NOT LISTED FOR SALE

Estimated Value: $1,475,281

-- Bed
-- Bath
5,169 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $797,500 $154 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,821/month

89 Days on Market

Highlights

  • 0.71 Acre Lot
  • Community Kitchen
  • Multiple Heating Units
  • Neely Traditional Academy Rated A
  • Central Air

About This Home

As of July 2017

Great opportunity for Owner/User or can easily be subdivided w/ 3 exterior entrances & 3 meters for multi-tenant. Zoned General Commercial and can be used for a variety of uses; office, restaurant, retail, medical. See attached City of Gilbert permitted uses. Updated 5169 sf Stand-Alone Building. Baseline Rd frontage w/monument signage, resurfaced 35 space parking lot on 30,840 sf lot. Owner updates include: two 5 ton heat pump HVAC units, foam roof, exterior/interior paint, tile, 2 bathrooms remodeled, cabinets & appliances in kitchen area, outside water valves replaced & security baskets installed, blinds, parking lot lights, and 2 updated ADA compliant handicap parking spaces. Reception, bullpen, training room, and 16 offices. Too much to list. Drive by Only. Please do not disturb tena

Last Agent to Sell the Property

Kathleen O'Herron

AZ Flat Fee License #BR557017000 Listed on: 02/25/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,686

Year Built

  • Built in 1997

Lot Details

  • 0.71 Acre Lot
  • Property is zoned GC General Comm

Home Design

  • 5,169 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Metal Siding

Parking

  • 35 Open Parking Spaces
  • 35 Parking Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 304-95-530

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Burke Plaza 1 Subdivision
  • Operating Expense $11,686

Property Details

Property Type

Other

Est. Annual Taxes

$11,686

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Cross Street: Baseline & Gilbert Road
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: GC General Comm
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1997
  • Tax Year: 2016
  • Directions: US 60 exit at Gilbert Road, head South on Gilbert Rd to Baseline Rd, Head East on Baseline Rd to building on South Side of Baseline Rd
  • Lot Size Acres: 0.71
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: BURKE PLAZA 1
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Foam
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 35.0
  • Total Parking Spaces: 35.0
  • General Property Description:Uncvrd Parking Spcs: 35.0
  • General Property Description:Total Parking Spcs: 35.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Heat Pump, Office A/C, Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 30840.0
  • Additional Parcels: No
  • Parcel #: 304-95-530
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 11686.0

Tax Info

  • Tax Annual Amount: 11686.0
  • Tax Book Number: 304.00
  • Tax Lot: 3
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Srh Llc
Bought by
Rodney And Kay Jorgensen Trust
Current Estimated Value
$1,475,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Huston Steven G and Huston Randall W
Bought by
Srh Llc

Purchase Details

Listed on
Feb 25, 2017
Closed on
Jul 28, 2017
Sold by
2353 Baseline Llc
Bought by
Huston Steven G and Huston Randall W
Seller's Agent
Kathleen O'Herron
AZ Flat Fee
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$850,000
Sold Price
$797,500
Premium/Discount to List
-$52,500
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Nov 21, 2012
Sold by
Premier Marketing Investment Llc
Bought by
2353 Baseline Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2000
Sold by
Wells Fargo Bank Na and Goettl Adam D
Bought by
Sun Valley Group Inc and Adam D Goettl Family Trust

Purchase Details

Closed on
Sep 22, 2000
Sold by
Wells Fargo Bank Na
Bought by
Sun Valley Group Inc and Adam D Goettl Family Trust

Purchase Details

Closed on
Nov 5, 1997
Sold by
Stephens William A and Stephens Larry D
Bought by
Premiere Marketing 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
$475,000
Interest Rate
7.26%
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
Rodney And Kay Jorgensen Trust -- Grand Canyon Title
Srh Llc -- Grand Canyon Title
Srh Llc -- None Available
Huston Steven G -- None Available
Huston Steven G $797,500 American Title Service Agenc
2353 Baseline Llc -- None Available
Sun Valley Group Inc -- --
Sun Valley Group Inc -- --
Premiere Marketing Investments Llc $525,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodney And Kay Jorgensen Trust $1,080,000
Previous Owner Premiere Marketing Investments Llc $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $797,500 -6.2% $154 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $850,000 -- $164 / 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 $11,998 $131,900 -- --
2024 $12,422 $129,545 -- --
2023 $12,422 $155,958 $71,587 $84,371
2022 $12,428 $156,555 $60,550 $96,005
2021 $13,211 $140,760 $62,280 $78,480
2020 $13,028 $125,226 $67,428 $57,798
2019 $12,102 $126,378 $60,696 $65,682
2018 $11,772 $114,156 $47,664 $66,492
2017 $11,390 $115,326 $44,136 $71,190
2016 $11,686 $95,652 $32,688 $62,964
2015 $11,867 $104,766 $59,330 $45,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5566389

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-95-530