NOT LISTED FOR SALE

2700 S Mill Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $2,683,449

Studio
-- Bath
5,221 Sq Ft
$514/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2017

Last sale price $1,200,000 $230 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $16,000 / mo

1295 Days on Market

Highlights

  • 0.86 Acre Lot
  • Community Kitchen
  • Carpet
  • Broadmor Elementary School Rated 9+
  • Central Air
  • Heating Available

About This Home

As of August 2017

**Great opportunity for a free standing neighborhood restaurant on nearly a one acre lot on Mill Ave ** Long time family operation includes all FF&E along with a load of ''Good Will'' established over generations (since 1947, this location since 1989)** Liquor license purchased separate - negotiable ** 120 occupancy ** nice patio with fireplace ** Beautiful skylights throughout ** Fireplace in lounge ** Hostess station and waiting area **

Last Agent to Sell the Property

Rick Padelford

Realty Executives Arizona Territory License #SA030962000 Listed on: 11/07/2013

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,236

Year Built

  • Built in 1979

Lot Details

  • 37,287 Sq Ft Lot
  • Property is zoned CSS

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,221 Sq Ft Home
  • Carpet

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Nu Vista 5, Lots 259 328, 392+ Subdivision
  • Community Kitchen
  • Operating Expense $18,236

Listing and Financial Details

  • Tax Lot K
  • Assessor Parcel Number 133-50-085-K

Property Details

Property Type

Other

Est. Annual Taxes

$18,236

Year Built

Built in 1979

Lot Details

0.86 Acres

Listing Details

  • Cross Street: Mill and Southern
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: CSS
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2012
  • Lot Size Acres: 0.86
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Nu Vista 5, Lots 259-328, 392+
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: K
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 5221.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Other, Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 37287.0
  • Parcel #: 133-50-085-K

Multi Family

  • Annual Operating Expense: 18236.0

Tax Info

  • Tax Annual Amount: 18236.0
  • Tax Book Number: 133.00
  • Tax Lot: K
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
2700 S Mill Avenue Llc
Bought by
Eq Scott And Congress Llc
Current Estimated Value
$2,683,449

Purchase Details

Closed on
Oct 30, 2019
Sold by
Aberdeen Investment Advisors Llc
Bought by
2700 S Mill Avenue Llc

Purchase Details

Listed on
Nov 7, 2013
Closed on
Aug 28, 2017
Sold by
Stagner Debra L and Riazzi James R
Bought by
Geryol Briggs Llc
Seller's Agent
Rick Padelford
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$1,252,300
Interest Rate
3.96%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Eq Scott And Congress Llc $2,830,168 First American Title
2700 S Mill Avenue Llc $2,725,000 Thomas Title & Escrow
Geryol Briggs Llc $1,255,000 Commonwealth Land Title Comp
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
Previous Owner Geryol Briggs Llc $1,252,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $1,200,000 0.0% $230 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
11/05/2013 11/05/13 For Sale $1,200,000 -- $230 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $17,732 $147,938 -- --
2024 $17,395 $145,296 -- --
2023 $17,395 $320,977 $185,164 $135,813
2022 $17,177 $201,478 $73,588 $127,890
2021 $17,790 $208,008 $75,690 $132,318
2020 $17,249 $210,834 $76,842 $133,992
2019 $16,922 $197,136 $69,030 $128,106
2018 $16,502 $197,784 $70,344 $127,440
2017 $16,011 $125,370 $65,142 $60,228
2016 $15,898 $113,364 $56,646 $56,718
Source: Public Records

Agents Affiliated with this Home

  • Rick Padelford

    Seller's Agent in 2017

    Rick Padelford

    Realty Executives

    (602) 690-9120

    20 Total Sales

    Rick Padelford
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5026911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-50-085K

Arizona Maricopa County Tempe 85282 Alameda

2700 S Mill Ave, 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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