402 W 7TH Street, Tempe, AZ 85281 (MLS# 5006601)

402 W 7TH Street, Tempe, AZ 85281

$245,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,510 Lot Size (sq. ft.): 11,300 Status: Closed

Current Price: $245,000 Last Modified: 12/21/2025

Description

Great opportunity for INVESTORS!!! Options are limitless with this property. Light remodel of the property provides dual income onsite. 3/1 and a separate but attached studio with bathroom, each with their own private yard. Value in the land and owner has attached site plan in pictures and available 2-story plans with roof-top decks. Redevelopment opportunity with this rare piece of land that is already zoned multifamily. Lot is zoned currently for 4 condos with a max height of 33 feet.

More Information MLS# 5006601

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $245,000 Status: Closed Current Price: $245,000 List Date: 2013-09-30

Location, Tax & Legal

Assessor's Map #: 33 Legal Description (Abbrev): ORTH SUB Assessor's Parcel #: 34 Tax Municipality: Tempe Taxes: 1633 Map Code/Grid: R34 House Number: 402 Compass: W Street Name: 7TH St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 2716 County Code: Maricopa Assessor Number: 124-33-034 Subdivision: Ortho Sub Tax Year: 2012

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 1510 Price/SqFt: 162.25 Approx Lot SqFt: 11300 Horses: N Builder Name: Unknown Elementary School District: Tempe Elementary School District Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 2 Year Built: 1955

Legal Info

Range: 4E Section: 16 Township: 1N Lot Number: 15

Special Listing Cond

N/A: 1

Construction

Brick: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 0

Architecture

Ranch: 1

Master Bathroom

None: 1

Flooring

Linoleum: 1

Dining Area

Dining in FR: 1

Heating

Electric: 1

Kitchen Features

Disposal: 1 Gas Oven: 1 Gas Range: 1 Gas Cooktop: 1

Cooling

Central Air: 1 Window/Wall Unit: 1

Interior Features

Fix-Up Needs Repair: 1

Laundry

Washer Hookup: 1

Basement

Basement Y/N: N

Basement Description

None: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Pre-Wire Sat Dish: 1

Fencing

Chain Link: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Covered Patio(s): 1 Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 0

New Financing

Cash: 1 1031 Exchange: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Grass Front: 1 Grass Back: 1

Services

City Services: 1

Unit Style

All on One Level: 1

Disclosures

Other (See Remarks): 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Mill and University Directions: From Mill and university go east until Farmer. Turn right (north) on farmer and left (west) on 7th. House is on the corner of 7th/Farmer. Geo Lat: 33.423409 Geo Lon: -111.944515

Status Change Info

Off Market Date: 2013-12-13 Under Contract Date: 2013-11-01 Close of Escrow Date: 2013-12-13 Sold Price: $245,000

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: None Flooring: Linoleum Spa: None Dining Area: Dining in FR Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal Laundry: Washer Hookup Basement Description: None Interior Features: Fix-Up Needs Repair Technology: Pre-Wire Sat Dish Exterior Features: Covered Patio(s); Separate Guest House; Storage Construction: Brick Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Window/Wall Unit Heating: Electric Plumbing: Gas Hot Water Heater Utilities: SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Chain Link Landscaping: Grass Front; Grass Back Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; 1031 Exchange Disclosures: Other (See Remarks)

Listing Office: Keller Williams Realty Biltmore Partners

Last Updated: December - 21 - 2025