NOT LISTED FOR SALE

104 W Commerce Ct Unit 93 Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $409,000 - $425,000

3 Beds
2 Baths
1,464 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $365,000 $249 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,577/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • End Unit
  • Wood Flooring
  • Santa Barbara Architecture
  • Granite Countertops

About This Home

As of September 2021

Move-in-ready townhouse in the heart of downtown's vibrant Gilbert Heritage District: you'll love how perfectly designed & private this tri level end unit is. Featuring a great room w/wood flooring, NEW carpet in bedrooms & loft area and vaulted ceilings that add to the spacious feel plus plenty of natural light. Kitchen boasts SS appliances, granite counters and breakfast bar. A gorgeous spiral staircase leads to the large loft fit for home office or learning area. Main bedroom & full bath is on ground floor offering extra privacy plus laundry room & 2 full car attached garage w/TESLA charging outlet. Enjoy the resort style community POOL, park like scenery and playground! Steps to dining, shopping, arts & culture venues, trails & so much more! Sold as-is. 3D & VIRTUAL tours available. You'll feel right at home in this expansive Italian style split 3 bedroom, 2 bathroom plus loft with three levels of living space. To make your day a bit easier, you'll find plenty of storage within mirrored sliding closet doors, plus shelves in the laundry & garage and above cabinet storage in the kitchen. For cost saving there are energy-efficient features like ceiling fans throughout, all electric utilities and wifi enabled programmable thermostat. Being located at the end of the community also provides a private front entrance and view. All appliances included sold as-is: refrigerator, washer, dryer. Virtual and video walkthrough tours available. Profit potential as VACATION RENTAL - ask for rental analysis. Assoc Rules: Rentals - entire unit only, 30 days minimum, must notify association; Pets - 2 max. Buyer to verify all information in MLS including association rules, condominium declarations, property measurements and schools.

Last Listed By

Liza Rhima

AZ Distinguished Properties License #SA575904000 Listed on: 08/19/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 2003

Lot Details

  • 806 Sq Ft Lot
  • Desert faces the front of the property
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Grass Covered Lot

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,464 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Oak Tree Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 302-14-853

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • Brown Community Mgmt Association, Phone Number (480) 539-1396
  • Built by Classic Homes
  • Arbor Walk Amd Subdivision, Side Entry Twin Home Floorplan

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,205

Year Built

Built in 2003

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: W Guadalupe Rd & N Gilbert Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 165.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2020
  • Directions: Head south on N Gilbert Rd, Turn right onto W Juniper Ave, Turn left onto N Oak St, Turn left onto W Laurel Ave, Turn right onto N Mahogany St, Turn left onto W Commerce Ct, Property is on the left.
  • Master Model: Side Entry Twin Home
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: phpa01
  • Co List Office Phone: 602-468-3600
  • Subdivision Name: ARBOR WALK AMD
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 165.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1464.0
  • Stories: 3
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Front, Gravel/Stone Front, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool, Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Arbor Walk
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 208.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arbor Walk
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 330.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Community Mgmt
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 806.0
  • Parcel #: 302-14-853
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Classic Homes

Tax Info

  • Tax Annual Amount: 1205.0
  • Tax Book Number: 302.00
  • Tax Lot: 93
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 13, 2021
Sold by
Ladas Christopher A and Christopher Ladas Revocable Tr
Bought by
Nelson Jonathan Scott
Seller's Agent
Liza Rhima
AZ Distinguished Properties
Buyer's Agent
Kim Franken
Arizona Elite Properties
List Price
$365,000
Sold Price
$365,000
Total Days on Market
7
Current Estimated Value
$415,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,987
Avg. Annual Appreciation
3.61%
Original Mortgage
$292,000
Outstanding Balance
$268,219
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$147,768

Purchase Details

Closed on
Jan 7, 2015
Sold by
Ladas Christopher A
Bought by
Ladas Christopher A and Christopher Ladas Revocable Trust

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jul 8, 2013
Sold by
Wagner Mark F
Bought by
Ladas Christopher A
Seller's Agent
Nicole Doty
Zion Realty, LLC
Buyer's Agent
Patty Horn
Blue Pearl Realty
List Price
$174,900
Sold Price
$167,000
Premium/Discount to List
-$7,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Nov 3, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wagner Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,772
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2009
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 2, 2009
Sold by
Norman June
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
May 27, 2004
Sold by
Classic Communities Inc
Bought by
Norman June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
5.92%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Nelson Jonathan Scott $365,000 Security Title Agency Inc
Ladas Christopher A -- Security Title Agency
Ladas Christopher A $167,000 Security Title Agency
Wagner Mark F $123,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- First American Title
Gmac Mortgage Llc $143,000 Security Title Agency
Norman June $157,002 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jonathan Scott $292,000
Previous Owner Wagner Mark F $118,216
Previous Owner Wagner Mark F $120,772
Previous Owner Norman June $191,920
Previous Owner Norman June $151,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $365,000 0.0% $249 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $365,000 +118.6% $249 / Sq Ft
07/10/2013 07/10/13 Sold $167,000 -4.5% $114 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $174,900 -- $119 / 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 $999 $13,828 -- --
2024 $1,008 $13,170 -- --
2023 $1,008 $29,530 $5,900 $23,630
2022 $977 $22,680 $4,530 $18,150
2021 $1,223 $20,580 $4,110 $16,470
2020 $1,205 $18,830 $3,760 $15,070
2019 $1,119 $16,720 $3,340 $13,380
2018 $1,088 $15,180 $3,030 $12,150
2017 $1,053 $14,150 $2,830 $11,320
2016 $1,079 $13,060 $2,610 $10,450
2015 $984 $12,480 $2,490 $9,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6281218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-14-853