1063 W 5TH Street # 1 Tempe, AZ ^$ 425,000

1063 W 5TH Street # 1

^$ 425,000

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1063 W 5TH Street # 1

Tempe, AZ, 85281

^$ 425,000

Studio Baths0.0

Monthly Estimate*

^$ 2,969

1063 W 5TH Street # 1, Tempe, AZ 85281 - Image 1

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Studio

Lots and Land for sale in Tempe, AZ

for $425,000. The lot size is 0.03.

If you're seeking a prime real estate opportunity in Tempe, Arizona, look no further than these four vacant parcels located in the R-3 zoning district. Situated just five minutes from downtown Tempe, this land offers a rare chance to capitalize on the city's vibrant urban atmosphere while enjoying the tranquility of a residential neighborhood. Subdivided for the possibility of 3 detached properties and a common area. The R-3 zoning designation allows for both single family and multi-family developments. Whether you're a developer looking to build a new community or an investor seeking to capitalize on Tempe's growing housing market, these parcels offer endless potential in one of Arizona's most dynamic cities.

Lots and Land Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 327

Style

Land

Lot Size

0.03

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6667908

Features

General

Sewer Sewer - Available

Development Status See Remarks Raw Land

Zoning R-3

Electric APS

Topography {u'Level': True}

Township 1N

Unit Number 1

Tax Year 2023

County Maricopa

Property Type Land

HOA / Comm Assn N

Subdivision Name TREBLE

Possible Use Single Family Multi-Family

Other Structures None

Special Listing Conditions N/A

Status Active

Directions On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.

High School Tempe High School

City Tempe

Buyer Agent Compensation 3.00

Disclosures Soil Test Seller Prop Disc Stm Boundary Survey Avlb Development Pln Aval

View Y/N N

High School District Tempe Union High School District

Lot Size Square Feet 10447.0

Carport Y/N N

Street Name 5TH

Elementary School Scales Technology Academy

Tax Annual Amount 327.0

Middle/Junior High School Geneva Epps Mosley Middle School

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 64

Standard Status Active

Elementary School District Tempe Elementary School District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 1

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Senior Community N

Exterior

Fencing Block

Lot Features Other See Remarks

Water Source City Franchise

Lot Size Area 0.03

Spa N

Lot Dimensions 50.01 x 208.94

Lot Size Acres 0.03

Road Surface Type Asphalt

Lot Size Units Acres

Number of Lots 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1063

* Excluded Features

List By

Lpt Realty, Llc

Broker

sumer@zabackgroup.com

Affordability Calculator

$2,996

Per Month

Monthly Principal & Interest: $2,969
Monthly Property Taxes: $27
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Tempe, AZ

Average List Price ^$966,800

Percent of Sale Price 127%

About Tempe, AZ

178,468 Population

13% Since 2002

^$52,533 Median Income

31.86 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327390 Elementary School

4327128 Middle School

Tempe High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$425,000	-5.56%	Price Down
2/23/2024	$450,000		Listed Price

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1063 W 5TH Street # 1, Tempe, AZ, 85281 is a Lots and Land for sale at $425,000 with a lot size of 0.03. 1063 W 5TH Street # 1 is a studio with 0.0 baths. The property's zip code is 85281 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1063 W 5TH Street # 1

Lots and Land for sale in Tempe, AZ

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