NOT LISTED FOR SALE

161 E Lexington Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $591,000 - $718,000

3 Beds
2.5 Baths
2,097 Sq Ft
$308/Sq Ft Est. Value

Last Sold September 12, 2021

Last sale price $630,150 $301 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,617/month

Highlights

  • Gated Community
  • No HOA
  • Balcony
  • Burk Elementary School Rated A-
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of January 2022

Brand new, luxury 3 bed 2.5 bath townhomes in the heart of DT Gilbert. Units are spread out over two levels, with spacious 1670+SF floorplans, 10'ceilings unique, high-end finishes and premium appliances, a dedicated private backyard space, and oversized 2 car garages. Located within a gated community that includes amenities such as heated pool, pet park, common grass/lounge, and BBQ area. Approximately 300 steps from Gilbert Rd, one of Metro Phoenix's hottest destinations for restaurants and night life. The first of its kind in the DT community of Gilbert, come and see urban living at its finest. WELCOME TO ASPIRE HERITAGE DISTRICT!

Last Agent to Rent the Property

Ivan Elosegui

REI Marketing License #SA675440000 Listed on: 12/10/2021

Co-Listed By

Taylor Clement

Russ Lyon Sotheby's International Realty License #SA691808000

Last Renter's Agent

Devon Heckel

Berkshire Hathaway HomeServices Arizona Properties License #BR645444000

Berkshire Hathaway HomeServices Arizona Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021

Lot Details

  • 1,404 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,097 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Burk Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 12/10/21
  • $200 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 2
  • Assessor Parcel Number 304-15-890

Community Details

Overview

  • No Home Owners Association
  • Built by Apsire Development
  • Aspire Heritage District Subdivision

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-12-10

Listing Details

  • Cross Street: GILBERT/ELLIOTT
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 200.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: reim001
  • Co List Office Phone: 602-715-0232
  • Subdivision Name: ASPIRE HERITAGE DISTRICT
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Kitchen Island
  • Living Area: 2097.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Biking/Walking Path
  • Association: No
  • Pets Allowed: Call

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size Sq Ft: 1404.0
  • Parcel #: 304-15-890

Building Info

  • Builder Name: Apsire Development

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 2
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 26, 2021
Sold by
Bennett William Bryson and Bennett Emily Marilyn
Bought by
Eb Development Llc
Seller's Agent
Dean Selvey
RE/MAX Excalibur
Buyer's Agent
Dean Selvey
RE/MAX Excalibur
List Price
$630,150
Sold Price
$630,150
Current Estimated Value
$645,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,393
Avg. Annual Appreciation
0.56%
Original Mortgage
$407,000
Outstanding Balance
$369,176
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,367

Purchase Details

Closed on
May 2, 2021
Sold by
Eb Development Llc
Bought by
Eb Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
Eb Development Llc -- Accommodation
Bennett William Bryson -- Clear Title
Eb Development Llc -- Accommodation
Bennett William Bryson -- Clear Title
Eb Development Llc -- Accommodation
Bennett William Bryson -- Clear Title
Eb Development Llc $630,150 Empire West Title Agency Llc
Eb Development Llc $630,150 Empire West Title Agency Llc
Eb Development Llc $630,150 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett William Bryson $407,000
Previous Owner Eb Development Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2022 01/12/22 Rented $3,500 0.0% --
12/10/2021 12/10/21 For Rent $3,500 0.0% --
09/12/2021 09/12/21 Sold $630,150 0.0% $299 / Sq Ft View Prior Sale
08/30/2021 08/30/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $630,150 -- $299 / 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 $2,825 $31,117 -- --
2024 $2,735 $29,636 -- --
2023 $2,735 $56,070 $11,210 $44,860
2022 $2,660 $40,120 $8,020 $32,100
2021 $143 $2,340 $2,340 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivan Elosegui

    Landlord's Agent in 2022

    Ivan Elosegui

    REI Marketing

    (321) 747-7461

    22 Total Sales

    Ivan Elosegui
    Section Image

  • T

    Landlord's Co-Listing Agent in 2022

    Taylor Clement

    Russ Lyon Sotheby's International Realty

    Section Image
  • Devon Heckel

    Tenant's Agent in 2022

    Devon Heckel

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 318-9544

    7 Total Sales

    Devon Heckel
    Section Image
  • Dean Selvey

    Seller's Agent in 2021

    Dean Selvey

    RE/MAX

    (480) 254-6444

    21 in this area

    223 Total Sales

    Dean Selvey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6330901

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-890

Arizona Maricopa County Gilbert 85234 Heritage District

161 E Lexington Ave, Gilbert, AZ

Not Listed for Sale

Townhouses

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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