NOT LISTED FOR SALE

Estimated Value: $1,202,191

1 Bed
-- Bath
9,200 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $865,000 $94 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,394/month

327 Days on Market

About This Home

As of April 2021

• 9,200 SF Multi-Tenant Office Building For Sale
• $915,000.00 ($99.00 PSF)
• Sits on .55 acre lot right on Broadway Rd
• Walking Distance to Light Rail and ASU Campus
• Easy Freeway Access
• Great Value Add Investment Opportunity
• Recently Renovated in 2018
• Built-out as 34 Individual Executive Suites (All Are Vacant)

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 08/29/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,105

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Property is zoned C-1

Home Design

  • 9,200 Sq Ft Home

Parking

  • 31 Open Parking Spaces
  • 31 Parking Spaces
  • Paved Parking

Community Details

  • Los Prados Amd Tr B F Subdivision
  • Operating Expense $12,105

Listing and Financial Details

  • Assessor Parcel Number 124-63-011-T

Property Details

Property Type

Other

Est. Annual Taxes

$12,105

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: W Broadway Rd & S Roosevelt St
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1974
  • Tax Year: 2018
  • Lot Size Acres: 0.55
  • Subdivision Name: LOS PRADOS AMD TR B-F
  • Structure Type: Office
  • Tax Parcel Letter: T
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 9200.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 31.0
  • Total Parking Spaces: 31.0
  • General Property Description:Uncvrd Parking Spcs: 31.0
  • General Property Description:Total Parking Spcs: 31.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 124-63-011-T
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 12105.0

Tax Info

  • Tax Annual Amount: 12105.0
  • Tax Book Number: 124.00
  • Tax Lot: 0
  • 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
Current Estimated Value
$1,202,191

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

Listed on
Aug 29, 2019
Closed on
Apr 27, 2021
Sold by
Fuller Jill Corey
Bought by
Fuller Clare Stuart
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,050,000
Sold Price
$865,000
Premium/Discount to List
-$185,000
-17.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$865,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 29, 2019
Closed on
Apr 8, 2021
Sold by
Clarchrist Commercial Llc
Bought by
Fuller Clare Stuart
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,050,000
Sold Price
$865,000
Premium/Discount to List
-$185,000
-17.62%

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

Listed on
Oct 24, 2016
Closed on
Dec 5, 2016
Sold by
Jones Christian
Bought by
Clarchrist Commerical Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$295,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 24, 2016
Closed on
Nov 21, 2016
Sold by
Chan Daniel K and Chan Yuk Y
Bought by
Jones Christian
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$500,000
Sold Price
$500,000

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
Previous Owner Fuller Clare Stuart $865,000
Previous Owner Jones Christian $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $865,000 -5.5% $94 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
11/14/2019 11/14/19 Price Changed $915,000 -12.9% $99 / Sq Ft
08/29/2019 08/29/19 For Sale $1,050,000 +110.0% $114 / Sq Ft
11/23/2016 11/23/16 Sold $500,000 0.0% $54 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $500,000 -- $54 / 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: 5971504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-63-011T