NOT LISTED FOR SALE

245 E Palo Verde St Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $617,000 - $656,000

3 Beds
2 Baths
2,032 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $240,000 $118 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,438/month

62 Days on Market

Highlights

  • RV Access or Parking
  • 0.32 Acre Lot
  • No HOA
  • Gilbert Elementary School Rated A-
  • Corner Lot
  • Community Playground

About This Home

As of March 2014

Come and see this terrific all one level ranch style pool home with very large yard and pool. Home has new carpeting new int paint and much more.
This home is located in the prime area of the COLONIA GRANDE subdivision very close downtown Gilbert.
You must see this home so your clients can be impressed.Buy this home for as little as 5% down.* Verification on any HOA information and school information will need to be completed by broker representing the Buyer.and Buyer

Last Agent to Sell the Property

Douglas McCowan

#1 National Real Estate Network LLC License #BR549161000 Listed on: 11/06/2013

Last Buyer's Agent

Candice Boggs

HomeSmart License #SA548899000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1981

Lot Details

  • 0.32 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Playground

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 304-23-134

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Colonia Grande Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Cross Street: ELLIOT AND GILBERT
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Subdivision Name: COLONIA GRANDE
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 118.11
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 2032.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Front, Corner Lot
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Mesquite Elementary
  • 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: 13883.0
  • Parcel #: 304-23-134

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1433.0
  • Tax Book Number: 304.00
  • Tax Lot: 50
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2017
Sold by
Lewis Kimberly Lee and Lewis William Terrell
Bought by
Lewis Kimberly Lee and Lewis William Terrell
Current Estimated Value
$632,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Outstanding Balance
$211,488
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$421,298

Purchase Details

Listed on
Nov 6, 2013
Closed on
Jan 9, 2014
Sold by
Fannie Mae
Bought by
Lewis William T and Lewis Kimberly L
Seller's Agent
Douglas McCowan
#1 National Real Estate Network LLC
Buyer's Agent
Candice Boggs
HomeSmart
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$235,653
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2013
Sold by
Brimhall Wade A and Brimhall Carin R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 21, 2006
Sold by
Brimhall L Burdal and Brimhall Nadine W
Bought by
Brimhall Wade A and Brimhall Carin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.57%
Mortgage Type
New Conventional
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
Lewis Kimberly Lee -- First American Title
Lewis William T $240,000 North American Title Company
Federal National Mortgage Association $381,643 None Available
Brimhall Wade A $330,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kimberly Lee $251,200
Previous Owner Lewis William T $235,653
Previous Owner Brimhall Wade A $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $240,000 +4.4% $118 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
12/21/2013 12/21/13 For Sale $229,900 -4.2% $113 / Sq Ft
11/06/2013 11/06/13 Off Market $240,000 -- --
11/06/2013 11/06/13 For Sale $229,900 -- $113 / 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 $1,946 $25,888 -- --
2024 $1,887 $24,655 -- --
2023 $1,887 $43,120 $8,620 $34,500
2022 $1,830 $30,930 $6,180 $24,750
2021 $1,933 $28,670 $5,730 $22,940
2020 $1,903 $26,680 $5,330 $21,350
2019 $1,749 $26,320 $5,260 $21,060
2018 $1,696 $24,350 $4,870 $19,480
2017 $1,636 $22,920 $4,580 $18,340
2016 $1,693 $21,030 $4,200 $16,830
2015 $1,542 $20,320 $4,060 $16,260
Source: Public Records

Agents Affiliated with this Home

  • Douglas McCowan

    Seller's Agent in 2014

    Douglas McCowan

    #1 National Real Estate Network LLC

    (480) 988-7365

    8 Total Sales

    Douglas McCowan
    Section Image

  • C

    Buyer's Agent in 2014

    Candice Boggs

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5026843

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-134

Arizona Maricopa County Gilbert 85296 Heritage District

245 E Palo Verde St, 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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