NOT LISTED FOR SALE

1500 S Palm St Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $638,278 - $672,000

4 Beds
3 Baths
2,439 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $575,000 $236 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,820/month

Highlights

  • Play Pool
  • RV Gated
  • Contemporary Architecture
  • Settlers Point Elementary School Rated A-
  • Two Primary Bathrooms
  • Vaulted Ceiling

About This Home

As of September 2021

This stunning home sits in an immaculate Gilbert location in Settler's Point. This beautiful 4 bedroom home with 3 baths has a spacious kitchen with island, loads of cabinets & smooth top range. Extensive ceramic tile along with carpeting compliments the 'open feeling' this plan offers along with custom paint. Huge master suite w/oversized master bath, separate shower, garden tub, double sinks & large walk-in closet. The entertaining backyard features able space and the star is a Pebble Tec pool w/water feature! An entertainers paradise. 2 NEW AC UNITS in the process of being installed. Please use Showing Time to schedule showings.

Last Agent to Sell the Property

Sarah Erickson

Good Oak Real Estate License #SA555722000 Listed on: 07/06/2021

Good Oak Real Estate

Co-Listed By

Garrett Lyon

eXp Realty License #BR561415000

Last Buyer's Agent

Jacquelyn Shoffner

Real Broker License #SA642583000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 1997

Lot Details

  • 7,139 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Garage
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,439 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Security System Leased
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered patio or porch

Schools

  • Settler's Point Elementary School
  • South Valley Jr. High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Settlers Point South Association, Phone Number (480) 777-7951
  • Settler's Point South Phase 2 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 151
  • Assessor Parcel Number 304-24-534

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Year Built

Built in 1997

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Cross Street: GILBERT AND RAY
  • Legal Info Range: 6E
  • 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: 29.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2006
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2006
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Tax Year: 2020
  • Directions: TAKE GILBERT RD TO RAY RD. EAST ON RAY RD 2 BLOCKS TO COTTONWOOD. LEFT OR S 2 BLOCKS TO CONSTITUTION. LEFT OR E FOR APPROX 2 BLOCKS CURVES TO LEFT AND TURNS INTO PALM ST. 3 RD HOUSE ON LEFT SIDE
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: SETTLER'S POINT SOUTH PHASE 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 87.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2439.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Play Pool, Private
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • 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:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 87.0
  • Association Fee Frequency: Quarterly
  • Association Name: SETTLERS POINT SOUTH
  • Phone: 480-777-7951
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: SETTLERS POINT SOUTH
  • Association Fees:HOA Telephone4: 480-777-7951
  • 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_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7139.0
  • Parcel #: 304-24-534

Building Info

  • Builder Name: n/a

Tax Info

  • Tax Annual Amount: 2201.0
  • Tax Book Number: 304.00
  • Tax Lot: 151
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 28, 2021
Sold by
Martell Jenna
Bought by
Fee Matthew
Seller's Agent
Sarah Erickson
Good Oak Real Estate
Buyer's Agent
Jacquelyn Shoffner
Real Broker
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$653,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,702
Avg. Annual Appreciation
3.38%
Original Mortgage
$546,250
Outstanding Balance
$500,676
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$154,399

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 8, 2016
Sold by
Holloway Heather M and Holloway Larry
Bought by
Martell Jenna
Seller's Agent
Michael Spurling
The Maricopa Real Estate Co
Buyer's Agent
William May
Breinholt May Realty & Investments
List Price
$319,000
Sold Price
$304,500
Premium/Discount to List
-$14,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$289,275
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 6, 2016
Sold by
Martell John
Bought by
Martell Jenna
Seller's Agent
Michael Spurling
The Maricopa Real Estate Co
Buyer's Agent
William May
Breinholt May Realty & Investments
List Price
$319,000
Sold Price
$304,500
Premium/Discount to List
-$14,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,275
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Holloway Gerald R and Holloway Patricia L
Bought by
Holloway Heather M and Holloway Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,268
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2006
Sold by
Not Provided
Bought by
Gerald R & Patricia L Holloway Living Tr

Purchase Details

Closed on
Nov 21, 2005
Sold by
Hongo Danielle and Smith Danielle
Bought by
Holloway Gerald and Holloway Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2002
Sold by
Smith Vince
Bought by
Smith Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,520
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Merrill Richard W and Merrill Eileen M
Bought by
Smith Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,520
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1997
Sold by
Presley Homes
Bought by
Presley Southwest Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1997
Sold by
Presley Southwest Inc
Bought by
Merrill Richard W and Kitmitto Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fee Matthew $575,000 Magnus Title Agency
Martell Jenna $304,500 Clear Title Agency Of Az Llc
Martell Jenna -- Clear Title Agency Of Az Llc
Holloway Heather M $206,000 Equity Title Agency Inc
Gerald R & Patricia L Holloway Living Tr -- None Available
Holloway Gerald $379,000 Capital Title Agency Inc
Smith Danielle -- First American Title Ins Co
Smith Danielle $216,900 First American Title Ins Co
Presley Southwest Inc -- Security Title Agency
Merrill Richard W $165,740 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fee Matthew $546,250
Closed Fee Matthew $546,250
Previous Owner Martell Jenna $289,275
Previous Owner Holloway Heather M $218,762
Previous Owner Holloway Heather M $202,268
Previous Owner Holloway Gerald R $178,500
Previous Owner Holloway Gerald $179,000
Previous Owner Smith Danielle $173,520
Previous Owner Merrill Richard W $149,150
Closed Smith Danielle $43,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $575,000 0.0% $236 / Sq Ft
07/08/2021 07/08/21 For Sale $575,000 0.0% $236 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $575,000 +88.8% $236 / Sq Ft
06/10/2016 06/10/16 Sold $304,500 -1.5% $125 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/10/2016 04/10/16 Price Changed $309,000 -3.1% $127 / Sq Ft
03/01/2016 03/01/16 For Sale $319,000 -- $131 / 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 $2,170 $29,462 -- --
2024 $2,186 $28,059 -- --
2023 $2,186 $44,470 $8,890 $35,580
2022 $2,117 $33,330 $6,660 $26,670
2021 $2,236 $31,500 $6,300 $25,200
2020 $2,201 $29,310 $5,860 $23,450
2019 $2,023 $27,470 $5,490 $21,980
2018 $1,964 $26,000 $5,200 $20,800
2017 $1,896 $24,920 $4,980 $19,940
2016 $1,964 $24,250 $4,850 $19,400
2015 $1,790 $23,760 $4,750 $19,010
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sarah Erickson

    Good Oak Real Estate

    (512) 203-2816

    1 in this area

    17 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Garrett Lyon

    eXp Realty

  • Jacquelyn Shoffner

    Buyer's Agent in 2021

    Jacquelyn Shoffner

    Real Broker

    (480) 839-6600

    2 in this area

    208 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Michael Spurling

    The Maricopa Real Estate Co

  • William May

    Buyer's Agent in 2016

    William May

    Breinholt May Realty & Investments

    (480) 236-2796

    118 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6260508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-24-534

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

1500 S Palm St, Gilbert, AZ

This home is located at 1500 S Palm St, Gilbert, AZ 85296 since 06 July 2021 and is currently estimated at $652,820, approximately $267 per square foot. This property was built in 1997. 1500 S Palm St is a home located in Maricopa County with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite High School.

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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