3924 S KYRENE Road, Tempe, AZ 85282

$915,000
Property Type: Residential Bedrooms: 5 Baths: 5.5 Square Footage: 2,960 Lot Size (sq. ft.): 14,487 Status: Closed
Current Price: $915,000 Last Modified: 5/19/2025

Description

Great investment property! Tenant in place for $6,800 per month. Stunning 5-bedroom, 5.5-bathroom. large 4-car garage with additional storage space, a parking area in front, & new 8x8 pavered tiled driveway. Gross rents of $81,600 annually. Cap rate of 7.9%. House has potential for higher income, as student or corporate housing, or possible Airbnb, NO HOA!

More Information MLS# 6679608

Contract Information

Status Change Date: 2024-09-04 Sold Price: $915,000 Status: Closed Current Price: $915,000 List Date: 2024-03-20 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 3924 Compass: S Street Name: KYRENE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Country: US County Code: Maricopa Assessor Number: 123-46-118 Subdivision: COYOTE CROSSING Tax Year: 2022

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 5 # Bathrooms: 5.5 Approx SQFT: 2960 Price/SqFt: 309.12 Horses: N Builder Name: UNK Year Built: 2023 Approx Lot SqFt: 14487 Approx Lot Acres: 0.333 Flood Zone: No Pool: None Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District Elementary School: Carminati School Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School

Remarks Misc

Cross Street: Southern Ave & Kyrene Rd Directions: Head south on S Kyrene Rd. Property will be on the right. Geo Lat: 33.387791 Geo Lon: -111.944099

Status Change Info

Off Market Date: 2024-04-08 Under Contract Date: 2024-04-08 Close of Escrow Date: 2024-08-30 Sold Price: $915,000

Legal Info

Township: 1N Range: 4E Section: 33 Lot Number: 4

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 4 Total Covered Spaces: 4

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Exchange Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession to Buyer: 2.5 Seller Concession $/%: %

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity; Private Toilet Room Master Bedroom: Not Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: No Fireplace Flooring: Laminate Pool Features: No Pool Spa: None Community Features: Biking/Walking Path Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Wshr/Dry HookUp Only; Inside Other Rooms: Great Room Features: Vaulted Ceiling(s); Wet Bar; No Interior Steps; Furnished(See Rmrks) Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Storage Parking Features: Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: No Sewer/Septic Services: City Services Fencing: Block; Partial Property Description: Corner Lot; East/West Exposure; Alley Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Agency Discl Req
Listing Office: Prestige Realty
Last Updated: May - 19 - 2025
3924 S KYRENE Road, Tempe, AZ 85282- MLS# 6679608
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