NOT LISTED FOR SALE

207 N Gilbert Rd Unit 109 Gilbert, AZ 85234

Downtown Gilbert Neighborhood
-- Bed
-- Bath
33,836 Sq Ft
0.78 Acres

Last Sold April 19, 2013

Last sale price $1,500 $0 Per Sq Ft

151 Days on Market

Highlights

  • 0.78 Acre Lot
  • Meeting Room
  • Central Air
  • Burk Elementary School Rated A-
  • Elevator
  • 2-minute walk to Water Tower Plaza

About This Home

As of April 2013

Great down town Gilbert office space. Great for owner user or investment. Close to shopping, restaurants. Great open space for office or could be retail as the space is on the ground level close to the street.

Last Agent to Sell the Property

Daniel Noma

Venture REI, LLC License #BR559881000 Listed on: 11/19/2012

Last Buyer's Agent

Daniel Noma

Easy Street Offers Arizona LLC License #BR559881000

Easy Street Offers Arizona LLC

Property Details

Property Type

  • Other

Year Built

  • Built in 2000

Lot Details

  • 0.78 Acre Lot
  • Property is zoned CHK

Home Design

  • Wood Frame Construction
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Basement

Listing and Financial Details

  • Property Available on 12/1/12
  • Tenant pays for electricity, janitorial service, capital improvements
  • The owner pays for property taxes, common area maintenance
  • Tax Lot 109
  • Assessor Parcel Number 304-41-923

Community Details

Overview

  • Heritage Court Subdivision

Amenities

  • Meeting Room
  • Elevator
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: Gilbert Road and Elliot Road
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: CHK
  • Number Of Buildings: 1
  • Lease Info Annual Exp Stop Sq Ft: 1029.0
  • Lease Info Annual Lease Price: 18600.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1029
  • Year Built: 2000
  • Tax Year: 2012
  • Directions: North on Gilbert to property on east side of Gilbert road. Parking behind building.
  • Lot Size Acres: 0.78
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Heritage Court
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C, Central A/C
  • Heating: Electric
  • Green Building Features: Public Elevator(s), Basement, Conference Room, Reception Room, Physically Chln Feat
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Basement: Yes

Lot Info

  • Lot Size Sq Ft: 33835.0
  • Additional Parcels: No
  • Parcel #: 304-41-923
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2012-12-01

Multi Family

  • Owner Pays: Property Taxes, Common Area Maint
  • Tenant Pays: Electricity, Janitorial Service, Capital Improvements
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 1029.0

Tax Info

  • Tax Annual Amount: 2759.02
  • Tax Book Number: 304.00
  • Tax Lot: 109
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2012
Sold by
Waterfall Victoria Mortgage Trust 2010-S
Bought by
Gilbert207 Llc

Purchase Details

Closed on
Apr 6, 2011
Sold by
Meticulous Investments Llc
Bought by
Waterfall Victoria Mortgage Trust 2010-S

Purchase Details

Closed on
Apr 18, 2007
Sold by
Bdg 103 Llc
Bought by
Meticulous 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
$280,000
Interest Rate
6.11%
Mortgage Type
Commercial
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
Gilbert207 Llc $132,900 Old Republic Title Agency
Waterfall Victoria Mortgage Trust 2010-S $275,000 Servicelink
Meticulous Investments Llc $350,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meticulous Investments Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $1,500 -3.2% $0 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $1,550 -- $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 $4,012 $44,488 -- --
2024 $4,155 $43,694 -- --
2023 $4,155 $63,682 $12,733 $50,949
2022 $4,160 $53,235 $10,640 $42,595
2021 $4,425 $50,904 $10,170 $40,734
2020 $4,360 $49,014 $9,792 $39,222
2019 $4,050 $46,386 $9,270 $37,116
2018 $3,939 $39,924 $7,974 $31,950
2017 $3,810 $40,374 $8,064 $32,310
2016 $3,906 $36,468 $7,290 $29,178
2015 $3,661 $31,580 $6,309 $25,271
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4852226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-41-937