NOT LISTED FOR SALE

3941 E Baseline Rd Unit 101 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $3,556,041

Studio
-- Bath
8,168 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $1,700,000 $208 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $19,684/month

Highlights

  • 0.24 Acre Lot
  • Stone Flooring
  • Heating Available
  • Val Vista Lakes Elementary School Rated A-
  • Central Air

About This Home

As of May 2015

Incredible opportunity to own commercial property on high traffic Baseline Road in Gilbert that is generating over 20K a month in income! There is still 3 years on the lease from a national Physical Therapy company.

East on Baseline From Val Vista in Gilbert. Close to US 60. Dana Park and Dana Landing.P

Last Agent to Sell the Property

Aaron Dutcher

My Home Group Real Estate License #BR525412000 Listed on: 05/05/2015

Last Buyer's Agent

Aaron Dutcher

Caldwell Property Solutions, Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,559

Year Built

  • Built in 1995

Lot Details

  • 10,500 Sq Ft Lot
  • Property is zoned C-O

Home Design

  • 8,168 Sq Ft Home
  • Block Exterior

Flooring

  • Stone
  • Concrete

Parking

  • 26 Open Parking Spaces
  • 31 Parking Spaces
  • 5 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Lakeview Village Subdivision
  • Operating Expense $13,559

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 304-09-958

Property Details

Property Type

Other

Est. Annual Taxes

$13,559

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Cross Street: 39th St. & Baseline
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 1995
  • Tax Year: 2011
  • Lot Size Acres: 0.24
  • Subdivision Name: Lakeview Village
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Open Parking Spaces: 26.0
  • Total Parking Spaces: 31.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 26.0
  • General Property Description:Total Parking Spcs: 31.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Additional Parcels: No
  • Parcel #: 304-09-958
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 13559.0

Tax Info

  • Tax Annual Amount: 13559.0
  • Tax Book Number: 304.00
  • Tax Lot: 7
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
May 28, 2015
Sold by
Stratton Land & Development Llc
Bought by
Chct Arizona Llc
Seller's Agent
Aaron Dutcher
My Home Group Real Estate
Buyer's Agent
Aaron Dutcher
My Home Group Real Estate
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$3,556,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,856,041
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Sunnyvale Business Square Llc
Bought by
Stratton Land & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,521,000
Interest Rate
5.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chct Arizona Llc $1,700,000 Clear Title Agency
Stratton Land & Development Llc $1,200,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stratton Land & Development Llc $1,521,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $1,700,000 0.0% $208 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,700,000 -- $208 / 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 $14,386 $158,446 -- --
2024 $14,798 $155,616 -- --
2023 $14,798 $242,964 $22,406 $220,558
2022 $14,814 $219,415 $13,580 $205,835
2021 $15,760 $222,102 $13,968 $208,134
2020 $15,527 $171,252 $11,952 $159,300
2019 $14,425 $149,148 $9,738 $139,410
2018 $14,028 $143,118 $8,982 $134,136
2017 $13,568 $153,432 $8,316 $145,116
2016 $13,911 $128,106 $7,416 $120,690
2015 $13,038 $117,143 $7,234 $109,909
Source: Public Records

Agents Affiliated with this Home

  • Aaron Dutcher

    Seller's Agent in 2015

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    1 in this area

    30 Total Sales

    Aaron Dutcher
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5275590

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-958

Arizona Maricopa County Gilbert 85234 Val Vista

3941 E Baseline Rd Unit 101, Gilbert, AZ

Not Listed for Sale

Other

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

Nearby Homes