RENTED APR 15, 2025

702 E Carmen St Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $456,000 - $508,509

4 Beds
2 Baths
1,981 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $451,000 $228 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,718/month

Highlights

  • 1 Fireplace
  • No HOA
  • Central Air
  • Kyrene del Norte School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

As of April 2025

This newly remodeled 4-bedroom, 2-bathroom home is a perfect rental opportunity! Located in an excellent area, it boasts a modern design and stylish upgrades throughout. The spacious living area is filled with natural light, creating a welcoming atmosphere. The kitchen features brand new appliances, sleek countertops, and ample cabinet space, ideal for cooking and entertaining. Each of the four bedrooms is generously sized, offering plenty of closet space for storage. Both bathrooms are beautifully updated with contemporary fixtures and finishes. The home is situated in a prime location, close to shops, dining, parks, and public transportation, offering convenience and comfort. Don't miss out on this beautiful rental in an unbeatable spot!

Last Agent to Rent the Property

Yewei Zhang

West USA Realty License #SA701417000 Listed on: 03/10/2025

Last Renter's Agent

Barbara Forsyth

DeLex Realty License #SA657758000

DeLex Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 7,897 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Kyrene De Los Ninos Elementary School
  • Kyrene Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Tempe Gardens 15 Lots 1593 Thru 1702 Subdivision

Listing and Financial Details

  • Property Available on 3/16/25
  • 12-Month Minimum Lease Term
  • Tax Lot 1624
  • Assessor Parcel Number 301-47-274

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-03-16

Listing Details

  • Cross Street: Rural and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Non Assistive Animals: No
  • Initial Move In Costs Addtl Move In Fees: 200.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: TEMPE GARDENS 15 LOTS 1593 THRU 1702
  • Property Attached Yn: No
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1981.0
  • Stories: 1
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Schools

  • Elementary School: Kyrene de los Ninos School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Lot Size Sq Ft: 7897.0
  • Parcel #: 301-47-274

Building Info

  • Builder Name: unkown

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 1624
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 8, 2024
Sold by
Brightbill Family Trust and Brightbill Billy A
Bought by
Lu Yan and Chen Yi
Seller's Agent
Brook Erickson
AZ Brokerage Holdings, LLC
Buyer's Agent
Lucy Lu
West USA Realty
List Price
$399,000
Sold Price
$451,000
Premium/Discount to List
$52,000
13.03%
Views
98
Current Estimated Value
$480,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,877
Avg. Annual Appreciation
5.84%
Original Mortgage
$338,250
Outstanding Balance
$334,883
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$145,994

Purchase Details

Closed on
Apr 18, 2008
Sold by
Brightbill Billy A and Brightbill Sharon A
Bought by
Brightbill Billy A and Brightbill Sharon A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Yan $451,000 Chicago Title Agency
Lu Yan $451,000 Chicago Title Agency
Brightbill Billy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yan $338,250
Closed Lu Yan $338,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2025 04/15/25 Rented $2,750 0.0% --
04/13/2025 04/13/25 Under Contract -- -- --
04/03/2025 04/03/25 Price Changed $2,750 -1.8% $1 / Sq Ft
03/16/2025 03/16/25 For Rent $2,800 0.0% --
03/10/2025 03/10/25 Off Market $2,800 -- --
11/15/2024 11/15/24 Sold $451,000 -7.0% $228 / Sq Ft View Prior Sale
10/06/2024 10/06/24 Price Changed $485,000 +21.6% $245 / Sq Ft
09/10/2024 09/10/24 For Sale $399,000 -- $201 / 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 $2,471 $22,662 -- --
2024 $1,997 $21,583 -- --
2023 $1,997 $36,870 $7,370 $29,500
2022 $1,893 $28,310 $5,660 $22,650
2021 $1,967 $25,710 $5,140 $20,570
2020 $1,920 $23,950 $4,790 $19,160
2019 $1,859 $22,910 $4,580 $18,330
2018 $1,797 $21,350 $4,270 $17,080
2017 $1,723 $20,050 $4,010 $16,040
2016 $1,747 $18,520 $3,700 $14,820
2015 $1,614 $16,800 $3,360 $13,440
Source: Public Records

Agents Affiliated with this Home

  • Y

    Landlord's Agent in 2025

    Yewei Zhang

    West USA Realty

    (402) 304-5310

    28 Total Sales

    Yewei Zhang
    Section Image
  • Barbara Forsyth

    Tenant's Agent in 2025

    Barbara Forsyth

    DeLex Realty

    (480) 295-2619

    47 Total Sales

    Barbara Forsyth
    Section Image

  • B

    Seller's Agent in 2024

    Brook Erickson

    Realty Executives

  • L

    Buyer's Agent in 2024

    Lucy Lu

    West USA Realty

    (408) 431-9986

    1 in this area

    4 Total Sales

    Lucy Lu
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6833014

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-47-274

Arizona Maricopa County Tempe 85283 South Tempe

702 E Carmen 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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