Seller's Agent in 2018
Matthew Cox
Equity Arizona Real Estate
(520) 349-4118
12 Total Sales
831 W 3rd St Tempe, AZ 85281
Riverside NeighborhoodEstimated Value: $795,000 - $879,506
--
Bed
--
Bath
2,080
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Ceiling Fan
- 5-minute walk to Jaycee Park
About This Home
As of September 2018Tempe 4Plex in paradise like cul de sac, fully leased income property. This property is in the heart of Tempe, near Arizona State University (ASU), close to Tempe Town Lake, close to Mill Avenue and not far from Sky Harbor Airport. This property is a magnet for high quality tenants that will treat their apartments like home. Many features include brick construction, dual pane windows and 2 ton AC units. Each unit is individually metered for electric and gas. Tile is laid throughout the property for low maintenance. Desert landscaping consumes low water and is set on timer for hands off management.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,465
Year Built
- Built in 1963
Lot Details
- 10,019
Home Design
- Foam Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 124-31-097
Community Details
Overview
- 4 Units
- Building Dimensions are 10,008
- Monterrey Village Plat 2 Amd Subdivision
Building Details
- Operating Expense $2,931
- Gross Income $40,320
- Net Operating Income $38,169
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 4, 2019
Sold by
Kershaw Jon A
Bought by
Shawker Llc
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Outstanding Balance
$345,548
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$531,556
Purchase Details
Listed on
Aug 9, 2018
Closed on
Oct 20, 2018
Sold by
Kershaw Jon A
Bought by
Shawker Llc
Seller's Agent
Matthew Cox
Equity Arizona Real Estate
Buyer's Agent
Matthew Cox
Equity Arizona Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$385,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 9, 2018
Closed on
Aug 28, 2018
Sold by
Cox Matthew T
Bought by
Kershaw Jon A
Seller's Agent
Matthew Cox
Equity Arizona Real Estate
Buyer's Agent
Matthew Cox
Equity Arizona Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 16, 2012
Closed on
May 10, 2012
Sold by
Fannie Mae
Bought by
Cox Matthew T
Seller's Agent
Yvonne Barmettler
Fine Properties
Buyer's Agent
SF Graff
Real Broker
List Price
$149,900
Sold Price
$149,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.97%
Original Mortgage
$168,227
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 3, 2012
Sold by
Morey Robert E
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Aug 8, 2008
Sold by
Morey Robert E
Bought by
Robert E Morey Real Properties Llc
Purchase Details
Closed on
Apr 29, 2008
Sold by
Morey Marieta A
Bought by
Morey Robert E
Purchase Details
Closed on
Mar 9, 2006
Sold by
Green Todd and Green Mary Anne
Bought by
First Street Tempe Llc
Purchase Details
Closed on
Aug 6, 2004
Sold by
Morey Robert E
Bought by
Robert E Morey Real Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2004
Sold by
Morey Marieta Alonzo
Bought by
Morey Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 24, 1994
Sold by
The Moody Bible Institute Of Chicago
Bought by
Green Todd Allen and Green Mary Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shawker Llc | -- | Security Title Agency Inc | |
| Kershaw Jon A | -- | Security Title Agency Inc | |
| Shawker Llc | -- | None Available | |
| Kershaw Jon A | $525,000 | American Title Service Agenc | |
| Cox Matthew T | $149,900 | Security Title Agency | |
| Aurora Loan Services Llc | $176,145 | None Available | |
| Robert E Morey Real Properties Llc | -- | First American Title Ins Co | |
| Morey Robert E | -- | First American Title Ins Co | |
| Morey Robert E | -- | First American Title Ins Co | |
| First Street Tempe Llc | -- | None Available | |
| Robert E Morey Real Properties Llc | $210,000 | Land Title Agency Of Az Inc | |
| Morey Robert E | -- | Land Title Agency Of Az Inc | |
| Morey Robert E | $210,000 | Land Title Agency Of Az Inc | |
| Green Todd Allen | $79,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kershaw Jon A | $388,500 | |
| Previous Owner | Kershaw Jon A | $385,000 | |
| Previous Owner | Cox Matthew | $245,000 | |
| Previous Owner | Cox Matthew T | $168,000 | |
| Previous Owner | Cox Matthew T | $168,227 | |
| Previous Owner | Morey Robert E | $168,000 | |
| Previous Owner | Green Todd Allen | $59,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2018 09/15/18 | Sold | $525,000 | -4.5% | $252 / Sq Ft |
| 08/09/2018 08/09/18 | For Sale | $550,000 | +266.9% | $264 / Sq Ft |
| 05/25/2012 05/25/12 | Sold | $149,900 | 0.0% | $72 / Sq Ft |
| 03/27/2012 03/27/12 | Pending | -- | -- | -- |
| 03/16/2012 03/16/12 | For Sale | $149,900 | -- | $72 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,755 | $15,667 | -- | -- |
| 2024 | $1,734 | $14,921 | -- | -- |
| 2023 | $1,734 | $70,450 | $14,090 | $56,360 |
| 2022 | $1,663 | $53,620 | $10,720 | $42,900 |
| 2021 | $1,675 | $46,870 | $9,370 | $37,500 |
| 2020 | $1,624 | $37,250 | $7,450 | $29,800 |
| 2019 | $1,593 | $28,430 | $5,680 | $22,750 |
| 2018 | $1,553 | $21,070 | $4,210 | $16,860 |
| 2017 | $1,507 | $20,210 | $4,040 | $16,170 |
| 2016 | $1,497 | $19,080 | $3,810 | $15,270 |
| 2015 | $1,437 | $16,310 | $3,260 | $13,050 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Cox
-
Seller's Agent in 2012
Yvonne Barmettler
Fine Properties
-
James Roberts
Seller Co-Listing Agent in 2012
James Roberts
My Home Group
(480) 227-4141
14 Total Sales
-
SF Graff
Buyer's Agent in 2012
SF Graff
Real Broker
(602) 989-7900
69 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5804486
APN: 124-31-097
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.
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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