NOT LISTED FOR SALE

610 W Broadway Rd Unit 118 Tempe, AZ 85282

Marilyn Ann Neighborhood

Estimated Value: $1,213,481

1 Bed
-- Bath
9,641 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $500 $0 Per Sq Ft

Est. 242,596% increase in value since last sale

Current estimated payment $7,825/month

312 Days on Market

Highlights

  • 0.55 Acre Lot
  • Heating Available
  • 4-minute walk to Clark Park
  • Central Air

About This Home

As of March 2018

Business offices available with flexible terms. Freshly painted and new tile flooring installed. Recreation room for tenants to utilize will be completed in June. Gated with nice courtyard. Easy access to the freeway. Larger offices available in complex.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/20/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Property is zoned C-G

Home Design

  • Block Exterior
  • Stucco

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 5/1/17
  • Assessor Parcel Number 124-63-011-T

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Roosevelt and Broadway
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-G
  • Current Use: Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 5400.0
  • Lease Info Annual Lse Prc P S F: 23.64
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 228
  • Year Built: 1974
  • Tax Year: 2016
  • Directions: Southeast corner of Roosevelt and Broadway. Across from Wells Fargo
  • Lot Size Acres: 0.55
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: T
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Additional Parcels: No
  • Parcel #: 124-63-011-T
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2017-05-01

Multi Family

  • Leasable Area: 228.0

Tax Info

  • Tax Annual Amount: 11662.0
  • Tax Book Number: 124.00
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Fuller Clare Stuart
Bought by
Tempe Hub Llc
Total Days on Market
312
Current Estimated Value
$1,213,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$614,451
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$569,765

Purchase Details

Closed on
Apr 27, 2021
Sold by
Fuller Jill Corey
Bought by
Fuller Clare Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2021
Sold by
Clarchrist Commercial Llc
Bought by
Fuller Clare Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2016
Sold by
Jones Christian
Bought by
Clarchrist Commerical Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2016
Sold by
Chan Daniel K and Chan Yuk Y
Bought by
Jones Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1995
Sold by
Irvin James W and Irvin Jane M
Bought by
Yip Chan Daniel K and Yip Chan Yuk
Source: Public Records

Range of Values:

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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
Tempe Hub Llc $1,150,000 Security Title Agency Inc
Fuller Clare Stuart -- Driggs Title Agency Inc
Fuller Clare Stuart $865,000 Driggs Title Agency Inc
Clarchrist Commerical Llc -- None Available
Jones Christian $425,000 Great Amer Title Agency Inc
Yip Chan Daniel K $325,000 Chicago Title Insurance Co
Irvin James W -- Chicago Title Insurance Co
Kinney Charles W -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tempe Hub Llc $660,000
Previous Owner Fuller Clare Stuart $865,000
Previous Owner Clarchrist Commercial Llc $550,000
Previous Owner Clarchrist Commercial Llc $160,000
Previous Owner Jones Christian $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $500 +11.1% $0 / Sq Ft
05/19/2017 05/19/17 For Sale $450 -- $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 $12,536 $108,519 -- --
2024 $12,760 $106,581 -- --
2023 $12,760 $167,773 $48,603 $119,170
2022 $12,600 $142,450 $90,545 $51,905
2021 $13,049 $133,290 $85,104 $48,186
2020 $12,653 $128,664 $65,826 $62,838
2019 $12,413 $116,280 $59,418 $56,862
2018 $12,105 $112,392 $56,952 $55,440
2017 $11,745 $101,826 $52,722 $49,104
2016 $11,662 $78,696 $48,816 $29,880
2015 $15,314 $107,190 $34,873 $72,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5608727

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-63-011T