NOT LISTED FOR SALE

2771 E Terrace Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $482,000 - $525,000

4 Beds
2 Baths
1,668 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $251,000 $150 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,699/month

26 Days on Market

Highlights

  • Heated Spa
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Pioneer Elementary School Rated A-
  • Granite Countertops
  • Gazebo

About This Home

As of June 2017

*Spectacular Gilbert Location! *Single level *4 Bedrooms *2 Full Bathrooms *2 Car Garage + SPA! *2 YEAR HOME WARRANTY! *Great room floorplan! *Vaulted Ceilings! *Chefs Kitchen *Granite Counters & Island *S-Steel Appliances *Refrigerator *Dining Area *Lots of Cabinets *Tile thru *Ceiling fans *Fresh interior paint *Blinds *Security Sys *Spacious Master Suite! *Covered Patio *Grassy backyard with SPA! *Mature Citrus Trees & Putting Green! *N/S Exposure *Close to US 60, Malls, Dining, Golf & Great Schools! You'll Love it!

Last Agent to Sell the Property

Tanya Grantham

JK Realty License #SA527971000 Listed on: 04/10/2017

JK Realty

Last Buyer's Agent

James Walsh

Balboa Realty, LLC License #SA655338000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1998

Lot Details

  • 5,506 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Schools

  • Pioneer Elementary School - Gilbert
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 27
  • Assessor Parcel Number 304-08-544

Community Details

Overview

  • Property has a Home Owners Association
  • Tri City Property Mg Association, Phone Number (480) 844-2224
  • Built by Ryland Homes
  • Tone Estates Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline & Greenfield
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 53.24
  • 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: 1998
  • Spa Private: Yes
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.13
  • Subdivision Name: Tone Estates
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 150.47
  • Association Fees:HOA Fee2: 159.72
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: Above Ground, Heated, Private
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1668.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric 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: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Tone Estates
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Tone Estates
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City Property Mg
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Schools

  • Elementary School: Pioneer Elementary School - Gilbert
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5506.0
  • Parcel #: 304-08-544
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland Homes

Tax Info

  • Tax Annual Amount: 1619.0
  • Tax Book Number: 304.00
  • Tax Lot: 27
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Ozturk Cahit
Bought by
Ozturk Cahit and Ozturk Hulya
Current Estimated Value
$489,073

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 23, 2017
Sold by
Ozturk Hulya
Bought by
Ozturk Cahit
Seller's Agent
Tanya Grantham
JK Realty
Buyer's Agent
James Walsh
Balboa Realty, LLC
List Price
$259,900
Sold Price
$251,000
Premium/Discount to List
-$8,900
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$238,450
Outstanding Balance
$197,589
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$299,045

Purchase Details

Closed on
May 26, 2002
Sold by
Drake Mary Kay
Bought by
Drake Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,811
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2002
Sold by
Hickey Brian T and Hickey Patricia E
Bought by
Drake Patrick W and Kraus Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,811
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1998
Sold by
Ryland Homes Of Arizona Inc
Bought by
Hickey Brian T and Hickey Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,150
Interest Rate
6.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ozturk Cahit -- Accommodation
Ozturk Cahit -- American Title Service Agenc
Oztuek Cahir $251,000 American Title Service Agenc
Drake Patrick W -- First Southwestern Title
Drake Patrick W $149,900 First Southwestern Title
Hickey Brian T $125,139 Transnation Title Insurance
Ryland Homes Of Arizona Inc $86,331 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozturk Cahit $238,450
Previous Owner Drake Patrick W $147,811
Previous Owner Hickey Brian T $82,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $251,000 -1.6% $150 / Sq Ft
04/30/2017 04/30/17 Price Changed $255,000 -1.9% $153 / Sq Ft
04/10/2017 04/10/17 For Sale $259,900 0.0% $156 / Sq Ft
04/05/2013 04/05/13 Rented $1,350 +3.8% --
03/29/2013 03/29/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent $1,300 0.0% --
01/20/2012 01/20/12 Rented $1,300 -7.1% --
01/01/2012 01/01/12 Under Contract -- -- --
11/11/2011 11/11/11 For Rent $1,400 -- --
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 $1,528 $20,131 -- --
2024 $1,524 $19,172 -- --
2023 $1,524 $33,770 $6,750 $27,020
2022 $1,476 $25,570 $5,110 $20,460
2021 $1,553 $23,980 $4,790 $19,190
2020 $1,528 $22,280 $4,450 $17,830
2019 $1,406 $20,350 $4,070 $16,280
2018 $1,365 $18,810 $3,760 $15,050
2017 $1,318 $17,410 $3,480 $13,930
2016 $1,619 $16,850 $3,370 $13,480
2015 $1,476 $16,280 $3,250 $13,030
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tanya Grantham

    JK Realty

    (480) 733-8500

    11 Total Sales

    Tanya Grantham
    Section Image

  • J

    Buyer's Agent in 2017

    James Walsh

    Balboa Realty, LLC

    (480) 256-8097

    13 Total Sales

    James Walsh
    Section Image

  • E

    Buyer's Agent in 2012

    Erik Shaffer

    Century 21 Arizona Foothills

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5588302

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-08-544

Arizona Maricopa County Gilbert 85234 Val Vista

2771 E Terrace Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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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