NOT LISTED FOR SALE

550 W Elliot Rd Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $2,513,228

-- Bed
-- Bath
2,500 Sq Ft
$1,005/Sq Ft Est. Value

About This Home

This home is located at 550 W Elliot Rd, Tempe, AZ 85284 and is currently estimated at $2,513,228, approximately $1,005 per square foot. 550 W Elliot Rd is a home located in Maricopa County with nearby schools including Kyrene de la Mariposa Elementary School, Kyrene Middle School, and Marcos De Niza High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Avalon Elliot Llc
Bought by
Restaurant Realty Az Llc
Current Estimated Value
$2,513,228

Purchase Details

Closed on
Sep 20, 2018
Sold by
Vihar Properties Llc
Bought by
Avalon Elliot Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,435,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2007
Sold by
Bp West Coast Products Llc
Bought by
Vihar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1995
Sold by
Elliot/Kyrene Commercial 37 Lc
Bought by
Atlantic Richfield Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Restaurant Realty Az Llc $2,342,000 First American Title
Avalon Elliot Llc $1,200,000 First American Title
Vihar Properties Llc $1,213,200 Lawyers Title Of Arizona
Atlantic Richfield Company $575,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avalon Elliot Llc $2,435,000
Previous Owner Vihar Properties Llc $1,233,000
Source: Public Records

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 $12,098 $114,474 $114,474 --
2024 $11,805 $109,023 $109,023 --
2023 $11,805 $171,255 $171,255 $0
2022 $11,257 $165,225 $165,225 $0
2021 $11,509 $165,225 $165,225 $0
2020 $10,228 $265,140 $203,400 $61,740
2019 $8,270 $103,020 $100,020 $3,000
2018 $8,019 $180,270 $120,024 $60,246
2017 $17,176 $172,728 $111,132 $61,596
2016 $17,329 $124,488 $81,856 $42,632
2015 $17,246 $127,946 $84,129 $43,817
Source: Public Records

Map

Arizona Maricopa County Tempe 85283 South Tempe

550 W Elliot Rd, Tempe, AZ

This home is located at 550 W Elliot Rd, Tempe, AZ 85284 and is currently estimated at $2,513,228, approximately $1,005 per square foot. 550 W Elliot Rd is a home located in Maricopa County with nearby schools including Kyrene de la Mariposa Elementary School, Kyrene 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.

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