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

Overview

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.

Listing Details MLS# 5373361

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Assessor Number
124-36-017
Tax Year
2015
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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

Remarks Misc

Cross Street
SWC 5th St & Hardy Dr

Status Change Info

Off Market Date
2016-05-04
Under Contract Date
2016-01-07
Close of Escrow Date
2016-05-04

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
-

More Information

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

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
Yes
Commercial Lot
Yes

Zoned Presently

Multi-Family
Yes

Parcel Size

.25 - .49 Acres
Yes

Current Density

16 - 20 Units P/Acre
Yes

Proposed Density

16 - 20 Units P/Acre
Yes

Water Source

Other
Yes
See Remarks
Yes

Sewer

Other
Yes

Electric

Other (See Rmks)
Yes

Gas

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Under 350 Feet
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Under 350 Feet
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Soil Test
Yes
ALTA Survey Alba
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Phase I Available
Yes

Existing Other Loan

Not Applicable
Yes

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

IDX
Listing Office: HomeSmart
Last Updated: December - 02 - 2024
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