$1,010,000
SOLD AUG 31, 2021
4 Beds
3 Baths
2,856 Sq Ft
1.23 Acres

Recently Sold

$354 Per Sq Ft

8% Below List Price

59 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 1 Fireplace
  • Ashland Elementary School Rated A
  • 1.23 Acre Lot
  • No HOA

About This Home

As of August 2024

Do not miss your chance to see this impeccably maintained custom built home located in the heart of Gilbert! This home has no HOA and features a large lot that could be used for horses or a hobby farm area! This beauty features 4 bedrooms and 3 bathrooms with a spacious open concept floor plan. There are more great things about this home than you could count including dual vanities in the master and jack and jill bathrooms, an extended 3 car garage, and as for the back yard - this modern backyard features a private gazebo which supplies plenty of shade and an immaculate pool that is 32 feet long and 16 feet wide. This pool is 24,000 gallons and has it's very own in floor cleaning system. This home won't be on the market long, so come see it before it's gone!

Last Agent to Sell the Property

Alexander Cowan

HomeSmart Listed on: 05/23/2021

HomeSmart

Co-Listed By

Jason Schenk

Evermore Realty License #SA668370000

Last Buyer's Agent

Karrie Law

RE/MAX Foothills License #SA106335000

RE/MAX Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1997

Lot Details

  • 1.23 Acre Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,856 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Private Pool
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Casa Caballo Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-43-236

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,559

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Ray and Gilbert
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2020
  • Directions: Going south on Gilbert road, take a left on Galveston, take a right on 140th st, property will be on your right.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.23
  • Co List Office Mls Id: trelr001
  • Co List Office Phone: 602-638-2500
  • Subdivision Name: CASA CABALLO
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 2856.0
  • Stories: 1
  • Fireplace:_one_ Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: 53718.0
  • Parcel #: 304-43-236
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3559.0
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 28, 2024
Sold by
Raiola Dominic and Raiola Yvonne
Bought by
Postl Jason and Postl Andrea
Seller's Agent
Karrie Law
RE/MAX Foothills
Buyer's Agent
Rebecca Durfey
Keller Williams Realty Professional Partners
List Price
$3,900,000
Sold Price
$3,250,000
Premium/Discount to List
-$650,000
-16.67%
Total Days on Market
59
Views
573
Current Estimated Value
$2,976,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$273,445
Avg. Annual Appreciation
-10.66%
Original Mortgage
$2,600,000
Outstanding Balance
$2,584,125
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$392,430

Purchase Details

Listed on
May 23, 2021
Closed on
Aug 19, 2021
Sold by
Sanderson Ronald R and Sanderson Rebecca
Bought by
Raiola Dominic and Raiola Yvonne
Seller's Agent
Alexander Cowan
HomeSmart
Buyer's Agent
Karrie Law
RE/MAX Foothills
List Price
$1,100,000
Sold Price
$1,010,000
Premium/Discount to List
-$90,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.83%
Original Mortgage
$808,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1996
Sold by
Hacienda El Dorado Ranches Inc
Bought by
Sanderson Ronald R and Sanderson Rebecca
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 $3,250,000 Empire Title Agency
Warranty Deed $1,010,000 Old Republic Title Agency
Corporate Deed $65,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 New Conventional
Previous Owner $808,000 New Conventional
Previous Owner $148,500 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $155,200 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $217,000 Unknown
Previous Owner $188,805 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $3,250,000 -4.4% $682 / Sq Ft
07/06/2024 07/06/24 Price Changed $3,400,000 -4.9% $714 / Sq Ft
04/25/2024 04/25/24 Price Changed $3,575,000 -3.2% $750 / Sq Ft
04/01/2024 04/01/24 Price Changed $3,695,000 -2.6% $775 / Sq Ft
02/29/2024 02/29/24 Price Changed $3,795,000 -2.7% $796 / Sq Ft
01/12/2024 01/12/24 For Sale $3,900,000 0.0% $818 / Sq Ft
12/30/2023 12/30/23 Off Market $3,900,000 -- --
12/07/2023 12/07/23 Price Changed $3,900,000 -2.5% $818 / Sq Ft
10/21/2023 10/21/23 For Sale $4,000,000 0.0% $839 / Sq Ft
09/29/2023 09/29/23 Off Market $4,000,000 -- --
07/07/2023 07/07/23 For Sale $4,000,000 +296.0% $839 / Sq Ft
08/31/2021 08/31/21 Sold $1,010,000 -1.0% $354 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/05/2021 07/05/21 Price Changed $1,020,000 -4.7% $357 / Sq Ft
06/08/2021 06/08/21 Price Changed $1,070,000 -2.7% $375 / Sq Ft
05/22/2021 05/22/21 For Sale $1,100,000 -- $385 / Sq Ft
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 $5,051 $64,623 -- --
2024 $3,597 $61,546 -- --
2023 $3,597 $78,330 $15,660 $62,670
2022 $3,482 $57,880 $11,570 $46,310
2021 $3,622 $47,220 $9,440 $37,780
2020 $3,559 $44,970 $8,990 $35,980
2019 $3,264 $43,600 $8,720 $34,880
2018 $3,158 $43,280 $8,650 $34,630
2017 $3,035 $41,360 $8,270 $33,090
2016 $3,127 $41,010 $8,200 $32,810
2015 $2,845 $39,350 $7,870 $31,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6240158

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-236