R
Seller's Agent in 2025
Reuben Nach
R.O.I. Properties
4325 S 48th St Tempe, AZ 85282
West Tempe Neighborhood
--
Bed
--
Bath
9,657
Sq Ft
0.92
Acres
Highlights
- 0.92 Acre Lot
- Concrete Flooring
- 3-minute walk to Svob Park
- Central Air
- Heating Available
About This Home
As of May 2025The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways.
Last Agent to Sell the Property
R.O.I. Properties License #SA687040000 Listed on: 05/12/2025
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Property Type
- Other
Est. Annual Taxes
- $21,370
Year Built
- Built in 1988
Lot Details
- 0.92 Acre Lot
- Property is zoned CSS
Home Design
- Built-Up Roof
- Block Exterior
Interior Spaces
- 9,657 Sq Ft Home
- Concrete Flooring
Parking
- 49 Parking Spaces
- 49 Covered Spaces
- Free Parking
Utilities
- Central Air
- Heating Available
Community Details
- Building Dimensions are 297.62 x 160.22 x 238.56 x 28.2 x 136.23
- Knoell Garden Groves Unit 3 Subdivision
Listing and Financial Details
- Tax Lot TRACT A
- Assessor Parcel Number 123-27-354
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2025
Closed on
May 12, 2025
Sold by
Tempe Plaza Llc
Bought by
Tempe Marquez Llc
Seller's Agent
Reuben Nach
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Total Days on Market
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.08%
Original Mortgage
$1,300,000
Outstanding Balance
$1,300,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$194,851
Purchase Details
Listed on
May 12, 2025
Closed on
May 5, 2025
Sold by
Nona Basil
Bought by
Tempe Plaza Llc
Seller's Agent
Reuben Nach
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,300,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$194,851
Purchase Details
Listed on
Jan 7, 2019
Closed on
Mar 14, 2019
Sold by
Rma Vineyard Llc
Bought by
Nona Basil
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Mike Darmo
American Realty Brokers
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$650,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 20, 2010
Sold by
Ascher Ralph
Bought by
Rma Vineyard Llc
Purchase Details
Closed on
Nov 3, 2009
Sold by
Ascher Marietta
Bought by
Ascher Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,262
Interest Rate
5.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 29, 2009
Sold by
Tuckershaq Llc
Bought by
Ascher Ralph and Via Appia Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,262
Interest Rate
5.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2007
Sold by
Vineyard 48 Llc
Bought by
Tuckershaq Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 14, 2005
Sold by
Corpus Commercial Properties Llc
Bought by
Vineyard 48 Llc
Purchase Details
Closed on
Dec 26, 2002
Sold by
Plaza Properties Inc
Bought by
Corpus Christopher P and Corpus Lindis N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 26, 1994
Sold by
Lang Larry Xiaoming and Hellon Michael T
Bought by
Plaza Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,711
Interest Rate
8.7%
Mortgage Type
Assumption
Purchase Details
Closed on
Jan 13, 1994
Sold by
Abramson Irwin W and Abramson Barbara L
Bought by
Lang Larry Xiaoming and Hellon Michael T
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,900,000 | Commonwealth Land Title | |
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $950,000 | Chicago Title Agency Inc | |
| Special Warranty Deed | -- | First American Title Insuran | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | $1,000,000 | First American Title Insuran | |
| Special Warranty Deed | $1,690,000 | Chicago Title Insurance Comp | |
| Special Warranty Deed | $1,150,000 | Land Title Agency Of Az Inc | |
| Warranty Deed | -- | Land Title Agency Of Az Inc | |
| Special Warranty Deed | $645,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $260,000 | Fidelity Title | |
| Cash Sale Deed | $225,000 | Transamerica Title Ins Co | |
| Cash Sale Deed | $225,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | New Conventional | |
| Closed | $1,430,000 | Construction | |
| Previous Owner | $473,509 | New Conventional | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $658,262 | Commercial | |
| Previous Owner | $460,000 | Commercial | |
| Previous Owner | $878,000 | Commercial | |
| Previous Owner | $550,000 | Commercial | |
| Previous Owner | $750,000 | Unknown | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $60,711 | Assumption | |
| Previous Owner | $140,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $1,900,000 | -2.6% | $197 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $1,950,000 | 0.0% | $202 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $1,950,000 | +105.3% | $202 / Sq Ft |
| 03/19/2019 03/19/19 | Sold | $950,000 | -13.6% | $98 / Sq Ft |
| 01/23/2019 01/23/19 | Pending | -- | -- | -- |
| 01/07/2019 01/07/19 | For Sale | $1,100,000 | +15.8% | $114 / Sq Ft |
| 01/02/2019 01/02/19 | Off Market | $950,000 | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $1,100,000 | -- | $114 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $20,995 | $181,745 | -- | -- |
| 2024 | $21,370 | $178,499 | -- | -- |
| 2023 | $21,370 | $175,151 | $56,899 | $118,252 |
| 2022 | $22,419 | $213,343 | $98,875 | $114,468 |
| 2021 | $23,219 | $213,336 | $92,952 | $120,384 |
| 2020 | $22,514 | $211,896 | $88,920 | $122,976 |
| 2019 | $22,087 | $243,900 | $123,498 | $120,402 |
| 2018 | $21,539 | $213,030 | $92,538 | $120,492 |
| 2017 | $20,898 | $195,246 | $85,680 | $109,566 |
| 2016 | $20,750 | $179,622 | $79,326 | $100,296 |
| 2015 | $20,484 | $141,525 | $64,232 | $77,293 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2025
Aaron Gutierrez
R.O.I. Properties
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
-
S
Seller's Agent in 2019
Steve McKamey
Pro Star Realty
-
J
Seller Co-Listing Agent in 2019
Janet Fiala
Pro Star Realty
-
M
Buyer's Agent in 2019
Mike Darmo
American Realty Brokers
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6851451
APN: 123-27-354
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.
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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