NOT LISTED FOR SALE

4645 S Lakeshore Dr Unit 18 Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $185,861

Studio
-- Bath
14,881 Sq Ft
$12/Sq Ft Est. Value

Last Sold February 07, 2021

Last sale price $160,000 $11 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,133/month

71 Days on Market

About This Home

As of February 2021

Why rent office space when you can own or invest in one. Fantastic 1027 sq. ft. single level garden style condominium unit with 3 professional offices, reception lobby, bathroom, wetbar, storage and fireplace. Excellent for medical, legal, insurance, mortgage, title and real estate offices. The possibilities are endless. Great location with a quiet beautiful courtyard. Location is in highly sought after Tempe location near US 60 and 101 freeways off beautiful Lakeshore Drive. HOA covers landscaping, water and partial roof coverage. Come see your new office today!

Last Agent to Sell the Property

Kelly Pedraza

West USA Realty License #SA525288000 Listed on: 10/04/2020

West USA Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1984

Lot Details

  • 1,027 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 14,881 Sq Ft Home
  • Concrete Flooring

Parking

  • 36 Open Parking Spaces
  • 37 Parking Spaces
  • 1 Covered Space

Utilities

  • Heat Pump System

Community Details

  • Lakeshore Drive Office Condominiums Common Element Subdivision
  • Operating Expense $3,819

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-38-407

Property Details

Property Type

Other

Est. Annual Taxes

$1,994

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: HWY 60 & Rural Road
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Mixed Use, Office
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Lot Size Acres: 0.02
  • Road Surface Type: Asphalt
  • Subdivision Name: LAKESHORE DRIVE OFFICE CONDOMINIUMS COMMON ELEMENT
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Frame - Wood, Stucco
  • Roof: See Remarks, Tile, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 36.0
  • Total Parking Spaces: 37.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 36.0
  • General Property Description:Total Parking Spcs: 37.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Heat Pump, Office A/C
  • Heating: Heat Pump
  • Water Source: Community Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 1027.0
  • Additional Parcels: No
  • Parcel #: 133-38-407
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1200.0
  • Insurance Expense: 500.0
  • Annual Operating Expense: 3819.0
  • Vacancy Allowance Rate: 100.0
  • Leasable Area: 1027.0

Tax Info

  • Tax Annual Amount: 1994.0
  • Tax Book Number: 133.00
  • Tax Lot: 1
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Feb 26, 2021
Sold by
Myers Mark Steven and The Myers Family Trust B
Bought by
Big Holdings Llc
Seller's Agent
Kelly Pedraza
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%
Current Estimated Value
$185,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,861
Avg. Annual Appreciation
3.10%
Original Mortgage
$128,000
Outstanding Balance
$114,743
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$71,118

Purchase Details

Listed on
Oct 4, 2020
Closed on
Feb 23, 2021
Sold by
Myers Patricia Ann
Bought by
Myers Mark
Seller's Agent
Kelly Pedraza
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$114,743
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$71,118

Purchase Details

Closed on
Jan 23, 2003
Sold by
Myers Victor Vern and Myers Mae Beth
Bought by
Myers Victor V and The Myers Family Trust Trust B
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
Big Holdings Llc $160,000 Commonwealth Title
Myers Mark -- Commonwealth Title
Myers Victor V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Holdings Llc $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2021 02/07/21 Sold $160,000 -4.8% $11 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $168,000 -- $11 / 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 $2,050 $17,103 -- --
2024 $2,011 $16,798 -- --
2023 $2,011 $27,064 $5,406 $21,658
2022 $1,986 $25,463 $5,093 $20,370
2021 $2,057 $25,470 $5,094 $20,376
2020 $1,994 $26,280 $5,256 $21,024
2019 $1,956 $24,318 $4,860 $19,458
2018 $1,908 $21,006 $4,194 $16,812
2017 $1,851 $19,944 $3,978 $15,966
2016 $1,838 $19,476 $3,888 $15,588
2015 $1,814 $14,837 $2,960 $11,877
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly Pedraza

    West USA Realty

    (480) 238-4035

    1 in this area

    6 Total Sales

    Kelly Pedraza
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6141809

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-38-407

Arizona Maricopa County Tempe 85282 The Lakes

4645 S Lakeshore Dr Unit 18, 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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