Seller's Agent in 2025
Reuben Nach
R.O.I. Properties
(602) 319-1326
1 in this area
50 Total Sales
1204 E Baseline Rd Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $2,383,695
Studio
--
Bath
20,430
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- 1.45 Acre Lot
- Cooling Available
- Heating Available
About This Home
As of July 2025Strategically 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.
Last Agent to Sell the Property
R.O.I. Properties License #SA687040000 Listed on: 02/13/2025
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
Utilities
- Cooling Available
- Heating Available
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Jul 18, 2025
Sold by
Mccandless Tempe Llc
Bought by
Lakeshore Office Llc
Seller's Agent
Reuben Nach
R.O.I. Properties
Buyer's Agent
Srinivasa Male
West USA Realty
List Price
$2,950,000
Sold Price
$2,325,000
Premium/Discount to List
-$625,000
-21.19%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,695
Avg. Annual Appreciation
3.13%
Original Mortgage
$925,000
Outstanding Balance
$923,434
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$1,460,261
Purchase Details
Closed on
Aug 19, 2008
Sold by
Scaglioni Hernan and Scaglioni Cristina
Bought by
Mccandless Tempe Llc
Purchase Details
Closed on
Jul 20, 1998
Sold by
Scaglioni Hernan and Scaglioni Cristina
Bought by
Scaglioni Hernan and Scaglioni Cristina
Purchase Details
Closed on
Nov 5, 1997
Sold by
Scaglioni Hernan and Scaglioni Cristina
Bought by
Scaglioni Hernan and Scaglioni Cristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 27, 1997
Sold by
General American Life Insurance Company
Bought by
Scaglioni Hernan and Scaglioni Cristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 28, 1995
Sold by
Focus Century Ltd Partnership
Bought by
General American Life Insurance Company
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakeshore Office Llc | $2,325,000 | Landmark Title | |
| Mccandless Tempe Llc | $2,700,000 | First American Title Insuran | |
| Scaglioni Hernan | -- | -- | |
| Scaglioni Hernan | -- | -- | |
| Scaglioni Hernan | $1,775,000 | Old Republic Title Agency | |
| General American Life Insurance Company | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lakeshore Office Llc | $925,000 | |
| Previous Owner | Scaglioni Hernan | $1,330,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $2,325,000 | -21.2% | $114 / Sq Ft |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $2,950,000 | -- | $144 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $32,567 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Reuben Nach
-
Srinivasa Male
S
Buyer's Agent in 2025
Srinivasa Male
West USA Realty
1 in this area
17 Total Sales
Map
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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