For SaleNeutral Deal0 days on market
1537 E BISHOP Drive
1537 E BISHOP Drive, Tempe, AZ 85282, Tempe, AZ 85282
$525,000
Listing Price
1537 E BISHOP Drive, Tempe, AZ 85282
Loc: Tempe, AZ
Days Listed
0
Tax Assessed
$426k
Lot Size
9,182 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.
5
Joseph P. Spracale Elementary School
K-5
0.8 mi away
3
Connolly Middle School
6-8
0.8 mi away
8
McClintock High School
9-12
0.4 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 stylesingle-storywhite brickcurved concrete drivewayattached garagedesert landscapinglow maintenancesuburbanasphalt shingle roofmid-century rootspalm treesopen frontageresidential
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.54%
Total ROI
101.0%
Cash Flow
$137/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $137/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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $525,000 | $282 |
| 2025-01-22 | Listing removed | $2,990 | $2 |
| 2024-12-21 | Listed for rent | $2,990 | $2 |
| 2024-11-23 | Listing removed | $2,990 | $2 |
| 2024-09-25 | Listed for rent | $2,990 | $2 |
| 2024-09-13 | Listing removed | $2,950 | $2 |
| 2024-09-03 | Listed for rent | $2,950 | $2 |
| 2024-05-30 | Listing removed | $0 | – |
| 2024-05-27 | Listed for rent | $3,850 | $2 |
| 2012-11-09 | Sold | $200,000 | $107 |
| 2012-10-07 | Listed for sale | $209,000 | $112 |
| 1997-08-15 | Sold | $120,300 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,475.06 | $42,620 |
| 2024 | $2,298.9 | $45,870 |
| 2023 | $2,271.16 | $21,638 |
| 2022 | $2,179.36 | $30,920 |
| 2021 | $2,148.48 | $28,520 |
| 2020 | $2,107.22 | $25,820 |
| 2019 | $2,050.48 | $24,760 |
| 2018 | $2,050.48 | $22,850 |
| 2017 | $1,986.68 | $21,180 |
| 2016 | $1,912.18 | $20,810 |
| 2015 | $1,921.5 | $19,260 |
| 2014 | $0 | $15,070 |
| 2013 | $0 | $12,680 |
| 2012 | $0 | $14,000 |
| 2011 | $0 | $16,860 |
| 2010 | $0 | $19,460 |
| 2009 | $0 | $22,350 |
| 2008 | $0 | $25,750 |
| 2007 | $0 | $22,800 |
| 2006 | $0 | $14,500 |
| 2005 | $0 | $14,500 |
| 2004 | $0 | $12,900 |
| 2003 | $0 | $12,900 |
| 2002 | $0 | $10,550 |
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