NOT LISTED FOR SALE

Estimated Value: $637,000 - $698,000

3 Beds
2 Baths
1,868 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $625,000 $335 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,689/month

6 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Vaulted Ceiling
  • Gilbert Elementary School Rated A-
  • 0.35 Acre Lot
  • 1-minute walk to Farmhouse Meadows Park

About This Home

As of May 2023

Welcome to 148 E Horseshoe Ave, located in the highly desirable location in Gilbert. This stunning property offers a spacious 3-bedroom layout, along with a den that can be used as a home office, study or playroom. The property features two beautifully appointed bathrooms, perfect for accommodating family and guests. As you enter the home, you are greeted by a warm and inviting living room that is perfect for entertaining and relaxation. The kitchen boasts an open-concept design, with plenty of counter space, modern appliances, and a spacious dining area, perfect for enjoying meals with loved ones. One of the standout features of this property is its expansive backyard, complete with a sparkling pool that is perfect for staying cool during the hot Arizona summers. The large backyard includes an RV gate, providing ample space for storing boats, trailers, or other outdoor recreational vehicles. In addition to its impressive features, this property has recently undergone brand new underlayment for the roof, ensuring that the roof is reliable and ready for its new owners to move in. Other features include a new AC unit (less than 8 months old), a new pool pump (less than 3 months old), custom backyard furniture, 42" upper cabinets in the kitchen, and 16" diagonal travertine tile. Located just a short bike ride away from Downtown Gilbert, this property offers easy access to some of the area's most popular restaurants and shopping destinations. Whether you are looking to enjoy a night out on the town, or simply want to take a stroll through the local shops and boutiques, this location has something for everyone. With a spacious layout, luxurious amenities, and a convenient location, 148 E Horseshoe Ave is the perfect place to call home. Don't miss out on this incredible opportunity to own a piece of paradise in one of the most prime areas in Gilbert.

Last Agent to Sell the Property

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 04/12/2023

Venture REI, LLC

Co-Listed By

Kevin McKiernan

Venture REI, LLC License #SA632762000

Last Buyer's Agent

Tara Emelity

DeLex Realty License #SA693933000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,367

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,868 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Gilbert Elementary School
  • Mesquite Elementary School - Gilbert Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 309-12-477

Community Details

Overview

  • Association fees include ground maintenance
  • Pmg Services Association, Phone Number (480) 780-3918
  • Built by Shea Homes
  • Farmhouse Meadows 2 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,367

Year Built

Built in 1998

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Cross Street: Gilbert Road & Elliott
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 45.83
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.35
  • Co List Office Mls Id: vrei03
  • Co List Office Phone: 480-636-4893
  • Subdivision Name: FARMHOUSE MEADOWS 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 334.58
  • Association Fees:HOA Fee2: 550.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1868.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 550.0
  • Association Fee Frequency: Annually
  • Association Name: Farmhouse Meadows
  • Phone: 480-780-3918
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Farmhouse Meadows
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 215.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: n/a
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PMG Services
  • Association Fees:HOA Management Phone: (480) 780-3918

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15033.0
  • Parcel #: 309-12-477

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 2367.0
  • Tax Book Number: 309.00
  • Tax Lot: 32
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 22, 2023
Sold by
Garlepp Tara
Bought by
Dickens Jeffre and Dickens Veronica
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Tara Emelity
DeLex Realty
List Price
$625,000
Sold Price
$625,000
Views
41
Current Estimated Value
$661,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,857
Avg. Annual Appreciation
2.24%
Original Mortgage
$500,000
Outstanding Balance
$485,816
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$176,041

Purchase Details

Closed on
Sep 28, 2009
Sold by
Delima Joseph A and Delima Elena S
Bought by
Garlepp Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,720
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2006
Sold by
Atkins Joanne P
Bought by
Delima Joseph A and Delima Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Atkins Joanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
6.88%
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
Dickens Jeffre $625,000 Wfg National Title Insurance C
Garlepp Tara $219,700 Grand Canyon Title Agency In
Delima Joseph A $360,000 Lawyers Title Insurance Corp
Atkins Joanne P $147,335 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickens Jeffre $500,000
Previous Owner Garlepp Tara $215,720
Previous Owner Delima Joseph A $252,000
Previous Owner Atkins Joanne P $132,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $625,000 0.0% $335 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $625,000 -- $335 / 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 $2,095 $27,317 -- --
2024 $2,022 $25,762 -- --
2023 $2,022 $44,610 $8,920 $35,690
2022 $2,367 $34,570 $6,910 $27,660
2021 $2,447 $32,850 $6,570 $26,280
2020 $2,405 $30,370 $6,070 $24,300
2019 $2,242 $28,200 $5,640 $22,560
2018 $2,178 $26,060 $5,210 $20,850
2017 $2,112 $24,260 $4,850 $19,410
2016 $2,155 $23,420 $4,680 $18,740
2015 $1,974 $22,380 $4,470 $17,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6543099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-12-477