NOT LISTED FOR SALE

500 E Southern Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $573,022

Studio
2 Baths
2,429 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2016

Last sale price $300,000 $124 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,489 / mo

235 Days on Market

Highlights

  • Central Air
  • Broadmor Elementary School Rated 9+
  • Partially Fenced Property

About This Home

As of May 2016

LOCATION! LOCATION! LOCATION!
This building currently is configured with 3 suites. Suite A is currently built out as a dental office. Suites B & C are configured for medical or general office. The entire building is plumbed for Dental! Frontage on Southern Ave and centrally located within Tempe! Easy access to Hwy 60, Loop 101 and I10.
Suite A: 1,277/SF with 4 Operatory rooms, lab, receptionist, waiting, dr.'s office with private restroom and entrance. New A/C unit for Suite A. Suite B: 594/SF receptionist, 2 offices, waiting room, restroom, storage. Suite C: 348/SF waiting area, workstation, 1 office, 1 restroom, storage. Suites B & C are plumbed for dental as well. Perfect for a dentist who wants to lease out other suites or expand. Medical/General Office possibilities. COX is Avail.

Last Agent to Sell the Property

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/23/2015

Last Buyer's Agent

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/23/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1970

Lot Details

  • 7,920 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned R-4

Home Design

  • 2,429 Sq Ft Home
  • Composition Roof
  • Block Exterior

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Brentwood Manor 2 Subdivision
  • Reception Area
  • Operating Expense $3,505

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 133-28-075-B

Property Details

Property Type

Other

Est. Annual Taxes

$3,505

Year Built

Built in 1970

Lot Details

7,920 Sq Ft Lot

Listing Details

  • Cross Street: Southern Ave and Rural Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: R-4
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2014
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: BRENTWOOD MANOR 2
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None, Partial
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 7920.0
  • Additional Parcels: No
  • Parcel #: 133-28-075-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3505.0

Tax Info

  • Tax Annual Amount: 3505.0
  • Tax Book Number: 133.00
  • Tax Lot: 110
  • Tax Map Number: 28.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
May 16, 2016
Sold by
Bought by
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$499,000
Sold Price
$300,000
Premium/Discount to List
-$199,000
-39.88%
Current Estimated Value
$573,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,022
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
0.0649%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 First American Title Ins Co
$540,000 First American Title Ins Co
-- --
-- --
-- --
-- --
-- --
$70,125 --
$18,975 --
$18,975 --
$18,975 --
$18,975 --
$18,975 --
$165,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $486,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $300,000 -39.9% $124 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
09/07/2015 09/07/15 For Sale $499,000 -- $205 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,733 $39,488 -- --
2024 $4,643 $38,783 -- --
2023 $4,643 $46,070 $35,496 $10,574
2022 $4,585 $54,023 $25,935 $28,088
2021 $4,749 $56,268 $26,676 $29,592
2020 $4,604 $51,858 $26,424 $25,434
2019 $4,517 $53,190 $24,138 $29,052
2018 $3,671 $47,835 $17,295 $30,540
2017 $3,561 $31,740 $16,005 $15,735
2016 $3,536 $27,150 $13,920 $13,230
2015 $3,623 $24,720 $11,824 $12,896
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan McCall

    Commercial Property Connect

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5338555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-28-075B

Arizona Maricopa County Tempe 85282 Alameda

500 E Southern Ave, Tempe, AZ

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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