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Sold on 09/13/2023

1117 E Spence Ave #-, Tempe, AZ 85281

  • $855,000

    Last sold 09/13/2023 after 238 Days

  • —

    bed

  • —

    bath

  • 0.3

    Acre ($2.86M/Acre)

Lot/Land not for sale
11 homes bought nearby with Movoto recently

About 1117 E Spence Ave #-

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 0.3 Acre
Property description
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.
Listed by
Listing Agent - M Shahbaz Khan
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#6509255 • last updated 1 year ago
Movoto checked ARMLS for data 9 minutes ago
Overview
MLS # 6509255
Type Land
Status Closed
Lot Size (Acres) 0.28
Lot Size (Sqft) 13000
Property Tax 2100
Interior
Amenities / Utilities
Sewer/Septic Public Sewer
Location
Subdivision HALSINGBORG
Elementary School Tempe Academy Of International Studies McKemy Campus
Elementary School District Tempe Elementary School District
Middle School Tempe High School
High School Tempe High School
APN 133-09-019-A
Zoning R-4
Directions From Rural And Apache, Go South On Rural, East On Spence. Property Is On The Right Side.
Lot/ Land Details
Possible Use Multi-Family
We are not permitted to show value estimates for this property.
  • Sep 2023
    mls logo MLS # 6509255
  • Sep 13, 2023 Sold
    $855,000 (-20.5%)
  • Aug 10, 2023 Pending
    —
  • Jan 18, 2023 Listed
    $1,075,000 (-10.0%)
  • Oct 2022
    mls logo MLS # 6328089
  • Oct 14, 2022 Price Change
    $1,195,000 (-4.4%)
  • Sep 30, 2022 Price Change
    $1,250,000 (-10.4%)
  • May 30, 2022 Price Change
    $1,395,000 (+7.7%)
  • Dec 3, 2021 Listed
    $1,295,000 (+8.4%)
  • Apr 2021
    mls logo MLS # 6215241
  • Apr 1, 2021 Listed
    $1,195,000 (+49.6%)
  • Apr 2020
    mls logo MLS # 5988859
  • Apr 2, 2020 Listed
    $799,000 (+142.1%)
  • Jun 2017
    mls logo MLS # 5541281
  • Jun 16, 2017 Sold
    $330,000 (-4.3%)
  • Jan 3, 2017 Listed
    $345,000
  • 1117 E Spence Ave #-
    $855K
  • Downtown Tempe - Rio Salado
    $465K -8% y/y
  • 85281
    $450K -8% y/y
  • Tempe
    $479K -4% y/y
No chart available
Statistics calculated by Movoto

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3/10
Curry Elementary School
public Grades K-5
Tempe School District
4/10
Connolly Middle School
public Grades 6-8
Tempe School District
5/10
McClintock High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Downtown Tempe - Rio Salado
  • 1117 E Spence Ave #-
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