$485,000
SOLD FEB 27, 2025
0.23 Acre
$2,108,696 Price per Acre
10,000 Sq Ft Lot

Recently Sold

3% Below List Price

14 Days on Market

About This Lot

As of February 2025

Rare opportunity for an urban multi-family infill lot just three blocks from ASU. The property is re-zoned for 4 units, with building plans currently in the approval process. Located steps away from popular dining, shopping, and amenities on Mill and University Avenue, including Whole Foods, Oregano's, Pita Jungle, Starbucks, and more. Positioned at the heart of the ASU experience, this development promises strong demand and excellent rental potential

Last Agent to Sell the Property

Molly Rodham

Compass License #SA657835000

Compass

Co-Listed By

Jared Rodham

Compass License #SA660706000

Last Buyer's Agent

Tanner Walker

Aurumys License #SA703621000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,410

Year Built

  • 1943

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned M-H, R-3

Community Details

  • No Home Owners Association
  • Goodwin Homes Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 124-69-075

Property Details

Property Type

Land

Est. Annual Taxes

$3,410

Year Built

1943

Lot Details

0

Listing Details

  • Cross Street: University and Mill
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: M-H, R-3
  • Tax Year: 2024
  • Directions: West on University to Wilson, South to property
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: GOODWIN HOMES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1943

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 10000.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 124-69-075
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3410.0
  • Tax Book Number: 124.00
  • Tax Lot: 5
  • Tax Map Number: 69.00

Map

Range of Values:

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Average Value
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List Price
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
02/27/2025 02/27/25 Sold $485,000 -3.0% --
01/29/2025 01/29/25 For Sale $500,000 -20.0% --
12/27/2021 12/27/21 Sold $625,000 -3.8% --
09/21/2021 09/21/21 For Sale $650,000 -- --
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 $3,410 $30,445 $30,445 --
2024 $3,369 $28,995 $28,995 --
2023 $3,369 $60,045 $60,045 $0
2022 $3,232 $54,300 $54,300 $0
2021 $3,254 $51,645 $51,645 $0
2020 $3,155 $41,850 $41,850 $0
2019 $1,138 $16,020 $3,200 $12,820
2018 $1,110 $14,770 $2,950 $11,820
2017 $1,077 $12,250 $2,450 $9,800
2016 $1,069 $11,810 $2,360 $9,450
2015 $1,027 $10,080 $2,010 $8,070
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $475,000 Commercial
Previous Owner $300,000 Balloon
Previous Owner $10,000 Unknown
Previous Owner $144,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $485,000 First American Title Insurance
Warranty Deed $634,000 Old Republic Title Agency
Cash Sale Deed $260,000 American Title Svc Agency Ll
Warranty Deed $154,000 Pioneer Title Agency Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6812411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-69-075