NOT LISTED FOR SALE

3514 N Power Rd Unit 130 Mesa, AZ 85215

-- Bed
-- Bath
10,942 Sq Ft
958 Sq Ft Lot

Last Sold March 01, 2020

Last sale price $3,999 $0 Per Sq Ft

98 Days on Market

About This Home

As of March 2020

• Move-In Ready Office Condo
• High-End Finishes
• For Lease: $20.00 PSF Full Service
• +/- 2,600 SF
• Near Business and Retail Amenities
• Less than 1 mile from Loop 202
• Thomas Road Frontage
• Monument and Building Signage Available
• Ample Parking

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 11/20/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2006

Lot Details

  • Property is zoned R-O

Home Design

  • 10,942 Sq Ft Home

Parking

  • 15 Open Parking Spaces
  • 20 Parking Spaces
  • 5 Covered Spaces
  • Paved Parking

Community Details

  • Red Mountain Village Office Suites 2Nd Amd Subdivision

Listing and Financial Details

  • Property Available on 11/20/19
  • The owner pays for (see remarks)
  • Tax Lot 130
  • Assessor Parcel Number 141-71-241

Property Details

Property Type

Other

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: N Power Rd & E Thomas Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: R-O
  • Lease Info Annual Lease Price: 52000.0
  • Lease Info Annual Lse Prc P S F: 20.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2600
  • Year Built: 2006
  • Tax Year: 2019
  • Subdivision Name: RED MOUNTAIN VILLAGE OFFICE SUITES 2ND AMD
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 10942.0

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 141-71-241

Rental Info

  • Available Date: 2019-11-20

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Full Service
  • Leasable Area: 2600.0

Tax Info

  • Tax Annual Amount: 1754.0
  • Tax Book Number: 141.00
  • Tax Lot: 130
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2011
Sold by
Bank Of America Na
Bought by
Maaly Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$213,915
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2011
Sold by
Ultimate Dental Care Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
May 11, 2007
Sold by
Red Mountain Village Investors Llc
Bought by
Cs Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Maaly Management Llc $380,000 First American Title Company
Cs Real Estate Partners Llc $943,560 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maaly Management Llc $304,000
Previous Owner Cs Real Estate Partners Llc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2020 03/01/20 Sold $3,999 -7.7% $0 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $4,333 -- $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 $1,745 $17,240 -- --
2024 $1,813 $16,932 -- --
2023 $1,813 $25,857 $5,168 $20,689
2022 $1,827 $23,975 $4,795 $19,180
2021 $1,903 $25,218 $5,040 $20,178
2020 $1,878 $21,150 $4,230 $16,920
2019 $1,754 $19,944 $3,978 $15,966
2018 $1,684 $17,334 $3,456 $13,878
2017 $1,634 $16,038 $3,204 $12,834
2016 $1,603 $14,796 $2,952 $11,844
2015 $1,549 $12,729 $2,535 $10,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6006998

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-71-241