NOT LISTED FOR SALE

2242 E Arabian Dr Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $441,000 - $453,000

3 Beds
2 Baths
1,322 Sq Ft
$339/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $210,000 $159 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,498/month

132 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Tile Flooring
  • Finley Farms Elementary School Rated A-
  • Community Playground
  • Bike Trail

About This Home

As of April 2016

BACK ON MARKET. Great 3 bedroom home in Gilbert with a pool. Great size eat in kitchen with white cabinets built in microwave and large pantry. Large great room with upgraded flooring. Owners suite has a walk in closet and large bathroom. Just minutes from the US-60 freeway and the loop 202.

Last Agent to Sell the Property

Ephrem Jando

Real Broker License #BR552736000 Listed on: 11/04/2015

Real Broker

Last Buyer's Agent

Michael Powers

My Home Group Real Estate License #SA652088000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1996

Lot Details

  • 4,944 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool

Schools

  • Finley Farms Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 304-21-934

Community Details

Overview

  • Association fees include ground maintenance
  • Vision Community Mgt Association, Phone Number (480) 759-4945
  • Built by Continental
  • Finley Farms Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Cross Street: Greenfield and Warner
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 38.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: Finley Farms
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 158.85
  • Association Fees:HOA Fee2: 115.0
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1322.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back, Grass Front, Auto Timer H2O Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 115.0
  • Association Fee Frequency: Quarterly
  • Association Name: Finley Farms
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Finley Farms
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Vision Community MGT
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Finley Farms Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4944.0
  • Parcel #: 304-21-934
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1053.0
  • Tax Book Number: 304.00
  • Tax Lot: 81
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Mar 19, 2016
Sold by
Robles Julia
Bought by
Stevenson Shaun S and Stevenson Marlene I
Seller's Agent
Ephrem Jando
Real Broker
Buyer's Agent
Michael Powers
My Home Group Real Estate
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$448,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,274
Avg. Annual Appreciation
8.16%
Original Mortgage
$206,196
Outstanding Balance
$165,706
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$282,568

Purchase Details

Closed on
Dec 13, 2002
Sold by
Sodano Frank P and Tallman Marsha
Bought by
Robles Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Sparks Alan D and Sparks Sharlie K
Bought by
Sodano Frank P and Tallman Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1997
Sold by
Continental Homes Inc
Bought by
Sparks Alan D and Sparks Sharlie K

Purchase Details

Closed on
Jan 2, 1997
Sold by
Chi Construction Company
Bought by
Continental Homes Inc

Purchase Details

Closed on
Aug 21, 1996
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Stevenson Shaun S $210,000 Lawyers Title Of Arizona Inc
Robles Julia $130,000 Chicago Title Insurance Co
Sodano Frank P $113,700 Lawyers Title Of Arizona Inc
Sparks Alan D $99,409 First American Title
Continental Homes Inc -- First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Shaun S $206,196
Previous Owner Robles Julia $123,500
Previous Owner Sodano Frank P $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 For Sale $210,000 0.0% $159 / Sq Ft
04/28/2016 04/28/16 Sold $210,000 0.0% $159 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $210,000 0.0% $159 / Sq Ft
03/12/2016 03/12/16 Price Changed $210,000 0.0% $159 / Sq Ft
12/19/2015 12/19/15 Off Market $210,000 -- --
11/13/2015 11/13/15 For Sale $205,000 -2.4% $155 / Sq Ft
11/10/2015 11/10/15 Off Market $210,000 -- --
11/04/2015 11/04/15 For Sale $205,000 -- $155 / 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 $1,328 $17,440 -- --
2024 $1,286 $16,610 -- --
2023 $1,286 $30,870 $6,170 $24,700
2022 $1,246 $22,880 $4,570 $18,310
2021 $1,317 $21,410 $4,280 $17,130
2020 $1,296 $19,670 $3,930 $15,740
2019 $1,191 $17,870 $3,570 $14,300
2018 $1,156 $16,400 $3,280 $13,120
2017 $1,116 $15,200 $3,040 $12,160
2016 $1,156 $14,650 $2,930 $11,720
2015 $1,053 $13,820 $2,760 $11,060
Source: Public Records

Agents Affiliated with this Home

  • Ephrem Jando

    Seller's Agent in 2016

    Ephrem Jando

    Real Broker

    (480) 206-3631

    3 in this area

    33 Total Sales

    Ephrem Jando
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Powers

    My Home Group

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5358127

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-21-934

Arizona Maricopa County Gilbert 85296 East Gilbert

2242 E Arabian Dr, 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

Nearby Homes