NOT LISTED FOR SALE

Estimated Value: $821,696 - $956,000

3 Beds
2 Baths
2,214 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $875,000 $395 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,005/month

14 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.15 Acre Lot
  • No HOA
  • Chaparral Elementary School Rated A-
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of May 2022

This home is located at 16540 E Pecos Rd, Gilbert, AZ 85295 since 28 April 2022 and is currently estimated at $897,174, approximately $405 per square foot. This property was built in 1984. 16540 E Pecos Rd is a home located in Maricopa County with nearby schools including Chaparral Elementary School, Williams Field High School, and Cooley Middle School.

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 04/28/2022

Barrett Real Estate

Last Buyer's Agent

John Payne

United CountryReal Estate-Arizona Property & Auction License #BR527355000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1984

Lot Details

  • 1.15 Acre Lot
  • Desert faces the back of the property
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,214 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Chaparral Elementary School - Gilbert
  • Cooley Middle School
  • Williams Field High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304-47-794

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Cross Street: HIGLEY AND PECOS
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2021
  • Directions: WEST ON PECOS. SECOND DRIVEWAY AFTER RACINE ON THE RIGHT HAND SIDE.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.15
  • Subdivision Name: METES AND BOUNDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2214.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Desert Back, Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration, See Remarks
  • Heating: Electric, Other
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Chaparral Elementary School - Gilbert
  • High School: Williams Field High School
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50240.0
  • Parcel #: 304-47-794
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2877.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2010
Sold by
Smith Kenneth B
Bought by
Smith Kenneth B and Smith Daniel D
Total Days on Market
14
Current Estimated Value
$897,174

Purchase Details

Closed on
Oct 5, 2009
Sold by
Smith Neva P
Bought by
Smith Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2009
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 16, 2009
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 2, 2008
Sold by
Delgado Guadalupe A
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Aug 15, 2007
Sold by
Delgado Frankie J
Bought by
Delgado Guadalupe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Schunk Ronald R and Schunk Sheila L
Bought by
Delgado Guadalupe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1997
Sold by
Pressman Abe and Pressman Ruth
Bought by
Schunk Ronald R and Schunk Sheila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
9.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1995
Sold by
Johnson John R and Johnson Jeannine L
Bought by
Pressman Abe and Pressman Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.43%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Smith Kenneth B -- None Available
Smith Kenneth B -- First American Title Ins Co
Smith Kenneth B $218,000 First American Title Ins Co
Federal National Mortgage Association -- Lsi Title Company
Federal National Mortgage Association -- Lsi Title Company
Indymac Bank Fsb $305,000 None Available
Delgado Guadalupe A -- Title Guaranty Agency Az Inc
Delgado Guadalupe A $441,000 Title Guaranty Agency Az Inc
Schunk Ronald R $189,000 Ati Title Agency
Pressman Abe $200,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E & K Pyles Family Trust $399,000
Previous Owner Smith Kenneth B $174,400
Previous Owner Delgado Guadalupe A $417,000
Previous Owner Schunk Ronald R $312,000
Previous Owner Schunk Ronald R $277,500
Previous Owner Schunk Ronald R $151,200
Previous Owner Pressman Abe $80,000
Previous Owner Johnson John R $124,000
Closed Schunk Ronald R $18,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $875,000 -7.9% $395 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $950,000 -- $429 / 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 $2,924 $28,371 -- --
2024 $3,034 $27,020 -- --
2023 $3,034 $54,930 $10,980 $43,950
2022 $2,930 $39,750 $7,950 $31,800
2021 $2,877 $34,450 $6,890 $27,560
2020 $2,901 $30,850 $6,170 $24,680
2019 $2,870 $28,160 $5,630 $22,530
2018 $2,764 $25,670 $5,130 $20,540
2017 $2,683 $24,160 $4,830 $19,330
2016 $2,680 $23,050 $4,610 $18,440
2015 $2,029 $20,980 $4,190 $16,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6390557

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-47-794