NOT LISTED FOR SALE

725 W Elliot Rd Unit 101 Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $1,473,019

-- Bed
-- Bath
5,096 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $895 $0 Per Sq Ft

Est. 164,483% increase in value since last sale

Current estimated payment $8,656/month

304 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating Available
  • Gilbert Elementary School Rated A-

About This Home

As of March 2015

Move-in ready luxury Executive Suites facing Elliot Road. Suite 101-6 includes 2 large rooms. Amenities include 24-hour access, 2 conference rooms, rest rooms, kitchen, copy/fax machine use, and reception area for visitors. Gross base rent includes high speed Cox internet service, digital phone service, telephone, voice mail, janitorial service, all utilities, individual security alarm, association fees, property taxes, and lots of parking! Base rent rates are $695/mo. for 5-year lease, $750/mo. for 3-year lease, $795/mo. for 1-year lease, and $895/mo. for 6 month lease or other terms and lease rates available upon request. Check on other available 2 and 3 room suites too!

Last Agent to Sell the Property

Terry Kozell

Kozell Real Estate License #BR026436000 Listed on: 05/06/2014

Last Buyer's Agent

Terry Kozell

Kozell Real Estate License #BR026436000 Listed on: 05/06/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 2005

Lot Details

  • Property is zoned OFFICE

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Parking

  • 15 Open Parking Spaces
  • 16 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 5/6/14
  • Tax Lot 101
  • Assessor Parcel Number 302-32-966

Community Details

Overview

  • Ventura Professional Village Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$4,639

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: ELLIOT & COOPER
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: OFFICE
  • Current Use: Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 14340.0
  • Lease Info Annual Lse Prc P S F: 35.85
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 6 months to 5 years
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 400
  • Year Built: 2005
  • Tax Year: 2013
  • Directions: From Elliot and Cooper, East to first driveway at Ventura Professional Village, right to Executive Suites.
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: VENTURA PROFESSIONAL VILLAGE
  • Structure Type: Office, Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, LAN Compatible Copr
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Other (See Remarks)32: Yes
  • Amenities:LAN Compatible Copr: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 302-32-966

Rental Info

  • Available Date: 2014-05-06

Multi Family

  • Leasable Area: 400.0

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 101
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Scott Ryan J
Bought by
Spaces Llc
Total Days on Market
304
Current Estimated Value
$1,473,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Outstanding Balance
$916,965
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Kozell Properties Llc
Bought by
Scott Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,680
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2005
Sold by
Ventura Pv Development Lc
Bought by
Kozell Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Spaces Llc -- Lawyers Title
Scott Ryan J $917,100 First American Title Insuran
Kozell Properties Llc $1,239,786 Title Security Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spaces Llc $968,000
Previous Owner Scott Ryan J $733,680
Previous Owner Kozell Properties Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $895 -5.8% $0 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
05/06/2014 05/06/14 For Sale $950 -- $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 $4,639 $50,900 -- --
2024 $4,799 $49,991 -- --
2023 $4,799 $84,456 $16,881 $67,575
2022 $4,801 $70,385 $14,070 $56,315
2021 $5,106 $67,176 $13,428 $53,748
2020 $5,025 $63,504 $12,690 $50,814
2019 $4,673 $59,886 $11,970 $47,916
2018 $4,553 $51,786 $10,350 $41,436
2017 $4,406 $51,858 $10,368 $41,490
2016 $4,514 $48,456 $9,684 $38,772
2015 $4,230 $39,924 $7,974 $31,950
Source: Public Records

Agents Affiliated with this Home

  • Terry Kozell

    Seller's Agent in 2015

    Terry Kozell

    Kozell Real Estate

    (480) 491-3600

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5111226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-967

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

725 W Elliot Rd Unit 101, Gilbert, AZ

This home is located at 725 W Elliot Rd Unit 101, Gilbert, AZ 85233 since 06 May 2014 and is currently estimated at $1,473,019, approximately $289 per square foot. This property was built in 2005. 725 W Elliot Rd Unit 101 is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite 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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