NOT LISTED FOR SALE

2415 S Rural Rd Unit 1 Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $742,324

0.37 Acre
$2,006,281 Price per Acre
16,117 Sq Ft Lot

Last Sold December 01, 2022

Last sale price $700,000

Est. 6% increase in value since last sale

Current estimated payment $4,781/month

59 Days on Market

About This Lot

As of December 2022

Rural Road and Broadway is a rare commercial/residential opportunity located in the heart of Arizona State University and Downtown Tempe. Located 0.75 miles south of the main ASU campus, this prime 0.4 acre property is zoned within the R-O district, which permits new development at the residential scale, or conversion of residential structures for use as professional commercial offices or other limited service uses. It also permits continuation of residential uses or reconversions to residential uses. Currently set up as a medical/dental service, plans are in process (not submitted) for a commercial/residential mixed use development. Located on the Northeast corner of E Loma Vista Drive and South Rural Road, clocking over 50,000 cars per day, this is one of the premier locations for new development opportunities. All plans, architectural drawings and designs will convey with the sale. By Appointment Only!

Last Listed By

JW Richie

Compass License #BR660407000 Listed on: 09/25/2022

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,786

Year Built

  • 1969

Lot Details

  • 0.37 Acre Lot
  • Property is zoned RO/CT

Schools

  • Broadmor Elementary School
  • Tempe Academy Of International Studies Mckemy Campus Middle School
  • Tempe High School

Community Details

  • No Home Owners Association
  • Hughes Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-42-001

Property Details

Property Type

Land

Est. Annual Taxes

$7,786

Year Built

1969

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Other, See Remarks, Raw Land, Plans Available
  • Zoning: RO/CT
  • Tax Year: 2022
  • Lot Size Acres: 0.37
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: HUGHES ACRES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1969

Interior Features

  • Possible Use: Other, See Remarks, Single Family, Multi-Family, Commercial, Office

Exterior Features

  • Fencing: See Remarks
  • Disclosures: Other (See Rmks), None
  • Other Structures: Other, See Remarks

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Broadmor Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe Academy Of International Studies McKemy Campus

Lot Info

  • Lot Size: 82x160x98x141
  • Lot Size Sq Ft: 16143.0
  • Additional Parcels: No
  • Parcel #: 133-42-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7786.0
  • Tax Book Number: 133.00
  • Tax Lot: 1
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Bbb To Kkm Living Trust and Do Phuong T
Bought by
I Sq 2415 Rural Llc
Total Days on Market
59
Current Estimated Value
$742,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$512,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2022
Closed on
Dec 1, 2022
Sold by
Anderson & Leckie Properties Llc
Bought by
Bbb To Kkm Living Trust
Seller's Agent
JW Richie
Compass
Buyer's Agent
Robin Orscheln
Compass
List Price
$1,100,000
Sold Price
$700,000
Premium/Discount to List
-$400,000
-36.36%
Views
41

Purchase Details

Closed on
Mar 17, 2022
Sold by
Trader Holdings Llc
Bought by
Anderson & Leckie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2020
Sold by
Lines Brothers Land And Cattle Llc
Bought by
Trader Holdings Llc

Purchase Details

Closed on
Dec 24, 2019
Sold by
Lines Ruskin R
Bought by
Lines Brothers Land And Cattle Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
I Sq 2415 Rural Llc $1,000,000 First American Title Insurance
Bbb To Kkm Living Trust $700,000 Magnus Title
Anderson & Leckie Properties Llc $600,000 First American Title
Trader Holdings Llc $460,000 Clear Title Agency Of Az
Lines Brothers Land And Cattle Llc -- None Available
Lines Ruskin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sq 2415 Rural Llc $512,000
Closed Sq 2415 Rural Llc $409,600
Closed I Sq 2415 Rural Llc $423,000
Previous Owner Anderson & Leckie Properties Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $700,000 -20.0% --
11/03/2022 11/03/22 Price Changed $875,000 -10.3% --
10/14/2022 10/14/22 Price Changed $975,000 -11.4% --
09/25/2022 09/25/22 For Sale $1,100,000 -- --
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 $7,746 $67,058 -- --
2024 $7,885 $65,861 -- --
2023 $7,885 $119,799 $78,081 $41,718
2022 $7,786 $85,488 $46,305 $39,183
2021 $8,064 $87,696 $47,628 $40,068
2020 $7,819 $84,600 $47,700 $36,900
2019 $7,671 $75,330 $42,660 $32,670
2018 $7,480 $77,328 $43,416 $33,912
2017 $7,257 $66,510 $40,194 $26,316
2016 $7,206 $57,366 $34,956 $22,410
2015 $7,114 $47,601 $26,104 $21,497
Source: Public Records

Agents Affiliated with this Home

  • JW Richie

    Seller's Agent in 2022

    JW Richie

    Compass

    (480) 843-5101

    3 in this area

    45 Total Sales

    JW Richie
    Section Image
  • Robin Orscheln

    Seller Co-Listing Agent in 2022

    Robin Orscheln

    Compass

    (602) 380-8735

    3 in this area

    203 Total Sales

    Robin Orscheln
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6468821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-42-001

Arizona Maricopa County Tempe 85282 Alameda

2415 S Rural Rd Unit 1, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 2415 S Rural Rd Unit 1, Tempe, AZ 85282 since 25 September 2022 and is currently priced at $742,324. This property was built in 1969. 2415 S Rural Rd Unit 1 is a home located in Maricopa County with nearby schools including Joseph P. Spracale Elementary, Connolly Middle School, and McClintock High School.

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

Nearby Homes