NOT LISTED FOR SALE

109 E Broadway Rd Unit OFC Tempe, AZ 85282

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

Sale Details

Date Sold: January 14, 2021

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

49 Days on Market

Highlights

  • Heated Community Pool
  • Community Barbecue Grill
  • Heating Available
  • Broadmor Elementary School Rated 9+
  • Central Air

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
  • Separate Meters
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,980,000
Interest Rate
0.0602%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2020
Closed on
Jan 12, 2021
Sold by
Bought by
Seller's Agent
Jeff Seaman
CBRE, Inc
Buyer's Agent
Jeff Seaman
CBRE, Inc
List Price
$8,000,000
Sold Price
$7,850,000
Premium/Discount to List
-$150,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,083,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
0.046%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$10,100,000 Landmark Title
$7,820,000 Commonwealth Land Ttl Ins Co
$4,800,000 American Title Service Agenc
-- None Available
$4,250,000 Thomas Title & Escrow
$1,399,884 Thomas Title & Escrow
$1,390,000 Chicago Title Insurance Co
$1,230,000 Old Republic Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $5,980,000
Closed $5,083,000
Closed $3,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2015 $14,352 $132,160 $26,430 $105,730
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

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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