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1114 S Farmer Avenue

Tempe, AZ 85281

$490,000

2299 sqft

5 Bedrooms

3 Bathrooms

0 Garages


Description

Perfect Investment Opportunity - Two homes on one lot. Property qualifies for FHA financing. Live in one house, and the lease payments on the second house will practically pay the entire mortgage for both houses. Great location; 1/2 mile from downtown Tempe & ASU. Details relating to both houses are identified in ''Home Facts''. Specific details for each house are attached with the Photos. Additional information is as follows; The front house 1114 built in 1945, is occupied, and can be viewed by appointment. The back house 1116 built in 2016, is move-in-ready, and can be viewed upon request.




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Details
Contract Information
List Price: 490000
Current Price: 490000
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: R37
House Number: 1114
Compass: S
Street Name: Farmer
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5504
Country: USA
County Code: Maricopa
Assessor Number: 124-70-068
Subdivision: Val Verde
Taxes: 1123
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 5
# Bathrooms: 3
Approx SQFT: 2299
Price/SqFt: 213.14
Approx SqFt Range: 2,251 - 2,500
Horses: N
Builder Name: Custom
Year Built: 1945
Approx Lot SqFt: 6500
Apx Lot Size Range: 1 - 7,500
Pool: None
Elementary School: Holdeman Elementary School
Jr. High School: Gililland Middle School
High School: Tempe High School
Elem School Dist #: 003 - Tempe School District
High School Dist #: 213 - Tempe Union High School District
Remarks & Misc
Geo Lat: 33.41722
Geo Lon: -111.944551
Status Change Info
Status: Active
Status Change Date: 2017-03-22
Legal Info
Lot Number: 7
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Impv/Impt Fee$/%: $
Cap Impv/ImptFee2$/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Floor Yr Updated: 2011
Floor Partial/Full: Full
Wiring Yr Updated: 2011
Wiring Partial/Full: Partial
Plmbg Yr Updated: 2011
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2011
Ht/Cool Partial/Full: Partial
Roof Yr Updated: 2011
Roof Partial/Full: Partial
Kitchen Yr Updated: 2011
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2011
Bath(s) Partial/Full: Partial
Parking Spaces
Slab Parking Spaces: 4
Property Features
Special Listing Cond: Exclusions (SeeRmks)
Add'l Property Use: Other (See Remarks)
Master Bathroom: Other (See Remarks)
Master Bedroom: Downstairs
Fireplace: No Fireplace
Flooring: Concrete; Laminate; Tile
Windows: Dual Pane
Pool - Private: No Pool
Spa: None
Community Features: Historic District; Near Bus Stop
Dining Area: Eat-in Kitchen
Kitchen Features: Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Countertops; Non-laminate Counter
Laundry: Stacked Washer/Dryer; Wshr/Dry HookUp Only; Upstairs Laundry
Other Rooms: Guest Qtrs-Sep Entrn
Features: Vaulted Ceiling(s)
Accessibility Feat.: Hard/Low Nap Floors; Mltpl Entries/Exits
Technology: Pre-Wire Sat Dish; Cable TV Avail
Exterior Features: Patio; Covered Patio(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Rear Vehicle Entry
Construction: Block; Frame - Wood
Const - Finish: Painted; Siding; Other (See Remarks)
Roofing: Comp Shingle; Metal
Cooling: Refrigeration
Heating: Electric Heat; Gas Heat
Plumbing: Gas Hot Water Heater
Energy/Green Feature: Fresh Air Mechanical
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Other (See Remarks)
Property Description: Alley
Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back
Possession: By Agreement
Unit Style: Two Levels; Street Facing
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req

Listing Office: United Southwest Realty

Last Updated: April - 11 - 2017

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Wednesday 26th of April 2017 07:27 PM