NOT LISTED FOR SALE

116 E Palo Blanco Way Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $557,636 - $609,000

4 Beds

2 Baths

1,792 Sq Ft

$324/Sq Ft Est. Value

Last sale price $350,000 $195 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,446/month

1 Day on Market

Highlights

Play Pool
Vaulted Ceiling
Granite Countertops
Gilbert Elementary School Rated A-
Wood Flooring
1-minute walk to Farmhouse Meadows Park

About This Home

As of October 2019

PERFECT OPPORTUNITY to OWN in DOWNTOWN GILBERT!! Walk or ride your bike to all the restaurants and entertainment area's. This beautiful home is a true 4 bedroom and 2 bath single family residence. Cool off in your own pool with a low maintenance and perfect entertainers backyard. Plenty of brick pavers and BBQ area. This home is in perfect location to walk your kids to school. The kitchen has granite counters and stainless steel appliances.

Last Agent to Sell the Property

Christopher Bastian

HomeSmart License #SA635287000 Listed on: 09/11/2019

Last Buyer's Agent

Pamela Bernard

Keller Williams Realty Sonoran Living License #SA552798000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,618

Year Built

Built in 1998

Lot Details

7,004 Sq Ft Lot
Block Wall Fence
Grass Covered Lot

HOA Fees

$38 Monthly HOA Fees

Parking

2 Car Garage

Home Design

Wood Frame Construction
Tile Roof
Stucco

Interior Spaces

1,792 Sq Ft Home
1-Story Property
Vaulted Ceiling
Ceiling Fan
Double Pane Windows
Solar Screens

Kitchen

Breakfast Bar
Built-In Microwave
Kitchen Island
Granite Countertops

Flooring

Wood
Carpet
Tile

Bedrooms and Bathrooms

4 Bedrooms
Primary Bathroom is a Full Bathroom
2 Bathrooms
Bathtub With Separate Shower Stall

Accessible Home Design

No Interior Steps

Outdoor Features

Play Pool
Covered patio or porch
Built-In Barbecue

Schools

Gilbert Elementary School
Mesquite Jr High Middle School
Gilbert High School

Utilities

Refrigerated Cooling System
Heating Available
Water Softener
High Speed Internet
Cable TV Available

Listing and Financial Details

Tax Lot 18
Assessor Parcel Number 309-12-463

Community Details

Overview

Association fees include ground maintenance
Farmhouse Meadows Association, Phone Number (480) 641-9163
Built by Shea
Farmhouse Meadows 2 Subdivision

Recreation

Community Playground
Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,618

Year Built

Built in 1998

Lot Details

HOA Fees

$38 per month

Parking

Listing Details

Cross Street: Gilbert and Elliot
Legal Info Range: 6E
Property Type: Residential
Ownership: Fee Simple
HOA #2: N
Association Fees Land Lease Fee: N
Recreation Center Fee 2: N
Recreation Center Fee: N
Total Monthly Fee Equivalent: 37.5
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: 1998
Tax Year: 2019
Directions: South on Gilbert (from Elliot), East on Horseshoe, South on Elm and East on Palo Blanco. House on the left side.
Property Sub Type: Single Family - Detached
Horses: No
Lot Size Acres: 0.16
Subdivision Name: FARMHOUSE MEADOWS 2
Architectural Style: Ranch
Efficiency: Sunscreen(s)
Property Attached Yn: No
ResoBuildingAreaSource: Assessor
Association Fees:HOA Fee2: 450.0
Special Features: None

Interior Features

Flooring: Carpet, Tile, Wood
Basement YN: No
Possible Use: None
Spa Features: None
Possible Bedrooms: 4
Total Bedrooms: 4
Fireplace Features: None
Fireplace: No
Interior Amenities: Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
Living Area: 1792.0
Stories: 1
Window Features: Double Pane Windows
Fireplace:No Fireplace: Yes
Kitchen Features:Built-in Microwave: Yes
Kitchen Features:Granite Countertops: Yes
Kitchen Features:Kitchen Island: Yes
Community Features:BikingWalking Path: Yes
Kitchen Features Pantry: Yes
Other Rooms:Great Room: Yes
Other Rooms:Family Room: Yes
Kitchen Features:Wall Oven(s): Yes
Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

Fencing: Block
Exterior Features: Covered Patio(s), Built-in Barbecue
Lot Features: Grass Front
Pool Features: Play Pool, Private
Pool Private: Yes
Disclosures: Seller Discl Avail
Construction Type: Painted, Stucco, Frame - Wood
Roof: Tile
Construction:Frame - Wood: Yes
Exterior Features:Covered Patio(s): Yes
Exterior Features:Built-in BBQ: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

