NOT LISTED FOR SALE

3514 N Power Rd Unit 126 Mesa, AZ 85215

Estimated Value: $399,756

-- Bed
-- Bath
10,941 Sq Ft
$37/Sq Ft Est. Value

Last Sold August 24, 2019

Last sale price $1,895 $0 Per Sq Ft

Est. 20,995% increase in value since last sale

Current estimated payment $2,288/month

174 Days on Market

About This Home

As of August 2019

Great Office Condo located in Red Mountain! Perfect office space to move from a home base office or to expand a company to the Las Sendas marketplace. Very busy office complex with many different companies. Three huge offices, kitchenette, reception area, and private bathroom.

Last Agent to Sell the Property

Alex Affas, CCIM

AFFIRE, LLC License #BR670396000 Listed on: 01/03/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2007

Lot Details

  • 1,133

Home Design

  • Wood Frame Construction
  • Foam Roof

Parking

  • 1 Parking Space
  • 1 Covered Space

Additional Features

  • Property is zoned LC
  • Heat Pump System

Community Details

  • Red Mountain Office Suites Subdivision

Listing and Financial Details

  • Property Available on 1/3/19
  • Assessor Parcel Number 141-71-196

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Power Road & Thomas Road
  • Property Type: Comm/Industry Lease
  • Zoning: LC
  • Current Use: Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 1895.0
  • Lease Info Annual Lse Prc P S F: 20.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1115
  • Year Built: 2007
  • Tax Year: 2018
  • Directions: East on 202 and exit Power Road. Turn left, and building is located on the Southwest corner of Power Road and Thomas.
  • Subdivision Name: Red Mountain Office Suites
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 141-71-196

Rental Info

  • Available Date: 2019-01-03

Multi Family

  • Leasable Area: 1115.0

Tax Info

  • Tax Annual Amount: 1946.0
  • Tax Book Number: 141.00
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 20, 2019
Sold by
Arizona Commercial Investment Llc
Bought by
1029 Property Holdings Llc
Seller's Agent
Alex Affas, CCIM
AFFIRE, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,895
Sold Price
$1,895
Current Estimated Value
$399,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,861
Avg. Annual Appreciation
140.10%
Original Mortgage
$102,600
Outstanding Balance
$91,589
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$308,168

Purchase Details

Closed on
Mar 19, 2015
Sold by
C & G Real Estate Llc
Bought by
Arizona Commercial Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2009
Sold by
C & G Financial Llc
Bought by
C & G Real Estate Llc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Red Mountain Village Investors Llc
Bought by
C & G Financial Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
1029 Property Holdings Llc $250,000 Old Republic Title Agency
Arizona Commercial Investment Llc $145,000 Chicago Title Agency Inc
C & G Real Estate Llc -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1029 Property Holdings Llc $128,300
Previous Owner Arizona Commercial Investment Llc $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2019 08/24/19 Sold $1,895 0.0% $0 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $1,895 -- $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 $2,017 $19,922 -- --
2024 $2,095 $19,566 -- --
2023 $2,095 $30,107 $6,018 $24,089
2022 $2,112 $27,825 $5,565 $22,260
2021 $2,199 $29,286 $5,850 $23,436
2020 $2,170 $24,516 $4,896 $19,620
2019 $2,027 $23,094 $4,608 $18,486
2018 $1,946 $20,070 $4,014 $16,056
2017 $1,888 $18,540 $3,708 $14,832
2016 $1,853 $17,118 $3,420 $13,698
2015 $1,790 $14,671 $2,923 $11,748
Source: Public Records

Agents Affiliated with this Home

  • Alex Affas, CCIM

    Seller's Agent in 2019

    Alex Affas, CCIM

    AFFIRE, LLC

    (480) 516-2046

    19 Total Sales

    Alex Affas, CCIM
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5862549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-71-196

Arizona Maricopa County Mesa 85207

3514 N Power Rd Unit 126, Mesa, AZ

This home is located at 3514 N Power Rd Unit 126, Mesa, AZ 85215 since 03 January 2019 and is currently estimated at $399,756, approximately $36 per square foot. This property was built in 2007. 3514 N Power Rd Unit 126 is a home located in Maricopa County with nearby schools including Red Mountain Ranch Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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