$732,000
SOLD MAR 18, 2025

1136 E Spence Ave Tempe, AZ 85281

Downtown Tempe Neighborhood
-- Bed
-- Bath
3,332 Sq Ft
0.26 Acres

Recently Sold

$220 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of March 2025

''INVESTMENT OPPORTUNITY ALERT!

LOCATION ! This incredible property in Tempe is walking distance to ASU, restaurants, hospital & more!

The property lot is a duplex and contains 2 address which are

1136 E Spence Ave Tempe AZ 85281 and
1346 S Terrace Rd Tempe Arizona 85281

Last Agent to Sell the Property

Nongnaphas Promkan

HomeSmart License #SA685369000

HomeSmart

Last Buyer's Agent

Nongnaphas Promkan

HomeSmart License #SA685369000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1960

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 133-09-031-L

Community Details

Overview

  • 1,960 Buildings
  • 2 Units
  • Building Dimensions are 11398
  • Jen Tilly Terrace Lots 13 18 Subdivision

Building Details

  • Operating Expense $2,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,551

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Fam
  • Number Of Buildings: 1960
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Directions: From Downtown Tempe: 1. Head east on E 5th St toward S Mill Ave 2. Turn left onto S Mill Ave 3. Turn right onto E University Dr 4. Continue onto E Apache Blvd 5. Turn left onto Rural Rd
  • Road Surface Type: Asphalt
  • Subdivision Name: JEN TILLY TERRACE LOTS 13-18
  • Tax Parcel Letter: L
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Disposal, None
  • Appliances Included:None38: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 11398
  • Additional Parcels: No
  • Parcel #: 133-09-031-L

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 2551.0

Tax Info

  • Tax Annual Amount: 2551.0
  • Tax Book Number: 133.00
  • Tax Lot: 17

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $732,000 -7.3% $220 / Sq Ft
02/16/2025 02/16/25 For Sale $790,000 +95.1% $237 / Sq Ft
06/22/2017 06/22/17 Sold $405,000 -12.9% $122 / Sq Ft
02/13/2017 02/13/17 For Sale $465,000 -- $140 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,551 $22,777 -- --
2024 $2,521 $21,693 -- --
2023 $2,521 $71,350 $14,270 $57,080
2022 $2,418 $55,250 $11,050 $44,200
2021 $2,435 $47,410 $9,480 $37,930
2020 $2,361 $41,670 $8,330 $33,340
2019 $2,316 $27,900 $5,580 $22,320
2018 $2,259 $27,500 $5,500 $22,000
2017 $2,191 $24,930 $4,980 $19,950
2016 $2,176 $23,580 $4,710 $18,870
2015 $2,090 $21,650 $4,330 $17,320
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,000 Seller Take Back
Previous Owner $305,000 Seller Take Back
Previous Owner $161,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $155,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $717,000 Pioneer Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $405,000 Security Title Agency Inc
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Chicago Title Insurance Co
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed $155,000 --
Warranty Deed $168,000 Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6808275

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-031L

Arizona Maricopa County Tempe 85281 Downtown Tempe

1136 E Spence Ave, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1136 E Spence Ave, Tempe, AZ 85281 and is currently priced at $732,000, approximately $219 per square foot. This property was built in 1960. 1136 E Spence Ave is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393