NOT LISTED FOR SALE

1447 W Elliot Rd Unit 101 Gilbert, AZ 85233

The Islands Neighborhood
-- Bed
-- Bath
4,797 Sq Ft
1,198 Sq Ft Lot

Last Sold April 01, 2020

Last sale price $4,050 $1 Per Sq Ft

203 Days on Market

About This Home

As of April 2020

• Professional Office Space Available
• Move-in-Ready Condition
• +/- 2,400 SF
• For Lease: $20.25 PSF Modified Gross
• Located within Oasis at the Islands Professional Plaza
• Beautiful Lakeside Views
• Central to Loop 101, Loop 202 and US 60 Freeways
• Close Proximity to Multiple Business and Retail Amenities
• Building and Monument Signage Opportunities Available
• Plenty of Parking - Handicap Accessible

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 09/04/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2003

Lot Details

  • 1,198 Sq Ft Lot
  • Additional Parcels
  • Property is zoned SC

Home Design

  • 4,797 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Community Details

  • Oasis At The Islands Professional Plaza Condominiu Subdivision

Listing and Financial Details

  • Property Available on 9/4/19
  • The owner pays for (see remarks)
  • Tax Lot B101
  • Assessor Parcel Number 302-35-368-A

Property Details

Property Type

Other

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: W Elliot Rd & S McQueen Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: SC
  • Lease Info Annual Lease Price: 48600.0
  • Lease Info Annual Lse Prc P S F: 20.25
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2400
  • Year Built: 2003
  • Tax Year: 2019
  • Lot Size Acres: 0.03
  • Subdivision Name: OASIS AT THE ISLANDS PROFESSIONAL PLAZA CONDOMINIU
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 4797.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1198.0
  • Additional Parcels: Yes
  • Parcel #: 302-35-368-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-09-04

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 2400.0

Tax Info

  • Tax Annual Amount: 2007.0
  • Tax Book Number: 302.00
  • Tax Lot: B101
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2015
Sold by
Siasam Llc
Bought by
Elliot Road Properties Llc
Total Days on Market
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Outstanding Balance
$219,398
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2014
Sold by
Bowdge Properties Llc
Bought by
Siasam Llc

Purchase Details

Closed on
Dec 4, 2012
Sold by
White Bryan Alan and White Heidi Lucinda
Bought by
Bowdge Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,520
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2012
Sold by
Islands Llc
Bought by
White Bryan Alan and White Heidi Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,520
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2010
Sold by
The West G & A Associates Lp
Bought by
Islands Llc
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 Buyer Sale Price Title Company
Elliot Road Properties Llc $204,000 Chicago Title Agency Inc
Siasam Llc $150,000 Chicago Title Agency Inc
Bowdge Properties Llc -- First Arizona Title Agency
White Bryan Alan $163,600 First Arizona Title Agency
Islands Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliot Road Properties Llc $284,800
Previous Owner White Bryan Alan $114,520
Previous Owner White Bryan Alan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $4,050 0.0% $1 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $4,050 -1.2% $1 / Sq Ft
09/04/2019 09/04/19 For Sale $4,100 -- $1 / 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 $1,988 $22,047 -- --
2024 $2,059 $21,653 -- --
2023 $2,059 $38,964 $7,786 $31,178
2022 $2,061 $32,918 $6,580 $26,338
2021 $2,193 $31,428 $6,282 $25,146
2020 $2,161 $30,096 $6,012 $24,084
2019 $2,007 $28,620 $5,724 $22,896
2018 $1,952 $24,876 $4,968 $19,908
2017 $1,888 $19,368 $3,870 $15,498
2016 $1,936 $18,810 $3,762 $15,048
2015 $1,849 $15,947 $3,182 $12,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5973874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-368A