NOT LISTED FOR SALE

1468 W Commerce Ave Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $812,000 - $1,100,000

5 Beds
3 Baths
3,075 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $679,000 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,497/month

7 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 0.22 Acre Lot
  • Playa Del Rey Elementary School Rated A-
  • Waterfront
  • 3-minute walk to McQueen Park

About This Home

As of August 2019

WATER SKI AND JET SKI LAKE HOME! Rare opportunity to purchase a home in Gilbert AZ under $1MM that offers a unique life style of lake living. The home has been completed updated in 2016 with a full kitchen remodel, full front and rear landscaping remodels, new waterfront deck, family room entertainment center, partial bathroom updates and more! Come take a look and a test drive at this home!

Last Agent to Sell the Property

Cameron Wilson

DPR Realty LLC License #BR535046000 Listed on: 06/12/2019

DPR Realty LLC

Last Buyer's Agent

Scott Schmitt

Monaco Realty License #SA103906000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1998

Lot Details

  • 9,750 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,075 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Tinted Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Playa Del Rey Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 310-08-356

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Playa Del Ray Association, Phone Number (480) 366-4997
  • Playa Del Rey Amended Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Community Playground
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1998

Lot Details

9,750 Sq Ft Lot

HOA Fees

$199 per month

Parking

3

Listing Details

  • Cross Street: McQueen and Guadalupe
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 199.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: PLAYA DEL REY AMENDED
  • Architectural Style: Other, Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 220.81
  • Association Fees:HOA Fee2: 199.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3075.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Gated, Playground, Biking/Walking Path
  • Association Fee: 199.0
  • Association Fee Frequency: Monthly
  • Association Name: Playa Del Ray
  • Phone: 480-366-4997
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Playa Del Ray
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Playa Del Rey 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: 9750.0
  • Parcel #: 310-08-356

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Book Number: 310.00
  • Tax Lot: 24
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 29, 2019
Sold by
Wilson Nicholas P
Bought by
Perrine Rick and Perrine Jeanie
Seller's Agent
Cameron Wilson
DPR Realty LLC
Buyer's Agent
Scott Schmitt
Monaco Realty
List Price
$695,000
Sold Price
$679,000
Premium/Discount to List
-$16,000
-2.3%
Current Estimated Value
$965,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,545
Avg. Annual Appreciation
5.47%
Original Mortgage
$572,050
Outstanding Balance
$502,036
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$463,509

Purchase Details

Closed on
Nov 17, 2016
Sold by
Wilson Courtney C and Wilson Nicholas P
Bought by
Wilson Nicholas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2015
Closed on
Dec 8, 2015
Sold by
Jiang Tiebing and Wei Yiping
Bought by
Wilson Courtney C and Wilson Nicholas P
Seller's Agent
Yiping Wei
DeLex Realty
Buyer's Agent
Cameron Wilson
DPR Realty LLC
List Price
$588,900
Sold Price
$520,000
Premium/Discount to List
-$68,900
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$416,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1998
Sold by
Playa Del Rey Ltd Partnership
Bought by
Jiang Tiebing and Wei Yiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,930
Interest Rate
7.02%
Source: Public Records
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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
Perrine Rick $673,000 Pioneer Title Agency Inc
Wilson Nicholas P -- Lawyers Title Of Arizona Inc
Wilson Courtney C $520,000 Lawyers Title Of Arizona Inc
Jiang Tiebing -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrine Rick $572,050
Previous Owner Wilson Nicholas P $415,000
Previous Owner Wilson Courtney C $416,000
Previous Owner Jiang Tiebing $274,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2019 08/01/19 Sold $679,000 -2.3% $221 / Sq Ft
06/21/2019 06/21/19 Price Changed $695,000 0.0% $226 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $695,000 +33.7% $226 / Sq Ft
12/11/2015 12/11/15 Sold $520,000 -3.5% $169 / Sq Ft View Prior Sale
10/10/2015 10/10/15 Pending -- -- --
10/09/2015 10/09/15 Price Changed $538,900 -3.6% $175 / Sq Ft
09/29/2015 09/29/15 Price Changed $558,900 -1.8% $182 / Sq Ft
07/25/2015 07/25/15 Price Changed $568,900 -3.2% $185 / Sq Ft
07/02/2015 07/02/15 Price Changed $587,900 -0.2% $191 / Sq Ft
06/03/2015 06/03/15 For Sale $588,900 -- $192 / 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 $3,949 $50,101 -- --
2024 $3,804 $47,715 -- --
2023 $3,804 $71,900 $14,380 $57,520
2022 $3,683 $55,800 $11,160 $44,640
2021 $3,830 $51,630 $10,320 $41,310
2020 $3,764 $46,600 $9,320 $37,280
2019 $3,454 $43,610 $8,720 $34,890
2018 $3,343 $41,610 $8,320 $33,290
2017 $3,214 $39,760 $7,950 $31,810
2016 $3,310 $38,750 $7,750 $31,000
2015 $2,985 $38,580 $7,710 $30,870
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cameron Wilson

    DPR Realty

    (480) 305-4609

    9 Total Sales

    Cameron Wilson
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Schmitt

    Monaco Realty

    (480) 980-1099

    25 Total Sales

    Scott Schmitt
    Section Image

  • Y

    Seller's Agent in 2015

    Yiping Wei

    DeLex Realty

  • L

    Seller Co-Listing Agent in 2015

    Linda Wei

    Superlative Realty

    (480) 239-2150

    19 Total Sales

    Linda Wei
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5940005

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-08-356

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1468 W Commerce 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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