For SaleRisky Deal1 days on market
1016 W ORION Street
1016 W ORION Street, Tempe, AZ 85283, Tempe, AZ 85283
$349,000
Estimate®:$343,500
Listing Price
1016 W ORION Street, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
1
Tax Assessed
$270k
Estimate®
$344k
Market Rate
Lot Size
2,161 sqft
Rent Estimate
$1,787/mo
Est. Cash Flow base
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.
7
Wood School
PK-5
0.4 mi away
2
Fees College Preparatory Middle School
6-8
2.3 mi away
5
Marcos De Niza High School
9-12
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
stucco exteriortwo-storyattached garagesecond-story balconysouthwestern styletownhomedesert landscapingdriveway parkinggreen awningsresidentialneutral color palettelow-maintenance yard
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.90%
Total ROI
43.6%
Cash Flow
$-676/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-676/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Tempe, AZ
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $349,000 | $299 |
| 2021-12-29 | Sold | $350,000 | $300 |
| 2021-12-08 | Pending sale | $349,900 | $300 |
| 2021-12-08 | Contingent | $349,900 | $300 |
| 2021-12-03 | Listed for sale | $349,900 | $300 |
| 2021-10-22 | Sold | $267,500 | $229 |
| 1997-07-31 | Sold | $91,000 | $78 |
| 1995-06-28 | Sold | $88,918 | $76 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,549.22 | $26,970 |
| 2024 | $1,377.88 | $28,860 |
| 2023 | $1,361.24 | $12,969 |
| 2022 | $1,306.28 | $18,970 |
| 2021 | $1,481.9 | $17,620 |
| 2020 | $1,453.88 | $16,330 |
| 2019 | $1,417.78 | $15,130 |
| 2018 | $1,417.78 | $13,920 |
| 2017 | $1,375.54 | $12,630 |
| 2016 | $1,311.86 | $11,580 |
| 2015 | $1,320.04 | $10,880 |
| 2014 | $0 | $9,300 |
| 2013 | $0 | $7,600 |
| 2012 | $0 | $8,970 |
| 2011 | $0 | $10,260 |
| 2010 | $0 | $13,220 |
| 2009 | $0 | $15,010 |
| 2008 | $0 | $17,250 |
| 2007 | $0 | $15,350 |
| 2006 | $0 | $10,350 |
| 2005 | $0 | $10,350 |
| 2004 | $0 | $9,050 |
| 2003 | $0 | $9,050 |
| 2002 | $0 | $6,750 |
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