For SaleNeutral Deal34 days on market
642 W MAGDALENA Drive
642 W MAGDALENA Drive, Tempe, AZ 85283, Tempe, AZ 85283
$390,000
Listing Price
642 W MAGDALENA Drive, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
34
Tax Assessed
$334k
Lot Size
6,534 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.
7
Wood School
PK-5
0.1 mi away
2
Fees College Preparatory Middle School
6-8
2.1 mi away
5
Marcos De Niza High School
9-12
1.8 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
Single Family Residence1979Heat Pump, ElectricCentral Air, Ceiling Fan(s)4 Open Parking spaces6,534 sqft34 Days$225
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.51%
Total ROI
100.4%
Cash Flow
$92/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $92/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • 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 |
|---|---|---|---|
| 2026-09-14 | Price change | $390,000 | $225 |
| 2026-09-07 | Price change | $395,000 | $228 |
| 2026-08-22 | Listed for sale | $400,000 | $231 |
| 2010-03-11 | Sold | $160,000 | $92 |
| 2009-10-02 | Sold | $89,250 | $52 |
| 2009-06-12 | Listed for sale | $144,900 | $84 |
| 2009-01-12 | Sold | $185,466 | $107 |
| 2004-01-26 | Sold | $145,500 | $84 |
| 1996-04-12 | Sold | $87,100 | $50 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,538.14 | $33,360 |
| 2024 | $1,428.7 | $35,530 |
| 2023 | $1,411.38 | $13,447 |
| 2022 | $1,354.34 | $23,530 |
| 2021 | $1,335.16 | $21,210 |
| 2020 | $1,309.58 | $20,080 |
| 2019 | $1,274.3 | $17,870 |
| 2018 | $1,274.3 | $16,020 |
| 2017 | $1,234.58 | $14,580 |
| 2016 | $1,188.28 | $13,820 |
| 2015 | $1,216.02 | $12,560 |
| 2014 | $0 | $9,770 |
| 2013 | $0 | $7,880 |
| 2012 | $0 | $9,520 |
| 2011 | $0 | $11,060 |
| 2010 | $0 | $15,120 |
| 2009 | $0 | $17,610 |
| 2008 | $0 | $19,700 |
| 2007 | $0 | $17,500 |
| 2006 | $0 | $11,300 |
| 2005 | $0 | $11,300 |
| 2004 | $0 | $10,150 |
| 2003 | $0 | $10,150 |
| 2002 | $0 | $8,750 |
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