NOT LISTED FOR SALE

3514 N Power Rd Unit 128 Mesa, AZ 85215

Estimated Value: $446,336

-- Bed
-- Bath
10,942 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $350,000 $32 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,612/month

329 Days on Market

About This Home

As of April 2021

Move in ready office space ready for your business. Beautifully built out reception area leading to a great office environment. Two private offices, large storage/utility room, generous kitchen/break area and one conference room optimized to hold at least 12 people comfortably. Functional open cubicle area offering a more private feel. All offices offer great mountain views surrounding the North and West sides of the building. Plenty of parking and easy access for your clients

Last Agent to Sell the Property

Tony Preston

JPAR Vantage License #BR107734000 Listed on: 02/21/2020

JPAR Vantage

Last Buyer's Agent

Brad Broyles

AZ Real Estate Options, LLC License #SA624071000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 2006

Lot Details

  • 1,675 Sq Ft Lot
  • Property is zoned R/O

Home Design

  • 10,942 Sq Ft Home

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air

Community Details

  • Red Mountain Village Office Suites Condominium Subdivision
  • Operating Expense $2,971

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 141-71-186

Property Details

Property Type

Other

Est. Annual Taxes

$2,971

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Power & Thomas
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: R/O
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2019
  • Lot Size Acres: 0.04
  • Subdivision Name: RED MOUNTAIN VILLAGE OFFICE SUITES CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Central A/C, Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 1675.0
  • Additional Parcels: No
  • Parcel #: 141-71-186
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2971.0

Tax Info

  • Tax Annual Amount: 2971.0
  • Tax Book Number: 141.00
  • Tax Lot: 128
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 1, 2021
Sold by
Gregory Jeffrey C and Gregory Carolyn R
Bought by
Mks Property Llc
Seller's Agent
Tony Preston
JPAR Vantage
Buyer's Agent
Brad Broyles
AZ Real Estate Options, LLC
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%
Current Estimated Value
$446,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,336
Avg. Annual Appreciation
5.82%
Original Mortgage
$327,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jul 6, 2016
Sold by
Mbm Williams Properties Llc
Bought by
The Jeffrey C Gregory & Carolyn R Gregor

Purchase Details

Closed on
Nov 4, 2011
Sold by
Celtic Bank Corporation
Bought by
Mbm Williams 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
$140,000
Interest Rate
4.02%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2010
Sold by
Usa Accessibility Consulting Inc
Bought by
Celtic Bank Corporation

Purchase Details

Closed on
Apr 23, 2007
Sold by
Red Mountain Village Investors Llc
Bought by
Usa Accessiblity Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,200
Interest Rate
6.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mks Property Llc $350,000 Commonwealth Title
The Jeffrey C Gregory & Carolyn R Gregor $237,000 Commonwealth Land Title Ins
Mbm Williams Properties Llc $150,000 First American Title Ins Co
Celtic Bank Corporation $240,000 None Available
Usa Accessiblity Inc $322,216 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mks Property Llc $327,000
Previous Owner Mbm Williams Properties Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $350,000 -10.3% $32 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
02/20/2020 02/20/20 For Sale $390,000 -- $36 / 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 $2,956 $29,199 -- --
2024 $3,070 $28,678 -- --
2023 $3,070 $45,067 $9,010 $36,057
2022 $3,095 $41,353 $8,260 $33,093
2021 $3,222 $43,560 $8,712 $34,848
2020 $3,180 $36,306 $7,254 $29,052
2019 $2,971 $34,074 $6,804 $27,270
2018 $2,852 $29,448 $5,886 $23,562
2017 $2,767 $27,234 $5,436 $21,798
2016 $2,716 $25,218 $5,040 $20,178
2015 $2,623 $21,405 $4,274 $17,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6039868

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-71-186