NOT LISTED FOR SALE

1087 E Arabian Dr Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $459,089 - $508,000

4 Beds
2 Baths
1,945 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $189,900 $98 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,696/month

Highlights

  • Eat-In Kitchen
  • Heating Available
  • 1-Story Property
  • Mesquite Elementary School Rated A-

About This Home

As of December 2014

This home is located at 1087 E Arabian Dr, Gilbert, AZ 85296 since 13 November 2014 and is currently priced at $484,522. This property was built in 2001. 1087 E Arabian Dr is a home located in Maricopa County with nearby schools including Mesquite Elementary School, Greenfield Junior High School, and Gilbert Arts Academy.

Last Agent to Rent the Property

Ruth Silva

Colony American Homes License #SA041745000 Listed on: 11/13/2014

Last Renter's Agent

Caleb Williams

HomeSmart License #SA655104000

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 5,759 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,945 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Mesquite Elementary School - Gilbert
  • Greenfield Elementary Middle School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Brown Association, Phone Number (480) 539-1396
  • Mirador Estates Subdivision

Listing and Financial Details

  • Property Available on 11/13/14
  • 12-Month Minimum Lease Term
  • Tax Lot 7
  • Assessor Parcel Number 309-18-008

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2014-11-13

Listing Details

  • Cross Street: Lindsay & Warner
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Rental Info H O A Name: Brown
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Mirador Estates
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Laundry Features Washer Hookup: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1945.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Brown
  • Phone: 480-539-1396
  • Association: Yes

Schools

  • Elementary School: Mesquite Elementary School - Gilbert
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Lot Size Sq Ft: 5759.0
  • Parcel #: 309-18-008
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 309.00
  • Tax Lot: 7
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
2018 1 Iii Borrower Lp
Bought by
2018 1 Ih Borrower Lp
Current Estimated Value
$484,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,571,000
Outstanding Balance
$776,252,691
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
-$775,768,169

Purchase Details

Closed on
Mar 31, 2014
Sold by
Colfin Ai Az 2 Llc
Bought by
Cah 2014 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,600,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 28, 2013
Closed on
Feb 26, 2013
Sold by
Beneficial Financial I Inc
Bought by
Colfinai Az 2 Llc
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jan 16, 2013
Sold by
Farrell Terry and Farrell Naomi B
Bought by
Beneficial Financial I Inc
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$189,900
Sold Price
$189,900

Purchase Details

Closed on
Jun 27, 2001
Sold by
Kb Home Sales Phoenix Inc
Bought by
Farrell Terry and Farrell Naomi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,906
Interest Rate
10.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2018 1 Ih Borrower Lp -- None Available
Cah 2014 1 Borrower Llc -- None Available
Colfinai Az 2 Llc $189,900 Security Title Agency
Beneficial Financial I Inc $153,450 Lawyers Title Company
Farrell Terry $154,906 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 1 Ih Borrower Lp $916,571,000
Previous Owner Cah 2014 1 Borrower Llc $513,600,000
Previous Owner Farrell Terry $154,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2014 12/17/14 Rented $1,300 -5.5% --
12/04/2014 12/04/14 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $1,375 +5.8% --
10/15/2013 10/15/13 Rented $1,300 -10.3% --
09/19/2013 09/19/13 Under Contract -- -- --
08/13/2013 08/13/13 For Rent $1,450 0.0% --
03/01/2013 03/01/13 Sold $189,900 0.0% $98 / Sq Ft View Prior Sale
02/18/2013 02/18/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $189,900 -- $98 / 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 $1,887 $20,601 -- --
2024 $1,826 $19,620 -- --
2023 $1,826 $34,020 $6,800 $27,220
2022 $1,774 $26,610 $5,320 $21,290
2021 $1,835 $25,160 $5,030 $20,130
2020 $1,808 $23,370 $4,670 $18,700
2019 $1,680 $21,350 $4,270 $17,080
2018 $1,634 $19,810 $3,960 $15,850
2017 $1,581 $18,420 $3,680 $14,740
2016 $1,622 $17,760 $3,550 $14,210
2015 $1,479 $16,610 $3,320 $13,290
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2014

    Ruth Silva

    Colony American Homes

  • C

    Tenant's Agent in 2014

    Caleb Williams

    HomeSmart

    Section Image

  • R

    Seller's Agent in 2013

    Robert Bornholdt

    New Home Brokers

  • Brett Tanner

    Buyer's Agent in 2013

    Brett Tanner

    Keller Williams Realty Phoenix

    (623) 688-1710

    1 in this area

    539 Total Sales

    Brett Tanner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5199544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-18-008

Arizona Maricopa County Gilbert 85296 East Gilbert

1087 E Arabian Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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