NOT LISTED FOR SALE

1155 S Power Rd Unit 118 Mesa, AZ 85206

Central Mesa East Neighborhood

Estimated Value: $11,429,150

-- Bed
-- Bath
1,500 Sq Ft
$7,619/Sq Ft Est. Value

About This Home

This home is located at 1155 S Power Rd Unit 118, Mesa, AZ 85206 and is currently estimated at $11,429,150, approximately $7,619 per square foot. 1155 S Power Rd Unit 118 is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Superstition Marketplace Llc
Bought by
Electric Ave Llc and Ac Superstition Llc
Current Estimated Value
$11,429,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,600,000
Outstanding Balance
$7,542,829
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$3,886,321

Purchase Details

Closed on
Nov 30, 2005
Sold by
Murphy Carlene E
Bought by
Murphy Robert and Superstition Marketplace Irrev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Murphy Robert H and Murprhy Carlene E
Bought by
Superstition Marketplace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1997
Sold by
Evergreen Power Ltd
Bought by
Murphy Robert H and Murphy Carlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1997
Sold by
Murphy Robert H and Murphy Carlene E
Bought by
Murphy Robert H and Murphy Carlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
7.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Electric Ave Llc $11,600,000 Fidelity National Title
Murphy Robert -- First American Title
Superstition Marketplace Llc -- First American Title Ins Co
Murphy Robert H $6,737,500 Fidelity Title
Murphy Robert H -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Electric Ave Llc $7,600,000
Previous Owner Superstition Marketplace Llc $3,800,000
Previous Owner Murphy Robert $3,700,000
Previous Owner Superstition Marketplace Llc $3,700,000
Previous Owner Murphy Robert H $3,800,000
Source: Public Records

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 $77,311 $763,003 -- --
2024 $80,294 $749,378 -- --
2023 $80,294 $1,035,436 $184,739 $850,697
2022 $80,936 $978,530 $177,065 $801,465
2021 $84,286 $815,868 $182,124 $633,744
2020 $83,191 $828,882 $181,332 $647,550
2019 $77,735 $795,492 $162,468 $633,024
2018 $74,616 $789,786 $159,570 $630,216
2017 $72,398 $746,874 $147,744 $599,130
2016 $71,053 $680,454 $131,922 $548,532
2015 $68,642 $560,033 $128,224 $431,809
Source: Public Records

Map

Arizona Maricopa County Mesa 85206 Central Mesa East

1155 S Power Rd Unit 118, Mesa, AZ

This home is located at 1155 S Power Rd Unit 118, Mesa, AZ 85206 and is currently estimated at $11,429,150, approximately $7,619 per square foot. 1155 S Power Rd Unit 118 is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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