$285,000
SOLD OCT 26, 2018

170 S William Dillard Dr Unit 103 Gilbert, AZ 85233

The Islands Neighborhood
-- Bed
-- Bath
16,154 Sq Ft
3,501 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

66% Below List Price

12 Days on Market

Highlights

  • Gated Community
  • Concrete Flooring
  • Heating Available
  • Islands Elementary School Rated A-

About This Home

As of April 2019

Hurry to see this office/warehouse space!! It is in the perfect location in Gilbert, with easy access to Highways 60, 101, and 202 loop. This unit is 2470 square feet and features a 16' ceiling with a 12 x 14 roll up door. Very easy to show!

Last Agent to Sell the Property

Scott Brown

Realty ONE Group License #SA632731000 Listed on: 09/06/2018

Last Buyer's Agent

Alex Affas, CCIM

AFFIRE, LLC License #BR670396000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 2003

Lot Details

  • 3,501 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned L1

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 16,154 Sq Ft Home
  • Concrete Flooring

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Heating Available
  • Master Water Meter

Community Details

  • Elliot Commons Business Center Condominium Subdivision
  • Operating Expense $4,471
  • Gated Community

Listing and Financial Details

  • Tax Lot F102
  • Assessor Parcel Number 302-29-499

Property Details

Property Type

Other

Est. Annual Taxes

$4,471

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Elliot Rd & Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: L1
  • Current Use: Warehouse
  • Number Of Buildings: 1
  • Year Built: 2003
  • Tax Year: 2017
  • Directions: Head east on Elliot Rd from Arizona Ave. Take a right, or south, on William Dillard to building 6 on right hand side, suite 116
  • Lot Size Acres: 0.08
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: ELLIOT COMMONS BUSINESS CENTER CONDOMINIUM
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Free: Yes

Utilities

  • Electric: Submetered System, SRP
  • Cooling: Warehouse Evap
  • Heating: Electric
  • Green Building Features: Security Gate
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 3501.0
  • Additional Parcels: No
  • Parcel #: 302-29-499
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4471.0
  • Leasable Area: 2470.0

Tax Info

  • Tax Annual Amount: 4471.0
  • Tax Book Number: 302.00
  • Tax Lot: F102
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Echo Group Llc
Bought by
Vanpire Llc
Total Days on Market
12
Current Estimated Value
$1,033,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,000
Outstanding Balance
$917,932
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$112,451

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 11, 2019
Sold by
Bieser Investments Llc
Bought by
Echo Group Llc
Seller's Agent
Scott Brown
Realty ONE Group
Buyer's Agent
Alex Affas, CCIM
AFFIRE, LLC
List Price
$560,000
Sold Price
$495,000
Premium/Discount to List
-$65,000
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$414,300
Interest Rate
4.3%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Aug 15, 2012
Sold by
Elliot Capital Llc
Bought by
Bieser Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,600
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2004
Sold by
Biltmore Elliot Llc
Bought by
Elliot Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Biltmore Elliot Llc
Bought by
Maple Lane Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Special Warranty Deed $1,050,000 Landmark Title
Warranty Deed $446,405 Great American Title Agency
Warranty Deed $319,500 Great American Title Agency
Special Warranty Deed $425,684 Lawyers Title Insurance Corp
Special Warranty Deed $585,700 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $929,000 New Conventional
Previous Owner $414,300 Small Business Administration
Previous Owner $31,600 Commercial
Previous Owner $224,000 Commercial
Previous Owner $332,000 Purchase Money Mortgage
Previous Owner $628,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $495,000 -7.5% $31 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $535,000 -2.7% $33 / Sq Ft
02/21/2019 02/21/19 Price Changed $550,000 -1.8% $34 / Sq Ft
01/05/2019 01/05/19 For Sale $560,000 +96.5% $35 / Sq Ft
10/26/2018 10/26/18 Sold $285,000 0.0% $18 / Sq Ft
10/24/2018 10/24/18 Price Changed $285,000 -49.1% $18 / Sq Ft
10/17/2018 10/17/18 Price Changed $560,000 -0.9% $35 / Sq Ft
09/20/2018 09/20/18 Price Changed $565,000 -33.5% $35 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $850,000 -- $53 / 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 $4,712 $51,940 -- --
2024 $4,875 $51,012 -- --
2023 $4,875 $75,531 $15,096 $60,435
2022 $4,877 $64,891 $12,968 $51,923
2021 $5,190 $63,090 $12,618 $50,472
2020 $5,112 $59,274 $11,844 $47,430
2019 $4,750 $53,190 $10,638 $42,552
2018 $4,622 $47,250 $9,450 $37,800
2017 $4,471 $45,648 $9,126 $36,522
2016 $4,567 $41,940 $8,388 $33,552
2015 $4,297 $38,517 $7,696 $30,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5816400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-29-486