NOT LISTED FOR SALE

132 E Olive Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $317,000 - $429,000

3 Beds
2 Baths
1,154 Sq Ft
$328/Sq Ft Est. Value

Highlights

  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan
  • Burk Elementary School Rated A-
  • Central Air
  • High Speed Internet

About This Home

As of February 2024

Classic 3 bedroom home in the heart of Old Gilbert. Tile floors, oak cabinets, and many more upgrades. Large back yard and a very cool bonus room in the garage.

NO HOA. Just blocks from downtown Gilbert and minutes from the US 60.

Last Agent to Rent the Property

Jaime Shelton

Arrow Property Management License #SA563373000 Listed on: 12/03/2023

Last Renter's Agent

Jaime Shelton

Arrow Property Management License #SA563373000 Listed on: 12/03/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 7,558 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Gilbert Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Village Six Subdivision

Listing and Financial Details

  • Property Available on 12/3/23
  • $250 Move-In Fee
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 288
  • Assessor Parcel Number 304-12-352

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Available Date: 2023-12-03

Listing Details

  • Cross Street: Gilbert and Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Village Six
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1154.0
  • Stories: 1

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Lot Size Sq Ft: 7558.0
  • Parcel #: 304-12-352

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 288
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2011
Sold by
Fannie Mae
Bought by
Lamia Scott
Current Estimated Value
$378,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Outstanding Balance
$46,347
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$332,057

Purchase Details

Closed on
May 16, 2011
Sold by
Malone Kenia H and Malone Steve D
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
$67,400
Outstanding Balance
$46,347
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$332,057

Purchase Details

Closed on
Dec 21, 2006
Sold by
Thyrion Sondra A
Bought by
Malone Steve D and Malone Kenia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2003
Sold by
Obrien Sean
Bought by
Thyrion Sondra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2001
Sold by
Caballero M Craig
Bought by
Obrien Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2001
Sold by
Caballero Codee
Bought by
Caballero M Craig

Purchase Details

Closed on
Mar 27, 2000
Sold by
Masterson Justin R and Masterson Eugene R
Bought by
Masterson Justin and Masterson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,650
Interest Rate
9.99%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Coast Physicians Services Inc
Bought by
Masterson Justin R and Masterson Eugene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,350
Interest Rate
8.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lamia Scott $74,900 Old Republic Title Agency
Federal National Mortgage Association $154,728 None Available
Malone Steve D $190,000 Title Guaranty Agency Of Ari
Thyrion Sondra A $125,000 Capital Title Agency Inc
Obrien Sean $112,000 Stewart Title & Trust
Caballero M Craig -- --
Caballero M Craig $103,500 --
Masterson Justin -- Grand Canyon Title Agency In
Masterson Justin R $62,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamia Scott $67,400
Previous Owner Malone Steve D $190,000
Previous Owner Thyrion Sondra A $99,200
Previous Owner Obrien Sean $89,600
Previous Owner Masterson Justin $75,650
Previous Owner Masterson Justin R $61,350
Closed Thyrion Sondra A $24,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Rented $1,900 0.0% --
02/14/2024 02/14/24 Under Contract -- -- --
01/08/2024 01/08/24 Price Changed $1,900 -5.0% $2 / Sq Ft
12/03/2023 12/03/23 For Rent $2,000 +101.0% --
02/21/2013 02/21/13 Rented $995 0.0% --
02/21/2013 02/21/13 Under Contract -- -- --
10/29/2012 10/29/12 For Rent $995 -- --
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 $1,122 $12,361 -- --
2024 $1,087 $11,772 -- --
2023 $1,087 $27,920 $5,580 $22,340
2022 $1,057 $21,120 $4,220 $16,900
2021 $1,093 $20,380 $4,070 $16,310
2020 $1,077 $17,870 $3,570 $14,300
2019 $1,000 $15,630 $3,120 $12,510
2018 $973 $13,560 $2,710 $10,850
2017 $941 $11,920 $2,380 $9,540
2016 $965 $11,370 $2,270 $9,100
2015 $880 $10,130 $2,020 $8,110
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jaime Shelton

    Arrow Property Management

    (480) 205-4521

    5 Total Sales

    Jaime Shelton
    Section Image

  • D

    Seller's Agent in 2013

    Damon Williams

    Arrow Property Management

    (480) 577-5187

    21 Total Sales

    Damon Williams
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6636695

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-352

Arizona Maricopa County Gilbert 85234 Heritage District

132 E Olive Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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