NOT LISTED FOR SALE

1718 E Sierra Madre Ave Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $447,854 - $475,000

3 Beds
2 Baths
1,445 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $168,000 $116 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,588/month

5 Days on Market

Highlights

  • RV Gated
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Finley Farms Elementary School Rated A-
  • Granite Countertops
  • Tile Flooring

About This Home

As of June 2012

**ATTENTION INVESTORS- TENANT OCCUPIED INCOME PROPERTY** This beautiful and freshly remodeled 3 bedroom 2 bath home in Gilbert's Sonoran Vista sits on a cul-de-sac lot in a well maintained, serene neighborhood. Open floor plan Located near schools, parks, shopping, restaurants, and sporting events. **NOT a SHORT SALE or REO!**

Last Agent to Sell the Property

Leonard Smith

Real Broker License #SA546119000 Listed on: 05/31/2012

Real Broker

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1998

Lot Details

  • 5,807 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Renaissance Association, Phone Number (480) 813-6788
  • Built by Diamond Key Homes
  • Sonoran Vista Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 309-11-626

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 1998

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Cross Street: Val Vista & Elliot
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 40.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1998
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: SONORAN VISTA
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 116.26
  • Association Fees:HOA Fee2: 120.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Granite Counters
  • Living Area: 1445.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 120.0
  • Association Fee Frequency: Quarterly
  • Association Name: Sonoran Vista
  • 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
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Renaissance

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5807.0
  • Parcel #: 309-11-626
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Diamond Key Homes

Tax Info

  • Tax Annual Amount: 1102.0
  • Tax Book Number: 309.00
  • Tax Lot: 4
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 20, 2012
Sold by
Driskell Stacy Lee
Bought by
Driskell John Mark
Seller's Agent
Leonard Smith
Real Broker
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$150,000
Sold Price
$168,000
Premium/Discount to List
$18,000
12%
Current Estimated Value
$461,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,964
Avg. Annual Appreciation
7.73%
Original Mortgage
$120,000
Outstanding Balance
$82,812
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$379,152

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 5, 2012
Sold by
American Residential Income Fund Lp
Bought by
American Residential Realty Lp
Seller's Agent
Leonard Smith
Real Broker
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$150,000
Sold Price
$168,000
Premium/Discount to List
$18,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$82,812
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$379,152

Purchase Details

Closed on
Jan 20, 2012
Sold by
American Residential Realty Lp
Bought by
American Residential Income Fund Lp

Purchase Details

Closed on
Dec 30, 2011
Sold by
Carlon Ashley M
Bought by
American Residential Realty Lp

Purchase Details

Closed on
Aug 8, 2006
Sold by
Carlon Ashley M
Bought by
Carlon Derek C and Carlon Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Carlon Derek C
Bought by
Carlon Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Lepetich Steven M and Lepetich Shelley R
Bought by
Carlon Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Lagodny Adam and Lagodny Shannon
Bought by
Lepetich Steven M and Lepetich Shelley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1998
Sold by
Diamond Key Homes Inc
Bought by
Lagodny Adam and Lagodny Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1998
Sold by
Stardust Development Inc
Bought by
Diamond Key Homes Inc
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
Driskell John Mark -- First American Title Ins Co
Driskell John Mark $160,000 First American Title Ins Co
American Residential Realty Lp -- First American Title Ins Co
American Residential Income Fund Lp -- First American Title Ins Co
American Residential Realty Lp $112,900 None Available
Carlon Derek C -- None Available
Carlon Ashley M -- Chicago Title Co
Carlon Ashley M -- Chicago Title Co
Lepetich Steven M $133,000 Fidelity National Title
Lagodny Adam $128,677 Security Title Agency
Diamond Key Homes Inc $24,435 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driskell John Mark $120,000
Closed Driskell John Mark $120,000
Closed American Residential Realty Lp $120,000
Previous Owner Carlon Derek C $46,000
Previous Owner Carlon Ashley M $127,000
Previous Owner Lepetich Steven M $121,495
Previous Owner Lagodny Adam $122,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $168,000 +13900.0% $116 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
06/01/2012 06/01/12 Rented $1,200 0.0% --
05/31/2012 05/31/12 For Sale $150,000 0.0% $104 / Sq Ft
05/27/2012 05/27/12 Under Contract -- -- --
04/09/2012 04/09/12 For Rent $1,200 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,746 $18,720 -- --
2024 $1,687 $17,828 -- --
2023 $1,687 $32,680 $6,530 $26,150
2022 $1,638 $24,660 $4,930 $19,730
2021 $1,694 $23,170 $4,630 $18,540
2020 $1,668 $21,300 $4,260 $17,040
2019 $1,549 $19,420 $3,880 $15,540
2018 $1,511 $17,880 $3,570 $14,310
2017 $1,463 $16,520 $3,300 $13,220
2016 $1,502 $15,930 $3,180 $12,750
2015 $1,371 $14,900 $2,980 $11,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4767310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-11-626