NOT LISTED FOR SALE

2042 E Smoke Tree Rd Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $560,649 - $612,000

3 Beds
2 Baths
2,308 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $564,900 $245 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,301/month

87 Days on Market

Highlights

  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Grass Covered Lot
  • Finley Farms Elementary School Rated A-
  • Central Air
  • 4-minute walk to Finley Farms-Mesquite Park

About This Home

As of February 2022

Vacant! Wonderful single-level 3/2 with den! All tile/wood look laminate in home, no carpet! Granite in kitchen/bathrooms. Primary bathroom has been updated! Stainless steel appliances in the kitchen!
Private backyard w/Baja stove and seating area. Come tour today!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 10/22/2021

Last Buyer's Agent

Swee An Ng

HomeSmart License #SA640711000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1998

Lot Details

  • 7,283 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,308 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Finley Farms South O Association, Phone Number (480) 573-8999
  • Finley Farms South Parcel 15 Subdivision

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 309-11-537

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 1998

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cross Street: S. Greenfield Rd and E. Warner Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 49.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: FINLEY FARMS SOUTH PARCEL 15
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 244.76
  • Association Fees:HOA Fee2: 149.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 2308.0
  • Stories: 1
  • Master Bathroom:Double Sinks: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 149.0
  • Association Fee Frequency: Quarterly
  • Association Name: Finley Farms South O
  • Phone: 480-573-8999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Finley Farms South O
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 7283.0
  • Parcel #: 309-11-537

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1952.0
  • Tax Book Number: 309.00
  • Tax Lot: 78
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 18, 2022
Sold by
Op Spe Phx1 Llc
Bought by
Cheng Alec
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Swee An Ng
HomeSmart
List Price
$575,000
Sold Price
$564,900
Premium/Discount to List
-$10,100
-1.76%
Current Estimated Value
$584,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,012
Avg. Annual Appreciation
0.91%
Original Mortgage
$300,000
Outstanding Balance
$259,646
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$325,266

Purchase Details

Closed on
Nov 18, 2020
Sold by
Lee Wesley L and Lee Patricia A
Bought by
Op Spe Phx1 Llc

Purchase Details

Closed on
Jan 26, 1998
Sold by
Continental Homes Inc
Bought by
Lee Wesley L and Lee Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,700
Interest Rate
7.05%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 1997
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cheng Alec $564,900 First American Title
Op Spe Phx1 Llc $417,000 First American Title Ins Co
Lee Wesley L $140,938 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Alec $300,000
Previous Owner Lee Wesley L $143,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $564,900 0.0% $245 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/13/2022 01/13/22 Price Changed $564,900 -1.8% $245 / Sq Ft
01/01/2022 01/01/22 For Sale $575,000 0.0% $249 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $575,000 -- $249 / 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 $2,235 $24,215 -- --
2024 $2,293 $23,061 -- --
2023 $2,293 $40,830 $8,160 $32,670
2022 $2,229 $31,220 $6,240 $24,980
2021 $1,952 $29,630 $5,920 $23,710
2020 $1,920 $27,630 $5,520 $22,110
2019 $1,767 $25,510 $5,100 $20,410
2018 $1,714 $23,850 $4,770 $19,080
2017 $1,656 $22,380 $4,470 $17,910
2016 $1,706 $21,720 $4,340 $17,380
2015 $1,563 $20,820 $4,160 $16,660
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derek Dickson

    OfferPad Brokerage, LLC

    Derek Dickson
    Section Image
  • Swee An Ng

    Buyer's Agent in 2022

    Swee An Ng

    HomeSmart

    (480) 721-6253

    1 in this area

    3 Total Sales

    Swee An Ng
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6311013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-11-537

Arizona Maricopa County Gilbert 85296 East Gilbert

2042 E Smoke Tree Rd, Gilbert, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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