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Sold for $820,000
  • $820,000

    405 S PRIEST Drive S, Tempe, AZ 85281

    4beds
    1baths
    2,660sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $808,600 Zestimate®
    $308/sqft
    $1,480 Estimated rent

    Home value

    $808,600

    $736,000 - $889,000

    $1,480/mo

    Zestimate® history
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    What's special

    405 South Priest Drive (South) is a well maintained fourplex built in 1961 and recently renovated, near Arizona State University and major transportation routes, including Loop 202, SR-143, and I-10, as well as proximity to Phoenix Sky Harbor International Airport. The property consists of 100% 1-bedroom / 1-bathroom units, each offering 665 square feet of living space. In 2024, the property underwent extensive renovations, enhancing its appeal and functionality. Upgrades include new flooring, countertops, cabinetry, stainless-steel appliances, updated bathrooms, modern light fixtures, new doors, and fresh paint. The property is individually metered for electricity and features a shared laundry room, as well as separate storage areas for each unit. New roof by close of escrow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryce Neagle 602-714-8931,

    ABI Multifamily,

    Andrew Arambula 602-714-8994,

    ABI Multifamily

    Bought with:

    Ana Velazquez, SA675450000

    Realty ONE Group

    Source: ARMLS,MLS#: 6740390MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    Heating
    • Individual, Electric
    Cooling
    • Electric, Individual
    Appliances
    • Included: Built-In Range, Disposal, Refrigerator
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 2,660
    • Total interior livable area: 2,660 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Other
    • Uncovered spaces: 12
    Lot
    • Size: 6,611 Square Feet
    • Dimensions: 6611 sqft
    Details
    • Parcel number: 12428031B
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Electric: Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: Other
    • Subdivision: JO-ELLEN HOMES
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $679,800
    • Annual tax amount: $1,930
    • Date on market: 3/3/2025
    • Cumulative days on market: 266 days
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/1/2026Listing removed$1,400$1/sqft
    Source: ARMLS #6984523 Report a problem
    2/14/2026Listed for rent$1,400$1/sqft
    Source: ARMLS #6984523 Report a problem
    6/27/2025Sold$820,000-3%$308/sqft
    Source: ARMLS #6740390 Report a problem
    5/2/2025Price change$845,000-0.6%$318/sqft
    Source: ARMLS #6740390 Report a problem
    4/18/2025Listed for sale$849,900$320/sqft
    Source: ARMLS #6740390 Report a problem
    3/25/2025Listing removed$849,900$320/sqft
    Source: ARMLS #6740390 Report a problem
    2/20/2025Listed for sale$849,900$320/sqft
    Source: ARMLS #6740390 Report a problem
    2/13/2025Pending sale$849,900$320/sqft
    Source: ARMLS #6740390 Report a problem
    1/21/2025Listing removed$849,900$320/sqft
    Source: ARMLS #6740390 Report a problem
    1/2/2025Listed for sale$849,900-2.8%$320/sqft
    Source: ARMLS #6740390 Report a problem
    12/23/2024Listing removed$874,000$329/sqft
    Source: ARMLS #6740390 Report a problem
    12/11/2024Price change$874,000-0.1%$329/sqft
    Source: ARMLS #6740390 Report a problem
    12/2/2024Price change$874,9000%$329/sqft
    Source: ARMLS #6740390 Report a problem
    11/12/2024Price change$875,000-2.2%$329/sqft
    Source: ARMLS #6740390 Report a problem
    11/1/2024Price change$894,8000%$336/sqft
    Source: ARMLS #6740390 Report a problem
    10/17/2024Price change$894,9000%$336/sqft
    Source: ARMLS #6740390 Report a problem
    10/2/2024Price change$895,000-3.2%$336/sqft
    Source: ARMLS #6740390 Report a problem
    9/19/2024Price change$924,9000%$348/sqft
    Source: ARMLS #6740390 Report a problem
    9/10/2024Price change$925,000+0%$348/sqft
    Source: ARMLS #6740390 Report a problem
    9/3/2024Price change$924,9000%$348/sqft
    Source: ARMLS #6740390 Report a problem
    8/6/2024Listed for sale$925,000-42%$348/sqft
    Source: ARMLS #6740390 Report a problem
    4/18/2024Listing removed$1,595,000$600/sqft
    Source: ARMLS #6686460 Report a problem
    4/17/2024Price change$1,595,000-0.3%$600/sqft
    Source: ARMLS #6686460 Report a problem
    4/4/2024Listed for sale$1,599,900-11.6%$601/sqft
    Source: ARMLS #6686460 Report a problem
    3/25/2024Sold$1,810,000-9.3%$680/sqft
    Source: ARMLS #6627699 Report a problem
    1/18/2024Price change$1,995,000-9.1%$750/sqft
    Source: ARMLS #6627699 Report a problem
    1/3/2024Listed for sale$2,195,000+1808.7%$825/sqft
    Source: ARMLS #6627699 Report a problem
    5/13/2013Sold$115,000-64.1%$43/sqft
    Source: Public Record Report a problem
    4/13/2006Sold$320,000+115.5%$120/sqft
    Source: Public Record Report a problem
    9/1/2000Sold$148,500$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,082 +7%$67,980 -4.3%
    2024$1,945 +1.2%$71,030 +349%
    2023$1,922 +3.8%$15,820 -59.2%
    2022$1,851 +2.4%$38,730 +11.8%
    2021$1,808 +1.9%$34,630 +11.7%
    2020$1,773 +2.5%$31,000 +29.7%
    2019$1,729 $23,900 +20.9%
    2018$1,729 +3.1%$19,770 +5.4%
    2017$1,678 +4.9%$18,760 +18.5%
    2016$1,600 -8.9%$15,830 -0.8%
    2015$1,757 $15,960 +13.5%
    2014-- $14,060 +57.8%
    2013-- $8,910 -8.3%
    2012-- $9,720 -6.5%
    2011-- $10,400 -42.9%
    2010-- $18,220 -33.6%
    2009-- $27,420 +0.2%
    2008-- $27,370 +27.9%
    2007-- $21,400 +34.6%
    2006-- $15,900
    2005-- $15,900 +27.2%
    2004-- $12,500 -6.4%
    2003-- $13,350
    Find assessor info on the county website

    Neighborhood: Sunset

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $808,600
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    Estimated market value
    $808,600