NOT LISTED FOR SALE

Estimated Value: $809,000 - $876,010

3 Beds
2 Baths
1,800 Sq Ft
$475/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $900,000 $500 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,673/month

164 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 1.02 Acre Lot
  • Mesquite Elementary School Rated A-
  • RV Gated
  • Vaulted Ceiling

About This Home

As of June 2023

Available to show March 20th and 21st. Beautiful horse property in the heart of Gilbert. Over an acre, city irrigation, less than 2 miles from downtown and TopGolf/Santan, no HOA. Just renovated with brand new appliances, refinished pool and deck. Lots of mature trees, RV gate and plenty of roon for expansion. Plans have passed through the city and are available to increase square footage to 3,500. See under ''Documents'' tab.

Last Agent to Sell the Property

Delania Munro

Compass License #SA554899000 Listed on: 12/01/2022

Compass

Co-Listed By

Michael Domer

Compass License #BR011375000

Last Buyer's Agent

Tina Nerland

ProSmart Realty License #BR646482000

ProSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1978

Lot Details

  • 1.02 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Floors Updated in 2022
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • 2 Bathrooms

Pool

  • Pool Updated in 2022
  • Private Pool
  • Diving Board

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available
  • Plumbing System Updated in 2022
  • Wiring Updated in 2022
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • El Dorado Ranchos 2 Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 304-22-162

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Warner/Val Vista
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: EL DORADO RANCHOS 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 500.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Zero-Grade Entry
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1800.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Both Refrig & Evap, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 44332.0
  • Parcel #: 304-22-162

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2220.0
  • Tax Book Number: 304.00
  • Tax Lot: 39
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 10, 2021
Sold by
Tossavainen Eric W and Eric W Tossavainen Family Trus
Bought by
R D Investment Llc
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Delania Munro
Compass
List Price
$740,000
Sold Price
$700,000
Premium/Discount to List
-$40,000
-5.41%
Current Estimated Value
$854,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,253
Avg. Annual Appreciation
5.08%
Original Mortgage
$560,000
Outstanding Balance
$514,204
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$340,049

Purchase Details

Closed on
Jun 12, 2018
Sold by
Tossavainen Eric
Bought by
Tossavainen Eric W and Eric W Tossavainen Family Trus

Purchase Details

Closed on
Apr 10, 1996
Sold by
Baker Kenneth R
Bought by
Tossavainen Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.41%
Mortgage Type
New Conventional
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
R D Investment Llc $700,000 First American Title Ins Co
Tossavainen Eric W -- None Available
Tossavainen Eric $158,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R D Investment Llc $560,000
Previous Owner Tossavainen Eric $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $900,000 -2.7% $500 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $925,000 0.0% $514 / Sq Ft
02/19/2023 02/19/23 Price Changed $925,000 +2.8% $514 / Sq Ft
02/03/2023 02/03/23 Off Market $900,000 -- --
01/30/2023 01/30/23 For Sale $899,000 -0.1% $499 / Sq Ft
01/02/2023 01/02/23 Off Market $900,000 -- --
12/01/2022 12/01/22 For Sale $899,000 +28.4% $499 / Sq Ft
12/10/2021 12/10/21 Sold $700,000 -5.4% $397 / Sq Ft View Prior Sale
11/09/2021 11/09/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $740,000 -- $420 / 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 $2,361 $31,402 -- --
2024 $2,289 $29,906 -- --
2023 $2,289 $53,600 $10,720 $42,880
2022 $2,220 $40,210 $8,040 $32,170
2021 $2,345 $38,820 $7,760 $31,060
2020 $2,309 $35,210 $7,040 $28,170
2019 $2,122 $31,900 $6,380 $25,520
2018 $2,057 $29,020 $5,800 $23,220
2017 $1,984 $27,000 $5,400 $21,600
2016 $2,053 $25,660 $5,130 $20,530
2015 $1,871 $23,160 $4,630 $18,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6494360

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-22-162