NOT LISTED FOR SALE

1488 W Commerce Ave Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $1,210,000 - $1,752,000

5 Beds
4.5 Baths
5,410 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2016

Last sale price $810,000 $150 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,286 / mo

Highlights

  • Heated Spa
  • 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 June 2016

*** Lakefront Luxury in Gated Ski/Wakeboard Community*** Step Out the Back Door and right into your Boat. This Home has it all! Enter into Large Foyer to Grand Staircase with Custom Iron Railing. Beautiful Interior Finishes Include Travertine Flooring, Slab Granite Countertops in Kitchen and Baths and Solid Wood Interior and Exterior Doors. Chef’s Kitchen with a 48” Wolf Professional Stainless Gas Range, Wall Oven and Warming Drawer, Sub Zero Fridge and Oversized Island with Prep Sink and seating for 6. Butted Glass Windows Overlook the Lake and Pool. Adjacent Family Room has Surround Sound, Gas Fireplace and Large Windows to take in the View. Large

Last Agent to Sell the Property

Angela Walls

RE/MAX Fine Properties License #SA527300000 Listed on: 05/23/2016

RE/MAX Fine Properties

Last Buyer's Agent

Tara Welch

Berkshire Hathaway HomeServices Arizona Properties License #SA646309000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 2006

Lot Details

  • 9,750 Sq Ft Lot
  • Waterfront
  • Private Streets
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,410 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • North or South Exposure

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 310-08-358

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Playa Del Rey Association, Phone Number (480) 551-4300
  • Playa Del Rey Subdivision, Custom Floorplan
  • Community Lake

Recreation

  • Community Playground

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,578

Year Built

Built in 2006

Lot Details

9,750 Sq Ft Lot

HOA Fees

$199 per month

Parking

4

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
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 199.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2014
  • Master Model: CUSTOM
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Playa Del Rey
  • Architectural Style: Other, Contemporary, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 149.72
  • Association Fees:HOA Fee2: 199.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5410.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: North/South Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • 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
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes
  • Private Pool Features: Heated: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Playground
  • Association Fee: 199.0
  • Association Fee Frequency: Monthly
  • Association Name: Playa Del Rey
  • Phone: 480-551-4300
  • 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 Rey
  • 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 #: 310-08-358

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 5578.0
  • Tax Book Number: 310.00
  • Tax Lot: 26
  • Tax Map Number: 8.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 23, 2016
Sold by
Bought by
Seller's Agent
Angela Walls
RE/MAX Fine Properties
Buyer's Agent
Tara Welch
Berkshire Hathaway HomeServices Arizona Properties
List Price
$810,000
Sold Price
$810,000
Current Estimated Value
$1,411,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,971
Avg. Annual Appreciation
5.98%
Original Mortgage
$610,000
Interest Rate
0.0357%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2016
Closed on
May 24, 2016
Sold by
Bought by
Seller's Agent
Angela Walls
RE/MAX Fine Properties
Buyer's Agent
Tara Welch
Berkshire Hathaway HomeServices Arizona Properties
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
0.0357%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
0.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
0.0574%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
0.0597%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 First American Title Ins Co
-- None Available
$750,000 Lawyers Title Of Arizona Inc
-- --
$316,000 Capital Title Agency Inc
-- Transnation Title Ins Co
$325,000 Transnation Title Ins Co
$265,000 Transnation Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $610,000
Closed $852,000
Closed $252,800
Closed $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $810,000 0.0% $150 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $810,000 -- $150 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,530 $77,945 -- --
2024 $6,251 $74,234 -- --
2023 $6,251 $92,030 $18,400 $73,630
2022 $6,063 $71,180 $14,230 $56,950
2021 $6,292 $66,710 $13,340 $53,370
2020 $6,190 $64,170 $12,830 $51,340
2019 $5,708 $62,060 $12,410 $49,650
2018 $5,534 $60,750 $12,150 $48,600
2017 $5,333 $60,130 $12,020 $48,110
2016 $6,083 $59,270 $11,850 $47,420
2015 $5,547 $60,230 $12,040 $48,190
Source: Public Records

Agents Affiliated with this Home

  • Angela Walls

    Seller's Agent in 2016

    Angela Walls

    RE/MAX

    (602) 320-2727

    38 Total Sales

    Angela Walls
    Section Image

  • T

    Buyer's Agent in 2016

    Tara Welch

    Berkshire Hathaway HomeServices Arizona Properties

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5447769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-08-358

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1488 W Commerce Ave, Gilbert, AZ

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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