405 W 7th Street, Tempe, AZ 85281
$560,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,348
Lot Size (sq. ft.):
11,250
Status:
Closed
Current Price:
$560,000
Last Modified:
4/25/2025
Description
This is a Rare Investment and special chance for a developer to buy a extra large lot. Opportunity for developing a 4 plex! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & University and all it has to offer! Great potential for many different uses. Two existing structures A garage with water and sewer ran to it. Plus a 1982 3 bedroom house.City of Tempe confirms plans for a 6 plex submit for approva! Over1/4 acre 11250 plus sq ft lot! This property is in an Opportunity Zone in Tempe. 2 Parcels/Lots: 124-33-045 and 124-33-044
More Information MLS# 6491308
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $560,000
Status: Closed
Current Price: $560,000
List Date: 2022-11-18
Location, Tax & Legal
Assessor's Map #: 33
Assessor's Parcel #: 45
Tax Municipality: Tempe
Taxes: 2200
Map Code/Grid: R36
House Number: 405
Compass: W
Street Name: 7th
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 2715
County Code: Maricopa
Assessor Number: 124-33-045
Subdivision: none
Tax Year: 2022
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Approx SQFT: 1348
Price/SqFt: 415.43
Approx Lot SqFt: 11250
Approx Lot Acres: 0.258
Flood Zone: No
Horses: N
Model: unk
Builder Name: unk
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
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1982
Legal Info
Range: 4E
Section: 16
Plat: 12
Block: 400
Lot Number: 3
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Pmt & Rate Info
Total Encumbrance: 0
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Lockbox Type
Supra: 1
Architecture
Ranch: 1
Architect
Architect: unk
Master Bathroom
Full Bth Master Bdrm: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Window Features
Dual Pane: 1
Low-Emissivity Windows: 1
Vinyl Frame: 1
Community Features
Near Bus Stop: 1
Dining Area
Eat-in Kitchen: 1
Heating
Ceiling: 1
Electric: 1
Kitchen Features
220 Volts in Kitchen: 1
Dishwasher: 1
Disposal: 1
Laminate Counters: 1
Built-in Microwave: 1
Range/Oven Elec: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Laundry
220 V Dryer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
Fencing
Block: 1
Water Source
City Water: 1
Spa
Above Ground: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 8
Total Covered Spaces: 3
Garage Spaces: 2
Carport Spaces: 1
New Financing
Cash: 1
Conventional: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
APS: 1
Existing 1st Loan
FHA: 1
Property Description
North/South Exposure: 1
Landscaping
Dirt Back: 1
Grass Front: 1
Services
City Services: 1
Items Updated
Ht/Cool Yr Updated: 2018
Unit Style
All on One Level: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
By Agreement: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
Not Managed: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Mill and University
Directions: Go West on University to Farmer go north on farmer to 7th st then west on house
Geo Lat: 33.42253
Geo Lon: -111.944843
Status Change Info
Off Market Date: 2023-11-01
Under Contract Date: 2023-10-02
Close of Escrow Date: 2023-10-31
Sold Price: $560,000
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm
Flooring: Carpet; Laminate; Tile
Window Features: Dual Pane; Low-Emissivity Windows; Vinyl Frame
Spa: Above Ground
Community Features: Near Bus Stop
Dining Area: Eat-in Kitchen
Kitchen Features: 220 Volts in Kitchen; Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Laminate Counters
Laundry: 220 V Dryer Hookup; Inside
Other Rooms: Family Room
Technology: Cable TV Avail
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Ceiling
Plumbing: Electric Hot Wtr Htr
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure
Landscaping: Dirt Back; Grass Front
Lockbox Type: Supra
Possession: By Agreement
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: FHA
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office:
West USA Realty
Last Updated: April - 25 - 2025
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