NOT LISTED FOR SALE

2158 N Gilbert Rd Unit 123 Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $684,357

1 Bed
-- Bath
6,809 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $490,000 $72 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,992/month

205 Days on Market

About This Home

As of September 2020

• Built-out Dental Office
• Five (5) Operatories, administrative offices, lab, sterile, reception with check-in/check-out, two (2) restrooms
• +/- 2,100 SF
• For Sale: $495,000 ($235.71/PSF)
• For Lease: $22.00/PSF NNN

Last Listed By

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 09/28/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 2005

Lot Details

  • 1,949 Sq Ft Lot
  • Property is zoned O-C

Home Design

  • 6,809 Sq Ft Home

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Community Details

  • Red Mountain Professional Plaza Condominium 1St Am Subdivision
  • Operating Expense $2,373

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 136-06-255

Property Details

Property Type

Other

Est. Annual Taxes

$2,373

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: N Gilbert Rd & E McKellips Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: O-C
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2005
  • Tax Year: 2019
  • Lot Size Acres: 0.04
  • Subdivision Name: RED MOUNTAIN PROFESSIONAL PLAZA CONDOMINIUM 1ST AM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 6809.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1949.0
  • Parcel #: 136-06-255
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2373.0
  • Leasable Area: 2100.0

Tax Info

  • Tax Annual Amount: 2373.0
  • Tax Book Number: 136.00
  • Tax Lot: 124
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Sep 25, 2020
Sold by
Gilbert Road Holding Llc
Bought by
Micah James Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Total Days on Market
205
Current Estimated Value
$684,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,357
Avg. Annual Appreciation
7.72%
Original Mortgage
$394,000
Outstanding Balance
$353,789
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$336,581

Purchase Details

Closed on
Jul 21, 2006
Sold by
Gilbert Road Office Investors Llc
Bought by
Gilbert Road Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.57%
Mortgage Type
New Conventional

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
Micah James Llc $490,000 Commonwealth Title
Gilbert Road Holding Llc $360,675 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Micah James Llc $394,000
Closed Micah James Llc $394,000
Previous Owner Gilbert Road Holding Llc $1,401,000
Previous Owner Gilbert Road Holding Llc $792,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $490,000 -1.0% $72 / Sq Ft
09/28/2020 09/28/20 For Sale $495,000 0.0% $73 / Sq Ft
09/28/2020 09/28/20 Price Changed $495,000 0.0% $73 / Sq Ft
08/25/2020 08/25/20 Price Changed $495,000 0.0% $73 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $495,000 0.0% $73 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $495,000 -- $73 / 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 $2,360 $23,315 -- --
2024 $2,452 $22,899 -- --
2023 $2,452 $32,487 $6,494 $25,993
2022 $2,471 $29,978 $5,985 $23,993
2021 $2,573 $31,590 $6,318 $25,272
2020 $2,540 $26,496 $5,292 $21,204
2019 $2,373 $24,948 $4,986 $19,962
2018 $2,277 $21,618 $4,320 $17,298
2017 $2,209 $20,016 $3,996 $16,020
2016 $2,168 $18,540 $3,708 $14,832
2015 $2,095 $16,595 $3,312 $13,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6010548

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-06-255