$420,000
SOLD FEB 19, 2025

10450 E Riggs Rd Unit 111 Sun Lakes, AZ 85248

-- Bed
-- Bath
5,383 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

33% Below List Price

83 Days on Market

Highlights

  • Cooling Available
  • Partially Fenced Property
  • Heating Available
  • Jacobson Elementary School Rated A

About This Home

As of February 2025

Rare office condo in the southeast Valley. Beautifully built out and ready for occupancy. Monument signage available. Located in the heart of the master planned Sun Lakes community, the Sun Lakes Professional Village has an incredible mix of medical and professional offices. Adjacent to Sun Lakes Health Center and Chandler/Gilbert Community College. Fully finished reception area, waiting room, multiple large offices, conference room, 2 private bathrooms a kitchen/breakroom and plenty of storage. This is Suite 111 of Building 5.

Last Agent to Sell the Property

Patrick Burch

ABI Multifamily License #BR515118000

Last Buyer's Agent

Nicholas Skogen

My Home Group Real Estate License #SA669539000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 2006

Lot Details

  • Partially Fenced Property

Parking

  • 2 Covered Spaces

Home Design

  • 5,383 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Metal Siding
  • Stucco

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Sun Lakes Professional Village Condominium Subdivision

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 303-54-346

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,138

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: NEC of Riggs Rd. & Alma School Rd.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 2006
  • Tax Year: 2023
  • Directions: East on Riggs Rd. from Alma School to the property on the north side of Riggs.
  • Lot Size Acres: 0.04
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: SUN LAKES PROFESSIONAL VILLAGE CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Other
  • Living Area: 5383.0

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco, Metal Siding
  • Roof: Other, Tile
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 1760.0
  • Parcel #: 303-54-346
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 1760.0

Tax Info

  • Tax Annual Amount: 4138.0
  • Tax Book Number: 303.00
  • Tax Lot: 111
  • Tax Map Number: 54.00

Map

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

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $420,000 -20.0% $78 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $525,000 -16.0% $98 / Sq Ft
09/25/2024 09/25/24 For Sale $625,000 +62.3% $116 / Sq Ft
12/06/2019 12/06/19 Sold $385,000 -3.5% $72 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $399,000 -- $74 / 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 $4,121 $34,973 -- --
2024 $4,138 $34,348 -- --
2023 $4,138 $66,929 $13,379 $53,550
2022 $4,053 $58,275 $11,655 $46,620
2021 $4,210 $48,006 $9,594 $38,412
2020 $4,156 $45,396 $9,072 $36,324
2019 $4,000 $42,966 $8,586 $34,380
2018 $3,871 $37,314 $7,452 $29,862
2017 $3,644 $37,296 $7,452 $29,844
2016 $3,507 $34,704 $6,930 $27,774
2015 $3,461 $28,897 $5,772 $23,125
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,000 Commercial
Previous Owner $382,400 Commercial
Previous Owner $95,600 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $420,000 Premier Title Agency
Warranty Deed $385,000 Wfg National Title Ins Co
Limited Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Special Warranty Deed $353,940 Security Title Agency Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6762250

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-54-346