NOT LISTED FOR SALE

Estimated Value: $599,169

2 Beds
2 Baths
777 Sq Ft
$771/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $510,000 $656 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,451/month

36 Days on Market

About This Home

As of April 2022

Location, location, location! This duplex is located near ASU, Downtown Tempe, Tempe Town Lake, Sky Harbor Airport, I10, Loop 202 and so much more! Premises is addressed as 609 and 605 W Howe St in Tempe, AZ 85281.

Last Listed By

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000 Listed on: 03/08/2022

Century 21 Seago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1950

Lot Details

  • 6,403

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

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

Listing and Financial Details

  • Legal Lot and Block 90 / 12
  • Assessor Parcel Number 124-70-153

Community Details

Overview

  • 2 Units
  • Building Dimensions are Unknown
  • Val Verde Plat 4 Lot 52 54 Blk 7 Lot 88 93 Blk 12 Subdivision

Building Details

  • Operating Expense $1,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Mill Ave and University Dr
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2021
  • Directions: West on University Dr, South on Roosevelt St, West on Howe to Premises addressed 605 and 609 W Howe St.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: VAL VERDE PLAT 4 LOT 52-54 BLK 7 LOT 88-93 BLK 12
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other
  • 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

Utilities

  • Electric: APS
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: See Remarks

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: Unknown
  • Additional Parcels: No
  • Parcel #: 124-70-153

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 1482.0

Tax Info

  • Tax Annual Amount: 1482.0
  • Tax Block: 12
  • Tax Book Number: 124.00
  • Tax Lot: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 28, 2022
Sold by
Moreno Thomas L
Bought by
Cannon Exchange Llc
Seller's Agent
Pamm Seago-Peterlin
Century 21 Seago
Buyer's Agent
Debra Gates
HomeSmart Realty
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Total Days on Market
36
Current Estimated Value
$599,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,169
Avg. Annual Appreciation
4.50%
Original Mortgage
$250,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 16, 1998
Sold by
Moreno Valerie
Bought by
Moreno Thomas L

Range of Values:

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Average Value
Not Available
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
Cannon Exchange Llc $510,000 First American Title
Moreno Thomas L -- --
Moreno Thomas L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cannon Exchange Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $510,000 +2.0% $656 / Sq Ft
04/22/2022 04/22/22 For Sale $500,000 0.0% $644 / Sq Ft
04/22/2022 04/22/22 Price Changed $500,000 0.0% $644 / Sq Ft
02/13/2022 02/13/22 For Sale $500,000 -- $644 / 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 $1,553 $13,862 -- --
2024 $1,534 $13,202 -- --
2023 $1,534 $43,700 $8,740 $34,960
2022 $1,472 $34,820 $6,960 $27,860
2021 $1,482 $30,160 $6,030 $24,130
2020 $1,437 $26,570 $5,310 $21,260
2019 $1,409 $21,700 $4,340 $17,360
2018 $1,375 $16,350 $3,270 $13,080
2017 $1,334 $15,050 $3,010 $12,040
2016 $1,324 $13,680 $2,730 $10,950
2015 $1,272 $13,510 $2,700 $10,810
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6359414

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-70-153