NOT LISTED FOR SALE

207 N Gilbert Rd Unit 101 Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $381,199

-- Bed
-- Bath
33,836 Sq Ft
$11/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $140,000 $4 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,386/month

43 Days on Market

Highlights

  • 0.78 Acre Lot
  • Elevator
  • Concrete Flooring
  • Burk Elementary School Rated A-
  • Display Windows
  • 2-minute walk to Water Tower Plaza

About This Home

As of December 2012

FABULOUSLY HIGH VISIBILITY LOCATION IN DOWNTOWN GILBERT'S HERITAGE COURT. WAS PREVIOUSLY CONFIGURED AS AN OFFICE, BUT SPACE CAN BE A RESTAURANT OR RETAIL. STREET LEVEL UNIT FACING GILBERT ROAD.
THIS IS A SHORT SALE AND MUST BE APPROVED BY LENDER, QUICK TURNAROUND!VERY QUICK TURNAROUND!

Last Agent to Sell the Property

James Warburton

Zion Realty, LLC License #SA534499000 Listed on: 09/30/2012

Last Buyer's Agent

James Hurley

AZCO Properties, LLC License #SA546567000

Property Details

Property Type

  • Other

Year Built

  • Built in 2000

Lot Details

  • 0.78 Acre Lot
  • Property is zoned chk

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 33,836 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 100 Open Parking Spaces
  • 100 Parking Spaces

Utilities

  • Heating Available
  • Master Water Meter

Community Details

  • Heritage Court Subdivision
  • Elevator
  • Operating Expense $8,632

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 304-41-919

Property Details

Property Type

Other

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: chk
  • Current Use: Mixed Use, Retail, Service Business, Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 2000
  • Tax Year: 2011
  • Directions: FROM US 60 EXIT GILBERT RD AND HEAD SOUTH GO EAST (LEFT) ON CULLUMBER AND TURN LEFT INTO PARKING LOT IN REAR OF BUILDING.
  • Lot Size Acres: 0.78
  • Subdivision Name: HERITAGE COURT
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block, Brick
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 100.0
  • Total Parking Spaces: 100.0
  • General Property Description:Uncvrd Parking Spcs: 100.0
  • General Property Description:Total Parking Spcs: 100.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Public Elevator(s), Display Window(s)
  • Water Source: Master Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 33835.0
  • Additional Parcels: No
  • Parcel #: 304-41-919
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8632.0
  • Leasable Area: 1280.0

Tax Info

  • Tax Annual Amount: 3820.0
  • Tax Book Number: 304.00
  • Tax Lot: 101
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2012
Closed on
Nov 19, 2012
Sold by
James Jason Properties Llc
Bought by
D & T Investments Llc
Seller's Agent
James Warburton
Zion Realty, LLC
Buyer's Agent
James Hurley
AZCO Properties, LLC
List Price
$199,900
Sold Price
$140,000
Premium/Discount to List
-$59,900
-29.96%
Total Days on Market
43
Current Estimated Value
$381,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,199
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Oct 10, 2005
Sold by
Roggensee Jason
Bought by
James Jason 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
$225,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2005
Sold by
Bdg 103 Llc
Bought by
Roggensee Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.7%
Mortgage Type
Commercial
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
D & T Investments Llc $140,000 Lawyers Title Of Arizona Inc
James Jason Properties Llc -- --
Roggensee Jason $281,820 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Jason Properties Llc $90,000
Previous Owner Roggensee Jason $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $140,000 -30.0% $4 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
09/30/2012 09/30/12 For Sale $199,900 -- $6 / 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 $2,966 $32,891 -- --
2024 $3,072 $32,304 -- --
2023 $3,072 $46,104 $9,214 $36,890
2022 $3,075 $38,798 $7,753 $31,045
2021 $3,272 $37,080 $7,416 $29,664
2020 $3,223 $35,820 $7,164 $28,656
2019 $2,994 $34,020 $6,804 $27,216
2018 $2,912 $29,376 $5,868 $23,508
2017 $2,816 $29,664 $5,922 $23,742
2016 $2,888 $27,018 $5,400 $21,618
2015 $2,706 $23,347 $4,662 $18,685
Source: Public Records

Agents Affiliated with this Home

  • James Warburton

    Seller's Agent in 2012

    James Warburton

    Zion Realty, LLC

    (480) 236-3067

    Section Image
  • James Hurley

    Buyer's Agent in 2012

    James Hurley

    AZCO Properties, LLC

    (602) 750-4003

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4826839

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-41-919

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

207 N Gilbert Rd Unit 101, Gilbert, AZ

This home is located at 207 N Gilbert Rd Unit 101, Gilbert, AZ 85234 since 30 September 2012 and is currently estimated at $381,199, approximately $11 per square foot. This property was built in 2000. 207 N Gilbert Rd Unit 101 is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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