NOT LISTED FOR SALE

160 W Commerce Ct Unit 40 Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $351,000 - $401,000

3 Beds
2 Baths
1,189 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $165,000 $139 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,161/month

Highlights

  • Community Pool
  • Tile Flooring
  • Ceiling Fan
  • Eat-In Kitchen
  • Central Air
  • High Speed Internet

About This Home

As of June 2023

Completely renovated Downtown Gilbert townhouse available for rent. Just steps away from the best entertainment and restaurants Gilbert has to offer. 3 beds / 2 baths and 2 car tandem enclosed garage. Updates include: painted, inside and out, new tile flooring, updated kitchen with granite counters, all fans and lighting fixtures brand new, new kitchen appliances, both bathrooms completely renovated. Pets are negotiable but will require an extra deposit. Occupied until 5/31/23

Last Agent to Rent the Property

Lindsey-Maree Dundon

RE/MAX Fine Properties License #SA564178000 Listed on: 05/11/2023

RE/MAX Fine Properties

Last Renter's Agent

Lindsey-Maree Dundon

RE/MAX Fine Properties License #SA564178000 Listed on: 05/11/2023

RE/MAX Fine Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2004

Lot Details

  • 608 Sq Ft Lot
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,189 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Property Available on 6/1/23
  • $75 Move-In Fee
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Tax Lot 40
  • Assessor Parcel Number 302-14-800

Community Details

Overview

  • Property has a Home Owners Association
  • Arbor Walk Association, Phone Number (480) 539-1396
  • Arbor Walk Amd Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,069

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-06-01

Listing Details

  • Cross Street: Gilbert and Guadalupe
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Rental Info H O A Name: Arbor Walk
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 75.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From Intersection head South on Gilbert, Right (West) on Juniper, Left (South) on Oak into the Arbor Walk Community. Continue south to Commerce. You can park on the street and easily walk to the unit
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: ARBOR WALK AMD
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Living Area: 1189.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Grass Front
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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

  • Community Features: Community Pool
  • Association Name: Arbor Walk
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size Sq Ft: 608.0
  • Parcel #: 302-14-800

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 40
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 30, 2017
Sold by
Leipart Tara and Morgan Tara L
Bought by
Gething Brian
Seller's Agent
Nathaniel Hastings
DPR Realty LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$380,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,220
Avg. Annual Appreciation
10.44%
Original Mortgage
$115,500
Outstanding Balance
$96,105
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$284,115

Purchase Details

Closed on
May 26, 2008
Sold by
Bank Of New York
Bought by
Morgan Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,451
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2008
Sold by
Galbasini Chad and Roney Maarsen
Bought by
Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Sep 30, 2007
Sold by
Roney Maarsen
Bought by
Galbasini Chad

Purchase Details

Closed on
Oct 5, 2005
Sold by
Stouffer Jill
Bought by
Galbasini Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Classic Communities Inc
Bought by
Stouffer Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
5.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gething Brian $165,000 Fidelity National Title
Morgan Tara L $148,750 First American Title Insuran
Bank Of New York $168,750 First American Title
Galbasini Chad -- None Available
Galbasini Chad $235,000 Lawyers Title Ins
Stouffer Jill $135,839 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gething Brian $115,500
Previous Owner Morgan Tara L $148,647
Previous Owner Morgan Tara L $146,451
Previous Owner Galbasini Chad $189,600
Previous Owner Stouffer Jill $131,750
Closed Galbasini Chad $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Rented $2,200 0.0% --
06/16/2023 06/16/23 Under Contract -- -- --
05/11/2023 05/11/23 For Rent $2,200 +11.4% --
06/01/2020 06/01/20 Rented $1,975 0.0% --
05/11/2020 05/11/20 For Rent $1,975 0.0% --
03/31/2017 03/31/17 Sold $165,000 -5.7% $139 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $175,000 -- $147 / 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 $1,069 $12,229 -- --
2024 $1,075 $11,647 -- --
2023 $1,075 $25,860 $5,170 $20,690
2022 $1,045 $20,510 $4,100 $16,410
2021 $1,081 $18,520 $3,700 $14,820
2020 $1,065 $16,910 $3,380 $13,530
2019 $990 $14,920 $2,980 $11,940
2018 $962 $13,550 $2,710 $10,840
2017 $931 $12,530 $2,500 $10,030
2016 $800 $11,470 $2,290 $9,180
2015 $729 $10,930 $2,180 $8,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6555463

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-14-800