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2401 West 1st Street

2401 West 1st Street, Tempe, AZ 85281
Property in Maricopa
2401 West 1st Street in Tempe, AZ was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a industrial property type. It is a single story home. 2401 West 1st Street has 42,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 125,384 square feet.

Learn more about the property and building on this page. The building type has been coded as 5. The code stands for specialized buildings that do not fit in any of the other categories.. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of metal. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2401 West 1st Street sold most recently in Jun 20, 2018 for a total of $3,500,000. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $1,500,000 in Sep 19, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $40,669 in taxes each year. 2401 West 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $604,622. If we break it down further, the land itself was valued at $86,632. Improvements to the property, however, were assessed at a total of $517,990. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Steel
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 125,384
  • Total Building Area: 42,000
  • Gross Building Area: 42,000
  • Building Area: 42,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 42,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Building Type: Specialized buildings
  • Property Class: Industrial
  • Subdivision: ACTION PERFORMANCE
  • Land Acres: 2.878
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: ACTION PERFORMANCE MCR 507-34

Ownership

  • Current Owner : 2401 WEST FIRST STREET LLC
  • Previous Owner : COLMAN ROBERT
  • Previous Owner 2: ROBERT COLMAN TRUST
  • Owner Before Previous Owner: ACTION PERFORMANCE COMPANIES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319710

Zoning

  • Zoning: I-1

Geography

  • Assessors Map Reference: 50734
  • Parcel: 124-39-101
  • Lot: 1
  • Meridian: SEC 17 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4277
  • Longitude: -111.975

    Address

  • Full Address: 2401 W 1st St
  • Address - House Number: 2401
  • Street Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C041
  • 4-Digit Zip Code: 2329
  • Zip Code: 85281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $40,669
  • Tax Rate Code Area: 031600

    Market Valuation

  • Market Total Value: $3,556,600
  • Market Land Value: $509,600
  • Market Improvement Value: $3,047,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,622
  • Assessed Land Value: $86,632
  • Assessed Improvements Value: $517,990

    Sales

  • Current Sale Contract Date: Jun 20, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Transaction ID: 11476166259
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20180498422
  • Previous Sale Recording Date: Sep 19, 2002
  • Previous Sale Contract Date: Sep 19, 2002
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Jun 29, 2018
  • First Mortgage Loan Amount: $1,625,000
  • First Mortgage Terms: 71
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 26, 2024

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE BANK
  • Previous Mortgage Transaction Date: Sep 19, 2002
  • Previous Mortgage Loan Amount: $990,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Tempe



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Frequently Asked Questions

What neighborhood is 2401 West 1st Street located in?
The 2401 West 1st Street is a located in the neighborhood of Maricopa in Tempe, Tempe.
What is the average sales price for listings in 2401 West 1st Street?
The average sales price for units in 2401 West 1st Street is $0 currently.

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