NOT LISTED FOR SALE

625 W 1st St Unit 228 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $203,439 - $471,000

-- Bed
1 Bath
330 Sq Ft
$1,053/Sq Ft Est. Value

About This Home

This home is located at 625 W 1st St Unit 228, Tempe, AZ 85281 and is currently estimated at $347,610, approximately $1,053 per square foot. 625 W 1st St Unit 228 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Kv Marq Apartments Llc
Bought by
Sam Riverside Owner Llc
Current Estimated Value
$347,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,223,000
Outstanding Balance
$16,137,181
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
-$15,733,423

Purchase Details

Closed on
May 29, 2019
Sold by
Wwc Xxi Lp
Bought by
Kv Marq Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,470,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2016
Sold by
Wga West First Street Lp
Bought by
Wwc Xxi Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,600,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Sold by
625 West 1St Street Llc
Bought by
Tempe 1St Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,100,000
Interest Rate
5.37%
Mortgage Type
Assumption

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
Sam Riverside Owner Llc $460,000 Mbl Title
Kv Marq Apartments Llc $24,000,000 Fidelity National Title
Wwc Xxi Lp $17,000,000 Stewart Title & Tr Phoenix
Tempe 1St Street Llc $7,400,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam Riverside Owner Llc $28,223,000
Previous Owner Kv Marq Apartments Llc $21,470,000
Previous Owner Wwc Xxi Lp $13,600,000
Previous Owner Tempe 1St Street Llc $6,100,000
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 $450 $4,015 -- --
2024 $444 $3,824 -- --
2023 $444 $9,800 $3,080 $6,720
2022 $426 $6,670 $2,100 $4,570
2021 $429 $6,210 $1,950 $4,260
2020 $416 $5,510 $1,730 $3,780
2019 $408 $4,700 $1,480 $3,220
2018 $398 $5,130 $1,610 $3,520
2017 $386 $3,680 $1,160 $2,520
2016 $384 $3,300 $1,040 $2,260
2015 $368 $3,240 $1,020 $2,220
Source: Public Records

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