NOT LISTED FOR SALE

107 E Broadway Rd Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $1,237,000 - $1,569,330

-- Bed
-- Bath
5,817 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $1,250,000 $215 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,713/month

35 Days on Market

Highlights

  • 0.92 Acre Lot
  • Central Air
  • Concrete Flooring
  • Community Kitchen

About This Home

As of August 2022

Great Tempe location, two miles south of Arizona State University's main campus. Street frontage. Owner/User or Development Opportunity. Two freestanding commercial buildings plus an olympic size pool (could be filled/paved). Building 1, currently used as a bar. Kitchen with walk-in refrigerator (no hood). Building 2, currently used as an office (900SF with 3 offices, 1 bathroom and kitchenette). Several use possibilities - restaurant, bar, office, retail, religious facility, rehab facility, swim school, scuba store, day care...Owner open to seller carry back financing. Owner is resurfacing the parking lot, 25 spaces.

Last Agent to Sell the Property

Tiffany McGill

MCG Realty License #BR115598000 Listed on: 05/19/2022

Last Buyer's Agent

Song Vong

Cactus Mountain Properties, LLC License #SA545392000

Cactus Mountain Properties, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,207

Year Built

  • Built in 1955

Lot Details

  • 0.92 Acre Lot
  • Block Wall Fence
  • Property is zoned C-1

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 5,817 Sq Ft Home
  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Buildings
  • Community Kitchen
  • Operating Expense $16,207

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 133-23-022

Property Details

Property Type

Other

Est. Annual Taxes

$16,207

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Mill and Broadway
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Current Use: Mixed Use, Retail, Service Business, Religious Facility, Restaurant, Office, Bar
  • Number Of Buildings: 2
  • Year Built: 1955
  • Tax Year: 2021
  • Directions: On South side of Broadway, just East of Mill Avenue.
  • Lot Size Acres: 0.92
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 40086.0
  • Additional Parcels: No
  • Parcel #: 133-23-022
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 16207.0

Tax Info

  • Tax Annual Amount: 16207.0
  • Tax Book Number: 133.00
  • Tax Lot: 7
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 31, 2022
Sold by
Xie Zhong Long and Wen Hui
Bought by
Sunrise Investment Iii Llc
Seller's Agent
Tiffany McGill
MCG Realty
Buyer's Agent
Song Vong
Cactus Mountain Properties, LLC
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Current Estimated Value
$1,398,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,777
Avg. Annual Appreciation
3.95%

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 4, 2022
Sold by
Jcg Partners Llc
Bought by
Xie Zhong Long and Li Wen Hui
Seller's Agent
Tiffany McGill
MCG Realty
Buyer's Agent
Song Vong
Cactus Mountain Properties, LLC
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Gourley John C
Bought by
Jcg Partners Llc

Purchase Details

Closed on
Jan 4, 2002
Sold by
Gourley Clara L
Bought by
Gourley John C

Purchase Details

Closed on
May 13, 1999
Sold by
One Two One Three Llc
Bought by
Arizona Scuba Sales Llc

Purchase Details

Closed on
May 12, 1999
Sold by
One Two One Three Llc
Bought by
Arizona Scuba Sales Llc

Purchase Details

Closed on
May 5, 1999
Sold by
Bresnahan David J
Bought by
Arizona Scuba Sales Llc

Purchase Details

Closed on
May 3, 1999
Sold by
Gourley James C
Bought by
Arizona Scuba Sales Llc

Purchase Details

Closed on
Mar 11, 1998
Sold by
Hughes Mary J Chinn and Nystrom Richard M
Bought by
One Two One Three Llc

Purchase Details

Closed on
Dec 9, 1994
Sold by
Fairway Stores Inc
Bought by
Hughes Mary J Chinn and Chinn Ronald
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunrise Investment Iii Llc -- --
Xie Zhong Long $1,250,000 Pioneer Title
Jcg Partners Llc -- --
Gourley John C -- Transnation Title Insurance
Gourley John C -- Transnation Title Insurance
Arizona Scuba Sales Llc -- --
Arizona Scuba Sales Llc -- --
Arizona Scuba Sales Llc -- --
Arizona Scuba Sales Llc -- --
One Two One Three Llc $175,000 Lawyers Title Of Arizona Inc
Hughes Mary J Chinn -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $1,250,000 -10.7% $215 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,400,000 -- $241 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,569 $134,775 -- --
2024 $15,847 $132,368 -- --
2023 $15,847 $251,226 $196,724 $54,502
2022 $15,648 $127,383 $77,263 $50,120
2021 $16,207 $129,798 $79,470 $50,328
2020 $15,715 $130,572 $80,784 $49,788
2019 $15,417 $119,754 $72,504 $47,250
2018 $15,034 $120,780 $74,484 $46,296
2017 $14,586 $114,228 $68,958 $45,270
2016 $14,484 $100,836 $59,958 $40,878
2015 $14,297 $96,941 $64,806 $32,135
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tiffany McGill

    MCG Realty

    (602) 620-1453

    1 in this area

    32 Total Sales

    Tiffany McGill
    Section Image

  • S

    Buyer's Agent in 2022

    Song Vong

    Cactus Mountain Properties, LLC

    (480) 688-8444

    1 in this area

    5 Total Sales

    Song Vong
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6401972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-23-022

Arizona Maricopa County Tempe 85282 Alameda

107 E Broadway Rd, Tempe, AZ

This home is located at 107 E Broadway Rd, Tempe, AZ 85282 since 19 May 2022 and is currently estimated at $1,398,777, approximately $240 per square foot. This property was built in 1955. 107 E Broadway Rd is a home located in Maricopa County with nearby schools including Broadmor Elementary School, Connolly Middle School, and Tempe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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