702 E DESERT PARK Lane
Listing Price
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.
Nearby Schools
Educational options and performance ratings in the area.
Madison Richard Simis School
Madison Meadows School
North High School
Phoenix, AZ Investment Analysis (2026)
Cap Rate: 4.08% · Median Rent: $2,450/mo · Effective Tax: 0.62%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $227/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Phoenix
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $699,000 | $376 |
| 2024-05-30 | Sold | $625,000 | $336 |
| 2024-05-06 | Pending sale | $634,900 | $341 |
| 2024-04-23 | Price change | $634,900 | $341 |
| 2024-04-08 | Price change | $644,900 | $347 |
| 2024-01-23 | Price change | $649,900 | $349 |
| 2023-11-14 | Price change | $664,900 | $357 |
| 2023-11-01 | Price change | $674,900 | $363 |
| 2023-10-26 | Price change | $684,900 | $368 |
| 2023-10-07 | Listed for sale | $699,900 | $376 |
| 2021-03-04 | Sold | $550,000 | $296 |
| 2021-01-09 | Price change | $565,000 | $304 |
| 2020-12-27 | Listed for sale | $575,000 | $309 |
| 2020-03-25 | Sold | $355,000 | $191 |
| 2020-03-10 | Pending sale | $369,000 | $198 |
| 2020-02-14 | Listed for sale | $369,000 | $198 |
| 2020-02-12 | Pending sale | $369,000 | $198 |
| 2020-02-10 | Listed for sale | $369,000 | $198 |
| 1996-07-19 | Sold | $107,000 | $58 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,595.38 | $48,000 |
| 2024 | $2,467.66 | $48,060 |
| 2023 | $2,396.06 | $20,529 |
| 2022 | $2,319.2 | $33,230 |
| 2021 | $2,635.58 | $29,970 |
| 2020 | $2,275.28 | $28,100 |
| 2019 | $2,215.46 | $25,800 |
| 2018 | $2,215.46 | $24,710 |
| 2017 | $2,103.28 | $23,420 |
| 2016 | $1,886.14 | $21,980 |
| 2015 | $1,814.18 | $19,710 |
| 2014 | $0 | $15,010 |
| 2013 | $0 | $12,030 |
| 2012 | $0 | $13,320 |
| 2011 | $0 | $14,730 |
| 2010 | $0 | $19,720 |
| 2009 | $0 | $26,720 |
| 2008 | $0 | $29,950 |
| 2007 | $0 | $25,850 |
| 2006 | $0 | $16,450 |
| 2005 | $0 | $16,450 |
| 2004 | $0 | $16,850 |
| 2003 | $0 | $16,850 |
| 2002 | $0 | $13,300 |
Similar Properties Nearby
Explore other investment opportunities in Phoenix.