NOT LISTED FOR SALE

245 W Verano Place Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $501,453

3 Beds
2 Baths
1,691 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $222,500 $132 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,816/month

Highlights

  • Private Pool
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • Gilbert Elementary School Rated A-
  • Granite Countertops
  • Double Pane Windows

About This Home

As of July 2023

Beautiful Three Bedroom, Two Bathroom Lago Estancia Rental Opportunity- Available Now! Located Just Minutes from Shopping, Dining and Entertainment in Gilbert with Fenced Private Pool! Property Features Low Maintenance Yards, Entrance with Formal Dining Area, Open Kitchen with Granite Counters, Island and Stainless Appliances, Spacious Living Room, Full Hall Bath, Inside Laundry with Washer/Dryer Included As-Is, Master Suite with Walk-In Closet, Dual Sinks, Separate Tub/Shower and the list goes on! Let this Lake Community Home Speak for Itself... You Will Not Be Disappointed! $150 Tenant Set Up, 1% Monthly Admin Fee. No Pets

Last Agent to Rent the Property

Alex C.

Red Hawk Realty License #SA578913000 Listed on: 06/28/2023

Co-Listed By

Gerald Centner

Red Hawk Realty License #BR540392000

Last Renter's Agent

Joseph Ezzat

DeLex Realty License #SA660635000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1994

Lot Details

  • 5,162 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool
  • Fence Around Pool

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Lago Estancia Association, Phone Number (480) 539-1396
  • Parcels 11,12 & 13 Of Lago Estancia Subdivision

Listing and Financial Details

  • Property Available on 6/28/23
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 56
  • Assessor Parcel Number 302-35-164

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,879

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-06-28

Listing Details

  • Cross Street: Gilbert and Warner
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Rental Info H O A Name: Lago Estancia
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 49.95
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on Warner Rd, North on Long Meadow Dr, West on Verano Pl to Property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: reha001
  • Co List Office Phone: 480-396-9766
  • Subdivision Name: PARCELS 11,12 & 13 OF LAGO ESTANCIA
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1691.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Desert Back, Gravel/Stone Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Other, Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Lago Estancia
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5162.0
  • Parcel #: 302-35-164

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 56
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 1, 2023
Sold by
Duong David Q and Tran Tracy H
Bought by
Roles And Verano Llc
Seller's Agent
Alex C.
Red Hawk Realty
Buyer's Agent
Joseph Ezzat
DeLex Realty
Sold Price
$2,295
Views
11
Current Estimated Value
$501,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,158

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 21, 2023
Sold by
Duong David Q and Tran Tracy H
Bought by
Roles And Verano Llc
Seller's Agent
Alex C.
Red Hawk Realty
Buyer's Agent
Joseph Ezzat
DeLex Realty
Sold Price
$2,295
Views
11

Purchase Details

Listed on
Oct 30, 2015
Closed on
Dec 11, 2015
Sold by
Wallace Michael W and Wallace Meri E
Bought by
Tran Tracy H and Duong David Q
Seller's Agent
Kelly Jensen
KJ Elite Realty
Buyer's Agent
Uy Tran
HomeSmart
List Price
$239,000
Sold Price
$222,500
Premium/Discount to List
-$16,500
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Jul 16, 2004
Sold by
Gallovic Mark and Hatzis Elea
Bought by
Wallace Michael W and Wallace Meri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,160
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1999
Sold by
Breckenridge Sean E and Breckenridge Stephanie Hearne
Bought by
Gallovic Mark and Hatzis Elea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1994
Sold by
Bcg Homes Inc
Bought by
Breckenridge Sean E and Breckenridge Stephanie Hearne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
8.52%
Source: Public Records

Range of Values:

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
Roles And Verano Llc -- None Listed On Document
Roles And Verano Llc -- None Listed On Document
Tran Tracy H $225,000 Title365 Agency
Wallace Michael W $177,700 Lawyers Title Ins
Gallovic Mark $133,000 North American Title Agency
Breckenridge Sean E $97,175 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Michael W $142,160
Previous Owner Gallovic Mark $136,900
Previous Owner Breckenridge Sean E $77,700
Closed Wallace Michael W $17,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Rented $2,295 0.0% --
06/29/2023 06/29/23 Under Contract -- -- --
06/28/2023 06/28/23 For Rent $2,295 0.0% --
12/16/2015 12/16/15 Sold $222,500 -4.9% $132 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/28/2015 11/28/15 Price Changed $233,900 -0.3% $138 / Sq Ft
11/21/2015 11/21/15 Price Changed $234,500 -0.2% $139 / Sq Ft
11/12/2015 11/12/15 Price Changed $234,999 -1.3% $139 / Sq Ft
11/08/2015 11/08/15 Price Changed $238,000 -0.4% $141 / Sq Ft
10/28/2015 10/28/15 For Sale $239,000 -- $141 / 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 $1,879 $21,182 -- --
2024 $1,897 $20,173 -- --
2023 $1,897 $35,500 $7,100 $28,400
2022 $1,843 $27,310 $5,460 $21,850
2021 $1,611 $25,410 $5,080 $20,330
2020 $1,586 $23,560 $4,710 $18,850
2019 $1,462 $21,700 $4,340 $17,360
2018 $1,422 $19,710 $3,940 $15,770
2017 $1,376 $18,300 $3,660 $14,640
2016 $1,414 $18,050 $3,610 $14,440
2015 $1,281 $16,820 $3,360 $13,460
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2023

    Alex C.

    Red Hawk Realty

    3 Total Sales

    Alex C.
    Section Image
  • Gerald Centner

    Landlord's Co-Listing Agent in 2023

    Gerald Centner

    Red Hawk Realty

    (480) 560-4229

    1 in this area

    49 Total Sales

    Gerald Centner
    Section Image

  • J

    Tenant's Agent in 2023

    Joseph Ezzat

    DeLex Realty

    (480) 678-0647

    11 Total Sales

    Joseph Ezzat
    Section Image
  • Kelly Jensen

    Seller's Agent in 2015

    Kelly Jensen

    KJ Elite Realty

    (480) 459-0353

    2 in this area

    204 Total Sales

    Kelly Jensen
    Section Image
  • Uy Tran

    Buyer's Agent in 2015

    Uy Tran

    HomeSmart

    (602) 451-4243

    1 in this area

    140 Total Sales

    Uy Tran
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6574150

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-164

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

245 W Verano Place, Gilbert, AZ

This home is located at 245 W Verano Place, Gilbert, AZ 85233 since 28 June 2023 and is currently priced at $501,453. This property was built in 1994. 245 W Verano Place is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite High School.

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