NOT LISTED FOR SALE

734 E Broadway Rd Unit E Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $686,447

Studio
-- Bath
4,591 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $850 $0 Per Sq Ft

Est. 80,658% increase in value since last sale

Current estimated payment $4,077/month

159 Days on Market

Highlights

  • 0.34 Acre Lot
  • Ceramic Tile Flooring
  • Heating unit installed on the ceiling
  • Franklin at Brimhall Elementary School Rated A
  • Central Air
  • 3-minute walk to Eagles Park

About This Home

As of December 2023

Turnkey. ~600 sqft of retail/office space on a very busy road. Was previously used as a financial center so there is a metal wall with an office space and bathroom that encompasses about 1/3 of the space. This is an amazing space if you are looking for a very secure site.

Last Agent to Sell the Property

Chad Cluff

Cluff Real Estate LLC License #BR567582000 Listed on: 07/06/2023

Last Buyer's Agent

Stephan Harrington

HomeSmart Realty License #SA652204000

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Property is zoned C2 or LC

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 4,591 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Heat Pump System
  • 220 Volts

Community Details

  • 2 Buildings

Listing and Financial Details

  • Property Available on 7/6/23
  • Tenant pays for trash collection, electricity, water, common area maintenance
  • The owner pays for property taxes, fire insurance-bldg
  • Assessor Parcel Number 138-29-064-H

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Broadway and Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C2 or LC
  • Number Of Buildings: 2
  • Lease Info Annual Lease Price: 10800.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Year Built: 1973
  • Tax Year: 2022
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: H
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4591.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 220 Volts, City Electric, Submetered System
  • Cooling: Central A/C
  • Heating: Heat Pump, Ceiling
  • Water Source: City Franchise
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 15000.0
  • Additional Parcels: No
  • Parcel #: 138-29-064-H
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-07-06

Multi Family

  • Owner Pays: Property Taxes, Fire Insurance-Bldg
  • Tenant Pays: Trash Collection, Electricity, Water, Common Area Maintenance
  • Existing Lease Type: Modified Terms
  • Leasable Area: 601.0

Tax Info

  • Tax Annual Amount: 6293.0
  • Tax Book Number: 138.00
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Guinn Family Trust and Joan Guinn G
Bought by
Urban Mesa Llc
Current Estimated Value
$686,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$328,255
Interest Rate
4.42%
Mortgage Type
Seller Take Back
Estimated Equity
$358,192

Purchase Details

Closed on
Sep 8, 1997
Sold by
City Of Tempe
Bought by
Broadway/Rural Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.42%
Mortgage Type
Commercial
Source: Public Records
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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
Urban Mesa Llc $750,000 Clear Title
Broadway/Rural Llc $143,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Mesa Llc $350,000
Previous Owner Broadway/Rural Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $850 +3.0% $0 / Sq Ft
09/29/2023 09/29/23 Off Market $825 -- --
07/26/2023 07/26/23 Price Changed $825 -8.3% $0 / Sq Ft
07/06/2023 07/06/23 For Sale $900 -- $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 $5,858 $59,372 -- --
2024 $6,243 $58,312 -- --
2023 $6,243 $91,035 $30,396 $60,639
2022 $6,293 $84,403 $27,615 $56,788
2021 $6,552 $76,698 $31,392 $45,306
2020 $6,467 $60,876 $27,234 $33,642
2019 $6,042 $51,714 $24,372 $27,342
2018 $5,799 $61,092 $23,634 $37,458
2017 $5,626 $49,950 $21,888 $28,062
2016 $5,522 $43,056 $19,026 $24,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6576964

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-064H