NOT LISTED FOR SALE

4824 E Baseline Rd Unit 140 Mesa, AZ 85206

-- Bed
-- Bath
2,172 Sq Ft
2,172 Sq Ft Lot

Last Sold January 31, 2013

Last sale price $465,000 $214 Per Sq Ft

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2013

Excellent medical office building investment opportunity with 10% capitalization rate with quality tenant. 5 years remaining on lease that is personally guaranteed. Well maintained condo development. Masonry construction. Newer roofs. Tenant responsible for operating expenses including the Owners Association fee which covers exterior and roofs.

Last Agent to Sell the Property

Doug Groppenbacher, CCIM

AZRC Realty, LLC License #BR005471000 Listed on: 12/19/2012

Last Buyer's Agent

Marcus B. Daley

Brooks, Byron and Associates, LLC. License #BR013772000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 2006

Lot Details

  • 2,172 Sq Ft Lot
  • Property is zoned PEP with PAD ov

Home Design

  • 2,172 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1-38
  • Assessor Parcel Number 140-68-138-G

Community Details

Building Details

  • Operating Expense $4,110
  • Net Operating Income $48,000

Additional Features

  • Building Dimensions are N/A
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$4,110

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Higley Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: PEP with PAD ov
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2012
  • Directions: Hwy 60 to Higley, south to E baseline, west to Pierpont Business Center. Front Building on east side of entry
  • Lot Size Acres: 0.05
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Living Area: 2172.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central A/C, Office A/C
  • Heating: Electric
  • Green Building Features: Reception Room
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size: N/A
  • Lot Size Sq Ft: 2172.0
  • Parcel #: 140-68-138-G
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 48000.0
  • Annual Operating Expense: 4110.0

Tax Info

  • Tax Annual Amount: 4110.0
  • Tax Book Number: 140.00
  • Tax Lot: 1-38
  • Tax Map Number: 68.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $465,000 -3.1% $214 / Sq Ft
01/05/2013 01/05/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $480,000 -- $221 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4864834

Arizona Regional Multiple Listing Service (ARMLS)