NOT LISTED FOR SALE

906 S Mariana St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $782,000 - $875,000

-- Bed
-- Bath
1,921 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $780,000 $406 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,533/month

83 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Ceiling Fan

About This Home

As of August 2024

Tens of thousands of dollars spent updating this single level Tempe Cul-De-Sac Fourplex. Fully leased - for nearly a year! All units have been updated over the past 5 years including new appliances, windows, flooring, plumbing. Includes Shaker style cabinets with modern backsplash tile, vinyl hardwood-like floors, carpet in bedrooms, modern fixtures throughout, central air, ceiling fans, covered parking (1 for each unit). All 1 Bedroom units. Near ASU, light rail, Mill Avenue, Farmer Arts District and more.

Last Agent to Sell the Property

Mike Bodeen

HomeSmart License #BR107814000 Listed on: 04/26/2024

HomeSmart

Co-Listed By

Jonathan Bodeen

HomeSmart License #SA650241000

Last Buyer's Agent

John Poyner

Phoenix Property Group License #BR633866000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,179

Year Built

  • Built in 1959

Lot Details

  • 6,665

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for gas, trash collection, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 132-73-148

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Mariana Park I Subdivision

Building Details

  • Operating Expense $15,630
  • Gross Income $50,160
  • Net Operating Income $34,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,179

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: McClintock and University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2023
  • Directions: W. to Dorsey. S. to Orange. W. to property.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2470.0
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MARIANA PARK I
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 4873.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 132-73-148

Multi Family

  • Owner Pays: Gas, Trash Collection, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 1928.0
  • Annual Gross Income: 50160.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 34530.0
  • Annual Operating Expense: 15630.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1179.0
  • Tax Book Number: 132.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 9, 2024
Sold by
Lace-Az Llc
Bought by
Berg Douglas
Seller's Agent
Mike Bodeen
HomeSmart
Buyer's Agent
John Poyner
Phoenix Property Group
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Views
41
Current Estimated Value
$815,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,519
Avg. Annual Appreciation
4.33%
Original Mortgage
$546,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2024
Sold by
Skinner Roy A
Bought by
Lace-Az Llc

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 14, 2018
Sold by
Sclafani Brent and Sclafani Barbara
Bought by
Skinner Roy A and Skinner Barbara L
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mike Bodeen
HomeSmart
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
May 20, 2017
Sold by
Helms V Donald and Helms Mary C
Bought by
Jaa Ira Holdings Llc

Purchase Details

Closed on
May 28, 2008
Sold by
Campus Towers Llc
Bought by
Helms V Donald and Helms Mary C

Purchase Details

Closed on
Mar 29, 2007
Sold by
Reichert Lance and Reichert Melissa
Bought by
Campus Towers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2005
Sold by
Islington Investments Llc
Bought by
Reichert Lance and Reichert Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3%
Mortgage Type
Negative Amortization
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
Berg Douglas $780,000 First American Title Insurance
Lace-Az Llc -- None Listed On Document
Skinner Roy A $390,000 First American Title Insuran
Solomon Harvey -- First American Title Insuran
Jaa Ira Holdings Llc -- None Available
Helms V Donald $494,364 None Available
Campus Towers Llc $435,000 Tsa Title Agency
Reichert Lance $335,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Douglas $556,500
Closed Berg Douglas $556,500
Closed Berg Douglas $546,000
Previous Owner Campus Towers Llc $442,000
Previous Owner Reichert Lance $268,000
Closed Reichert Lance $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $780,000 -1.9% $406 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
05/25/2024 05/25/24 Price Changed $795,000 -6.5% $414 / Sq Ft
05/08/2024 05/08/24 Price Changed $850,000 -5.0% $442 / Sq Ft
04/27/2024 04/27/24 For Sale $895,000 +129.5% $466 / Sq Ft
06/04/2018 06/04/18 Sold $390,000 -8.2% $203 / Sq Ft
05/29/2018 05/29/18 For Sale $425,000 0.0% $221 / Sq Ft
05/29/2018 05/29/18 Price Changed $425,000 0.0% $221 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $425,000 -- $221 / 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 $1,193 $10,649 -- --
2024 $1,179 $10,142 -- --
2023 $1,179 $62,080 $12,410 $49,670
2022 $1,130 $47,510 $9,500 $38,010
2021 $1,138 $39,420 $7,880 $31,540
2020 $1,104 $32,530 $6,500 $26,030
2019 $1,083 $25,060 $5,010 $20,050
2018 $1,056 $18,660 $3,730 $14,930
2017 $1,025 $17,780 $3,550 $14,230
2016 $1,017 $16,120 $3,220 $12,900
2015 $977 $16,230 $3,240 $12,990
Source: Public Records

Agents Affiliated with this Home

  • Mike Bodeen

    Seller's Agent in 2024

    Mike Bodeen

    HomeSmart

    (602) 689-3100

    1 in this area

    67 Total Sales

    Mike Bodeen
    Section Image
  • Jonathan Bodeen

    Seller Co-Listing Agent in 2024

    Jonathan Bodeen

    HomeSmart

    (602) 341-9490

    1 in this area

    85 Total Sales

    Jonathan Bodeen
    Section Image

  • J

    Buyer's Agent in 2024

    John Poyner

    Phoenix Property Group

    (623) 451-4209

    1 in this area

    178 Total Sales

    John Poyner
    Section Image
  • Jill Anderson

    Seller's Agent in 2018

    Jill Anderson

    Russ Lyon Sotheby's International Realty

    141 Total Sales

    Jill Anderson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6697502

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-148

Arizona Maricopa County Tempe 85281 Downtown Tempe

906 S Mariana St, Tempe, AZ

This home is located at 906 S Mariana St, Tempe, AZ 85281 since 26 April 2024 and is currently estimated at $815,519, approximately $424 per square foot. This property was built in 1959. 906 S Mariana St is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

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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