NOT LISTED FOR SALE

907 S Mariana St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $526,941 - $911,000

-- Bed
-- Bath
1,921 Sq Ft
$405/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $188,000 $98 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $4,370/month

18 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heat Pump System

About This Home

As of September 2012

4 - 1 bedroom 1 bath units. A 4-plex very close to ASU. 3 of the 4 units have been painted within the last year. Covered parking in the rear of this building. Very close to ASU. All units rented. All units have central air. Great investment. Do not disturb tenants.

Last Agent to Sell the Property

Elizabeth Vullo

Call Realty, Inc. License #SA583314000 Listed on: 08/09/2012

Call Realty, Inc.

Last Buyer's Agent

Sergei Perkovskii

Gold Trust Realty License #SA558012000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1959

Lot Details

  • Property fronts an alley

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 7,555 Parking Spaces
  • 7,551 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 132-73-151

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7551
  • Mariana Park I Subdivision

Building Details

  • Operating Expense $3,198
  • Gross Income $23,655
  • Net Operating Income $21,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$605

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Rural & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2011
  • Directions: East to Dorsey. South to Orange. West to Mariana. Take a right. Property located on the cul-de-sac.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: MARIANA PARK I
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 7551.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 7555.0
  • General Property Description:Covered Parking Spcs: 7551.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 7555.0
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Fee Information

  • Annual Fuel Expense: 840.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size: 7551
  • Additional Parcels: No
  • Parcel #: 132-73-151

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23655.0
  • Insurance Expense: 553.0
  • Property Net Operating Income: 21702.0
  • Annual Operating Expense: 3198.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Book Number: 132.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Aug 31, 2012
Sold by
Lane Investment Properties Llc
Bought by
Pratama Agus and Lie Margaretha
Seller's Agent
Elizabeth Vullo
Call Realty, Inc.
Buyer's Agent
Sergei Perkovskii
Gold Trust Realty
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$777,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,985
Avg. Annual Appreciation
11.82%
Original Mortgage
$141,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Martin Robert F and Martin Carol R
Bought by
Lane Investments 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
$125,000
Interest Rate
4.74%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2010
Sold by
Edrosolan Richard
Bought by
Martin Robert F and Martin Carol R

Purchase Details

Closed on
Aug 8, 2005
Sold by
Martin Robert F and Martin Carol R
Bought by
Edrosolan Richard

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
Fannie Mae Freddie Mac
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
Pratama Agus $188,000 Lawyers Title Of Arizona Inc
Lane Investments Properties Llc $125,000 Fidelity Natl Title Ins Co
Martin Robert F $150,000 None Available
Edrosolan Richard $337,386 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratama Agus $332,972
Closed Pratama Agus $141,000
Previous Owner Lane Investment Properties Llc $125,000
Previous Owner Edrosolan Richard $175,000
Previous Owner Martin Robert F $268,000
Previous Owner Martin Robert F $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $188,000 -3.6% $98 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $195,000 -- $102 / 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 $1,330 $11,875 -- --
2024 $1,314 $11,310 -- --
2023 $1,314 $62,960 $12,590 $50,370
2022 $1,261 $48,150 $9,630 $38,520
2021 $1,269 $40,110 $8,020 $32,090
2020 $1,231 $33,100 $6,620 $26,480
2019 $1,207 $25,360 $5,070 $20,290
2018 $1,177 $18,850 $3,770 $15,080
2017 $1,142 $17,950 $3,590 $14,360
2016 $1,134 $16,350 $3,270 $13,080
2015 $1,089 $16,400 $3,280 $13,120
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Elizabeth Vullo

    Call Realty, Inc.

    Section Image
  • Sergei Perkovskii

    Buyer's Agent in 2012

    Sergei Perkovskii

    Gold Trust Realty

    (480) 241-9278

    40 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4801094

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-151

Arizona Maricopa County Tempe 85281 Downtown Tempe

907 S Mariana St, Tempe, AZ

This home is located at 907 S Mariana St, Tempe, AZ 85281 since 09 August 2012 and is currently estimated at $777,985, approximately $404 per square foot. This property was built in 1959. 907 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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