2415 S RURAL Road, Tempe, AZ 85282
$875,000
Property Type:
Residential
Square Footage:
2,507
Lot Size (sq. ft.):
16,143
Status:
Closed
Current Price:
$700,000
List Date:
9/25/2022
Last Modified:
12/27/2023
Description
Rural Road and Broadway is a rare commercial/residential opportunity located in the heart of Arizona State University and Downtown Tempe. Located 0.75 miles south of the main ASU campus, this prime 0.4 acre property is zoned within the R-O district, which permits new development at the residential scale, or conversion of residential structures for use as professional commercial offices or other limited service uses. It also permits continuation of residential uses or reconversions to residential uses. Currently set up as a medical/dental service, plans are in process (not submitted) for a commercial/residential mixed use development. Located on the Northeast corner of E Loma Vista Drive and South Rural Road, clocking over 50,000 cars per day, this is one of the premier locations for new
Supplements: development opportunities. All plans, architectural drawings and designs will convey with the sale. By Appointment Only!
More Information MLS# 6468816
Contract Information
Status Change Date: 2022-12-02
Sold Price: $700,000
Status: Closed
Current Price: $700,000
List Date: 2022-09-25
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: R37
House Number: 2415
Compass: S
Street Name: RURAL
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 2440
Country: USA
County Code: Maricopa
Assessor's Map #: 42
Assessor's Parcel #: 1
Assessor Number: 133-42-001
Legal Description (Abbrev): LOT 1 HUGHES ACRES MCR 008309
Subdivision: HUGHES ACRES
Tax Municipality: Tempe
Taxes: 7786
Tax Year: 2022
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
Approx SQFT: 2507
Price/SqFt: 279.22
Horses: N
Builder Name: unkwn
Year Built: 1982
Approx Lot SqFt: 16143
Approx Lot Acres: 0.371
Flood Zone: No
Pool: None
Planned Comm Name: Hughes Acres
Marketing Name: ASU Transitional
Elementary School: Broadmor Elementary School
Jr. High School: Tempe Academy Of International Studies McKemy Campus
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Broadway Road & S Rural Road
Geo Lat: 33.40227
Geo Lon: -111.925859
Status Change Info
Off Market Date: 2022-12-02
Under Contract Date: 2022-11-23
Close of Escrow Date: 2022-12-01
Sold Price: $700,000
Legal Info
Township: 1N
Range: 4E
Section: 26
Lot Number: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: Y
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Slab Parking Spaces: 20
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: Res/Business Use Ok; Other (See Remarks)
Master Bathroom: Other (See Remarks)
Fireplace: No Fireplace
Pool Features: No Pool
Spa: None
Dining Area: Other (See Remarks)
Kitchen Features: None
Laundry: None
Basement Description: Full
Exterior Features: Other
Parking Features: Gated Parking
Construction: Block
Const - Finish: Other (See Remarks)
Roofing: Other (See Remarks)
Cooling: See Remarks
Heating: See Remarks
Utilities: SRP; SW Gas
Water: City Water
Sewer: Sewer - Public
Fencing: Other; See Remarks
Landscaping: Desert Front; Desert Back
Showing Notification Methods: Text; Email; Phone Call
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: 1031 Exchange
Disclosures: Other (See Remarks)
Listing Office: NORTH&CO.
Last Updated: December - 27 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
480-843-5101
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