NOT LISTED FOR SALE

3941 E Baseline Rd Unit 101 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $3,568,072

Studio
-- Baths
8,168 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2015

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

Est. 110% increase in value since last sale

Current estimated payment $20,886 / mo

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

Range of Values:

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

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Average Value
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List Price
Sold Price
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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

10,500 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$3,568,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,868,072
Avg. Annual Appreciation
6.81%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Val Vista, AZ

  • Nicole Stevens Real Estate Agent - SERHANT.

    Nicole Stevens

    Responds Quickly

    SERHANT.

    (602) 960-8812

    75 Total Sales

    2 in Val Vista

    $685K - $785K Price Range

    Nicole Stevens
     Section Image
  • Daniel Barraza Real Estate Agent - My Home Group Real Estate

    Daniel Barraza

    Responds Quickly

    My Home Group Real Estate

    (623) 343-4143

    305 Total Sales

    1 in Val Vista

    $626,000 Price

    Daniel Barraza
     Section Image
  • DJ June Real Estate Agent - Real Broker

    DJ June

    Real Broker

    (602) 878-7375

    29 Total Sales

    1 in Val Vista

    $860,000 Price

    DJ June
     Section Image
  • Annmarie Johnson Real Estate Agent - Real Broker

    Annmarie Johnson

    Real Broker

    (623) 888-8094

    160 Total Sales

    4 in Val Vista

    $392K - $640K Price Range

    Annmarie Johnson
     Section Image
  • Temple Blackburn Real Estate Agent - Real Broker

    Temple Blackburn

    Real Broker

    (623) 552-2189

    44 Total Sales

    1 in Val Vista

    $450,000 Price

    Temple Blackburn
     Section Image
  • Susan Paveza Real Estate Agent - RE/MAX Premier

    Susan Paveza

    RE/MAX Premier

    (480) 680-6941

    51 Total Sales

    2 in Val Vista

    $358K - $966K Price Range

    Susan Paveza
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,700,000 Clear Title Agency
Stratton Land & Development Llc $1,200,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,640,000
Previous Owner Stratton Land & Development Llc $1,521,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - My Home Group

    Seller's Agent in 2015

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    1 in this area

    29 Total Sales

    Aaron Dutcher
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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

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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