NOT LISTED FOR SALE

947 E Tempe Dr Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $470,014 - $583,000

-- Bed
-- Bath
1,344 Sq Ft
$389/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $160,000 $119 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,994/month

60 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of February 2016

This is a duplex,2 bedroom, 1 bath each. Refrigerator will stay, parking for 6 cars in back yard, built in BBQ,tile throughout, close to bus stop, shopping, ASU, close to downtown Scottsdale, night clubs, china market place,the zoo,inside painted 2008,close to hotels,Historical museum,Papago Park,close to airport,Tempe town park,tempe beach park, and much more. Great Rental area and tenants. Each tenant pays $650. a month. Tenants are on a month to month basis and have expressed interest in staying with new owners. Excellent for owner occupied FHA deal as well. Tenant A has been there for almost 2 years, and Tenant B has been there 4 years! Very good tenants and never been late with their rent. Seller very motivated and says: Sell It! As Is Sale, inspection was done-all minor items.

Last Agent to Sell the Property

Leo Morales

HomeSmart License #BR014182000 Listed on: 10/27/2015

HomeSmart

Last Buyer's Agent

Rory Bullington

My Home Group Real Estate License #SA653562000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1963

Lot Details

  • 7,623

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 132-12-136

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7619 sqft And 1344 sq ft Living Area
  • North Tempe Subdivision

Building Details

  • Operating Expense $3,585
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,049

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: SCOTTSDALE RD & CURRY
  • Property Type: Multiple Dwellings
  • Zoning: D/DUPL
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2015
  • Directions: From Scottsdale and Curry go north 2 blocks and turn right on Tempe Dr. property on your right.
  • Road Surface Type: Asphalt
  • Subdivision Name: North Tempe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail
  • 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:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 300.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size: 7619 sqft And 1344 sq ft Living Area
  • Additional Parcels: No
  • Parcel #: 132-12-136

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 680.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 3584.8

Tax Info

  • Tax Annual Amount: 1049.0
  • Tax Book Number: 132.00
  • Tax Lot: 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Ramirez Rebecca and Obrien Rebecca
Bought by
Ramirez Gabriel and Ramirez Rebecca
Current Estimated Value
$522,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$299,395
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$242,914

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 19, 2016
Sold by
Altamirano Marcelino Barrera and Sanchez Luz Maria
Bought by
Brien Rebecca O and Ramirez Gabriel
Seller's Agent
Leo Morales
HomeSmart
Buyer's Agent
Rory Bullington
My Home Group Real Estate
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$114,497
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Ray Michael
Bought by
Ray Sylvia

Purchase Details

Closed on
Aug 10, 1998
Sold by
Mcpeters Robert J and Mcpeters Cynthia M
Bought by
Altamirano Marcelino Barrera and Sanchez Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,137
Interest Rate
6.88%
Mortgage Type
FHA
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
Ramirez Gabriel -- None Available
Brien Rebecca O $152,663 Lawyers Title Of Arizona Inc
Ray Sylvia -- First American Title Ins Age
Altamirano Marcelino Barrera $72,500 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Gabriel $325,500
Closed Brien Rebecca O $114,497
Previous Owner Altamirano Marcelino Barrera $72,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $160,000 -20.0% $119 / Sq Ft
12/26/2015 12/26/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $199,900 -- $149 / 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 $1,281 $11,434 -- --
2024 $1,265 $10,889 -- --
2023 $1,265 $29,000 $5,800 $23,200
2022 $1,214 $23,580 $4,710 $18,870
2021 $1,222 $19,680 $3,930 $15,750
2020 $1,185 $17,150 $3,430 $13,720
2019 $1,163 $16,030 $3,200 $12,830
2018 $1,134 $13,580 $2,710 $10,870
2017 $1,100 $11,610 $2,320 $9,290
2016 $1,092 $9,460 $1,890 $7,570
2015 $1,049 $8,700 $1,740 $6,960
Source: Public Records

Agents Affiliated with this Home

  • Leo Morales

    Seller's Agent in 2016

    Leo Morales

    HomeSmart

    (480) 648-5206

    4 Total Sales

    Section Image
  • Rory Bullington

    Buyer's Agent in 2016

    Rory Bullington

    My Home Group

    (480) 685-2760

    69 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5354223

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-136

Arizona Maricopa County Tempe 85281 North Tempe

947 E Tempe Dr, Tempe, AZ

This home is located at 947 E Tempe Dr, Tempe, AZ 85281 since 27 October 2015 and is currently estimated at $522,754, approximately $388 per square foot. This property was built in 1963. 947 E Tempe Dr is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

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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