NOT LISTED FOR SALE

736 S Farmer Ave Unit 2 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $794,000 - $1,292,000

2 Beds
2 Baths
969 Sq Ft
10,454 Sq Ft Lot

Highlights

  • 0.24 Acre Lot
  • No HOA
  • Tile Flooring
  • Property is near public transit
  • Covered Patio or Porch
  • Central Air

About This Home

As of September 2024

Welcome to your new home! This modern 2-bedroom, 2-bathroom townhouse at Mill & University in Tempe, AZ, offers everything you need for comfortable living. With its spacious two-story layout, you'll have plenty of room to relax and entertain. Enjoy the luxury of large bedrooms, a private backyard perfect for outdoor activities, and the ease of having a washer and dryer right in your home. Don't miss this chance to experience a blend of style and convenience in a prime Tempe location. Make this beautiful townhouse yours today!

Last Agent to Rent the Property

Courtney Creason

Sundial Real Estate License #SA648299000 Listed on: 08/28/2024

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1984

Lot Details

  • Desert faces the front of the property
  • Wood Fence
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 969 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Holdeman Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 8/28/24
  • $35 Move-In Fee
  • 12-Month Minimum Lease Term
  • $35 Application Fee
  • Tax Lot 4
  • Assessor Parcel Number 124-33-075

Community Details

Overview

  • No Home Owners Association
  • State Plat No 12 Amd Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,946

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Available Date: 2024-08-28

Listing Details

  • Cross Street: University & Mill
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Application Fee: 35.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From University go west, turn right (north) onto Farmer Ave, property is on the left.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: STATE PLAT NO 12 AMD
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Living Area: 969.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Desert Front, Dirt Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Parcel #: 124-33-075

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 4
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Sep 26, 2018
Sold by
Kai John
Bought by
Kai Jihong O and Jihong O Kai Irrevocable Trust
Seller's Agent
Tanner Hickey
Central Real Estate Co
Buyer's Agent
Tanner Hickey
Central Real Estate Co
Sold Price
$1,250
Current Estimated Value
$1,023,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,083

Purchase Details

Closed on
Sep 27, 2004
Sold by
Kai Herbert
Bought by
Kai Herbert and Kai John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.76%
Mortgage Type
New Conventional
Source: Public Records

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
Kai Jihong O -- None Available
Kai Herbert -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kai Herbert $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Rented $1,995 +5.3% --
09/06/2024 09/06/24 Price Changed $1,895 -9.5% $2 / Sq Ft
08/28/2024 08/28/24 For Rent $2,095 +67.6% --
10/22/2018 10/22/18 Rented $1,250 0.0% --
10/02/2018 10/02/18 For Rent $1,250 +8.7% --
08/13/2016 08/13/16 Rented $1,150 0.0% --
08/11/2016 08/11/16 Under Contract -- -- --
08/01/2016 08/01/16 Off Market $1,150 -- --
07/28/2016 07/28/16 For Rent $1,150 +25.5% --
03/14/2015 03/14/15 Rented $916 +1.8% --
02/23/2015 02/23/15 Under Contract -- -- --
01/29/2015 01/29/15 For Rent $900 -- --
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 $2,946 $26,299 -- --
2024 $2,910 $25,046 -- --
2023 $2,910 $93,000 $18,600 $74,400
2022 $2,792 $73,310 $14,660 $58,650
2021 $2,811 $60,670 $12,130 $48,540
2020 $2,726 $48,000 $9,600 $38,400
2019 $2,674 $27,400 $5,480 $21,920
2018 $2,608 $26,000 $5,200 $20,800
2017 $2,530 $17,800 $3,560 $14,240
2016 $2,638 $17,800 $3,560 $14,240
2015 $2,615 $17,500 $3,500 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6749492

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-075