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Tempe 85281 Maple-Ash
1190 S MAPLE Avenue #14
$725,000
Land - For Sale

1190 S MAPLE Avenue #14

Tempe, AZ 85281
bedrooms
Studio
bathrooms
0 Bath
$3,807
Estimated Monthly
$0
HOA / Fees
0.86%
Cap Rate

About This Property

OWNERS SAY ''GET IT SOLD!'' Motivated Sellers offering this fantastic investor opportunity. Fabulous corner lot located in the highly desired Maple Farmer Ash neighborhood of Tempe! This lot has numerous options for the savvy investor or builder. Lot was purchased with city-approved plans for a single-family residence that will convey. The lot is zoned R-2 which allows for the +/- 10000 SF lot to be split. Seller has submitted the current design to the city that has (2) two two-story homes with attached ADUs (accessory dwelling units) for future rentals. The lot split has gone through the City of Tempe with minimal comments for final approvals. This lot is located within moments of the campus of Arizona State University, and the world-renowned Gammage Theatre, and is moments to Tempe's Mill Ave with all its restaurants, nightlife, and historic homes. Quick access to freeways and Sky Harbor (less than 10 minutes from door to terminal). This is a fantastic development opportunity to build upon looking towards the market for 2024 and beyond.
Unit Size
-
Days on Market
269 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$247
HOA Dues
-
Year Built
1935
Listed By
Last updated: 30 days ago (ARMLSAZ #6590641)

Price History

Date / Event Date Event Price
Apr 4, 2024 Relisted $725,000
Relisted
Apr 4, 2024 Price Increased $725,000
↑ $26K (3.7%)
Price Increased
Mar 8, 2024 No longer available -
No longer available
Feb 9, 2024 Price Decreased $699,000
↓ $100K (12.5%)
Price Decreased
Dec 13, 2023 Price Decreased $799,000
↓ $41K (4.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,111
  • Total Building Area: 2,597
  • Gross Building Area: 2,597
  • Building Area: 2,597
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,597
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PARK TRACT
  • Land Acres: 0.232
  • Legal Description 1: PARK TRACT MCR 13/27

Ownership

  • Current Owner : ELEMENTAL INC
  • Previous Owner : OLOUGHLIN CRAIG
  • Owner Before Previous Owner: VANNOY PAULINE
  • Owner Before Previous Owner 2: THE VANNOY FAMILY TRUST NO 520
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Mar 26, 2024

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319002

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 1327
  • Parcel: 132-45-071
  • Block: 5
  • Lot: 14
  • Meridian: SEC 22 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4163
  • Longitude: -111.941

    Address

  • Full Address: 1190 S Maple Ave
  • Address - House Number: 1190
  • Street Direction: S
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C003
  • 4-Digit Zip Code: 5644
  • Zip Code: 85281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,086
  • Tax Rate Code Area: 031600

    Market Valuation

  • Market Total Value: $404,100
  • Market Land Value: $404,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,615
  • Assessed Land Value: $60,615

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11900584649
  • Current Sale Price: $725,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 404443
  • Previous Sale Recording Date: May 15, 2018
  • Previous Sale Contract Date: May 10, 2018
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
3 Baths
1,795 ft²
$348/ft²
$625,000 Feb 22, 2024
-
$510/mo
Townhouse
2 Beds
3 Baths
1,540 ft²
$402/ft²
$619,000 Mar 28, 2024
-
$438/mo

About Maple-Ash


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Frequently Asked Questions

When was property at 1190 South Maple Avenue built and last sold?
The property at 1190 South Maple Avenue was built in 1935 and last sold on May 5, 2022 for $725,000.
How much is this home worth?
The estimated value of the home located at 1190 South Maple Avenue is $848,400.
What are some comparable homes to 1190 South Maple Avenue?
Homes that are comparable to 1190 South Maple Avenue include a townhouse property at 621 South Roosevelt Street, 589 South Roosevelt Street, which are both great to check out.

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