NOT LISTED FOR SALE

442 E Southern Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $366,794

Studio
-- Bath
1,547 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $257,000 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,146/month

25 Days on Market

About This Home

As of May 2020

Welcoming single-story office building – priced to sell – located close to Downtown Tempe, ASU, multiple shopping centers, beautiful surrounding neighborhoods, and other business centers. This building offers plenty of parking located in the fenced plaza. The low owner association fee includes common landscape maintenance. Schedule a viewing today!

Last Agent to Sell the Property

Kevin McGowin

Go Win Property Management License #BR687250000 Listed on: 02/03/2020

Last Buyer's Agent

Susan McCall

Commercial Property Connect License #BR552939000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1982

Lot Details

  • 8,209 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned RO

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • Carpet

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Heating Available

Community Details

  • Southern Ave Garden Offices Subdivision
  • Operating Expense $4,541

Listing and Financial Details

  • Assessor Parcel Number 133-28-472

Property Details

Property Type

Other

Est. Annual Taxes

$2,777

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: SOUTHERN AVE BTWN MILL/RURAL
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: RO
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Lot Size Acres: 0.19
  • Subdivision Name: SOUTHERN AVE GARDEN OFFICES
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 1547.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood, Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 8209.0
  • Parcel #: 133-28-472
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4541.0

Tax Info

  • Tax Annual Amount: 2777.0
  • Tax Book Number: 133.00
  • Tax Lot: 0
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
May 4, 2020
Sold by
Lel Hairong and Liu Dongxia
Bought by
442 Couthrn Ave Llc
Seller's Agent
Kevin McGowin
Go Win Property Management
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$262,000
Sold Price
$257,000
Premium/Discount to List
-$5,000
-1.91%
Current Estimated Value
$366,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,794
Avg. Annual Appreciation
6.44%
Original Mortgage
$197,000
Outstanding Balance
$100,757
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$266,885

Purchase Details

Listed on
Nov 23, 2014
Closed on
Jun 7, 2015
Sold by
Onan Investments Llc
Bought by
Lei Hairong and Liu Dongxia
Seller's Agent
Michael Wood
West USA Realty
Buyer's Agent
Arnold Hickey
Phx Pro Realty
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Weybright Dennis W
Bought by
Onan Investments Llc

Purchase Details

Closed on
Jun 10, 1994
Sold by
Somers Michael R and Somers Carol J
Bought by
Weybright Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
442 Couthrn Ave Llc $25,000 Dhi Title Agency
Lei Hairong $175,000 Grand Canyon Title Agency
Onan Investments Llc -- --
Weybright Dennis W $112,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 442 Couthrn Ave Llc $197,000
Previous Owner Weybright Dennis W $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2020 05/04/20 Sold $257,000 -1.9% $166 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $262,000 +49.7% $169 / Sq Ft
06/15/2015 06/15/15 Sold $175,000 -7.9% $113 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Pending -- -- --
11/22/2014 11/22/14 For Sale $190,000 -- $123 / 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 $2,909 $24,273 -- --
2024 $2,854 $23,840 -- --
2023 $2,854 $69,139 $35,411 $33,728
2022 $2,818 $40,513 $26,723 $13,790
2021 $2,919 $40,968 $27,486 $13,482
2020 $2,830 $39,600 $27,306 $12,294
2019 $2,777 $37,692 $21,762 $15,930
2018 $2,708 $33,948 $18,414 $15,534
2017 $2,627 $26,874 $17,046 $9,828
2016 $2,609 $27,450 $14,832 $12,618
2015 $2,575 $17,446 $6,827 $10,619
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kevin McGowin

    Go Win Property Management

    (480) 496-9001

    2 in this area

    44 Total Sales

    Kevin McGowin
    Section Image

  • S

    Buyer's Agent in 2020

    Susan McCall

    Commercial Property Connect

    Section Image
  • Michael Wood

    Seller's Agent in 2015

    Michael Wood

    West USA Realty

    (602) 790-0190

    2 Total Sales

    Michael Wood
    Section Image
  • Arnold Hickey

    Buyer's Agent in 2015

    Arnold Hickey

    Phx Pro Realty

    (602) 777-1020

    166 Total Sales

    Arnold Hickey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6032162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-28-472

Arizona Maricopa County Tempe 85282 Alameda

442 E Southern Ave, Tempe, AZ

Not Listed for Sale

Other

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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