NOT LISTED FOR SALE

4365 E Pecos Rd Unit 130 Gilbert, AZ 85295

Power Ranch Neighborhood

Estimated Value: $651,078

-- Bed
-- Bath
2,042 Sq Ft
$319/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $390,000 $191 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,799/month

709 Days on Market

Highlights

  • Meeting Room
  • Central Air
  • Heating Available
  • Centennial Elementary School Rated A

About This Home

As of March 2019

Rental Professional Office Suites Fully Occupied with Existing Tenants, Near Power Ranch. Easy access to loop 202, close to San Tan Mall and growing Queen Creek Marketplace. Build-out includes 1 reception, 1 conference room, 6 executive offices, 2 bathrooms. Inexpensive HOA.

Last Agent to Sell the Property

Kevin Fike

ProSmart Realty License #BR508662000 Listed on: 01/25/2017

ProSmart Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2006

Lot Details

  • 1,465 Sq Ft Lot
  • Property is zoned C-C

Home Design

  • 2,042 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 309-28-283

Community Details

Overview

  • Power Ranch Professional Village Condo Amd Subdivision

Amenities

  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $14,859
  • Gross Income $31,040
  • Net Operating Income $16,180

Property Details

Property Type

Other

Est. Annual Taxes

$2,945

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Power & Pecos
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2016
  • Directions: West to Property.
  • Lot Size Acres: 0.03
  • Professional Management Expense: 1400.0
  • Subdivision Name: POWER RANCH PROFESSIONAL VILLAGE CONDO AMD
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 1465.0
  • Additional Parcels: No
  • Parcel #: 309-28-283
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2813.0
  • Annual Gross Income: 31040.0
  • Insurance Expense: 1210.0
  • Property Net Operating Income: 16180.0
  • Annual Operating Expense: 14859.0

Tax Info

  • Tax Annual Amount: 2945.0
  • Tax Book Number: 309.00
  • Tax Lot: 130
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 14, 2019
Sold by
Mke Llc
Bought by
Harrison Ford Investments Llc
Seller's Agent
Kevin Fike
ProSmart Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$651,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,078
Avg. Annual Appreciation
8.18%
Original Mortgage
$350,000
Outstanding Balance
$309,569
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$336,406

Purchase Details

Closed on
Sep 13, 2011
Sold by
Fike Marianne and Marianne Fike Trust
Bought by
Mke 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
Harrison Ford Investments Llc $390,000 Commonwealth Title
Mke Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Ford Investments Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $390,000 -1.3% $191 / Sq Ft
03/07/2019 03/07/19 Price Changed $395,000 0.0% $193 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
07/02/2018 07/02/18 Price Changed $395,000 -1.3% $193 / Sq Ft
05/25/2018 05/25/18 For Sale $400,000 0.0% $196 / Sq Ft
05/25/2018 05/25/18 Price Changed $400,000 +2.6% $196 / Sq Ft
04/03/2018 04/03/18 Off Market $390,000 -- --
01/15/2018 01/15/18 Price Changed $349,900 0.0% $171 / Sq Ft
10/26/2017 10/26/17 Price Changed $350,000 -11.4% $171 / Sq Ft
08/12/2017 08/12/17 Price Changed $395,000 -12.2% $193 / Sq Ft
01/25/2017 01/25/17 For Sale $450,000 -- $220 / 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 $3,008 $30,923 -- --
2024 $3,102 $30,371 -- --
2023 $3,102 $45,220 $9,044 $36,176
2022 $3,066 $45,378 $9,065 $36,313
2021 $3,197 $44,460 $8,892 $35,568
2020 $3,245 $43,326 $8,658 $34,668
2019 $3,148 $34,218 $6,840 $27,378
2018 $3,048 $29,628 $5,922 $23,706
2017 $2,945 $31,518 $6,300 $25,218
2016 $2,932 $29,304 $5,850 $23,454
2015 $2,691 $23,125 $4,625 $18,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5551477

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-28-283