NOT LISTED FOR SALE

902 W 2nd St Unit 4 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $1,051,000 - $1,077,000

2 Beds
1 Bath
700 Sq Ft
6,970 Sq Ft Lot

Highlights

  • 0.16 Acre Lot
  • No HOA
  • Central Air
  • Granite Countertops
  • Brick Veneer
  • Ceiling Fan

About This Home

As of December 2020

This recently remodeled modern 2 bedroom 1 bathroom unit with Patio is available for immediate move-in! Beautiful renovation features recessed lighting, neutral paint color, and brand new flooring. Kitchen features stainless steel appliances all major appliances including in unit washer and dryer! Located in Tempe close to ASU, Tempe Town Lake, shopping and entertainment. See it today! Pets allowed with deposit, monthly pet fee, and owner approval. ***Move-In Special*** $1025 Per Month for the 1st 6 Months and $1180 Per Month for the 2nd 6 Months of a 12 Month Minimum Lease.

Last Agent to Rent the Property

Teresa Day

Real Property Management Evolve License #SA685117000 Listed on: 11/04/2020

Last Renter's Agent

Teresa Day

Real Property Management Evolve License #SA685117000 Listed on: 11/04/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Brick Veneer
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Monterrey Village Plat 3 Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 11/4/20
  • $199 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 16
  • Assessor Parcel Number 124-31-114

Condo Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Rent Includes: None
  • Available Date: 2020-11-04

Listing Details

  • Cross Street: 2nd St and Hardy
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 5.0
  • Initial Move In Costs Admin Fee: 199.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: MONTERREY VILLAGE PLAT 3 UNIT 2
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Living Area: 700.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Disclosures: None
  • Construction Type: Brick Veneer, Stucco, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 7114.0
  • Parcel #: 124-31-114

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 16
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Sun & Sand Partners Llc
Bought by
Yang Properties Holdings Corp
Current Estimated Value
$1,064,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Outstanding Balance
$882,300
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$181,700

Purchase Details

Closed on
Sep 29, 2017
Sold by
Pacific Real Estate Partners Inc
Bought by
Sun & Sand Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2017
Sold by
Zarlengo Gary A and Francis Toni M
Bought by
Pacific Real Estate Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 16, 1996
Sold by
Hendricks Michael C and Hendricks Nancy L
Bought by
Zarlengo Gary A and Francis Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
7.18%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 13, 1994
Sold by
Schwimmer Ray A
Bought by
Hendricks Michael C and Hendricks Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
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
Yang Properties Holdings Corp $1,440,000 Thomas Title & Escrow
Sun & Sand Partners Llc -- First American Title Insuran
Pacific Real Estate Partners Inc $819,000 First American Title Insuran
Zarlengo Gary A $114,900 First American Title
Hendricks Michael C $96,180 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Properties Holdings Corp $995,000
Previous Owner Sun & Sand Partners Llc $762,000
Previous Owner Zarlengo Gary A $18,400
Previous Owner Hendricks Michael C $2,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Rented $1,025 0.0% --
11/04/2020 11/04/20 For Rent $1,025 -- --
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 $2,248 $18,754 -- --
2024 $2,076 $17,861 -- --
2023 $2,076 $82,920 $16,580 $66,340
2022 $1,991 $63,000 $12,600 $50,400
2021 $2,005 $53,820 $10,760 $43,060
2020 $1,944 $43,220 $8,640 $34,580
2019 $1,907 $34,010 $6,800 $27,210
2018 $1,860 $28,110 $5,620 $22,490
2017 $1,804 $24,380 $4,870 $19,510
2016 $1,791 $22,900 $4,580 $18,320
2015 $1,721 $19,870 $3,970 $15,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2020

    Teresa Day

    Real Property Management Evolve

    (602) 775-5000

    Teresa Day
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6156178

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-31-114

Arizona Maricopa County Tempe 85281 Downtown Tempe

902 W 2nd St Unit 4, Tempe, AZ

Not Listed for Sale

Condos

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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