For SaleNeutral Deal150 days on market
2002 E CAROLINE Lane
2002 E CAROLINE Lane, Tempe, AZ 85284, Tempe, AZ 85284
$1,999,000
Listing Price
2002 E CAROLINE Lane, Tempe, AZ 85284
Loc: Tempe, AZ
Days Listed
150
Tax Assessed
$1249k
Lot Size
0.95 acres
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
Kyrene del Cielo School
PK-5
0.9 mi away
6
Kyrene Aprende Middle School
4-8
1.4 mi away
8
Corona Del Sol High School
9-12
1.3 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 Residence1982ElectricCentral Air, Ceiling Fan(s), Programmable Thmstat3 Garage spaces$410 quarterly0.95 Acres150 Days$454
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.65%
Total ROI
103.5%
Cash Flow
$713/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $713/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-08-28 | Price change | $1,999,000 | $454 |
| 2026-05-29 | Price change | $2,199,000 | $500 |
| 2026-05-15 | Price change | $2,300,000 | $523 |
| 2026-04-27 | Listed for sale | $2,399,000 | $545 |
| 2020-03-04 | Sold | $985,000 | $224 |
| 2020-01-22 | Listed for sale | $995,000 | $226 |
| 1995-01-27 | Sold | $417,500 | $95 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,314.54 | $124,930 |
| 2024 | $8,040.68 | $131,830 |
| 2023 | $7,832.04 | $74,495 |
| 2022 | $7,476.36 | $82,330 |
| 2021 | $7,474.28 | $81,520 |
| 2020 | $7,234.72 | $77,430 |
| 2019 | $6,996.2 | $72,900 |
| 2018 | $6,996.2 | $67,730 |
| 2017 | $6,704.5 | $62,530 |
| 2016 | $6,196.4 | $67,380 |
| 2015 | $5,864.92 | $59,510 |
| 2014 | $0 | $48,020 |
| 2013 | $0 | $47,550 |
| 2012 | $0 | $53,720 |
| 2011 | $0 | $63,150 |
| 2010 | $0 | $67,720 |
| 2009 | $0 | $77,600 |
| 2008 | $0 | $84,850 |
| 2007 | $0 | $75,200 |
| 2006 | $0 | $54,700 |
| 2005 | $0 | $54,700 |
| 2004 | $0 | $42,550 |
| 2003 | $0 | $42,550 |
| 2002 | $0 | $36,600 |
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