NOT LISTED FOR SALE

165xx E Pecos Rd Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $1,378,000 - $1,535,000

1.12 Acres
$1,287,146 Price per Acre
48,787 Sq Ft Lot

Last Sold May 24, 2017

Last sale price $205,000

Est. 583% increase in value since last sale

Current estimated payment $7,740/month

1 Day on Market

Highlights

  • 1.12 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Chaparral Elementary School Rated A-

About This Lot

As of May 2017

Acre+ lot located in the heart of Gilbert, with excellent location just off the 202 Loop. Close to the booming Mercy Gilbert Medical Campus, Chaparral & San Tan Elementary Schools, Highley HS, and the highly regarded Legacy Traditional School. Local favorites The Barn & Trailside Community Park, Discovery Park, and San Tan Village Marketplace are all closeby. Property features all acre+ neighbors, flat and easily buildable. Call listing agent for utility details.

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 04/24/2017

Compass

Last Buyer's Agent

John Payne

United CountryReal Estate-Arizona Property & Auction License #BR527355000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,654

Lot Details

  • 1.12 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-43

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304-47-801

Property Details

Property Type

Land

Est. Annual Taxes

$1,654

Lot Details

0

Listing Details

  • Cross Street: Pecos / Higley
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2015
  • Lot Size Acres: 1.12
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: Metes and Bounds
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None, Partial
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 165x295
  • Lot Size Sq Ft: 48838.0
  • Additional Parcels: No
  • Parcel #: 304-47-801
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1654.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Brewer and Rebecca
Bought by
Burns Christopher I and Burns Kensey J
Current Estimated Value
$1,399,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$759,983
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$681,621

Purchase Details

Closed on
Oct 25, 2021
Sold by
Brewer Jeremi
Bought by
Brewer Jeremi and Brewer Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2019
Sold by
Brewer Rebecca and Brewer Jeremi
Bought by
Brewer Jeremi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 19, 2017
Sold by
Attila Crystal
Bought by
Brewer Jeremi and Brewer Rebecca
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
John Payne
United CountryReal Estate-Arizona Property & Auction
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%
Original Mortgage
$200,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Burns Christopher I $1,400,000 New Title Company Name
Brewer Jeremi -- First American Title Ins Co
Brewer Jeremi -- Driggs Title Agency Inc
Brewer Jeremi $205,000 Driggs Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Christopher I $800,000
Previous Owner Brewer Jeremi $862,900
Previous Owner Brewer Jeremi $875,000
Previous Owner Brewer Jeremi $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $205,000 -10.9% --
04/22/2017 04/22/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $230,000 -- --
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 $5,146 $58,410 -- --
2024 $5,396 $55,629 -- --
2023 $5,396 $99,260 $19,850 $79,410
2022 $5,783 $73,910 $14,780 $59,130
2021 $5,714 $66,270 $13,250 $53,020
2020 $5,772 $65,380 $13,070 $52,310
2019 $1,903 $28,380 $28,380 $0
2018 $1,829 $29,303 $29,303 $0
2017 $1,777 $38,430 $38,430 $0
2016 $1,610 $37,650 $37,650 $0
2015 $1,654 $38,720 $38,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Montemore

    Seller's Agent in 2017

    Gene Montemore

    Compass

    (480) 529-4363

    79 Total Sales

    Gene Montemore
    Section Image
  • John Payne

    Buyer's Agent in 2017

    John Payne

    United CountryReal Estate-Arizona Property & Auction

    (602) 315-4104

    10 in this area

    103 Total Sales

    John Payne
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5595007

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-47-801

Arizona Maricopa County Gilbert 85295 Higley

165xx E Pecos Rd, Gilbert, AZ

Not Listed for Sale

Lots

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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