NOT LISTED FOR SALE

2702 S Elm St Unit 1 Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $673,236 - $762,000

3 Beds
2 Baths
2,470 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $334,000 $135 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,972/month

108 Days on Market

Highlights

  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Granite Countertops
  • Quartz Hill Elementary School Rated A-
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of April 2016

Single level 3 bedroom + den, 2 bathrooms in Gilbert Commons. Home has been completely updated in 2005, including upgraded kitchen cabinets with lots of storage, kitchen island with granite counters, tile flooring, black appliances. 3 car extended garage with epoxy floors, a/c, and elec subpanel. Family room has a fireplace and vaulted ceilings. Great home for entertaining. Open floorplan with lots of natural light from solar tubes. Rear yard has green grass and mature trees. Extended covered patio in the rear for outdoor living. Corner lot located across from common area with sport court, playground, and large grassy area. Only neighbors on 1 side.

Last Agent to Sell the Property

Elizabeth Peck

DPR Realty LLC License #SA627380000 Listed on: 12/28/2015

DPR Realty LLC

Last Buyer's Agent

Judie Tunny

Heart and Home Realty License #BR545046000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,470 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Solar Tube

Schools

  • Quartz Hill Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 304-44-729

Community Details

Overview

  • Association fees include ground maintenance
  • Gilbert Commons Association, Phone Number (480) 433-0331
  • Built by CONTINENTAL HOMES
  • Gilbert Commons Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,401

Year Built

Built in 2002

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Cross Street: Gilbert Road & Williams Field Rd/Chandler Blvd
  • Legal Info Range: 6E
  • 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: 74.67
  • Basement: N
  • Bathrooms Year Updated: 2005
  • Items Updated Floor Yr Updated: 2005
  • Items Updated Kitchen Yr Updated: 2005
  • Items Updated Plmbg Yr Updated: 2005
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2005
  • Items Updated Wiring Yr Updated: 2005
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: GILBERT COMMONS UNIT 1
  • Efficiency: Solar Tubes
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 135.22
  • Association Fees:HOA Fee2: 224.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2470.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Solar Screens, Dual Pane
  • 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
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Borders Common Area, Corner Lot, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • 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
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • 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: 224.0
  • Association Fee Frequency: Quarterly
  • Association Name: Gilbert Commons
  • Phone: 480-433-0331
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Gilbert Commons
  • 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: Quartz Hill Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11700.0
  • Parcel #: 304-44-729

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 2401.0
  • Tax Book Number: 304.00
  • Tax Lot: 63
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Lehman Dennis L
Bought by
Lehman Family Trust and Lehman
Current Estimated Value
$718,059

Purchase Details

Listed on
Dec 28, 2015
Closed on
Apr 21, 2016
Sold by
2702 S Elm Street Llc
Bought by
Lehman Dennis L
Seller's Agent
Elizabeth Peck
DPR Realty LLC
Buyer's Agent
Judie Tunny
Heart and Home Realty
List Price
$355,000
Sold Price
$334,000
Premium/Discount to List
-$21,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Arnell Jeffery D and Ashford Ruth A
Bought by
2702 S Elm Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2012
Sold by
2702 S Elm Street Llc
Bought by
Arnett Jeffery D and Ashford Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2009
Sold by
Arnett Jeffery D and Ashford Ruth A
Bought by
2702 S Elm Street Llc

Purchase Details

Closed on
Jun 10, 2002
Sold by
Continental Homes Inc
Bought by
Arnett Jeffery D and Ashford Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,150
Interest Rate
6.86%
Mortgage Type
New Conventional
Source: Public Records
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
Lehman Family Trust -- None Listed On Document
Lehman Dennis L $334,000 First Arizona Title Agency
2702 S Elm Street Llc -- None Available
Arnett Jeffery D -- First American Title Ins Co
2702 S Elm Street Llc -- None Available
Arnett Jeffery D $216,153 Century Title Agency Inc
Continental Homes Inc -- Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnett Jeffery D $130,000
Previous Owner Arnett Jeffery D $136,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2016 04/27/16 Sold $334,000 -4.4% $135 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
01/28/2016 01/28/16 Price Changed $349,500 -1.5% $141 / Sq Ft
12/28/2015 12/28/15 For Sale $355,000 0.0% $144 / Sq Ft
02/17/2014 02/17/14 Rented $1,595 -5.9% --
02/10/2014 02/10/14 Under Contract -- -- --
01/02/2014 01/02/14 For Rent $1,695 -- --
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 $2,162 $33,263 -- --
2024 $2,462 $31,679 -- --
2023 $2,462 $47,680 $9,530 $38,150
2022 $2,385 $36,770 $7,350 $29,420
2021 $2,518 $35,120 $7,020 $28,100
2020 $2,480 $32,350 $6,470 $25,880
2019 $2,278 $30,070 $6,010 $24,060
2018 $2,213 $28,360 $5,670 $22,690
2017 $2,136 $26,720 $5,340 $21,380
2016 $2,213 $24,330 $4,860 $19,470
2015 $2,401 $26,030 $5,200 $20,830
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Elizabeth Peck

    DPR Realty

    (602) 326-9679

    2 Total Sales

    Elizabeth Peck
    Section Image

  • J

    Buyer's Agent in 2016

    Judie Tunny

    Heart and Home Realty

    (480) 694-3034

    5 Total Sales

    Judie Tunny
    Section Image

  • M

    Seller's Agent in 2014

    Michael Noggle

    Bennett Property Management, Inc.

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5377170

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-44-729

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

2702 S Elm St Unit 1, 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