$849,000
$101K PRICE DROP

Estimated payment $4,804/month

Total Views 3,559
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4 Car Attached Garage
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Cooling Available
  • Ceiling Fan

About This Home

TWO SEPARATE Adjoining Homes (925 E Henry St & 1100 N Esther St) - Both have HUGE LOTS, nearly 1/2 ACRE of land, both lots have R-2 ZONING! PLENTY of land and adequate zoning to add more ADU units PLUS opportunity to add more sf to both existing homes to increase rents etc., seller has permits ready to go, buyer to verify all with city of Tempe. Both homes (have separate parcel/APN numbers) and both homes are 2 bedrooms, 1 bath, plus laundry room/office; carport, feature huge backyards and more! Both homes are currently rented: Henry St has a new 1-year lease of $ 1,895/mo., and we had dozens potential tenants to select from; and Esther St has been on a month-to-month lease for the last few years at the same rental rate. Over 40k+ income. Buyer to verify all facts and figures. Well maintained, remodeled in 2015 with all new interiors: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane ACs, and more! Separate utility meters for each home. Both homes have block fenced huge yards.

These properties both back up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location.

Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

Listing Agent

Bruce Swift

Windermere Real Estate & Property Management License #SA642645000

Windermere Real Estate & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1957

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Car Attached Garage
  • 3 Open Parking Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 100-101
  • Assessor Parcel Number 132-12-100-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 21,076 total sf, lots 100 & 101
  • North Tempe Subdivision

Building Details

  • Operating Expense $787
  • Gross Income $46,200
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd & Tempe Dr
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2023
  • Directions: Scottsdale Rd to Tempe Dr, first right on Esther, both homes are in the cul-de-sac. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking, Add'l Parking Avail, Attached, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 21,076 total sf, lots 100 & 101
  • Additional Parcels: Yes
  • Parcel #: 132-12-100-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 46200.0
  • Property Net Operating Income: 42000.0
  • Annual Operating Expense: 787.0

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 132.00
  • Tax Lot: 100-101

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $720 $7,112 -- --
2024 $787 $6,773 -- --
2023 $787 $21,260 $4,250 $17,010
2022 $755 $13,370 $2,670 $10,700
2021 $760 $11,970 $2,390 $9,580
2020 $737 $11,330 $2,260 $9,070
2019 $723 $9,980 $1,990 $7,990
2018 $705 $8,080 $1,610 $6,470
2017 $684 $7,480 $1,490 $5,990
2016 $679 $5,450 $1,090 $4,360
2015 $570 $5,030 $1,000 $4,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Price Changed $849,000 +97.9% --
01/30/2025 01/30/25 Price Changed $429,000 -4.5% $429 / Sq Ft
12/05/2024 12/05/24 For Sale $449,000 -49.5% $449 / Sq Ft
12/01/2024 12/01/24 Price Changed $889,000 -3.9% --
09/01/2024 09/01/24 Price Changed $925,000 -1.5% --
08/11/2024 08/11/24 Price Changed $939,000 -1.2% --
06/19/2024 06/19/24 For Sale $950,000 0.0% --
02/15/2019 02/15/19 Rented $1,195 0.0% --
02/04/2019 02/04/19 Under Contract -- -- --
01/30/2019 01/30/19 Off Market $1,195 -- --
01/21/2019 01/21/19 For Rent $1,195 0.0% --
07/31/2015 07/31/15 Sold $125,000 0.0% $174 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $125,000 -- $174 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $342,500 New Title Company Name
Cash Sale Deed $125,000 Great Amer Title Agency Inc
Interfamily Deed Transfer -- Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6719590

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-100A