NOT LISTED FOR SALE

700 E Baseline Rd Unit A1 Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $1,268,934

Studio
-- Bath
8,213 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $724 $0 Per Sq Ft

Est. 175,167% increase in value since last sale

Current estimated payment $7,752/month

115 Days on Market

About This Home

As of September 2023

Professional Office Space For Lease
Suite A-1: +/- 510 SF
Available for Lease: $17.00 PSF Gross (Tenant pays for janitorial)
Located on Baseline Rd west of Rural Rd
Close proximity to US 60
Near Retail and Business Amenities

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/25/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1972

Lot Details

  • Property is zoned RO

Home Design

  • 8,213 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • College Park Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 5/25/23
  • Assessor Parcel Number 133-41-498-A

Property Details

Property Type

Other

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: La Rosa Dr & Baseline Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: RO
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Year Built: 1972
  • Tax Year: 2022
  • Subdivision Name: COLLEGE PARK UNIT 2
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 8213.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Paved: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 133-41-498-A

Rental Info

  • Available Date: 2023-05-25

Multi Family

  • Owner Pays: Other
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 510.0

Tax Info

  • Tax Annual Amount: 13434.0
  • Tax Book Number: 133.00
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
John W Horne Investments Llc
Bought by
Baseline 700 Llc
Current Estimated Value
$1,268,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,065,111
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Estimated Equity
$203,823

Purchase Details

Closed on
Apr 3, 2007
Sold by
Horne Robert C C and Horne Robert C
Bought by
John W Horne Investments Llc
Source: Public Records
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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
Baseline 700 Llc $1,160,000 Navi Title Agency
John W Horne Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baseline 700 Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $724 -65.4% $0 / Sq Ft
05/25/2023 05/25/23 For Sale $2,091 -- $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 $13,868 $115,701 -- --
2024 $13,605 $113,635 -- --
2023 $13,605 $160,565 $83,164 $77,401
2022 $13,434 $176,191 $67,428 $108,763
2021 $13,913 $146,160 $69,354 $76,806
2020 $13,491 $129,078 $70,722 $58,356
2019 $13,235 $129,996 $63,648 $66,348
2018 $12,906 $121,986 $54,342 $67,644
2017 $12,522 $103,932 $50,310 $53,622
2016 $12,434 $103,428 $44,514 $58,914
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6561015

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-41-498A

Arizona Maricopa County Tempe 85282 The Lakes

700 E Baseline Rd Unit A1, Tempe, AZ

Not Listed for Sale

Other

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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