2 months on rocket

Sale Pending

1224 E Spence Ave, Tempe, AZ, 85281

$523,000

Home List Price

$6,211*

Closing Credit

2 Bedrooms
1 Bath
1,300 SqFt
$402/SqFt
House
Schools Nearby

Location

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1224 E Spence Ave, Tempe$523,000

Buyer Closing Credits

$6,211*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, RV Gate, RV Access/Parking
Year Built1953
HeatingNatural Gas
CoolingCeiling Fan(s)
FireplaceNone
MLS #6659947
Lot Size0.20 Acres
StatusSale Pending

About 1224 E Spence Ave

Walking distance from ASU and public transportation! This home sits on a massive multi-family lot with development potential, split the lot into 3 separate parcels or build up to five units! Originally built as a two-bedroom, two huge bonus rooms have been enclosed from the 1950s drive-thru carport. They can be utilized as bedrooms or converted back into a garage. The spacious backyard is an entertainer's dream complete with mature trees and a large storage shed. Properties like this rarely come on the market, don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: West USA Realty
  • Office Phone: (602) 942-4200
  • Listing Agent: Josiah Miller

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Wood
  • Interior: Master Downstairs, Eat-in Kitchen, High Speed Internet, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage

Parking Information:

  • Parking: Attch'd Gar Cabinets, RV Gate, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Desert Front, Desert Back
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Connolly Middle School, Public District Grades 6-8
  • Ward Traditional Academy, Public District Grades KG-8
  • Curry Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take S Rural RD to E Spence Avenue and turn East. The property is one block East of S Terrace RD.

Price Information

Listing Price Info

Price Summary:

  • List Price: $523,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $750
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$464.9K

Med. Price/SqFt

$299

Avg. Days On Market

51

# of Sold Homes

105

1224 E Spence Ave vs Tempe

74 DAYS ON ROCKET

+23 Days

$523,000

+$58K More

$402/SqFt

+$102 More

KEY TAKEAWAY

This property is $58K more than the Median Sold Price and $102/SqFt more than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6659947

Listing Office:

  • Office Name: West USA Realty
  • Office Phone: (602) 942-4200
  • Listing Agent: Josiah Miller

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$750$17,230
2020$725$14,460
2019$692$12,680
2017$199$9,350

History based on county public records data.

Payment Calculator

$2,678

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,634

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3069922
4
/10

  • Curry Elementary School

  • 1974 E Meadow Dr

  • 1.25 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3069923
5
/10

  • Connolly Middle School

  • 2002 E Concorda Dr

  • 1.27 miles

  • Public District Grades 6-8

school-card-donut-3069924
8
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 2.08 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,929. Typical income of Tempe, AZ residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1224 E Spence Ave

What is the listing price of this property?

The listing price of 1224 E Spence Ave property is $523,000.

What type of property is this?

The property 1224 E Spence Ave is a house located in Tempe, Arizona, 85281.

Is this property for sale now?

Sale Pending: 1224 E Spence Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1224 E Spence Ave are:
Curry Elementary School: GreatSchools Rating 4/10
Connolly Middle School: GreatSchools Rating 5/10
Ward Traditional Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $750 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1224 E Spence Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1224 E Spence Ave is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1224 E Spence Ave is 1953.

Rocket Homes›Arizona›Maricopa County›Tempe›85281›1224 E Spence Ave

This home is located at 1224 E Spence Ave in Tempe, AZ and zip code 85281. This 1,300 square foot home, which was built in 1953, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $523,000.

Over 16 listings were sold over their listed price in March 2024 in Tempe, AZ. In the same period over 53 listings were sold below the listed price and 36 listings were sold for the listed price. In March 2024 in Tempe, AZ there were 0.3% more homes for sale than in February 2024. In March 2024 median list price was $464,944 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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