RENTED MAY 1, 2025

2877 E Terrace Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $414,000 - $459,000

3 Beds
2 Baths
1,204 Sq Ft
$361/Sq Ft Est. Value

Highlights

  • Tile Flooring
  • Central Air
  • Grass Covered Lot
  • Pioneer Elementary School Rated A-
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of May 2025

Fantastic home in a great location. This home sits adjacent to a quiet community park. This home is comfortable living and easy maintenance. Spacious two car garage. Newer installed AC makes it easier on the utility bills.

Last Agent to Rent the Property

John Wilcock

Presidential Realty, LLC License #BR543601000 Listed on: 04/20/2025

Last Renter's Agent

John Wilcock

Presidential Realty, LLC License #BR543601000 Listed on: 04/20/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 5,493 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Pioneer Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Tone Estates Association, Phone Number (480) 635-1133
  • Built by Ryland
  • Baseline/Tone Replat Subdivision

Listing and Financial Details

  • Property Available on 4/20/25
  • 12-Month Minimum Lease Term
  • Tax Lot 174
  • Assessor Parcel Number 304-08-691

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-04-20

Listing Details

  • Cross Street: Greenfield / Baseline
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Rental Info H O A Name: Tone Estates
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: BASELINE/TONE REPLAT
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1204.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Grass Back
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 4.0
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Tone Estates
  • Phone: 480-635-1133
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 5493.0
  • Parcel #: 304-08-691

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 174
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2003
Sold by
Hud
Bought by
Wilcock John Dalen
Current Estimated Value
$434,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,773
Outstanding Balance
$53,048
Interest Rate
5.71%
Mortgage Type
FHA
Estimated Equity
$381,858

Purchase Details

Closed on
Feb 11, 2003
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Sep 11, 1998
Sold by
Ryland Homes Of Arizona Inc
Bought by
Gonzalez Lemuel J and Gonzalez Jolyne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.92%
Mortgage Type
FHA
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
Wilcock John Dalen -- First Southwestern Title
Hud -- First American Title Ins Co
Countrywide Home Loans Inc $115,326 First American Title Ins Co
Gonzalez Lemuel J $113,303 Transnation Title Ins Co
Ryland Homes Of Arizona Inc $72,240 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcock John Dalen $122,773
Previous Owner Gonzalez Lemuel J $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $2,250 +2.3% --
04/21/2025 04/21/25 Under Contract -- -- --
04/20/2025 04/20/25 For Rent $2,200 -- --
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 $1,523 $16,199 -- --
2024 $1,474 $15,427 -- --
2023 $1,474 $29,210 $5,840 $23,370
2022 $1,433 $21,910 $4,380 $17,530
2021 $1,477 $20,420 $4,080 $16,340
2020 $1,454 $18,800 $3,760 $15,040
2019 $1,352 $17,020 $3,400 $13,620
2018 $1,316 $15,530 $3,100 $12,430
2017 $1,274 $14,220 $2,840 $11,380
2016 $1,494 $13,700 $2,740 $10,960
2015 $1,003 $13,050 $2,610 $10,440
Source: Public Records

Agents Affiliated with this Home

  • John Wilcock

    Landlord's Agent in 2025

    John Wilcock

    Presidential Realty, LLC

    (480) 205-5591

    4 Total Sales

    John Wilcock
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6854500

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-08-691

Arizona Maricopa County Gilbert 85234 Val Vista

2877 E Terrace Ave, 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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