NOT LISTED FOR SALE

2727 W Baseline Rd Unit 11 Tempe, AZ 85283

South Mountain Neighborhood

Estimated Value: $572,453

-- Bed
-- Bath
35,001 Sq Ft
$16/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $275,000 $8 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,729/month

328 Days on Market

About This Home

As of February 2015

INDUSTRIAL/OFFICE CONDO FOR SALE OR LEASE IN BUSY TEMPE AREA!!! Join industrial, office and medical/flex users. Approximately 1,600 SF office, remainder warehouse. Lease rate negotiable. Ceiling height: 14' - 16'. 2 roll-up drive-ins 8' x 9'. Power: 200a/277-480v. 60 free surface spaces are available for the entire project. Abundant nearby retail amenities and close to freeways.

Last Listed By

Ronald Genovese

Avison Young License #BR008010000 Listed on: 03/07/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,452

Year Built

  • Built in 1984

Lot Details

  • 3,798 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned GID

Home Design

  • 35,001 Sq Ft Home
  • Tilt Up Walls
  • Wood Frame Construction
  • Block Exterior
  • Metal Siding

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Heating Available

Community Details

  • Mountain View Business Park Office Condominiums Subdivision
  • Operating Expense $6,452

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 301-15-127

Property Details

Property Type

Other

Est. Annual Taxes

$6,452

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: SEC W. Baseline Road & S. 48th Street
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: GID
  • Bay Info Bay Door Height: 9.0
  • Current Use: Office, Warehouse, Wholesale
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: I-10 South to West Baseline Road West
  • Lot Size Acres: 0.09
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Mountain View Business Park Office Condominiums
  • Structure Type: Commercial, Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Tilt-Up, Metal Siding, Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric, Other, See Remarks
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 3798.0
  • Additional Parcels: No
  • Parcel #: 301-15-127
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6451.62

Tax Info

  • Tax Annual Amount: 6451.62
  • Tax Book Number: 301.00
  • Tax Lot: 11
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Cifuentes Family Limited Liability Limit
Bought by
Cimurr Llc
Total Days on Market
328
Current Estimated Value
$572,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,186,524
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
-$598,808

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 18, 2015
Sold by
Cifuentes Enrique and Cifuentes Maria
Bought by
Cifuentes Family Limited Liability Limit
Seller's Agent
Ronald Genovese
Avison Young
Buyer's Agent
Erineo Escobedo
HomeSmart
List Price
$309,500
Sold Price
$275,000
Premium/Discount to List
-$34,500
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$220,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 7, 2014
Closed on
Feb 17, 2015
Sold by
Cxa-16 Corporation
Bought by
Cifuentes Enrique and Cifuentes Maria
Seller's Agent
Ronald Genovese
Avison Young
Buyer's Agent
Erineo Escobedo
HomeSmart
List Price
$309,500
Sold Price
$275,000
Premium/Discount to List
-$34,500
-11.15%

Purchase Details

Closed on
Mar 17, 2011
Sold by
Lnv Corporation
Bought by
Cxa 16 Corporation

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
Cimurr Llc -- --
Cifuentes Family Limited Liability Limit -- None Available
Cifuentes Enrique $275,000 Thomas Title & Escrow
Cxa 16 Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cimurr Llc $1,200,000
Previous Owner Cifuentes Family Llp $128,606
Previous Owner Cifuentes Family Limited Liability Limit $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2015 02/17/15 Sold $275,000 -11.1% $8 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
02/21/2014 02/21/14 For Sale $309,500 -- $9 / 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 $6,676 $57,796 -- --
2024 $6,796 $56,764 -- --
2023 $6,796 $75,021 $14,994 $60,027
2022 $6,711 $68,443 $13,685 $54,758
2021 $6,950 $64,188 $12,834 $51,354
2020 $6,739 $58,338 $11,664 $46,674
2019 $6,611 $58,104 $11,610 $46,494
2018 $6,447 $55,710 $11,142 $44,568
2017 $6,255 $54,198 $10,836 $43,362
2016 $6,211 $54,468 $10,890 $43,578
2015 $6,131 $46,491 $9,287 $37,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5081043

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-15-127