W
Seller's Agent in 2015
Will Fry
Arizona Realty Shop
(480) 686-3336
5 Total Sales
122 E Elliot Rd Gilbert, AZ 85234
Heritage District NeighborhoodEstimated Value: $350,000 - $753,000
Studio
--
Bath
1,540
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Evaporated cooling system
- Concrete Flooring
- Heating System Uses Natural Gas
- Burk Elementary School Rated A-
About This Home
As of September 2015Incredibly 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.
Last Agent to Sell the Property
Arizona Realty Shop License #BR522422000 Listed on: 06/12/2015
Last Buyer's Agent
May Jewell
Delex Realty License #SA645768000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $504
Year Built
- Built in 1960
Lot Details
- 10,019
Home Design
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
Schools
- Gilbert Elementary School
- Mesquite Elementary School - Gilbert Middle School
- Gilbert High School
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV, landscaping
- The owner pays for trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 304-11-189
Community Details
Overview
- 2 Units
- Building Dimensions are .23
- Hazelwood Terrace Subdivision
Building Details
- Operating Expense $1,154
- Gross Income $16,800
- Net Operating Income $15,611
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 8, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Aug 27, 2020
Sold by
Bought by
Purchase Details
Listed on
Jun 12, 2015
Closed on
Jul 30, 2015
Sold by
Bought by
Seller's Agent
Will Fry
Arizona Realty Shop
Buyer's Agent
May Jewell
Delex Realty
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
11.15%
Original Mortgage
$161,950
Interest Rate
0.0375%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 13, 2013
Sold by
Bought by
Purchase Details
Closed on
Apr 24, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Available | ||
| $165,000 | Lawyers Title Of Arizona Inc | ||
| $75,000 | Stewart Title & Trust Of Pho | ||
| $80,000 | Stewart Title & Trust Of Pho | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $161,950 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2015 09/10/15 | Sold | $165,000 | -2.9% | $107 / Sq Ft |
| 08/13/2015 08/13/15 | Pending | -- | -- | -- |
| 06/12/2015 06/12/15 | For Sale | $169,900 | -- | $110 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Will Fry
-
M
Buyer's Agent in 2015
May Jewell
DPR Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5293110
APN: 304-11-189
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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