NOT LISTED FOR SALE

1508 W Commerce Ave Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $750,000 - $1,179,000

4 Beds
3 Baths
2,861 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $525,000 $184 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,331/month

2 Days on Market

Highlights

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

About This Home

As of September 2014

This home is STUNNING! You will feel like you are vacationing with the view from your living areas and kitchen. You can wake board, jet ski and water ski after work, practice your putting while staring out onto the lake and finish the evening with a cookout on your built in BBQ! The open floor plan and vaulted ceilings accent the beautiful finishes throughout this home. 4 bedrooms, 3 bathrooms in this dream community. This single story is recently updated, with beautiful hardwoods, custom bathroom features, two tone paint throughout, custom window coverings and updated fixtures. This floor plan is AMAZING, huge great room and fireplace with large windows looking out onto the lake. Private access to McQueen park that has baseball/gym/fishing. THIS IS A MUST SEE!

Last Agent to Sell the Property

Cara O'Dowd

HomeSmart Lifestyles License #SA652788000 Listed on: 08/19/2014

HomeSmart Lifestyles

Last Buyer's Agent

Sanjay Jawa

Investar Real Estate Specialists License #SA536983000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 2000

Lot Details

  • 9,750 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,861 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 310-08-360

Community Details

Overview

  • Association fees include (see remarks)
  • Playa Del Rey Subdivision
  • Community Lake

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

Built in 2000

Lot Details

9,750 Sq Ft Lot

HOA Fees

$200 per month

Parking

3

Listing Details

  • Cross Street: McQUEEN (MESA DR) & 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: 200.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2011
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2011
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Playa Del Rey
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 183.5
  • Association Fees:HOA Fee2: 200.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2861.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • 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: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision, Biking/Walking Path
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: unknown
  • Phone: 000-000-0000
  • 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: unknown
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

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 #: 310-08-360
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2645.8
  • Tax Book Number: 310.00
  • Tax Lot: 28
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 3, 2014
Sold by
Johnson Nathan A
Bought by
Nannz Properties Llc
Seller's Agent
Cara O'Dowd
HomeSmart Lifestyles
Buyer's Agent
Sanjay Jawa
Investar Real Estate Specialists
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Current Estimated Value
$928,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,827
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Johnson Megan A
Bought by
Johnson Nathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,200
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Us Bank Na
Bought by
Johnson Nathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,700
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2007
Sold by
Holub Karen and Cardenas Paul
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 24, 2006
Sold by
Cardenas Paul
Bought by
Holub Karen

Purchase Details

Closed on
Oct 19, 2005
Sold by
Langston Mi Yong
Bought by
Holub Karen and Cardenas Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2000
Sold by
Playa Del Rey Ltd Partnership
Bought by
Langston Marion E and Langston Mi Yong
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
Nannz Properties Llc $525,000 Empire West Title Agency
Johnson Nathan A -- First American Title Ins Co
Johnson Nathan A -- First American Title Ins Co
Johnson Nathan A $463,000 Security Title Agency
Us Bank Na $77,450 First American Title Ins Co
Holub Karen -- None Available
Holub Karen $755,000 Fidelity National Title
Langston Marion E $379,434 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Nathan A $393,200
Previous Owner Johnson Nathan A $416,700
Previous Owner Holub Karen $604,000
Closed Holub Karen $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $525,000 -2.8% $184 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $539,900 -- $189 / 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 $4,211 $47,770 -- --
2024 $4,199 $45,495 -- --
2023 $4,199 $65,770 $13,150 $52,620
2022 $4,084 $51,110 $10,220 $40,890
2021 $4,224 $47,210 $9,440 $37,770
2020 $4,161 $44,880 $8,970 $35,910
2019 $3,866 $42,000 $8,400 $33,600
2018 $3,759 $39,980 $7,990 $31,990
2017 $3,636 $37,980 $7,590 $30,390
2016 $3,728 $36,900 $7,380 $29,520
2015 $3,400 $36,500 $7,300 $29,200
Source: Public Records

Agents Affiliated with this Home

  • Cara O'Dowd

    Seller's Agent in 2014

    Cara O'Dowd

    HomeSmart Lifestyles

    (480) 217-9447

    1 in this area

    103 Total Sales

    Cara O'Dowd
    Section Image
  • Sanjay Jawa

    Buyer's Agent in 2014

    Sanjay Jawa

    Investar Real Estate Specialists

    (480) 232-0254

    13 Total Sales

    Sanjay Jawa
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5159895

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-08-360

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1508 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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