1006 S DORSEY Lane, Tempe, AZ 85281
$927,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$927,500
Last Modified:
5/16/2025
Overview
Description
Listing Details MLS# 6657575
Location, Tax & Legal
- House Number
- 1006
- Compass
- S
- Street Name
- DORSEY
- St Suffix
- Lane
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 7386
- Country
- US
- County Code
- Maricopa
- Subdivision
- MALARAN PARK 1
- Assessor Number
- 132-73-142
- Tax Year
- 2023
- Assessor's Map #
- 73
- Legal Description (Abbrev)
- LOT 4 MALARAN PARK 1 MCR 009138
- Assessor's Parcel #
- 142
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 319101
- Taxes
- 1853
- Legal
- LOT 4 MALARAN PARK 1 MCR 009138
- Marketing Name
- MALARAN PARK
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 80X110
- Year Built
- 1961
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 4
- # of Buildings
- 2
- Zoning
- R3
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
- Jr. High School
- Connolly Middle School
- High School
- Tempe High School
Remarks Misc
- Cross Street
- RURAL & UNIVERSITY
- Directions
- East on Rural, from University. South on Dorsey Lane. West on Orange St. Units on your left. Park in lot in back of unit. Entrance between 1006 & 1008 buildings from parking lot.
Status Change Info
- Off Market Date
- 2024-04-08
- Under Contract Date
- 2024-04-07
- Close of Escrow Date
- 2024-04-26
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 23
- Lot Number
- 4
More Information
Income Expenses
- Gross Annual Sch Inc
- 60000
- Net Operating Income
- 51641
Showing Notification Methods
- Showing Service
- Aligned Showings
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1250
- Avg SqFt
- 768
- # Baths
- Yes
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Brick Veneer
- Yes
Roofing
- Composition
- Yes
Floors
- Concrete
- Yes
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 1206
- Annual Landscape Exp
- 400
- Annual Maint Exp
- 1000
- Annual Mgmt Exp
- 1200
- Annual Wtr/Swr Exp
- 2700
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 8359
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 60000
Pmt & Rate Info
- Cap Rate
- 5.19
- Equity
- 995000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Supra
- Yes
Community Features
- No Pool
- Yes
Heating
- Natural Gas
- Yes
- Individual
- Yes
Cooling
- Central Air
- Yes
- Individual
- Yes
Exterior Amenities
- Fenced
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Landscaping
- Yes
New Financing
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Block
Const - Finish:
Painted; Brick Veneer
Roofing:
Composition
Floors:
Concrete; Vinyl; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Fenced
Interior Features:
Unfurnished
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Natural Gas; Individual
Cooling:
Individual; Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
Free
Road Surface Type:
Asphalt
Owner Pays:
Landscaping
Tenant Pays:
Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data:
Owner
Lockbox Type:
Supra
Existing 1st Loan:
Treat as Free&Clear
New Financing:
VA; FHA; Conventional
Environmental:
None
Listing Office:
eXp Realty
Last Updated: May - 16 - 2025
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