James Leonard (Jase)
Realty ONE Group
(779) 256-6043
287 Total Sales
1 in Alameda
$445,000 Price
1917 E Broadway Rd Tempe, AZ 85282
Alameda Neighborhood
Studio
--
Baths
2,338
Sq Ft
8,930
Sq Ft Lot
Highlights
- Heated Community Pool
- Vinyl Flooring
- Heating Available
- On-Site Manager or Management
About This Home
As of October 2020Situated along the frontage of Broadway Road in the heart of Tempe and the
southeast valley of Metro Phoenix, The Harlow presents a rare opportunity to
acquire a low-density 27-unit, completely renovated, luxury one- and two-story
apartment community that provides today's renters with a truly unique rental
experience. Built in 1963 using block construction, The Harlow consists of
20,550 square feet of rental space with an 761 square foot per unit average.
The property is individually metered for utilities with (19) two-bedroom
townhouse style units, (2) two-bedroom/two-bathroom units and (6)
one-bedroom/one-bathroom units. Each townhouse apartment has an open concept floor plan with expansive
nine-foot ceilings, quartz countertops, stainless steel appliances, custom
cabinetry, full-size side-by-side washers and dryers, wood plank flooring
throughout, designer paint, and many other luxury home touches.The extensive
property renovations include all new roofs, dual-pane doors and windows.
Other amenities include: ample parking, secure community with code entry
gates, enclosed dog park and swimming pools.The property also enjoys an
onsite management office allowing for convenient coordination with current
and prospective tenants.
Last Agent to Sell the Property
Munroe Multifamily License #BR512795000 Listed on: 01/28/2020
Last Buyer's Agent
Royce Munroe
ABI Multifamily License #BR512795000
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,012
Year Built
- Built in 1963
Lot Details
- 8,930
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Parking
- 40 Open Parking Spaces
- 41 Parking Spaces
- 1 Covered Space
Utilities
- Cooling Available
- Heating Available
Additional Features
- Vinyl Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 133-51-067-B
Community Details
Overview
- 5 Buildings
- 27 Units
- Building Dimensions are unknown
Recreation
- Heated Community Pool
Building Details
- Operating Expense $83,944
- Gross Income $420,925
- Net Operating Income $323,972
Security
- On-Site Manager or Management
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 17, 2023
Sold by
Harlow Multifamily Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,099,000
Outstanding Balance
$3,125,374
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 28, 2020
Closed on
Oct 22, 2020
Sold by
1917 Broadway Partners Llc
Bought by
Harlow Multifamily Llc
Seller's Agent
Royce Munroe
Munroe Multifamily
Buyer's Agent
Royce Munroe
Munroe Multifamily
List Price
$5,250,000
Sold Price
$4,975,000
Premium/Discount to List
-$275,000
-5.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,099,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 5, 2015
Sold by
Country Club Tempe Llc
Bought by
Country Club Tempe Apts Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,613,000
Interest Rate
3.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2007
Sold by
Tempe Country Club Apartments Llc
Bought by
Country Club Tempe Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 1997
Sold by
Armenta Bob H and The Armenta Family Trust
Bought by
Armenta Bob H and The Armenta Family Decedents B
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Alameda, AZ
-
James Leonard (Jase)
-
Kat Deist-Zemar
Kat Deist-Zemar
Realty ONE Group
(844) 325-8728
85 Total Sales
1 in Alameda
$305,000 Price
-
Kimberly Childs
Kimberly Childs
Responds QuicklyeXp Realty
(888) 623-3426
105 Total Sales
1 in Alameda
$290,000 Price
-
Monica Astorga
Monica Astorga
Realty ONE Group
(623) 299-2556
89 Total Sales
1 in Alameda
$500,000 Price
-
Todd Ninneman
Todd Ninneman
Responds QuicklyREMAX SUMMIT PROPERTIES
(623) 257-8998
93 Total Sales
1 in Alameda
$515,000 Price
-
Danica Dunn
Danica Dunn
My Home Group Real Estate
(623) 257-8931
93 Total Sales
1 in Alameda
$687,500 Price
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 |
|---|---|---|---|
| $6,100,000 | Thomas Title & Escrow Llc | ||
| Country Club Tempe Apts Llc | $2,150,000 | Chicago Title Agency Inc | |
| Country Club Tempe Llc | $2,035,000 | Capital Title Agency Inc | |
| Tempe County Club Apartments Llc | $1,320,000 | Chicago Title Insurance Co | |
| Armenta Bob H | -- | -- | |
| Moore Kenneth R | -- | Old Republic Title Agency |
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 |
|---|---|---|---|
| Open | $4,099,000 | ||
| Previous Owner | Country Club Tempe Apts Llc | $1,613,000 | |
| Previous Owner | Country Club Tempe Llc | $1,500,000 | |
| Previous Owner | Tempe County Club Apartments Llc | $924,000 |
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 |
|---|---|---|---|---|
| 10/27/2020 10/27/20 | Sold | $4,975,000 | -5.7% | $2,128 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 02/26/2020 02/26/20 | Price Changed | $5,275,000 | -8.3% | $2,256 / Sq Ft |
| 02/21/2020 02/21/20 | Price Changed | $5,750,000 | +9.5% | $2,459 / Sq Ft |
| 01/28/2020 01/28/20 | For Sale | $5,250,000 | -- | $2,246 / 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 | $11,614 | $96,900 | ||
| 2024 | $10,724 | $92,285 | ||
| 2023 | $10,724 | $374,640 | $67,720 | $306,920 |
| 2022 | $10,286 | $248,040 | $44,830 | $203,210 |
| 2021 | $10,357 | $253,080 | $45,740 | $207,340 |
| 2020 | $10,043 | $214,190 | $38,710 | $175,480 |
| 2019 | $9,853 | $178,590 | $32,280 | $146,310 |
| 2018 | $9,608 | $160,360 | $28,980 | $131,380 |
| 2017 | $9,322 | $146,220 | $26,430 | $119,790 |
| 2016 | $9,256 | $110,420 | $19,960 | $90,460 |
| 2015 | $8,890 | $86,490 | $15,630 | $70,860 |
Source: Public Records
Agents Affiliated with this Home
-
Royce Munroe
RM
Seller's Agent in 2020
Royce Munroe
Munroe Multifamily
(480) 221-5449
1 in this area
43 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6029583
APN: 133-51-105
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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