1136 E SPENCE Avenue, Tempe, AZ 85281
$732,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$732,000
List Date:
2/15/2025
Last Modified:
3/19/2025
Description
''INVESTMENT OPPORTUNITY ALERT!
LOCATION ! This incredible property in Tempe is walking distance to ASU, restaurants, hospital & more!
The property lot is a duplex and contains 2 address which are
1136 E Spence Ave Tempe AZ 85281 and
1346 S Terrace Rd Tempe Arizona 85281
More Information MLS# 6808275
Contract Info
Ownership: Fee Simple
Current Price: $732,000
Sold Price: $732,000
Status: Closed
List Date: 2025-01-20
Location, Tax & Legal
Assessor's Map #: 9
Legal Description (Abbrev): JEN TILLY TERRACE MCR 28-40 PT LOT 17 BEG SE COR SD LOT N 116.25F W TO E LN W 43.97F SD LOT SELY
Assessor's Parcel #: 31
Assessor Parcel Ltr: L
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319104
Taxes: 2551
Legal: JEN TILLY TERRACE MCR 28-40 PT LOT 17 BEG SE COR SD LOT N 116.25F W TO E LN W 43.97F SD LOT SELY
Marketing Name: Multiple Dwellings Tempe
House Number: 1136
Compass: E
Street Name: SPENCE
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5810
County Code: Maricopa
Subdivision: JEN TILLY TERRACE LOTS 13-18
Assessor Number: 133-09-031-L
Tax Year: 2024
General Property Description
# of Buildings: 1960
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 11398
Total # of Units: 2
High School District: Tempe Union High School District
Year Built: 1960
Zoning: Multi-Fam
Legal Info
Range: 4E
Section: 23
Township: 1N
Lot Number: 17
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
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: 2551
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 790000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Disposal: 1
None: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Electric
APS: 1
Gas
Master Meter: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Seller to App Pnts: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 0
Avg SqFt: 500
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 850
Avg SqFt: 600
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 1
Avg Rent: 2000
Avg SqFt: 1300
# Baths: 2
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Interest Only
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Directions: From Downtown Tempe:
1. Head east on E 5th St toward S Mill Ave
2. Turn left onto S Mill Ave
3. Turn right onto E University Dr
4. Continue onto E Apache Blvd
5. Turn left onto Rural Rd
Geo Lat: 33.413106
Geo Lon: -111.920652
Status Change Info
Off Market Date: 2025-03-19
Under Contract Date: 2025-02-18
Close of Escrow Date: 2025-03-18
Sold Price: $732,000
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Disposal; None
Cooling: Electric
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: Master Meter
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Electricity; Trash Collection
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Email
Lockbox Type: Other
New Financing: Cash; VA; Conventional; Seller to App Pnts
Environmental: None
Listing Office:
HomeSmart
Last Updated: March - 19 - 2025
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