1204 E Baseline Rd Tempe, AZ 85283
The Lakes NeighborhoodEstimated payment $18,972/month
About This Home
Strategically positioned at the high-traffic northeast corner of Baseline & Lakeshore Drive, 1204 E Baseline offers a rare chance to own a premier garden office space in Tempe's booming market. This property boasts exceptional real estate fundamentals and is surrounded by upscale development and a growing high-income demographic. With a strong income stream already in place, there is potential for owner-user buyers looking for additional rental income, or value-add investors looking to fill the vacancies and increase current rental rates. Additionally, the property offers significant redevelopment potential, as it is located within the mixed-use area designated in the City of Tempe General Plan.
Property Details
Property Type
- Other
Est. Annual Taxes
- $31,388
Year Built
- Built in 1982
Lot Details
- 1.45 Acre Lot
- Property is zoned C-C
Home Design
- 20,430 Sq Ft Home
- Block Exterior
Parking
- 38 Open Parking Spaces
- 64 Parking Spaces
- 26 Covered Spaces
- Paved Parking
- Community Parking Structure
Community Details
- Lake Country Estates Unit 1 Subdivision
- Operating Expense $31,388
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 133-38-003-E
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 | $31,388 | $271,711 | -- | -- |
| 2024 | $31,949 | $266,859 | -- | -- |
| 2023 | $31,949 | $386,750 | $127,704 | $259,046 |
| 2022 | $31,548 | $357,683 | $120,068 | $237,615 |
| 2021 | $32,674 | $304,362 | $123,498 | $180,864 |
| 2020 | $31,682 | $294,858 | $127,368 | $167,490 |
| 2019 | $31,081 | $281,880 | $112,212 | $169,668 |
| 2018 | $30,309 | $255,114 | $113,364 | $141,750 |
| 2017 | $29,407 | $211,284 | $104,976 | $106,308 |
| 2016 | $29,200 | $198,306 | $92,898 | $105,408 |
| 2015 | $28,824 | $212,769 | $60,810 | $151,959 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | For Sale | $2,950,000 | -- | $144 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,700,000 | First American Title Insuran | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $1,775,000 | Old Republic Title Agency | |
| Trustee Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | Commercial | |
| Previous Owner | $1,330,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6819777
APN: 133-38-003E
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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