NOT LISTED FOR SALE

1874 E Apache Blvd Unit 109 Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $4,388,106

Studio
-- Baths
8,701 Sq Ft
$504/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $1,500 $0 Per Sq Ft

Est. 292,440% increase in value since last sale

Current estimated payment $25,580 / mo

227 Days on Market

Highlights

  • 1.23 Acre Lot
  • 3-minute walk to Mcclintock Dr/Apache Blvd
  • Heating Available
  • Central Air

About This Home

As of May 2023

High traffic plaza with a distinct landmark design. Close to McClintock Light Rail Station, the Domain and Tempe Metro Residences. One mile from Arizona State University. Close to major freeways.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 09/28/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 1.23 Acre Lot
  • Property is zoned C-G

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Colonade Mall Subdivision

Listing and Financial Details

  • Property Available on 12/31/22
  • Tax Lot 1
  • Assessor Parcel Number 132-66-107

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

1.23 Acres

Listing Details

  • Cross Street: Price and Apache Boulevard
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-G
  • Current Use: Retail
  • Lease Info Annual Lease Price: 21600.0
  • Lease Info Annual Lse Prc P S F: 27.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Year Built: 1974
  • Tax Year: 2022
  • Lot Size Acres: 1.23
  • Subdivision Name: COLONADE MALL
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 53790.0
  • Additional Parcels: No
  • Parcel #: 132-66-107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2022-12-31

Multi Family

  • Leasable Area: 800.0

Tax Info

  • Tax Annual Amount: 17058.0
  • Tax Book Number: 132.00
  • Tax Lot: 1
  • Tax Map Number: 66.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Rca Holdings Llc
Bought by
Current Estimated Value
$4,388,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,910,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2012
Sold by
Salmi Rod and Salmi Marsi C
Bought by
Salmi Rod and Salmi Marsi C

Purchase Details

Closed on
Jun 22, 2007
Sold by
Hewett Jeremy
Bought by
Marshall Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,000
Interest Rate
6.21%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Apache, AZ

  • Tiffany Pettit Real Estate Agent - W and Partners, LLC

    Tiffany Pettit

    Responds Quickly

    W and Partners, LLC

    (623) 439-8970

    122 Total Sales

    1 in Apache

    $399,900 Price

    Tiffany Pettit
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  • Sean O'Carroll Real Estate Agent - Citiea

    Sean O'Carroll

    Citiea

    (888) 597-5034

    194 Total Sales

    1 in Apache

    $184,900 Price

    Sean O'Carroll
     Section Image
  • Lindsay Bingham Real Estate Agent - My Home Group Real Estate

    Lindsay Bingham

    My Home Group Real Estate

    (947) 216-2849

    59 Total Sales

    1 in Apache

    $455,000 Price

    Lindsay Bingham
     Section Image
  • Heidi Kory Real Estate Agent - The Arrow Agency

    Heidi Kory

    The Arrow Agency

    (855) 648-3235

    20 Total Sales

    2 in Apache

    $165K - $315K Price Range

    Heidi Kory
     Section Image
  • Cristen Corupe Real Estate Agent - Keller Williams Arizona Realty

    Cristen Corupe

    Keller Williams Arizona Realty

    (888) 606-5645

    87 Total Sales

    1 in Apache

    $305,000 Price

    Cristen Corupe
     Section Image
  • Grant Van Dyke Real Estate Agent - The Griffin

    Grant Van Dyke

    The Griffin

    (623) 323-6313

    108 Total Sales

    1 in Apache

    $272,450 Price

    Grant Van Dyke
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,400,000 Security Title Agency
Salmi Rod -- None Available
Marshall Elizabeth -- Chicago Title Insurance Co
Rca Holdings Llc $947,198 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,777,200
Closed Bedi Holdings Llc $1,821,000
Previous Owner Bedi Holdings Llc $1,910,000
Previous Owner Rca Hddings Llc $800,000
Previous Owner Rca Holdings Llc $871,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $1,500 -16.7% $0 / Sq Ft
09/27/2022 09/27/22 For Sale $1,800 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,819 $148,666
2024 $17,311 $145,288
2023 $17,311 $334,240 $244,446 $89,794
2022 $17,058 $231,277 $145,509 $85,768
2021 $17,578 $237,773 $148,781 $88,992
2020 $17,142 $223,547 $130,775 $92,772
2019 $16,817 $213,137 $120,563 $92,574
2018 $16,399 $192,408 $99,636 $92,772
2017 $15,820 $125,080 $87,748 $37,332
2016 $15,709 $109,536 $76,308 $33,228
2015 $15,519 $104,085 $78,814 $25,271
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen Real Estate Agent - LRA Real Estate Group, LLC

    Seller's Agent in 2023

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    6 in this area

    111 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6469654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-66-107

Arizona Maricopa County Tempe 85281 Apache

1874 E Apache Blvd Unit 109, Tempe, AZ

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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