Seller's Agent in 2024
Mike Ratzken
Two Brothers Realty & Co
(480) 232-9990
5 in this area
278 Total Sales
932 E Tempe Dr Tempe, AZ 85281
North Tempe Neighborhood
--
Bed
--
Bath
1,584
Sq Ft
7,623
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Ceiling Fan
- Heating System Uses Natural Gas
- Central Air
About This Home
As of December 2024Excellent investment opportunity in high growth Tempe area near ASU! Great rental location near upscale Tempe Town Lake developments, downtown Tempe, and beautiful Papago Park! Revitalization and redevelopment in the area has meant increasing rents!Nice sized 2-bedrooms literally 2 blocks east of Scottsdale Road! Just completed full exterior paint;New roof w/transferable warranty; refurbished/painted fencing,lighting,security doors; address signage!Each unit has ceramic tile T/O;ceiling fans, its own private fenced yard! Fully rented and tenants would like to stay!! Currently on month to month leases. Do not walk the property! Do not speak to tenants! Drive by only!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,248
Year Built
- Built in 1962
Home Design
- Foam Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Over 1 Space Per Unit
- Free Parking
- Paved Parking
- On-Street Parking
Schools
- Cecil Shamley Elementary School
- Mckemy Middle School
- Mcclintock High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 131
- Assessor Parcel Number 132-12-131
Community Details
Overview
- 2 Units
- Building Dimensions are 60x127.02
- North Tempe Subdivision
Building Details
- Operating Expense $3,088
- Gross Income $18,972
- Net Operating Income $15,884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2024
Closed on
Dec 17, 2024
Sold by
Mclean Dwight
Bought by
Carreto Eugenio Morales
Seller's Agent
Mike Ratzken
Two Brothers Realty & Co
Buyer's Agent
Alisha Anderson
Real Broker
List Price
$589,000
Sold Price
$589,000
Views
1
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
-$2,337
Avg. Annual Appreciation
-0.83%
Original Mortgage
$559,550
Outstanding Balance
$557,133
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$28,927
Purchase Details
Listed on
Mar 11, 2019
Closed on
Apr 30, 2019
Sold by
Estes John P Estes
Bought by
Mclean Dwight
Seller's Agent
Pat Hood
HomeSmart
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$266,091
Interest Rate
4.1%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 3, 2003
Sold by
Estes Linda L
Bought by
Estes John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 1998
Sold by
Estes John P and Estes Linda L
Bought by
Pointer Properties Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
10.03%
Purchase Details
Closed on
Apr 24, 1998
Sold by
Estes John Pointer and Estes Linda L
Bought by
Estes John P and Estes John P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
10.03%
Purchase Details
Closed on
Dec 1, 1994
Sold by
Estes John P and Henderson Grace Estes
Bought by
Pointer Properties Ltd
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $589,000 | Navi Title Agency | |
| Warranty Deed | $272,000 | Equity Title Agency Inc | |
| Interfamily Deed Transfer | -- | Transnation Title Ins Co | |
| Warranty Deed | -- | Transnation Title Ins Co | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $559,550 | New Conventional | |
| Previous Owner | $266,091 | FHA | |
| Previous Owner | $266,091 | FHA | |
| Previous Owner | $93,800 | Purchase Money Mortgage | |
| Previous Owner | $35,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/24/2024 12/24/24 | Sold | $589,000 | 0.0% | $372 / Sq Ft |
| 11/30/2024 11/30/24 | Pending | -- | -- | -- |
| 11/29/2024 11/29/24 | For Sale | $589,000 | +116.5% | $372 / Sq Ft |
| 06/06/2019 06/06/19 | Sold | $272,000 | -1.1% | $172 / Sq Ft |
| 05/27/2019 05/27/19 | For Sale | $275,000 | 0.0% | $174 / Sq Ft |
| 05/27/2019 05/27/19 | Price Changed | $275,000 | 0.0% | $174 / Sq Ft |
| 05/03/2019 05/03/19 | For Sale | $275,000 | 0.0% | $174 / Sq Ft |
| 05/03/2019 05/03/19 | Price Changed | $275,000 | 0.0% | $174 / Sq Ft |
| 04/15/2019 04/15/19 | For Sale | $275,000 | +1.1% | $174 / Sq Ft |
| 04/06/2019 04/06/19 | Off Market | $272,000 | -- | -- |
| 03/11/2019 03/11/19 | For Sale | $275,000 | -- | $174 / 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 | $1,410 | $12,584 | -- | -- |
| 2024 | $1,393 | $11,984 | -- | -- |
| 2023 | $1,393 | $32,270 | $6,450 | $25,820 |
| 2022 | $1,336 | $26,220 | $5,240 | $20,980 |
| 2021 | $1,345 | $21,770 | $4,350 | $17,420 |
| 2020 | $1,304 | $18,970 | $3,790 | $15,180 |
| 2019 | $1,279 | $17,880 | $3,570 | $14,310 |
| 2018 | $1,248 | $15,180 | $3,030 | $12,150 |
| 2017 | $1,211 | $12,920 | $2,580 | $10,340 |
| 2016 | $1,202 | $10,550 | $2,110 | $8,440 |
| 2015 | $1,154 | $9,750 | $1,950 | $7,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Lauren Ratzken
Two Brothers Realty & Co
(480) 815-6789
2 in this area
172 Total Sales
-
Buyer's Agent in 2024
Alisha Anderson
Real Broker
(480) 299-4072
1 in this area
288 Total Sales
-
Buyer Co-Listing Agent in 2024
Erin Rivera
Real Broker
(480) 820-3333
1 in this area
70 Total Sales
-
Seller's Agent in 2019
Pat Hood
HomeSmart
(602) 796-2563
23 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5894983
APN: 132-12-131
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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