NOT LISTED FOR SALE

Estimated Value: $846,217

1 Bed
-- Bath
1,800 Sq Ft
$470/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $470,000 $261 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,098/month

245 Days on Market

About This Home

As of September 2020

• Free-standing, Dental Office Available for Sale or Lease
• +/- 1,800 SF
• 4 operatories, lab, sterile, break room, 2 ADA restrooms
• Interior remodeled July 2020
• 4 operatories, lab, sterile, break room, 2 ADA restrooms
• For Sale: $495,000.00 ($275 PSF)
• For Lease: $18.50 PSF NNN
• Dedicated Parking on .3 Acre Lot
• Monument Signage along Gilbert Road
• Gilbert Road Frontage with 29,000 VPD

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/25/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Property is zoned OC

Home Design

  • 1,800 Sq Ft Home
  • Wood Frame Construction

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Paved Parking

Community Details

  • Tierra Verde Estates Subdivision
  • Operating Expense $4,846

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 140-09-406-B

Property Details

Property Type

Other

Est. Annual Taxes

$4,846

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: N Gilbert Rd & E Decatur St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2005
  • Tax Year: 2019
  • Lot Size Acres: 0.3
  • Subdivision Name: TIERRA VERDE ESTATES
  • Structure Type: Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1800.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • 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

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 140-09-406-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4846.0

Tax Info

  • Tax Annual Amount: 4846.0
  • Tax Book Number: 140.00
  • Tax Lot: 53
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
633 North Gilbert Road Llc
Bought by
Smart Investment Llc
Total Days on Market
245
Current Estimated Value
$846,217

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 22, 2020
Sold by
Dm Bc Llc
Bought by
633 North Gilbert Road Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$423,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2006
Sold by
Del Mar Partners Llc
Bought by
Dm/Bc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,400
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2005
Sold by
Caseldine Robert O and Caseldine Marsha J
Bought by
Del Mar Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.84%
Mortgage Type
Commercial
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
Smart Investment Llc $850,000 Magnus Title Agency
633 North Gilbert Road Llc $470,000 Commonwealth Land Ttl Ins Co
Dm/Bc Llc -- None Available
Del Mar Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 633 North Gilbert Road Llc $423,000
Previous Owner Dm-Bc Llc $250,000
Previous Owner Dm/Bc Llc $444,400
Previous Owner Del Mar Partners Llc $330,000
Previous Owner Caseldine Robert O $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $470,000 -5.1% $261 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $495,000 0.0% $275 / Sq Ft
06/25/2020 06/25/20 Price Changed $495,000 +5.3% $275 / Sq Ft
02/26/2020 02/26/20 Off Market $470,000 -- --
12/18/2019 12/18/19 For Sale $450,000 -- $250 / 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 $4,820 $47,616 -- --
2024 $5,007 $46,766 -- --
2023 $5,007 $70,312 $17,986 $52,326
2022 $5,047 $68,146 $20,633 $47,513
2021 $5,255 $69,912 $21,222 $48,690
2020 $5,186 $59,544 $15,678 $43,866
2019 $4,846 $51,354 $14,238 $37,116
2018 $4,651 $49,788 $13,014 $36,774
2017 $4,512 $46,224 $12,060 $34,164
2016 $4,428 $39,114 $10,764 $28,350
2015 $4,278 $35,039 $8,288 $26,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6021172

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-09-406B