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Tempe 85284
1230 W CAROLINE Lane
$4,000,000
Land - For Sale

1230 W CAROLINE Lane

Tempe, AZ 85284
bedrooms
Studio
bathrooms
0 Bath
$20,530
Estimated Monthly
$0
HOA / Fees
0.01%
Cap Rate

About This Property

Welcome to your chance to own 3.59 acres of prime land in Tempe, Arizona. This expansive lot offers immense potential for various development opportunities. Zoned R-43, it allows flexibility for splitting the land. Existing buildings provide a solid foundation for numerous possibilities, including horse stalls for equestrian enthusiasts. Situated conveniently near major thoroughfares and amenities, this property is perfect for creating your dream estate, embarking on a development project, or exploring commercial ventures. Don't miss this rare opportunity to own a sizable piece of land with endless possibilities. Turn your vision into reality.
Unit Size
-
Days on Market
33 days
Land Size
3.59 acres
Price per sqft
-
Property Type
Land
Property Taxes
$889
HOA Dues
-
Year Built
1997
Listed By
Last updated: 29 days ago (ARMLSAZ #6687168)

Price History

Date / Event Date Event Price
Apr 4, 2024 Listed by eXp Realty $4,000,000
Listed by eXp Realty
Jan 23, 2023 Sold to Abdulaziz Jaber Alrajhi, Ja... $2,550,000
Sold to Abdulaziz Jaber Alrajhi, Ja...

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 156,375
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: WARNER I-10 COMMERCE CENTER 2 LOT 1-9
  • Land Acres: 3.59
  • Mobile Home Indicator: T
  • Legal Description 1: E 256.23F OF TH PT OF SW4 NW4 SEC 21 DAF BEG NW COR SW4 NW4 TH S ALG W LN SD SEC 200F TH E 673F TO POB TH E 654.29F TO PT 14F W OF E LN OF SW4 NW4 TH S 1D 9M W 170F TH W 654.25F TH N 170 TO POB TOG W/ N 200F SW4 NW4 SEC 21 EX E 14F & W 760F P/F 14-43

Ownership

  • Current Owner : ALRAJHI JABER SALEH
  • Current Owner 2: ALRAJHI ABDULAZIZ JABER
  • Previous Owner : MERLS TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319910

Zoning

  • Zoning: R-43

Geography

  • Parcel: 301-60-052-B
  • Meridian: SEC 21 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3305
  • Longitude: -111.959

    Address

  • Full Address: 1230 W Caroline Ln
  • Address - House Number: 1230
  • Street Direction: W
  • Address - Street Name: Caroline
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Tempe
  • Zip Code: 85284

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,671
  • Tax Rate Code Area: 280004

    Appraisal Valuation

  • Standard Deviation: 0.1363
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 2,144,179
  • High Value: 2,436,540
  • Low Value: 1,851,817

    Market Valuation

  • Market Total Value: $1,340,600
  • Market Land Value: $1,302,400
  • Market Improvement Value: $38,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,060
  • Assessed Land Value: $130,240
  • Assessed Improvements Value: $3,820

    Sales

  • Current Sale Contract Date: Jan 23, 2023
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Transaction ID: 11901048285
  • Current Sale Price: $2,550,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 35579

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tempe


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Frequently Asked Questions

When was property at 1230 West Caroline Lane built and last sold?
The property at 1230 West Caroline Lane was built in 1997 and last sold on Jan 23, 2023 for $2,550,000.
How much is this home worth?
The estimated value of the home located at 1230 West Caroline Lane is $4,040,000.
What are some comparable homes to 1230 West Caroline Lane?
There are currently no comparable homes to 1230 West Caroline Lane.

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