NOT LISTED FOR SALE

159 W Commerce Ct Unit 46 Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $340,000 - $370,000

2 Beds
2 Baths
970 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $250,000 $258 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,183/month

15 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Heated Community Pool
  • Wood Flooring
  • Granite Countertops
  • Breakfast Bar

About This Home

As of December 2020

LOCATION! LOCATION!! LOCATION!!! Minutes from the Heritage District of Downtown Gilbert. Walking distance to restaurants, shops and nightlife. 2 Bedroom 2 Bath plus flex-room 3 Story home! Vaulted & Cathedral ceilings, Wood flooring throughout! Eat in Kitchen is located on the second floor with Granite counter tops & backsplash, gorgeous wood cabinets, beautiful light fixtures, All black appliances, and Breakfast Bar! Kitchen opens up to large great room with soaring vaulted ceilings! Second bedroom plus full bath. Iron spiral staircase brings you up to the Huge Master bedroom with sitting area, full bath and spacious closet. 2 car tandem rear entry garage! Community Pool.

Last Listed By

Melissa Lopez

Coldwell Banker Realty License #BR637951000 Listed on: 10/29/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 2004

Lot Details

  • 604 Sq Ft Lot
  • Grass Covered Lot

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 970 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Oak Tree Elementary School
  • Gilbert Junior High School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 302-14-806

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • Aam, Llc Association, Phone Number (602) 957-9191
  • Arbor Walk Amd Subdivision

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 2004

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Cross Street: Gilbert and 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: 138.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2020
  • Directions: Gilbert rd, west on Juniper, then south N Oak Rd.
  • Master Model: 1816
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: ARBOR WALK AMD
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 138.0
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 970.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Rear Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Rear Vehicle Entry: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 138.0
  • Association Fee Frequency: Monthly
  • Association Name: AAM, LLC
  • Phone: 602-957-9191
  • 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: AAM, LLC
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Mesquite 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: 604.0
  • Parcel #: 302-14-806
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 823.0
  • Tax Book Number: 302.00
  • Tax Lot: 46
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Thompson J Clayton J and Thompson Lindsay
Bought by
Sciubba Thomas D and Sciubba Teresa A
Total Days on Market
15
Current Estimated Value
$355,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 28, 2020
Sold by
Messinger Brock Allen and Messinger Thomas Roland
Bought by
Thompson J Clayton J and Thompson Lindsay
Seller's Agent
Melissa Lopez
Coldwell Banker Realty
Buyer's Agent
Teresa Sciubba
West USA Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$237,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2018
Sold by
Messinger Brock Allen and Messinger Thomas R
Bought by
Messinger Brock Allen and Messinger Thomas Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 28, 2017
Sold by
Madsen John
Bought by
Messinger Brock
Seller's Agent
Bryan Pankau
Keller Williams Integrity First
Buyer's Agent
Melissa Lopez
Coldwell Banker Realty
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$171,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2008
Sold by
Harris Dixie
Bought by
Madsen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Classic Communities Inc
Bought by
Harris Dixie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,950
Interest Rate
6.06%
Mortgage Type
FHA

Range of Values:

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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
Sciubba Thomas D $340,000 American Title Service Agency
Thompson J Clayton J $250,000 Equity Title Agency Inc
Messinger Brock Allen -- Driggs Title Agency Inc
Messinger Brock $183,000 American Title Service Agenc
Madsen John $162,000 First American Title Ins Co
Harris Dixie $140,993 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sciubba Thomas D $251,625
Closed Sciubba Thomas D $245,000
Previous Owner Thompson J Clayton J $237,500
Previous Owner Messinger Brock Allen $175,000
Previous Owner Messinger Brock Allen $171,000
Previous Owner Messinger Brock $171,000
Previous Owner Madsen John $123,000
Previous Owner Madsen John $129,600
Previous Owner Harris Dixie $136,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $250,000 0.0% $258 / Sq Ft
11/07/2020 11/07/20 Price Changed $250,000 +2.0% $258 / Sq Ft
10/29/2020 10/29/20 For Sale $245,000 +36.1% $253 / Sq Ft
08/16/2017 08/16/17 Sold $180,000 +0.6% $186 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
07/07/2017 07/07/17 Price Changed $179,000 -0.6% $185 / Sq Ft
06/24/2017 06/24/17 Price Changed $180,000 +2.9% $186 / Sq Ft
06/21/2017 06/21/17 For Sale $175,000 -- $180 / 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 $809 $11,194 -- --
2024 $816 $10,661 -- --
2023 $816 $24,210 $4,840 $19,370
2022 $791 $18,980 $3,790 $15,190
2021 $836 $17,180 $3,430 $13,750
2020 $823 $15,580 $3,110 $12,470
2019 $756 $13,710 $2,740 $10,970
2018 $733 $12,450 $2,490 $9,960
2017 $707 $11,460 $2,290 $9,170
2016 $732 $10,360 $2,070 $8,290
2015 $667 $9,900 $1,980 $7,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6153555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-14-806