Seller's Agent in 2023
Frank Gerola
Venture REI, LLC
(480) 231-3401
33 in this area
328 Total Sales
116 W Bruce Ave Gilbert, AZ 85233
Heritage District NeighborhoodEstimated Value: $569,000 - $775,823
4
Beds
3
Baths
1,973
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Wood Flooring
- No HOA
- Gilbert Elementary School Rated A-
- 1 Fireplace
- 2-minute walk to Veterans Park
About This Home
As of May 2023Welcome to this stunning 1938 historic adobe home located in the heart of downtown Gilbert! This beautifully restored home boasts all the charm and character of the past while offering updated modern conveniences.
Upon entering, you will immediately notice the restored original hardwood flooring throughout the main house, which perfectly complements the custom chrome vanities with marble slabs in the bathrooms. The highlight of the main house is the custom kitchen, featuring marble slabs, a 10-foot island, slow-close cabinetry, and stainless steel Kitchen Aid appliances.
The main house also features all new plumbing and electrical throughout the entire house, ensuring that everything runs smoothly. You'll never have to worry about running out of hot water with the tankless water heat heater, and the internal water filtration system with reverse osmosis and charcoal filter will provide you with clean, refreshing water every day.
The primary bedroom is spacious and offers plenty of room for relaxation, while the view of the water tower from the backyard is simply stunning. Additionally, the property features two separate driveways, a rare find in old town Gilbert.
The basement is a completed separate entrance space that could be used as a personal retreat or rented out for extra income. The basement features custom cabinetry with slow-close hinges and custom LED lighting strips on the ceiling, providing a cozy and inviting atmosphere.
The backyard is a great place to relax and enjoy the Arizona weather, with a slab and rough plumbing already in place for a potential studio/detached garage. The updated landscaping and fencing provide privacy and a beautiful setting for entertaining guests.
This home truly has it all - a perfect blend of history and modern conveniences. Don't miss out on the opportunity to make this your dream home!
Last Agent to Sell the Property
Venture REI, LLC License #SA645607000 Listed on: 03/17/2023
Last Buyer's Agent
Lauren Schellhase
HomeSmart License #SA640803000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,168
Year Built
- Built in 1938
Lot Details
- 7,670 Sq Ft Lot
- Wood Fence
- Front and Back Yard Sprinklers
- Grass Covered Lot
Parking
- 2 Carport Spaces
Home Design
- Spray Foam Insulation
- Metal Roof
- Adobe
Interior Spaces
- 1,973 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Double Pane Windows
- Finished Basement
Kitchen
- Breakfast Bar
- Kitchen Island
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Location
- The property is located in a historic district
Schools
- Gilbert Elementary School
- Mesquite Jr High Middle School
- Gilbert High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Water Purifier
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Lacy Tract Blk 9 Subdivision
Listing and Financial Details
- Legal Lot and Block 5 / 7
- Assessor Parcel Number 302-18-092-C
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2023
Closed on
May 12, 2023
Sold by
Bigelow Angela
Bought by
Kreiter Jonathan and Zelko Melissa
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Lauren Schellhase
HomeSmart
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,294
Avg. Annual Appreciation
-5.11%
Original Mortgage
$375,000
Outstanding Balance
$362,800
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$310,906
Purchase Details
Closed on
Jan 30, 2019
Sold by
Bigelow Blake and Bigelow Angela
Bought by
Bigelow Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2014
Closed on
Feb 23, 2015
Sold by
Chang Cheng Yafei Usa Llc
Bought by
Bigelow Blake
Seller's Agent
Jason Zhang
Gold Trust Realty
Buyer's Agent
Jonas Funston
Realty ONE Group
List Price
$119,000
Sold Price
$95,000
Premium/Discount to List
-$24,000
-20.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Purchase Details
Closed on
