NOT LISTED FOR SALE

Estimated Value: $709,000 - $862,752

6 Beds
1 Bath
2,360 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $680,000 $288 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,402/month

52 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 4-minute walk to Mitchell Park
  • Concrete Flooring

About This Home

As of November 2023

Great Tempe opportunity for an investor looking for a rental near ASU, or a homeowner looking to live on one side and rent out the other. With two 3 bedroom units, a great yard, and that perfect location, you can't go wrong. Great price, makes sense, especially considering rents are currently below market. Instant upside! This property has potential to upgrade the units and raise rent even more.

Last Agent to Sell the Property

Daniel McClure

Keller Williams Realty Sonoran Living License #BR652615000 Listed on: 08/25/2023

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Daniel McClure

Keller Williams Realty Sonoran Living License #BR652615000 Listed on: 08/25/2023

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1996

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 124-69-062

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50x200
  • Goodwin Homes Subdivision

Building Details

  • Operating Expense $2,368
  • Gross Income $35,340
  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Cross Street: W 10th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1996
  • Tax Year: 2022
  • Directions: From the 202, go South on Priest Dr, Take a left (East) on University and follow that to Wilson. Go right (south) on Wilson to the duplex on the right at the corner of Wilson and 10th St.
  • Road Surface Type: Asphalt
  • Subdivision Name: GOODWIN HOMES
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 50x200
  • Additional Parcels: No
  • Parcel #: 124-69-062

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 35340.0
  • Property Net Operating Income: 33750.0
  • Annual Operating Expense: 2368.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Block: 5
  • Tax Book Number: 124.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 17, 2023
Sold by
Coventry Vernon & Roberts Llc
Bought by
Wilson Tempe Llc
Seller's Agent
Daniel McClure
Keller Williams Realty Sonoran Living
Buyer's Agent
Daniel McClure
Keller Williams Realty Sonoran Living
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Views
46
Current Estimated Value
$794,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,188
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Dec 27, 2021
Sold by
Zissel Henry B
Bought by
Zissel Henry B and Mabry Jennifer

Purchase Details

Closed on
Apr 22, 1994
Sold by
De La Pena Romano Partnership
Bought by
Delapena Damon E and Delapena Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.58%
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
Wilson Tempe Llc $680,000 Stewart Title & Trust Of Phoen
Zissel Henry B -- None Listed On Document
Delapena Damon E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mabry Cynthia G $280,000
Previous Owner Mabry Cynthia G $107,482
Previous Owner Mabry Cynthia G $174,000
Previous Owner Delapena Damon E $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $680,000 -2.2% $288 / Sq Ft
10/18/2023 10/18/23 For Sale $695,000 0.0% $294 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/29/2023 09/29/23 Off Market $695,000 -- --
09/21/2023 09/21/23 Price Changed $695,000 -7.3% $294 / Sq Ft
08/25/2023 08/25/23 For Sale $750,000 -- $318 / 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 $2,498 $22,303 -- --
2024 $2,468 $21,241 -- --
2023 $2,468 $63,080 $12,610 $50,470
2022 $2,368 $49,420 $9,880 $39,540
2021 $2,384 $42,510 $8,500 $34,010
2020 $2,312 $39,210 $7,840 $31,370
2019 $2,268 $32,520 $6,500 $26,020
2018 $2,211 $27,220 $5,440 $21,780
2017 $2,146 $22,450 $4,490 $17,960
2016 $2,131 $21,350 $4,270 $17,080
2015 $2,046 $20,700 $4,140 $16,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6597115

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-69-062