NOT LISTED FOR SALE

1940 W Baseline Rd Unit 9 Mesa, AZ 85202

Dobson Neighborhood

Estimated Value: $2,365,880

-- Bed
-- Bath
12,225 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 27, 2020

Last sale price $958 $0 Per Sq Ft

Est. 246,860% increase in value since last sale

Current estimated payment $14,831/month

81 Days on Market

About This Home

As of January 2020

Great retail location. Median house hold income is $63,496 in 1 mile radius. Traffic count approximately 24,000 cars at Dobson and Baseline.

Last Agent to Sell the Property

Rick Kehm

Arizona Investment & Mgt, LLC License #SA669796000 Listed on: 11/05/2019

Co-Listed By

George Gibson

Arizona Investment & Mgt, LLC License #SA577890000

Last Buyer's Agent

Rick Kehm

Arizona Investment & Mgt, LLC License #SA669796000 Listed on: 11/05/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 1.66 Acre Lot
  • Property is zoned LC

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heat Pump System
  • Master Water Meter

Community Details

  • Dobson Commercial Center Lot 1 7 Subdivision

Listing and Financial Details

  • Property Available on 11/18/19
  • Tax Lot 1
  • Assessor Parcel Number 305-02-905

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: S Dobson and Baseline Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: LC
  • Current Use: Retail
  • Lease Info Annual C A M Sq Ft: 5.39
  • Lease Info Annual Lease Price: 11496.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3 - 5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 958
  • Year Built: 1984
  • Tax Year: 2019
  • Lot Size Acres: 1.66
  • Co List Office Mls Id: azim01
  • Co List Office Phone: 602-277-7368
  • Subdivision Name: DOBSON COMMERCIAL CENTER LOT 1-7
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Office A/C
  • Heating: Heat Pump
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 72361.0
  • Additional Parcels: No
  • Parcel #: 305-02-905
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-11-18

Multi Family

  • Leasable Area: 958.0

Tax Info

  • Tax Annual Amount: 21297.0
  • Tax Book Number: 305.00
  • Tax Lot: 1
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Western Management Llc and Siciliano Eugene L
Bought by
2022 Ahern Family Trust and Brent Family Trust
Current Estimated Value
$2,365,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,292,500
Outstanding Balance
$1,285,186
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,055,261

Purchase Details

Closed on
Jul 19, 2022
Sold by
Western Management Llc
Bought by
Siciliano Eugene L

Purchase Details

Closed on
Mar 15, 2017
Sold by
S M G Investments Llc
Bought by
Western Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2000
Sold by
Smg Corp
Bought by
S M G Investments Llc

Purchase Details

Closed on
Jul 18, 1999
Sold by
Smg Corp
Bought by
City Of Mesa

Purchase Details

Closed on
Dec 14, 1998
Sold by
Sdc Real Estate Management Inc
Bought by
Smg Corp and Smg 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
$300,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
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
2022 Ahern Family Trust $2,320,000 Thomas Title & Escrow
Siciliano Eugene L -- None Listed On Document
Western Management Llc $2,100,000 First Amer Title Ins Co Natl
S M G Investments Llc $750,000 Stewart Title & Trust
City Of Mesa -- Security Title Agency
Smg Corp $1,346,531 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2022 Ahern Family Trust $1,292,500
Previous Owner Western Management Llc $1,375,000
Previous Owner Western Management Llc $1,500,000
Previous Owner Smg Corp $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2020 01/27/20 Sold $958 -31.0% $0 / Sq Ft
11/04/2019 11/04/19 For Sale $1,388 -- $0 / 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 $21,184 $209,281 -- --
2024 $22,005 $205,543 -- --
2023 $22,005 $284,291 $177,599 $106,692
2022 $22,183 $206,676 $108,553 $98,123
2021 $23,096 $209,808 $111,654 $98,154
2020 $22,795 $207,486 $110,376 $97,110
2019 $21,297 $189,954 $95,418 $94,536
2018 $20,441 $190,602 $99,630 $90,972
2017 $19,831 $179,784 $92,250 $87,534
2016 $19,463 $174,294 $82,368 $91,926
2015 $18,801 $148,556 $74,241 $74,315
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rick Kehm

    Arizona Investment & Mgt, LLC

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    George Gibson

    Arizona Investment & Mgt, LLC

    (602) 277-7368

    7 Total Sales

    George Gibson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6000981

Arizona Regional Multiple Listing Service (ARMLS)

APN: 305-02-905

Arizona Maricopa County Mesa 85202 Dobson

1940 W Baseline Rd Unit 9, Mesa, AZ

This home is located at 1940 W Baseline Rd Unit 9, Mesa, AZ 85202 since 05 November 2019 and is currently priced at $2,365,880, approximately $193 per square foot. This property was built in 1984. 1940 W Baseline Rd Unit 9 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Washington Elementary School, and Franklin Accelerated Academy Jordan Campus.

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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