NOT LISTED FOR SALE

Estimated Value: $325,000 - $371,992

3 Beds
1 Bath
942 Sq Ft
$367/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2024

Last sale price $305,000 $324 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,858 / mo

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Eat-In Kitchen
  • Gilbert Elementary School Rated A-
  • No HOA
  • 2-minute walk to Veterans Park

About This Home

As of January 2024

This charming home is located in the heart of downtown Gilbert's historic district, making it a must-see property! It features three bedrooms and one bathroom, making it suitable for a single-family residence. One of the unique features of this property is that it doesn't have a Homeowners Association (HOA), providing you with more flexibility and freedom. The home boasts an open concept layout, allowing for a seamless flow of natural light throughout the space. This property offers a versatile investment opportunity. You can choose to keep it as a fully functioning short-term rental, providing potential income, or make it your permanent residence. One of the standout features of this location is the vibrant atmosphere of downtown Gilbert. With 30 restaurants within walking distance... You'll have an array of dining options right at your doorstep. Additionally, you'll have easy access to all the exciting offerings that downtown Gilbert has to offer, including farmers markets, live music events at Water Tower Plaza, and outdoor festivals in the Park. Note that the seller is offering the property on an 'AS-IS' basis, meaning they will not make any repairs. Additionally, the seller will not turn on utilities, and the home will not be cleaned prior to the sale.

Last Agent to Sell the Property

Ann Adams

Ann Adams And Associates Realty, LLC License #BR544176000 Listed on: 11/08/2023

Last Buyer's Agent

Mark Alken

Springboard Home Advisors, LLC License #BR014071000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $385

Year Built

  • Built in 1945

Lot Details

  • 6,500 Sq Ft Lot
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Partial Basement
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom

Eco-Friendly Details

  • North or South Exposure

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Lacy Tract Blk 9 Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 8
  • Assessor Parcel Number 302-18-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$385

Year Built

Built in 1945

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Cross Street: Elliott and Gilbert
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1945
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LACY TRACT BLK 9
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 323.77
  • Special Features: None

Interior Features

  • Basement: Partial
  • Flooring: Laminate, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Gas Oven, Gas Range
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Eat-in Kitchen
  • Living Area: 942.0
  • Stories: 1

Exterior Features

  • Fencing: Chain Link
  • Lot Features: North/South Exposure, Grass Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6500.0
  • Parcel #: 302-18-132

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 385.0
  • Tax Block: 8
  • Tax Book Number: 302.0
  • Tax Lot: 10
  • Tax Map Number: 18.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 10, 2024
Sold by
Mceachern Family Trust
Bought by
Allen Mark G
Seller's Agent
Ann Adams
Ann Adams And Associates Realty, LLC
Buyer's Agent
Mark Alken
Springboard Home Advisors, LLC
List Price
$285,000
Sold Price
$305,000
Premium/Discount to List
$20,000
7.02%
Views
415
Current Estimated Value
$345,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,248
Avg. Annual Appreciation
5.49%
Original Mortgage
$305,000
Outstanding Balance
$298,840
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$46,408

Purchase Details

Closed on
Jul 12, 2013
Sold by
Mceachern Rebecca Lucille and Mceachern Ardis D
Bought by
Mceachern Ardis D and Mceachern Rebecca L
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Allen Mark G $305,000 Security Title Agency
Mceachern Ardis D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Mark G $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $305,000 -14.1% $324 / Sq Ft
01/04/2024 01/04/24 Price Changed $355,000 -2.7% $377 / Sq Ft
11/15/2023 11/15/23 Price Changed $365,000 +28.1% $387 / Sq Ft
11/15/2023 11/15/23 For Sale $285,000 0.0% $303 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $285,000 -- $303 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $329 $4,378 -- --
2024 $385 $4,170 -- --
2023 $385 $24,010 $4,800 $19,210
2022 $374 $12,150 $2,430 $9,720
2021 $387 $8,350 $1,670 $6,680
2020 $381 $7,410 $1,480 $5,930
2019 $354 $5,610 $1,120 $4,490
2018 $345 $3,400 $680 $2,720
2017 $333 $3,930 $780 $3,150
2016 $342 $3,670 $730 $2,940
2015 $312 $3,420 $680 $2,740
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6627650

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-18-132

Your Personal Tour Guide

Ask me questions while you tour the home.