1019 E TEMPE Drive, Tempe, AZ 85288
$770,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$770,000
Last Modified:
7/06/2022
Overview
Description
Listing Details MLS# 6015497
Location, Tax & Legal
- Map Code/Grid
- Q37
- House Number
- 1019
- Compass
- E
- Street Name
- TEMPE
- St Suffix
- Drive
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85288
- Zip4
- 1736
- Country
- US
- County Code
- Maricopa
- Subdivision
- NORTH TEMPE
- Assessor Number
- 132-12-142-A
- Tax Year
- 2019
- Assessor's Map #
- 12
- Legal Description (Abbrev)
- LOT 142 NORTH TEMPE MCR 003850
- Assessor's Parcel #
- 142
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 318400
- Taxes
- 2243
- Legal
- NORTH TEMPE LOTS 141 & 142 EXC S 65.80'
- Marketing Name
- N. Tempe 6 unit
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- IRR
- Year Built
- 1955
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 6
- # of Buildings
- Yes
- Zoning
- R-2
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Scottsdale Road & McKellips Road
- Directions
- Take Scottsdale Rd to Tempe Drive. Go east a few blocks to property, on corner.
Status Change Info
- Off Market Date
- 2020-02-25
- Under Contract Date
- 2020-02-13
- Close of Escrow Date
- 2020-03-13
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 11
- Lot Number
- 142
More Information
Income Expenses
- Gross Annual Sch Inc
- 52128
- Net Operating Income
- 37643
1 Bedroom Units
- # 1 Bedroom Units
- 6
- Avg Rent
- 724
- Avg SqFt
- 448
- # Baths
- Yes
Sold Info
- Loan Type
- Carryback
- Loan Years
- 30
- Payment Type
- Balloon
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Rolled
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 10357
- Operating Exp
- 12600
- Other Income
- 720
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 50205.6
Pmt & Rate Info
- Cap Rate
- 4.72
- Down Payment
- 0
- Equity
- 798000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
- 2 or More Units
- Yes
- Other
- Yes
- See Remarks
- Yes
Cooling
- Evaporative Cooling
- Yes
- Central Air
- Yes
- Electric
- Yes
- Individual
- Yes
- 2 or More Units
- Yes
Exterior Amenities
- Green Landscaping
- Yes
- Desert Landscaping
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Electricity
- Yes
- None
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- On Street
- Yes
- 1 Space/Unit
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
- Master Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Trash Collection
- Yes
New Financing
- Conventional
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Rolled
Floors:
Vinyl; Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Green Landscaping; Desert Landscaping
Interior Features:
Unfurnished
Appliances Included:
Built-In Range; Refrigerator
Heating:
Natural Gas; 2 or More Units; Other; See Remarks
Cooling:
Electric; Evaporative Cooling; Individual; Central Air; 2 or More Units
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
SW Gas; Master Meter
Parking Features:
Carport; On Street; 1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Gas; Trash Collection
Tenant Pays:
Electricity; None
Source of Fincl Data:
Owner; Projected Proforma
Showing Notification Methods:
Text
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional
Environmental:
None
Listing Office:
Platinum Living Realty
Last Updated: July - 06 - 2022
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.