NOT LISTED FOR SALE

2034 E Southern Ave Unit G Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $5,245,758

-- Bed
-- Bath
27,396 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $850 $0 Per Sq Ft

Est. 617,048% increase in value since last sale

Current estimated payment $32,854/month

244 Days on Market

Highlights

  • 2.42 Acre Lot
  • Central Air
  • Heating Available

About This Home

As of May 2013

Southern Avenue Medical Center is a single-story office/medical building that is masonry block with painted stucco and Spanish tile roof accents. The property featrues quaint interior coutyards with mature landscaping. Parking is provided by surface and covered spaces at a healthy ration of 5.5 spaces per 1,000 square feet. Ample visitor parking found throughout the site. New Lease Rate: only $14.00/RSF net Electric and Janitorial. Available from 500 sq. ft up to 2100 sq. ft.

Last Listed By

Michael Wood

West USA Realty License #BR006078000 Listed on: 09/04/2012

West USA Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1978

Lot Details

  • 2.42 Acre Lot
  • Property is zoned RO

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heating Available

Community Details

  • Shalimar Estates Subdivision

Listing and Financial Details

  • Property Available on 8/30/12
  • Tax Lot 2
  • Assessor Parcel Number 133-47-002-F

Property Details

Property Type

Other

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: E Southern Ave & S Country Club Dr
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: RO
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 10906.0
  • Lease Info Annual Lse Prc P S F: 13.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-10
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Floor Location: Suites G
  • Lease Info Suite Size Avail Max: 779
  • Year Built: 1978
  • Tax Year: 2011
  • Directions: Located on Southern (Northside)between McClintock Road and the 101 Freeway in Tempe. Access to two major freeways lies 1/2 mile west of the Loop 101 and 1 mile from U.S. freeway.
  • Lot Size Acres: 2.42
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Shalimar Estates
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 105197.0
  • Additional Parcels: No
  • Parcel #: 133-47-002-F
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2012-08-30

Multi Family

  • Leasable Area: 779.0

Tax Info

  • Tax Annual Amount: 49820.0
  • Tax Book Number: 133.00
  • Tax Lot: 2
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2014
Sold by
Southern Hub Llc
Bought by
United Realty M T A Llc
Total Days on Market
244
Current Estimated Value
$5,245,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,617,000
Outstanding Balance
$1,239,290
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$4,014,449

Purchase Details

Closed on
Dec 28, 2011
Sold by
Rj 2034 Southernavenue Investors Llc
Bought by
Southern Hub Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2007
Sold by
Southern Avenue Medical Llc
Bought by
Rj 2034 Southern Avenue Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2001
Sold by
Mountain Valley Properties Inc
Bought by
Southern Avenue Medical Llc

Purchase Details

Closed on
Mar 9, 1999
Sold by
Holualoa Southern Avenue Medical Llc
Bought by
Kolar Richard

Purchase Details

Closed on
Mar 27, 1997
Sold by
Furuya Clarence O
Bought by
Holualoa Southern Avenue Medical Llc

Purchase Details

Closed on
Aug 29, 1996
Sold by
Furuya Lona L
Bought by
Furuya Clarence O and The Clarence O Furuya Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.2%

Range of Values:

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Average Value
Not Available
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
United Realty M T A Llc $2,303,000 Old Republic Title Agency
Southern Hub Llc $1,325,000 Magnus Title Agency
Rj 2034 Southern Avenue Investors Llc $530,000 Chicago Title Insurance Co
Southern Avenue Medical Llc $1,682,787 --
Southern Avenue Medical Llc $442,212 --
Kolar Richard -- --
Kolar Richard $2,125,000 Stewart Title & Trust
Holualoa Southern Avenue Medical Llc $1,422,000 Stewart Title & Trust
Furuya Clarence O -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open United Realty M T A Llc $1,617,000
Previous Owner Southern Hub Llc $1,050,000
Previous Owner Southern Hub Llc $510,000
Previous Owner Rj 2034 Southern Avenue Investors Llc $2,120,000
Previous Owner Furuya Clarence O $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $850 +9.1% $0 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $779 -- $0 / 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 $41,886 $362,592 -- --
2024 $42,635 $356,117 -- --
2023 $42,635 $866,371 $374,204 $492,167
2022 $42,100 $631,698 $163,450 $468,248
2021 $43,602 $650,142 $168,120 $482,022
2020 $42,278 $612,252 $173,538 $438,714
2019 $41,476 $538,722 $152,046 $386,676
2018 $40,446 $597,510 $190,134 $407,376
2017 $39,242 $419,670 $176,058 $243,612
2016 $38,966 $357,732 $153,090 $204,642
2015 $38,465 $308,266 $116,513 $191,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4813529

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-47-002F