NOT LISTED FOR SALE

600 W 5th St Unit 1 Tempe, AZ 85281

Riverside Neighborhood
0.58 Acre
-- Price per Acre
25,265 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $1,300,000

134 Days on Market

Highlights

  • 0.58 Acre Lot
  • No HOA
  • Wood Fence
  • Corner Lot

About This Lot

As of December 2021

Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & all it has to offer! Road frontage on 5th st & Roosevelt St. Great potential for many different uses. Two existing structures leased on a month to month basis. City of Tempe was submitted plans for a 11 plex, just needs approval!! Over half an acre, 25,264 sq ft lot! This property is in an Opportunity Zone in Tempe a tax benefit to buyer!
4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028 Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Great potential for many different uses. Existing structures leased on a month to month basis. City of Tempe was submitted plans for a 12 plex, just needs approval!! Over half an acre.
Lots of road frontage on 5th St and Roosevelt St, just blocks from downtown Mill Ave and all it has to offer!
4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028

Last Listed By

Sandra Enniss

Keller Williams Realty Sonoran Living License #SA628500000 Listed on: 10/04/2021

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,243

Lot Details

  • 0.58 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • 4 Lots in the community
  • Additional Parcels
  • Property is zoned R-3

Schools

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

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Tempe 4 Parcels 124 31 023 A 124 31 123 B 124 31 024 124 31 028 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 124-31-028

Property Details

Property Type

Land

Est. Annual Taxes

$6,243

Lot Details

0

Listing Details

  • Cross Street: NW Corner of 5th St & Roosevelt St
  • Property Type: Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2020
  • Directions: AZ-202 Loop E to N Priest Dr. Left onto W 5th St to address corner of 5th St & Roosevelt. OR: North on Mill Ave, West on 5th St to Property!
  • Horses: No
  • Lot Size Acres: 0.58
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Corner Lot, North/South Exp
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: Unknown
  • Lot Size Sq Ft: 25264.0
  • Number Of Lots: 4
  • Additional Parcels: Yes
  • Parcel #: 124-31-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6243.0
  • Tax Book Number: 124.00
  • Tax Lot: 1
  • Tax Map Number: 31.00

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,300,000 -11.9% --
10/04/2021 10/04/21 For Sale $1,475,000 0.0% --
10/02/2021 10/02/21 Pending -- -- --
09/07/2021 09/07/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $1,475,000 -7.8% --
05/21/2021 05/21/21 For Sale $1,600,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6239734

Arizona Regional Multiple Listing Service (ARMLS)