NOT LISTED FOR SALE

610 E Baseline Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $5,599,310

1 Bed
-- Bath
13,013 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 01, 2020

Last sale price $20,807 $2 Per Sq Ft

Est. 26,811% increase in value since last sale

Current estimated payment $31,719/month

672 Days on Market

About This Home

As of March 2020

• Out-patient Ambulatory Class B Surgical Center Available for Lease or Sale
• Surgery Center currently occupied and cases are being performed by Desert Endoscopy Center
• Sale Price: $3,250,000
• Lease Rate: $18.00 - $22.50 PSF NNN
• Five (5) Operatories, Eight (8) Pre-Op Bays, Ten (10) Post-Op Bays, Emergency Generator
• +/- 2,165 - 13,013 SF Available for Lease
• +/- 8,298 SF Surgery Center
• +/- 2,165 SF Basement/Break Room/Storage
• +/- 2,550 SF adjacent first floor expansion space available (shell condition)
• Approx. 4 miles to Banner Desert Medical Center
• High visibility with access to the property from Baseline Road and S. LaRosa Drive (secondary access - residential street)

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 04/10/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • Property is zoned R-O

Home Design

  • 13,013 Sq Ft Home

Parking

  • 14 Open Parking Spaces
  • 54 Parking Spaces
  • 40 Covered Spaces
  • Paved Parking

Community Details

  • College Park 3 Subdivision

Listing and Financial Details

  • Property Available on 9/1/18
  • The owner pays for (see remarks)
  • Assessor Parcel Number 133-41-603-D

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: E Baseline Rd & S La Rosa Dr
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: R-O
  • Lease Info Annual Lease Price: 292793.0
  • Lease Info Annual Lse Prc P S F: 22.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 13013
  • Year Built: 1984
  • Tax Year: 2019
  • Subdivision Name: COLLEGE PARK 3
  • Structure Type: Office
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 13013.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 40.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 54.0
  • General Property Description:Covered Parking Spcs: 40.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 54.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 133-41-603-D

Rental Info

  • Available Date: 2018-09-01

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 13013.0

Tax Info

  • Tax Annual Amount: 25534.0
  • Tax Book Number: 133.00
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2015
Sold by
Dec Property Llc
Bought by
Chct Arizona Llc
Current Estimated Value
$5,599,310

Purchase Details

Closed on
Aug 12, 2003
Sold by
Alc Baseline Larosa Llc
Bought by
Dec Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
5.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2000
Sold by
Sunrise Medical Associates
Bought by
Alc Baseline Larosa Llc
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
Chct Arizona Llc $2,700,000 Chicago Title Insurance Co
Dec Property Llc $1,030,000 First American Title
Alc Baseline Larosa Llc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dec Property Llc $824,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2020 03/01/20 Sold $20,807 -14.7% $2 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
11/19/2019 11/19/19 Price Changed $24,399 +2.3% $2 / Sq Ft
10/02/2019 10/02/19 Price Changed $23,857 +0.1% $2 / Sq Ft
04/03/2019 04/03/19 Price Changed $23,833 +685.8% $2 / Sq Ft
04/10/2018 04/10/18 For Sale $3,033 -- $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 $25,786 $223,220 -- --
2024 $26,247 $219,234 -- --
2023 $26,247 $358,904 $86,683 $272,221
2022 $25,917 $346,570 $87,885 $258,685
2021 $26,842 $356,076 $90,396 $265,680
2020 $26,027 $334,098 $92,556 $241,542
2019 $25,534 $293,238 $81,954 $211,284
2018 $24,900 $229,410 $78,678 $150,732
2017 $24,158 $229,860 $72,846 $157,014
2016 $23,988 $196,920 $64,476 $132,444
2015 $23,680 $167,166 $41,995 $125,171
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5749485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-41-603D

Arizona Maricopa County Tempe 85282 The Lakes

610 E Baseline Rd, Tempe, AZ

This home is located at 610 E Baseline Rd, Tempe, AZ 85283 since 10 April 2018 and is currently estimated at $5,599,310, approximately $430 per square foot. This property was built in 1984. 610 E Baseline Rd is a home located in Maricopa County with nearby schools including Arredondo Elementary School, Connolly Middle School, and Tempe High 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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