Seller's Agent in 2024
Don Mortensen
LRA Real Estate Group, LLC
(480) 526-5644
7 in this area
123 Total Sales
1811 E Apache Blvd Unit 114 Tempe, AZ 85281
Apache NeighborhoodEstimated Value: $126,188,412
--
Bed
--
Bath
570,052
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- 4.26 Acre Lot
- 2-minute walk to Mcclintock Dr/Apache Blvd
- Heat Pump System
- Central Air
- Carpet
About This Home
As of December 2024Incredible opportunity to open a retail location along the light rail (across the street from the McClintock/Apache station) on the bottom floor of a 408-unit apartment complex. Property has four suites for immediate occupancy with excellent frontage along Apache Blvd and McClintock Rd. Plenty of FREE parking on site with ease of access from the parking garage. Clients will not have to pay to park nor have trouble finding your suite. Perfect for a drink user, professional services, fitness studio, art gallery, entertainment users, recreational users, and so much more.
Property Details
Property Type
- Other
Year Built
- Built in 2008
Lot Details
- 4.26 Acre Lot
- Additional Parcels
- Property is zoned MU-4
Home Design
- 570,052 Sq Ft Home
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Metal Siding
Flooring
- Carpet
- Vinyl
Parking
- 5 Parking Spaces
- 5 Covered Spaces
- Private Parking
- Free Parking
- Community Parking Structure
Utilities
- Central Air
- Heat Pump System
Community Details
- Mcclintock And Apache Park And Ride Subdivision
Listing and Financial Details
- Property Available on 2/21/24
- Tenant pays for trash collection, electricity, water, sewer, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, capital improvements, parking area maint, taxes
- Tax Lot 1
- Assessor Parcel Number 133-04-014-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2020
Sold by
City Of Tempe
Bought by
Tempe Aprtmentsacquisition Llc
Total Days on Market
215
Current Estimated Value
Purchase Details
Closed on
Aug 21, 2014
Sold by
Cjuf Iii Grigio Metro Llc
Bought by
Ch Realty Vi/Mf Tempe Grigio Metro Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 2, 2007
Sold by
City Of Tempe
Bought by
Tempe Transit Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
6.21%
Mortgage Type
Small Business Administration
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tempe Aprtmentsacquisition Llc | -- | None Available | |
| Ch Realty Vi/Mf Tempe Grigio Metro Llc | -- | First American Title | |
| Tempe Transit Llc | -- | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Access Al Lp | $76,500,000 | |
| Closed | Access Al Lp | $82,500,000 | |
| Previous Owner | Ch Realty Vi/Mf Tempe Grigio Metro Llc | $31,000,000 | |
| Previous Owner | Tempe Transit Llc | $7,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2024 12/01/24 | Sold | $2,400 | -4.0% | $0 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | For Sale | $2,500 | -- | $0 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $513,889 | $4,587,551 | -- | -- |
| 2024 | $507,693 | $4,369,096 | -- | -- |
| 2023 | $507,693 | $8,462,266 | $1,692,451 | $6,769,815 |
| 2022 | $486,993 | $6,066,900 | $1,213,380 | $4,853,520 |
Source: Public Records
Agents Affiliated with this Home
-
Don Mortensen
-
Bryan Mortensen
Seller Co-Listing Agent in 2024
Bryan Mortensen
LRA Real Estate Group, LLC
(602) 509-4835
1 in this area
93 Total Sales
-
David Zhao
D
Buyer's Agent in 2024
David Zhao
Dr Win Realty LLC
(480) 285-3660
1 in this area
44 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6667069
APN: 133-04-014A
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.
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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