NOT LISTED FOR SALE

1331 N Scottsdale Rd Unit 1 Tempe, AZ 85281

North Tempe Neighborhood
0.52 Acre
-- Price per Acre
22,651 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $400,000

290 Days on Market

About This Lot

As of August 2013

Hard corner lot, parcel # 132-12-001, 132-12-002, 132-12-064...All three parcels total of .52 Acres, commercial zoning C-G Commercial General

Last Agent to Sell the Property

Azroy Salim

Realty Executives License #SA517417000 Listed on: 01/08/2013

Realty Executives

Last Buyer's Agent

Azroy Salim

Realty Executives License #SA517417000 Listed on: 01/08/2013

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,347

Year Built

  • 2021

Lot Details

  • 0.52 Acre Lot
  • Additional Parcels
  • Property is zoned c-G Commer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 132-12-001

Property Details

Property Type

Land

Est. Annual Taxes

$2,347

Year Built

2021

Lot Details

0

Listing Details

  • Cross Street: Southest corner of Weber and Scottsdale Road
  • Property Type: Land
  • Zoning: c-G Commer
  • Tax Year: 2012
  • Lot Size Acres: 0.52
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks), None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 00
  • Lot Size Sq Ft: 22820.0
  • Additional Parcels: Yes
  • Parcel #: 132-12-001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2347.2
  • Tax Book Number: 132.00
  • Tax Lot: 1
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Cai Investments Sub Series 310 Llc
Bought by
Blakely Family Trust
Total Days on Market
290

Purchase Details

Closed on
Aug 26, 2019
Sold by
Oneten Rei 2 Llc
Bought by
Cai Investments Sub Series 310 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2017
Sold by
Vertex Investments Llc
Bought by
Oneten Rei 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 8, 2013
Closed on
Aug 12, 2013
Sold by
Assbagh Mehr Angiz Abassi
Bought by
Vertex Investments Llc
Seller's Agent
Azroy Salim
Realty Executives
Buyer's Agent
Azroy Salim
Realty Executives
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blakely Family Trust $3,640,000 First American Title
Cai Investments Sub Series 310 Llc $1,100,000 Fidelity Natl Ttl Agcy Inc
Oneten Rei 2 Llc $780,000 Thomas Title & Escrow
Vertex Investments Llc $400,000 Nextitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cai Investments Sub Series 310 Llc $7,380,000
Previous Owner Cai Investments Sub Series 310 Llc $1,830,000
Previous Owner Oneten Rei 2 Llc $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $400,000 -19.8% --
07/01/2013 07/01/13 Pending -- -- --
09/14/2012 09/14/12 For Sale $499,000 -- --
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 $11,768 $101,868 -- --
2024 $11,978 $100,049 -- --
2023 $11,978 $140,998 $21,097 $119,901
2022 $11,828 $131,845 $21,595 $110,250
2021 $2,332 $27,810 $27,810 $0
2020 $2,261 $26,355 $26,355 $0
2019 $2,219 $26,325 $26,325 $0
2018 $2,163 $22,755 $22,755 $0
2017 $2,099 $20,040 $20,040 $0
2016 $2,084 $16,695 $16,695 $0
2015 $2,135 $14,288 $14,288 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4818881

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-001