5850 S Power Rd, Gilbert, AZ 85295 Property Records

Maricopa County property record for 5850 S Power Rd, Gilbert, AZ 85295

Property Summary

Property Type	Multi-Family Dwellings
Details	8,064 sqft · built 1982
Lot Size	3.42 acres (149,324 sqft)
Owner	Company Name on File
Last Sale	$7,750,000 (Nov 2023)
Tax Bill	$25,078 (2025)
Deeds & Mortgages	Nov 2023 Sale Jun 2020 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`304-38-014Z`

Property Details

APN / Parcel Number

Primary APN	`304-38-014Z`

Interior

Units	6 Units
Stories	2 Stories
Building Area	8,064 sqft Total Area
Gross Area	8,864 sqft
1st Floor Area	8,864 sqft

Exterior

Year Built	Built 1982
Exterior Material	Stucco
Construction Type	Steel Frame
Lot Area	149,324 sqft (3.42 acres)
Patio Area	4,096 sqft
Utility Building	800 sqft
Total Buildings	6 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Package Unit

Location & Zoning

Street Address	5850 S POWER RD
City	GILBERT
State	AZ
Zip	85295-8407
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	MF/M
Legal Description	PT SE4 SEC 25 DAF COM E4 COR SD SEC TH S 1307.20F W 157.93F TO PT ON WLY R/W LN POWER RD & TPOB SD PT BEING ON ARC NON-TAN CU
Legal Range	06E
Legal Township	01S
Legal Section	25
Legal Quarter	SW
Quarter-Quarter Section	SE
Jurisdiction	MARICOPA AZ
Township / Civil Division	CHANDLER
Census Block Group	2
Census Block	2020
Census Tract	815201

Owner

5850 S Power Rd, a residential property, is owned by a company that bought it in November 2023.

Source: Maricopa County records, as of November 20, 2025

Owner of Record	Company Name on File
Mailing Address	4435 E CHANDLER BLVD STE 200, 200, PHOENIX, AZ 85048-7651
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 30, 2023	Special Warranty Deed, Transfer
Jun 22, 2020	Deed of Trust, Mortgage NORTHMARQ CAP
Jun 22, 2018	Grant Deed, Construction Loan JONES LANG LASALLE MULTIFAMILY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 30, 2023 · Amount on File
Deed Sale	Nov 30, 2023 · Amount on File
Prior Sale	Jun 22, 2018 · Amount on File
Deed Document Number	20230613987
Record Updated	Jun 8, 2026

November 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 30, 2023
Property Address	5850 S POWER RD, GILBERT, AZ 85295-8407
Document Number	0000613987
Instrument Date	Nov 27, 2023
Instrument	20230613987
Transaction Type	Transfer
Record Updated	Nov 21, 2025

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6015 W TROVITA PL, CHANDLER, AZ 85226-1273

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4435 E CHANDLER BLVD STE 200, 200, PHOENIX, AZ 85048-7651

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	5850 S POWER RD, GILBERT, AZ 85295-8407
Document Number	0000695473
Instrument Date	Jun 22, 2020
Transaction Type	Mortgage
Record Updated	Aug 11, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6015 W TROVITA PL CHANDLER AZ 852261273, CHANDLER, AZ 85226-1273

Mortgage

Document Number	0000695473
Date	Jul 31, 2020
Instrument	695473

Lender

Name	NORTHMARQ CAP
Type	Funding / Finance Company
Address	3500 AMERICAN BLVD W # 500, BLOOMINGTON, MN 55431-4413

Agreement

Amount	Amount on Record
Term	84 Months
Due	Jul 30, 2027

Interest

Rate Type	Adjustable Rate

June 2018: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jun 22, 2018
Property Address	5850 S POWER RD, GILBERT, AZ 85295-8407
Document Number	0000476899
Instrument Date	Jun 20, 2018
Instrument	476899
Transaction Type	Construction Loan
Record Updated	Sep 3, 2018
Title Company	THOMAS TITLE AND ESCROW

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$7,500.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5850 S POWER RD GILBERT AZ 852958407, GILBERT, AZ 85295-8407

Mortgage

Document Number	476900
Date	Jun 22, 2018
Instrument	476900

Lender

Name	JONES LANG LASALLE MULTIFAMILY
Address	2177 YOUNGMAN AVE, ST PAUL, MN 55116-3042

Agreement

Amount	Amount on Record
Term	84 Months
Due	Jun 21, 2025

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 5850 S Power Rd was $25,078.

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Gilbert Town
Unified School District	Higley Unified District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$985,280	$9,852,800 Land $1,970,500 Building $7,882,300
2025	$25,078.00
2024		$1,280,770 (+39.88%)	$12,807,700 (+39.88%) Land $2,561,500 Building $10,246,200
2023	$26,405.00 (+3.97%)	$915,650 Land $183,130 Building $732,520	$9,156,500 Land $1,831,300 Building $7,325,200
2022	$25,397.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 5850 S Power Rd in Zone X, an area of moderate flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 5850 S Power Rd is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 67% of the US · lower than 74% of Arizona
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TOWN OF GILBERT serves 247,600 people · EPA ID AZ0407092
Water Source	Surface water
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	53 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 14 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	50 / 10

May also be available: CenturyLink, Cox Communications, GeoLinks, Verizon.

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