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1200 South Farmer Avenue

1200 South Farmer Avenue, Tempe, AZ 85281
Sold Jul 27, 2006
$250,000
$200,000 by Equitable Home Mortgage Inc
Mortgage Due Aug 01, 2036
Local assessors in Tempe, AZ have categorized 1200 South Farmer Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,026 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1200 South Farmer Avenue has a total of 1,392 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with tilt-up (pre-cast concrete) control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on a evaporative cooler for their cooling system. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1200 South Farmer Avenue was last sold in Jul 21, 2006 for $250,000. According to our calculations, that's $179.60 per sqft. Current property owners are expected to pay $1,418 in taxes per year. The property on 1200 South Farmer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,380. To break that down further, the land itself was valued at $8,070. While improvements to the property were assessed at a total of $32,310. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,026
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Floor/wall
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STATE COLLEGE HOMES ANNEX LOTS 50-54
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: STATE COLLEGE HOMES ANNEX LOTS 50-54 MCR 48/16

Ownership

  • Current Owner : WRIGHT TIMOTHY R
  • Previous Owner : CONNOLLY JOELE L

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 318900

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 4816
  • Parcel: 124-70-061
  • Lot: 54
  • Meridian: SEC 21 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4159
  • Longitude: -111.945

    Address

  • Full Address: 1200 S Farmer Ave
  • Address - House Number: 1200
  • Street Direction: S
  • Address - Street Name: Farmer
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C004
  • 4-Digit Zip Code: 5774
  • Zip Code: 85281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,418
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 522,091
  • High Value: 603,563
  • Low Value: 440,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 27, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $403,800
  • Market Land Value: $80,700
  • Market Improvement Value: $323,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,380
  • Assessed Land Value: $8,070
  • Assessed Improvements Value: $32,310

    Sales

  • Current Sale Contract Date: Jul 21, 2006
  • Current Sale Recording Date: Jul 27, 2006
  • Current Sale Transaction ID: 1023469742
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006-1004521

    Last Sale Mortgage

  • First Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jul 27, 2006
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1200 South Farmer Avenue located in?
The 1200 South Farmer Avenue is a located in the neighborhood of Mitchell Park East in Mitchell Park East, Tempe.
What is the average sales price for listings in 1200 South Farmer Avenue?
The average sales price for units in 1200 South Farmer Avenue is $0 currently.

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