new - 2 days on rocket

1015 S Farmer Ave Unit 5, 6, 7, 8, Tempe, AZ, 85281

$2,400,000

0.65 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6782664
Lot Size0.65 Acres
StatusActive

About 1015 S Farmer Ave Unit 5, 6, 7, 8

**Lot 1015 is being sold along with 1021, 1027, & 1031 S Farmer Ave Tempe, AZ 85281 - parcel numbers include: 124-70-001A, 124-70-001, 124-70-002, and 124-70-003** Extremely Rare Tempe Redevelopment Opportunity! ± 28,500 SF of Land Zoned R-3 (Tempe), allowing Medium Density Multifamily Development by right. Situated 0.2 miles from ASU Main Campus; this is one of the largest sites not spoken for in this prime submarket. Please reach out for additional information.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: Olivia Guza

Lot Features

Lot Information:

  • Lot Size: 0.65 Acres

Other

Directions Information:

  • Directions: For best directions use maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
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Housing Market Comparison

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

Med. Sold Price

$475K

Med. Price/SqFt

$303

Avg. Days On Market

48

# of Sold Homes

120

1015 S Farmer Ave Unit 5, 6, 7, 8 vs Tempe

2 DAYS ON ROCKET

-46 Days

$2,400,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price 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: #6782664

Listing Office:

  • Office Name: Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: Olivia Guza

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: 11/13/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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.

Nearby Schools

school-card-donut-38488
3
/10
  • Scales Technology Academy

  • 1115 W 5th St

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-38489
2
/10
  • Holdeman Elementary School

  • 1326 W 18th St

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-38490
6
/10
  • Broadmor Elementary School

  • 311 E Aepli Dr

  • 1.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,445. Typical income of Tempe, AZ residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1015 S Farmer Ave Unit 5, 6, 7, 8

What is the listing price of this property?

The listing price of 1015 S Farmer Ave Unit 5, 6, 7, 8 property is $2,400,000.

What type of property is this?

The property 1015 S Farmer Ave Unit 5, 6, 7, 8 is land located in Tempe, Arizona, 85281.

Is this property for sale now?

Active Listing: 1015 S Farmer Ave Unit 5, 6, 7, 8 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1015 S Farmer Ave Unit 5, 6, 7, 8 is 0.65 acres.
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Rocket HomesArizonaMaricopa CountyTempe852811015 S Farmer Ave Unit 5, 6, 7, 8

This home is located at 1015 S Farmer Ave Unit 5, 6, 7, 8 in Tempe, AZ and zip code 85281 in the Maple Ash neighborhood. This home sits on a 0.65 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,400,000.

In October 2024 more than 17 listings in Tempe, AZ were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 73 were sold below. The inventory of homes for sale in Tempe, AZ between September 2024 and October 2024 increased by 11.6%. While the average time on the market in October 2024 was 48 days, the median list price was $475,000.

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

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