1349 E UNIVERSITY Drive, Tempe, AZ 85288
$1,135,000
Property Type:
Comm/Industry Sale
Square Footage:
10,500
Lot Size (sq. ft.):
14,538
Status:
Closed
Current Price:
$1,135,000
List Date:
11/20/2018
Last Modified:
7/06/2022
Description
Newly remodeled office / warehouse. Great location walking distance to ASU, restaurants, etc. Close to 101 and 202 freeways.
More Information MLS# 5824022
Contract Info
Ownership: Fee Simple
Current Price: $1,135,000
Sold Price: $1,135,000
Status: Closed
List Date: 2018-09-22
Location, Tax & Legal
Assessor's Map #: 59
Legal Description (Abbrev): LOT B1 AZTECH COURT AMD LOT A1A2 B1B2 E1E2 F1F2 M-P MCR 030001
Assessor's Parcel #: 48
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 319103
Taxes: 12399
Legal: LOT B1 AZTECH COURT AMD LOT A1A2 B1B2 E1E2 F1F2 M-P MCR 030001
Map Code/Grid: R37
House Number: 1349
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 4216
County Code: Maricopa
Subdivision: AZTECH COURT AMD LOT A1A2 B1B2 E1E2 F1F2 M-P
Assessor Number: 132-59-048
Tax Year: 2017
General Property Description
Type of Property: Office / Warehouse
Ttl Apx SqFt Bldg: 10500
# of Buildings: 1
Uncvrd Parking Spcs: 27
Year Built: 1985
Zoning: GID
Legal Info
Range: 4E
Section: 23
Township: 1N
Lot Number: B1
Construction
Tilt-Up: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Annual Elec Exp: 5000
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 455
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Manufacturing: 1
Distribution/Warehouse: 1
Business Type
Professional/Office: 1
Warehouse: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 1199999
Total Owed: 0
Assessment Balance: 0
Ceiling Height
12.1 Feet to 14 Feet: 1
Heating
Electric: 1
Cooling
Office A/C: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Loading Facilities
Grade Level: 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
None: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Over 220 Amp: 1
3 Phase Power: 1
Gas
None: 1
New Financing
Owner May Carry: 1
1031 Exchange: 1
Lease Option: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 1
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Cross Street: University and Rural
Directions: East on University, South on Dorsey, East into Aztech Court, building located in the southeast section of the complex.
Geo Lat: 33.420194
Geo Lon: -111.91616
Status Change Info
Off Market Date: 2019-01-07
Under Contract Date: 2018-11-18
Close of Escrow Date: 2018-12-31
Sold Price: $1,135,000
Property Features
Building Type: Commercial; Office; Manufacturing; Distribution/Warehouse
Business Type: Professional/Office; Warehouse
Stories: 1 Story
Construction: Tilt-Up
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 12.1 Feet to 14 Feet
Cooling: Office A/C
Loading Facilities: Grade Level
Interior Features: Finished; Fire Sprinklers
Fencing: None
Building Features: Kitchen
Parking Features: Free; Paved
Electric: SRP; Over 220 Amp; 3 Phase Power
Gas: None
Water Source: None
Sewer: Sewer - Public
New Financing: Owner May Carry; 1031 Exchange; Lease Option
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Environmental: None
Listing Office:
Select Realty
Last Updated: July - 06 - 2022
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