NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $2,619,339

3 Beds
4 Baths
4,871 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $740,000 $152 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $10,309/month

5 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Vaulted Ceiling
  • Weinberg Gifted Academy Rated A
  • 1.55 Acre Lot
  • Granite Countertops

About This Home

As of July 2019

Carve out an incredible life in this magnificent single story home that sits nestled in the amazing city of Gilbert! Upon entering this home, you are greeted with gorgeous flooring, cozy stone fireplace, wooden and vaulted ceilings, 2 built in entertainment centers, ceiling fans, an open floor concept and tons of natural light throughout! The island kitchen features beautiful pine doors and cabinetry, walkin pantry, granite countertops, built in desk, wall ovens, pantry and a breakfast bar. The spacious bedrooms offer plenty of room for sleep, study and storage. A bonus room is the den that is ideal for an office with 2 built in desks and tons of storage and shelving! Another amazing room is the laundry room with its very own utility sink and island! The master bathroom showcases dual sinks, private toilet room, 2 walkin showers and a spectacular walkin closet! The backyard is comprised of 1.552 acres of beautiful land filled with lush green grass and tons of shade trees! Something sweet to add to the mix is the guest house that is absolutely perfect for friends, family or even an option as a rental for extra income! Don't hesitate! Book your showing today! This striking home is sure to impress!

Last Agent to Sell the Property

Erik Geisler

West USA Realty License #SA664946000 Listed on: 06/20/2019

West USA Realty

Last Buyer's Agent

Scott Cook

RE/MAX Solutions License #BR564464000

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,921

Year Built

  • Built in 2008

Lot Details

  • 1.55 Acre Lot
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,871 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Weinberg Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 304-71-863-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,921

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Cross Street: S. Val Vista Dr. and E. Ocotillo Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2018
  • Directions: Head east on E Ocotillo Rd toward S 153rd Way Turn left onto S 154th St Turn right Veer to the right, home straight ahead
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.55
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4871.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Playground, Private Yard
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 67585.0
  • Parcel #: 304-71-863-A

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 6921.0
  • Tax Book Number: 304.00
  • Tax Lot: None
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Merkley Lorin C and Merkley Kristyn R
Bought by
Merkley Lorin C and Merkley Kristyn R
Current Estimated Value
$1,824,585

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 18, 2019
Sold by
Smith Mary K and Fulmer Vicki Renee
Bought by
Merkley Lorin C and Merkley Kristyn R
Seller's Agent
Erik Geisler
West USA Realty
Buyer's Agent
Scott Cook
RE/MAX Solutions
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$592,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Evans Richard E and Fulmer Vicki Renee
Bought by
Smith Mary K and Fulmer Vicki Renee

Purchase Details

Closed on
Mar 29, 2007
Sold by
Buell Walter J and Buell Sharon L
Bought by
Evans Richard E and Evans Katherine Helen
Source: Public Records

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
Merkley Lorin C -- None Available
Merkley Lorin C $740,000 Wfg National Title Ins Co
Smith Mary K -- Accommodation
Evans Richard E $1,280,375 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkley Lorin C $592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $740,000 -1.3% $152 / Sq Ft
06/20/2019 06/20/19 For Sale $750,000 -- $154 / 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 $7,616 $81,403 -- --
2024 $7,423 $77,526 -- --
2023 $7,423 $139,900 $27,980 $111,920
2022 $7,196 $103,410 $20,680 $82,730
2021 $7,369 $75,500 $15,100 $60,400
2020 $7,294 $74,550 $14,910 $59,640
2019 $7,168 $67,480 $13,490 $53,990
2018 $6,921 $65,150 $13,030 $52,120
2017 $6,536 $62,870 $12,570 $50,300
2016 $6,248 $63,900 $12,780 $51,120
2015 $5,923 $59,030 $11,800 $47,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5942391

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-71-863A