NOT LISTED FOR SALE

109 E Broadway Rd Unit OFC Tempe, AZ 85282

Alameda Neighborhood
66 Beds
-- Bath
1,500 Sq Ft
1964 Built

Last Sold January 14, 2021

Last sale price $7,850,000 $5,233 Per Sq Ft

49 Days on Market

Highlights

  • Heated Community Pool
  • Central Air
  • Heating Available
  • Community Barbecue Grill

About This Home

As of January 2021

Unit Features:

• Faux Wood-Plank Vinyl Flooring
• Contemporary Cabinetry with Brushed Nickel Hardware
• Gourmet Kitchens with Full Size Appliances, Including Dishwashers and Built-In
Microwaves
• Stainless Steel Sinks with Brushed Nickel Faucets
• Modern Bathroom Vanities and Low-Flow Toilets
• In-Suite Washer/Dryers
• Premium Light Fixtures
• Vertical Blinds
• Sand-Blasted Block Interior Walls*
*Select Units

Community Amenities:
• Large Central Courtyard with Sparkling Swimming Pool
• On-Site Leasing Office with Security Access
• Outdoor Bike Storage
• Assigned Covered Parking Spaces
• Smooth Stucco Facade with Two Toned Paint and Trim
• Controlled Access Gates
• Dual-Pane Windows
• Upgraded Common Area and Walkway Lighting
• Barbecue Area and Dog Run

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 08/19/2020

Last Buyer's Agent

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 08/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,905

Year Built

  • Built in 1964

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 40 Parking Spaces
  • 20 Covered Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 133-23-023-A

Community Details

Overview

  • 4 Buildings
  • 40 Units
  • Building Dimensions are 40,233
  • Tempe Acres Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $15,905
  • Gross Income $535,800
  • Net Operating Income $407,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,905

Year Built

Built in 1964

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 4
  • Year Built: 1964
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: TEMPE ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 40.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Community Amenities:Pool2: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

  • Lot Size: 40,233
  • Additional Parcels: No
  • Parcel #: 133-23-023-A

Multi Family

  • Number Of Units Total: 40
  • Annual Gross Income: 535800.0
  • Property Net Operating Income: 407820.0
  • Annual Operating Expense: 15905.0

Tax Info

  • Tax Annual Amount: 15905.0
  • Tax Book Number: 133.00
  • Tax Lot: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $7,850,000 -1.9% $5,233 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $8,000,000 -- $5,333 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $18,749 $156,423 -- --
2024 $17,311 $148,975 -- --
2023 $17,311 $560,100 $112,020 $448,080
2022 $16,605 $406,600 $81,320 $325,280
2021 $16,720 $456,080 $91,210 $364,870
2020 $16,212 $328,630 $65,720 $262,910
2019 $15,905 $279,850 $55,970 $223,880
2018 $15,510 $243,330 $48,660 $194,670
2017 $15,048 $227,910 $45,580 $182,330
2016 $14,942 $162,610 $32,520 $130,090
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Seaman

    CBRE, Inc

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6119305

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Tempe 85282 Alameda

109 E Broadway Rd Unit OFC, Tempe, AZ

Not Listed for Sale

MultiFamily

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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