$320,000
SOLD AUG 31, 2017

1324 N Farrell Ct Unit 109 Gilbert, AZ 85233

Northwest Gilbert Neighborhood
-- Bed
-- Bath
3,952 Sq Ft
3,952 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

9% Below List Price

585 Days on Market

About This Home

As of June 2023

STOP RENTING AND OWN YOUR SPACE! PRICING CAN'T BE BEAT FOR THIS PRIME LOCATION! THESE SUITES ARE IN GRAY SHELL CONDITION. SINGLE UNIT IS 1977 SQ.FT. AND DOUBLE UNIT IS 3952 SQ.FT. ALL SUITES HAVE MEZZANINE CAPABILITIES & 12X12 FT. ROLL UP DOORS. GREAT LOCATION & CLOSE TO THE 60 FREEWAY. BUILDING IS 35,090 SQ.FT., SPACE AVAILABLE FOR SALE 5,929 Total.

Last Agent to Sell the Property

Nancy Kallas

Treasured Real Estate, LLC License #BR517678000 Listed on: 11/10/2015

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 2007

Lot Details

  • 3,952 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned LI-INDUSTRIAL

Home Design

  • Block Exterior

Interior Spaces

  • 3,952 Sq Ft Home
  • Concrete Flooring

Parking

  • 69 Open Parking Spaces
  • 69 Parking Spaces

Utilities

  • No Heating
  • 220 Volts
  • Master Water Meter

Community Details

  • Farrell Business Park Condominium Subdivision
  • Operating Expense $5,082

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 302-12-671

Property Details

Property Type

Other

Est. Annual Taxes

$3,582

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: COOPER & BASELINE
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LI-INDUSTRIAL
  • Bay Info Bay Door Height: 12.0
  • Current Use: Service Business, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 2007
  • Tax Year: 2015
  • Directions: WEST ON BASELINE TO HORNE, SOUTH TO GARY, WEST TO FARRELL
  • Lot Size Acres: 0.09
  • Road Surface Type: Asphalt, Private Street, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: FARRELL BUSINESS PARK CONDOMINIUM
  • Structure Type: Commercial, Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 69.0
  • Total Parking Spaces: 69.0
  • General Property Description:Uncvrd Parking Spcs: 69.0
  • General Property Description:Total Parking Spcs: 69.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, Underground, SRP
  • Cooling: None
  • Heating: None
  • Water Source: Master Meter
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 3952.0
  • Additional Parcels: No
  • Parcel #: 302-12-671
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5082.0

Tax Info

  • Tax Annual Amount: 3582.0
  • Tax Book Number: 302.00
  • Tax Lot: 109
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Aug 21, 2017
Sold by
Tamarisk Properties Llc
Bought by
Lnb Holdings Llc
Seller's Agent
Nancy Kallas
Treasured Real Estate, LLC
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$331,738
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 28, 2012
Closed on
May 7, 2013
Sold by
Klein R Wayne
Bought by
Tamarisk Properties Llc
Seller's Agent
Nancy Kallas
Treasured Real Estate, LLC
Buyer's Agent
Nancy Kallas
Treasured Real Estate, LLC
List Price
$91,215
Sold Price
$1,096,261
Premium/Discount to List
$1,005,046
1101.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Great American Title Agency
Cash Sale Deed $240,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $700 -3.4% $0 / Sq Ft
05/02/2025 05/02/25 Price Changed $725 -9.4% $0 / Sq Ft
04/09/2025 04/09/25 For Sale $800 -23.8% $0 / Sq Ft
06/02/2023 06/02/23 Sold $1,050 0.0% $0 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $1,050 +50.2% $0 / Sq Ft
05/12/2023 05/12/23 Sold $699 0.0% $0 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $699 0.0% $0 / Sq Ft
03/23/2023 03/23/23 Off Market $699 -- --
02/21/2023 02/21/23 Price Changed $699 +16.5% $0 / Sq Ft
07/22/2022 07/22/22 For Sale $600 +20.2% $0 / Sq Ft
05/25/2021 05/25/21 Sold $499 0.0% $0 / Sq Ft
05/28/2020 05/28/20 Price Changed $499 -16.7% $0 / Sq Ft
01/17/2020 01/17/20 Price Changed $599 -14.4% $0 / Sq Ft
02/21/2019 02/21/19 For Sale $700 -99.8% $0 / Sq Ft
08/31/2017 08/31/17 Sold $320,000 -8.6% $81 / Sq Ft
11/09/2015 11/09/15 For Sale $350,000 -68.1% $89 / Sq Ft
06/14/2013 06/14/13 Sold $1,096,261 +1101.8% $46 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $91,215 -- $4 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,953 $21,137 -- --
2024 $2,011 $20,759 -- --
2023 $2,011 $29,325 $5,865 $23,460
2022 $2,009 $26,828 $5,355 $21,473
2021 $2,154 $27,576 $5,508 $22,068
2020 $2,116 $28,026 $5,598 $22,428
2019 $1,969 $23,976 $4,788 $19,188
2018 $1,919 $22,626 $4,518 $18,108
2017 $1,860 $19,926 $3,978 $15,948
2016 $1,912 $17,028 $3,402 $13,626
2015 $1,791 $15,004 $2,997 $12,007
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rhonda Mcfarlin

    Rosenbaum Realty Group

    (480) 588-1333

    3 in this area

    3 Total Sales

    Rhonda Mcfarlin
    Section Image
  • David Olmstead

    Buyer's Agent in 2023

    David Olmstead

    Keller Williams Arizona Realty

    (480) 305-4057

    2 in this area

    19 Total Sales

    David Olmstead
    Section Image
  • Daniel Rosenbaum

    Seller's Agent in 2021

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    1 in this area

    29 Total Sales

    Daniel Rosenbaum
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Richardson

    Rosenbaum Realty Group

  • Nancy Kallas

    Seller's Agent in 2017

    Nancy Kallas

    Treasured Real Estate, LLC

    (480) 628-0990

    53 Total Sales

    Nancy Kallas
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5360488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-12-671

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1324 N Farrell Ct Unit 109, Gilbert, AZ

This home is located at 1324 N Farrell Ct Unit 109, Gilbert, AZ 85233 and is currently priced at $320,000, approximately $80 per square foot. This property was built in 2007. 1324 N Farrell Ct Unit 109 is a home located in Maricopa County with nearby schools including Oak Tree Elementary School, Mesquite Junior High School, and Mesquite High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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