NOT LISTED FOR SALE

1517 E Commerce Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $440,000 - $461,488

3 Beds
2.5 Baths
1,738 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $151,000 $87 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,500/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Eat-In Kitchen
  • Patterson Elementary School Rated A
  • Granite Countertops
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2016

Welcome to this wonderful home located right here in Gilbert! The interior boasts a vast 1738 Sq Ft layout with dual living areas & ample space in each of your new bedrooms. Continuing to the kitchen reveals light accenting granite countertops with contrasting amenities plus a roomy walk-in pantry. Features also include an impressive backyard & 2 car garage!

Last Agent to Rent the Property

Stuart Turner

Invitation Homes License #SA647175000 Listed on: 03/10/2016

Last Renter's Agent

Aaron O'Brien

Century 21-Platinum Real Estate License #SA661523000

Century 21-Platinum Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 4,452 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Patterson Elementary School - Gilbert
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Stonecreek Homeowne Association
  • Stonecreek Lot 1 231 Tr A S Subdivision

Listing and Financial Details

  • Property Available on 3/9/16
  • 12-Month Minimum Lease Term
  • Tax Lot 71
  • Assessor Parcel Number 304-13-488

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2016-03-09

Listing Details

  • Cross Street: Val Vista and Elliot
  • Legal Info Range: 6E
  • 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 Homeowne
  • Non Assistive Animals: Yes
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: unknown
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.1
  • Subdivision Name: STONECREEK LOT 1-231 TR A-S
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1738.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Stonecreek Homeowne
  • Phone: Unknown
  • Association: Yes

Schools

  • Elementary School: Patterson Elementary School - Gilbert
  • High School: Gilbert High School
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Lot Size Sq Ft: 4452.0
  • Parcel #: 304-13-488
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 71
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
2017 2 Ih Borrower Lp
Bought by
2017 2 Ih Borrower Lp
Current Estimated Value
$450,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$724,468,013
Interest Rate
3.83%
Mortgage Type
Construction
Estimated Equity
-$724,017,391

Purchase Details

Closed on
Aug 14, 2014
Sold by
Thr Phoenix Lp
Bought by
2014 2 Ih Borrwer Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,935,000
Interest Rate
4.12%

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jan 29, 2013
Sold by
Mitchell Jeffrey D and Mitchell Julie C
Bought by
Thr Phoenix Lp
Seller's Agent
Tammy Mlecko
HomeSmart
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$150,000
Sold Price
$151,000
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Hud
Bought by
Mitchell Jeffrey D and Mitchell Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,225
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1996
Sold by
Boatmens National Mtg Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,225
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1995
Sold by
Denomie Kevin Thomas and Denomie Kathie Sue
Bought by
Boatmens National Mtg Inc

Purchase Details

Closed on
Nov 1, 1994
Sold by
Long David E and Long Terri L
Bought by
Buchholz Ray D and Buchholz Carol J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2017 2 Ih Borrower Lp -- None Available
2014 2 Ih Borrwer Lp -- None Available
Thr Phoenix Lp $151,000 Great American Title Agency
Mitchell Jeffrey D -- First Southwestern Title
Hud -- First Southwestern Title
Boatmens National Mtg Inc -- First Southwestern Title
Buchholz Ray D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 2 Ih Borrower Lp $865,027,000
Previous Owner 2014 2 Ih Borrwer Lp $719,935,000
Previous Owner Mitchell Jeffrey D $110,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2016 04/14/16 Rented $1,353 0.0% --
04/07/2016 04/07/16 Under Contract -- -- --
04/06/2016 04/06/16 Price Changed $1,353 0.0% $1 / Sq Ft
04/06/2016 04/06/16 For Rent $1,353 -1.6% --
04/01/2016 04/01/16 Under Contract -- -- --
03/30/2016 03/30/16 Price Changed $1,375 -1.1% $1 / Sq Ft
03/28/2016 03/28/16 For Rent $1,390 0.0% --
03/26/2016 03/26/16 Under Contract -- -- --
03/16/2016 03/16/16 For Rent $1,390 0.0% --
03/12/2016 03/12/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $1,390 +20.9% --
12/18/2013 12/18/13 Rented $1,150 -17.6% --
12/12/2013 12/12/13 Under Contract -- -- --
10/03/2013 10/03/13 For Rent $1,395 +5.3% --
05/01/2013 05/01/13 Rented $1,325 0.0% --
05/01/2013 05/01/13 Under Contract -- -- --
03/17/2013 03/17/13 For Rent $1,325 0.0% --
01/31/2013 01/31/13 Sold $151,000 +0.7% $87 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $150,000 -- $86 / 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 $1,669 $18,268 -- --
2024 $1,614 $17,398 -- --
2023 $1,614 $32,120 $6,420 $25,700
2022 $1,570 $23,710 $4,740 $18,970
2021 $1,625 $22,050 $4,410 $17,640
2020 $1,603 $20,420 $4,080 $16,340
2019 $1,489 $18,560 $3,710 $14,850
2018 $1,450 $17,310 $3,460 $13,850
2017 $1,402 $16,080 $3,210 $12,870
2016 $1,439 $15,560 $3,110 $12,450
2015 $1,312 $14,720 $2,940 $11,780
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2016

    Stuart Turner

    Invitation Homes

  • A

    Tenant's Agent in 2016

    Aaron O'Brien

    Century 21-Platinum Real Estate

    Section Image

  • J

    Seller's Agent in 2013

    Jodie Deaton

    Invitation Homes

    Section Image

  • C

    Seller's Agent in 2013

    Chelsea Sain

    Invitation Homes

    (480) 685-7963

    Chelsea Sain
    Section Image

  • T

    Seller's Agent in 2013

    Tammy Mlecko

    HomeSmart

    (602) 230-7600

    8 Total Sales

    Tammy Mlecko
    Section Image

  • R

    Buyer's Agent in 2013

    Russell Perkins

    HomeSmart Realty

    (602) 230-7600

    2 Total Sales

    Russell Perkins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5410609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-13-488

Arizona Maricopa County Gilbert 85234 Val Vista

1517 E 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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