NOT LISTED FOR SALE

4135 S Power Rd Unit 125 Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $881,249

-- Bed
-- Bath
3,325 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $497,550 $150 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,975/month

255 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating Available
  • Boulder Creek Elementary School Rated A-
  • Concrete Flooring

About This Home

As of May 2017

SHARP, MOVE-IN READY, OFFICE CONDO for entrepreneurs and businesses. This unit is turnkey ready for you to open the doors and run you business! This high quality spacke is situated in a terrific complex with plenty of parking. Your customers will enjoy the attractive feel of this professional community as well as the inviting, upgraded interior with light infusing windows, soaring wood paneled ceilings and wood flooring, 8 ft Birch doors and glass walls with modern design. Compare this space's quality and pricing to available built out condos and grey shells. There's nothing close to this QUALITY at this price per square foot. It would cost you 30+% more to buy and build this unit now! High-end wood & glass finishes, reception area, 7 offices, conference room, bullpen/tech center, break room, loft space, 2 bathrooms, 2 supply/server closets. Ample parking at door, 3 covered parking spots, double-sided monument signage on Power Rd.

Located just 2 minutes and .9 miles to the 202 Freeway, which allows easy access to the entire valley and it's skilled labor force.

1 - large reception area
1 - 13 x 18 conference room
4 - 11 x 11'6 offices
1 - 11 x 16 office
1 - 11 x 14 office
1 - 10 x 13 office
1 - second level mezzanine loft 373 SF
1 - break room
1 - bullpen seats up to 7
1 - supplies closet
1 - server closet
3 - covered parking spots

Ownership in Pierpont San Tan Center provides an excellent location on the border of Mesa and Gilbert in the corridor of explosive growth along Power Road with extensive retail and restaurant amenities within 5 minutes.! Just 2 minutes to only interchange on the Loop 202 Freeway for 4 miles. Only 5 minutes from the new Phoenix Mesa Gateway Airport (2.5 miles) and ASU Polytechnic Campus.

Just 1.4 miles North of Vestar's Gilbert Gateway Towne Center power center anchored by Walmart Supercenter, Super Target, Ross, Michaels, PetsMart, Potato Barn, Cost Plus, and Pier 1 Imports, Starbucks, Chipotle, and many other high demand retail businesses.

Excellent access to master-planned communities of Power Ranch, Cortina, Sossaman Estates,Morrison Ranch and Eastmark.

- 192,285 populations within a 5-mile radius
- $90,510 average household income within a 5-mile radius
- Over 165 active & planned housing developments equating
to an additional 370,000 people within trade area

Traffic Counts (2014):
Loop 202 Freeway.........................136,000 vpd
Power Road..................................37,000 vpd

Last Agent to Sell the Property

Mark Carvalho

Carvalho Real Estate License #BR543460000 Listed on: 02/21/2017

Last Buyer's Agent

Danny Kallay

Compass License #SA512397000

Compass

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $562

Year Built

  • Built in 2005

Lot Details

  • 2,952 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Foam Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • 3,325 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 11 Parking Spaces
  • 3 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 3-18
  • Assessor Parcel Number 304-17-175

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Pierpont San Tan Condominium Subdivision
  • Operating Expense $6,342

Property Details

Property Type

Other

Est. Annual Taxes

$562

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Power Rd. North of Warner Rd
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2015
  • Directions: Just North of Warner Road on the East side of Power. Look for Pierpont San Tan. Unit 125 is located in the first building on the North side of the complex. Unit 125 is the middle of the building.
  • Lot Size Acres: 0.07
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: PIERPONT SAN TAN CONDOMINIUM
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 3325.0

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks), None
  • Construction Type: Stucco, Metal Siding, Brick
  • Roof: Built-Up, Foam, Rolled/Hot Mop
  • Construction:Metal: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Individual Meter, Underground, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Other (See Remarks), Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 2952.0
  • Parcel #: 304-17-175
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2100.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 6342.0

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 304.00
  • Tax Lot: 3-18
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 20, 2017
Sold by
Carvalho Mark J and Carvalho Kristin
Bought by
Tran Tien
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Danny Kallay
Compass
List Price
$598,750
Sold Price
$497,550
Premium/Discount to List
-$101,200
-16.9%
Total Days on Market
255
Current Estimated Value
$881,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,699
Avg. Annual Appreciation
7.32%
Source: Public Records

Range of Values:

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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
Tran Tien $497,550 Fidelity National Title Agen
Tran Tien $497,550 Fidelity National Title Agen
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $497,550 -16.9% $150 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
07/07/2016 07/07/16 For Sale $598,750 -- $180 / 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 $562 $6,294 -- --
2024 $582 $6,182 -- --
2023 $582 $10,829 $2,159 $8,670
2022 $586 $10,063 $2,013 $8,050
2021 $636 $9,774 $1,944 $7,830
2020 $625 $9,756 $1,944 $7,812
2019 $585 $9,324 $1,854 $7,470
2018 $560 $8,370 $1,674 $6,696
2017 $544 $7,308 $1,458 $5,850
2016 $558 $6,768 $1,350 $5,418
2015 $526 $6,439 $1,277 $5,162
Source: Public Records

Agents Affiliated with this Home

  • Mark Carvalho

    Seller's Agent in 2017

    Mark Carvalho

    Carvalho Real Estate

    (480) 250-6099

    58 Total Sales

    Mark Carvalho
    Section Image
  • Danny Kallay

    Buyer's Agent in 2017

    Danny Kallay

    Compass

    (480) 694-8571

    1,573 Total Sales

    Danny Kallay
    Section Image

  • D

    Buyer's Agent in 2017

    Daniel Kallay

    RE/MAX Anasazi

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5467585

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-175

Arizona Maricopa County Mesa 85212 Morrison Ranch

4135 S Power Rd Unit 125, Mesa, AZ

This home is located at 4135 S Power Rd Unit 125, Mesa, AZ 85212 since 21 February 2017 and is currently estimated at $881,249, approximately $265 per square foot. This property was built in 2005. 4135 S Power Rd Unit 125 is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Highland Jr High School, and Highland High 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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