NOT LISTED FOR SALE

2373 E Baseline Rd Unit 102 Gilbert, AZ 85234

Northwest Gilbert Neighborhood

Estimated Value: $2,061,477

-- Bed
-- Bath
5,000 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $2,783 $1 Per Sq Ft

Est. 73,974% increase in value since last sale

Current estimated payment $11,702/month

127 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Neely Traditional Academy Rated A

About This Home

As of March 2021

• Approximately +/- 1,670 SF
• Lease Rate: $22.50 PSF
• Monument Signage
• Baseline Frontage
• New HVAC
• Newly repaved parking lot
• Last Available Suite
• Five Offices, Bullpen, Reception & Restroom

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 09/16/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1997

Lot Details

  • Property is zoned GC

Interior Spaces

  • 5,000 Sq Ft Home
  • Carpet

Parking

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Burke Plaza 1 Subdivision

Listing and Financial Details

  • Property Available on 9/16/20
  • Tenant pays for electricity, janitorial service
  • The owner pays for property taxes, exterior maint, trash, sewer, water, gas
  • Tax Lot 4
  • Assessor Parcel Number 304-95-531

Property Details

Property Type

Other

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Cross Street: E Baseline Rd & N Corrine Dr
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: GC
  • Lease Info Annual Lease Price: 37575.0
  • Lease Info Annual Lse Prc P S F: 22.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1670
  • Year Built: 1997
  • Tax Year: 2020
  • Subdivision Name: BURKE PLAZA 1
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet
  • Living Area: 5000.0

Exterior Features

  • 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 304-95-531

Rental Info

  • Available Date: 2020-09-16

Multi Family

  • Owner Pays: Property Taxes, Exterior Maint, Trash, Sewer, Water, Gas
  • Tenant Pays: Electricity, Janitorial Service
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 1670.0

Tax Info

  • Tax Annual Amount: 9919.0
  • Tax Book Number: 304.00
  • Tax Lot: 4
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2003
Sold by
Mannino Matthew J
Bought by
Burk Plaza B Llc
Total Days on Market
127
Current Estimated Value
$2,061,477

Purchase Details

Closed on
Nov 5, 1997
Sold by
Stephens William A and Stephens Larry D
Bought by
Mannino Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back
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
Burke Plaza B Llc -- Capital Title Agency Inc
Mannino Matthew J $520,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burk Plaza B Llc $510,000
Closed Burk Plaza B Llc $574,503
Closed Burk Plaza B Llc $100,000
Closed Burk Plaza B Llc $325,000
Previous Owner Ray Shandon $225,000
Previous Owner Ray Shandon $50,000
Previous Owner Mannino Matthew J $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $2,783 -11.1% $1 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $3,131 -- $1 / 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 $9,136 $100,431 -- --
2024 $9,459 $98,638 -- --
2023 $9,459 $144,925 $56,015 $88,910
2022 $9,463 $150,570 $49,700 $100,870
2021 $10,059 $136,206 $51,120 $85,086
2020 $9,919 $114,336 $55,080 $59,256
2019 $9,215 $113,994 $49,752 $64,242
2018 $8,963 $102,276 $37,836 $64,440
2017 $8,673 $102,672 $35,028 $67,644
2016 $8,898 $79,812 $25,938 $53,874
2015 $8,340 $89,189 $46,602 $42,587
Source: Public Records

Agents Affiliated with this Home

  • Tanner Milne

    Seller's Agent in 2021

    Tanner Milne

    The Menlo Group Commercial Real Estate

    (480) 282-2225

    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6133052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-95-531

Arizona Maricopa County Gilbert 85204 Northwest Gilbert

2373 E Baseline Rd Unit 102, Gilbert, AZ

This home is located at 2373 E Baseline Rd Unit 102, Gilbert, AZ 85234 since 16 September 2020 and is currently estimated at $2,061,477, approximately $412 per square foot. This property was built in 1997. 2373 E Baseline Rd Unit 102 is a home located in Maricopa County with nearby schools including Neely Traditional Academy, Mesquite Junior High School, and EDUPRIZE School - Gilbert Campus.

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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