NOT LISTED FOR SALE

224 E Bruce Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $343,000 - $453,000

3 Beds
2 Baths
1,183 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 30, 2013

Last sale price $134,500 $114 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,128/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • Wood Fence
  • Burk Elementary School Rated A-
  • Eat-In Kitchen
  • 5-minute walk to John Allen Park

About This Home

As of November 2013

This is a single story house with 3 bedrooms & 2 bathrooms.

2.5% admin fee plus city taxes added to monthly rent. $100 of security deposit is non refundable admin fee. Tenant to verify utilities.

Last Agent to Rent the Property

Chelsea Sain

Invitation Homes License #BR649071000 Listed on: 08/13/2013

Invitation Homes

Last Renter's Agent

Brittney Sanchez

My Home Group Real Estate License #SA645347000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 6,490 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Property Available on 8/13/13
  • 12-Month Minimum Lease Term
  • Tax Lot 31
  • Assessor Parcel Number 304-11-226

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Available Date: 2013-08-13

Listing Details

  • Cross Street: Gilbert and Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Year Built: 1972
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: College Park
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement: None
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1183.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 6490.0
  • Parcel #: 304-11-226
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 31
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$391,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,225
Outstanding Balance
$911,144
Interest Rate
4.44%
Mortgage Type
Construction
Estimated Equity
-$519,287

Purchase Details

Closed on
Mar 18, 2015
Sold by
Ih2 Property Phoenix Lp
Bought by
2015-2 Ih2 Borrower Lp

Purchase Details

Listed on
May 23, 2013
Closed on
Jun 18, 2013
Sold by
Mabb Jason
Bought by
Ih2 Property Phoenix Lp
Seller's Agent
Chris Dunham
Brokers Hub Realty, LLC
Buyer's Agent
Sarah Parker
Dave Johnson Realty
List Price
$149,000
Sold Price
$134,500
Premium/Discount to List
-$14,500
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Mabb Crystal M
Bought by
Mabb Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2009
Sold by
Rogers David Kim
Bought by
Rogers Thomas K and Rogers Mindy K

Purchase Details

Closed on
Jun 15, 2000
Sold by
Smith Rogers Walter Charles and Smith Rogers Julia
Bought by
Smith Rogers Walter Charles and Smith Rogers Julia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2018 2 Ih Borrower Lp -- Os National Llc
2015-2 Ih2 Borrower Lp -- None Available
Ih2 Property Phoenix Lp $130,000 American Title Service Agenc
Mabb Jason -- Magnus Title Agency
Mabb Jason $83,000 Magnus Title Agency
Rogers Thomas K $75,000 Title Management Agency Of A
Smith Rogers Walter Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $1,057,225
Previous Owner Mabb Jason $81,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2013 11/01/13 Rented $950 -17.7% --
10/08/2013 10/08/13 Under Contract -- -- --
08/13/2013 08/13/13 For Rent $1,155 0.0% --
06/30/2013 06/30/13 Sold $134,500 -9.7% $97 / Sq Ft View Prior Sale
05/23/2013 05/23/13 For Sale $149,000 -- $107 / 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 $972 $10,707 -- --
2024 $941 $10,197 -- --
2023 $941 $27,430 $5,480 $21,950
2022 $915 $21,260 $4,250 $17,010
2021 $947 $20,260 $4,050 $16,210
2020 $933 $17,860 $3,570 $14,290
2019 $866 $12,270 $2,450 $9,820
2018 $843 $12,100 $2,420 $9,680
2017 $815 $10,700 $2,140 $8,560
2016 $836 $9,350 $1,870 $7,480
2015 $762 $9,910 $1,980 $7,930
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2013

    Chelsea Sain

    Invitation Homes

    (480) 685-7963

    Chelsea Sain
    Section Image
  • Chris Dunham

    Seller's Agent in 2013

    Chris Dunham

    Brokers Hub Realty, LLC

    (602) 321-6188

    1 in this area

    92 Total Sales

    Chris Dunham
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Marjorie Aldrich

    Clayton Nash Real Estate

  • B

    Tenant's Agent in 2013

    Brittney Sanchez

    My Home Group

    Section Image

  • S

    Buyer's Agent in 2013

    Sarah Parker

    Dave Johnson Realty

    10 Total Sales

    Sarah Parker
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4982528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-226

Arizona Maricopa County Gilbert 85234 Heritage District

224 E Bruce Ave, 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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