NOT LISTED FOR SALE

Estimated Value: $699,000 - $1,013,000

3 Beds
2 Baths
1,644 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $187,500 $114 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $4,535/month

10 Days on Market

Highlights

  • Horse Stalls
  • RV Gated
  • No HOA
  • Greenfield Elementary School Rated A-
  • 1.07 Acre Lot
  • Covered Patio or Porch

About This Home

As of October 2012

Gilbert Ranch Horse Property on 1.07 Acres!! Single Story Block 3-Bedrooms, 2-Bathrooms, 2-Car Carport & Circular Driveway, RV-Gate, RV-Parking. Bright Open Breakfast Bar Tiled Kitchen with Appliances, Family Room & Living Room, Ceiling Fans, Large Laundry Room with Storage, Bonus Enclosed Patio, Extended Covered Patio, + 1 Acre Lot with Horse Stalls & Irrigation, North/South exposure, No Hoa's, Gilbert Schools, Near parks, Shopping and all freeways!! Don't Miss Out!!..........For overbidding and/or escrow repair information, please see attached “Overbidding and Escrow Repair” MLS addendum.

Last Agent to Sell the Property

Matthew Rogers

Keller Williams Realty Phoenix License #BR012388000 Listed on: 08/03/2012

Keller Williams Realty Phoenix

Co-Listed By

Alex Mogo

Keller Williams Realty Phoenix License #SA506000000

Last Buyer's Agent

Christine Marshall

HomeSmart License #SA109826000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1972

Lot Details

  • 1.07 Acre Lot
  • Desert faces the front of the property
  • Chain Link Fence
  • Backyard Sprinklers
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Circular Driveway
  • RV Gated

Outdoor Features

  • Covered Patio or Porch

Schools

  • Greenfield Elementary School
  • Highland Elementary School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Suburban Ranchettes Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 304-14-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Guadalupe & Higley
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1972
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.07
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Subdivision Name: Suburban Ranchettes
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 114.05
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar
  • Living Area: 1644.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Circular Drive, Covered Patio(s)
  • Lot Features: Desert Front, Grass Front, Grass Back, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Horse Amenities: Stall
  • Land Lease: No
  • Lot Size Sq Ft: 46470.0
  • Parcel #: 304-14-069
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1573.0
  • Tax Book Number: 304.00
  • Tax Lot: 51
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Oct 10, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Milburn Ii Rodney
Seller's Agent
Matthew Rogers
Keller Williams Realty Phoenix
Buyer's Agent
Christine Marshall
HomeSmart
List Price
$195,000
Sold Price
$187,500
Premium/Discount to List
-$7,500
-3.85%
Current Estimated Value
$823,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,847
Avg. Annual Appreciation
11.86%
Original Mortgage
$163,308
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2012
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 25, 2012
Sold by
Powell Blaine C
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 11, 1999
Sold by
Barnett Sherri L and Barnett Michael L
Bought by
Powell Blaine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Milburn Ii Rodney -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- None Available
U S Bank National Association $225,604 Great American Title Agency
Powell Blaine C $116,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milburn Rodney $250,000
Closed Milburn Ii Rodney $200,000
Closed Milburn Ii Rodney $163,308
Previous Owner Powell Blaine C $210,113
Previous Owner Powell Blaine C $42,000
Previous Owner Powell Blaine C $180,000
Previous Owner Powell Blaine C $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $187,500 -3.8% $114 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $195,000 -- $119 / 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 $2,649 $26,698 -- --
2024 $2,572 $25,427 -- --
2023 $2,572 $47,160 $9,430 $37,730
2022 $2,508 $35,530 $7,100 $28,430
2021 $2,552 $33,210 $6,640 $26,570
2020 $2,510 $30,420 $6,080 $24,340
2019 $2,347 $28,820 $5,760 $23,060
2018 $2,271 $26,410 $5,280 $21,130
2017 $2,209 $23,150 $4,630 $18,520
2016 $2,254 $21,130 $4,220 $16,910
2015 $2,046 $20,110 $4,020 $16,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4798855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-14-069