For SaleNeutral Deal49 days on market
1161 W MYRNA Lane
1161 W MYRNA Lane, Tempe, AZ 85284, Tempe, AZ 85284
$525,000
Listing Price
1161 W MYRNA Lane, Tempe, AZ 85284
Loc: Tempe, AZ
Days Listed
49
Tax Assessed
$398k
Lot Size
4,818 sqft
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.
6
Kyrene Del Pueblo Middle School
4-8
2.8 mi away
5
Mountain Pointe High School
9-12
1.9 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 Residence1994ENERGY STAR Qualified Equipment, Natural GasCentral Air, Ceiling Fan(s), Programmable Thmstat2 Attached Garage spaces$228 quarterly4,818 sqft49 Days$257
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.57%
Total ROI
101.7%
Cash Flow
$152/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $152/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 |
|---|---|---|---|
| 2026-08-31 | Price change | $525,000 | $257 |
| 2026-08-18 | Price change | $535,000 | $262 |
| 2026-08-06 | Listed for sale | $550,000 | $270 |
| 2024-12-05 | Listing removed | $2,800 | $1 |
| 2024-11-20 | Listed for rent | $2,800 | $1 |
| 2021-03-24 | Listing removed | $0 | – |
| 2018-11-05 | Listing removed | $1,900 | $1 |
| 2018-10-30 | Listed for rent | $1,900 | $1 |
| 2015-05-20 | Listing removed | $1,800 | $1 |
| 2015-05-01 | Listed for rent | $1,800 | $1 |
| 2014-04-16 | Listing removed | $1,900 | $1 |
| 2014-04-05 | Price change | $1,900 | $1 |
| 2014-03-31 | Listed for rent | $1,850 | $1 |
| 2014-02-14 | Sold | $252,000 | $124 |
| 2013-12-10 | Price change | $259,900 | $127 |
| 2013-11-07 | Price change | $261,000 | $128 |
| 2013-10-22 | Price change | $265,000 | $130 |
| 2013-10-08 | Price change | $270,000 | $132 |
| 2013-09-28 | Listed for sale | $280,000 | $137 |
| 1994-06-27 | Sold | $116,158 | $57 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,697.82 | $39,750 |
| 2024 | $3,054.12 | $42,920 |
| 2023 | $2,980.36 | $26,331 |
| 2022 | $2,854.64 | $28,970 |
| 2021 | $2,853.8 | $27,480 |
| 2020 | $2,769.2 | $25,850 |
| 2019 | $2,684.96 | $25,080 |
| 2018 | $2,684.96 | $23,450 |
| 2017 | $2,581.76 | $22,270 |
| 2016 | $2,402.28 | $22,260 |
| 2015 | $2,311 | $21,480 |
| 2014 | $0 | $17,520 |
| 2013 | $0 | $15,430 |
| 2012 | $0 | $16,820 |
| 2011 | $0 | $18,800 |
| 2010 | $0 | $21,770 |
| 2009 | $0 | $25,100 |
| 2008 | $0 | $27,750 |
| 2007 | $0 | $24,650 |
| 2006 | $0 | $16,800 |
| 2005 | $0 | $16,800 |
| 2004 | $0 | $15,350 |
| 2003 | $0 | $15,350 |
| 2002 | $0 | $13,050 |
Similar Properties Nearby
Explore other investment opportunities in Tempe.