$700,000
SOLD DEC 23, 2024
4 Beds
3 Baths
2,590 Sq Ft
0.92 Acres

Recently Sold

$270 Per Sq Ft

36% Below List Price

111 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 0.92 Acre Lot
  • Ashland Elementary School Rated A
  • RV Access or Parking
  • Family Room with Fireplace

About This Home

As of December 2024

Welcome to a unique and rare opportunity to own an acre horse property in the heart of Gilbert. Situated at the end of the neighborhood on a desirable corner lot, this expansive property offers endless potential for those looking to create their dream ranch or equestrian estate.
The lot features ample space for horse facilities, gardens, or any outdoor pursuits you envision. The existing home, though in need of work, provides a solid foundation for renovation and customization to suit your tastes. With a little TLC, this house can be transformed into a charming country retreat.
Opportunities like this are hard to come by in Gilbert. Don't miss your chance to own a piece of prime real estate with the potential to become a stunning horse property. Whether you're an equestrian enthusiast or someone looking for space and tranquility, this property is a true gem.
Contact us today to schedule a viewing and explore the possibilities that await at 1987 S 141st Pl!

Last Agent to Sell the Property

Timmy Le

HomeSmart License #SA687872000 Listed on: 08/20/2024

HomeSmart

Last Buyer's Agent

Timmy Le

HomeSmart License #SA687872000 Listed on: 08/20/2024

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1978

Lot Details

  • 0.92 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,590 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Diving Board

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM
  • Tierra Madre Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 304-43-106-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert & Ray
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.92
  • Subdivision Name: TIERRA MADRE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 2590.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40150.0
  • Parcel #: 304-43-106-A

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 2499.0
  • Tax Book Number: 304.00
  • Tax Lot: 30
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 9, 2024
Sold by
Viloria Betania and Pattison Eduardo
Bought by
Camelback Property Solutions Llc
Seller's Agent
Timmy Le
HomeSmart
Buyer's Agent
Timmy Le
HomeSmart
List Price
$1,099,999
Sold Price
$700,000
Premium/Discount to List
-$399,999
-36.36%
Views
52
Current Estimated Value
$756,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,479
Avg. Annual Appreciation
13.81%
Original Mortgage
$826,900
Outstanding Balance
$824,050
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
-$67,571

Purchase Details

Closed on
Nov 10, 2020
Sold by
Pattison Annabelle A
Bought by
Pattison Eduardo and Viloria Betania

Purchase Details

Closed on
Mar 2, 2007
Sold by
Pattison Robert
Bought by
Pattison Annabelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,800
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $700,000 Clear Title Agency Of Arizona
Warranty Deed $700,000 Clear Title Agency Of Arizona
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed $599,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 Construction
Open $826,900 Construction
Closed $826,900 Construction
Previous Owner $119,800 Credit Line Revolving
Previous Owner $449,250 Purchase Money Mortgage
Previous Owner $432,000 Credit Line Revolving
Previous Owner $264,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $700,000 -6.7% $270 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/05/2024 12/05/24 Price Changed $750,000 -11.8% $290 / Sq Ft
11/25/2024 11/25/24 Price Changed $850,000 -10.5% $328 / Sq Ft
11/21/2024 11/21/24 Price Changed $949,999 -5.0% $367 / Sq Ft
11/01/2024 11/01/24 Price Changed $999,999 -9.1% $386 / Sq Ft
08/20/2024 08/20/24 For Sale $1,099,999 0.0% $425 / Sq Ft
07/01/2014 07/01/14 Rented $2,200 -8.3% --
07/01/2014 07/01/14 Under Contract -- -- --
05/21/2014 05/21/14 For Rent $2,400 -- --
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 $2,477 $34,279 -- --
2024 $2,499 $32,647 -- --
2023 $2,499 $62,700 $12,540 $50,160
2022 $2,423 $47,800 $9,560 $38,240
2021 $2,560 $40,350 $8,070 $32,280
2020 $2,520 $41,830 $8,360 $33,470
2019 $2,316 $32,830 $6,560 $26,270
2018 $2,245 $32,230 $6,440 $25,790
2017 $2,166 $30,860 $6,170 $24,690
2016 $2,242 $30,530 $6,100 $24,430
2015 $2,042 $29,450 $5,890 $23,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-106A