NOT LISTED FOR SALE

Estimated Value: $458,000 - $640,000

3 Beds
1 Bath
1,374 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $192,000 $140 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,118/month

10 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Tile Flooring
  • Property is near public transit
  • Eat-In Kitchen
  • High Speed Internet

About This Home

As of July 2015

CALLING ALL INVESTORS!!- The location of this property says it all!! Sitting within the highly desirable Tempe Arts District and with a tenant in place until December 2015, this property offers an excellent investment opportunity priced w/ plenty of room for upgrades. It's priced to sell and ready for a buyer to come in and udpate it while making some income! Owner is selling as is and leaving plenty of room for growth for an ambitious and creative buyer! Located within walking distance from ASU, Mill Avenue District, Casey Moores, Tempe Center for the Arts, Tempe Beach Park.... Just too much to list! The property is currently occupied and interested parties please drive-by-only. Do not disturb the tenant.

Last Agent to Sell the Property

Claudia Jara

Realty ONE Group License #SA555088000 Listed on: 06/12/2015

Realty ONE Group

Last Buyer's Agent

Erica Rodgers

Citiea License #SA633832000

Citiea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1973

Lot Details

  • 8,255 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Tempe Terrace Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 124-67-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: University and Hardy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2014
  • Directions: From University head South on Hardy then East on Howe, house is on the left (north) side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: TEMPE TERRACE
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, High Speed Internet
  • Living Area: 1374.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 8255.0
  • Parcel #: 124-67-031
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1717.0
  • Tax Book Number: 124.00
  • Tax Lot: 2
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2016
Sold by
Tsalm Services Llc
Bought by
Throop Heather L
Current Estimated Value
$553,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$114,625
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$433,411

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 10, 2015
Sold by
Benjamin Paulsen Llc
Bought by
Tsalm Services Llc
Seller's Agent
Claudia Jara
Realty ONE Group
Buyer's Agent
Erica Rodgers
Citiea
List Price
$190,000
Sold Price
$192,000
Premium/Discount to List
$2,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$146,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2015
Sold by
Koloc Denise M
Bought by
Benjamin Paulsen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2000
Sold by
Carroll John L and Carroll Jan L
Bought by
Edgell Donald E and Koloc Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
9.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Throop Heather L $347,500 Fidelity Natl Title Agency
Tsalm Services Llc $192,000 Fidelity Natl Title Agency
Benjamin Paulsen Llc $75,000 Empire West Title Agency
Edgell Donald E $92,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Throop Heather L $245,000
Previous Owner Tsalm Services Llc $230,720
Previous Owner Tsalm Services Llc $146,000
Previous Owner Benjamin Paulsen Llc $15,000
Previous Owner Edgell Donald E $69,000
Closed Edgell Donald E $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $192,000 +1.1% $140 / Sq Ft
07/08/2015 07/08/15 Price Changed $190,000 0.0% $138 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $190,000 -- $138 / 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 $2,323 $23,984 -- --
2024 $2,294 $22,842 -- --
2023 $2,294 $43,980 $8,790 $35,190
2022 $2,191 $31,260 $6,250 $25,010
2021 $2,234 $29,370 $5,870 $23,500
2020 $2,160 $26,910 $5,380 $21,530
2019 $2,119 $25,500 $5,100 $20,400
2018 $2,061 $22,900 $4,580 $18,320
2017 $1,997 $21,360 $4,270 $17,090
2016 $1,603 $15,780 $3,150 $12,630
2015 $1,775 $16,380 $3,270 $13,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5293598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-67-031