4325 S 48th St Tempe, AZ 85282
West Tempe NeighborhoodEstimated payment $12,665/month
Highlights
- 0.92 Acre Lot
- Concrete Flooring
- 3-minute walk to Svob Park
- Cooling Available
- Heating Available
About This Home
The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways.
Property Details
Property Type
- Other
Est. Annual Taxes
- $21,370
Year Built
- Built in 1988
Lot Details
- 0.92 Acre Lot
- Property is zoned CSS
Home Design
- Built-Up Roof
- Block Exterior
Interior Spaces
- 9,657 Sq Ft Home
- Concrete Flooring
Parking
- 49 Parking Spaces
- 49 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Community Details
- Building Dimensions are 297.62 x 160.22 x 238.56 x 28.2 x 136.23
- Knoell Garden Groves Unit 3 Subdivision
Listing and Financial Details
- Tax Lot TRACT A
- Assessor Parcel Number 123-27-354
Map
Home Values in the Area
Average Home Value in this Area
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 | $20,995 | $181,745 | -- | -- |
| 2024 | $21,370 | $178,499 | -- | -- |
| 2023 | $21,370 | $175,151 | $56,899 | $118,252 |
| 2022 | $22,419 | $213,343 | $98,875 | $114,468 |
| 2021 | $23,219 | $213,336 | $92,952 | $120,384 |
| 2020 | $22,514 | $211,896 | $88,920 | $122,976 |
| 2019 | $22,087 | $243,900 | $123,498 | $120,402 |
| 2018 | $21,539 | $213,030 | $92,538 | $120,492 |
| 2017 | $20,898 | $195,246 | $85,680 | $109,566 |
| 2016 | $20,750 | $179,622 | $79,326 | $100,296 |
| 2015 | $20,484 | $141,525 | $64,232 | $77,293 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $1,950,000 | +105.3% | $202 / Sq Ft |
| 03/19/2019 03/19/19 | Sold | $950,000 | -13.6% | $98 / Sq Ft |
| 01/23/2019 01/23/19 | Pending | -- | -- | -- |
| 01/07/2019 01/07/19 | For Sale | $1,100,000 | +15.8% | $114 / Sq Ft |
| 01/02/2019 01/02/19 | Off Market | $950,000 | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $1,100,000 | -- | $114 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $950,000 | Chicago Title Agency Inc | |
| Special Warranty Deed | -- | First American Title Insuran | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | $1,000,000 | First American Title Insuran | |
| Special Warranty Deed | $1,690,000 | Chicago Title Insurance Comp | |
| Special Warranty Deed | $1,150,000 | Land Title Agency Of Az Inc | |
| Warranty Deed | -- | Land Title Agency Of Az Inc | |
| Special Warranty Deed | $645,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $260,000 | Fidelity Title | |
| Cash Sale Deed | $225,000 | Transamerica Title Ins Co | |
| Cash Sale Deed | $225,000 | Transamerica Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $473,509 | New Conventional | |
| Closed | $650,000 | Commercial | |
| Previous Owner | $658,262 | Commercial | |
| Previous Owner | $460,000 | Commercial | |
| Previous Owner | $878,000 | Commercial | |
| Previous Owner | $550,000 | Commercial | |
| Previous Owner | $750,000 | Unknown | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $60,711 | Assumption | |
| Previous Owner | $140,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6851451
APN: 123-27-354
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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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