NOT LISTED FOR SALE

248 E Palomino Ct Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $686,000 - $779,000

5 Beds
3 Baths
3,300 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $402,500 $122 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,065/month

25 Days on Market

Highlights

  • Play Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • Mesquite Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2018

PRICE REDUCED FOR QUICK SALE! Beautiful MOVE IN READY Home in a fantastic Gilbert location!!! 5 large bedrooms, 3 with walk-in closets and 3 full baths!!! Natural slate tile and laminate wood flooring throughout. The kitchen boasts a large island w/lots of Modern off white cabinetry and upgraded stainless steel appliances. Formal living and dining rooms and a Huge family room for entertaining! Guest quarters downstairs w/full bath and fireplace. Home has a 3 car garage w/work area and a beautiful sparkling POOL! Located near the community green belt, in a cul de sac, close to DownTown Gilbert!! This home Won't Last!

Last Agent to Sell the Property

Jason LaFlesch

Results Realty License #SA108012000 Listed on: 05/24/2018

Last Buyer's Agent

Geoffrey Adams

Realty ONE Group License #BR627564000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1994

Lot Details

  • 8,120 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 304-23-908

Community Details

Overview

  • Association fees include ground maintenance
  • Settlers Point Association, Phone Number (480) 813-6788
  • Built by New American
  • Settler's Point Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 1994

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Cross Street: Warner/Gilbert Rd
  • 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: 50.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Settler's Point
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 121.97
  • Association Fees:HOA Fee2: 150.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3300.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association Name: Settlers Point
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Settlers Point
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 8120.0
  • Parcel #: 304-23-908

Building Info

  • Builder Name: New American

Tax Info

  • Tax Annual Amount: 2256.0
  • Tax Book Number: 304.00
  • Tax Lot: 122
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Alberstadt Taylor Pierce and Alberstadt Danielle Christine
Bought by
Alberstadt Taylor Pierce and Alberstadt Danielle Christine
Current Estimated Value
$725,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Outstanding Balance
$280,634
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$448,611

Purchase Details

Closed on
Jul 22, 2019
Sold by
Alberstadt Taylor Pierce and Alberstadt Danielle Christine Adams
Bought by
Alberstadt Taylor Pierce and Alberstadt Danielle Christine Adams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Alberstadt Taylor and Alberstadt Danielle
Bought by
Taylor and Danielle Alberstadt Fmtr

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 9, 2018
Sold by
Albertson Scott
Bought by
Albertson Taylor and Albertson Danielle
Seller's Agent
Jason LaFlesch
Results Realty
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$419,000
Sold Price
$402,500
Premium/Discount to List
-$16,500
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$322,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Baldwin Steve and Baldwin Carol
Bought by
Albertson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,273
Interest Rate
4.99%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 1997
Sold by
Thompson Brian J and Thompson Margaret A
Bought by
Baldwin Steve and Baldwin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
7.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 1994
Sold by
New American Homes Settlers Points L L C
Bought by
Thompson Brian J and Thompson Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alberstadt Taylor Pierce -- Fidelity Natl Ttl Agcy Inc
Alberstadt Taylor Plerce -- Fidelity Natl Ttl Agcy Inc
Alberstadt Taylor Pierce -- None Available
Alberstadt Taylor Pierce -- None Available
Taylor -- None Available
Albertson Taylor $402,500 Clear Title Agency Of Arizon
Albertson Scott $281,000 Equity Title Agency Inc
Baldwin Steve $206,000 Lawyers Title Of Arizona Inc
Thompson Brian J $192,250 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberstadt Taylor Plerce $318,000
Closed Alberstadt Taylor Pierce $324,000
Closed Albertson Taylor $322,000
Previous Owner Albertson Scott $290,273
Previous Owner Baldwin Steve $195,700
Previous Owner Thompson Brian J $153,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $402,500 +0.7% $122 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $399,900 -2.2% $121 / Sq Ft
06/06/2018 06/06/18 Price Changed $409,000 -2.2% $124 / Sq Ft
06/01/2018 06/01/18 Price Changed $418,000 -0.2% $127 / Sq Ft
05/24/2018 05/24/18 For Sale $419,000 -- $127 / 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 $2,685 $35,426 -- --
2024 $2,601 $33,739 -- --
2023 $2,601 $50,680 $10,130 $40,550
2022 $2,522 $38,300 $7,660 $30,640
2021 $2,663 $36,630 $7,320 $29,310
2020 $2,621 $34,260 $6,850 $27,410
2019 $2,410 $32,210 $6,440 $25,770
2018 $2,337 $30,550 $6,110 $24,440
2017 $2,256 $29,570 $5,910 $23,660
2016 $2,335 $29,110 $5,820 $23,290
2015 $2,129 $28,950 $5,790 $23,160
Source: Public Records

Agents Affiliated with this Home

  • Jason LaFlesch

    Seller's Agent in 2018

    Jason LaFlesch

    Results Realty

    (602) 369-4663

    9 in this area

    236 Total Sales

    Jason LaFlesch
    Section Image
  • Geoffrey Adams

    Buyer's Agent in 2018

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    5 in this area

    358 Total Sales

    Geoffrey Adams
    Section Image

  • E

    Buyer Co-Listing Agent in 2018

    Emily Hansen

    Realty One Group

    (480) 444-7200

    1 in this area

    29 Total Sales

    Emily Hansen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5770471

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-908

Arizona Maricopa County Gilbert 85296 Heritage District

248 E Palomino Ct, 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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