Seller's Agent in 2023
Jeffrey Hubbell
Dana Hubbell Group
(480) 290-4103
3 in this area
61 Total Sales
115 E Water Tank Rd Gilbert, AZ 85296
Downtown Gilbert NeighborhoodEstimated Value: $752,000 - $1,859,408
5
Beds
2
Baths
2,940
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- 2.45 Acre Lot
- Outdoor Fireplace
- Gilbert Elementary School Rated A-
- Vaulted Ceiling
- Wood Flooring
About This Home
As of September 2023This could be a once in a lifetime opportunity: Just under 2.5 irrigated acres, just a tiny hair over a mile away (to the south) from the middle of the intersection of Gilbert Rd and Page Ave. That's the heart of Downtown Gilbert and this property is just off of Gilbert Rd so it's a straight shot. These facts alone make for an incredibly rare offering. Then add to that a dead-end street, city water, trash, and street maintenance, SW gas, and a N/S exposed, gorgeously remodeled and expanded farmhouse. Developers: Zoned R15. Investors: What a killer vacation rental this would be. Owner occupants: Live the dream of old-school Gilbert with (or without) your animals and enjoy the elbow room, while enjoying the modern shopping, dining, and recreation of the area. Too much space?- Subdivide and sell the back acre! The amazing home features a large laundry room with a dog bath, a large extra storage room that could have a variety of uses, stunning kitchen with all Thermador built-in appliances and pasta pot filler, newer tankless water heater, hardwood flooring, a breathtaking master with a luxurious bathroom, and more. Don't miss the inviting backyard with a covered patio, open artificial turf area, cozy gazebo structure with a fireplace, raised garden beds ready for planting, a dog run area, and still plenty of room to add pool, shop, or ? without taking away any of the pasture area. A property with so many options and so few limits- Bring your imagination and enjoy this exquisite property!
Last Agent to Sell the Property
Dana Hubbell Group Brokerage Phone: 602-697-3103 License #SA632306000 Listed on: 08/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,521
Year Built
- Built in 1971
Lot Details
- 2.45 Acre Lot
- Wood Fence
- Wire Fence
- Artificial Turf
- Grass Covered Lot
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 2,940 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Double Pane Windows
- Low Emissivity Windows
- Living Room with Fireplace
Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Storage
Schools
- Gilbert Elementary School
- Mesquite Jr High Middle School
- Gilbert High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Property is near a bus stop
- Flood Irrigation
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
Listing and Financial Details
- Assessor Parcel Number 304-25-945
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2019
Sold by
Water Tank Farm 1 Llc
Bought by
Knutson William R
Current Estimated Value
Purchase Details
Listed on
Nov 28, 2017
Closed on
Apr 10, 2018
Sold by
Criddle Leah
Bought by
Knutson William R
Seller's Agent
Theodore J Brennan
West USA Realty
Buyer's Agent
Bill Knutson
Connect Realty.com Inc.
List Price
$730,000
Sold Price
$660,000
Premium/Discount to List
-$70,000
-9.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$594,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 21, 2011
Sold by
Webster Lloyd E
Bought by
Webster Miner E and Webster Sarah J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knutson William R | -- | None Available | |
| Knutson William R | $660,000 | Grand Canyon Title Agency | |
| Webster Miner E | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knutson William R | $728,000 | |
| Previous Owner | Knutson William R | $594,000 | |
| Previous Owner | Webster Miner E | $150,000 | |
| Previous Owner | Webster Lloyd E | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $2,000,000 | -9.1% | $680 / Sq Ft |
| 08/25/2023 08/25/23 | For Sale | $2,200,000 | +233.3% | $748 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 04/13/2018 04/13/18 | Sold | $660,000 | -2.2% | $270 / Sq Ft |
| 01/31/2018 01/31/18 | Price Changed | $674,900 | -7.5% | $276 / Sq Ft |
| 11/28/2017 11/28/17 | For Sale | $730,000 | -- | $299 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,578 | $35,666 | -- | -- |
| 2024 | $2,600 | $33,968 | -- | -- |
| 2023 | $2,600 | $60,700 | $12,140 | $48,560 |
| 2022 | $2,521 | $45,050 | $9,010 | $36,040 |
| 2021 | $2,663 | $42,700 | $8,540 | $34,160 |
| 2020 | $2,622 | $39,360 | $7,870 | $31,490 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Hubbell
-
Merri Cox
Buyer's Agent in 2023
Merri Cox
HomeSmart
(480) 577-0770
1 in this area
24 Total Sales
-
Theodore J Brennan
T
Seller's Agent in 2018
Theodore J Brennan
West USA Realty
(602) 882-3838
17 Total Sales
-
Bill Knutson
Buyer's Agent in 2018
Bill Knutson
Connect Realty.com Inc.
(480) 650-3241
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6591374
APN: 304-25-945
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.
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
Nearby Homes
- 115 E Spur Ave
- 81 E Smoke Tree Rd
- 573 S Buena Vista Ct
- 213 E Smoke Tree Rd
- 84 E Palomino Dr
- 89 E Palomino Dr
- 345 S Buena Vista Ave
- 85 E Palomino Dr
- 289 E Mesquite St
- 53 E Horseshoe Ave
- 251 E Arabian Dr
- 4143 E Appaloosa Rd
- 4169 E Sagebrush St
- 339 E Horseshoe Ave
- 217 W Smoke Tree Rd
- 243 W Candlewood Ln
- 460 E Arabian Dr
- 635 S Lanus Dr
- 209 E Avenida Sierra Madre
- 550 E Appaloosa Rd
- 129 E Water Tank Rd
- 53 E Water Tank Rd
- 127 E Spur Ave
- 103 E Spur Ave
- 139 E Spur Ave
- 135 E Water Tank Rd
- 49 E Water Tank Rd
- 91 E Spur Ave
- 151 E Spur Ave
- 79 E Spur Ave
- 147 E Water Tank Rd
- 37 E Water Tank Rd
- 163 E Spur Ave
- 114 E Spur Ave
- 126 E Spur Ave
- 104 E Spur Ave
- 136 E Spur Ave
- 67 E Spur Ave
- 92 E Spur Ave
- 175 E Spur Ave