NOT LISTED FOR SALE

1518 E Commerce Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $436,099 - $440,000

3 Beds
2 Baths
1,383 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $450,000 $325 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,605/month

37 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Tennis Courts
  • Patterson Elementary School Rated A
  • Community Pool
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of June 2022

Single level 3 bedroom home in desirable Stonecreek Community with access to Freestone Park featuring lakes, fishing, train rides, bike paths, tennis courts. Freshly painted interior and new carpets. Vaulted with ceiling fans, separate dining room, and eat in kitchen with exit to private patio. Master bath has double sinks. N/S exposure.

Last Listed By

Martin Mann

Arizona Gold Realty License #SA582194000 Listed on: 04/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1987

Lot Details

  • 3,999 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Built-In Microwave
  • Washer and Dryer Hookup

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 199
  • Assessor Parcel Number 304-13-616

Community Details

Overview

  • Association fees include ground maintenance
  • Borg Management Association, Phone Number (480) 838-6900
  • Stonecreek Lot 1 231 Tr A S Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1987

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe/Val Vista
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 60.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2021
  • Directions: South on Val Vista, East on Juniper, South on Boulder which turns into Red Rock and then Commerce
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: azgr01
  • Co List Office Phone: 480-755-0885
  • Subdivision Name: STONECREEK LOT 1-231 TR A-S
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 180.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 1383.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Rear, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • 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: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 180.0
  • Association Fee Frequency: Quarterly
  • Association Name: Borg Management
  • Phone: 480-838-6900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Borg Management
  • Association Fees:HOA Telephone4: 480-838-6900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Patterson Elementary - Mesa
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3999.0
  • Parcel #: 304-13-616
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1414.0
  • Tax Book Number: 304.00
  • Tax Lot: 199
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 25, 2022
Sold by
Ghosh and Trina
Bought by
Rogers Brian and Machowski Kara
Seller's Agent
Martin Mann
Arizona Gold Realty
Buyer's Agent
Jerome Midstokke
eXp Realty
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Total Days on Market
37
Current Estimated Value
$437,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,475
Avg. Annual Appreciation
-0.94%
Original Mortgage
$360,000
Outstanding Balance
$344,898
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$92,627

Purchase Details

Closed on
Nov 29, 2005
Sold by
Mundy Adrian D and Mundy Betty Jo
Bought by
Ghosh Sourav and Dev Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2005
Sold by
Mundy Adrian D
Bought by
Mundy Adrian D and Mundy Betty Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1996
Sold by
Broadrick Mark A
Bought by
Mundy Adrian D and Mundy Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
7.34%
Mortgage Type
VA

Purchase Details

Closed on
Feb 19, 1995
Sold by
Mundy Martha A
Bought by
Mundy Adrian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,670
Interest Rate
9.03%
Mortgage Type
VA

Purchase Details

Closed on
Feb 16, 1995
Sold by
Turner Theresa K
Bought by
Mundy Adrian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,670
Interest Rate
9.03%
Mortgage Type
VA

Range of Values:

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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
Rogers Brian $450,000 New Title Company Name
Ghosh Sourav $240,000 Security Title Agency Inc
Mundy Adrian D -- Custom Title Solutions
Mundy Adrian D -- Fidelity Title
Broadrick Mark A -- Fidelity Title
Mundy Adrian D -- Network Escrow & Title Agenc
Mundy Adrian D $89,000 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Brian $360,000
Previous Owner Ghosh Sourav $166,400
Previous Owner Ghosh Sourav $180,000
Previous Owner Mundy Adrian D $100,000
Previous Owner Mundy Adrian D $100,000
Previous Owner Mundy Adrian D $97,300
Previous Owner Mundy Adrian D $91,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $450,000 +3.4% $325 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $435,000 -3.3% $315 / Sq Ft
04/07/2022 04/07/22 Off Market $450,000 -- --
04/04/2022 04/04/22 For Sale $435,000 0.0% $315 / Sq Ft
02/18/2015 02/18/15 Rented $1,025 0.0% --
02/09/2015 02/09/15 Under Contract -- -- --
01/27/2015 01/27/15 For Rent $1,025 +3.0% --
12/20/2012 12/20/12 Rented $995 0.0% --
11/26/2012 11/26/12 Under Contract -- -- --
11/20/2012 11/20/12 For Rent $995 -- --
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 $1,157 $15,898 -- --
2024 $1,166 $15,141 -- --
2023 $1,166 $29,060 $5,810 $23,250
2022 $1,131 $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 $1,247 $13,480 $2,690 $10,790
2015 $1,142 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Martin Mann

    Arizona Gold Realty

    (480) 755-0885

    1 in this area

    21 Total Sales

    Martin Mann
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Debra Mann

    Arizona Gold Realty

    (480) 755-0885

    1 in this area

    19 Total Sales

    Debra Mann
    Section Image
  • Jerome Midstokke

    Buyer's Agent in 2022

    Jerome Midstokke

    eXp Realty

    Section Image

  • D

    Seller's Agent in 2015

    Dean German

    Arizona Gold Realty

  • Thomas Rizen

    Buyer's Agent in 2015

    Thomas Rizen

    RAN Realty & Property Management

    (480) 844-0600

    29 Total Sales

    Thomas Rizen
    Section Image
  • Leone Flynn

    Buyer's Agent in 2012

    Leone Flynn

    Realty One Group

    (480) 209-6868

    2 Total Sales

    Leone Flynn
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6378327

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-13-616

Arizona Maricopa County Gilbert 85234 Val Vista

1518 E Commerce Ave, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 1518 E Commerce Ave, Gilbert, AZ 85234 since 04 April 2022 and is currently estimated at $437,525, approximately $316 per square foot. This property was built in 1987. 1518 E Commerce Ave is a home located in Maricopa County with nearby schools including Patterson Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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