NOT LISTED FOR SALE

6642 E Baseline Rd Unit 103 Mesa, AZ 85206

Superstition Springs Neighborhood

Estimated Value: $566,954

Studio
-- Bath
1,850 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2019

Last sale price $462,500 $250 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,359 / mo

120 Days on Market

Highlights

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

About This Home

As of May 2019

Great Investment opportunity 6.2% CAP RATE! Long established physician practice with a 5 year lease in place and tenant pays NNN expenses. Well appointed with reception area, aquarium, 2 large offices with built-ins and desks, 3 smaller exam rooms or offices, file room, break room with micro wave oven and 2 small refrigerators, 2 restrooms within the suite. Contemporary design with new carpet and laminate wood flooring in reception area. Unit overlooking golf course offering a tranquil zen experience.

Last Agent to Sell the Property

Stephen Proski

RE/MAX Fine Properties License #BR105539000 Listed on: 10/07/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 2006

Lot Details

  • 1,750 Sq Ft Lot
  • Property is zoned C-0

Home Design

  • 1,850 Sq Ft Home
  • Built-Up Roof
  • Metal Siding

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot B1-104
  • Assessor Parcel Number 141-54-723

Community Details

Overview

  • Village At Superstition Spring Condominium Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $3,524
  • Gross Income $61,975
  • Net Operating Income $30,987

Property Details

Property Type

Other

Est. Annual Taxes

$3,524

Year Built

Built in 2006

Lot Details

1,750 Sq Ft Lot

Listing Details

  • Cross Street: Baseline and Power Rds
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-0
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2017
  • Lot Size Acres: 0.04
  • Road Surface Type: Asphalt
  • Subdivision Name: VILLAGE AT SUPERSTITION SPRING CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Metal Siding
  • Roof: Built-Up
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

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

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 1750.0
  • Additional Parcels: No
  • Parcel #: 141-54-723
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 61974.96
  • Property Net Operating Income: 30987.48
  • Annual Operating Expense: 3524.0

Tax Info

  • Tax Annual Amount: 3524.0
  • Tax Book Number: 141.00
  • Tax Lot: B1-104
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Pj Squared Llc
Bought by
N & P Baseline Llc
Current Estimated Value
$566,954

Purchase Details

Listed on
Oct 7, 2018
Closed on
Apr 25, 2019
Sold by
Paul H Rhee M D P Llc
Bought by
Pj Squared Llc
Seller's Agent
Stephen Proski
RE/MAX Fine Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$500,000
Sold Price
$462,500
Premium/Discount to List
-$37,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$315,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2006
Sold by
The Village At Superstition Springs Offi
Bought by
Paul H Rhee Md Pllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
N & P Baseline Llc $555,000 Magnus Title Agency
Pj Squared Llc $462,500 North American Title Company
Paul H Rhee Md Pllc $326,200 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pj Squared Llc $315,000
Previous Owner Paul H Rhee Md Pllc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2019 05/02/19 Sold $462,500 -7.5% $250 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
10/07/2018 10/07/18 For Sale $500,000 +3124900.0% $270 / Sq Ft
04/01/2018 04/01/18 Sold $16 -99.4% $0 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $2,586 -4.1% $0 / Sq Ft
11/01/2017 11/01/17 For Sale $2,697 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,667 $37,135 -- --
2024 $3,908 $36,472 -- --
2023 $3,908 $60,095 $12,019 $48,076
2022 $3,939 $52,291 $10,448 $41,843
2021 $4,102 $51,660 $10,332 $41,328
2020 $4,049 $50,400 $10,080 $40,320
2019 $3,783 $44,586 $8,910 $35,676
2018 $3,632 $41,580 $8,316 $33,264
2017 $3,524 $38,700 $7,740 $30,960
2016 $3,458 $36,018 $7,200 $28,818
2015 $3,341 $29,970 $5,994 $23,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5830182

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-54-723

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