new - 3 days on rocket

2227 E Mcarthur Dr -, Unit Tempe, AZ, 85288

$2,236,355

0.93 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #6785212
Lot Size0.93 Acres
StatusActive

About 2227 E Mcarthur Dr -

For sale +/- .933 acre infill site near the NEC of the Loop 101 Freeway and E. Apache Boulevard, Tempe, Arizona. The site is conveniently located off the Valley Metro light rail line with a transit stop +/- 600 feet to the east of the property. 2050 General Plan designates site as Mixed-Use High Density, which permits up to 65 dwelling units/acre. The parcel is within a federally designated Difficult to Develop (DDA) and Qualified Census Tract (QCT). The property is located within the City of Tempe's Transit Oriented District (TOD) and must conform to the district's requirements. Easy Access to Major Business Hubs, Shopping, Restaurants, Sports Facilities and Sky Harbor International Airport. All utilities to be verified by the buyer during due diligence.

Property Details

Property Features

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (602) 687-6700
  • Listing Agent: Michael Edward Farrar

Lot Features

Lot Information:

  • Lot Size: 0.93 Acres

Other

Directions Information:

  • Directions: This property is conveniently located off the Loop 101 and minutes from the Loop 202 & Route 60 freeways and ASU Campus. The site offers convenient access to Phoenix Sky Harbor International.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,236,355
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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

2227 E Mcarthur Dr - vs Tempe

3 DAYS ON ROCKET

-45 Days

$2,236,355

+$1.7M More

KEY TAKEAWAY

This property is $1.7M 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: #6785212

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (602) 687-6700
  • Listing Agent: Michael Edward Farrar

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: 11/20/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,771

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NMLS#3030

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-159804
2
/10
  • Thew Elementary School

  • 2130 E Howe Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-159805
3
/10
  • Curry Elementary School

  • 1974 E Meadow Dr

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-159806
2
/10
  • Webster Elementary School

  • 202 N Sycamore

  • 1.14 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,800. The majority of Tempe, AZ residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2227 E Mcarthur Dr -

What is the listing price of this property?

The listing price of 2227 E Mcarthur Dr - property is $2,236,355.

What type of property is this?

The property 2227 E Mcarthur Dr - is land located in Unit Tempe, Arizona, 85288.

Is this property for sale now?

Active Listing: 2227 E Mcarthur Dr - is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2227 E Mcarthur Dr - is 0.93 acres.
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Rocket HomesArizonaMaricopa CountyTempe852882227 E Mcarthur Dr -

This home is located at 2227 E Mcarthur Dr - in Unit Tempe, AZ and zip code 85288 in the Victory Acres neighborhood. This home sits on a 0.93 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $2,236,355.

While more than 17 listings in Tempe, AZ in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 73 were sold below. Between September 2024 and October 2024, Tempe, AZ real estate market has seen increase in the number of listings 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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