OFF MARKET

Off Market Mar 2018 for $1.6M

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sq ft

1010 S Smith Rd, Tempe, AZ 85281

About this home

Las Palmas Apartments is a 16-unit duplex style apartment community located in Tempe, Arizona. The property is of 1961 vintage, with recent renovations, built of solid block, in a beautiful low-density courtyard setting. The unit mix is all 16 two-bedroom/one-bath units at approximately 720 square feet. Each unit is individually metered for electricity and equipped with frost-free refrigerators, stove and hood. In the past 2 years major capital expenditures have been completed. Select units have upgraded appliances, flooring, fixtures and electrical outlets. The community also provides its residents with on-site laundry. Value-add improvements can be made such as adding washer/dryers to each patio with pre-existing hookups; fencing in patios, gating property, adding BBQ picnic area e

Multi-familyProperty Type

1961Year Built

0.83 acresLot Size

16 spacesParking

Listed by Carrick Sears • SVN/Desert Commercial Advisors

Bought with Richard Horst • Keller Williams Arizona Realty

Redfin checked: a minute ago

•Source:ARMLS #5706928

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 85281, AZ

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.1%

1.1% MoM

Median sale price

$450K

$15K MoM

Avg. days on market

61d

4 days MoM

Recently sold homes

0 MoM

New listings for sale

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4 beds2 baths1,648 sq ft
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1886 E Don Carlos Ave #111, Tempe, AZ 85281
$284,900
2 beds2 baths1,130 sq ft
850 S River Dr #2070, Tempe, AZ 85281
$1,300,000
6 beds6 baths— sq ft
601 S Hardy Dr, Tempe, AZ 85281
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6 beds4 baths2,627 sq ft
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3D WALKTHROUGH
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543 W 6th St, Tempe, AZ 85281
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1 bed1 bath667 sq ft
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$329,000
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$310,000
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See all

Provided by Redfin

Sale history for 1010 S Smith Rd

Date

Event

Price

RENT. #1

Feb 22, 2022

Price Changed

$1,295

Public Records

Oct 11, 2019

Sold

$2,400,000

ARMLS #5851048

Mar 11, 2019

Listing Removed

—

Feb 25, 2019

Price Changed

$2,552,000

Nov 27, 2018

Listed

$2,590,000

Public Records

Apr 2, 2018

Sold

$1,920,000

ARMLS #5706928

Mar 30, 2018

Sold

$1,600,000

Jan 30, 2018

Pending

—

Jan 10, 2018

Listed

$1,760,000

Public Records

Feb 24, 2016

Sold

$1,250,000

Public Records

Aug 1, 2013

Sold

$880,000

Year

Property tax

Land + Additions

Assessment*

2025

$1,285 (+7.0%)

2024

$1,201 (+1.2%)

2023

$1,187 (+4.2%)

2022

$1,138 (−0.7%)

$11,020 + $33,060

$44,080

2021

$1,146 (+3.1%)

$13,430 + $40,300

$53,730

2020

$1,111 (+1.9%)

$8,490 + $25,480

$33,970

2019

$1,090 (+2.5%)

$6,520 + $19,580

$26,100

2018

$1,063 (+3.1%)

$6,520 + $19,580

$26,100

2017

$1,032 (+0.7%)

$3,700 + $11,120

$14,820

2016

$1,024 (+4.1%)

$3,530 + $10,590

$14,120

2015

$984 (−4.7%)

$3,070 + $9,230

$12,300

2014

$1,033 (+19.1%)

$1,940 + $5,830

$7,770

2013

$867

$1,420 + $4,280

$5,700

2012

$866 (−21.1%)

$1,570 + $4,720

$6,290

2011

$1,097 (+0.5%)

$2,330 + $7,010

$9,340

2010

$1,092 (−39.6%)

$2,690 + $8,080

$10,770

2009

$1,807

$2,330 + $7,010

$9,340

Tax history for 1010 S Smith Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,285 (+7.0%)

2024

$1,201 (+1.2%)

2023

$1,187 (+4.2%)

2022

$1,138 (−0.7%)

$11,020 + $33,060

$44,080

2021

$1,146 (+3.1%)

$13,430 + $40,300

$53,730

2020

$1,111 (+1.9%)

