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Sold for $550,500
    • $550,500

    1203 E HERMOSA Drive, Tempe, AZ 85282

    5beds
    2baths
    1,914sqft
    Single Family Residence
    Built in 1964
    9,326 Square Feet Lot
    $574,600 Zestimate®
    $288/sqft
    $4,121 Estimated rent

    Home value

    $574,600

    $546,000 - $603,000

    $4,121/mo

    Zestimate® history
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    What's special

    CALLING ALL INVESTORS! This 5 bedroom, 2 bathroom Tempe home is a cash-flowing investment property leased through July 2024. Bright main living room, split floor plan, spacious bedrooms and 2 car garage. Newer SS kitchen appliances, 18'' custom tile throughout and plush carpet in the bedrooms. Large sparkling pool and low maintenance landscaping round out the backyard. Close to ASU, US-60 and tons of restaurants, retail and commercial buildings nearby.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sasha Ellis 602-509-0999,

    E & G Real Estate Services

    Bought with:

    Craig S Binder, SA689699000

    Jason Mitchell Real Estate

    Source: ARMLS,MLS#: 6684947MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Double Vanity, No Interior Steps, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    Interior area
    • Total structure area: 1,914
    • Total interior livable area: 1,914 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 9,326 Square Feet
    • Features: Sprinklers In Front, Alley, Corner Lot, Desert Back, Desert Front
    Details
    • Parcel number: 13354427

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Near Bus Stop
    • Subdivision: CYPRUS EAST UNIT 2
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $439,500
    • Annual tax amount: $2,650
    • Date on market: 10/10/2025
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/10/2026Listing removed$3,995$2/sqft
    Source: Zillow Rentals Report a problem
    1/12/2026Listed for rent$3,995-0.1%$2/sqft
    Source: Zillow Rentals Report a problem
    7/11/2025Listing removed$3,999$2/sqft
    Source: Zillow Rentals Report a problem
    5/2/2025Price change$3,9990%$2/sqft
    Source: Zillow Rentals Report a problem
    4/30/2025Price change$4,000-13%$2/sqft
    Source: Zillow Rentals Report a problem
    4/17/2025Listing removed$544,000-1.2%$284/sqft
    Source: ARMLS #6448513 Report a problem
    3/9/2025Listed for rent$4,600+2.2%$2/sqft
    Source: Zillow Rentals Report a problem
    6/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/16/2024Listed for rent$4,500+28.6%$2/sqft
    Source: Zillow Rentals Report a problem
    5/15/2024Sold$550,500-8.1%$288/sqft
    Source: ARMLS #6684947 Report a problem
    4/1/2024Listed for sale$599,000+10.1%$313/sqft
    Source: ARMLS #6684947 Report a problem
    5/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/21/2023Listed for rent$3,500+40%$2/sqft
    Source: Zillow Rentals Report a problem
    9/26/2022Listing removed--
    Source: ARMLS #6448513 Report a problem
    8/26/2022Price change$544,000-0.9%$284/sqft
    Source: ARMLS #6448513 Report a problem
    8/11/2022Listed for sale$549,000+119.6%$287/sqft
    Source: ARMLS #6448513 Report a problem
    5/11/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    4/2/2021Listed for rent$2,500+13.6%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/2/2017Listing removed$2,200$1/sqft
    Source: E & G Real Estate Services #5608033 Report a problem
    4/20/2017Listed for rent$2,200+16.1%$1/sqft
    Source: E & G Real Estate Services Report a problem
    2/17/2015Listing removed$1,895$1/sqft
    Source: E & G Real Estate Services #5229355 Report a problem
    1/31/2015Listed for rent$1,895$1/sqft
    Source: E & G Real Estate Services #5229355 Report a problem
    1/29/2015Sold$250,000-3.5%$131/sqft
    Source: ARMLS #5183428 Report a problem
    11/5/2014Price change$259,000-3.7%$135/sqft
    Source: Central Arizona Real Estate Specialists #5183428 Report a problem
    10/10/2014Listed for sale$269,000+47.4%$141/sqft
    Source: Central Arizona Real Estate Specialists #5183428 Report a problem
    9/10/2002Sold$182,500+29.2%$95/sqft
    Source: Public Record Report a problem
    12/9/1999Sold$141,200$74/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,485 +7.7%$43,950 -5%
    2024$2,308 -12.6%$46,280 +113%
    2023$2,640 +3.8%$21,723 -30.7%
    2022$2,542 +2.4%$31,350 +8.3%
    2021$2,482 +1.9%$28,960 +8%
    2020$2,435 +2.5%$26,810 +2.3%
    2019$2,375 $26,220 +8.8%
    2018$2,375 +3.1%$24,110 +7.3%
    2017$2,304 +4.9%$22,460 +1.4%
    2016$2,197 +12.5%$22,150 +10.6%
    2015$1,954 $20,030 +28.6%
    2014-- $15,580 +22.4%
    2013-- $12,730 -9.5%
    2012-- $14,060 -18.9%
    2011-- $17,330 -14%
    2010-- $20,160 -14%
    2009-- $23,450 -2.3%
    2008-- $24,000 +12.7%
    2007-- $21,300 +49.5%
    2006-- $14,250
    2005-- $14,250 +10.5%
    2004-- $12,900
    2003-- $12,900 +20.6%
    2002-- $10,700
    Find assessor info on the county website

    Neighborhood: Cyprus Southwest

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Joseph P. Spracale Elementary School
    • Middle: Connolly Middle School
    • High: McClintock 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
    $574,600
    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
    $574,600

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