NOT LISTED FOR SALE

1615 E Palo Blanco Way Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $358,000 - $389,267

2 Beds
2 Baths
1,064 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $150,900 $142 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,094/month

26 Days on Market

Highlights

  • Eat-In Kitchen
  • Double Pane Windows
  • No Interior Steps
  • Finley Farms Elementary School Rated A-
  • Community Playground
  • Tile Flooring

About This Home

As of June 2014

Spacious 2 Bedroom, 2 Bath with Den in highly desirable Gilbert. Home features vaulted ceiling, eat in kitchen and wood laminate floor in den/office. Low maintenance front yard and pool size backyard with covered patio. N/S Exposure. Close to US60 & 202 San Tan, Phx Mesa Gateway Airport. Gilbert Schools. Home has a month to month tenant that would like to stay but will vacate with 30 day notice.

Last Agent to Sell the Property

Tracey Fincher

Russ Lyon Sotheby's International Realty License #SA562792000 Listed on: 04/10/2014

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Lauren Inglese

SERHANT. License #SA650506000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1998

Lot Details

  • 5,754 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Schools

  • Finley Farms Elementary School
  • Greenfield Elementary Middle School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 309-11-735

Community Details

Overview

  • Property has a Home Owners Association
  • Sonoran Vista HOA, Phone Number (480) 813-6788
  • Sonoran Vista Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$761

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Val Vista & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 45.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2013
  • Directions: Val Vista & Elliot - South on Val Vista, East on Palo Blanco Way, Home on Right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.13
  • Subdivision Name: Sonoran Vista
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1064.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Sonoran Vista HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Sonoran Vista HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • 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_: $

Schools

  • Elementary School: Finley Farms Elementary
  • High School: Gilbert High School
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5754.0
  • Parcel #: 309-11-735
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 760.84
  • Tax Book Number: 309.00
  • Tax Lot: 113
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 25, 2014
Sold by
Pedersen Elin
Bought by
Sibounhom Manyvanh
Seller's Agent
Tracey Fincher
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lauren Inglese
SERHANT.
List Price
$151,900
Sold Price
$150,900
Premium/Discount to List
-$1,000
-0.66%
Current Estimated Value
$379,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,417
Avg. Annual Appreciation
8.54%
Original Mortgage
$148,166
Outstanding Balance
$113,238
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$266,079

Purchase Details

Closed on
Oct 30, 2008
Sold by
Pedersen Elin
Bought by
Pedersen Elin and The Elin Pedersen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,507
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Pedersen Elin
Bought by
Pedersen Elin and Elin Pedersen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Pedersen Elin
Bought by
Pedersen Elin and The Elin Pedersen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,600
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2003
Sold by
Pedersen Elin
Bought by
Pedersen Elin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,600
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2003
Sold by
Pedersen Elin
Bought by
Pedersen Elin and The Elin Pedersen Trust

Purchase Details

Closed on
Sep 23, 1998
Sold by
Diamond Key Homes Inc
Bought by
Pedersen Elin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,050
Interest Rate
6.88%
Mortgage Type
New Conventional
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
Sibounhom Manyvanh $150,900 Security Title Agency
Pedersen Elin -- Multiple
Pedersen Elin -- Multiple
Pedersen Elin -- Red Canyon Title Agency Llc
Pedersen Elin -- Red Canyon Title Agency Llc
Pedersen Elin -- Fidelity Title
Pedersen Elin -- Fidelity National Title
Pedersen Elin -- --
Pedersen Elin M $99,365 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibounhom Manyvanh $148,166
Previous Owner Pedersen Elin $103,507
Previous Owner Pedersen Elin $82,500
Previous Owner Pedersen Elin $86,600
Previous Owner Pedersen Elin M $74,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $150,900 -0.7% $142 / Sq Ft
04/10/2014 04/10/14 For Sale $151,900 -- $143 / 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 $994 $13,320 -- --
2024 $1,000 $12,686 -- --
2023 $1,000 $26,850 $5,370 $21,480
2022 $968 $19,530 $3,900 $15,630
2021 $1,022 $18,210 $3,640 $14,570
2020 $1,006 $17,180 $3,430 $13,750
2019 $925 $14,930 $2,980 $11,950
2018 $899 $13,470 $2,690 $10,780
2017 $869 $12,360 $2,470 $9,890
2016 $896 $11,850 $2,370 $9,480
2015 $821 $10,620 $2,120 $8,500
Source: Public Records

Agents Affiliated with this Home

  • Tracey Fincher

    Seller's Agent in 2014

    Tracey Fincher

    Russ Lyon Sotheby's International Realty

    (480) 570-9982

    22 Total Sales

    Tracey Fincher
    Section Image
  • Lauren Inglese

    Buyer's Agent in 2014

    Lauren Inglese

    SERHANT.

    (602) 872-0052

    44 Total Sales

    Lauren Inglese
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5098484

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-11-735

Arizona Maricopa County Gilbert 85296 East Gilbert

1615 E Palo Blanco Way, Gilbert, AZ

This home is located at 1615 E Palo Blanco Way, Gilbert, AZ 85296 since 10 April 2014 and is currently estimated at $379,317, approximately $356 per square foot. This property was built in 1998. 1615 E Palo Blanco Way is a home located in Maricopa County with nearby schools including Finley Farms Elementary School, Greenfield Junior High School, and Gilbert Arts Academy.

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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