Good Return On Investment. Less Traffic On A Demand Dead End Street. Close To School, Close To Shopping, Close To Freeway. Large Lot - Possible Expansion To 4 Units. Country Setting. Newer Furnace, Newer Water Heater, New 4' Well.
Single-familyProperty Type
1962Year Built
7,653 sq ftLot Size
$308Est. Price/Sq.Ft.
Listed by Michael Kamal• American Associates REALTORS
•810-733-3435 (broker)
Bought with MiRS STAFF• MiRealSource Michigan MLS
•248-247-1040 (broker)
Source:MiRealSource-MiMLS #20321432
Redfin Estimate
$391,211
$306K since sold in August 2012$6,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.7% lower than the average sale price ($464K) of 6 comparable homes.
Good Return On Investment. Less Traffic On A Demand Dead End Street. Close To School, Close To Shopping, Close To Freeway. Large Lot - Possible Expansion To 4 Units. Country Setting. Newer Furnace, Newer Water Heater, New 4' Well.
Year
Property tax
Land + Additions
Assessment*
2025
$2,235 (+7.0%)
2024
$2,089 (+1.2%)
2023
$2,063 (+4.2%)
2022
$1,979 (−0.7%)
$5,030 + $20,130
$25,160
2021
$1,993 (+3.1%)
$4,700 + $18,800
$23,500
2020
$1,933 (+51.5%)
$4,170 + $16,700
$20,870
2019
$1,276 (+2.5%)
$3,370 + $13,480
$16,850
2018
$1,244 (+3.1%)
$3,370 + $13,480
$16,850
2017
$1,207 (+0.8%)
$2,640 + $10,560
$13,200
2016
$1,198 (+4.1%)
$2,420 + $9,700
$12,120
2015
$1,151 (−1.3%)
$2,160 + $8,640
$10,800
2014
$1,166 (+14.9%)
$1,660 + $6,650
$8,310
2013
$1,015 (+2.0%)
$1,330 + $5,340
$6,670
2012
$995 (−8.6%)
$1,620 + $6,490
$8,110
2011
$1,089 (+0.5%)
$2,090 + $8,380
$10,470
2010
$1,084 (−4.6%)
$2,510 + $10,050
$12,560
2009
$1,136
$3,100 + $12,410
$15,510
Tax history for 1240 W Elna Rae St
Year
Property tax
Land + Additions
Assessment*
2025
$2,235 (+7.0%)
2024
$2,089 (+1.2%)
2023
$2,063 (+4.2%)
2022
$1,979 (−0.7%)
$5,030 + $20,130
$25,160
2021
$1,993 (+3.1%)
$4,700 + $18,800
$23,500
2020
$1,933 (+51.5%)
$4,170 + $16,700
$20,870
2019
$1,276 (+2.5%)
$3,370 + $13,480
$16,850
2018
$1,244 (+3.1%)
$3,370 + $13,480
$16,850
2017
$1,207 (+0.8%)
$2,640 + $10,560
$13,200
2016
$1,198 (+4.1%)
$2,420 + $9,700
$12,120
2015
$1,151 (−1.3%)
$2,160 + $8,640
$10,800
2014
$1,166 (+14.9%)
$1,660 + $6,650
$8,310
2013
$1,015 (+2.0%)
$1,330 + $5,340
$6,670
2012
$995 (−8.6%)
$1,620 + $6,490
$8,110
2011
$1,089 (+0.5%)
$2,090 + $8,380
$10,470
2010
$1,084 (−4.6%)
$2,510 + $10,050
$12,560
2009
$1,136
$3,100 + $12,410
$15,510
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1-6
Single-Family Residential 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
Office-Other
Educational/school
Park & open space
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 5
Heating & Cooling
Air Conditioning Type: Refrigeration
Heating Type: Forced Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Exterior Wall: Block Painted
Building Type: Residential
Property Information
Subdivision Name: WESTGATE SUB 2
Living Sq. Ft: 1,272
Building Sq. Ft: 1,272
# of Stories: 1
Legal Description: LOT 47 WESTGATE SUB 2
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Carport
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,653
Legal Lot Number: 47
Municipality Name: TEMPE
Acres: 0.1757
Zoning Code: R1-6
State Use Description: SINGLE FAM RES-URBAN SUBD
Financial
Assessor Information
Assessment Year: 2025
Tax Area: 031600
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,272
Stories: 1.0
Lot Size: 7,653 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Maricopa County
APN: 12474117
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Holdeman Elementary School
Public PreK-5 • Assigned • 0.7mi
4/10
Geneva Epps Mosley Middle School
Public 6-8 • Assigned • 0.2mi
2/10
Tempe High School
Public 9-12 • Assigned • 1.2mi
5/10
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, 20 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, 2 days in 30 years
Provided by First Street
Historical weather
Tempe, AZ • 85281
Average low and high temperatures (°F)
69
47
78
55
84
61
86
64
94
72
105
82
106
85
107
86
102
81
92
69
76
55
74
51
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
Estimated sale price
$372,000 – $450,000
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