Turnkey, proven cash flowing short term rental in the heart of Tempe with immediate income and family ready flexibility. The layout, location, and setup allow a buyer to generate income from day one or transition the property for full time family living without compromise. Fully remodeled just over three years ago with new HVAC system, new tankless water heater, new appliances, and a brand new PebbleTec pool with new pool heater. Private backyard designed for entertaining and strong guest demand. Open concept layout with multiple gathering spaces. Minutes from ASU, Downtown Tempe, Old Town Scottsdale, and Sky Harbor Airport. Located in a high growth corridor with ongoing redevelopment supporting long term demand. Furnishings can be included in the sale, allowing a buyer to step into cash flow operations from day one if desired or transition easily to family living. This is a rare opportunity to own a property that delivers immediate income potential and long term lifestyle and appreciation in one of Tempe's most desirable locations.
Sold for $605,000
$605,000
1027 S SIESTA Lane, Tempe, AZ 85281
4beds
1,912sqft
Single Family Residence
Built in 1958
8,320 Square Feet Lot
$604,400 Zestimate®
$316/sqft
$3,439 Estimated rent
Home value
$604,400
$556,000 - $659,000
$3,439/mo
Zestimate® history
Owner options
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$3,439/mo
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$3,439/mo
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$3,414/mo
Est. payment
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$3,414/mo
Est. payment
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List your homeWhat's special
Brand new pebbletec poolNew pool heaterNew tankless water heaterNew appliancesNew hvac system
Zillow last checked:
Listing updated:
Listed by:
Tamra Lee Ulmer 928-474-2550,
Arizona Resource Realty
Bought with:
Kip Wilkins, SA697538000
Equities Real Estate
Source: ARMLS,MLS#: 6966893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Other
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Disposal, Electric Cooktop
Features
- Breakfast Bar, Pantry, 2 Master Baths, Laminate Counters
- Flooring: Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 1,912
- Total interior livable area: 1,912 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard
- Has private pool: Yes
- Pool features: Play Pool, Heated
- Spa features: None
- Fencing: Block
Lot
- Size: 8,320 sqft
- Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
Details
- Parcel number: 13272059
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Block
- Roof: Composition
Condition
- Complete Spec Home
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Tempe
- Subdivision: Escalante
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | $605,000+30.1%$316/sqft |
Source:  ARMLS #6966893 Report a problem | ||
| 11/22/2022 | Sold | $465,000-7.8%$243/sqft |
Source: ARMLS #6433116 Report a problem | ||
| 7/7/2022 | Sold | $504,200+91%$264/sqft |
Source: Public Record Report a problem | ||
| 10/16/2017 | Sold | $264,000+55.3%$138/sqft |
Source: Public Record Report a problem | ||
| 9/1/2016 | Sold | $170,000-2.9%$89/sqft |
Source: Public Record Report a problem | ||
| 9/12/2008 | Sold | $175,000+21.5%$92/sqft |
Source: Public Record Report a problem | ||
| 8/11/2003 | Sold | $144,000+25.2%$75/sqft |
Source: Public Record Report a problem | ||
| 4/28/2003 | Sold | $115,025+3.1%$60/sqft |
Source: Public Record Report a problem | ||
| 3/19/1999 | Sold | $111,596$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,666 +7% | $36,260 -8.4% |
| 2024 | $1,557 +17.2% | $39,580 +212.6% |
| 2023 | $1,329 +4.2% | $12,662 -51.4% |
| 2022 | $1,275 +1.4% | $26,060 +6.3% |
| 2021 | $1,257 +2% | $24,520 +12.6% |
| 2020 | $1,233 +2.8% | $21,780 +10.2% |
| 2019 | $1,200 | $19,770 +15.7% |
| 2018 | $1,200 -10.7% | $17,080 +13% |
| 2017 | $1,343 +4.9% | $15,110 +21.8% |
| 2016 | $1,281 +2.7% | $12,410 +24% |
| 2015 | $1,247 | $10,010 +20.6% |
| 2014 | -- | $8,300 +11.9% |
| 2013 | -- | $7,420 -13% |
| 2012 | -- | $8,530 -30.7% |
| 2011 | -- | $12,300 -29.4% |
| 2010 | -- | $17,410 -16.2% |
| 2009 | -- | $20,780 +12.9% |
| 2008 | -- | $18,400 +11.9% |
| 2007 | -- | $16,450 +26.1% |
| 2006 | -- | $13,050 |
| 2005 | -- | $13,050 +11.5% |
| 2004 | -- | $11,700 |
| 2003 | -- | $11,700 +24.5% |
| 2002 | -- | $9,400 |
Find assessor info on the county website
Neighborhood: Escalante
Nearby schools
GreatSchools rating
- 4/10Thew Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Connolly Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10McClintock High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Flora Thew Elementary School
- Middle: Connolly Middle School
- High: McClintock High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$604,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$604,400
- Arizona
- Maricopa County
- Tempe
- 85281
- Escalante
- 1027 S SIESTA Lane
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