$725,000
Tempe, AZ 85281
MLS# 6590641
1 / 19
Property Description
OWNERS SAY ''GET IT SOLD!'' Motivated Sellers offering this fantastic investor opportunity. Fabulous corner lot located in the highly desired Maple Farmer Ash neighborhood of Tempe! This lot has numerous options for the savvy investor or builder. Lot was purchased with city-approved plans for a single-family residence that will convey. The lot is zoned R-2 which allows for the +/- 10000 SF lot to be split. Seller has submitted the current design to the city that has (2) two two-story homes with attached ADUs (accessory dwelling units) for future rentals. The lot split has gone through the City of Tempe with minimal comments for final approvals.
Details
Maps
Documents
Contract Information
Current Price: $725,000
List Price: $725,000
Status: Active
List Date: 2023-08-08
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: Y
Location, Tax & Legal
House Number: 1190
Compass: S
Street Name: MAPLE
St Suffix: Avenue
Lot #: 14
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5644
Country: USA
County Code: Maricopa
Assessor's Map #: 45
Assessor's Parcel #: 71
Add'l Parcels: No
Assessor Number: 132-45-071
Legal Description (Abbrev): LOT 14 BLOCK 5 PARK TRACT MCR 001327
Subdivision: PARK TRACT
Census Tract: 319000
Tax Municipality: Tempe
Taxes: 2961
Tax Year: 2022
General Property Description
Apx Total Acres: 0.23
Apx Total Acres G/N: G
Price Per Acre: 3152173.91
# Lots in Listing: 1
Apx SqFt: 10111
Price Per SqFt: 71.7
Apx SqFt G/N: G
Lot Size Dimensions: 149.65 X 67.71
Horses: N
Zoning: R-2
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
Geo Lat: 33.416362
Geo Lon: -111.941541
Status Change Info
Status Change Date: 2024-04-02
Legal Info
Township: 1N
Range: 4E
Section: 22
Lot Number: 14
Pmt & Rate Info
Equity: 725000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Development Status: See Remarks
Land Features: Corner Lot
Roads/Streets: Asphalt
Road Responsibility: City Maintained Road
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Block
Supplements
This lot is located within moments of the campus of Arizona State University, and the world-renowned Gammage Theatre, and is moments to Tempe's Mill Ave with all its restaurants, nightlife, and historic homes. Quick access to freeways and Sky Harbor (less than 10 minutes from door to terminal). This is a fantastic development opportunity to build upon looking towards the market for 2024 and beyond.
Site Plan Submittal 
Listing Office: Launch Powered By Compass
Last Updated: April - 02 - 2024
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Monday 6th of May 2024 01:05 AM