NOT LISTED FOR SALE

Estimated Value: $402,689

Studio
-- Bath
33,836 Sq Ft
$12/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $382,500 $11 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,339/month

6 Days on Market

Highlights

  • Elevator
  • Central Air
  • Heating Available
  • Burk Elementary School Rated A-
  • Concrete Flooring
  • 2-minute walk to Water Tower Plaza

About This Home

As of February 2019

First floor, main level location currently housing a Tattoo parlor facing Gilbert Road. Long term tenant paying $2600 a month wishes to remain. Current lease ends November 2019. Tenant has been there ten plus years. Perfect street frontage location in an upscale building that has multiple levels, public restrooms, elevator, substantial parking in rear of building. This commercial condo has great continued income potential. Complex includes restaurant, medical and dental offices,, dance studio and assorted other retail.

Last Agent to Sell the Property

Bill Spain

Provident Partners Realty License #BR557260000 Listed on: 01/16/2019

Co-Listed By

Patricia Hatton

Provident Partners Realty License #BR668124000

Last Buyer's Agent

Sara Medina

HomeSmart Realty License #SA566871000

HomeSmart Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 2000

Lot Details

  • 1,381 Sq Ft Lot
  • Property is zoned Commercial

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 33,836 Sq Ft Home
  • Concrete Flooring

Parking

  • 100 Open Parking Spaces
  • 100 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 304-41-925

Community Details

Overview

  • 13 Buildings
  • Heritage Court Condominiums Subdivision

Amenities

  • Elevator

Property Details

Property Type

Other

Est. Annual Taxes

$3,157

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: Gilbert and Elliot
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Current Use: Mixed Use
  • Number Of Buildings: 13
  • Year Built: 2000
  • Tax Year: 2018
  • Lot Size Acres: 0.03
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: mkrs01
  • Co List Office Phone: 480-314-1414
  • Subdivision Name: HERITAGE COURT CONDOMINIUMS
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Built-Up, Foam, Other, See Remarks
  • 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:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Public Elevator(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 1381.0
  • Additional Parcels: No
  • Parcel #: 304-41-925
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1200.0
  • Insurance Expense: 750.0

Tax Info

  • Tax Annual Amount: 3157.0
  • Tax Book Number: 304.00
  • Tax Lot: 113
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2019
Sold by
Palmgren Building Corporation
Bought by
Gilbert 207 Llc
Current Estimated Value
$402,689
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
Gilbert 207 Llc $258,000 Chicago Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $382,500 -3.2% $11 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $395,000 -- $12 / 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 $2,925 $32,213 -- --
2024 $3,008 $31,638 -- --
2023 $3,008 $45,084 $9,010 $36,074
2022 $3,012 $37,941 $7,578 $30,363
2021 $3,204 $36,270 $7,254 $29,016
2020 $3,157 $35,028 $7,002 $28,026
2019 $2,933 $33,264 $6,642 $26,622
2018 $2,852 $28,746 $5,742 $23,004
2017 $2,758 $29,034 $5,796 $23,238
2016 $2,828 $26,460 $5,292 $21,168
2015 $2,651 $22,867 $4,570 $18,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5868884

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-41-918