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Tempe 85281 Clark Park
534 W 15TH Street
Photo of 534 W 15TH Street
Sold on Jun 27, 2025

63

Map

Photo of 534 W 15TH Street
Photo of 534 W 15TH Street
$742,000
● House - Off Market

534 W 15TH Street

Tempe, AZ 85281
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,122 Ft²
$4,101
Est. Monthly
3.41%
Cap Rate

About This Property

Just minutes from the ASU campus, this stunning 3-bed, 2.5-bath custom home blends historic charm with modern luxury in one of Tempe's most sought-after neighborhoods. Built in 2014 on an irrigated lot, this 2,122 sq ft residence showcases thoughtful updates throughout-including wood plank flooring, an open-concept great room, and a split floorplan for added privacy. Entertain with ease in the chef's kitchen featuring Bosch and Thermador appliances, granite countertops, a walk-in pantry, and a breakfast bar, or unwind by the striking stone fireplace and wet bar. Owned solar (paid in full!) keeps energy costs low while you enjoy 21st-century living in a timeless setting. You don't want to miss this perfect blend of luxury and charm!
Unit Size
2,122 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$365
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6860724)

Price History

Date / Event Date Event Price
Jun 27, 2025 Sold
Premium
Sold
May 17, 2025 In contract -
In contract
May 2, 2025 Listed by My Home Group Real Estate $775,000
Listed by My Home Group Real Estate
May 13, 2019 Sold
Premium
Sold
Apr 18, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,765
  • Total Building Area: 2,122
  • Gross Building Area: 2,122
  • Building Area: 2,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,122
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMPUS HOMES
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: CAMPUS HOMES MCR 55/32

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 5532
  • Parcel: 124-65-075
  • Lot: 77
  • Meridian: SEC 21 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4126
  • Longitude: -111.947

    Address

  • Full Address: 534 W 15th St
  • Address - House Number: 534
  • Street Direction: W
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C010
  • 4-Digit Zip Code: 6502
  • Zip Code: 85281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,954
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 788,293
  • High Value: 905,760
  • Low Value: 670,827

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $118,000
  • Market Improvement Value: $472,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $47,200

    Sales

  • Current Sale Contract Date: Apr 02, 2019
  • Current Sale Recording Date: May 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190347697
  • Previous Sale Recording Date: Apr 18, 2014
  • Previous Sale Contract Date: Apr 16, 2014
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Clark Park

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

74

Average Home Size

1099 ft²

Average Home Age

71.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 154 W 5th Street, Tempe, AZ, 85281

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,403 ft²
154 W 5th Street #241, Tempe, AZ, 85281 Listing by Christopher V Karas
Unit for rent at 406 W 7th Street, Tempe, AZ, 85281

$2,595 /mo

  • 2 Beds
  • 2 Baths
  • 1,396 ft²
406 W 7th Street #1013, Tempe, AZ, 85281 Listing by Cristina Aguilera
Unit for rent at 1081 W 1st Street, Tempe, AZ, 85281

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,590 ft²
1081 W 1st Street #16, Tempe, AZ, 85281 Listing by Gaby Carder

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6860724
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 534 West 15th Street built and last sold?
The property at 534 West 15th Street was built in 2014 and last sold on Apr 2, 2019 for $525,000.
How much is this home worth?
The estimated value of the home located at 534 West 15th Street is $0.
What are some comparable homes to 534 West 15th Street?
There are currently no comparable homes to 534 West 15th Street.
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