Jan 21, 2013
Sold by
Yu Haifung
Bought by
Chan Cheng Yafei U S A Llc
Purchase Details
Listed on
Mar 2, 2012
Closed on
Apr 26, 2012
Sold by
Liang Holdings Investments Llc
Bought by
Yu Haifang
Seller's Agent
Minnie Meckle
Keller Williams Legacy One
Buyer's Agent
Casey Jann
My Home Group Real Estate
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%
Purchase Details
Listed on
Mar 2, 2012
Closed on
Mar 28, 2012
Sold by
Salt & Light Investments Llc
Bought by
Jetstream Investments Llc
Seller's Agent
Minnie Meckle
Keller Williams Legacy One
Buyer's Agent
Casey Jann
My Home Group Real Estate
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Purchase Details
Closed on
Aug 19, 2011
Sold by
Wiley David L and Wiley Joanne L
Bought by
Salt & Light Investments Llc
Purchase Details
Closed on
Sep 21, 2006
Sold by
Cornwell Peggy Sue
Bought by
Wiley David L and Wiley Joanne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.53%
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 |
|---|---|---|---|
| Kreiter Jonathan | $775,000 | Wfg National Title Insurance C | |
| Bigelow Angela | $360,000 | Clear Title Agency Of Arizon | |
| Bigelow Blake | $95,000 | Magnus Title Agency | |
| Chan Cheng Yafei U S A Llc | $118,010 | Clear Title Agency Of Arizon | |
| Yu Haifang | $112,000 | Clear Title Agency Of Arizon | |
| Liang Holdings Llc | $92,000 | Clear Title Agency Of Arizon | |
| Jetstream Investments Llc | $75,000 | Clear Title Agency Of Arizon | |
| Salt & Light Investments Llc | $31,000 | Clear Title Agency Of Arizon | |
| Wiley David L | $115,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kreiter Jonathan | $375,000 | |
| Previous Owner | Bigelow Angela | $306,000 | |
| Previous Owner | Wiley David L | $103,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $775,000 | -3.1% | $393 / Sq Ft | |
| 04/13/2023 04/13/23 | Pending | -- | -- | -- | |
| 03/18/2023 03/18/23 | For Sale | $799,900 | +742.0% | $405 / Sq Ft | |
| 03/01/2015 03/01/15 | Sold | $95,000 | -20.2% | $86 / Sq Ft | View Prior Sale |
| 02/07/2015 02/07/15 | Pending | -- | -- | -- | |
| 12/03/2014 12/03/14 | For Sale | $119,000 | 0.0% | $107 / Sq Ft | |
| 11/16/2014 11/16/14 | Pending | -- | -- | -- | |
| 09/29/2014 09/29/14 | For Sale | $119,000 | 0.0% | $107 / Sq Ft | |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- | |
| 09/02/2014 09/02/14 | Price Changed | $119,000 | -7.8% | $107 / Sq Ft | |
| 07/17/2014 07/17/14 | Price Changed | $129,000 | -7.2% | $116 / Sq Ft | |
| 05/11/2014 05/11/14 | Price Changed | $139,000 | 0.0% | $125 / Sq Ft | |
| 05/11/2014 05/11/14 | For Sale | $139,000 | +46.3% | $125 / Sq Ft | |
| 04/25/2014 04/25/14 | Off Market | $95,000 | -- | -- | |
| 04/11/2014 04/11/14 | For Sale | $145,000 | +93.3% | $131 / Sq Ft | |
| 04/06/2012 04/06/12 | Sold | $75,000 | -11.8% | $68 / Sq Ft | View Prior Sale |
| 04/04/2012 04/04/12 | Price Changed | $85,000 | 0.0% | $77 / Sq Ft | |
| 03/14/2012 03/14/12 | Pending | -- | -- | -- | |
| 03/02/2012 03/02/12 | For Sale | $85,000 | -- | $77 / 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 | $1,242 | $16,522 | -- | -- |
| 2024 | $1,204 | $15,736 | -- | -- |
| 2023 | $1,204 | $44,460 | $8,890 | $35,570 |
| 2022 | $1,168 | $27,630 | $5,520 | $22,110 |
| 2021 | $1,234 | $19,700 | $3,940 | $15,760 |
| 2020 | $649 | $14,330 | $2,860 | $11,470 |
| 2019 | $596 | $10,950 | $2,190 | $8,760 |
| 2018 | $694 | $8,660 | $1,730 | $6,930 |
| 2017 | $671 | $7,960 | $1,590 | $6,370 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Gerola
-
Kevin McKiernan
K
Seller Co-Listing Agent in 2023
Kevin McKiernan
Venture REI, LLC
(480) 363-4893
30 in this area
304 Total Sales
-
L
Buyer's Agent in 2023
Lauren Schellhase
HomeSmart
-
Jason Zhang
Seller's Agent in 2015
Jason Zhang
Gold Trust Realty
(602) 526-1189
1 in this area
129 Total Sales
-
Jenny Jie Sun Mou
J
Seller Co-Listing Agent in 2015
Jenny Jie Sun Mou
Gold Trust Realty
(480) 593-3322
48 Total Sales
-
Jonas Funston
Buyer's Agent in 2015
Jonas Funston
Realty One Group
(480) 313-6181
5 in this area
226 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6533013
APN: 302-18-092C
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
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