OFF_MARKETExcellent Deal7 days on market
2300 E CONCORDA Drive
2300 E CONCORDA Drive, Tempe, AZ 85282, Tempe, AZ 85282
2300 E CONCORDA Drive, Tempe, AZ 85282
Loc: Tempe, AZ
Days Listed
7
Tax Assessed
$460k
Zestimate®
$494k
Market Rate
Lot Size
9,618 sqft
Rent Estimate
$3,640/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Roosevelt Elementary School
PK-6
0.5 mi away
2
Carson Junior High School
7-9
2.7 mi away
3
Westwood High School
9-12
2.8 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.35%
Total ROI
26.4%
Cash Flow
$555/mo
DSCR
1.21
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-19 | Listing removed | $499,950 | $222 |
| 2026-05-06 | Price change | $499,950 | $222 |
| 2026-04-27 | Price change | $500,000 | $222 |
| 2026-02-27 | Listed for sale | $520,000 | $231 |
| 2025-12-04 | Listing removed | $550,000 | $244 |
| 2025-11-18 | Price change | $550,000 | $244 |
| 2025-11-06 | Price change | $570,000 | $253 |
| 2025-09-24 | Price change | $575,000 | $255 |
| 2025-08-04 | Listed for sale | $580,000 | $258 |
| 2025-07-09 | Listing removed | $650,000 | $289 |
| 2025-04-08 | Price change | $610,000 | $271 |
| 2025-02-14 | Price change | $622,900 | $277 |
| 2024-12-20 | Price change | $624,900 | $277 |
| 2024-12-13 | Price change | $629,900 | $280 |
| 2024-10-21 | Price change | $623,500 | $277 |
| 2024-10-11 | Price change | $624,000 | $277 |
| 2024-08-19 | Price change | $654,000 | $290 |
| 2024-06-16 | Price change | $654,900 | $291 |
| 2024-05-21 | Price change | $660,000 | $293 |
| 2024-05-13 | Listed for sale | $670,000 | $298 |
| 2023-12-13 | Listing removed | $0 | – |
| 2023-01-12 | Listing removed | $650,000 | $289 |
| 2022-08-03 | Price change | $650,000 | $289 |
| 2022-05-08 | Listed for sale | $670,000 | $298 |
| 2017-07-25 | Sold | $280,000 | $124 |
| 2008-07-29 | Sold | $203,750 | $90 |
| 2008-04-14 | Sold | $283,259 | $126 |
| 2006-11-03 | Sold | $330,000 | $147 |
| 2004-08-13 | Sold | $199,500 | $89 |
| 2003-04-29 | Sold | $176,000 | $78 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,049.02 | $45,960 |
| 2024 | $2,026.32 | $47,050 |
| 2023 | $2,027.74 | $18,856 |
| 2022 | $1,969.58 | $31,450 |
| 2021 | $1,938.64 | $28,330 |
| 2020 | $1,791.48 | $26,800 |
| 2019 | $1,737.8 | $25,370 |
| 2018 | $1,737.8 | $23,480 |
| 2017 | $1,678.9 | $22,670 |
| 2016 | $1,541.08 | $22,070 |
| 2015 | $1,584.62 | $19,100 |
| 2014 | $0 | $14,670 |
| 2013 | $0 | $11,050 |
| 2012 | $0 | $14,420 |
| 2011 | $0 | $16,420 |
| 2010 | $0 | $18,050 |
| 2009 | $0 | $21,470 |
| 2008 | $0 | $23,700 |
| 2007 | $0 | $20,400 |
| 2006 | $0 | $13,750 |
| 2005 | $0 | $13,750 |
| 2004 | $0 | $12,350 |
| 2003 | $0 | $12,350 |
| 2002 | $0 | $10,750 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $520,000Rent Basis: Observed Comp Model ($3,640/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $152/mo
Haven ScoreRisky
2/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
5.57%
NOI: $28,960/yr
Cash-on-Cash Yield
-2.9%
On $119,600 invested
DSCR Ratio
0.89x
Negative debt coverage
5-Yr Leveraged ROI
+79.9%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.62% of basis)-$237/mo
Homeowner / Hazard Insurance-$152/mo
Vacancy Reserve (5% of rent)-$182/mo
Repairs & Maintenance (10% of rent)-$364/mo
Property Management (8% of rent)-$291/mo
Total Pure Operating Expenses-$1,227/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,640/mo
Less: Operating Expenses-$1,227/mo
Net Operating Income (NOI)+$2,413/mo
Less: Debt Service (30yr @ 6.75%)-$2,698/mo
Net Cash Flow
$-285/mo
$-3,418/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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