Community Features: Playground, Biking/Walking Path
Association Fee: 450.0
Association Fee Frequency: Annually
Association Name: Farmhouse Meadows
Phone: 480-641-9163
Association: Yes

Association/Amenities

Association Fees:HOA YN2: Y
Association Fees:HOA Paid Frequency: Annually
Association Fees:HOA Name4: Farmhouse Meadows
Association Fees:HOA Telephone4: 480-641-9163
Association Fees:PAD Fee YN2: N
Association Fees:Cap ImprovementImpact Fee _percent_: $
Association Fee Incl:Common Area Maint3: Yes
Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

Association Fee Includes: Maintenance Grounds

Schools

Elementary School: Gilbert Elementary School
High School: Gilbert 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: 7004.0
Parcel #: 309-12-463
ResoLotSizeUnits: SquareFeet

Building Info

Builder Name: Shea

Tax Info

Tax Annual Amount: 1618.0
Tax Book Number: 309.00
Tax Lot: 18
Tax Map Number: 12.00

Ownership History

Oct 2019 - Present Mccormack Erin and Gonsalves Michael 5 Years and 8 Months

Private Individual

Purchase Details

Listed on

Sep 11, 2019

Closed on

Oct 1, 2019

Sold by

Mazerolle Bradley D and Mazerolle Patricia

Bought by

Mccormack Erin and Gonsalves Michael

Seller's Agent

Christopher Bastian

HomeSmart

Buyer's Agent

Pamela Bernard

Keller Williams Realty Sonoran Living

List Price

$345,000

Sold Price

$350,000

Premium/Discount to List

$5,000

1.45%

Total Days on Market

Current Estimated Value

$581,409

Estimated Appreciation

$231,409

Avg. Annual Appreciation

9.38%

Original Mortgage

$315,000

Interest Rate

3.5%

Mortgage Type

New Conventional

Jun 2003 - Oct 2019 Mazerolle Bradley D and Mazerolle Patricia A 16 Years and 4 Months

Private Individual

Purchase Details

Closed on

Jun 17, 2003

Sold by

Schmale James W and Schmale Rebecca V

Bought by

Mazerolle Bradley D and Mazerolle Patricia A

Original Mortgage

$38,400

Interest Rate

5.26%

Mortgage Type

Stand Alone Second

Nov 1998 - Jun 2003 Schmale James W and Schmale Rebecca 4 Years and 7 Months

Private Individual

Purchase Details

Closed on

Nov 13, 1998

Sold by

Shea Homes Arizona Ltd Partnership

Bought by

Schmale James W and Schmale Rebecca

Original Mortgage

$162,550

Interest Rate

6.63%

Mortgage Type

New Conventional

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Mccormack Erin	$350,000	Old Republic Title Agency
Mazerolle Bradley D	$192,000	Ticor Title Agency Of Az Inc
Schmale James W	$160,967	First American Title

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Gonsalves Erin	$316,400
Closed	Mccormack Erin	$315,000
Previous Owner	Mazerolle Bradley D	$50,000
Previous Owner	Mazerolle Bradley D	$183,972
Previous Owner	Mazerolle Bradley D	$65,000
Previous Owner	Mazerolle Bradley D	$38,400
Previous Owner	Mazerolle Bradley D	$153,600
Previous Owner	Schmale James W	$162,550

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
10/11/2019 10/11/19	Sold	$350,000	+1.4%	$195 / Sq Ft
09/11/2019 09/11/19	For Sale	$345,000	--	$193 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

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	$1,734	$23,536	--	--
2024	$1,743	$22,416	--	--
2023	$1,743	$38,710	$7,740	$30,970
2022	$1,691	$29,300	$5,860	$23,440
2021	$1,785	$27,700	$5,540	$22,160
2020	$1,752	$25,620	$5,120	$20,500
2019	$1,618	$23,630	$4,720	$18,910
2018	$1,566	$21,960	$4,390	$17,570
2017	$1,515	$20,470	$4,090	$16,380
2016	$1,566	$19,800	$3,960	$15,840
2015	$1,428	$18,860	$3,770	$15,090

Source: Public Records

Agents Affiliated with this Home

C

Seller's Agent in 2019

Christopher Bastian

HomeSmart

(480) 695-1823

10 Total Sales

Christopher Bastian
Buyer's Agent in 2019

Pamela Bernard

Keller Williams Realty Sonoran Living

(602) 690-7810

1 in this area

31 Total Sales

Pamela Bernard

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5977066

APN: 309-12-463

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

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

116 E Palo Blanco Way Gilbert, AZ 85296

Last Sold October 11, 2019

Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map