For SaleNeutral Deal63 days on market
1409 E STEPHENS Drive
1409 E STEPHENS Drive, Tempe, AZ 85283, Tempe, AZ 85283
$419,999
Listing Price
1409 E STEPHENS Drive, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
63
Tax Assessed
$367k
Lot Size
7,924 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
Kyrene de los Ninos School
PK-5
0.2 mi away
4
Kyrene Middle School
4-8
0.7 mi away
5
Marcos De Niza High School
9-12
0.9 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 Residence1983ElectricCentral Air, Ceiling Fan(s)2 Attached Garage spaces7,924 sqft63 Days$318
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.50%
Total ROI
100.2%
Cash Flow
$96/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $96/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 |
|---|---|---|---|
| 2026-09-20 | Price change | $419,999 | $318 |
| 2026-09-13 | Price change | $428,900 | $325 |
| 2026-09-03 | Price change | $437,000 | $331 |
| 2026-07-23 | Listed for sale | $385,000 | $292 |
| 2022-12-28 | Sold | $412,000 | $312 |
| 2022-11-27 | Price change | $415,000 | $314 |
| 2022-11-21 | Price change | $375,000 | $284 |
| 2022-11-01 | Price change | $400,042 | $303 |
| 2022-10-27 | Price change | $400,000 | $303 |
| 2022-10-21 | Price change | $425,000 | $322 |
| 2022-10-18 | Price change | $415,000 | $314 |
| 2022-10-07 | Price change | $425,000 | $322 |
| 2022-09-30 | Price change | $449,900 | $341 |
| 2022-09-29 | Price change | $499,000 | $378 |
| 2022-09-26 | Listed for sale | $529,000 | $401 |
| 2011-10-21 | Sold | $128,000 | $97 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,012.22 | $36,710 |
| 2024 | $1,949.46 | $38,630 |
| 2023 | $1,898 | $19,640 |
| 2022 | $1,808.8 | $25,610 |
| 2021 | $1,834.58 | $24,380 |
| 2020 | $1,776.56 | $22,520 |
| 2019 | $1,716.82 | $20,950 |
| 2018 | $1,716.82 | $19,030 |
| 2017 | $1,645.94 | $17,330 |
| 2016 | $1,541.82 | $16,670 |
| 2015 | $1,471.48 | $14,960 |
| 2014 | $0 | $12,660 |
| 2013 | $0 | $11,770 |
| 2012 | $0 | $13,260 |
| 2011 | $0 | $14,960 |
| 2010 | $0 | $16,960 |
| 2009 | $0 | $18,150 |
| 2008 | $0 | $21,500 |
| 2007 | $0 | $19,100 |
| 2006 | $0 | $13,700 |
| 2005 | $0 | $13,700 |
| 2004 | $0 | $11,600 |
| 2003 | $0 | $11,600 |
| 2002 | $0 | $9,800 |
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