NOT LISTED FOR SALE

5225 S Mcclintock Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $1,150,675

-- Bed
-- Bath
6,756 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $595,000 $88 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,462/month

348 Days on Market

Highlights

  • 0.59 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Community Kitchen
  • Central Air

About This Home

As of March 2015

Do Not Disturb the Tenants in the Building. You may look at the exterior
of Office Building. Appointment with
Larry Minchuk or Fred Foley of WEST USA REALTY to View interior. This Garden Office Building has been well maintained.
Separate Electric meters per Office Suite. Easy to find location right on the corner of Mc Clintock & Harvard Dr.
This building is competively priced.

Last Listed By

Larry Minchuk

West USA Realty License #BR004373000 Listed on: 02/07/2014

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,979

Year Built

  • Built in 1978

Lot Details

  • 0.59 Acre Lot
  • Property fronts an alley
  • Block Wall Fence
  • Property is zoned R/O

Home Design

  • 6,756 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 28 Parking Spaces
  • 16 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 301-01-970

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 142.63 x 155 & 154.26 x 171.84
  • Tempe Royal Palms 14 Lot 1 34 Subdivision

Amenities

  • Community Kitchen

Building Details

  • Operating Expense $24,158
  • Gross Income $47,986
  • Net Operating Income $35,062

Property Details

Property Type

Other

Est. Annual Taxes

$11,979

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: BASELINE Rd. & Mc Clintock Drive
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: R/O
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1978
  • Tax Year: 2013
  • Directions: US 60 Freeway Exit to Mc Clintock DR. Proceed South app. 1.2 Miles just south of the intersection of Baseline Rd and Mc Clintock Dr. Eastside of Street on the Corner of Mc Clintock and Harvard Dr.
  • Lot Size Acres: 0.59
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: wusa06
  • Co List Office Phone: 480-893-0600
  • Subdivision Name: Tempe Royal Palms 14 Lot 1-34
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile
  • Living Area: 6756.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 16.0
  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 28.0
  • General Property Description:Covered Parking Spcs: 16.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Other (See Remarks), Kitchen
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Other (See Remarks)32: Yes

Fee Information

  • Annual Water Sewer Expense: 3800.0

Lot Info

  • Lot Size: 142.63 x 155 & 154.26 x 171.84
  • Lot Size Sq Ft: 25613.0
  • Parcel #: 301-01-970
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 47986.4
  • Insurance Expense: 1329.0
  • Maintenance Expense: 1700.0
  • Property Net Operating Income: 35062.0
  • Annual Operating Expense: 24158.0
  • Vacancy Allowance Rate: 0.12
  • Leasable Area: 6756.0

Tax Info

  • Tax Annual Amount: 11979.0
  • Tax Book Number: 301.00
  • Tax Lot: 34
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 26, 2015
Sold by
Shieh Sonya
Bought by
Shieh Winston
Seller's Agent
Larry Minchuk
West USA Realty
Buyer's Agent
Ka-Chee Ma
Superlative Realty
List Price
$595,000
Sold Price
$595,000
Total Days on Market
348
Current Estimated Value
$1,150,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,675
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Accupro Accounting Inc
Bought by
Haywell Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1994
Sold by
Owens Family Enterprises Inc
Bought by
Accupro Accounting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
9.2%
Mortgage Type
Commercial

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
Shieh Winston -- Grand Canyon Title Agency
Shich Winston $550,000 Grand Canyon Title Agency
Haywell Inc -- Lawyers Title Of Arizona Inc
Accupro Accounting Inc $330,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haywell Inc $369,000
Previous Owner Haywell Inc $50,000
Previous Owner Haywell Inc $350,000
Previous Owner Haywell Inc $356,250
Previous Owner Accupro Accounting Inc $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $595,000 0.0% $88 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
02/07/2014 02/07/14 For Sale $595,000 -- $88 / 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 $12,250 $106,041 -- --
2024 $12,469 $104,148 -- --
2023 $12,469 $133,314 $59,891 $73,423
2022 $12,312 $146,073 $65,275 $80,798
2021 $12,751 $120,096 $67,140 $52,956
2020 $12,364 $104,958 $68,238 $36,720
2019 $12,130 $103,230 $60,732 $42,498
2018 $11,829 $98,496 $55,530 $42,966
2017 $11,477 $89,622 $51,408 $38,214
2016 $11,396 $91,962 $45,504 $46,458
2015 $11,249 $77,275 $29,508 $47,767
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Larry Minchuk

    West USA Realty

    (602) 690-8777

    1 Total Sale

    Larry Minchuk
    Section Image

  • F

    Seller Co-Listing Agent in 2015

    Frederick Foley

    West USA Realty

    (602) 525-3555

    4 Total Sales

    Frederick Foley
    Section Image

  • K

    Buyer's Agent in 2015

    Ka-Chee Ma

    Superlative Realty

    (480) 756-9922

    4 Total Sales

    Ka-Chee Ma
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5066454

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-01-970

Arizona Maricopa County Tempe 85283 The Lakes

5225 S Mcclintock Dr, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 5225 S Mcclintock Dr, Tempe, AZ 85283 since 07 February 2014 and is currently estimated at $1,150,675, approximately $170 per square foot. This property was built in 1978. 5225 S Mcclintock Dr is a home located in Maricopa County with nearby schools including Fuller Elementary School, Fees College Preparatory Middle School, and Marcos De Niza 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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