NOT LISTED FOR SALE

4677 S Lakeshore Dr Unit Suite 1 Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $2,881,092

-- Bed
-- Bath
10,700 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 01, 2014

Last sale price $5,000 $0 Per Sq Ft

Est. 57,522% increase in value since last sale

Current estimated payment $17,533/month

364 Days on Market

About This Home

As of January 2014

This is an attactive single story office complex, garden-style offices with suites from 1131 sq.ft to 2519 sq. ft. The entire office complex is 20,784 sq. ft. on 2.03 acre site with abundant parking of 4.8 spaces per 1000 sq. ft., total of 99 parking spaces of which 49 are covered. The Lakeshore office complex is located near the new Lake Country Village redevelopment. This project is planned for over 1.2 million sq. ft. of mixed use, retail, office and multi-residential. Conveniently accessible to the loop 101 and U.S. Highway 60. Close to Arizona State University and downtown Tempe. 15 minutes from Phoenix Sky Harbor International Airport. Excellent locaiton with great visibility with street frontage on Lakeshore Dive and Momument sign access. Building 1, suite 1 is 5,000 sq. ft

Last Agent to Sell the Property

Michael Wood

West USA Realty License #BR006078000 Listed on: 01/03/2013

West USA Realty

Last Buyer's Agent

Michael Wood

West USA Realty License #BR006078000 Listed on: 01/03/2013

West USA Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 2.04

Home Design

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

Parking

  • 20 Open Parking Spaces
  • 25 Parking Spaces
  • 5 Covered Spaces

Additional Features

  • Concrete Flooring
  • Property is zoned PCC
  • Heat Pump System

Listing and Financial Details

  • Property Available on 1/2/13
  • Assessor Parcel Number 133-38-005-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 2.03

Security

  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Rural Road and Baseline
  • Property Type: Comm/Industry Lease
  • Zoning: PCC
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 2
  • Lease Info Annual Lease Price: 12.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 12.00
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 5000
  • Year Built: 1982
  • Tax Year: 2012
  • Directions: North on Rural Road from Baseline Road turn right/east on to Lakeshore Drive. Office building is on the northside of street with street frontage and momument signage.
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP, Master Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Security Gate
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size: 2.03
  • Additional Parcels: No
  • Parcel #: 133-38-005-A

Rental Info

  • Available Date: 2013-01-02

Multi Family

  • Leasable Area: 5000.0

Tax Info

  • Tax Annual Amount: 32600.0
  • Tax Book Number: 133.00
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Lakeshore Llc
Bought by
Ls4667 Llc
Current Estimated Value
$2,881,092

Purchase Details

Closed on
May 29, 2015
Sold by
Rio Cinco Partners Llc
Bought by
Lakeshore Llc

Purchase Details

Closed on
Dec 11, 2012
Sold by
The Evans Building
Bought by
Rio Cinco Partners Llc

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
3.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Ls4667 Llc $3,200,000 Chicago Title
Lakeshore Llc $1,500,000 Stewart Title & Trust Of Pho
Rio Cinco Partnership Llc $1,230,500 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rio Cinco Partnership Llc $400,000
Closed Lakeshore Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2014 01/01/14 Sold $5,000 +499900.0% $0 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
01/02/2013 01/02/13 For Sale $1 -- $0 / 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 $27,831 $240,926 -- --
2024 $28,329 $236,623 -- --
2023 $28,329 $400,775 $183,328 $217,447
2022 $27,973 $408,713 $129,623 $279,090
2021 $28,971 $342,198 $133,326 $208,872
2020 $28,092 $288,504 $138,258 $150,246
2019 $27,559 $328,302 $121,356 $206,946
2018 $26,875 $292,680 $114,246 $178,434
2017 $26,075 $246,618 $105,768 $140,850
2016 $25,891 $221,796 $93,600 $128,196
2015 $25,558 $187,332 $61,735 $125,597
Source: Public Records

Agents Affiliated with this Home

  • Michael Wood

    Seller's Agent in 2014

    Michael Wood

    West USA Realty

    (602) 790-0190

    1 in this area

    2 Total Sales

    Michael Wood
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4869052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-38-005A

Arizona Maricopa County Tempe 85282 The Lakes

4677 S Lakeshore Dr Unit Suite 1, Tempe, AZ

This home is located at 4677 S Lakeshore Dr Unit Suite 1, Tempe, AZ 85282 since 03 January 2013 and is currently estimated at $2,881,092, approximately $269 per square foot. This property was built in 1982. 4677 S Lakeshore Dr Unit Suite 1 is a home located in Maricopa County with nearby schools including Arredondo Elementary School, Connolly Middle School, and McClintock High School.

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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