$545,000

Estimated payment $3,294/month

Total Views 3,424
0.23 Acre
$2,369,565 Price per Acre
10,000 Sq Ft Lot

About This Lot

Exceptional opportunity to acquire a prime urban infill lot just three blocks from Arizona State University. The property is re-zoned for four-units, with building plans currently in final phase for city approval. Ideally situated just steps from the vibrant dining, shopping, and amenities of Mill Avenue and University Drive—including Whole Foods, Oregano's, Pita Jungle, Starbucks, and more. Located in the heart of the ASU experience, this development offers strong demand and outstanding rental potential.

Listing Agent

Fady Abuhmaidan

Urban and Company License #BR568879000 Listed on: 05/12/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,410

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned M-H, R-3

Community Details

  • No Home Owners Association
  • Goodwin Homes Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 124-69-075

Property Details

Property Type

Land

Est. Annual Taxes

$3,410

Lot Details

0

Listing Details

  • Cross Street: University and Mill
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Zoning: M-H, R-3
  • Tax Year: 2024
  • Directions: West on University to Wilson, South to property
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Surface Type: Dirt
  • Subdivision Name: GOODWIN HOMES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: Soil Test
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 10000.0
  • Additional Parcels: No
  • Parcel #: 124-69-075
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3410.0
  • Tax Book Number: 124.00
  • Tax Lot: 5
  • Tax Map Number: 69.00

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

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 $3,410 $30,445 $30,445 --
2024 $3,369 $28,995 $28,995 --
2023 $3,369 $60,045 $60,045 $0
2022 $3,232 $54,300 $54,300 $0
2021 $3,254 $51,645 $51,645 $0
2020 $3,155 $41,850 $41,850 $0
2019 $1,138 $16,020 $3,200 $12,820
2018 $1,110 $14,770 $2,950 $11,820
2017 $1,077 $12,250 $2,450 $9,800
2016 $1,069 $11,810 $2,360 $9,450
2015 $1,027 $10,080 $2,010 $8,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $545,000 +12.4% --
02/27/2025 02/27/25 Sold $485,000 -3.0% --
01/29/2025 01/29/25 For Sale $500,000 -20.0% --
12/27/2021 12/27/21 Sold $625,000 -3.8% --
09/21/2021 09/21/21 For Sale $650,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 First American Title Insurance
Warranty Deed $634,000 Old Republic Title Agency
Cash Sale Deed $260,000 American Title Svc Agency Ll
Warranty Deed $154,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $475,000 Commercial
Previous Owner $300,000 Balloon
Previous Owner $10,000 Unknown
Previous Owner $144,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6865166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-69-075