421 S TERRY Lane, Tempe, AZ 85281
$715,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$715,000
Last Modified:
3/03/2025
Description
Beautiful Duplex on a private cul-de-sac is now available for you! The light & bright interior is fully furnished & offers designer's finishes, an inviting living room, wood-look tile flooring, & recessed lighting throughout. Cook gourmet recipes in the modern eat-in kitchen showcasing stainless steel appliances, beautiful cabinets, stylish backsplash, & granite counters. Fantastic primary bedroom has a walk-in closet for your belongings, private access to the back patio, and a barn sliding door leading to a lavish bathroom. The low-care backyard is ideal for unwinding after a hard day's work. Amazing location close to ASU, Sky Harbor airport, the 202 & 143 freeways, and downtown Tempe. This is it! Set up an offer today!
More Information MLS# 6391524
Contract Info
Ownership: Fee Simple
Current Price: $715,000
Sold Price: $715,000
Status: Closed
List Date: 2022-04-28
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): LOT 4 MERCADO HOMES MCR 006030
Assessor's Parcel #: 1
Assessor Parcel Ltr: K
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 318800
Taxes: 1443
Legal: LOT 4 MERCADO HOMES MCR 006030
Marketing Name: n/a
Map Code/Grid: R36
House Number: 421
Compass: S
Street Name: TERRY
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 8008
County Code: Maricopa
Subdivision: MERCADO HOMES
Assessor Number: 124-29-001-K
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 1
Lot Size Dimensions: 64' X 109.50'
Total # of Units: 2
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Year Built: 1985
Zoning: R-3
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 4
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Tile: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1443
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 660000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Central Air: 1
Exterior Amenities
Fenced: 1
Patio/Balcony: 1
Interior Features
Furnished: 1
Fire/Smoke Alarm(s): 1
Drapes: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Paved: 1
Assigned: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Other: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 876
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
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: Priest Dr & University Dr
Directions: Head north on S Priest Dr, Turn right onto W 5th St, Turn left onto S Terry Ln. Property will be on the right.
Geo Lat: 33.426249
Geo Lon: -111.955649
Status Change Info
Off Market Date: 2022-05-04
Under Contract Date: 2022-05-03
Close of Escrow Date: 2022-05-26
Sold Price: $715,000
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up; Tile
Floors: Ceramic Tile; Carpet
Sale Includes: Building(s) Only
Community Features: No Pool
Exterior Amenities: Fenced; Patio/Balcony
Interior Features: Furnished; Fire/Smoke Alarm(s); Drapes
Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Assigned; Paved
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
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: VA; FHA; Conventional
Environmental: None
Listing Office:
EMG Real Estate
Last Updated: March - 03 - 2025
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