$8,490 + $25,480

$33,970

2019

$1,090 (+2.5%)

$6,520 + $19,580

$26,100

2018

$1,063 (+3.1%)

$6,520 + $19,580

$26,100

2017

$1,032 (+0.7%)

$3,700 + $11,120

$14,820

2016

$1,024 (+4.1%)

$3,530 + $10,590

$14,120

2015

$984 (−4.7%)

$3,070 + $9,230

$12,300

2014

$1,033 (+19.1%)

$1,940 + $5,830

$7,770

2013

$867

$1,420 + $4,280

$5,700

2012

$866 (−21.1%)

$1,570 + $4,720

$6,290

2011

$1,097 (+0.5%)

$2,330 + $7,010

$9,340

2010

$1,092 (−39.6%)

$2,690 + $8,080

$10,770

2009

$1,807

$2,330 + $7,010

$9,340

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

1961

Sq. Ft.

1,344

Year built

1961

Style

Multi-Family (2-4 Unit)

County

Maricopa County

APN

13267038D

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

R-4

Multi-Family Residential General District

The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational / school
Park & open space

Property details

Parking

Parking Information
Parking Total: 16
Open Parking Spaces: 16
Parking Features: Paved, 1 Space/Unit

Interior

Heating & Cooling
Has Heating
Cooling: Heat Pump
Has Cooling
Heating: Heat Pump

Interior Features
Appliances: Free-Standing Range, Refrigerator, W/D Hookup
Flooring: Concrete

Exterior

Exterior Features
Construction Materials: Painted, Block
Roof: Composition

Property Information
Ownership: Fee Simple

Lot Information
Lot Size Dimensions: 172 x 211
Has Addition Parcels

Building Information
Number Of Buildings: 8

Financial

Tax Information
Tax Annual Amount: $3,870
Tax Year: 2017

Location

School Information
Elementary School District: Tempe Elementary School District

Location Information
Directions: South of Hayden Lane on Smith Road, West side.

Community Information
Community Features: Play Area, No Pool

Utility Information
Electric: SRP
Sewer: Public Sewer

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,344
Stories: 1.0
Lot Size: 0.29 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1961
Year Renovated: 1961
County: Maricopa County
APN: 13267038D

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Water Source: Master Meter, City Franchise

Around this home

Schools

Thew Elementary School

Public PreK-5 • Assigned • 0.3mi

4/10

Connolly Middle School

Public 6-8 • Assigned • 1.0mi

3/10

McClintock High School

Public 9-12 • Assigned • 1.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 111° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Tempe, AZ • 85281

Average low and high temperatures (°F)

105

106

107

102

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.5 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 85281

$500,000

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516 W 18th St, Tempe, AZ 85281

$395,000

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$284,900

2 beds2 baths1,130 sq ft

850 S River Dr #2070, Tempe, AZ 85281

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6 beds6 baths— sq ft

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$795,000

6 beds4 baths2,627 sq ft

1314 E Orange St, Tempe, AZ 85281

3D WALKTHROUGH

$795,000

3 beds3.5 baths2,489 sq ft

543 W 6th St, Tempe, AZ 85281

$279,900

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154 W 5th St #122, Tempe, AZ 85281

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Home values near 1010 S Smith Rd

Data from public records.

Address	Redfin Estimate
940 S Smith Road, Tempe, AZ - Beds \| 2 Baths \| 1808 Sq. Ft.	$534,044
1971 E 10th Street, Tempe, AZ 1 Beds \| 1 Baths \| - Sq. Ft.	$591,659

Address	Redfin Estimate
909 S Kenwood Circle, Tempe, AZ 4 Beds \| 2 Baths \| - Sq. Ft.	$593,455
1970 E Don Carlos Avenue, Tempe, AZ 3 Beds \| 3 Baths \| 1280 Sq. Ft.	$416,138

Address	Redfin Estimate
915 S Kenwood Circle, Tempe, AZ 1 Beds \| 1 Baths \| - Sq. Ft.	$806,794
1960 E Don Carlos Avenue, Tempe, AZ - Beds \| - Baths \| 1301 Sq. Ft.	$719,521

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 85281, AZ

Sale history for 1010 S Smith Rd

Tax history for 1010 S Smith Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85281

Home values near 1010 S Smith Rd

More real estate resources