For SaleNeutral Deal175 days on market
1217 E WATSON Drive
1217 E WATSON Drive, Tempe, AZ 85283, Tempe, AZ 85283
$575,000
Listing Price
1217 E WATSON Drive, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
175
Tax Assessed
$432k
Lot Size
8,690 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Rover Elementary School
PK-8
0.1 mi away
5
Marcos De Niza High School
9-12
0.3 mi away
2
Fees College Preparatory Middle School
6-8
0.2 mi away
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
modern farmhouseopen conceptgranite countertopskitchen islandstainless steel applianceswhite shaker cabinetswood plank tile flooringpendant lightingundermount sinkbright and airycontemporaryinteriors
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.58%
Total ROI
101.8%
Cash Flow
$167/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $167/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Tempe
Considerations
- • 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 |
|---|---|---|---|
| 2026-09-15 | Price change | $575,000 | $280 |
| 2026-09-12 | Price change | $599,000 | $292 |
| 2026-08-16 | Price change | $610,000 | $297 |
| 2026-08-03 | Listed for sale | $625,000 | $305 |
| 2026-07-25 | Pending sale | $625,000 | $305 |
| 2026-07-19 | Price change | $625,000 | $305 |
| 2026-06-18 | Price change | $649,000 | $316 |
| 2026-05-28 | Price change | $650,000 | $317 |
| 2026-04-14 | Price change | $675,000 | $329 |
| 2026-03-26 | Listed for sale | $699,000 | $341 |
| 2015-03-20 | Sold | $289,000 | $141 |
| 2015-02-27 | Listing removed | $2,250 | $1 |
| 2015-02-25 | Listed for rent | $2,250 | $1 |
| 2014-10-27 | Sold | $215,000 | $105 |
| 2014-10-12 | Price change | $219,900 | $107 |
| 2014-09-17 | Listed for sale | $236,500 | $115 |
| 2014-06-30 | Sold | $233,137 | $114 |
| 1999-11-10 | Sold | $159,900 | $78 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,058.78 | $43,220 |
| 2024 | $2,841.06 | $46,800 |
| 2023 | $2,806.64 | $26,740 |
| 2022 | $2,693.24 | $32,350 |
| 2021 | $2,655.02 | $30,180 |
| 2020 | $2,604.04 | $27,510 |
| 2019 | $2,534.02 | $25,460 |
| 2018 | $2,534.02 | $23,600 |
| 2017 | $2,455.14 | $22,860 |
| 2016 | $2,363.14 | $23,730 |
| 2015 | $2,322 | $21,400 |
| 2014 | $0 | $17,650 |
| 2013 | $0 | $15,670 |
| 2012 | $0 | $17,220 |
| 2011 | $0 | $18,650 |
| 2010 | $0 | $21,010 |
| 2009 | $0 | $23,770 |
| 2008 | $0 | $25,000 |
| 2007 | $0 | $23,400 |
| 2006 | $0 | $15,500 |
| 2005 | $0 | $15,500 |
| 2004 | $0 | $14,550 |
| 2003 | $0 | $14,550 |
| 2002 | $0 | $12,250 |
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