NOT LISTED FOR SALE

206 N Palm St Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $325,076 - $389,000

2 Beds
1 Bath
776 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $280,000 $361 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,051/month

1 Day on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Eat-In Kitchen
  • Burk Elementary School Rated A-
  • No HOA
  • 5-minute walk to Water Tower Plaza

About This Home

As of March 2021

Gilbert's Heritage district! Great investment opportunity! Property has tremendous potential. Finish the renovations with your own touches! Walking distance to downtown Gilbert. Nice size lot. Home is sold AS IS. No repairs will be made. Owner was in the process of doing renovations!

Last Agent to Sell the Property

Andrea Ortega

American Allstar Realty License #SA116256000 Listed on: 02/26/2021

Last Buyer's Agent

Gilberto Montero

Real Broker License #SA677557000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $341

Year Built

  • Built in 1940 | Under Construction

Lot Details

  • 4,822 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Private Yard

Parking

  • 2 Open Parking Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Siding

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Gilbert Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 7
  • Assessor Parcel Number 304-11-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$341

Year Built

Built in 1940 | Under Construction

Lot Details

0

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2020
  • Directions: East on Gilbert Rd, East on Page, N on Palm, home on the west side of street
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: GILBERT
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 776.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Private Yard
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Siding, Frame - Wood
  • Property Condition: Under Construction, Fixer
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Floor Furnace, Wall Furnace
  • Water Source: City Water
  • Heating:WallFloor Heat: 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: Gilbert Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4822.0
  • Parcel #: 304-11-073
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 341.0
  • Tax Block: 7
  • Tax Book Number: 304.00
  • Tax Lot: 7
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Tlp Ventures Llc
Bought by
206 Palm Llc
Total Days on Market
1
Current Estimated Value
$360,269

Purchase Details

Closed on
Dec 21, 2021
Sold by
Walker Denise and Walker Templeton
Bought by
Walker Templeton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 11, 2021
Sold by
Steving Ryan and Steving Karrie
Bought by
Tlp Ventures Llc
Seller's Agent
Andrea Ortega
American Allstar Realty
Buyer's Agent
Gilberto Montero
Real Broker
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$260,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 23, 2015
Sold by
Gillum David W
Bought by
Steving Ryan K and Steving Karrie
Seller's Agent
James Grote
TCT Real Estate
Buyer's Agent
Andrea Ortega
American Allstar Realty
List Price
$55,000
Sold Price
$59,000
Premium/Discount to List
$4,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.29%
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 Buyer Sale Price Title Company
206 Palm Llc -- None Listed On Document
Walker Templeton -- Security Title Agency Inc
Tlp Ventures Llc $280,000 Silo Title Agency Llc
Steving Ryan K $59,000 Clear Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Templeton $271,000
Previous Owner Tlp Ventures Llc $260,000
Previous Owner Gillum David W $155,000
Previous Owner Gillum David Wayne $22,400
Previous Owner Gillum David W $89,600
Previous Owner Gillum David W $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $280,000 +1.8% $361 / Sq Ft
02/26/2021 02/26/21 For Sale $275,000 +366.1% $354 / Sq Ft
06/26/2015 06/26/15 Sold $59,000 +7.3% $93 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $55,000 -- $86 / 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 $342 $3,913 -- --
2024 $344 $3,727 -- --
2023 $344 $20,780 $4,150 $16,630
2022 $335 $15,230 $3,040 $12,190
2021 $346 $11,210 $2,240 $8,970
2020 $341 $8,910 $1,780 $7,130
2019 $317 $6,650 $1,330 $5,320
2018 $308 $5,180 $1,030 $4,150
2017 $298 $4,760 $950 $3,810
2016 $305 $4,520 $900 $3,620
2015 $233 $4,060 $810 $3,250
Source: Public Records

Agents Affiliated with this Home

  • Andrea Ortega

    Seller's Agent in 2021

    Andrea Ortega

    American Allstar Realty

    (480) 861-4663

    2 in this area

    56 Total Sales

    Andrea Ortega
    Section Image
  • Gilberto Montero

    Buyer's Agent in 2021

    Gilberto Montero

    Real Broker

    (480) 235-6474

    4 in this area

    31 Total Sales

    Gilberto Montero
    Section Image
  • James Grote

    Seller's Agent in 2015

    James Grote

    TCT Real Estate

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6199869

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-073

Arizona Maricopa County Gilbert 85234 Downtown Gilbert

206 N Palm St, Gilbert, AZ

This home is located at 206 N Palm St, Gilbert, AZ 85234 since 26 February 2021 and is currently estimated at $360,269, approximately $464 per square foot. This property was built in 1940. 206 N Palm St is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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