NOT LISTED FOR SALE

122 E Elliot Rd Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $362,000 - $692,000

Studio
-- Bath
1,540 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $165,000 $107 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,795/month

About This Home

Incredibly rare opportunity for a multi-family property in Gilbert. This is a Mid-Century modern masterpiece, located in the heart of the popular, historic downtown Gilbert area. This duplex features original architecture and sophistication, and has been beautifully updated in a period-appropriate, classic style. The property is walking distance to shopping, restaurants, schools and parks. Apartments are in great demand as upscale offices, high-end restaurants, boutique stores and Saint Xavier University are being added to the downtown GIlbert area. Fantastic upside potential as the rent are currently under market rates.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Csp Trust and Patterson Collin
Bought by
Patterson Irrevocable Trust and Patterson
Current Estimated Value
$512,962

Purchase Details

Closed on
Aug 27, 2020
Sold by
Jewell Susan
Bought by
Jewell Susan and The Csp Trust

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 30, 2015
Sold by
Good Earth Capital Ii Llc
Bought by
Jewell Susan
Seller's Agent
Will Fry
Arizona Realty Shop
Buyer's Agent
May Jewell
DPR Realty LLC
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$161,950
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2013
Sold by
John 3:16 Llc
Bought by
Good Earth Capital Ii Llc

Purchase Details

Closed on
Apr 24, 2003
Sold by
Kodatt Willard J and Kodatt Willard
Bought by
The Willard J Kodatt Family Lp #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Patterson Irrevocable Trust -- None Listed On Document
Jewell Susan -- None Available
Jewell Susan $165,000 Lawyers Title Of Arizona Inc
Good Earth Capital Ii Llc $80,000 Stewart Title & Trust Of Pho
John 3:16 Llc $75,000 Stewart Title & Trust Of Pho
The Willard J Kodatt Family Lp #1 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jewell Susan $161,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2015 09/10/15 Sold $165,000 -2.9% $107 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $169,900 -- $110 / Sq Ft

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 $640 $7,047 -- --
2024 $619 $6,711 -- --
2023 $619 $34,900 $6,980 $27,920
2022 $602 $23,170 $4,630 $18,540
2021 $623 $21,510 $4,300 $17,210
2020 $614 $21,330 $4,260 $17,070
2019 $570 $11,920 $2,380 $9,540
2018 $555 $9,180 $1,830 $7,350
2017 $536 $7,330 $1,460 $5,870
2016 $550 $6,300 $1,260 $5,040
2015 $501 $5,600 $1,120 $4,480
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    Will Fry

    Arizona Realty Shop

    (480) 686-3336

    5 Total Sales

    Will Fry
    Section Image

  • M

    Buyer's Agent in 2015

    May Jewell

    DPR Realty

    Section Image
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Map

Arizona Maricopa County Gilbert 85234 Heritage District

122 E Elliot Rd, Gilbert, AZ

Not Listed for Sale

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