NOT LISTED FOR SALE

125 W Smoke Tree Rd Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $435,308 - $477,000

3 Beds
2 Baths
1,479 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $198,000 $134 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,682/month

About This Home

As of January 2016

APPLICATION HAS BEEN APPROVED. This is a beautiful 3 bed, 2 bath home located in the lovely lake community of desirable Lago Estancia! This stunning property features a great room floor plan, separate formal dining room with lovely custom chandelier. The gourmet kitchen features matching newer appliances, & beautiful oak cabinets with more than enough space in your eat in kitchen. Enjoy the easy care of all tile throughout the entire house, vaulted ceilings and ceiling fans in all the rooms. The roomy master bedroom has an exit bathtub, separate shower and dual sinks.Backyard with covered patio a perfect place to relax and enjoy the Arizona sky. All this near shopping and amenities! Cleaning and TLC being done this week.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2016
Closed on
Dec 16, 2015
Sold by
Mehraban Katayoon
Bought by
Srinivasan Vara and Srinivasan Nirmal
Seller's Agent
Jeannette Lopez
World Class Properties
Buyer's Agent
Jeannette Lopez
World Class Properties
Sold Price
$1,250
Current Estimated Value
$455,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,327
Avg. Annual Appreciation
9.25%
Original Mortgage
$138,600
Outstanding Balance
$62,135
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$392,819

Purchase Details

Closed on
Mar 7, 2007
Sold by
Merban Merdad and Najafi Hangameh
Bought by
Mehraban Katayoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Chinen Diane E
Bought by
Mehraban Katayoon and Meraban Merdad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,956
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1999
Sold by
Bowers Mark V and Bowers Julie M
Bought by
Chinen Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1995
Sold by
Lennar Homes Of Arizona Inc
Bought by
Bowers Mark and Bowers Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,609
Interest Rate
8.32%
Mortgage Type
FHA

Range of Values:

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
Srinivasan Vara $198,000 Driggs Title Agency Inc
Mehraban Katayoon -- Security Title Agency Inc
Mehraban Katayoon $151,500 Transnation Title Ins Co
Chinen Diane E $120,000 Lawyers Title Of Arizona Inc
Bowers Mark $94,110 First Southwestern Title
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Vara $138,600
Previous Owner Mehraban Katayoon $161,370
Previous Owner Mehraban Katayoon $167,000
Previous Owner Mehraban Katayoon $148,956
Previous Owner Chinen Diane E $114,000
Previous Owner Bowers Mark $93,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2016 01/30/16 Rented $1,250 0.0% --
01/14/2016 01/14/16 Under Contract -- -- --
01/10/2016 01/10/16 For Rent $1,250 0.0% --
01/04/2016 01/04/16 Sold $198,000 -0.5% $134 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
10/22/2015 10/22/15 Price Changed $199,000 -4.3% $135 / Sq Ft
10/13/2015 10/13/15 Price Changed $208,000 -3.3% $141 / Sq Ft
09/30/2015 09/30/15 Price Changed $215,000 -4.4% $145 / Sq Ft
09/15/2015 09/15/15 For Sale $224,900 -- $152 / Sq Ft

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 $1,581 $18,005 -- --
2024 $1,590 $17,148 -- --
2023 $1,590 $31,460 $6,290 $25,170
2022 $1,545 $24,230 $4,840 $19,390
2021 $1,597 $22,470 $4,490 $17,980
2020 $1,573 $20,720 $4,140 $16,580
2019 $1,463 $18,920 $3,780 $15,140
2018 $1,423 $17,120 $3,420 $13,700
2017 $1,377 $15,720 $3,140 $12,580
2016 $1,406 $15,450 $3,090 $12,360
2015 $1,079 $14,130 $2,820 $11,310
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeannette Lopez

    World Class Properties

  • Nora Ellen

    Seller's Agent in 2016

    Nora Ellen

    Nora Ellen Real Estate

    (480) 496-7114

    2 in this area

    28 Total Sales

    Nora Ellen
    Section Image
  • Teddy Shonka

    Buyer's Agent in 2016

    Teddy Shonka

    HomeSmart

    (480) 390-9759

    1 in this area

    71 Total Sales

    Teddy Shonka
    Section Image
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Map

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

125 W Smoke Tree Rd, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 125 W Smoke Tree Rd, Gilbert, AZ 85233 and is currently estimated at $455,577, approximately $308 per square foot. 125 W Smoke Tree Rd is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite High 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.

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