506 S HARDY Drive -, Tempe, AZ 85281
$795,000
Property Type:
Land
Lot Size (sq. ft.):
19,167
Status:
Closed
Current Price:
$795,000
List Date:
12/15/2015
Last Modified:
12/02/2024
Description
ENTITLED TOWNHOME DEVELOPMENT PROJECT FOR SALE! These two parcels at 506 and 516 S. Hardy Dr. includes design approval by the City of Tempe to develop 8 'for sale' townhomes. Construction drawings are underway and are INCLUDED in the sale. Units are each approximately 1,950 SF and include 2-4 bedrooms and 3-4 bathrooms. Luxury units with three stories, two car garages, and views of the park and Downtown Tempe's skyline and fireworks. See Documents tab for City's design report for site plan, landscape plan, civil, elevations, etc. May Joint Venture.
More Information MLS# 5373361
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $795,000
Sold Price: $795,000
Status: Closed
List Date: 2015-12-15
Location, Tax & Legal
Lot #: -
Assessor's Map #: 36
Legal Description (Abbrev): PT TR 27 BEG AT PT ON E LI N2 TR 27 100' S OF NE COR TH W 135' M/L TH S 90' TH E 135' M/L TO E LI N2
Assessor's Parcel #: 17
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Census Tract: 318800
Taxes: 891.3
Marketing Name: Hardy Townhomes
Map Code/Grid: R36
House Number: 506
Compass: S
Street Name: HARDY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
County Code: Maricopa
Assessor Number: 124-36-017
Tax Year: 2015
General Property Description
Apx Total Acres: 0.44
Apx Total Acres G/N: G
Price Per Acre: 1806818.18
# Units Allowed: 8
Apx SqFt: 19167
Price Per SqFt: 41.48
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Horses: N
Zoning: R-3
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 795000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Existing Land Use
Residential Lot: 1
Commercial Lot: 1
Zoned Presently
Multi-Family: 1
Parcel Size
.25 - .49 Acres: 1
Current Density
16 - 20 Units P/Acre: 1
Proposed Density
16 - 20 Units P/Acre: 1
Water Source
Other: 1
See Remarks: 1
Sewer
Other: 1
Electric
Other (See Rmks): 1
Gas
None: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Under 350 Feet: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Under 350 Feet: 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
Soil Test: 1
ALTA Survey Alba: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Phase I Available: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: SWC 5th St & Hardy Dr
Geo Lat: 33.424999
Geo Lon: -111.952586
Status Change Info
Off Market Date: 2016-05-04
Under Contract Date: 2016-01-07
Close of Escrow Date: 2016-05-04
Sold Price: $795,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot
Zoned Presently: Multi-Family
Parcel Size: .25 - .49 Acres
Current Density: 16 - 20 Units P/Acre
Proposed Density: 16 - 20 Units P/Acre
Water Source: Other; See Remarks
Sewer: Other
Electric: Other (See Rmks)
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
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 Other Loan: Not Applicable
New Financing: Cash
Environmental: Phase I Available
Documents
City Report ›
Listing Office:
HomeSmart
Last Updated: December - 02 - 2024
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