NOT LISTED FOR SALE

929 E Tempe Dr Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $465,556 - $509,000

-- Bed
-- Bath
1,344 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $405,000 $301 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,658/month

13 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of July 2021

Well maintain duplex with two identical units. Each unit is two bedroom, one bath, 672 sq ft. HVAC placed on each unit 2020, roof 2017. Tile floors throughout & nice gas stoves. Unit A has had the windows replaced with ceiling fans in LR & bedrooms. A fresh coat of interior paint on walls and cabinets will make these properties ready to go. Back of property is completely fenced with laundry facilities on site. Two uncovered gravel parking spaces per unit. Properties to be sold ''as is''. Close to ASU and Tempe Market Place. High end updating is being done to properties in this area. Rental rates in area are much higher than seller has been charging tenants.

Last Agent to Sell the Property

Sandra White

Realty ONE Group License #SA023843000 Listed on: 06/29/2021

Last Buyer's Agent

Kimberly Ortiz

Realty ONE Group License #BR539221000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1952

Lot Details

  • 7,623

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 133
  • Assessor Parcel Number 132-12-133

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7614
  • North Tempe Subdivision

Building Details

  • Operating Expense $2,593
  • Gross Income $18,600
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,153

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd. / Curry
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1440.0

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: 7614
  • Additional Parcels: No
  • Parcel #: 132-12-133

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 18600.0
  • Property Net Operating Income: 18600.0
  • Annual Operating Expense: 2593.0

Tax Info

  • Tax Annual Amount: 1153.0
  • Tax Book Number: 132.00
  • Tax Lot: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Pars Commercial Holdings Llc
Bought by
Cliffside Real Estate Llc
Current Estimated Value
$486,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$416,725
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Estimated Equity
$69,414

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 20, 2021
Sold by
Brandt Robert W and Brandt Barbara A
Bought by
Pars Commercial Holdings Llc
Seller's Agent
Sandra White
Realty ONE Group
Buyer's Agent
Kimberly Ortiz
Realty ONE Group
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Sep 17, 2020
Sold by
Brandt Robert William and Brandt Barbara Ann
Bought by
Brandt Robert W and Brandt Barbara A

Purchase Details

Closed on
Oct 10, 1996
Sold by
Brandt Robert William
Bought by
Brandt Robert William and Brandt Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,392
Interest Rate
8.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cliffside Real Estate Llc -- --
Pars Commercial Holdings Llc $405,000 Empire West Title Agency Llc
Brandt Robert W -- None Available
Brandt Robert William -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cliffside Real Estate Llc $430,000
Previous Owner Brandt Robert William $55,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $405,000 -10.0% $301 / Sq Ft
06/29/2021 06/29/21 For Sale $450,000 -- $335 / 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 $1,333 $11,122 -- --
2024 $1,231 $10,592 -- --
2023 $1,231 $28,760 $5,750 $23,010
2022 $1,181 $23,450 $4,690 $18,760
2021 $1,189 $19,600 $3,920 $15,680
2020 $1,153 $16,900 $3,380 $13,520
2019 $1,131 $15,760 $3,150 $12,610
2018 $1,103 $12,070 $2,410 $9,660
2017 $1,070 $11,380 $2,270 $9,110
2016 $1,062 $9,230 $1,840 $7,390
2015 $1,020 $8,520 $1,700 $6,820
Source: Public Records

Agents Affiliated with this Home

  • Sandra White

    Seller's Agent in 2021

    Sandra White

    Realty One Group

    (480) 390-2832

    1 in this area

    12 Total Sales

    Sandra White
    Section Image
  • Kimberly Ortiz

    Buyer's Agent in 2021

    Kimberly Ortiz

    Realty One Group

    (602) 413-8098

    2 in this area

    57 Total Sales

    Kimberly Ortiz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-133

Arizona Maricopa County Tempe 85281 North Tempe

929 E Tempe Dr, Tempe, AZ

Not Listed for Sale

MultiFamily

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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