NOT LISTED FOR SALE

1445 E Guadalupe Rd Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $1,956,048

-- Bed
-- Bath
9,583 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $725,000 $76 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $11,602/month

110 Days on Market

Highlights

  • Gated Community
  • 0.6 Acre Lot
  • Partially Fenced Property
  • Kyrene del Norte School Rated A-
  • Community Kitchen
  • Heat Pump System

About This Home

As of October 2017

A well maintained two story office building with ample parking of which 50% is covered. Building is gated on all entrances with security system. 7,812 SF of rent-able space of which approximately 40% is presently leased. The center court yard yields a very comfortable setting for eating or just having a quiet moment in the work day. The common rest rooms were renovated in 2013 and are keyed for the clients safety and prevent intrusions. All of the vacant suites were updated in August of 2014 and February 2015.

All of the suites are separately metered and each tenant obtains their own contract with the utilities companies for service. There are 14 A/C units and all are maintained by a professional HVAC contractor on a semi-annual basis.

Last Agent to Sell the Property

Bill Nanney

Keller Williams Realty Sonoran Living License #SA632167000 Listed on: 05/10/2017

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Bill Nanney

Keller Williams Realty Sonoran Living License #SA632167000 Listed on: 05/10/2017

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,918

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R/O Tempe

Home Design

  • 9,583 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Parking

  • 32 Parking Spaces
  • 16 Covered Spaces

Utilities

  • Heat Pump System
  • 220 Volts
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 301-48-971-E

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $39,423
  • Gross Income $47,153
  • Net Operating Income $31,050

Additional Features

  • Bradley Place 2 Lot 300 474 Tr A Subdivision
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$15,918

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: Guadalupe Rd and Juniper Ave
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: R/O Tempe
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 1988
  • Tax Year: 2015
  • Directions: I-10 to Route 60 East, exit McClintock Rd, Go South on McClintock to Guadalupe Rd, Go west on Guadalupe Rd and Location is 1/2 mile on the left.
  • Lot Size Acres: 0.6
  • Road Surface Type: Asphalt
  • Subdivision Name: BRADLEY PLACE 2 LOT 300-474 TR A
  • Structure Type: Office
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block, Partial
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 16.0
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, Submetered System, Underground, City Electric, SRP
  • Cooling: Heat Pump, Office A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Fiber Optic Availble, Security Gate
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Fiber Optic Availble: Yes

Fee Information

  • Trash Expense: 4800.0
  • Annual Water Sewer Expense: 2875.0

Lot Info

  • Lot Size Sq Ft: 26250.0
  • Additional Parcels: No
  • Parcel #: 301-48-971-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1055.0
  • Annual Gross Income: 47152.8
  • Insurance Expense: 1975.0
  • Maintenance Expense: 4400.0
  • Property Net Operating Income: 31050.0
  • Annual Operating Expense: 39423.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 15918.0
  • Tax Book Number: 301.00
  • Tax Lot: 1
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Palmark Investments Llc
Bought by
T Knowles Living Trust
Current Estimated Value
$1,956,048

Purchase Details

Closed on
May 1, 2023
Sold by
Palmark Investments Llc
Bought by
T Knowles Living Trust and Knowles

Purchase Details

Closed on
Jan 8, 2018
Sold by
Aba Office Corp Inc
Bought by
Palmark Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Kortemeier V Karl and The V K & C J Kortemeier Trust
Bought by
Aba Office Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 1994
Sold by
Kortemeier V Karl and Kortemeier Cecilia J
Bought by
Kortemeier V Karl and Kortemeier Cecilia J
Source: Public Records

Range of Values:

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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
T Knowles Living Trust $1,775,000 Chicago Title Agency
T Knowles Living Trust $1,775,000 Chicago Title Agency
Palmark Investments Llc $680,000 Infinity Title Agency Llc
Aba Office Corp Inc $440,000 Transamerica Title Ins Co
Kortemeier V Karl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmark Investments Llc $90,000
Previous Owner Palmark Investments Llc $450,000
Previous Owner Aba Office Corp Inc $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $725,000 -12.1% $76 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $825,000 +13.8% $86 / Sq Ft
05/10/2017 05/10/17 For Sale $725,000 -- $76 / 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 $15,267 $140,420 -- --
2024 $15,314 $137,584 -- --
2023 $15,314 $155,750 $68,438 $87,312
2022 $14,730 $165,253 $56,955 $108,298
2021 $15,449 $139,046 $58,464 $80,582
2020 $15,104 $128,090 $59,453 $68,637
2019 $14,653 $119,502 $53,608 $65,894
2018 $14,202 $114,440 $44,900 $69,540
2017 $13,652 $105,989 $41,578 $64,411
2016 $14,503 $106,227 $36,789 $69,438
2015 $15,918 $125,839 $26,290 $99,549
Source: Public Records

Agents Affiliated with this Home

  • Bill Nanney

    Seller's Agent in 2017

    Bill Nanney

    Keller Williams Realty Sonoran Living

    (480) 686-1440

    4 Total Sales

    Bill Nanney
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5603084

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-48-971E

Arizona Maricopa County Tempe 85283 South Tempe

1445 E Guadalupe Rd, Tempe, AZ

This home is located at 1445 E Guadalupe Rd, Tempe, AZ 85283 since 10 May 2017 and is currently estimated at $1,956,048, approximately $204 per square foot. This property was built in 1988. 1445 E Guadalupe Rd is a home located in Maricopa County with nearby schools including Kyrene del Norte School, Kyrene de los Niños Elementary School, and Kyrene Middle 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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