NOT LISTED FOR SALE

1470 N Horne St Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $2,433,623

-- Bed
-- Bath
9,239 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $1,900,000 $206 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,349/month

264 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Concrete Flooring
  • 0.91 Acre Lot
  • Central Air

About This Home

As of June 2017

This is a 1 tenant building waiting to be sold or leased out. The Building has a 6,789 SF office build out and 2,449 SF warehouse space on a .91 acre lot zoned light industrial (I-1). Beautiful office build out with large atrium style reception, 1 large conference room downstairs, 9 large offices downstairs, media/mail center, 1 downstairs break room and 2 downstairs restrooms with large shower enclosures. Upstairs includes 2 executive suites, 6 large offices and 1 bathroom. Warehouse has two 14 foot roll up doors and 2 large Evaporator coolers. Property also has a security system, 2 automatic gates, extra high perimeter block fence and 29 parking spaces, 8 of which are covered. This building is located in a popular part of the East Valley and is very close to the US 60 highway.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 09/01/2016

Keller Williams Realty East Valley

Last Buyer's Agent

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 09/01/2016

Keller Williams Realty East Valley

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,835

Year Built

  • Built in 2008

Lot Details

  • 0.91 Acre Lot
  • Block Wall Fence
  • Property is zoned I-L

Home Design

  • Tilt Up Walls
  • Tile Roof

Interior Spaces

  • 9,239 Sq Ft Home
  • Concrete Flooring

Parking

  • 21 Open Parking Spaces
  • 29 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 302-12-631

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Fuller Commercial Center 2 Subdivision
  • Operating Expense $15,835
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$15,835

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: Baseline between Mesa Dr & Stapley
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: I-L
  • Bay Info Bay Door Height: 14.0
  • Current Use: Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 2008
  • Tax Year: 2015
  • Directions: East or West to Horne, south of propery
  • Lot Size Acres: 0.91
  • Subdivision Name: FULLER COMMERCIAL CENTER 2
  • Structure Type: Commercial, Industrial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Tilt-Up
  • Roof: See Remarks, Tile
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 29.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 29.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse Evap, Central A/C
  • Heating: Other, See Remarks
  • Green Building Features: Conference Room, Reception Room, Kitchen, Showers - Office, Security Gate
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 39492.0
  • Additional Parcels: No
  • Parcel #: 302-12-631
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 15835.0
  • Leasable Area: 9239.0

Tax Info

  • Tax Annual Amount: 15835.0
  • Tax Book Number: 302.00
  • Tax Lot: 3
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
Senergy Offices Llc
Bought by
Horne Gilbert Property Llc
Current Estimated Value
$2,433,623

Purchase Details

Closed on
Oct 11, 2018
Sold by
Senergy Properties Llc
Bought by
Senergy Offices Llc

Purchase Details

Listed on
Sep 1, 2016
Closed on
Jun 6, 2017
Sold by
Pattee John G and Pattee Hui
Bought by
Senergy Properties Llc
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$2,495,000
Sold Price
$1,900,000
Premium/Discount to List
-$595,000
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Hills Craig A and Hills Tricia
Bought by
Pattee John G and Pattee Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2006
Sold by
Talon Holdings Llc
Bought by
Hills Craig A and Hills Tricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.51%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Horne Gilbert Property Llc $1,549,375 Pioneer Title Agency Inc
Senergy Offices Llc -- Pioneer Title Agency Inc
Senergy Offices Llc -- None Available
Senergy Properties Llc $1,900,000 Thomas Title & Escrow
Pattee John G $1,500,000 American Title Svc Agency Ll
Hills Craig A $355,023 Lawyers Title Insurance Corp
Talon Holdings Llc -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pattee John G $900,000
Previous Owner Hills Craig A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $1,900,000 -23.8% $206 / Sq Ft
09/01/2016 09/01/16 For Sale $2,495,000 -- $270 / 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 $17,354 $192,442 -- --
2024 $17,973 $189,006 -- --
2023 $17,973 $259,233 $43,129 $216,104
2022 $17,993 $224,280 $41,860 $182,420
2021 $19,142 $226,674 $43,056 $183,618
2020 $18,859 $223,110 $40,140 $182,970
2019 $17,520 $200,412 $35,694 $164,718
2018 $17,038 $200,304 $32,364 $167,940
2017 $16,479 $181,134 $31,428 $149,706
2016 $16,896 $161,586 $28,062 $133,524
2015 $15,835 $155,789 $26,640 $129,149
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    1 in this area

    31 Total Sales

    Hani Aldulaimi
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5491545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-12-631

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1470 N Horne St, Gilbert, AZ

This home is located at 1470 N Horne St, Gilbert, AZ 85233 since 01 September 2016 and is currently estimated at $2,433,623, approximately $263 per square foot. This property was built in 2008. 1470 N Horne St 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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