NOT LISTED FOR SALE

161 W Commerce Ct Unit 45 Gilbert, AZ 85233

Heritage District Neighborhood

Estimated Value: $365,900 - $414,000

3 Beds
2 Baths
1,464 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $88,000 $60 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $2,177/month

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Granite Countertops
  • Vaulted Ceiling
  • Santa Barbara Architecture
  • Heated Community Pool

About This Home

As of July 2017

Beautifully upgraded home in Old Town Gilbert location. Wood floors, cherry cabinets and granite countertops are just a few of the features of this home. This home includes all appliances and window coverings on all windows. The home includes a 2 car garage. Arborwalk is walking distance from the new, hip restaurants on Gilbert Road. Arborwalk includes a swimming pool and park plus tree lined streets. Residents must park their vehicles in the garage. Some oversized trucks may not fit in the garage.

Last Agent to Rent the Property

Reed Porter

RSP New Village Homes License #BR013864000 Listed on: 06/14/2017

Last Renter's Agent

Meredith Whatcott

HomeSmart License #SA521550000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • 806 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Siding
  • Stucco

Interior Spaces

  • 1,464 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Playground
  • The property is located in a historic district

Listing and Financial Details

  • Property Available on 7/1/17
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 45
  • Assessor Parcel Number 302-14-805

Community Details

Overview

  • Property has a Home Owners Association
  • Arborwalk HOA, Phone Number (602) 692-5369
  • Built by Classic Communities
  • Arbor Walk Amd Subdivision, 817 Plan

Recreation

  • Community Playground
  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Gardening Service
  • Available Date: 2017-07-01

Listing Details

  • Cross Street: Gilbert Road/Guadalupe Road
  • 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: Arborwalk HOA
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: 817 Plan
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Subdivision Name: ARBOR WALK AMD
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm, Granite Counters
  • Living Area: 1464.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Historic District: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Playground
  • Lot Features: Alley, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: None
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer, Painted, Stucco, Siding, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Historic District, Pool, Playground
  • Association Name: Arborwalk HOA
  • Phone: 602-692-5369
  • Association: Yes

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Gilbert High School
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Lot Size Sq Ft: 806.0
  • Parcel #: 302-14-805
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Classic Communities

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 45
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Sunset Glade Llc
Bought by
Rada Jennifer
Current Estimated Value
$398,975

Purchase Details

Closed on
Sep 30, 2015
Sold by
161 Commerce Llc
Bought by
Sunset Glade Llc

Purchase Details

Closed on
Sep 25, 2015
Sold by
161 Commerce Llc
Bought by
Sunset Glade Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Porter Reed and Porter Sabrina
Bought by
161 Commerce Llc

Purchase Details

Listed on
May 18, 2011
Closed on
Dec 30, 2011
Sold by
Rauch Katelyn and Rauch Danny
Bought by
Porter Reed and Porter Sabrina
Seller's Agent
Dmitrius Whelan-Gonzales
Realty Exchange
Buyer's Agent
Reed Porter
RSP New Village Homes
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Sep 23, 2004
Sold by
Classic Communities Inc
Bought by
Rauch Katelyn and Rauch Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Rada Jennifer $273,000 First Arizona Title Agency
Sunset Glade Llc -- Thomas Title & Escrow
Sunset Glade Llc -- None Available
161 Commerce Llc -- None Available
Porter Reed $88,000 North American Title Company
Rauch Katelyn $159,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rauch Katelyn $126,250
Closed Rauch Katelyn $31,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2017 07/15/17 Rented $1,300 0.0% --
06/15/2017 06/15/17 Under Contract -- -- --
06/13/2017 06/13/17 For Rent $1,300 +26.8% --
03/22/2014 03/22/14 Rented $1,025 -6.8% --
03/20/2014 03/20/14 Under Contract -- -- --
02/08/2014 02/08/14 For Rent $1,100 0.0% --
02/22/2013 02/22/13 Rented $1,100 0.0% --
02/19/2013 02/19/13 Under Contract -- -- --
02/13/2013 02/13/13 For Rent $1,100 0.0% --
01/12/2012 01/12/12 Sold $88,000 -11.1% $60 / Sq Ft View Prior Sale
05/18/2011 05/18/11 For Sale $99,000 -- $68 / 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 $1,264 $13,922 -- --
2024 $1,224 $13,259 -- --
2023 $1,224 $29,620 $5,920 $23,700
2022 $1,190 $22,750 $4,550 $18,200
2021 $1,231 $20,630 $4,120 $16,510
2020 $1,213 $18,880 $3,770 $15,110
2019 $1,127 $16,760 $3,350 $13,410
2018 $1,096 $15,220 $3,040 $12,180
2017 $1,060 $14,180 $2,830 $11,350
2016 $1,086 $13,100 $2,620 $10,480
2015 $991 $12,510 $2,500 $10,010
Source: Public Records

Agents Affiliated with this Home

  • Reed Porter

    Landlord's Agent in 2017

    Reed Porter

    RSP New Village Homes

    (602) 692-5369

    3 Total Sales

    Reed Porter
    Section Image

  • M

    Tenant's Agent in 2017

    Meredith Whatcott

    HomeSmart

    (602) 570-5220

    8 Total Sales

    Meredith Whatcott
    Section Image
  • Susan Wood

    Buyer's Agent in 2013

    Susan Wood

    Maple & Main Real Estate

    (480) 593-1540

    5 Total Sales

    Susan Wood
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5619506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-14-805

Arizona Maricopa County Gilbert 85233 Heritage District

161 W Commerce Ct Unit 45, 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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