1223 E SPENCE Avenue, Tempe, AZ 85281 (MLS# 5888900)


$275,000
1223 E SPENCE Avenue
Tempe, AZ 85281
MLS# 5888900
Status: Closed
3 beds  |  2 baths


1223 E SPENCE Avenue, Tempe, AZ 85281
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Property Description
Strong location near LRT and ASU. Good size 3 bedroom/2+ bath house that needs repairs and upgrades. Currently rented to a long-term tenant on a month-to-month lease at $850/month. If buyer plans to obtain financing, seller prefers conventional. 8988 SF lot. Great potential. Possible land banking opportunity with lot directly south available in the right situation. Additional 7500 SF lot/triplex lot offers assemblage potential that would total 16,488 +/- SF with R-4 zoning. Buyer to complete and rely on own due diligence.

Details
Maps
Contract Information
Status Change Date: 2019-05-02
List Price: $275,000
Status: Closed
Current Price: $250,000
List Date: 2019-02-25
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: R37
House Number: 1223
Compass: E
Street Name: SPENCE
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5850
Country: USA
County Code: Maricopa
Assessor's Map #: 9
Assessor's Parcel #: 52
Assessor Number: 133-09-052
Legal Description (Abbrev): LOT 2 STANLEY PLAT MCR 005617
Subdivision: STANLEY PLAT
Tax Municipality: Tempe
Taxes: 870
Tax Year: 2018
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1477
Price/SqFt: 169.26
Horses: N
Builder Name: Unknown
Year Built: 1956
Approx Lot SqFt: 8988
Pool: None
Elementary School: Curry Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Apache and Rural
Directions: AZ-202 Loop E to Exit 7 Scottsdale Rd, turns into Rural. Head south on Rural. Turn on Spence to go east to property on corner of Spence/Stanley.
Geo Lat: 33.412619
Geo Lon: -111.919592
Status Change Info
Off Market Date: 2019-05-01
Under Contract Date: 2019-04-10
Close of Escrow Date: 2019-05-02
Sold Price: 250000
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: 2
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: %
Cap Improvement/Impact Fee 2 $/%: %
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Carport Spaces: 1
Slab Parking Spaces: 1
Total Covered Spaces: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: Other (See Remarks)
Architecture: Other (See Remarks)
Master Bathroom: Full Bth Master Bdrm
Fireplace: No Fireplace
Flooring: Other
Pool Features: No Pool
Spa: None
Community Features: Near Light Rail Stop
Dining Area: Other (See Remarks)
Kitchen Features: None
Laundry: Wshr/Dry HookUp Only
Features: Fix-Up Needs Repair; No Interior Steps; Other; See Remarks
Exterior Features: Patio; Other
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Cooling: Evaporative Cooling
Heating: Other; See Remarks
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron; Wood; Concrete Panel; Chain Link
Property Description: Corner Lot
Landscaping: Dirt Back; Gravel/Stone Front
Possession: Subject To Tenant Rights
Unit Style: All on One Level
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Non Assumable
New Financing: Conventional; 1031 Exchange
Disclosures: Seller Discl Avail

Listing Office: Platinum Living Realty

Last Updated: August - 02 - 2021

1223 E SPENCE Avenue, Tempe, AZ 85281 - MLS# 5888900

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Friday 19th of April 2024 05:48 PM