NOT LISTED FOR SALE

448 E Southern Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $370,250

-- Bed
-- Bath
1,547 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $190,000 $123 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,220/month

295 Days on Market

Highlights

  • 0.39 Acre Lot
  • Computer Room
  • Heating Available
  • Meeting Room

About This Home

As of July 2014

Great Investment Property for Investor or for Owner Occupent. The possibilities for this amazing Office Building are endless. Prime Tempe location near Malls, Airport, ASU, and numerous freeways. Front Road to Southern. New Roof with 10 year warranty and Newer AC. Call Co Lister to show today! Beautifully maintained property.

Last Agent to Sell the Property

Michael Wood

West USA Realty License #BR006078000 Listed on: 09/03/2013

West USA Realty

Co-Listed By

Kelly Pedraza

West USA Realty License #SA525288000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1982

Lot Details

  • 0.39 Acre Lot
  • Block Wall Fence
  • Property is zoned R/O

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,547 Sq Ft Home
  • Computer Room

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 133-28-465

Community Details

Amenities

  • Meeting Room
  • Reception Area

Additional Features

  • Southern Avenue Garden Offices Subdivision
  • Operating Expense $3,364

Property Details

Property Type

Other

Est. Annual Taxes

$1,534

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: R/O
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2013
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wusa06
  • Co List Office Phone: 480-893-0600
  • Subdivision Name: SOUTHERN AVENUE GARDEN OFFICES
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Stucco, Block
  • Roof: See Remarks, Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • 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
  • Green Building Features: Conference Room, Reception Room, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes

Fee Information

  • Annual Water Sewer Expense: 200.0

Lot Info

  • Lot Size Sq Ft: 17176.0
  • Additional Parcels: No
  • Parcel #: 133-28-465
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 300.0
  • Insurance Expense: 1100.0
  • Annual Operating Expense: 3363.99

Tax Info

  • Tax Annual Amount: 1533.99
  • Tax Book Number: 133.00
  • Tax Lot: 0
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Pariva Andrew
Bought by
448 Southern Llc
Total Days on Market
295
Current Estimated Value
$370,250

Purchase Details

Closed on
Jun 29, 2018
Sold by
Pariva Liviana Lucia and Pariva Andrew
Bought by
Pariva Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2018
Sold by
Gingko Tree Inc
Bought by
Pariva Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 3, 2013
Closed on
Jul 14, 2014
Sold by
The 448 East Southern Avenue Llp
Bought by
Gingko Tree Inc
Seller's Agent
Michael Wood
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Kim Hyun Sook
Bought by
Tns Llc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Kim Hyun Sook
Bought by
Tns Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2003
Sold by
Maricopa Community Colleges Foundation
Bought by
Kim Hyun Sook

Purchase Details

Closed on
Jan 5, 1999
Sold by
Deutsch Linda
Bought by
The 448 East Southern Avenue Ltd Liabili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
448 Southern Llc -- None Listed On Document
Pariva Andrew -- Prestige Title & Escrow Agen
Pariva Andrew $235,000 Prestige Title & Escrow Agen
Gingko Tree Inc $190,000 Phoenix Title Agency Llc
Tns Llc $325,000 Ticor Title Agency Of Az Inc
Kim Hyun Sook $140,000 Security Title Agency
The 448 East Southern Avenue Ltd Liabili $270,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pariva Andrew $176,250
Previous Owner Tns Llc $260,000
Previous Owner The 448 East Southern Avenue Ltd Liabili $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $190,000 -9.5% $123 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $209,900 -- $136 / 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 $3,063 $26,517 -- --
2024 $3,118 $26,044 -- --
2023 $3,118 $75,599 $41,718 $33,881
2022 $3,079 $40,828 $29,540 $11,288
2021 $3,189 $41,238 $30,384 $10,854
2020 $3,092 $39,906 $30,186 $9,720
2019 $3,033 $38,070 $25,164 $12,906
2018 $2,958 $36,108 $21,762 $14,346
2017 $2,870 $28,566 $20,160 $8,406
2016 $2,850 $30,456 $17,532 $12,924
2015 $2,813 $18,963 $8,381 $10,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4992739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-28-465