NOT LISTED FOR SALE

1865 E 3rd St Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $1,234,870

1 Bed
-- Bath
7,808 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $800,000 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,793/month

43 Days on Market

About This Home

As of January 2020

• +/- 7,808 Total Building SF
• For Sale: $820,000.00 ($105.00 PSF)
• Option for Seller Carry
• Three (3) Freestanding Buildings
• +/- 27,362 SF Lot
• 100% AC Cooled
• GID Zoning
• Heavy Power - Phase 3, 120/240V, 320 Amps
• Seven (7) Total Bathrooms
• Dock High Roll Up Doors
• Covered Parking Available
• Desirable Tempe Location - Easy Access to Loops 101 and 202

Last Listed By

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 11/20/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,468

Year Built

  • Built in 1979

Lot Details

  • 0.63 Acre Lot
  • Property is zoned GID

Home Design

  • 7,808 Sq Ft Home

Parking

  • 20 Open Parking Spaces
  • 25 Parking Spaces
  • 5 Covered Spaces
  • Paved Parking

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 132-41-027-A

Community Details

Overview

  • 3 Buildings
  • Tri City Industrial Area Subdivision

Building Details

  • Operating Expense $10,468

Property Details

Property Type

Other

Est. Annual Taxes

$10,468

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: E 3rd St &
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: GID
  • Number Of Buildings: 3
  • Ownership: Other (See Remarks)
  • Year Built: 1979
  • Tax Year: 2019
  • Lot Size Acres: 0.63
  • Subdivision Name: TRI CITY INDUSTRIAL AREA
  • Structure Type: Industrial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 7808.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 27362.0
  • Parcel #: 132-41-027-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10468.0

Tax Info

  • Tax Annual Amount: 10468.0
  • Tax Book Number: 132.00
  • Tax Lot: 24
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 23, 2020
Sold by
Further South Llc
Bought by
Third St Properties Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Nicole Perkins
HomeSmart
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Total Days on Market
43
Current Estimated Value
$1,234,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,870
Avg. Annual Appreciation
8.42%
Original Mortgage
$500,000
Outstanding Balance
$448,413
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$783,578

Purchase Details

Closed on
Jun 10, 2003
Sold by
Third Street Llc
Bought by
Further South Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.53%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Third St Properties Llc $800,000 First American Title Ins Co
Further South Llc $480,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Third St Properties Llc $500,000
Previous Owner Further South Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $800,000 -2.4% $102 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $820,000 -- $105 / 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 $10,571 $91,510 -- --
2024 $10,760 $89,876 -- --
2023 $10,760 $230,741 $139,536 $91,205
2022 $10,625 $124,915 $78,995 $45,920
2021 $11,004 $122,058 $69,930 $52,128
2020 $10,670 $119,754 $50,742 $69,012
2019 $10,468 $107,514 $43,866 $63,648
2018 $10,208 $96,984 $32,130 $64,854
2017 $9,904 $82,584 $31,194 $51,390
2016 $9,834 $75,762 $27,846 $47,916
2015 $9,708 $74,870 $22,533 $52,337
Source: Public Records

Agents Affiliated with this Home

  • Tanner Milne

    Seller's Agent in 2020

    Tanner Milne

    The Menlo Group Commercial Real Estate

    (480) 282-2225

    Section Image
  • Nicole Perkins

    Buyer's Agent in 2020

    Nicole Perkins

    HomeSmart

    (480) 889-3700

    11 Total Sales

    Nicole Perkins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6006921

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-41-027A

Arizona Maricopa County Tempe 85281 Apache

1865 E 3rd St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1865 E 3rd St, Tempe, AZ 85281 since 20 November 2019 and is currently estimated at $1,234,870, approximately $158 per square foot. This property was built in 1979. 1865 E 3rd St is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

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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