NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $2,810,423

2.33 Acres
$772,256 Price per Acre
101,495 Sq Ft Lot

Last Sold January 02, 2018

Last sale price $360,000

Est. 451% increase in value since last sale

Current estimated payment $11,455/month

280 Days on Market

About This Lot

As of January 2018

Excellent location in Gilbert where you can build your new custom home on 2.33 acres of prime, irrigated land! Property has city water and SRP electric. Septic in and connected. Do you run a business from your home but need more space? This might be the perfect land for you! Selling as ''LAND ONLY'', home on property is not livable and does not meet current city code requirements and must be removed. No access to the home will be given. ***Must include Addendum 1 with all offers (see document tab)***. MUST HAVE APPOINTMENT TO ENTER PROPERTY!!! OCCUPIED WITH ANIMALS!! Weekend showings only due to animals on property and the seller's work schedule. Sorry for any inconvenience, but the location is worth it :)

Last Agent to Sell the Property

Sharon Coffman

East Valley Real Estate Group License #BR033546000 Listed on: 01/27/2017

Last Buyer's Agent

Mahshid Dehghan

HomeSmart License #SA665721000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,644

Lot Details

  • 2.33 Acre Lot
  • Property is zoned SF-43

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Community Details

  • No Home Owners Association
  • See Legal Description In Tax Records Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304-43-007-W

Property Details

Property Type

Land

Est. Annual Taxes

$1,644

Lot Details

0

Listing Details

  • Cross Street: Lindsay and Ray
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: SF-43
  • Tax Year: 2016
  • Directions: SOUTH on Lindsay from Ray on the WEST side of the street. DO NOT ENTER THE PROPERTY WITHOUT PRIOR AUTHORIZATION FROM LISTING AGENT! You must set appointment to walk/view this listing on weekends.
  • Lot Size Acres: 2.33
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: See Legal Description In Tax Records
  • Tax Parcel Letter: W
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Irrigation Pipe

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Lot Size: Approximately 616' X 163.89 Buyer To Verify
  • Horse Amenities: Other
  • Lot Size Sq Ft: 101475.0
  • Additional Parcels: No
  • Parcel #: 304-43-007-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1644.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Dec 27, 2017
Sold by
Dehghan Mahshid
Bought by
Afshari Kamran
Seller's Agent
Sharon Coffman
East Valley Real Estate Group
Buyer's Agent
Mahshid Dehghan
HomeSmart
List Price
$499,900
Sold Price
$360,000
Premium/Discount to List
-$139,900
-27.99%
Current Estimated Value
$1,984,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,624,433
Avg. Annual Appreciation
24.07%
Original Mortgage
$180,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2009
Sold by
Denson Deborah Jane
Bought by
Denson Deborah Jane and Johnson James P

Purchase Details

Closed on
Jul 7, 2006
Sold by
Denson Deborah Jane and Mccrite Deborah Jane
Bought by
Denson Deborah Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2002
Sold by
Mccrite Deborah Jane
Bought by
Town Of Gilbert

Purchase Details

Closed on
Feb 3, 2001
Sold by
Mccrite Ronald Craig and Mcrite Ronald Craig
Bought by
Mccrite Deborah Jane
Source: Public Records

Range of Values:

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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
Afshari Kamran -- Empire West Title Agency Llc
Afshari Kamran $360,000 Empire West Title Agency Llc
Denson Deborah Jane -- None Available
Denson Deborah Jane -- Chicago Title Co
Town Of Gilbert -- Fidelity National Title
Mccrite Deborah Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afshari Kamran $1,500,000
Closed Afshari Kamran $1,000,000
Closed Afshari Kamran $1,000,000
Closed Afshari Kamran $180,000
Previous Owner Denson Deborah Jane $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $360,000 -15.3% --
08/31/2017 08/31/17 Price Changed $425,000 -5.3% --
08/11/2017 08/11/17 Price Changed $448,995 -0.2% --
08/01/2017 08/01/17 Price Changed $449,925 0.0% --
06/27/2017 06/27/17 Price Changed $449,950 -10.0% --
01/26/2017 01/26/17 For Sale $499,900 -- --
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 $7,078 $80,942 -- --
2024 $7,115 $77,087 -- --
2023 $7,115 $153,650 $30,730 $122,920
2022 $6,919 $116,130 $23,220 $92,910
2021 $7,157 $96,970 $19,390 $77,580
2020 $7,051 $90,600 $18,120 $72,480
2019 $2,034 $26,510 $5,300 $21,210
2018 $1,646 $26,030 $5,200 $20,830
2017 $1,588 $24,710 $4,940 $19,770
2016 $1,644 $24,560 $4,910 $19,650
2015 $1,497 $22,950 $4,590 $18,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5552341

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-007W