$589,000
SOLD DEC 24, 2024
-- Bed
-- Bath
1,584 Sq Ft
7,623 Sq Ft Lot

Recently Sold

$372 Per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Central Air

About This Home

As of December 2024

Beautiful remodeled duplex in Tempe, perfect for investors looking for a turnkey property in a prime location. This stunning property features 2 bed 1 bath units.
The interior of both sides of duplex have been completely renovated with modern finishes, including new flooring, fresh paint, and updated fixtures throughout. The kitchens have been updated with new quartz countertops, and newer appliances. The bathrooms have also been remodeled with new vanities, toilets, and tiled showers. Large Backyards featuring turf and a built in fire pit with pavers. Located in the heart of Tempe, this duplex is just minutes away from Arizona State University, Tempe Town Lake, and numerous shopping and dining options. Would make great long or short term rental!

Last Agent to Sell the Property

Mike Ratzken

Two Brothers Realty & Co License #BR636869000

Co-Listed By

Lauren Ratzken

Two Brothers Realty & Co License #SA660356000

Last Buyer's Agent

Alisha Anderson

Real Broker License #SA632752000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1962

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 131
  • Assessor Parcel Number 132-12-131

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x127.02
  • North Tempe Subdivision

Building Details

  • Operating Expense $3,250
  • Gross Income $160,560
  • Net Operating Income $3,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,410

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: SCOTTSDALE RD & CURRY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Directions: North on Scottsdale Rd, East on Tempe Dr, duplex on the north side
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: twbr001
  • Co List Office Phone: 602-413-4753
  • Subdivision Name: NORTH TEMPE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size: 60x127.02
  • Additional Parcels: No
  • Parcel #: 132-12-131

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 160560.0
  • Insurance Expense: 640.0
  • Property Net Operating Income: 3245.0
  • Annual Operating Expense: 3250.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1410.0
  • Tax Book Number: 132.00
  • Tax Lot: 131

Map

Range of Values:

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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
12/24/2024 12/24/24 Sold $589,000 0.0% $372 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $589,000 +116.5% $372 / Sq Ft
06/06/2019 06/06/19 Sold $272,000 -1.1% $172 / Sq Ft
05/27/2019 05/27/19 For Sale $275,000 0.0% $174 / Sq Ft
05/27/2019 05/27/19 Price Changed $275,000 0.0% $174 / Sq Ft
05/03/2019 05/03/19 For Sale $275,000 0.0% $174 / Sq Ft
05/03/2019 05/03/19 Price Changed $275,000 0.0% $174 / Sq Ft
04/15/2019 04/15/19 For Sale $275,000 +1.1% $174 / Sq Ft
04/06/2019 04/06/19 Off Market $272,000 -- --
03/11/2019 03/11/19 For Sale $275,000 -- $174 / 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 $1,410 $12,584 -- --
2024 $1,393 $11,984 -- --
2023 $1,393 $32,270 $6,450 $25,820
2022 $1,336 $26,220 $5,240 $20,980
2021 $1,345 $21,770 $4,350 $17,420
2020 $1,304 $18,970 $3,790 $15,180
2019 $1,279 $17,880 $3,570 $14,310
2018 $1,248 $15,180 $3,030 $12,150
2017 $1,211 $12,920 $2,580 $10,340
2016 $1,202 $10,550 $2,110 $8,440
2015 $1,154 $9,750 $1,950 $7,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $559,550 New Conventional
Previous Owner $266,091 FHA
Previous Owner $266,091 FHA
Previous Owner $93,800 Purchase Money Mortgage
Previous Owner $35,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $589,000 Navi Title Agency
Warranty Deed $272,000 Equity Title Agency Inc
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed -- Transnation Title Ins Co
Quit Claim Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Quit Claim Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6788171

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-131