NOT LISTED FOR SALE

1757 E Baseline Rd Unit 111 Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $452,796

Studio
-- Bath
7,139 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $2,488 $0 Per Sq Ft

Est. 18,099% increase in value since last sale

Current estimated payment $2,639/month

11 Days on Market

Highlights

  • Meeting Room
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of February 2021

Professional Office condo, Conveniently located on Baseline Rd, just west of Gilbert Rd. Minutes to freeway (60), walk to shops and restaurants.

Condo consists of professional reception and waiting area, Glass see through Conference room right off the reception area, 4 private Offices, open space in the back, 2 restrooms, and utilities room.

Comes with two free covered parking spaces, plus plenty of uncovered spaces.

$17.95 PSF/Base rent
$4.68 PSF/NNN

Last Agent to Sell the Property

Ninos Lazar

Investar Real Estate Specialists License #BR534846000 Listed on: 02/02/2021

Last Buyer's Agent

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000

Keller Williams Realty East Valley

Property Details

Property Type

  • Other

Year Built

  • Built in 2005

Lot Details

  • 1,756 Sq Ft Lot

Home Design

  • 7,139 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 22 Parking Spaces
  • 2 Covered Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 2/1/21
  • Tenant pays for electricity, liability insurance, janitorial service, common area maintenance
  • Tax Lot 111
  • Assessor Parcel Number 314-01-021

Community Details

Overview

  • Gilbert Township Villas Condominium Subdivision

Amenities

  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2005

Lot Details

1,756 Sq Ft Lot

Listing Details

  • Cross Street: Baseline/Gilbert
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: NO
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 4.68
  • Lease Info Annual Lease Price: 31520.2
  • Lease Info Annual Lse Prc P S F: 17.95
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-10
  • Lease Info Space Divisible: No
  • Year Built: 2005
  • Tax Year: 2020
  • Lot Size Acres: 0.04
  • Subdivision Name: GILBERT TOWNSHIP VILLAS CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 7139.0

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 22.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 1756.0
  • Additional Parcels: No
  • Parcel #: 314-01-021
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-02-01

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Liability Insurance, Janitorial Service, Common Area Maintenance
  • Existing Lease Type: NNN
  • Leasable Area: 1756.0

Tax Info

  • Tax Annual Amount: 3984.0
  • Tax Book Number: 314.00
  • Tax Lot: 111
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Jan 13, 2021
Sold by
Marshall Alicia R and Marshall Eric
Bought by
Siaram Llc
Seller's Agent
Ninos Lazar
Investar Real Estate Specialists
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$2,627
Sold Price
$2,488
Premium/Discount to List
-$139
-5.29%
Current Estimated Value
$452,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,308
Avg. Annual Appreciation
183.15%

Purchase Details

Closed on
May 11, 2006
Sold by
Gilbert Township Villas Llc
Bought by
Marshall Eric and Marshall Alicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.55%
Mortgage Type
Commercial
Source: Public Records
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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
Siaram Llc $350,000 Fidelity Natl Ttl Agcy Inc
Marshall Eric $307,300 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Eric $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2021 02/15/21 Sold $2,488 -5.3% $0 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $2,627 -99.2% $0 / Sq Ft
01/25/2021 01/25/21 Sold $350,000 -12.3% $49 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $399,000 -- $56 / 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 $3,687 $40,475 -- --
2024 $3,792 $39,752 -- --
2023 $3,792 $57,239 $11,441 $45,798
2022 $3,795 $49,841 $9,958 $39,883
2021 $4,037 $49,248 $9,846 $39,402
2020 $3,977 $48,204 $9,630 $38,574
2019 $3,695 $42,696 $8,532 $34,164
2018 $3,594 $39,744 $7,938 $31,806
2017 $3,476 $37,080 $7,416 $29,664
2016 $3,565 $34,596 $6,912 $27,684
2015 $3,341 $28,731 $5,735 $22,996
Source: Public Records

Agents Affiliated with this Home

  • Ninos Lazar

    Seller's Agent in 2021

    Ninos Lazar

    Investar Real Estate Specialists

    (877) 717-5050

    18 Total Sales

    Ninos Lazar
    Section Image

  • T

    Seller's Agent in 2021

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • H

    Buyer's Agent in 2021

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    32 Total Sales

    Hani Aldulaimi
    Section Image
  • Sanjay Jawa

    Buyer's Agent in 2021

    Sanjay Jawa

    Investar Real Estate Specialists

    (480) 232-0254

    13 Total Sales

    Sanjay Jawa
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6188589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 314-01-021

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1757 E Baseline Rd Unit 111, Gilbert, AZ

Not Listed for Sale

Other

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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