NOT LISTED FOR SALE

4850 E Baseline Rd Unit 110 Mesa, AZ 85206

-- Bed
-- Bath
15,627 Sq Ft
1,699 Sq Ft Lot

Last Sold July 01, 2014

Last sale price $2,959 $0 Per Sq Ft

95 Days on Market

Highlights

  • Community Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of July 2014

Booming area around Banner Gateway Hospital and MD Anderson Cancer Treatment
Center. Attractive, modern build out for
service business. $13.00 NNN is based on 5 year lease. 3% annual step-ups apply.

Last Agent to Sell the Property

Gary Finlinson

Finlinson Properties, LTD. License #BR043532000 Listed on: 03/21/2014

Co-Listed By

Bob Winegar

COBE Real Estate, Inc. License #BR533033000

Last Buyer's Agent

Gary Finlinson

Finlinson Properties, LTD. License #BR043532000 Listed on: 03/21/2014

Property Details

Property Type

  • Other

Year Built

  • Built in 2002

Lot Details

  • Additional Parcels
  • Property is zoned PEP

Home Design

  • Brick Exterior Construction
  • Foam Roof

Parking

  • 10 Open Parking Spaces
  • 13 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 3/21/14
  • Tax Lot 109
  • Assessor Parcel Number 140-69-028

Community Details

Overview

  • Pierpont Commerce Center Condominium Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom

Property Details

Property Type

Other

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Higley and Baseline
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: PEP
  • Current Use: Office
  • Lease Info Annual C A M Sq Ft: 0.4
  • Lease Info Annual Lease Price: 46820.5
  • Lease Info Annual Lse Prc P S F: 14.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3 - 5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 3229
  • Year Built: 2002
  • Tax Year: 2013
  • Directions: West on Baseline from Higley. Turn right into Pierpont Commerce Center (NWC Baseline and Pierpont). Suite 110 is on North end of West Building(4850)
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: lanc01
  • Co List Office Phone: 480-641-3520
  • Subdivision Name: Pierpont Commerce Center Condominium
  • Structure Type: Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Brick
  • Roof: Foam

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Showroom, Kitchen
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 140-69-028

Rental Info

  • Available Date: 2014-03-21

Multi Family

  • Leasable Area: 3229.0

Tax Info

  • Tax Annual Amount: 7724.58
  • Tax Book Number: 140.00
  • Tax Lot: 109
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2007
Sold by
Lm2 Llc
Bought by
Hdc Pierpont Llc
Total Days on Market
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2003
Sold by
Pierpont Commerce Group Llc
Bought by
Lm2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.14%
Mortgage Type
Construction
Source: Public Records

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
Hdc Pierpont Llc $952,555 Old Republic Title Agency
Lm2 Llc $210,508 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hdc Pierpont Llc $3,000,000
Closed Hdc Pierpont Llc $391,000
Closed Hdc Pierpont Llc $470,000
Closed Hdc Pierpont Llc $378,820
Previous Owner Lm2 Llc $578,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $2,959 -24.2% $0 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $3,902 -- $0 / 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 $3,358 $33,099 -- --
2024 $3,488 $32,508 -- --
2023 $3,488 $48,025 $9,605 $38,420
2022 $3,516 $41,913 $8,383 $33,530
2021 $3,660 $41,454 $8,280 $33,174
2020 $3,612 $41,040 $8,208 $32,832
2019 $3,375 $36,414 $7,272 $29,142
2018 $3,239 $33,840 $6,768 $27,072
2017 $3,142 $31,716 $6,336 $25,380
2016 $3,084 $29,790 $5,958 $23,832
2015 $2,978 $23,495 $4,699 $18,796
Source: Public Records

Agents Affiliated with this Home

  • Gary Finlinson

    Seller's Agent in 2014

    Gary Finlinson

    Finlinson Properties, LTD.

    (480) 332-1409

    16 Total Sales

    Gary Finlinson
    Section Image
  • Bob Winegar

    Seller Co-Listing Agent in 2014

    Bob Winegar

    COBE Real Estate, Inc.

    (602) 705-5404

    8 Total Sales

    Bob Winegar
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5088434

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-69-029

Arizona Maricopa County Mesa 85206

4850 E Baseline Rd Unit 110, Mesa, AZ

This home is located at 4850 E Baseline Rd Unit 110, Mesa, AZ 85206 since 21 March 2014. This property was built in 2002. 4850 E Baseline Rd Unit 110 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Wilson Elementary School, and Franklin West Elementary School.

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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