1031 S FARMER Avenue, Tempe, AZ 85281
$500,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$500,000
Last Modified:
7/10/2026
Overview
Description
Listing Details MLS# 5987853
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 1031
- Compass
- S
- Street Name
- FARMER
- St Suffix
- Avenue
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 5501
- Country
- US
- County Code
- Maricopa
- Subdivision
- FARMERS BLKS 4-5 & PT 3, LOTS 6-9
- Assessor Number
- 124-70-003
- Tax Year
- 2019
- Assessor's Map #
- 70
- Legal Description (Abbrev)
- LOT 8 BLOCK 3 FARMERS BLKS 4-5 & PT 3, LOTS 6-9 MCR 000153
- Assessor's Parcel #
- 3
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 318900
- Taxes
- 1380
- Legal
- LOT 8 BLOCK 3 FARMERS BLKS 4-5 & PT 3, LOTS 6-9 MCR 000153
- Marketing Name
- FARMERS
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 7,125 SQ FT (PER COUNTY ASSESSOR)
- Year Built
- 1957
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
- Elementary School
- Holdeman Elementary School
- Jr. High School
- Geneva Epps Mosley Middle School
- High School
- Tempe High School
Remarks Misc
- Cross Street
- MILL AVE & UNIVERSITY
- Directions
- WEST ON UNIVERSITY FROM MILL, SOUTH ON FARMER.
Status Change Info
- Off Market Date
- 2021-11-23
- Under Contract Date
- 2021-11-19
- Close of Escrow Date
- 2021-12-30
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 21
- Block
- 3
- Lot Number
- 8
More Information
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 850
- Avg SqFt
- 720
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Duplex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Other
- 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
- 0
- Operating Exp
- 1380
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 475000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Other
- Yes
- See Remarks
- Yes
Cooling
- Other
- Yes
- See Remarks
- Yes
Tenant Pays
- Other (See Remarks)
- Yes
Appliances Included
- Other
- Yes
Road Surface Type
- Dirt
- Yes
- Gravel
- Yes
Source of Fincl Data
- Unknown
- Yes
Water Source
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Other
- Yes
- See Remarks
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
- Wraparound
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Non Assumable
- 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
- 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:
Duplex
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Other
Sale Includes:
Land & Building
Community Features:
No Pool
Appliances Included:
Other
Heating:
Other; See Remarks
Cooling:
Other; See Remarks
Water Source:
Individual Meter
Sewer:
Sewer - Public; Sewer-In & Connected
Electric:
SRP
Gas:
SW Gas
Parking Features:
1 Space/Unit
Road Surface Type:
Gravel; Dirt
Owner Pays:
Other; See Remarks
Tenant Pays:
Other (See Remarks)
Source of Fincl Data:
Unknown
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Non Assumable
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; Owner May Carry; Wraparound; 1031 Exchange
Environmental:
None
Listing Office:
Keller Williams Realty Sonoran Living
Last Updated: July - 10 - 2026
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