NOT LISTED FOR SALE

14540 E Willis Rd Gilbert, AZ 85297

San Tan Village Neighborhood

Estimated Value: $1,023,000 - $1,977,000

4.7 Acres
$286,336 Price per Acre
204,732 Sq Ft Lot

Last Sold February 19, 2018

Last sale price $750,000

Est. 79% increase in value since last sale

Current estimated payment $7,395/month

361 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.7 Acre Lot
  • Level Lot
  • Quartz Hill Elementary School Rated A-
  • No HOA

About This Lot

As of February 2018

4.7 +/- Acres - sold as land only (no value for old home on property) ** 329 Frontage Feet on Willis Road. County Island, however, Town of Gilbert General Plan indicates GC Zoning (general commercial). Also, Gilbert has a proposed overlay district for a Business Park with high density/high rise buildings, and there is an ADOT proposal for a new on/off ramp for the 202 freeway ** Terrific investment property for future development.

Last Agent to Sell the Property

Rick Padelford

Realty Executives Arizona Territory License #SA030962000 Listed on: 01/20/2017

Realty Executives Arizona Territory

Last Buyer's Agent

Jason Cox

Perk Prop Real Estate License #SA579231000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,637

Lot Details

  • 4.7 Acre Lot
  • Level Lot
  • Property is zoned R43

Schools

  • Quartz Hill Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Additional Features

  • Residence on Property
  • Horses Allowed On Property
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot '_'
  • Assessor Parcel Number 304-54-025-B

Property Details

Property Type

Land

Est. Annual Taxes

$3,637

Lot Details

0

Listing Details

  • Cross Street: Lindsay and Loop 202 Freeway
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Off Site Imp Needed, On Site Imp Needed
  • Topography: Level
  • Zoning: R43
  • Tax Year: 2016
  • Horses: Yes
  • Lot Size Acres: 4.7
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: B
  • Water Source Shared Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: Abandoned, Residence

Utilities

  • Electric: SRP
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Quartz Hill Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Lot Size: 329 x 614
  • Lot Size Sq Ft: 204553.0
  • Additional Parcels: No
  • Parcel #: 304-54-025-B

Tax Info

  • Tax Annual Amount: 3637.0
  • Tax Book Number: 304.00
  • Tax Lot: '_'
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Pcf Arabians Llc and Choice Holdings Llc
Bought by
Bar Flying V Horse Farm Llc
Current Estimated Value
$1,345,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,939,528
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
-$10,593,748

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 9, 2018
Sold by
Gray Ann Dwyer
Bought by
Pcf Arabians Llc
Seller's Agent
Rick Padelford
Realty Executives Arizona Territory
Buyer's Agent
Jason Cox
Perk Prop Real Estate
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$500,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2016
Sold by
Gray Ann Dwyer
Bought by
Gray Ann Dwyer

Purchase Details

Closed on
Apr 18, 2003
Sold by
Dwyer Gray Ann C
Bought by
Freeman Curtis W and Freeman Cindy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bar Flying V Horse Farm Llc $15,000,000 Landmark Title
Pcf Arabians Llc $750,000 Chicago Title Agency Inc
Gray Ann Dwyer -- None Available
Freeman Curtis W $270,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bar Flying V Horse Farm Llc $12,000,000
Previous Owner Pcf Arabians Llc $500,000
Previous Owner Freeman Curtis W $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2018 02/19/18 Sold $750,000 -11.8% --
01/16/2018 01/16/18 Pending -- -- --
01/20/2017 01/20/17 For Sale $850,000 -- --
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 $3,879 $36,179 -- --
2024 $4,320 $34,456 -- --
2023 $4,320 $63,120 $12,620 $50,500
2022 $4,233 $45,710 $9,140 $36,570
2021 $4,122 $41,780 $8,350 $33,430
2020 $4,033 $39,950 $7,990 $31,960
2019 $3,868 $37,850 $7,570 $30,280
2018 $3,712 $37,560 $7,510 $30,050
2017 $3,623 $31,600 $6,320 $25,280
2016 $2,967 $30,020 $6,000 $24,020
2015 $2,872 $27,610 $5,520 $22,090
Source: Public Records

Agents Affiliated with this Home

  • Rick Padelford

    Seller's Agent in 2018

    Rick Padelford

    Realty Executives

    (602) 690-9120

    22 Total Sales

    Rick Padelford
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Cox

    Perk Prop Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5549864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-54-025B

Arizona Maricopa County Gilbert 85297 San Tan Village

14540 E Willis Rd, Gilbert, AZ

Not Listed for Sale

Lots

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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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