RENTED DEC 1, 2025

Estimated Value: $442,000 - $505,000

3 Beds
2 Baths
1,080 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 16, 2025

Last sale price $488,500 $452 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,546/month

Highlights

  • Granite Countertops
  • No HOA
  • Kitchen Island
  • Burk Elementary School Rated A-
  • Breakfast Bar
  • Property is near bus stop

About This Home

As of December 2025

Discover this beautiful downtown Gilbert home! Fully remodeled with 3 bedrooms and 2 bathrooms, it's perfect for comfortable living. Enjoy being close to all the amenities of Downtown Gilbert, including top restaurants, coffee shops, and specialty stores. Located near excellent schools and just minutes from US-60. The landlords have plans to enhance the property further by adding a garage and landscaping the backyard. If you're open to moving in while some updates are underway, inquire to see this charming home!

Last Agent to Rent the Property

Linda Chafey

NextHome Source Brokerage Phone: 480-296-8733 License #BR636242000 Listed on: 07/18/2025

NextHome Source

Last Renter's Agent

Linda Chafey

NextHome Source Brokerage Phone: 480-296-8733 License #BR636242000 Listed on: 07/18/2025

NextHome Source

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 1 Open Parking Space

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Gilbert Homes Subdivision

Listing and Financial Details

  • Property Available on 7/18/25
  • $125 Move-In Fee
  • Rent includes gas, gardening service
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Tax Lot 39
  • Assessor Parcel Number 304-11-299

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Rent Includes: Gas, Gardening Service
  • Available Date: 2025-07-18

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Non Assistive Animals: Lessor Approval
  • Rental Info Property Sleeps: 6
  • Initial Move In Costs Admin Fee: 125.0
  • Initial Move In Costs Application Fee: 75.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: GILBERT HOMES
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Granite Counters, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1080.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Sprinklers In Front, Alley, Dirt Back, Gravel/Stone Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 7144.0
  • Parcel #: 304-11-299

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 39
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Oct 28, 2025
Sold by
Chafey Richard Thomas and Chafey Linda
Bought by
218 Park Ave Llc
Seller's Agent
Linda Chafey
NextHome Source
Buyer's Agent
Linda Chafey
NextHome Source
Sold Price
$2,350
Views
50
Current Estimated Value
$476,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,817

Purchase Details

Closed on
Jul 17, 2025
Sold by
Chafey Richard T and Chafey Linda
Bought by
Rick And Linda Chafey Revocable Trust and Chafey

Purchase Details

Listed on
May 1, 2025
Closed on
May 14, 2025
Sold by
Gjt Holdings Llc
Bought by
Chafey Richard T and Chafey Linda
Seller's Agent
Gabriel Trevizo
HomeSmart
Buyer's Agent
Linda Chafey
NextHome Source
List Price
$499,990
Sold Price
$488,500
Premium/Discount to List
-$11,490
-2.3%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.92%
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2025
Closed on
Mar 19, 2025
Sold by
Hatcher Donna M and Odegard Diane F
Bought by
Gjt Holdings Llc
Seller's Agent
Gabriel Trevizo
HomeSmart
Buyer's Agent
Linda Chafey
NextHome Source
List Price
$499,990
Sold Price
$488,500
Premium/Discount to List
-$11,490
-2.3%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2018
Sold by
Odegard Anita and Odegard Frederick H
Bought by
Odegard Frederick H and Odegard Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,082
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 5, 2012
Closed on
Feb 6, 2012
Sold by
Fannie Mae
Bought by
Nordic Properties Llc
Seller's Agent
Erin Kvist
Arrowhead Property Services, LLC
Buyer's Agent
Darci Place
MMRE Advisors
List Price
$65,900
Sold Price
$68,000
Premium/Discount to List
$2,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Dec 28, 2011
Sold by
Macias Hector Manuel and Macias Priscilla Leonarda
Bought by
Federal National Mortgage Association
Seller's Agent
Erin Kvist
Arrowhead Property Services, LLC
Buyer's Agent
Darci Place
MMRE Advisors
List Price
$65,900
Sold Price
$68,000
Premium/Discount to List
$2,100
3.19%

Purchase Details

Closed on
May 3, 2006
Sold by
Macias Hector Manuel
Bought by
Macias Hector Manuel and Macias Priscilla Leonarda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Munguia Julio V and Munguia Maria E
Bought by
Macias Hector Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 25, 2004
Sold by
Macias Priscilla Leonarda
Bought by
Macias Hector Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 30, 1998
Sold by
Simmons Todd
Bought by
Munguia Julio and Munguia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,231
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1996
Sold by
Martin Albertina S
Bought by
Simmons Todd

Purchase Details

Closed on
Sep 9, 1996
Sold by
Welch William R and Welch Lorie L
Bought by
Martin Albertina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,644
Interest Rate
8.23%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
218 Park Ave Llc -- None Listed On Document
Rick And Linda Chafey Revocable Trust -- None Listed On Document
Chafey Richard T $488,500 Navi Title Agency
Gjt Holdings Llc $335,000 American Title Service Agency
Odegard Frederick H -- Magnus Title Agency Llc
Odegard Frederick H $212,500 Magnus Title Agency
Nordic Properties Llc $68,000 Old Republic Title Agency
Federal National Mortgage Association $53,900 Accommodation
Macias Hector Manuel -- Guaranty Title Agency
Macias Hector Manuel -- Grand Canyon Title Agency In
Macias Hector Manuel -- Grand Canyon Title Agency In
Munguia Julio $84,500 Transnation Title Ins Co
Simmons Todd -- First American Title
Martin Albertina S $66,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gjt Holdings Llc $540,000
Previous Owner Odegard Frederick H $70,082
Previous Owner Macias Hector Manuel $135,000
Previous Owner Macias Hector Manuel $24,000
Previous Owner Macias Hector Manuel $96,000
Previous Owner Macias Hector Manuel $96,000
Previous Owner Munguia Julio $83,231
Previous Owner Martin Albertina S $65,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Rented $2,350 0.0% --
11/10/2025 11/10/25 Under Contract -- -- --
08/04/2025 08/04/25 Price Changed $2,350 -6.0% $2 / Sq Ft
07/18/2025 07/18/25 For Rent $2,500 0.0% --
05/16/2025 05/16/25 Sold $488,500 -2.3% $370 / Sq Ft View Prior Sale
05/05/2025 05/05/25 Pending -- -- --
05/04/2025 05/04/25 Price Changed $499,995 0.0% $379 / Sq Ft
05/01/2025 05/01/25 For Sale $499,990 +635.3% $379 / Sq Ft
02/15/2012 02/15/12 Sold $68,000 +3.2% $63 / Sq Ft View Prior Sale
01/31/2012 01/31/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $65,900 -- $61 / 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 $958 $10,555 -- --
2024 $928 $10,052 -- --
2023 $928 $27,030 $5,400 $21,630
2022 $902 $21,210 $4,240 $16,970
2021 $933 $19,300 $3,860 $15,440
2020 $919 $17,520 $3,500 $14,020
2019 $854 $15,530 $3,100 $12,430
2018 $831 $11,850 $2,370 $9,480
2017 $803 $10,470 $2,090 $8,380
2016 $824 $10,020 $2,000 $8,020
2015 $751 $8,980 $1,790 $7,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6894506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-299