NOT LISTED FOR SALE

2435 N Mcallister Ave Tempe, AZ 85281

North Tempe Neighborhood
60 Beds
3 Baths
13,100 Sq Ft
1984 Built

Sale Details

Date Sold: August 6, 2013

Last sale price $3,500,000 $267 Per Sq Ft

185 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Community Barbecue Grill
  • Yavapai Elementary School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of August 2013

EASY MOVE-IN PRIVATE OWNERS SIMPLE LEASE
Privately owned complex in a highly desirable neighborhood.
Campus style grounds, with a quiet, friendly and safe community.
Near ASU, Tempe Town Lake, and 3 miles from Sky Song.
Easy move-in easy lease, No hidden fees or add on charges.
No last month or security deposit.
On site maintenance and manager, pool, laundry and lots of parking.
Tenant pays for Electric and Internet only.
Pet friendly

Last Agent to Sell the Property

Mark Sumstine

Realty ONE Group License #SA632021000 Listed on: 01/09/2013

Co-Listed By

Kevin Horikami

Realty ONE Group License #SA632617000

Last Buyer's Agent

Mark Sumstine

Realty ONE Group License #SA632021000 Listed on: 01/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,237

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Parking

  • 42 Open Parking Spaces
  • 62 Parking Spaces
  • 20 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Wood Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping, pool/spa maintenance
  • Assessor Parcel Number 129-16-101-B

Community Details

Overview

  • 4 Buildings
  • 38 Units
  • Building Dimensions are Irr

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $80,065
  • Gross Income $335,016
  • Net Operating Income $254,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,237

Year Built

Built in 1984

Listing Details

  • Cross Street: Scottsdale Road & McKellips St.
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 4
  • Year Built: 1984
  • Tax Year: 2012
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 24000.0
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Open Parking Spaces: 42.0
  • Total Parking Spaces: 62.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 42.0
  • General Property Description:Total Parking Spcs: 62.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Fuel Expense: 1592.34
  • Annual Water Sewer Expense: 12569.96

Lot Info

  • Lot Size: Irr
  • Additional Parcels: Yes
  • Parcel #: 129-16-101-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 38
  • Electric Expense: 6545.37
  • Annual Gross Income: 335016.0
  • Insurance Expense: 9620.0
  • Maintenance Expense: 10000.0
  • Property Net Operating Income: 254495.29
  • Annual Operating Expense: 80064.71
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 10237.04
  • Tax Book Number: 129.00
  • Tax Lot: 0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Off Market $1,285 -- --
09/12/2025 09/12/25 Price Changed $1,285 +8.4% $2 / Sq Ft
09/04/2025 09/04/25 Price Changed $1,185 +3.5% $2 / Sq Ft
07/15/2025 07/15/25 Price Changed $1,145 -10.9% $1 / Sq Ft
07/12/2025 07/12/25 Price Changed $1,285 +8.4% $2 / Sq Ft
07/11/2025 07/11/25 For Rent $1,185 0.0% --
08/06/2013 08/06/13 Sold $3,500,000 -5.4% $267 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $3,700,000 -- $282 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Mark Sumstine

    Seller's Agent in 2013

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    33 Total Sales

    Mark Sumstine
    Section Image
  • Kevin Horikami

    Seller Co-Listing Agent in 2013

    Kevin Horikami

    Realty One Group

    (602) 828-0944

    Kevin Horikami
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4871786

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Tempe 85281 North Tempe

2435 N Mcallister Ave, Tempe, AZ

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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