NOT LISTED FOR SALE

Estimated Value: $483,578 - $564,000

1.2 Acres
$429,079 Price per Acre
52,272 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $420,000

Est. 23% increase in value since last sale

Current estimated payment $3,015/month

224 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.2 Acre Lot
  • Level Lot
  • Charlotte Patterson Elementary School Rated A
  • No HOA
  • 5-minute walk to Pinecone Park

About This Lot

As of March 2022

No HOA! Amazing opportunity to build your custom dream home in Gilbert. 1.2 acre residential lot tucked away from city life yet close enough to enjoy all the city has to offer. Located on a private road with only a few other existing homes. Tree lined property surrounded with metal pipe, vinyl and block fencing.

Last Agent to Sell the Property

Jan Friedman

HomeSmart License #SA664724000 Listed on: 07/02/2021

HomeSmart

Last Buyer's Agent

Myatta Dellahousaye

LPT Realty, LLC License #SA661100000

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,453

Lot Details

  • 1.2 Acre Lot
  • Block Wall Fence
  • Level Lot

Schools

  • Higley Traditional Academy Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Basha High School

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304-79-016-W

Property Details

Property Type

Land

Est. Annual Taxes

$1,453

Lot Details

0

Listing Details

  • Cross Street: Val Vista & Riggs
  • Legal Info Range: 6E
  • Property Type: Land
  • Topography: Level
  • Zoning: Residential
  • Tax Year: 2020
  • Directions: East to 164th Street. Left to Cedar Waxwing. Right to property. Lot on left hand side.
  • Horses: Yes
  • Lot Size Acres: 1.2
  • Road Surface Type: Dirt
  • Tax Parcel Letter: W
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Other, Block
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Other

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Basha High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 166x315x166x316
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 52365.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-79-016-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Kennedy Marcus and Kennedy Kamilah
Bought by
Elite Properties Of Arizona Ll
Total Days on Market
224
Current Estimated Value
$514,895

Purchase Details

Listed on
Jul 2, 2021
Closed on
Mar 10, 2022
Sold by
Riggs Family Trust
Bought by
Kennedy Marcus and Kennedy Kamilah
Seller's Agent
Jan Friedman
HomeSmart
Buyer's Agent
Myatta Dellahousaye
LPT Realty, LLC
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$252,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2019
Sold by
Montero Llc
Bought by
Riggs Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2008
Sold by
Gifford Gerald Kevin and Gifford Virginia
Bought by
Montero Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Young Tyson
Bought by
Gifford Virginia and Gifford Gerald Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Elite Properties Of Arizona Ll $475,000 First American Title Insurance
Kennedy Marcus $420,000 Security Title
Riggs Family Trust $1,475,000 Grand Canyon Title Agency
Montero Llc $325,000 Lawyers Title Insurance Corp
Gifford Virginia $260,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Marcus $252,000
Previous Owner Riggs Family Trust $475,000
Previous Owner Gifford Virginia $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $420,000 -6.7% --
02/10/2022 02/10/22 Pending -- -- --
07/01/2021 07/01/21 For Sale $450,000 -- --
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 $1,498 $16,458 $16,458 --
2024 $1,468 $15,674 $15,674 --
2023 $1,468 $46,080 $46,080 $0
2022 $1,422 $31,920 $31,920 $0
2021 $1,462 $29,580 $29,580 $0
2020 $1,453 $27,105 $27,105 $0
2019 $1,402 $23,670 $23,670 $0
2018 $1,361 $22,500 $22,500 $0
2017 $1,282 $21,060 $21,060 $0
2016 $1,240 $21,135 $21,135 $0
2015 $1,266 $19,920 $19,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6259010

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-79-016W