NOT LISTED FOR SALE

Estimated Value: $339,944

1 Bed
-- Bath
4,701 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $218,000 $46 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,012/month

142 Days on Market

About This Home

As of February 2020

• Mesa Office Condo for Purchase
• Built-Out Office - Move-In Ready
• Approximately 1,244 SF
• Available for Sale
• $255,020.00 ($205.00 PSF)
• Located within Zahara Professional Offices
• Great Demographics - 1 Mile Avg. Income $135,000
• Just off Power Road with 19,000 VPD
• Easy Access to Loop 202 Red Mountain
• Near Retail and Business Amenities

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 08/21/2019

Last Buyer's Agent

Brandon Barrett-Miller

New Home Connect License #BR551234000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 2006

Lot Details

  • 1,244 Sq Ft Lot
  • Property is zoned LC

Home Design

  • 4,701 Sq Ft Home

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space
  • Paved Parking

Community Details

  • Zahara Professional Offices Amd Subdivision
  • Operating Expense $1,558

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 141-71-228

Property Details

Property Type

Other

Est. Annual Taxes

$1,558

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 Sale
  • Zoning: LC
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2006
  • Tax Year: 2018
  • Lot Size Acres: 0.03
  • Subdivision Name: ZAHARA PROFESSIONAL OFFICES AMD
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 4701.0

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • 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

  • Lot Size Sq Ft: 1244.0
  • Parcel #: 141-71-228
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1558.0
  • Leasable Area: 1244.0

Tax Info

  • Tax Annual Amount: 1558.0
  • Tax Book Number: 141.00
  • Tax Lot: 124
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
New Home Connect Llc
Bought by
Fgz Properties Llc
Current Estimated Value
$339,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Outstanding Balance
$295,254
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$43,523

Purchase Details

Listed on
Aug 21, 2019
Closed on
Feb 26, 2020
Sold by
Azia Real Estate And Investments Llc
Bought by
New Home Connect Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Brandon Barrett-Miller
New Home Connect
List Price
$255,020
Sold Price
$218,000
Premium/Discount to List
-$37,020
-14.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
May 18, 2012
Sold by
Prp Sdl Limited Partnership
Bought by
Azia Real Estate & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2010
Sold by
Stearns Bank Na
Bought by
Power Road Partners Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fgz Properties Llc $340,000 Thomas Title & Escrow Llc
New Home Connect Llc $218,000 Commonwealth Title
Azia Real Estate & Investments Llc $75,000 Fidelity National Title
Power Road Partners Llc $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fgz Properties Llc $314,000
Previous Owner Azia Real Estate And Investments Llc $875,000
Previous Owner Azia Real Estate & Investments Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $218,000 -14.5% $46 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
08/21/2019 08/21/19 For Sale $255,020 -- $54 / 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 $1,615 $15,950 -- --
2024 $1,677 $15,665 -- --
2023 $1,677 $26,231 $5,236 $20,995
2022 $1,691 $19,828 $3,955 $15,873
2021 $1,760 $16,254 $3,240 $13,014
2020 $1,737 $16,974 $3,384 $13,590
2019 $1,623 $17,406 $3,474 $13,932
2018 $1,558 $15,930 $3,186 $12,744
2017 $1,511 $13,986 $2,790 $11,196
2016 $1,483 $13,374 $2,664 $10,710
2015 $1,433 $11,322 $2,257 $9,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5967821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-71-228