NOT LISTED FOR SALE

5621 E Baseline Rd Unit 2 Mesa, AZ 85206

Val Vista Neighborhood

Estimated Value: $647,000

2.69 Acres
$240,520 Price per Acre
117,176 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $307,500

Est. 110% increase in value since last sale

Current estimated payment $3,984/month

34 Days on Market

Highlights

  • 2.69 Acre Lot
  • Mountain View
  • No HOA
  • Carol Rae Ranch Elementary Rated A-

About This Lot

As of June 2016

INVESTOR/BUILDER OPPORTUNITY FOR GREAT SITE IN AMAZING LOCATION! BRING US AN OFFER! This site consists of one parcels # 304-07-025. NOTE: Although the address and zip code currently assigned for this parcel is for the city of Mesa. The property currently lies in the COUNTY and can be annexed into the CITY of GILBERT; Not Mesa. The Current City of Gilbert General Plan calls for the property to be zoned BP for Business Park. i.e potential office condos, etc. It is an amazing development opportunity for this property in a fantastic location with over 150 feet of frontage on Baseline Road. This is an opportunity for a great frontage site in a fantastic location!

Last Agent to Sell the Property

Mehran Parsai

Realty ONE Group License #BR112043000 Listed on: 02/14/2016

Last Buyer's Agent

Dilek Ellingboe

Realty ONE Group License #SA638880000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,692

Year Built

  • 1957

Lot Details

  • 2.69 Acre Lot
  • Property is zoned R-43

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 304-07-025

Property Details

Property Type

Land

Est. Annual Taxes

$6,692

Year Built

1957

Lot Details

0

Listing Details

  • Cross Street: Baselline & Higley
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land, Off Site Imp Complte
  • Zoning: R-43
  • Tax Year: 2015
  • Directions: From Baseline & Higley go East property is on the South side of the street
  • Lot Size Acres: 2.69
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1957

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Office

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: To be measured
  • Lot Size Sq Ft: 116486.0
  • Additional Parcels: No
  • Parcel #: 304-07-025
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6692.0
  • Tax Book Number: 304.00
  • Tax Lot: 2
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2016
Sold by
Kalamchi Sabah
Bought by
The Muhammad & Amatal Salim Family Trust
Total Days on Market
34
Current Estimated Value
$647,000

Purchase Details

Closed on
Sep 27, 2007
Sold by
Kalamchi Sabah
Bought by
Town Of Gilbert

Purchase Details

Closed on
May 8, 2007
Sold by
Kalamchi Sabah
Bought by
Kalamchi Sabah and Kalamchi Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
R W R Partnership
Bought by
Kalamchi Sabah
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
The Muhammad & Amatal Salim Family Trust $307,500 First American Title Ins Co
Town Of Gilbert -- Fidelity National Title
Kalamchi Sabah -- Capital Title Agency Inc
Kalamchi Sabah $627,379 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalamchi Sabah $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $307,500 -8.2% --
03/18/2016 03/18/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $335,000 -- --
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 $6,609 $64,903 $64,903 --
2024 $6,602 $61,812 $61,812 --
2023 $6,602 $129,570 $129,570 $0
2022 $6,446 $90,690 $90,690 $0
2021 $6,435 $84,375 $84,375 $0
2020 $6,314 $62,220 $62,220 $0
2019 $6,019 $58,860 $58,860 $0
2018 $5,821 $46,125 $46,125 $0
2017 $5,926 $46,125 $46,125 $0
2016 $6,513 $89,895 $89,895 $0
2015 $6,692 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5398725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-025