$1,600,000
Tempe, AZ 85281
MLS# 6284540
Status: Closed
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Property Description
Owner prefers to sell all 4 condos together, however each unit can be sold separately. Unique& Beautiful 4 patio homes, in desirable Maple-Ash neighborhood close to down town Tempe, ASU, many restaurants and Whole Foods. Within walking distance to ASU campus, to world class entertainment at Gammage Hall and Tempe Center for the Arts, to downtown and Tempe Town Lake. Open floor plans, updated kitchens, bathrooms and flooring. There is a shared carport plus 2 parking spots in front of each unit, and more parking at the back of the units. The private patios provide opportunity for urban gardening, and relaxing and enjoying the serenity of this quaint neighborhood w/tree-lined streets. A must see! Rare to find!
Details
Maps
Contract Info
Current Price: $1,600,000
Sold Price: $1,600,000
Status: Closed
List Date: 2021-08-25
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R37
House Number: 123
Compass: W
Street Name: 10TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5614
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 4 10TH AND ASH PLACE CONDOMINIUM MCR 104144
Subdivision: 10TH AND ASH PLACE CONDOMINIUM
Assessor's Map #: 45
Assessor's Parcel #: 132
Add'l Parcels: Yes
Assessor Number: 132-45-132
Legal: LOT 4 10TH AND ASH PLACE CONDOMINIUM MCR 104144
Census Tract: 319000
Tax Municipality: Tempe
Taxes: 1449
Tax Year: 2020
Marketing Name: 10th and Ash Condominiums
General Property Description
Lot Size Dimensions: 145.39 x 129.79 x 146.02 x 129.88
Year Built: 1977
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 2
Zoning: R-2
Flood Zone: No
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Mill and University
Directions: From Mill, West on 10th street. From University, South on Ash street
Geo Lat: 33.418748
Geo Lon: -111.942251
Status Change Info
Status Change Date: 2022-02-02
Off Market Date: 2022-01-06
Under Contract Date: 2021-11-15
Close of Escrow Date: 2022-02-01
Sold Price: $1,600,000
Legal Info
Township: 1N
Range: 4E
Section: 22
Lot Number: 4
Income & Expenses
Annual Ins Exp: 3200
Annual Landscape Exp: 1200
Annual Trash Exp: 4000
Owner Association: Yes
Annual Ownr Asoc Fee: 1
Operating Exp: 9850
Gross Annual Sch Inc: 78300
Adjusted Gross Inc: 78300
Totl Mnth Rntal Inc: 78300
Net Operating Income: 69900
Pmt & Rate Info
Cap Rate: 3.99
Down Payment %: 25
Monthly Payments: 4842
Equity: 1750000
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1581
Avg SqFt: 940
# Baths: 1
Contact Info
List Agent Home Phn: 480-966-9353
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Other (See Remarks)
Other Type: Packaged Offering
Construction: Block; Frame - Wood; Other (See Remarks)
Const - Finish: Stucco
Roofing: Built-Up; Tile
Floors: Wood; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; RV/Boat Parking; Separate Storage; Other (See Remarks)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Carport; <1 Space Per Unit; Add'l Parking Avail; RV/Boat Parking; Free; Paved Parking
Roads/Streets: Asphalt; Alley
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner; Projected Proforma
Showing Notification Methods: Email
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: HomeSmart
Last Updated: February - 28 - 2023
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steffy@myTempereport.com