2122 S Granada Dr Tempe, AZ 85282
Alameda NeighborhoodHighlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Heating Available
About This Home
As of February 2025If you know the Tempe area, you know THIS is the location to be in as an investor! Located directly next to the highly desirable neighborhood of Broadmor, this single-level, fully occupied 4-unit will be a valuable addition to your investment portfolio whether you're an experienced investor or just starting out. This prime investment opportunity
consists of Three(3)-1bd/1ba units plus One(1) 2bd/1ba unit, each unit with its own convenient dedicated parking spot in the rear, individually metered electric. Many updates throughout! Highly desirable central location with high tenant demand!
Don't miss out on this exceptional opportunity to own a multifamily property in one of Tempe's most sought-after locations! Buyer to verify all facts and figures to their satisfaction.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,111
Year Built
- Built in 1961
Lot Details
- Property fronts an alley
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 9
- Assessor Parcel Number 133-25-021
Community Details
Overview
- 4 Units
- Building Dimensions are 7283
- Sunset Vista Subdivision
Building Details
- Operating Expense $13,311
- Gross Income $45,771
- Net Operating Income $32,460
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $707,500 | -9.9% | $456 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $785,000 | 0.0% | $506 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/02/2025 01/02/25 | Price Changed | $785,000 | -4.8% | $506 / Sq Ft |
| 06/26/2024 06/26/24 | For Sale | $825,000 | -- | $532 / Sq Ft |
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 | $2,137 | $19,079 | -- | -- |
| 2024 | $2,111 | $18,170 | -- | -- |
| 2023 | $2,111 | $69,820 | $13,960 | $55,860 |
| 2022 | $2,025 | $55,480 | $11,090 | $44,390 |
| 2021 | $2,039 | $46,150 | $9,230 | $36,920 |
| 2020 | $1,977 | $38,450 | $7,690 | $30,760 |
| 2019 | $1,940 | $33,250 | $6,650 | $26,600 |
| 2018 | $1,892 | $27,330 | $5,460 | $21,870 |
| 2017 | $1,835 | $23,710 | $4,740 | $18,970 |
| 2016 | $1,822 | $22,130 | $4,420 | $17,710 |
| 2015 | $1,751 | $22,230 | $4,440 | $17,790 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $672,125 | New Conventional | |
| Previous Owner | $149,800 | New Conventional | |
| Previous Owner | $150,000 | Stand Alone Refi Refinance Of Original Loan |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $707,500 | Navi Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $170,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Ticor Title Agency Of Az Inc |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6723731
APN: 133-25-021
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.
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
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