NOT LISTED FOR SALE

1317 S Terrace Rd Unit 100 Tempe, AZ 85281

Downtown Tempe Neighborhood
-- Bed
-- Bath
342,563 Sq Ft
2.59 Acres

Last Sold June 01, 2024

Last sale price $3,600 $0 Per Sq Ft

308 Days on Market

Highlights

  • 2.59 Acre Lot
  • 5-minute walk to Dorsey Ln/Apache Blvd
  • Heating Available
  • Central Air
  • Concrete Flooring

About This Home

As of June 2024

Street retail space located at the base of a new luxury Park Place apartment complex. Conveniently located less than a quarter mile from Arizona State University. Walking distance away from Arizona State University. High residential density and visibility. Foot and street traffic. Just steps to light rail station.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 07/27/2023

Last Buyer's Agent

John Pindar

LRA Real Estate Group, LLC License #SA709605000

Property Details

Property Type

  • Other

Year Built

  • Built in 2020

Lot Details

  • 2.59 Acre Lot
  • Property is zoned C-G

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 342,563 Sq Ft Home
  • Concrete Flooring

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Park Place Subdivision

Listing and Financial Details

  • Property Available on 7/26/23
  • Tenant pays for trash collection, electricity, water, sewer, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Tax Lot 2
  • Assessor Parcel Number 133-09-830

Property Details

Property Type

Other

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Cross Street: Apache and Rural
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-G
  • Lease Info Annual Lease Price: 33125.0
  • Lease Info Annual Lse Prc P S F: 27.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1248
  • Year Built: 2020
  • Tax Year: 2022
  • Directions: East of Apache. Property located on corner of Apache and Terrance.
  • Lot Size Acres: 2.59
  • Subdivision Name: PARK PLACE
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 342563.0

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 112677.0
  • Additional Parcels: No
  • Parcel #: 133-09-830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-07-26

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 1248.0

Tax Info

  • Tax Annual Amount: 516061.0
  • Tax Book Number: 133.00
  • Tax Lot: 2
  • Tax Map Number: 9.00

Range of Values:

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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 Change Sq Ft Price
06/01/2024 06/01/24 Sold $3,600 +28.2% $0 / Sq Ft
01/25/2024 01/25/24 Price Changed $2,808 +1.7% $0 / Sq Ft
12/28/2023 12/28/23 For Sale $2,761 0.0% $0 / Sq Ft
09/29/2023 09/29/23 Off Market $2,761 -- --
07/27/2023 07/27/23 For Sale $2,761 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2024

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    4 in this area

    128 Total Sales

    Don Mortensen
    Section Image

  • J

    Buyer's Agent in 2024

    John Pindar

    LRA Real Estate Group, LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6584986

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Downtown Tempe

1317 S Terrace Rd Unit 100, Tempe, AZ

This home is located at 1317 S Terrace Rd Unit 100, Tempe, AZ 85281 since 27 July 2023. This property was built in 2020. 1317 S Terrace Rd Unit 100 is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock 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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