NOT LISTED FOR SALE

243 E Cullumber Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $417,000 - $456,000

3 Beds
2 Baths
1,080 Sq Ft
$403/Sq Ft Est. Value

Last Sold November 23, 2012

Last sale price $135,000 $125 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $2,364/month

Highlights

  • Guest House
  • 1 Fireplace
  • Covered Patio or Porch
  • Burk Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2014

Welcome to this wonderful rental home located in Gilbert! The interior of this beautiful gem begins with an inviting living room that features a custom side fireplace & ample living space to fit your style of living. Continuing on will bring you to into three nice size bedrooms, plus a combined dining area & kitchen fitted with tons of modern amenities! Don’t wait give us a call and make this yours today! This Home is also complemented with a large backyard, tons of storage plus an extended covered patio.

Last Agent to Rent the Property

Malarie Johnson

Ih Sfr Pm LLC License #BR632409000 Listed on: 06/30/2014

Last Renter's Agent

Sam Vega

Vega and Associates Real Estate License #BR531344000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 7,248 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Gilbert Elementary School
  • Gilbert Junior High 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 6/30/14
  • 12-Month Minimum Lease Term
  • Tax Lot 9
  • Assessor Parcel Number 304-11-269

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Available Date: 2014-06-30

Listing Details

  • Cross Street: E Elliot Rd and N Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Gilbert Homes
  • Property Attached Yn: No
  • Construction Brick: Yes
  • Laundry Features Washer Hookup: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1080.0
  • Stories: 1
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Desert Front
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Brick
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7248.0
  • Parcel #: 304-11-269

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 9
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2017
Sold by
2014 1 Ih Borrower L P
Bought by
2017 1 Ih Borrower L P
Current Estimated Value
$435,209

Purchase Details

Closed on
May 30, 2014
Sold by
Thr Phoenix Lp
Bought by
2014 1 Ih Borrower Lp

Purchase Details

Listed on
Oct 19, 2012
Closed on
Nov 19, 2012
Sold by
Bayview Loan Servicing Llc
Bought by
Thr Phoenix Lp
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Danny Perkinson
Perk Prop Real Estate
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Terry Lou Ann
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Terry Louann
Bought by
Terry Louann and Terry David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,250
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2006
Sold by
Terry Louann and Riordan Jenell K
Bought by
Terry Louann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,250
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2004
Sold by
Riordan Michael William
Bought by
Riordan Jenell K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,917
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 1994
Sold by
Fedo Vincent and Fedo Belinda Jean
Bought by
Langston Lou Ann A and Langston Jenell K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,785
Interest Rate
8.6%
Mortgage Type
FHA
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
2017 1 Ih Borrower L P -- None Available
2014 1 Ih Borrower Lp -- None Available
Thr Phoenix Lp $135,000 First American Title Ins Co
Bayview Loan Servicing Llc -- None Available
Terry Louann -- Az Strategic Title Inc
Terry Louann -- Az Strategic Title Inc
Terry Louann -- Az Strategic Title Inc
Riordan Jenell K -- Fidelity National Title
Langston Lou Ann -- Fidelity National Title
Langston Lou Ann A $70,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Louann $133,250
Previous Owner Terry Louann $133,250
Previous Owner Langston Lou Ann $95,917
Previous Owner Langston Lou Ann A $69,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2014 08/09/14 Rented $1,150 -6.1% --
07/28/2014 07/28/14 Under Contract -- -- --
06/30/2014 06/30/14 For Rent $1,225 +6.5% --
03/09/2013 03/09/13 Rented $1,150 0.0% --
03/09/2013 03/09/13 Under Contract -- -- --
02/12/2013 02/12/13 For Rent $1,150 0.0% --
11/23/2012 11/23/12 Sold $135,000 -3.5% $125 / Sq Ft View Prior Sale
11/13/2012 11/13/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $139,900 -- $130 / 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 $1,011 $11,138 -- --
2024 $979 $10,608 -- --
2023 $979 $28,810 $5,760 $23,050
2022 $952 $22,500 $4,500 $18,000
2021 $985 $20,470 $4,090 $16,380
2020 $970 $18,630 $3,720 $14,910
2019 $901 $16,580 $3,310 $13,270
2018 $876 $12,620 $2,520 $10,100
2017 $848 $11,170 $2,230 $8,940
2016 $869 $10,710 $2,140 $8,570
2015 $793 $9,630 $1,920 $7,710
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2014

    Malarie Johnson

    Ih Sfr Pm LLC

    (480) 499-3800

    Malarie Johnson
    Section Image
  • Sam Vega

    Tenant's Agent in 2014

    Sam Vega

    Vega and Associates Real Estate

    (602) 885-8569

    1 in this area

    68 Total Sales

    Sam Vega
    Section Image

  • J

    Seller's Agent in 2013

    Jodie Deaton

    Invitation Homes

    Section Image
  • Geoffrey Adams

    Seller's Agent in 2012

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    5 in this area

    359 Total Sales

    Geoffrey Adams
    Section Image
  • Danny Perkinson

    Buyer's Agent in 2012

    Danny Perkinson

    Perk Prop Real Estate

    (480) 247-1153

    81 Total Sales

    Danny Perkinson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5137712

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-269

Arizona Maricopa County Gilbert 85234 Heritage District

243 E Cullumber 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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