Date
Details
Price
Change
Source
7/07/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$425,000 Just Listed
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Property Description
This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.
Full Property Details
Full Property Details for 1015 S Farmer Ave #5
General
- Price: $425,000
- Taxes: $2,033 (225)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7050834
- Updated: 7/7/2026
- Added to Site: 2 day(s) ago
Location
- County: Maricopa
- Subdivision: FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
- Cross Streets: Farmer Avenue & 10th Street
- Total Lots Available: 1
Utilities
- Dist. to Gas: Under 350 Feet
- Dist. to Electric: Under 350 Feet
- Dist. to Sewer: Under 350 Feet
- Water: Domestic Well
- Dist. to Water: Under 350 Feet
- Well: Yes
- Dist. to Telecomm: Under 350 Feet
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,125
- Lot Dimensions: 143' x 51'
- Frontage: Asphalt, Curbs and Gutters, Sidewalk(s)
- Development Status: Raw Land
- Zoning: R-3
Financial Considerations
- Tax Amount: $2,033.6
- Tax Year: 225
- Terms: Owner May Carry, Cash, Seller Approve Terms, Conventional
Disclosures and Reports
- Property ID: 124-70-001-A
- Lot Number: 5
Listed by Levrose Real Estate
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Listing agent
— 1015 S Farmer Ave #5 —
Levrose Real Estate
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Schools
Schools serving 1015 S Farmer Ave #5
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Holdeman Elementary School 1326 West 18th Street, Tempe, AZ 85281 | K-5 | 1 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.6 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1015 S Farmer Ave #5
Tax History
Tax History for 1015 S Farmer Ave #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,176
7%
$44,020
6%
2024
$2,034
1%
$41,420
-8%
2023
$2,009
4%
$44,960
5%
2022
$1,927
—
$42,960
26%
2022
$1,927
-1%
$34,050
14%
2021
$1,941
3%
$29,870
10%
2020
$1,882
2%
$27,150
26%
2019
$1,846
3%
$21,630
3%
2018
$1,800
3%
$20,930
12%
2017
$1,747
1%
$18,650
-2%
2016
$1,734
4%
$19,110
17%
2015
$1,666
-4%
$16,320
26%
2014
$1,736
18%
$12,910
34%
2013
$1,468
—
$9,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1015 S Farmer Ave #5
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1015 S Farmer Avenue #5, Tempe, AZ 85281 (MLS# 7050834) is a Lots/Land property with a lot size of 0.16 acres. 1015 S Farmer Avenue #5 is currently listed for $425,000 and was received on July 07, 2026. Want to learn more about 1015 S Farmer Avenue #5? Do you have questions about finding other Lots/Land real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.