602 W 5th St, Tempe, AZ 85281

7,405 sqft

Sold: $70,000
Sold on 01/09/13

My Notes

Edit
In a neighborhood ripe with redevelopment, this lot is located less than .5 miles from the center of Mill Ave. Perfect for the investor looking to build a long-term rental blocks from ASU or for the investor looking to hold and redevelop in the future. Lot has an existing structure on the property that is most likely a tear-down. Fence surrounding existing structure. Please contact listing agent for showing availability. Also listed in Residential, MLS #5079400

Facts

  • Views: 1,608 all time views
  • Last sold: Jan 2013 for $70,000

    Additional Features

    • Apx Total Acres G/N \ N, Development Status \ Raw Land, Electric \ APS, Elementary School \ Scales, Fencing \ Chain Link, For Sale or Lease? \ Sale, Gas \ SW Gas, High School \ Tempe, Jr. High School \ Scales, Land Configuration \ Square Rectangular, Land Features \ North/South Exp, New Financing \ Cash, New Financing \ Owner May Lease Land, Parcel Size \ .0 - .24 Acres, Potential Use \ Multi-Family, Sewer \ Sewer - Public, State/Province \ AZ, Status - Contingent \ UCB (Under Contract-Backups), Tax Municipality \ Tempe, Water \ City Franchise, Zoned Presently \ Multi-Family, Zoned Presently \ Single Family

    Other

    • Parcel #: 12431023A
    • Zillow Home ID: 7556102

    Zestimate Details

    Zestimate
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    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,148/mo
    +$25 Last 30 days
    $861
    $1.7K
    Zestimate range

    Popularity on Zillow

    1,608 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $93K-1.02M.

    $80K
    $1.03M

    Neighborhood

    Market guide

    Zillow predicts 85281 home values will increase 4.7% next year, compared to a 4.3% rise for Tempe as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In 85281, the number of foreclosures waiting to be sold is 58.9% higher than in Tempe, and 172.4% greater than the national average. This higher local number may prevent 85281 home values from rising as quickly as other regions in Tempe.

    Learn more about forecast calculations or 85281 home values.
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      Nearby Schools in Tempe

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org