480-442-0779

405 W 7th Street, Tempe, AZ 85281 (MLS# 6491308)

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405 W 7th Street, Tempe, AZ 85281

$650,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,348 Lot Size (sq. ft.): 11,250 Status: Closed
Current Price: $560,000 Last Modified: 12/27/2023

Description

This is a Rare Investment and special chance for a developer to buy a extra large lot. Opportunity for developing a 4 plex! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & University and all it has to offer! Great potential for many different uses. Two existing structures A garage with water and sewer ran to it. Plus a 1982 3 bedroom house.City of Tempe confirms plans for a 6 plex submit for approva! Over1/4 acre 11250 plus sq ft lot! This property is in an Opportunity Zone in Tempe. 2 Parcels/Lots: 124-33-045 and 124-33-044

More Information MLS# 6491308

Contract Information

Status Change Date: 2023-11-01 Sold Price: $560,000 Status: Closed Current Price: $560,000 List Date: 2022-11-18 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: N

Location, Tax & Legal

Map Code/Grid: R36 House Number: 405 Compass: W Street Name: 7th St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 2715 Country: USA County Code: Maricopa Assessor's Map #: 33 Assessor's Parcel #: 45 Assessor Number: 124-33-045 Subdivision: none Tax Municipality: Tempe Taxes: 2200 Tax Year: 2022

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 3 # Bathrooms: 2 Approx SQFT: 1348 Price/SqFt: 415.43 Horses: N Model: unk Builder Name: unk Year Built: 1982 Approx Lot SqFt: 11250 Approx Lot Acres: 0.258 Flood Zone: No Pool: None 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: Go West on University to Farmer go north on farmer to 7th st then west on house Geo Lat: 33.42253 Geo Lon: -111.944843

Status Change Info

Off Market Date: 2023-11-01 Under Contract Date: 2023-10-02 Close of Escrow Date: 2023-10-31 Sold Price: $560,000

Legal Info

Range: 4E Section: 16 Plat: 12 Block: 400 Lot Number: 3

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Rec Center Fee Y/N: N

Architect

Architect: unk

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Items Updated

Ht/Cool Yr Updated: 2018

Parking Spaces

Garage Spaces: 2 Carport Spaces: 1 Slab Parking Spaces: 8 Total Covered Spaces: 3

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: Full Bth Master Bdrm Fireplace: No Fireplace Flooring: Carpet; Laminate; Tile Windows: Dual Pane; Low-E; Vinyl Frame Pool Features: No Pool Spa: Above Ground Community Features: Near Bus Stop Dining Area: Eat-in Kitchen Kitchen Features: 220 Volts in Kitchen; Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Laminate Counters Laundry: 220 V Dryer Hookup; Inside Other Rooms: Family Room Technology: Cable TV Avail Road Responsibility: City Maintained Road Construction: Block Const - Finish: Stucco Roofing: Comp Shingle Cooling: Refrigeration; Ceiling Fan(s) Heating: Ceiling Plumbing: Electric Hot Wtr Htr Utilities: APS Water: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: North/South Exposure Landscaping: Dirt Back; Grass Front Lockbox Type: Supra (ARMLS) Possession: By Agreement Unit Style: All on One Level Association Fee Incl: No Fees Assoc Rules/Info: Not Managed Existing 1st Loan: FHA New Financing: Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: West USA Realty
Last Updated: December - 27 - 2023
405 W 7th Street, Tempe, AZ 85281- MLS# 6491308
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