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Sold for $1,000,000
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  • $1,000,000

    1141 S Farmer Avenue, Tempe, AZ 85281

    8beds
    1baths
    3,200sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $1,037,500 Zestimate®
    $313/sqft
    $1,727 Estimated rent

    Home value

    $1,037,500

    $955,000 - $1.13M

    $1,727/mo

    Zestimate® history
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    What's special

    Spectacular quadplex close to ASU and Downtown Tempe, this 4-plex is centered around the cottages and bungalows of the MAPLE ASH FARMER WILSON (MAFW) neighborhood. The 2 story building has 4 units with 2 good sized bedrooms and 1 full bath, covered parking and is just moments away from 'locals only' hangouts, fine dinning and lots of great shopping. At the north end of Farmer Ave is lake access and event parking with more great restaurant finds. it's proximity to the downtown area helps maintain its zero vacancy rate. Great investment opportunity!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Kittelman 602-820-8164,

    Realty Executives

    Bought with:

    John P Kobierowski, BR046971000

    ABI Multifamily

    Source: ARMLS,MLS#: 6574745MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), 2 or More Units
    Appliances
    • Included: Free-Standing Range, Refrigerator, Washer/Dryer
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: 1 Space/Unit, On Street, Carport
    • Has carport: Yes
    • Covered spaces: 4
    Lot
    • Size: 8,094 Square Feet
    • Dimensions: 57 x 142
    Details
    • Parcel number: 12470012B
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1972

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $829,800
    • Annual tax amount: $2,690
    • Date on market: 7/6/2023
    • Cumulative days on market: 4 days
    • Listing terms: Owner May Carry,Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/3/2023Sold$1,000,000$313/sqft
    Source: ARMLS #6574745 Report a problem
    7/10/2023Pending sale$1,000,000$313/sqft
    Source: ARMLS #6574745 Report a problem
    7/6/2023Listed for sale$1,000,000+217.5%$313/sqft
    Source: ARMLS #6574745 Report a problem
    5/22/2008Sold$315,000$98/sqft
    Source: ARMLS #2946501 Report a problem
    4/30/2008Listed for sale$315,000-19.2%$98/sqft
    Source: Keller Williams Realty #2946501 Report a problem
    6/29/2005Sold$390,000+72.1%$122/sqft
    Source: Public Record Report a problem
    12/17/2003Sold$226,550+27.3%$71/sqft
    Source: Public Record Report a problem
    9/21/2001Sold$178,000$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,024 +7%$82,980 -4.4%
    2024$2,826 +1.2%$86,820 +277.8%
    2023$2,793 +3.8%$22,983 -63.7%
    2022$2,690 +2.4%$63,310 +20.8%
    2021$2,626 +1.9%$52,410 +13%
    2020$2,576 +2.5%$46,400 +21.7%
    2019$2,512 $38,120 +20.9%
    2018$2,512 +3.1%$31,530 +15.6%
    2017$2,438 +4.9%$27,280 +6.1%
    2016$2,325 -10.1%$25,700 -0.4%
    2015$2,587 $25,810 +22.5%
    2014-- $21,070 +65.5%
    2013-- $12,730 +1.8%
    2012-- $12,510 -19.9%
    2011-- $15,620 -22%
    2010-- $20,030 -41.8%
    2009-- $34,400 -4.8%
    2008-- $36,120 +45.4%
    2007-- $24,850 +28.8%
    2006-- $19,300
    2005-- $19,300 +18.8%
    2004-- $16,250
    2003-- $16,250 +37.1%
    2002-- $11,850
    Find assessor info on the county website

    Neighborhood: Mitchell Park East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Holdeman Elementary School
    • Middle: Geneva Epps Mosley Middle School
    • High: Tempe High School
    • District: Tempe Elementary 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
    $1,037,500
    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
    $1,037,500