1190 S MILL Avenue, Tempe, AZ 85281
$899,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$899,000
List Date:
7/24/2021
Last Modified:
9/14/2022
Description
An excellent investment or personal living opportunity. The perfect property for ASU students, on Mill Ave., across the street from ASU/Gammage. OR, live in the main house and rent out the NEW guest house to offset expenses. These two separate houses on are on approx. 10,000 sf lot. Each unit has its own private fenced-in outdoor space complete with new paver patios and synthetic turf, perfect for pet owners, and each house has sperate parking. The main house is approx. 1900 sf -3 beds and 2 baths, plus bonus room ideal for an office/study. Complete with brand new kitchen appliances, separate laundry room with full sized W/D, new flooring, cabinetry, paint, and tile. The guest house is BRAND NEW, 800 sf, completed in July 2021. It is 2 bedrooms and 2 FULL BATHROOMS, a must see!
Supplements: The guest house has full-sized washer and dryer, brand new stainless steel appliances, large separate storage area, and separate parking
More Information MLS# 6269256
Contract Info
Ownership: Fee Simple
Current Price: $899,000
Sold Price: $899,000
Status: Closed
List Date: 2021-07-19
Location, Tax & Legal
Assessor's Map #: 45
Legal Description (Abbrev): LOT 14 BLOCK 2 PARK TRACT MCR 001327
Assessor's Parcel #: 30
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319000
Taxes: 3182
Legal: LOT 14 BLOCK 2 PARK TRACT MCR 001327
Marketing Name: Maple Ash
Map Code/Grid: R37
House Number: 1190
Compass: S
Street Name: MILL
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 8773
County Code: Maricopa
Subdivision: PARK TRACT
Assessor Number: 132-45-030
Tax Year: 2020
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 3
Lot Size Dimensions: 146X67.5
Total # of Units: 2
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Year Built: 1935
Zoning: R2
Legal Info
Range: 4E
Section: 22
Township: 1N
Block: 2
Lot Number: 14
Project Type
Duplex: 1
Construction
Wood Frame: 1
Brick: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3182
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 57000
Pmt & Rate Info
Equity: 899
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Individual: 1
2 or More Units: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
On Street: 1
>1 Space Per Unit: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Underground: 1
Individual Meter: 1
Owner Pays
None: 1
New Financing
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-820-3005
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 2000
Avg SqFt: 800
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 3000
Avg SqFt: 1900
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Buyer - B
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: Mill Ave and 12th St
Directions: south on Mill Ave, turn right on 12th St, house on corner
Geo Lat: 33.416372
Geo Lon: -111.940316
Status Change Info
Off Market Date: 2021-08-23
Under Contract Date: 2021-07-27
Close of Escrow Date: 2021-09-21
Sold Price: $899,000
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 45000
Property Features
Project Type: Duplex
Construction: Wood Frame; Brick
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Individual; 2 or More Units
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Underground; Individual Meter
Parking Features: On Street; >1 Space Per Unit; Free; Paved
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Projected Proforma
Lockbox Type: Supra
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office:
Call Realty, Inc
Last Updated: September - 14 - 2022
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