NOT LISTED FOR SALE

Estimated Value: $1,151,536

-- Bed
-- Bath
2,665 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $516,000 $194 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,864/month

110 Days on Market

Highlights

  • 1.13 Acre Lot
  • Community Kitchen
  • Central Air
  • Ashland Elementary School Rated A
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of October 2014

Large lot, Zoned C1 fabulous location next to CVS at the north west corner of Williams Field and Gilbert Rd. Traffic counts of 18,000 plus daily. Well maintained property currently used as a Beauty Mart. Building has three full bathrooms, new flooring and paint throughout, furniture and salon equipment do not convey. paved parking lot in front, rear lot is currently used as rental parking fro RV'S. Cell tower on property (no income ta this time. This property is located on a county island within the City of Gilbert see taxes. Perfect Location with great potential for your Business! Contact listing agent for showings, no sign on the property. Assessor shows 49,059 sq ft parcel.

Last Agent to Sell the Property

Jeanine Watson

PRS Property Management License #BR545675000 Listed on: 06/23/2014

Last Buyer's Agent

George Bliss

ProSmart Realty License #SA110285000

ProSmart Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1980

Lot Details

  • 1.13 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C1

Home Design

  • 2,665 Sq Ft Home
  • Brick Exterior Construction
  • Tile Roof

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Community Kitchen
  • Operating Expense $15,767

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-43-049

Property Details

Property Type

Other

Est. Annual Taxes

$8,207

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Williams Field / Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2013
  • Directions: Go East on Williams Field Rd, At the first left hand turn lane , make a left property is on the North side of Williams Field Rd.
  • Lot Size Acres: 1.13
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 2665.0

Exterior Features

  • Fencing: Block, Chain Link, Partial
  • Disclosures: Soil Test, Seller Prop Disc Stm, ALTA Survey Availbl
  • Construction Type: Brick
  • Roof: Tile

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen, Showers - Office
  • Water Source: City Franchise, Irrigation
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showers - Office: Yes

Lot Info

  • Lot Size Sq Ft: 49059.0
  • Parcel #: 304-43-049
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 7560.0
  • Annual Operating Expense: 15766.54

Tax Info

  • Tax Annual Amount: 8206.54
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Nov 21, 2014
Sold by
Wiley David L and Wiley Joanne L
Bought by
Vew Property Llc
Seller's Agent
Jeanine Watson
PRS Property Management
Buyer's Agent
George Bliss
ProSmart Realty
List Price
$550,000
Sold Price
$516,000
Premium/Discount to List
-$34,000
-6.18%
Total Days on Market
110
Current Estimated Value
$1,151,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,536
Avg. Annual Appreciation
7.87%
Original Mortgage
$352,000
Outstanding Balance
$275,237
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$876,299

Purchase Details

Closed on
Aug 28, 2002
Sold by
Wiley Joanne Sesate and Sesate Joanne L
Bought by
Wiley David L and Wiley Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Vew Property Llc $516,000 Grand Canyon Title Agency In
Wiley David L -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vew Property Llc $352,000
Previous Owner Wiley David L $400,000
Previous Owner Wiley David L $400,000
Previous Owner Wiley David L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $516,000 -6.2% $194 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $550,000 -- $206 / 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 $9,032 $93,642 -- --
2024 $9,296 $91,970 -- --
2023 $9,296 $130,951 $83,385 $47,566
2022 $9,322 $101,728 $85,838 $15,890
2021 $9,714 $108,450 $88,290 $20,160
2020 $9,548 $103,230 $88,290 $14,940
2019 $9,069 $100,278 $88,290 $11,988
2018 $8,812 $94,770 $88,308 $6,462
2017 $8,387 $76,963 $55,970 $20,993
2016 $8,477 $79,057 $58,914 $20,143
2015 $7,827 $68,857 $51,867 $16,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5134583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-049