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  • Zestimate®
    $892,000

    725 E Encanto Dr, Tempe, AZ 85281

    7beds
    2,605sqft
    Single Family Residence
    Built in 1957
    -- sqft lot
    $892,000 Zestimate®
    $342/sqft
    $-- Estimated rent

    Home value

    $892,000

    $847,000 - $937,000

    Not available

    Zestimate® history
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    What's special

    Incredible investor opportunity in the heart of Tempe - just ONE BLOCK from ASU Campus and a short walk to Mill Ave. This 7 BED, 7 BATH turn-key property requires NO TLC and is fully leased through July with strong cash flow. Owner is working on 12-month lease extensions to July 2026 as we speak. Parking for 6 cars in driveway. Located near Rural & Broadway with unbeatable access to shopping, restaurants, and essentials. Ideal for student housing with two new A/C units, separate water heaters, new roof, electrical, and plumbing - all permitted (see docs tab). Flexible options for the new owner to renew, re-lease, or reconfigure. Property has never been owner-occupied. 48-HOURS Notice to Show!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 6851447

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Cable Ready
    • Has basement: No
    Interior area
    • Total structure area: 2,605
    • Total interior livable area: 2,605 sqft

    Property

    Features
    • Patio & porch: Patio
    Details
    • Parcel number: 13312070

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1957

    Community & HOA

    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $485,200
    • Annual tax amount: $3,999
    • Date on market: 10/6/2025
    • Lease term: Contact For Details
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/21/2026Listing removed$975,000$374/sqft
    Source: ARMLS #7042057 Report a problem
    6/17/2026Listed for sale$975,000-30.4%$374/sqft
    Source: ARMLS #7042057 Report a problem
    12/22/2025Listing removed$1,400,000$537/sqft
    Source: BHHS broker feed #6851447 Report a problem
    10/6/2025Listed for sale$1,400,000$537/sqft
    Source: ARMLS #6851447 Report a problem
    7/2/2025Listing removed$1,400,000$537/sqft
    Source: BHHS broker feed #6851447 Report a problem
    5/23/2025Price change$1,400,000-9.7%$537/sqft
    Source: ARMLS #6851447 Report a problem
    4/15/2025Listed for sale$1,550,000+228%$595/sqft
    Source: ARMLS #6851447 Report a problem
    3/2/2025Listing removed$8,000$3/sqft
    Source: Zillow Rentals Report a problem
    2/9/2025Listed for rent$8,000+207.8%$3/sqft
    Source: Zillow Rentals Report a problem
    9/23/2022Sold$472,500-5.5%$181/sqft
    Source: ARMLS #6423871 Report a problem
    9/4/2022Pending sale$500,000$192/sqft
    Source: ARMLS #6423871 Report a problem
    7/20/2022Listed for sale$500,000$192/sqft
    Source: HomeSmart #6423871 Report a problem
    7/13/2022Pending sale$500,000$192/sqft
    Source: HomeSmart #6423871 Report a problem
    6/24/2022Listed for sale$500,000+19138.2%$192/sqft
    Source: ARMLS #6423871 Report a problem
    8/2/2020Sold$2,599-99.1%$1/sqft
    Source: ARMLS #6097706 Report a problem
    7/14/2020Listing removed$2,599$1/sqft
    Source: Gregory Real Estate and Mgnt #6097706 Report a problem
    7/2/2020Listed for rent$2,599+4%$1/sqft
    Source: Gregory Real Estate and Mgnt #6097706 Report a problem
    7/23/2018Listing removed$2,499$1/sqft
    Source: Gregory Real Estate and Mgnt #5786025 Report a problem
    6/28/2018Listed for rent$2,499+4.2%$1/sqft
    Source: Gregory Real Estate and Mgnt #5786025 Report a problem
    7/1/2017Listing removed$2,399$1/sqft
    Source: Gregory Real Estate and Mgnt #5598725 Report a problem
    5/2/2017Listed for rent$2,399+9.1%$1/sqft
    Source: Gregory Real Estate and Mgnt #5598725 Report a problem
    5/21/2015Listing removed$2,199$1/sqft
    Source: Gregory Real Estate and Mgnt #5269895 Report a problem
    4/24/2015Listed for rent$2,199+37.5%$1/sqft
    Source: Gregory Real Estate and Mgnt #5269895 Report a problem
    10/9/2013Listing removed$1,599$1/sqft
    Source: Gregory Real Estate and Mgnt #4948199 Report a problem
    9/17/2013Price change$1,599-5.9%$1/sqft
    Source: Gregory Real Estate and Management, LLC Report a problem
    9/7/2013Listed for rent$1,699$1/sqft
    Source: Gregory Real Estate and Management, LLC Report a problem
    1/29/2007Sold$292,000-9.6%$112/sqft
    Source: ARMLS #2640476 Report a problem
    8/8/2005Sold$323,000+92.3%$124/sqft
    Source: Public Record Report a problem
    10/1/2004Sold$168,000-0.6%$64/sqft
    Source: Agent Provided Report a problem
    4/25/2003Sold$169,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,999 +7%$48,520 -9%
    2024$3,737 +17.2%$53,320 +75.4%
    2023$3,190 -10.3%$30,392 -18.3%
    2022$3,557 +2.4%$37,220 +5.5%
    2021$3,473 +1.9%$35,280 +3.4%
    2020$3,407 +2.5%$34,120 +13.7%
    2019$3,322 $30,020 +6.6%
    2018$3,322 +3.1%$28,150 +7.9%
    2017$3,223 +4.9%$26,080 -5.5%
    2016$3,074 +1.2%$27,610 +8.3%
    2015$3,037 $25,500 +22.8%
    2014-- $20,760 +16.6%
    2013-- $17,810 -4.6%
    2012-- $18,660 -20.6%
    2011-- $23,510 -19.7%
    2010-- $29,270 -6.3%
    2009-- $31,250 -1.6%
    2008-- $31,750 +12.6%
    2007-- $28,200 +54.5%
    2006-- $18,250
    2005-- $18,250 +22.9%
    2004-- $14,850
    2003-- $14,850 +25.3%
    2002-- $11,850
    Find assessor info on the county website

    Neighborhood: Daley Park

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $892,000

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $892,000