NOT LISTED FOR SALE

737 W University Dr Tempe, AZ 85281

Mitchell Park West Neighborhood
-- Bed
-- Bath
2,577 Sq Ft
10,390 Sq Ft Lot

Last Sold December 02, 2016

Last sale price $1,300 $1 Per Sq Ft

52 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 3-minute walk to Mitchell Park

About This Home

As of December 2016

Great retail space located on busy University Dr., in between Priest Dr. and Mill Ave. This property is an exceptional live/work space. The work-space consists of 644 square feet of open retail space. While the live-space offers a full kitchen, two bedrooms, full bathroom, large laundry and storage room, and a nice backyard.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/12/2016

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/12/2016

Property Details

Property Type

  • Other

Year Built

  • Built in 1971

Lot Details

  • 10,390 Sq Ft Lot

Home Design

  • Tilt Up Walls
  • Block Exterior

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mitchells 3Rd Sub Subdivision

Listing and Financial Details

  • Property Available on 10/11/16
  • Tax Lot 1
  • Assessor Parcel Number 124-68-066-A

Property Details

Property Type

Other

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: University Dr. & Hardy Dr.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C
  • Current Use: Mixed Use, Retail
  • Lease Info Annual Lease Price: 15600.0
  • Lease Info Annual Lse Prc P S F: 6.05
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2577
  • Year Built: 1971
  • Tax Year: 2015
  • Directions: From Mill and University; 1/2 mile west to property on south side of University Live/Work Space on University Close to ASU
  • Lot Size Acres: 0.24
  • Subdivision Name: MITCHELLS 3RD SUB
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: 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: 10390.0
  • Additional Parcels: No
  • Parcel #: 124-68-066-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-10-11

Multi Family

  • Leasable Area: 2577.0

Tax Info

  • Tax Annual Amount: 4842.0
  • Tax Book Number: 124.00
  • Tax Lot: 1
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Sewell Sharon and Lynn Trust
Bought by
Sewell Building Llc

Purchase Details

Closed on
Mar 15, 2018
Sold by
Sewell Sharon L
Bought by
Sewell Sharon and Lynn Trust

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 14, 2016
Sold by
Sewell Sharon L
Bought by
Sewell Sharon L
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Don Mortensen
LRA Real Estate Group, LLC
List Price
$1,300
Sold Price
$1,300
Source: Public Records

Range of Values:

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Average Value
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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
Sewell Building Llc -- None Available
Sewell Sharon -- None Available
Sewell Sharon L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $1,300 0.0% $1 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $1,300 -- $1 / 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 $4,640 $40,381 -- --
2024 $4,700 $39,453 -- --
2023 $4,700 $38,521 $14,945 $23,576
2022 $5,687 $58,078 $35,875 $22,203
2021 $5,873 $56,128 $33,584 $22,544
2020 $5,694 $51,328 $28,320 $23,008
2019 $5,587 $49,200 $25,792 $23,408
2018 $5,448 $53,712 $30,448 $23,264
2017 $5,286 $51,264 $28,192 $23,072
2016 $5,248 $42,800 $26,096 $16,704
2015 $4,842 $32,547 $24,724 $7,823
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2016

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    129 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5510014

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-68-066A

Arizona Maricopa County Tempe 85281 Mitchell Park West

737 W University Dr, Tempe, AZ

This home is located at 737 W University Dr, Tempe, AZ 85281 since 12 October 2016. This property was built in 1971. 737 W University Dr is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and Noor Academy of Arizona.

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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