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Mortgage
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Sold for $855,000
Sold for $855,000
1117 E Spence Ave #- Tempe, AZ 85281
$855,000
CLOSEDBeds
Baths
Sqft
Acres
0.28
Year
Close Date
Sep 12, 2023
Property Type
Land
Sub Type
Date Listed
Jan 18, 2023
Description of 1117 E Spence Ave #-, Tempe, AZ 85281
Listing details for 1117 E Spence Ave #-, Tempe, AZ 85281 : BEST DEAL IN TEMPE. IGNORE DAYS ON THE MARKET. PROJECT GOT FULLY APPROVED FOR CONSTRUCTION FEW MONTHS AGO. LOCATION, LOCATION, LOCATION, plus located in Tempe Opportunity Zone. Entitlements are issued and approved and project is ready to build. This project aims to construct 6 townhomes with an average size of over 2000 square feet. The design will feature modern amenities, efficient features and an attractive aesthetic to appeal to the target market. This parcel is located within walking distance from Arizona State University. The demand for newer and modern townhomes in Tempe is particularly high due to limited inventory in the area. This size new units in Tempe are selling between $700k-$800K. This is an amazing project for someone to build and make huge profit.
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Listing Updated : 11-01-2026 at 7:17 AM MST
Listing Provided By : M Shahbaz Khan, 480-777-4500, Realty ONE Group
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6509255
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$1,075,000
MLS #ID
6509255
Close Price
$855,000
Close Date
Sep 12, 2023
Bedrooms
Bathrooms
Square Footage
Acres
0.28
Year
Days on Site
199 Days
Property Type
Land
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jan 18, 2023
Location
Street Address
1117 E Spence Ave #-
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From Rural and Apache, Go south on Rural, East on Spence. Property is on the right Side.
Schools
Elementary School
Middle School
High School
Construction / Architecture
New Construction
No
Price per Sq Ft
$0
Lot Size (Sq Ft)
13,000
Lot Size (Acres)
0.28
Lot Dimensions
100x130
Zoning
R-4
Interior Details
Fireplace
No
Heating
None
Cooling
None
Exterior Details
Garage
No
Fencing
None
Sewer
Public Sewer
Taxes, HOA & Financing
Annual Property Tax
$2,100.00
HOA Fee Includes
None
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Property History
DateEventPrice
9/12/2023
Sold
$855,000 -20.5%
Source:ARMLS #6509255
ARMLS #6509255 1/18/2023
Listed for sale
$1,075,000 +225.8%
Source:ARMLS #6509255
ARMLS #6509255 6/23/2017
Sold
$330,000 -8.3%
Source:ARMLS #5541281
ARMLS #5541281 1/3/2017
Listed for sale
$360,000
Source:ARMLS #5541281
ARMLS #5541281Location of 1117 E Spence Ave #-, Tempe, AZ 85281
Streetview of 1117 E Spence Ave #-, Tempe, AZ 85281
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Schools Near 1117 E Spence Ave #-, Tempe, AZ 85281
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