1106 WEBER Drive $7,450,000

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    1106 WEBER Drive Tempe, AZ 85281

    Closed
    SOLD 12/31/2019

    $7,450,000

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 5954603
    Favorite Share
    Views: 381 Days On Market: 220

    Property Details

    Like the coveted town in Orange County, The Newport is created to be a lifestyle community combining the relaxed, connective vibe of the people with the modern, urban architecture found in coastal California. Upon arriving at The Newport, one will notice the clean-lined architectural design, replete with great articulation, varied materials including corrugated metal, cementitious wood, and smooth stucco that blend artistically to remind you that Tempe is a changin'. The interiors are an eclectic mix of mid-century modern that allow you an embracing and warm feel, or chic, minimalist modern California beach house. The community boasts SRP GoldStar rating for the highest in energy efficiency.

    • General Features
      • Assessor Book # 132.00
      • Assessor Map # 10.00
      • Assessor Number 132-10-113
      • Assessor Parcel # 113.00
      • Community Amenities Pool(s), Spa(s), Clubhouse, Exercise Room, Game/Rec Room, Sport Court(s)
      • County Maricopa
      • Covered Parking Spcs 17.00
      • Gas City Gas
      • List Date 2019-07-18
      • Marketing Name The Newport
      • New Financing Conventional, Other (See Remarks)
      • Off Market Date 2019-09-23
      • Parking Garage, >1 Space Per Unit, Attached
      • Project Type 13 - 24 Units
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Subdivision NEWPORT AT TEMPE
      • Tax Municipality Maricopa - COUNTY
      • Tax Year 2018
      • Taxes $57,000
      • Total Units 17.00
      • Type ER
      • Uncvrd Parking Spcs 0.00
      • Unit # 1033
      • Year Built 2017
      • Zoning R1-Pad
    • Building Features
      • Construction Frame - Wood
      • Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
      • Floors Carpet, Ceramic Tile
      • Cooling Central A/C, Electric Refrigeratd, Individual
      • Heating Electric, Individual, Ceiling Fan(s)
      • Interior Amenities Furnished, Fire Sprinklers, Fire/Smoke Alarm(s)
    • Room Features
      • # 1 Bedroom Units 0
      • 1 Bedroom Units: Avg Rent 0.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 0
      • # 2 Bedroom Units 1
      • 2 Bedroom Units: # Baths 4
      • 2 Bedroom Units: Avg Rent 3050.00
      • 2 Bedroom Units: Avg SqFt 1702
      • # 3 Bedroom Units 16
      • 3 Bedroom Units: Avg SqFt 1737
      • 3 Bedrooms Units: # Baths 4
      • 3 Bedrooms Units: Avg Rent 3050.00
      • # 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 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 11
      • Tenant Pays Water, Sewer, Electric, Trash, Cable TV
      • Ownership Fee Simple
      • Owner Pays Gas, Landscaping, Pool/Spa Maintenance
      • Income & Expenses: Net Operating Income 478256.00
      • Income & Expenses: Gross Annual Sch Inc 616800.00
      • Income & Expenses: Adjusted Gross Inc 616800.00
      • Legal Info: Range 4E
      • Legal Info: Lot Number 2
      • Total Parking Space 17.00
      • Number of Buildings 17
      • Electric Individual Meter, SRP
      • Exterior Amenities Landscape Wtr System, Patio/Balcony
      • Lot Size Dimensions 2.30
      • Sewer Sewer - Public
      • Water City Franchise, Individual Meter
    • Schools
      • 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

    $285,000 Median Sales Price
    48 Homes Sold
    56 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        12/31/2019 12:00:00 AM Sold Source New Value: $7,450,000
        9/23/2019 9:24:14 AM Status Changed Source New Value: Pending

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/25/2020 11:14:15 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.