1375 University Dr Tempe, AZ 85288-8463
Property profile & analytics
1375 University Dr, Tempe, AZ 85288-8463
- Motels
- 22,793 SF
- 0.91 lot acres
Property ID
US07-0129992
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Tempest Hotel Tempe Asu, Ascend Hotel Collection / Hotel & Motel
- Hotel Tempest, Trademark Collection by Wyndham / Hotel & Motel
- Earth Sugar / Bakery / Specialty Food Shop
Property Details for 1375 University Dr
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 0.91 lot acres
- Zone code
- PCC-1
- Property type
- Motels
- APN
- 132-59-057
- APU
- 13259057
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 4, 2022 | $7,500,000 | Jay Sagar LLC | 1875 E University Owner LLC | Special Warranty Deed | $1.5M · American Bank NA |
| Jun 28, 2018 | $3,700,000 | 1875 E University Owner LLC | Tanar Hospitality INC | Grant Deed | $5M · Poppy Bk |
| Sep 29, 2016 | — | Tanar Hospitality INC | — | Deed · related | $1.4M · Interbank |
| Mar 2, 2004 | $2,000,000 | Tanar Hospitality INC | Tempe Ate Hotels LLC | Grant Deed | $900k · Premier Commercial Bank NA |
| Aug 20, 2001 | $1,750,000 | Tempe Ate Hotels LLC | Tempe Lending Holdings LLC | Grant Deed · related | $1.7M · Bnc National Bank |
| Feb 13, 2001 | — | Tempe Lending Holdings LLC | Tempe Holdings LLC | Quit Claim Deed · related | — |
| May 21, 1998 | $253,230 | Tempe Holdings LLC | Microtel Inns Realy Corp | Grant Deed · related | $1.9M · Constellation Lending Fund LLC |
| — | — | Tanar Hospitality INC | — | Deed Of Trust · related | $2M · Lasalle National Bank |
| — | — | Tanar Hospitality INC | — | Deed Of Trust · related | $1.4M · Interbank |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,735,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,653,000
- AI Estimate
- $6,574,000
Market price range: $3.71M - $16.6MMarket price range: $2.97M - $16.0M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $9,070,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $11,445,000 Change: +26% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.916
- Latitude
- 33.4215
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,089
$0.00
$0.00
$587,281
-
$1,313,600
$2,245,680
$3,559,280
