Seller's Agent in 2024
Bruce Swift
Windermere Real Estate & Property Management
(480) 797-6469
4 in this area
28 Total Sales
912 E Weber Dr Tempe, AZ 85281
North Tempe NeighborhoodEstimated Value: $422,788
--
Bed
1
Bath
1,356
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Cooling Available
- Heating System Uses Natural Gas
- Brick Veneer
- Ceramic Tile Flooring
About This Home
As of June 2024Investors DREAM property!! Location, Location, Location!! RARE R2 Zoning!! So, you can add a ADU per code for additional income if you want! Current tenants are renting the main house (west 3/4 of the of the home) and the adjacent studio apartment (east 1/4 of the home) for $2k/mo, which is slightly below the market rate. Current tenants' relative lives in the studio (which currently has no bathroom, so they use the main home bathroom) and that's why it is listed as a 4 bed/1 bath.
LESS than a mile to Hwy 202 & Tempe Town Lake! A GREAT BUY & HOLD INVESTMENT to collect cashflow and to be in a HIGH GROWTH area!
Highest and best use is to: add a bathroom to the east side studio (see captions on photos for info) and then rent the main house (est $1.8k/mo) and the studio separately (est $ 1k/mo) and/or build a separate rental property in the backyard, check with City for full info.
Home was cosmetically remodeled in Jan 2021.
Home is the first home on the North side of Weber Dr off Scottsdale Rd., directly next to the convenience store with the newer Best Western Hotel located directly behind the home.
Tax records indicate the hotel recently sold for $20m in Nov 2023; and the tax value for the apartment complex to be around $100m; and the Del Taco across from this property sold for nearly $4m in 2022; etc.
Drive by ONLY - do NOT disturb the tenants, thank you.
Last Agent to Sell the Property
Windermere Real Estate & Property Management License #SA642645000 Listed on: 12/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,303
Year Built
- Built in 1957
Home Design
- Brick Veneer
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
- On-Street Parking
- RV or Boat Parking
Schools
- Cecil Shamley Elementary School
- Mckemy Middle School
- Mcclintock High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 132-11-002
Community Details
Overview
- 2 Units
- Building Dimensions are 64x116
- Tempe North Subdivision
Building Details
- Operating Expense $1,303
- Gross Income $24,000
- Net Operating Income $2,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2023
Closed on
Jun 14, 2024
Sold by
Vo Thang and Truong Chinh
Bought by
Sandhu Surinder and Sandhu Jaspreet
Seller's Agent
Bruce Swift
Windermere Real Estate & Property Management
Buyer's Agent
Michelle Minik
Realty of America LLC
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,212
Avg. Annual Appreciation
-8.53%
Purchase Details
Closed on
Oct 20, 2020
Sold by
Vo Thang
Bought by
Vo Thang and Truong Chinh
Purchase Details
Closed on
Aug 13, 2020
Sold by
Trnong Ching Hong and Vo Thang
Bought by
Vo Thang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 11, 2020
Sold by
2601 N 68Th Llc
Bought by
Wla Labs Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2020
Sold by
Wla Labs Llc
Bought by
Vo Thang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 17, 2020
Sold by
Flores Gerardo
Bought by
2601 N 68Th Llc
Purchase Details
Closed on
Mar 17, 2000
Sold by
Gross Dolores M and Estate John W Gross
Bought by
Flores Gerardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2000
Sold by
Gross Dolores M and Estate Of John W Gross
Bought by
Gross Dolores M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.21%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Sandhu Surinder | $485,000 | Pioneer Title Agency | |
| Vo Thang | -- | Old Republic Title Agency | |
| Vo Thang | -- | Great American Title Agency | |
| Wla Labs Llc | $220,000 | Great American Title Agency | |
| Vo Thang | $293,000 | Great American Title Agency | |
| 2601 N 68Th Llc | -- | None Available | |
| Flores Gerardo | $97,500 | Fidelity National Title | |
| Gross Dolores M | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vo Thang | $234,000 | |
| Previous Owner | Flores Gerardo | $78,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $485,000 | -2.0% | $358 / Sq Ft |
| 05/31/2024 05/31/24 | Price Changed | $495,000 | 0.0% | $365 / Sq Ft |
| 05/07/2024 05/07/24 | Price Changed | $495,000 | 0.0% | $365 / Sq Ft |
| 03/25/2024 03/25/24 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | For Sale | $495,000 | -- | $365 / 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 | $1,412 | $11,777 | -- | -- |
| 2024 | $1,303 | $11,217 | -- | -- |
| 2023 | $1,303 | $26,920 | $5,380 | $21,540 |
| 2022 | $1,250 | $18,470 | $3,690 | $14,780 |
| 2021 | $1,259 | $16,870 | $3,370 | $13,500 |
| 2020 | $1,061 | $16,100 | $3,220 | $12,880 |
| 2019 | $1,040 | $15,650 | $3,130 | $12,520 |
| 2018 | $1,012 | $14,850 | $2,970 | $11,880 |
| 2017 | $981 | $13,250 | $2,650 | $10,600 |
| 2016 | $976 | $11,320 | $2,260 | $9,060 |
| 2015 | $944 | $9,420 | $1,880 | $7,540 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Swift
-
Michelle Minik
Buyer's Agent in 2024
Michelle Minik
Realty of America LLC
(623) 777-5810
1 in this area
266 Total Sales
-
April Osorio
Buyer Co-Listing Agent in 2024
April Osorio
Realty of America LLC
(623) 206-8872
1 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6634148
APN: 132-11-002
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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