For SaleNeutral Deal87 days on market
1116 E REDFIELD Road
1116 E REDFIELD Road, Tempe, AZ 85283, Tempe, AZ 85283
$569,900
Listing Price
1116 E REDFIELD Road, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
87
Tax Assessed
$423k
Lot Size
0.28 acres
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
Kyrene de los Ninos School
PK-5
0.4 mi away
4
Kyrene Middle School
4-8
1 mi away
5
Marcos De Niza High School
9-12
0.5 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
ranch-style housesingle-storystucco exteriortwo-car garagedesert landscapingconcrete drivewaypitched roofasphalt shinglessuburbanspacious front yardminimalist aestheticclear blue skyresidentialwell-maintained
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.58%
Total ROI
101.9%
Cash Flow
$169/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $169/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 |
|---|---|---|---|
| 2026-09-23 | Price change | $569,900 | $307 |
| 2026-08-25 | Price change | $579,900 | $312 |
| 2026-07-29 | Price change | $599,900 | $323 |
| 2026-06-30 | Listed for sale | $615,000 | $331 |
| 2024-04-03 | Listing removed | $0 | – |
| 2024-03-26 | Price change | $2,749 | $1 |
| 2022-12-03 | Listed for rent | $2,699 | $1 |
| 2017-10-02 | Sold | $355,000 | $191 |
| 2017-08-20 | Listed for sale | $355,000 | $191 |
| 2017-06-12 | Listing removed | $335,000 | $180 |
| 2017-06-10 | Price change | $335,000 | $180 |
| 2017-06-05 | Listed for sale | $319,900 | $172 |
| 2017-05-31 | Sold | $280,000 | $151 |
| 2017-04-19 | Listed for sale | $279,000 | $150 |
| 1997-03-31 | Sold | $112,000 | $60 |
| 1994-11-09 | Sold | $99,000 | $53 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,206.32 | $42,280 |
| 2024 | $2,137.52 | $45,780 |
| 2023 | $2,230.8 | $23,084 |
| 2022 | $2,125.98 | $31,250 |
| 2021 | $2,156.3 | $29,800 |
| 2020 | $2,088.04 | $27,750 |
| 2019 | $2,017.9 | $25,370 |
| 2018 | $2,017.9 | $22,800 |
| 2017 | $2,263.54 | $21,910 |
| 2016 | $1,812.2 | $20,280 |
| 2015 | $1,729.48 | $19,410 |
| 2014 | $0 | $14,880 |
| 2013 | $0 | $14,420 |
| 2012 | $0 | $16,160 |
| 2011 | $0 | $18,220 |
| 2010 | $0 | $19,670 |
| 2009 | $0 | $24,200 |
| 2008 | $0 | $26,200 |
| 2007 | $0 | $23,300 |
| 2006 | $0 | $16,100 |
| 2005 | $0 | $16,100 |
| 2004 | $0 | $14,600 |
| 2003 | $0 | $14,600 |
| 2002 | $0 | $12,550 |
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