NOT LISTED FOR SALE

1509 E Commerce Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $400,510 - $438,000

3 Beds
2 Baths
1,383 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $140,000 $101 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,303/month

Highlights

  • Eat-In Kitchen
  • Double Vanity
  • Central Air
  • Patterson Elementary School Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of December 2023

RENT THIS BEAUTIFUL HOME with 3 bedrooms 2 baths and a bonus room in the highly sought after community. The spacious kitchen has plenty of cabinets and counter space for all of your cooking needs. New Paint & Flooring in the rooms. Community amenities include park and pool. Located close to Downtown Gilbert. Washer & Dryer included.

Last Agent to Rent the Property

Parveen Gupta

Move Reward Realty License #BR639459000 Listed on: 10/20/2023

Last Renter's Agent

Bridgett Sechrest

Realty ONE Group License #SA673517000

Realty ONE Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 3,999 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Schools

  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Stonecreek HOA, Phone Number (480) 838-6900
  • Stonecreek Subdivision

Listing and Financial Details

  • Property Available on 10/21/23
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 73
  • Assessor Parcel Number 304-13-490

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-10-21

Listing Details

  • Cross Street: Elliot & Val Vista
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Rental Info H O A Name: Stonecreek HOA
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Stonecreek
  • Property Attached Yn: No
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1383.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Stonecreek HOA
  • Phone: 480-838-6900
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size Sq Ft: 3999.0
  • Parcel #: 304-13-490

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 73
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2018
Sold by
Pasala Srinivas
Bought by
1509 E Commerce Ave Property Llc
Current Estimated Value
$416,378

Purchase Details

Listed on
May 14, 2012
Closed on
Aug 27, 2012
Sold by
Pasala Satya Sailaja
Bought by
Pasala Srinivas
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Joseph Girmonde
eXp Realty
List Price
$152,900
Sold Price
$140,000
Premium/Discount to List
-$12,900
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$105,600
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 24, 2012
Sold by
Housing Realty Corporation
Bought by
Pasala Srinivas
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Joseph Girmonde
eXp Realty
List Price
$152,900
Sold Price
$140,000
Premium/Discount to List
-$12,900
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Garcia Ricardo O and Garcia Eloisa A
Bought by
Household Realty Corporation

Purchase Details

Closed on
Jul 26, 2005
Sold by
Benvenuto Mary T
Bought by
Garcia Ricardo O and Garcia Eloisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1994
Sold by
Benvenuto Mary T
Bought by
Benvenuto Mary T
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
1509 E Commerce Ave Property Llc -- None Available
Pasala Srinivas -- Security Title Agency
Pasala Srinivas $132,000 Security Title Agency
Household Realty Corporation -- Pacific Coast Title
Garcia Ricardo O $239,000 --
Benvenuto Mary T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pasala Srinivas $105,600
Previous Owner Garcia Ricardo O $191,200
Closed Garcia Ricardo O $47,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Rented $1,995 0.0% --
11/20/2023 11/20/23 Under Contract -- -- --
11/08/2023 11/08/23 Price Changed $1,995 -4.8% $1 / Sq Ft
10/21/2023 10/21/23 For Rent $2,095 0.0% --
08/24/2012 08/24/12 Sold $140,000 +0.1% $101 / Sq Ft View Prior Sale
07/20/2012 07/20/12 Pending -- -- --
07/06/2012 07/06/12 Price Changed $139,900 -4.8% $101 / Sq Ft
06/11/2012 06/11/12 Price Changed $146,900 -3.9% $106 / Sq Ft
05/14/2012 05/14/12 For Sale $152,900 -- $111 / 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 $1,452 $15,898 -- --
2024 $1,404 $15,141 -- --
2023 $1,404 $29,060 $5,810 $23,250
2022 $1,367 $21,360 $4,270 $17,090
2021 $1,414 $19,780 $3,950 $15,830
2020 $1,395 $18,270 $3,650 $14,620
2019 $1,296 $16,480 $3,290 $13,190
2018 $1,261 $15,230 $3,040 $12,190
2017 $1,220 $14,010 $2,800 $11,210
2016 $1,252 $13,480 $2,690 $10,790
2015 $1,142 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

  • Parveen Gupta

    Landlord's Agent in 2023

    Parveen Gupta

    Move Reward Realty

    (623) 414-7935

    7 Total Sales

    Parveen Gupta
    Section Image

  • B

    Tenant's Agent in 2023

    Bridgett Sechrest

    Realty One Group

    (602) 695-5954

    34 Total Sales

    Bridgett Sechrest
    Section Image
  • Joseph Girmonde

    Buyer's Agent in 2012

    Joseph Girmonde

    eXp Realty

    (480) 734-5094

    44 Total Sales

    Joseph Girmonde
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6620906

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-13-490

Arizona Maricopa County Gilbert 85234 Val Vista

1509 E Commerce Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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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