NOT LISTED FOR SALE

1266 E Marcella Ln Gilbert, AZ 85295

San Tan Village Neighborhood

Estimated Value: $425,647 - $467,000

2 Beds
2.5 Baths
1,615 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $187,500 $116 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,494/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Balcony
  • Spectrum Elementary School Rated A
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2013

This decorator's dream house is situation across from the neighborhood park backing a green belt located close to San Tan Village, schools and freeway. Options galore - wood and tile floors - wood blinds - two toned accent paint throughout - 2 way fireplace in living/dining areas - upgraded cabinets, tiled back splash and stainless steel appliances (built-in micro and gas cook top) - deck off living room - master bathroom has dual sinks, separate shower/tub and walk in closet - family room downstairs in addition to another bedroom, bath, laundry room and storage closet - covered patio, grassy yard and added paved patio area - Come see all this home has to offer!

Last Agent to Sell the Property

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 03/17/2013

Co-Listed By

Danny Kallay

Compass License #SA512397000

Last Buyer's Agent

Susan Rocha

Homesmart Professionals License #BR520139000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 2006

Lot Details

  • 4,365 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,615 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Highland Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 304-46-046

Community Details

Overview

  • Property has a Home Owners Association
  • Spectrum At Val Vist Association, Phone Number (480) 726-8080
  • Built by Southwest Homes
  • Spectrum At Val Vista Parcel 2 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Val Vista and Pecos
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 78.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2006
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: lfox02
  • Co List Office Phone: 480-516-0555
  • Subdivision Name: Spectrum at Val Vista Parcel 2
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 116.09
  • Association Fees:HOA Fee2: 235.5
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile, Wood
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1615.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Spectrum at Val Vist
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 596.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Spectrum at Val Vist
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Spectrum Elementary
  • High School: Highland Elementary School
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4365.0
  • Parcel #: 304-46-046
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Southwest Homes

Tax Info

  • Tax Annual Amount: 1195.0
  • Tax Book Number: 304.00
  • Tax Lot: 25
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2013
Closed on
Apr 1, 2013
Sold by
Mcelvine Marquis R and Mcelvine Taffany J
Bought by
Horn Taylor R
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Susan Rocha
Homesmart Professionals
List Price
$198,000
Sold Price
$187,500
Premium/Discount to List
-$10,500
-5.3%
Current Estimated Value
$452,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,912
Avg. Annual Appreciation
7.23%
Original Mortgage
$178,125
Outstanding Balance
$125,960
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$326,452

Purchase Details

Closed on
Jun 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Mcelvine Marquis R and Mcelvine Taffany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2010
Sold by
Ibrahim Khaled and Astorga Cynthia
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2006
Sold by
Villa Lante Sales Llc
Bought by
Ibrahim Khaled and Astorga Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Horn Taylor R $187,500 Fidelity National Title Agen
Mcelvine Marquis R $145,000 Security Title Agency
Federal National Mortgage Association $262,412 Accommodation
Ibrahim Khaled $303,017 Chicago Title Insurance Co
Villa Lante Sales Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Taylor R $178,125
Previous Owner Mcelvine Marquis R $142,373
Previous Owner Ibrahim Khaled $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $187,500 -5.3% $116 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $198,000 -- $123 / 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 $1,469 $19,209 -- --
2024 $1,425 $18,294 -- --
2023 $1,425 $31,730 $6,340 $25,390
2022 $1,382 $23,860 $4,770 $19,090
2021 $1,455 $22,850 $4,570 $18,280
2020 $1,432 $20,310 $4,060 $16,250
2019 $1,318 $18,920 $3,780 $15,140
2018 $1,277 $17,780 $3,550 $14,230
2017 $1,233 $17,120 $3,420 $13,700
2016 $1,264 $16,750 $3,350 $13,400
2015 $1,161 $16,270 $3,250 $13,020
Source: Public Records

Agents Affiliated with this Home

  • Tim Cusick

    Seller's Agent in 2013

    Tim Cusick

    Homelogic Real Estate

    (602) 790-7966

    1 in this area

    335 Total Sales

    Tim Cusick
    Section Image
  • Danny Kallay

    Seller Co-Listing Agent in 2013

    Danny Kallay

    Compass

    (480) 694-8571

    2,147 Total Sales

    Danny Kallay
    Section Image

  • S

    Buyer's Agent in 2013

    Susan Rocha

    Homesmart Professionals

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4905850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-046

Arizona Maricopa County Gilbert 85295 San Tan Village

1266 E Marcella Ln, Gilbert, AZ

Not Listed for Sale

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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