J
Seller's Agent in 2018
Jesse Herfel
My Home Group
(602) 705-2232
1759 E Melrose St Gilbert, AZ 85297
South Gilbert NeighborhoodEstimated Value: $733,000
0.96
Acre
$763,542
Price per Acre
41,818
Sq Ft Lot
Highlights
- Horses Allowed On Property
- 0.96 Acre Lot
- No HOA
- Quartz Hill Elementary School Rated A-
About This Lot
As of November 2018GREAT COMMERCIAL/LAND/HORSE OPPORTUNITY AT THE MERCY GILBERT CORRIDOR. CONVENIENTLY LOCATED AT THE CROSS ROADS OF GERMANN AND VAL VISTA. SURROUNDING ACREAGE IS ALSO AVAILABLE FOR PURCHASE. EXCELLENT OPPORTUNITY IN A GROWING LOCATION NEAR FREEWAY ACCESS. HOME SITUATED ON PROPERTY IN GOOD CONDITION; INCOME OPPORTUNITY WHILE PERMITTING IS BEING DONE. DON'T MISS OUT.
Last Agent to Sell the Property
My Home Group Real Estate License #SA513830000 Listed on: 04/27/2018
Last Buyer's Agent
Jesse Herfel
Keller Williams Integrity First License #SA513830000
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,017
Lot Details
- 0.96 Acre Lot
- Property is zoned COMMERCIAL
Horse Facilities and Amenities
- Horses Allowed On Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 304-53-196-C
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 16, 2019
Sold by
Professional Capital Dev Group Llc
Bought by
Melrose Professional Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Outstanding Balance
$2,504,252
Interest Rate
4%
Mortgage Type
Small Business Administration
Purchase Details
Listed on
Apr 27, 2018
Closed on
Nov 20, 2018
Sold by
Melrose 1759 Llc
Bought by
Professional Capital Developmen Group Ll
Seller's Agent
Jesse Herfel
My Home Group Real Estate
Buyer's Agent
Jesse Herfel
My Home Group Real Estate
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2016
Sold by
Caballero Craig and Craig Caballero M
Bought by
Melrose 1759 Llc
Purchase Details
Closed on
Jan 21, 2004
Sold by
C & B Dairy Lllp
Bought by
Caballero Farms Lllp
Purchase Details
Closed on
Dec 10, 2001
Sold by
Cole Maudie L
Bought by
Caballero Craig
Purchase Details
Closed on
Oct 15, 2001
Sold by
Caballero Codee
Bought by
Caballero M Craig
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melrose Professional Investments Llc | -- | Fidelity Natl Ttl Agcy Inc | |
| Professional Capital Developmen Group Ll | $550,000 | Fidelity National Title Agen | |
| Melrose 1759 Llc | -- | None Available | |
| Caballero Farms Lllp | -- | Fidelity National Title | |
| Caballero Craig | $205,000 | Stewart Title & Trust | |
| Caballero M Craig | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melrose Professional Investments Llc | $2,860,000 | |
| Previous Owner | Professional Capital Developmen Group Ll | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2018 11/28/18 | Sold | $550,000 | -7.6% | -- |
| 04/27/2018 04/27/18 | For Sale | $595,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $20,413 | $222,712 | -- | -- |
| 2024 | $20,992 | $218,735 | -- | -- |
| 2023 | $20,992 | $394,281 | $100,844 | $293,437 |
| 2022 | $21,015 | $358,103 | $84,875 | $273,228 |
| 2021 | $2,691 | $34,580 | $6,910 | $27,670 |
| 2020 | $2,647 | $33,070 | $6,610 | $26,460 |
| 2019 | $2,470 | $28,960 | $5,790 | $23,170 |
| 2018 | $2,392 | $26,700 | $5,340 | $21,360 |
| 2017 | $2,318 | $25,010 | $5,000 | $20,010 |
| 2016 | $2,006 | $23,570 | $4,710 | $18,860 |
Source: Public Records
Agents Affiliated with this Home
-
Jesse Herfel
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5758118
APN: 304-53-196C
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.
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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