NOT LISTED FOR SALE

736 S Farmer Ave Unit 4 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $820,000 - $1,305,000

2 Beds
2 Baths
969 Sq Ft
$1,111/Sq Ft Est. Value

Highlights

  • 0.24 Acre Lot
  • No HOA
  • Balcony
  • Property is near public transit
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of August 2016

NEW REMODEL and WALKING DISTANCE TO ASU!!!!

Must see!!!

These 2 bedroom 2 bath units are perfect for students and professionals! Located in downtown Tempe - dining, shopping, and entertainment are right around the corner!

Each unit has its own balcony off of the master and a private rear yard off of the kitchen.

Each unit has been remodeled from top to bottom. NEW carpet, NEW paint, NEW stainless appliances, NEW plank tile flooring, soon to have NEW EXTERIOR PAINT and RESEALED parking lot.

Last Agent to Rent the Property

Diane Jones

Central Real Estate Co License #SA552449000 Listed on: 07/27/2016

Last Renter's Agent

Diane Jones

Central Real Estate Co License #SA552449000 Listed on: 07/27/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 969 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

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

Schools

  • Holdeman Elementary School
  • Mckemy Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Property Available on 8/1/16
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Tax Lot 4
  • Assessor Parcel Number 124-33-075

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,946

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Rent Includes: Water
  • Available Date: 2016-08-01

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: No
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From Mill go west on University to Farmer. North on Farmer and property is on the left.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.24
  • Subdivision Name: STATE PLAT NO 12 AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 969.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included, Upper Level
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe Academy Of International Studies McKemy
  • Middle Or Junior School: McKemy Middle School

Lot Info

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

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

Closed on
Sep 26, 2018
Sold by
Kai John
Bought by
Kai Jihong O and Jihong O Kai Irrevocable Trust
Current Estimated Value
$1,072,000

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 John Kai $284,075
Closed Kai Herbert $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --
07/27/2016 07/27/16 For Rent $1,150 +38.6% --
06/11/2012 06/11/12 Rented $830 -4.0% --
06/10/2012 06/10/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $865 -- --
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: 5475855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-075