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Sold for $560,000
  • $560,000

    405 W 7th Street, Tempe, AZ 85281

    3beds
    2baths
    1,348sqft
    Single Family Residence
    Built in 1982
    0.26 Acres Lot
    $573,200 Zestimate®
    $415/sqft
    $2,387 Estimated rent

    Home value

    $573,200

    $522,000 - $631,000

    $2,387/mo

    Zestimate® history
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    $3,193/mo

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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Bobber 312-961-9059,

    West USA Realty

    Bought with:

    DiAna Martinez, SA658501000

    HomeSmart

    Source: ARMLS,MLS#: 6491308MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric, Ceiling
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Eat-in Kitchen, Full Bth Master Bdrm, Laminate Counters
    • Flooring: Carpet, Laminate, Tile
    • Windows: Low Emissivity Windows, Double Pane Windows, Vinyl Frame
    • Has basement: No
    Interior area
    • Total structure area: 1,348
    • Total interior livable area: 1,348 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Garage, Carport, Open
    • Garage spaces: 2
    • Carport spaces: 1
    • Covered spaces: 3
    • Uncovered spaces: 8
    Features
    • Stories: 1
    • Pool features: None
    • Has spa: Yes
    • Spa features: Above Ground
    • Fencing: Block
    Lot
    • Size: 0.26 Acres
    • Features: Dirt Back, Grass Front
    Details
    • Parcel number: 12433045

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Block
    • Roof: Composition
    Condition
    • Year built: 1982

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Near Bus Stop
    Location
    • Region: Tempe

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/31/2023Sold$560,000-13.8%$415/sqft
    Source: ARMLS #6491308 Report a problem
    9/16/2023Price change$650,000-16.1%$482/sqft
    Source: ARMLS #6491308 Report a problem
    8/6/2023Price change$775,000-3.1%$575/sqft
    Source: ARMLS #6491308 Report a problem
    4/28/2023Price change$799,900-11.1%$593/sqft
    Source: ARMLS #6491308 Report a problem
    3/6/2023Pending sale$899,900$668/sqft
    Source: ARMLS #6491308 Report a problem
    11/19/2022Listed for sale$899,900$668/sqft
    Source: ARMLS #6491308 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$131 +7.6%$2,270 -18.9%
    2024$122 +1.2%$2,800 +143.9%
    2023$120 +4.2%$1,148 -42%
    2022$116 +1.4%$1,980 +8.2%
    2021$114 +1.9%$1,830 +16.6%
    2020$112 +2.7%$1,570 +29.8%
    2019$109 $1,210 +10%
    2018$109 +3.2%$1,100 +15.8%
    2017$105 +4%$950 +8%
    2016$101 +2.7%$880 -1.1%
    2015$99 $890 +20.3%
    2014-- $740 -18.7%
    2013-- $910 -7.1%
    2012-- $980 -18.3%
    2011-- $1,200 -19.5%
    2010-- $1,490 +4.9%
    2009-- $1,420 -18.9%
    2008-- $1,750 +12.2%
    2007-- $1,560 +132.8%
    2006-- $670
    2005-- $670 +104.9%
    2004-- $327
    2003-- $327
    2002-- $327

    Find assessor info on the county website

    Neighborhood: Riverside

    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
    $573,200
    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
    $573,200