NOT LISTED FOR SALE

Estimated Value: $527,500

0.19 Acres
$2,776,316 Price per Acre
8,428 Sq Ft Lot

Sale Details

Date Sold: August 14, 2013

Last sale price $25,000

Est. 2,010% increase in value since last sale

Current estimated payment $2,956 / mo

90 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Water Tower Plaza
  • Burk Elementary School Rated A-

About This Lot

As of August 2013

Property is located just off Gilbert Road in the Downtown Historic District. It is zoned for multiple dwellings, walk to downtown eateries, museums and much more!

Last Agent to Sell the Property

John Marselis

RAB Realty, LLC License #SA547325000 Listed on: 05/06/2013

Last Buyer's Agent

Kathy Howard

HomeSmart License #SA634837000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $451

Lot Details

  • 8,428 Sq Ft Lot
  • Property fronts an alley
  • Level Lot

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 304-11-083-T

Property Details

Property Type

Land

Est. Annual Taxes

$451

Lot Details

8,428 Sq Ft Lot

Listing Details

  • Cross Street: Gilbert Rd & Cullumber Ave
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: Residential
  • Tax Year: 2012
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: T
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size: 49x172
  • Lot Size Sq Ft: 8428.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-11-083-T
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 451.02
  • Tax Book Number: 304.00
  • Tax Lot: 13
  • Tax Map Number: 11.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Bought by
Current Estimated Value
$527,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,225,000
Outstanding Balance
$2,130,382
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,602,882

Purchase Details

Closed on
Aug 29, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bought by

Purchase Details

Closed on
May 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.1%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,150
Interest Rate
7.8%
Mortgage Type
New Conventional
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,825,000 Heritage Ranch Owners Llc
$1,500,000 Old Republic Title Agency
$100,000 Lawyers Title Of Arizona Inc
$286,001 Accommodation
-- None Available
-- Equity Title Agency Inc
$338,000 Equity Title Agency Inc
-- --
-- Transnation Title
-- --
-- --
$223,000 Capital Title Agency Inc
-- Capital Title Agency Inc
$160,000 Chicago Title Insurance Co
-- Nations Title Insurance
-- --
-- --
$77,000 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,225,000
Previous Owner $1,430,000
Previous Owner $50,700
Previous Owner $253,500
Previous Owner $253,500
Previous Owner $71,500
Previous Owner $128,000
Previous Owner $75,000
Previous Owner $53,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $25,000 -49.0% --
07/30/2013 07/30/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $49,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,349 $14,863 -- --
2024 $1,306 $14,155 -- --
2023 $1,306 $58,220 $11,640 $46,580
2022 $1,271 $49,730 $9,940 $39,790
2021 $1,314 $40,420 $8,080 $32,340
2020 $1,295 $32,170 $6,430 $25,740
2019 $1,203 $26,480 $5,290 $21,190
2018 $1,170 $22,230 $4,440 $17,790
2017 $1,131 $18,030 $3,600 $14,430
2016 $1,160 $16,360 $3,270 $13,090
2015 $1,058 $13,670 $2,730 $10,940
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4931854

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-085

Your Personal Tour Guide

Ask me questions while you tour the home.