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912 E Weber Drive, Tempe, AZ 85288
$495,000
912 E Weber Drive, Tempe, AZ 85288View this property at 912 E Weber Drive, Tempe, AZ 85288
912 E Weber DriveTempeAZ85288
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Property Description
Investors DREAM property!! Location, Location, Location!! RARE R2 Zoning!! So, you can add a ADU per code for additional income if you want! Current tenants are renting the main house (west 3/4 of the of the home) and the adjacent studio apartment (east 1/4 of the home) for $2k/mo, which is slightly below the market rate. Current tenants' relative lives in the studio (which currently has no bathroom, so they use the main home bathroom) and that's why it is listed as a 4 bed/1 bath. LESS than a mile to Hwy 202 & Tempe Town Lake! A GREAT BUY & HOLD INVESTMENT to collect cashflow and to be in a HIGH GROWTH area! Highest and best use is to: add a bathroom to the east side studio (see captions on photos for info) and then rent the main house (est $1.8k/mo) and the studio separately (est $ 1k/mo) and/or build a separate rental property in the backyard, check with City for full info. Home was cosmetically remodeled in Jan 2021. Home is the first home on the North side of Weber Dr off Scottsdale Rd., directly next to the convenience store with the newer Best Western Hotel located directly behind the home. Tax records indicate the hotel recently sold for $20m in Nov 2023; and the tax value for the apartment complex to be around $100m; and the Del Taco across from this property sold for nearly $4m in 2022; etc. Drive by ONLY - do NOT disturb the tenants, thank you.
Full Property Details
Full Property Details for 912 E Weber Dr
General
- Price: $495,000
- Taxes: $1,303 (2023)
- Status: Under Contract
- Type: Duplex
- MLS ID: 6634148
- Updated: 3/25/2024
- Added to Site: 143 day(s) ago
Interior
- Flooring: Ceramic Tile, Vinyl
Parking
- Total Spaces: 4
- Parking Features: Paved Parking, RV/Boat Parking, Street Parking
Location
- County: Maricopa
- Township: 1N
- Subdivision: Tempe North
- Cross Streets: Scottsdale Rd & Weber Dr
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Electric
- Heating Type: Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Brick Veneer, Painted, Stucco, Block, Frame - Wood
- Roof: Composition
- Year Built: 1957
Lot Features
- Lot Dimensions: 64 x 116
- Frontage: Asphalt, Curbs and Gutters
- Zoning: R2
Financial Considerations
- Tax Amount: $1,303
- Tax Year: 2023
- Terms: CTL, Conventional, 1031 Exchange, VA Loan
- Owner Pays: None
- Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Legal Description: LOT 2 POWELL PLACE MCR 005642
- Property ID: 132-11-002
- Range: 4E
- Section: 11
- Lot Number: 2
Listed by Windermere Real Estate & Property Management
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Schools
Schools serving 912 E Weber Dr
School Districts:Tempe School District, Tempe Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1500 N Scovel St, Tempe, AZ 85281 | K-8 | 0.3 mi | |
1830 E Del Rio Dr, Tempe, AZ 85282 | 9-12 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 912 E Weber Dr
Date
Details
Price
Change
Source
12/14/2023
Listed
$495,000
68.94%
MLS
8/10/2020
Sold
$293,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 912 E Weber Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,303
4%
$33,300
24%
2022
$1,250
—
$26,920
46%
2022
$1,250
-1%
$18,470
9%
2021
$1,259
19%
$16,870
5%
2020
$1,061
2%
$16,100
3%
2019
$1,040
3%
$15,650
5%
2018
$1,012
3%
$14,850
12%
2017
$981
1%
$13,250
17%
2016
$976
3%
$11,320
20%
2015
$944
-4%
$9,420
16%
2014
$986
17%
$8,130
30%
2013
$844
—
$6,260
—
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 912 E Weber Dr
912 E Weber Drive, Tempe, AZ 85288 (MLS# 6634148) is a Duplex property with 0 bedrooms and 0 full bathrooms. 912 E Weber Drive is currently listed for $495,000 and was received on December 14, 2023. Want to learn more about 912 E Weber Drive? Do you have questions about finding other Duplex real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.