NOT LISTED FOR SALE

1249 N Lindsay Rd Gilbert, AZ 85234

Northwest Gilbert Neighborhood

Estimated Value: $3,238,876

-- Bed
-- Bath
9,554 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $1,650,000 $173 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $17,189/month

384 Days on Market

Highlights

  • Gated Community
  • 4.42 Acre Lot
  • Central Air
  • Neely Traditional Academy Rated A
  • Heating system powered by solar not connected to the grid
  • Concrete Flooring

About This Home

As of September 2016

Priced below Appraisal! This first class Church and/or Private School property is in the heart of Gilbert. Large Sanctuary seats over 200+ and can be used as a cafeteria/bonus area for School use. 8 large classrooms, all with upgraded bathrooms. Newer paved parking, newer AC's, fire/alarm systems and SOLAR panels added in 2014. The property is on almost 4.5 acres of land with plans for expansion. (Gymnasium/multi purpose building, etc) Owner may carry with large down.

Last Agent to Sell the Property

Mike Caruso

HomeSmart License #SA540586000 Listed on: 07/09/2015

HomeSmart

Last Buyer's Agent

Earle Shroyer

Realty Executives License #SA017007000

Realty Executives

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,096

Year Built

  • Built in 1975

Lot Details

  • 4.42 Acre Lot
  • Wire Fence
  • Property is zoned R-35

Home Design

  • Tile Roof
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 9,554 Sq Ft Home
  • Concrete Flooring

Parking

  • 88 Parking Spaces
  • 88 Covered Spaces

Eco-Friendly Details

  • Heating system powered by solar not connected to the grid

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-11-989

Community Details

Overview

  • Building Dimensions are Irregular
  • Bios Christian Academy Subdivision

Additional Features

  • Operating Expense $14,096
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$14,096

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Baseline & Lindsay
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: R-35
  • Current Use: Religious Facility
  • Number Of Buildings: 1
  • Year Built: 1975
  • Tax Year: 2014
  • Directions: S on Lindsay. E on Houston.
  • Lot Size Acres: 4.42
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: Bios Christian Academy
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Wire, See Remarks
  • Construction Type: Other, See Remarks
  • Roof: Composition, Tile, Built-Up
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 88.0
  • Total Parking Spaces: 88.0
  • General Property Description:Covered Parking Spcs: 88.0
  • General Property Description:Total Parking Spcs: 88.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, 2 or More Units, Solar, Electric
  • Green Building Features: Security Gate
  • Water Source: City Franchise, Irrigation
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Solar: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 192560.0
  • Additional Parcels: No
  • Parcel #: 304-11-989
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 14096.0

Tax Info

  • Tax Annual Amount: 14096.0
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 30, 2016
Sold by
Abbott David J
Bought by
Arizona Conference Corporation Of Sevent
Seller's Agent
Mike Caruso
HomeSmart
Buyer's Agent
Earle Shroyer
Realty Executives
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Total Days on Market
384
Current Estimated Value
$3,238,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,588,876
Avg. Annual Appreciation
7.94%
Original Mortgage
$850,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2014
Sold by
Bios Christian Academy
Bought by
Abbott David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 18, 2012
Closed on
Apr 11, 2012
Sold by
Cornerstone Church Of Arizona
Bought by
Bios Christianacademy
Seller's Agent
Earle Shroyer
Realty Executives
Buyer's Agent
Earle Shroyer
Realty Executives
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$525,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2001
Sold by
Community Baptist Church
Bought by
Corner Stone Ministries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Arizona Conference Corporation Of Sevent $1,650,000 Commercial
Abbott David J -- Accommodation
Bios Christianacademy $850,000 Stewart Title & Trust Of Pho
Corner Stone Ministries Inc $795,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arizona Conf Corp Of Seventh Day Adventi $620,000
Closed Arizona Conference Corporation Of Sevent $850,000
Previous Owner Academy Bios Christian $550,000
Previous Owner Bios Christian Academy $690,000
Previous Owner Christian Academy Incorporated $600,000
Previous Owner Bios Christianacademy $525,000
Previous Owner Corner Stone Ministries Inc $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $1,650,000 -10.8% $173 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/07/2015 07/07/15 For Sale $1,850,000 +117.6% $194 / Sq Ft
04/11/2012 04/11/12 Sold $850,000 -5.0% $118 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $895,000 -- $124 / 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 -- $191,277 -- --
2024 -- $182,169 -- --
2023 $0 $346,500 $152,730 $193,770
2022 $0 $272,700 $100,215 $172,485
2021 $0 $264,660 $92,595 $172,065
2020 $0 $277,140 $104,355 $172,785
2019 $0 $266,730 $98,640 $168,090
2018 $0 $287,355 $122,430 $164,925
2017 $0 $226,275 $113,370 $112,905
2016 $14,928 $209,295 $101,220 $108,075
2015 $14,520 $167,008 $70,240 $96,768
Source: Public Records

Agents Affiliated with this Home

  • Mike Caruso

    Seller's Agent in 2016

    Mike Caruso

    HomeSmart

    (480) 201-3700

    49 Total Sales

    Mike Caruso
    Section Image
  • Earle Shroyer

    Buyer's Agent in 2016

    Earle Shroyer

    Realty Executives

    (623) 561-8800

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5304960

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-989

Arizona Maricopa County Gilbert 85234 Northwest Gilbert

1249 N Lindsay Rd, Gilbert, AZ

This home is located at 1249 N Lindsay Rd, Gilbert, AZ 85234 since 09 July 2015 and is currently estimated at $3,238,876, approximately $339 per square foot. This property was built in 1975. 1249 N Lindsay Rd is a home located in Maricopa County with nearby schools including Neely Traditional Academy, Mesquite Junior High School, and Montessori Education Centre Charter School.

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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