Closed

405 W 7th Street

Tempe AZ, 85281

$560,000


$415.43 per sqft

Closed

3 Beds

2 Baths

1,348 sqft

Residential

Built in 1982

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

6491308

MLS ID

November 18, 2022

Listed

May 10, 2024

Updated

Map

405 W 7th Street
Tempe AZ, 85281

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Interior Features

Eat-in Kitchen, Full Bth Master Bdrm, Laminate Counters


Floor Description

Carpet, Laminate, Tile


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Refrigeration, Ceiling Fan(s)


Heating

Yes


Heating Description

Electric, Ceiling

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Dirt Back, Grass Front


Architectual Style

Ranch


Roof

Composition


Sewer

Public Sewer

School Information

School District

Tempe Elementary School District


High School

Tempe High School


Elementary School

Holdeman Elementary School

Other Property Details

Taxes

$2,200


Tax Frequency

Annually


Days on Market

296


Association Amenities

Not Managed


Garage

Yes


Garage Spaces

2


View

No


County

Maricopa


Water Source

City Water


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/1/2023

Price Change

$560,000

-14%

11/1/2023

Sold

$560,000

10/3/2023

Under Contract

9/16/2023

Price Change

$650,000

-17%

8/6/2023

Price Change

$775,000

-4%

4/28/2023

Price Change

$799,900

-12%

4/28/2023

Active

Courtesy of West USA Realty, Robert Bobber

Listing Contact: 312-961-9059 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Denise Hurd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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