12/2022 05/12/22 Price Changed $1,000,000 +2.6% --
04/05/2022 04/05/22 Price Changed $975,000 +4.3% --
02/16/2022 02/16/22 For Sale $935,000 0.0% --
02/16/2022 02/16/22 Price Changed $935,000 +1.1% --
02/10/2022 02/10/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $925,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Thomas Title & Escrow
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,064,500 Commercial
Previous Owner $3,064,500 Commercial
Previous Owner $114,985 Unknown
Previous Owner $23,436 Seller Take Back
Source: Public Records

About the Listing Agent

Mike Mendoza

Keller Williams Realty Sonoran Living

(844) 407-5592

Section Image

Mike Mendoza has been succeeding in real estate for over 40 years. His commitment to excellence and to providing thorough, consistent, and unparalleled service to his clients has earned him the distinction of being a leading Realtor in the state of Arizona as well as internationally. Recognized throughout the industry as a successful producer, Mike’s accomplishments have secured his place as one of the real estate industry’s top professionals worldwide.

Mike is no stranger to hard work;

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  • 362 E Red Mesa Trail, San Tan Valley, AZ 85143

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6347108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-70-099