NOT LISTED FOR SALE

Estimated Value: $1,157,413

Studio
-- Bath
4,321 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2025

Last sale price $1,185,000 $274 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,854 / mo

241 Days on Market

Highlights

  • Gated Community
  • 0.36 Acre Lot
  • Central Air
  • Broadmor Elementary School Rated 9+
  • Ceramic Tile Flooring
  • Multiple Heating Units

About This Home

As of February 2025

PRIME 2 OFFICE/RETAIL BUILDINGS ON 15,800 SF CORNER LOT, WITH 2 ACCESS POINTS, LOCATED IN SOUTH TEMPE, JUST 1/2 MILE NORTH OF US 60 AND ONLY MINUTES FROM ASU AND SKY HARBOR AIRPORT, WITH EXCELLENT TRAFFIC COUNT ON RURAL RD, WITH PRIVATE ON-SITE PARKING. BOTH BLDGS HAVE BEEN WELL MAINTAINED WITH BOTH TILE ROOFS RE-DONE IN 2017. CURRENTLY CONFIGURED INTO 3 SUITES, ALL HAVE SEPARATE HVAC SYSTEMS AND PRIVATE BATHS IN EACH OFFICE, BUILDINGS ARE MASTER METERED FOR ELECTIC AND WATER/SEWER/TRASH. ENJOY INSTANT INCOME-NO VACANCY HERE, ONE TENANT HAS 25+YEAR TENANCY, ALL PROFESSIONAL BUS., LEASE TERMS, 1 EXP IN SEPT. OF 2025 AND ONE IN FEB. OF 2026, ONE IN SEPT OF 2026, SELLER MAY CONSIDER CARRYBACK - OR CASH OR CONV FIN

Last Agent to Sell the Property

Gary Weller

Weller Realty & Management License #BR006009000 Listed on: 12/01/2024

Co-Listed By

Marilynn Dillard

Weller Realty & Management License #SA019797000

Last Buyer's Agent

James Park

Six Zero Two Real Estate Group LLC License #BR656994000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1973

Lot Details

  • 15,886 Sq Ft Lot
  • Property is zoned CSS

Home Design

  • 4,321 Sq Ft Home
  • Tile Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 17 Open Parking Spaces
  • 17 Parking Spaces
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Master Meter
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-28-001-Q

Community Details

Overview

  • 2 Buildings
  • Thompson Walker Tract Subdivision

Building Details

  • Operating Expense $7,240
  • Gross Income $78,520

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$7,240

Year Built

Built in 1973

Lot Details

0.36 Acres

Listing Details

  • Cross Street: RURAL RD/SOUTHERN AVE
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: CSS
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2023
  • Lot Size Acres: 0.36
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: wrmt01
  • Co List Office Phone: 480-345-2422
  • Subdivision Name: THOMPSON WALKER TRACT
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: Q
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 4321.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 17.0
  • Total Parking Spaces: 17.0
  • General Property Description:Uncvrd Parking Spcs: 17.0
  • General Property Description:Total Parking Spcs: 17.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 220 Volts, Master Meter, SRP
  • Cooling: Central A/C
  • Heating: 2 or More Units, Electric
  • Green Building Features: Security Gate
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 15886.0
  • Parcel #: 133-28-001-Q
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 78520.0
  • Annual Operating Expense: 7240.0

Tax Info

  • Tax Annual Amount: 7240.0
  • Tax Book Number: 133.00
  • Tax Lot: 1
  • Tax Map Number: 28.00

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

Listed on
Dec 1, 2024
Closed on
Feb 11, 2025
Sold by
Bought by
Seller's Agent
Gary Weller
Weller Realty & Management
Buyer's Agent
James Park
Six Zero Two Real Estate Group LLC
List Price
$1,400,000
Sold Price
$1,185,000
Premium/Discount to List
-$215,000
-15.36%
Views
34
Current Estimated Value
$1,157,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,587
Avg. Annual Appreciation
-1.73%
Original Mortgage
$829,500
Outstanding Balance
$824,571
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Estimated Equity
$332,842

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2002
Sold by
Bought by
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
$1,185,000 Teema Title & Escrow Agency
-- None Available
-- --
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 $829,500
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
02/13/2025 02/13/25 Sold $1,185,000 -15.4% $274 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
12/01/2024 12/01/24 Price Changed $1,400,000 0.0% $324 / Sq Ft
12/01/2024 12/01/24 For Sale $1,400,000 0.0% $324 / Sq Ft
06/14/2024 06/14/24 For Sale $1,400,000 -- $324 / 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 $7,380 $61,572 -- --
2024 $7,240 $60,473 -- --
2023 $7,240 $94,860 $63,512 $31,348
2022 $7,149 $105,700 $41,440 $64,260
2021 $7,404 $87,048 $42,624 $44,424
2020 $7,179 $76,932 $42,696 $34,236
2019 $7,043 $76,158 $34,560 $41,598
2018 $6,868 $70,560 $31,500 $39,060
2017 $6,664 $64,134 $29,178 $34,956
2016 $6,617 $60,174 $25,362 $34,812
2015 $6,532 $44,178 $23,828 $20,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6718928

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-28-001Q

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