NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,292,000

5 Beds
2 Baths
2,512 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $885,000 $352 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,527/month

2 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 1.03 Acre Lot
  • Pioneer Elementary School Rated A-
  • RV Gated
  • 4-minute walk to Eastern Canal Trail

About This Home

As of May 2022

This is a rare opportunity to own a piece of Gilbert! This irrigated horse property is situted in the higly sought after White Fence Farms subdivision. An addition to the property is a 2000 sq ft Guest house . The property is over 1 acre, needs a lot of TLC-but the possiblilites are ENDLESS. Whether you are an investor looking for a flip in a fabulous part of Gilbert or a wanting to take on a project and make this home your own with an open canvas for personalizing- YOU DON'T WANT TO MISS THIS ONE.

Last Agent to Sell the Property

Mary Ann Chapman

Rosenbaum Realty Group License #SA546823000 Listed on: 04/15/2022

Last Buyer's Agent

Gilberto Montero

Real Broker License #SA677557000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1978

Lot Details

  • 1.03 Acre Lot
  • Chain Link Fence
  • Grass Covered Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Garage
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,512 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Highland Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • No Interior Steps
  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 304-08-091

Community Details

Overview

  • Association fees include street maintenance
  • White Fence Farms IV Association, Phone Number (480) 540-4123
  • Built by Uknown
  • White Fence Farms 4 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,159

Year Built

Built in 1978

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Cross Street: Greenfield and Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 10.0
  • Basement: N
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.03
  • Subdivision Name: WHITE FENCE FARMS 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 352.3
  • Association Fees:HOA Fee2: 120.0
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 2512.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Wood Frame, Painted, Brick
  • Other Structures: Separate Guest House
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 120.0
  • Association Fee Frequency: Annually
  • Association Name: White Fence Farms IV
  • Phone: 480-540-4123
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: White Fence Farms IV
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45024.0
  • Parcel #: 304-08-091

Building Info

  • Builder Name: Uknown

Tax Info

  • Tax Annual Amount: 3159.0
  • Tax Book Number: 304.00
  • Tax Lot: 73
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2022
Sold by
Montero Gilberto Emil
Bought by
Montero Gilberto Emil and Montero Kami R
Current Estimated Value
$1,199,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$1,122,999
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$84,700

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 13, 2022
Sold by
Jean Smith Mindy
Bought by
South Rim Investments Llc
Seller's Agent
Mary Ann Chapman
Rosenbaum Realty Group
Buyer's Agent
Gilberto Montero
Real Broker
List Price
$850,000
Sold Price
$885,000
Premium/Discount to List
$35,000
4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Dec 8, 2021
Sold by
Smith Shawn and Smith Mindy
Bought by
Smith Mindy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
Lee Patricia Ann
Bought by
Smith Shawn and Smith Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,190
Interest Rate
5.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Lee Frances Gayle
Bought by
Lee Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
6.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 29, 2002
Sold by
Lee Frances Gayle and Lee Patricia Ann
Bought by
Lee Frances Gayle and Lee Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
5.99%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Lowry Walter A and Lowry Julie S
Bought by
Lee Francis Gayle and Lee Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1996
Sold by
Vanburen David A and Vanburen Susan J
Bought by
Lowry Walter H and Lowry Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
7.37%
Mortgage Type
New Conventional
Source: Public Records
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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
Montero Gilberto Emil -- --
Montero Gilberto Emil $1,300,000 Title Services Corporation
South Rim Investments Llc $885,000 Great American Title
Smith Mindy Jean -- Netco Title Company
Smith Shawn $329,900 Great American Title Agency
Lee Patricia Ann -- Old Republic Title Agency
Lee Frances Gayle -- --
Lee Francis Gayle $242,000 First American Title
Lowry Walter H $229,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montero Gilberto Emil $1,170,000
Previous Owner Smith Mindy Jean $415,000
Previous Owner Smith Shawn $310,190
Previous Owner Lee Patricia Ann $408,750
Previous Owner Lee Frances Gayle $256,800
Previous Owner Lee Francis Gayle $229,900
Previous Owner Lowry Walter H $183,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $885,000 +4.1% $352 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $850,000 -- $338 / 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 $2,914 $36,012 -- --
2024 $3,122 $34,297 -- --
2023 $3,122 $72,550 $14,510 $58,040
2022 $3,625 $46,430 $9,280 $37,150
2021 $3,159 $43,380 $8,670 $34,710
2020 $3,106 $40,620 $8,120 $32,500
2019 $2,868 $37,620 $7,520 $30,100
2018 $2,770 $36,210 $7,240 $28,970
2017 $2,678 $34,700 $6,940 $27,760
2016 $2,760 $33,350 $6,670 $26,680
2015 $2,509 $32,950 $6,590 $26,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6384122

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-08-091