NOT LISTED FOR SALE

118 E Vaughn Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $311,000 - $775,848

2 Beds
1 Bath
956 Sq Ft
$581/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $145,000 $152 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $2,954/month

89 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Wrought Iron Fence
  • Burk Elementary School Rated A-
  • Property is near a bus stop
  • 5-minute walk to Water Tower Plaza

About This Home

As of January 2017

Great Investment opportunity in the heart of the BOOMING DOWNTOWN GILBERT HERITAGE DISTRICT. Opportunities on what you can do with this property are endless. Sale price includes Soil Test, City-approved architectural plans and building permit for a 2-story 1,902' Cottage Style home. Priced to move! Don't let opportunity pass you by!

Last Agent to Sell the Property

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 10/01/2016

Venture REI, LLC

Co-Listed By

Kevin McKiernan

Venture REI, LLC License #SA632762000

Last Buyer's Agent

Ryan Van Damme

West USA Realty License #SA648526000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $231

Year Built

  • Built in 1936

Lot Details

  • 6,970 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Additional Features

  • Property is near a bus stop
  • No Heating

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Gilbert Heritage District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304-11-166-J

Home Details

Home Type

Single Family

Est. Annual Taxes

$231

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: Gilbert/Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1936
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: shap003
  • Co List Office Phone: 480-428-2999
  • Subdivision Name: Gilbert Heritage District
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: J
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 151.67
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen
  • Living Area: 956.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: None
  • Water Source: City Water
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 6970.0
  • Parcel #: 304-11-166-J
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 231.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Jan 17, 2017
Sold by
Williams Steve and Williams Jacque
Bought by
Vandamme Ryan
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Ryan Van Damme
West USA Realty
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$555,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,462
Avg. Annual Appreciation
16.25%

Purchase Details

Closed on
Jan 19, 2016
Sold by
Scoggins Faye B and Scoggins David B
Bought by
Williams Steve and Williams Jacque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Scoggins Faye B and Nigh Lucille
Bought by
Scoggins Faye B

Purchase Details

Closed on
Jul 23, 1999
Sold by
Nigh Lucille and Caples Wanda L
Bought by
Nigh Lucille and Scoggins Faye B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vandamme Ryan $145,000 First Arizona Title Agency
Williams Steve $103,620 Old Republic Title Agency
Scoggins Faye B -- --
Nigh Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Steve $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $145,000 -6.4% $152 / Sq Ft
10/01/2016 10/01/16 For Sale $154,900 -- $162 / 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 $529 $5,824 $5,824 --
2024 $512 $5,547 $5,547 --
2023 $512 $30,690 $30,690 $0
2022 $498 $6,300 $6,300 $0
2021 $515 $5,955 $5,955 $0
2020 $285 $7,370 $1,470 $5,900
2019 $262 $5,550 $1,110 $4,440
2018 $254 $3,350 $670 $2,680
2017 $245 $3,910 $780 $3,130
2016 $254 $3,670 $730 $2,940
2015 $231 $3,460 $690 $2,770
Source: Public Records

Agents Affiliated with this Home

  • Frank Gerola

    Seller's Agent in 2017

    Frank Gerola

    Venture REI, LLC

    (480) 231-3401

    33 in this area

    328 Total Sales

    Frank Gerola
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kevin McKiernan

    Venture REI, LLC

    (480) 363-4893

    30 in this area

    303 Total Sales

    Kevin McKiernan
    Section Image

  • R

    Buyer's Agent in 2017

    Ryan Van Damme

    West USA Realty

    (602) 228-4361

    2 Total Sales

    Ryan Van Damme
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5505304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-166J

Arizona Maricopa County Gilbert 85234 Heritage District

118 E Vaughn Ave, 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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