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Back 405 West 7th Street
Off Market

405 West 7th Street

Tempe AZ 85281

3
2
8
1348 sq. ft.
11250 sq. ft.
Single-Family
Last sold for $560,000
Robert BobberRobert Bobber, last sold this property on 31 October 2023 after 345 days on market.

Overview

This is a Rare Investment and special chance for a developer to buy a extra large lot. Opportunity for developing a 4 plex! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & University and all it has to offer! Great potential for many different uses. Two existing structures A garage with water and sewer ran to it. Plus a 1982 3 bedroom house.City of Tempe confirms plans for a 6 plex submit for approva! Over1/4 acre 11250 plus sq ft lot! This property is in an Opportunity Zone in Tempe. 2 Parcels/Lots: 124-33-045 and 124-33-044

Features

3 bedrooms
2 bathrooms
8 carspaces
1 carport space
8 open car spaces
2 garage spaces
1348 sq. ft. floor area
11250 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Tempe over the last 12 months, the estimated median property value of 405 West 7th Street is $482.25k.

Median value
$482.25k
Estimated value range
$2.7k - $897.25k
Median days on market
55
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 405 West 7th Street

2023
Sold
$560,000
31 Oct 2023 by Robert Bobber, of West USA Realty

Happy sellers in Tempe

95%
95% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Tempe over the last 12 months.

Local market activity for 3 bedroom single-family properties in Tempe

In the last 12 months, 89 three-bedroom single-family properties similar to 405 West 7th Street, have been sold.

This represents a 2% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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