NOT LISTED FOR SALE

Estimated Value: $668,631

-- Bed
-- Bath
2,800 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 01, 2024

Last sale price $7,902 $3 Per Sq Ft

Est. 8,362% increase in value since last sale

Current estimated payment $4,276/month

29 Days on Market

Highlights

  • 0.35 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air
  • Partially Fenced Property

About This Home

As of June 2024

Built for medical practice. Many rooms have plumbing. reception, two rest rooms, 14 examination rooms, many windowless rooms. Monument sign on Rural rd, Lighted intersection, close to ASU. Suitable for veterinary doctor too.

Last Agent to Sell the Property

Sid Chalasani

Icon Realty Brokers License #BR525692000 Listed on: 05/02/2024

Last Buyer's Agent

Sid Chalasani

Icon Realty Brokers License #BR525692000 Listed on: 05/02/2024

Property Details

Property Type

  • Other

Year Built

  • Built in 1995

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Property is zoned RO

Home Design

  • 2,800 Sq Ft Home
  • Metal Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Reception Area

Listing and Financial Details

  • Property Available on 5/1/24
  • Tenant pays for trash collection, electricity, exterior repair, water, sewer, fire insurance-bldg, contents insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Assessor Parcel Number 133-27-042-A

Property Details

Property Type

Other

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Cross Street: Rural Rd and Broadway Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: RO
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 5.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 0
  • Year Built: 1995
  • Tax Year: 2023
  • Directions: Map is accurate
  • Lot Size Acres: 0.35
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 2800.0

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Construction Type: Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 19.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:Paved Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 15115.0
  • Additional Parcels: No
  • Parcel #: 133-27-042-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-05-01

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Exterior Repair, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN, Deposit Required
  • Leasable Area: 2800.0

Tax Info

  • Tax Annual Amount: 9093.0
  • Tax Book Number: 133.00
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Wilcox Rock L and Wilcox Judy A
Bought by
Reachus Llc
Current Estimated Value
$668,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$479,307
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$194,594

Purchase Details

Closed on
Nov 13, 2006
Sold by
Chrisagis John N
Bought by
Wilcox Rock L and Wilcox Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,230
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 1994
Sold by
City Of Tempe
Bought by
Chrisagis John
Source: Public Records

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
Reachus Llc $650,000 Chicago Title Agency Inc
Wilcox Rock L $554,700 Tsa Title Agency
Chrisagis John -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reachus Llc $520,000
Previous Owner Wilcox Rock L $499,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Sold $7,902 0.0% $3 / Sq Ft
05/21/2024 05/21/24 Price Changed $7,902 +58.0% $3 / Sq Ft
05/02/2024 05/02/24 For Sale $5,000 -- $2 / 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 $8,934 $77,335 -- --
2024 $9,093 $75,954 -- --
2023 $9,093 $126,820 $73,899 $52,921
2022 $8,979 $93,731 $44,293 $49,438
2021 $9,300 $96,282 $45,558 $50,724
2020 $9,017 $91,602 $45,594 $46,008
2019 $8,846 $80,964 $40,806 $40,158
2018 $8,626 $80,352 $41,220 $39,132
2017 $8,370 $77,940 $38,160 $39,780
2016 $8,311 $66,258 $33,192 $33,066
2015 $8,204 $55,519 $24,772 $30,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6699431

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-27-042A