Rare Commercial/Residential opportunity located near Arizona State University and Downtown Tempe. Just 3 miles from the main ASU campus, this prime .41 acre property is zoned within the R-O district which allows new development at the residential level. This property is fully approved for 4, three story townhomes at 3375 square feet each. 4 car garages are optional and approved. Plans and approval are included in the purchase price. This project is shovel ready. Don't miss this rare opportunity to develop in a highly sought after location. Buy and start building now!
Sold for $400,000 on 09/12/23
$400,000
1878 E Southern Ave, Tempe, AZ 85282
--beds
--baths
0.41Acres
Land
Built in ----
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$1,756 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,756/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 9 hours ago
Listing updated: September 13, 2023 at 01:06am
Listed by:
Pete Baldwin 480-326-6521,
Platinum Realty Network
Bought with:
Lacey Lehman, SA563434000
Realty ONE Group
Source: ARMLS,MLS#: 6507976
Facts & features
Property
Features
- Fencing: Partial
Lot
- Size: 0.41 Acres
- Dimensions: 129 x 131
- Topography: Level
Details
- Additional structures: None
- Parcel number: 13334820
- Zoning: RO
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Location
- Region: Tempe
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2023 | Listing removed | -- |
Source:  ARMLS #6157484 | ||
| 9/12/2023 | Sold | $400,000-27.3% |
Source: ARMLS #6507976 | ||
| 8/29/2023 | Pending sale | $550,000 |
Source: ARMLS #6507976 | ||
| 8/11/2023 | Price change | $550,000-26.7% |
Source: ARMLS #6507976 | ||
| 6/16/2023 | Price change | $750,000+50.3% |
Source: ARMLS #6507976 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,605 +1.2% | $54,870 +46.5% |
| 2023 | $4,550 +3.8% | $37,443 -3.2% |
| 2022 | $4,382 +2.4% | $38,670 |
Find assessor info on the county website
Neighborhood: McClintock
Nearby schools
GreatSchools rating
- 3/10Curry Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Connolly Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10McClintock High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Tempe Elementary School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.