1102 S STRATTON Lane $949,900

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    1102 S STRATTON Lane Tempe, AZ 85281

    Closed
    SOLD 9/8/2020

    $949,900

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6078234
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    Views: 33

    Property Details

    LOCATION-LOCATION!! Near ASU, 101, 202 & Valley Metro Light Rail. To include Parcels 132-66-048-C & 132-66-048-D. Spacious corner with 7 units and 4 covered parking, zoned R-4, so huge build-up potential. Zero vacancy rate. Major renovations in the last two years include: New A/C's all units New roofs on both buildings New trees front and back New washer and dryers. New hot water heaters New toilets throughout. New granite counters New bath vanities throughout. New paint inside and outside.Spacious yard area and ample parking. This area continues to grow, with new condos and apartments still springing up. All 3 parcels MUST be sold together. Drive by only, no sign on the property and please do not disturb tenants.

    • General Features
      • Assessor Book # 132.00
      • Assessor Map # 66.00
      • Assessor Number 132-66-046-A
      • Assessor Parcel # 46.00
      • Assessor Parcel Ltr A
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 4.00
      • Cross Street Apache & McClintock
      • Gas Individual Meter,SW Gas
      • List Date 2020-05-14
      • Marketing Name NA
      • New Financing Conventional
      • Off Market Date 2020-08-27
      • Parking Add'l Parking Avail,Carport
      • Project Type Four Plex,Tri-Plex
      • Roofing Comp Shingle,Foam
      • Special Listing Conditions Owner/Agent
      • Subdivision RANCHO EL DORADO 26-35, 45-53
      • Tax Municipality Tempe
      • Tax Year 2019
      • Taxes $2,642
      • Total Units 7.00
      • Type ER
      • Uncvrd Parking Spcs 5.00
      • Year Built 1963
      • Zoning R-4
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Refrigerator,Washer/Dryer
      • Floors Ceramic Tile,Concrete
      • Cooling Individual,Window/Wall Unit
      • Heating Gas,Individual,Wall Furnace,Window/Wall Unit(s)
      • Interior Amenities Fire/Smoke Alarm(s),Unfurnished
    • Room Features
      • # 1 Bedroom Units 6
      • 1 Bedroom Units: Avg Rent 800.00
      • 1 Bedroom Units: Avg SqFt 540
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 1
      • 2 Bedroom Units: # Baths 2
      • 2 Bedroom Units: Avg Rent 1025.00
      • 2 Bedroom Units: Avg SqFt 652
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 1
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 24
      • Tenant Pays Cable TV,Electric,Gas,Sewer,Trash,Water
      • Ownership Fee Simple
      • Owner Pays Other,See Remarks
      • Income & Expenses: Totl Mnth Rntal Inc 5700.00
      • Income & Expenses: Net Operating Income 57012.00
      • Income & Expenses: Gross Annual Sch Inc 68400.00
      • Income & Expenses: Adjusted Gross Inc 68400.00
      • Legal Info: Range 4E
      • Legal Info: Lot Number 43
      • Total Parking Space 9.00
      • Number of Buildings 2
      • Electric Individual Meter,SRP
      • Exterior Amenities Fenced
      • Lot Size Dimensions 219' x 86'
      • Sewer Sewer - Public,Sewer-In & Connected
      • Water Individual Meter
    • Schools
      • Elementary School Flora Thew Elementary School
      • High School McClintock High School
      • Middle School Connolly Middle School
      • School District 213 - Tempe Union High School District

    Neighborhood

    85281 (Tempe) Demographics

    23 Median Age
    4,597 Population Density (per sq. mile)
    47% College Educated
    $31,921 Estimated Median Income
    4,529 Estimated Total Home Owners
    17,529 Estimated Total Renters
    21% / 79% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    61,382 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $301,000 Median Sales Price
    59 Homes Sold
    58 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        9/8/2020 12:00:00 AM Sold Source New Value: $949,900
        8/27/2020 4:53:53 PM Status Changed Source New Value: Pending

        About

        Matt Rivera

        Matt Rivera Regional Mortgage Manager

        Matt Rivera – Regional Mortgage Manager, Long Mortgage

        Matt Rivera has more than 18 years of experience in the lending industry. He has experience in a wide variety of positions vital to the originating, funding and eventual sale of residential mortgages.  Matt currently manages a team of Mortgage Consultants, Processors and Closer in multiple states. Matt is a native Tucsonan and a graduate of the University of Arizona’s Eller College of Management with a major in Finance.  

        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 1/27/2021 8:09:38 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.