NOT LISTED FOR SALE

206 N Palm St Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $357,826 - $445,000

2 Beds
1 Bath
776 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

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

Est. 37% increase in value since last sale

Current estimated payment $2,071 / mo

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

Realty ONE Group 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

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

4,822 Sq Ft Lot

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
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: GILBERT
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 360.82
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 776.0
  • Stories: 1
  • 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: Wood Frame, Painted
  • Property Condition: Fixer, Under Construction
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Under Construction: Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Window/Wall Unit
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:WallFloor Heat: 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: 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

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

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
May 9, 2024
Sold by
Bought by
Current Estimated Value
$384,457

Purchase Details

Closed on
Dec 21, 2021
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
$271,000
Interest Rate
0.0298%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 11, 2021
Sold by
Bought by
Seller's Agent
Andrea Ortega
Realty ONE Group
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
6.07%
Original Mortgage
$260,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 23, 2015
Sold by
Bought by
Seller's Agent
James Grote
TCT Real Estate
Buyer's Agent
Andrea Ortega
Realty ONE Group
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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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
-- None Listed On Document
-- Security Title Agency Inc
$280,000 Silo Title Agency Llc
$59,000 Clear Title Agency Of Az
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
Previous Owner $271,000
Previous Owner $260,000
Previous Owner $155,000
Previous Owner $22,400
Previous Owner $89,600
Previous Owner $76,000
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 Prior Sale
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 View Prior Sale
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

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 $355 $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

    Realty One Group

    (480) 861-4663

    1 in this area

    33 Total Sales

    Andrea Ortega
    Section Image

  • G

    Buyer's Agent in 2021

    Gilberto Montero

    Real Broker

    Section Image

  • J

    Seller's Agent in 2015

    James Grote

    TCT Real Estate

    Section Image

  • A

    Buyer's Agent in 2015

    Andrea L Ortega

    American Allstar Realty

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 Heritage District

206 N Palm St, Gilbert, AZ

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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