NOT LISTED FOR SALE

Estimated Value: $416,000 - $485,000

2 Beds
2 Baths
1,363 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $307,000 $225 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,578/month

42 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Refrigerated Cooling System
  • Gilbert Elementary School Rated A-
  • Covered patio or porch
  • Breakfast Bar

About This Home

As of April 2021

Single family home with tons of potential in the increasingly popular Gilbert area. All appliances included, storm shutters on the exterior of the windows for security and protection from high winds. Back yard with additional storage shed. Backyard backs up to an open field park with no neighbors behind you. Construction is all brick. Water/Sewer is Township of Gilbert No HOA in this clean and friendly neighborhood!



A great investment opportunity. Currently occupied w/ long-time tenants on month-to-month lease with option to stay, perfect for an investor looking to buy-and-hold.

Last Listed By

Breanna Roberts

Elite Partners License #SA684997000 Listed on: 02/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1979

Lot Details

  • 7,174 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,363 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Old West Estates No 2 Subdivision

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 302-31-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert and Elliot
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1979
  • Tax Year: 2020
  • Directions: East on Elliot to Neely St* Right on Neely St to Spur Ave* Left on Spur Ave (becomes Cholla) to property*
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: OLD WEST ESTATES NO 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1363.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7174.0
  • Parcel #: 302-31-029
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1160.0
  • Tax Book Number: 302.00
  • Tax Lot: 117
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
23 Investments Llc
Bought by
Zolin Joel
Total Days on Market
42
Current Estimated Value
$443,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$272,261
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$171,041

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 26, 2021
Sold by
Hammerman Robert M
Bought by
23 Investments Llc
Seller's Agent
Breanna Roberts
Elite Partners
Buyer's Agent
Kyle Holder
Stunning Homes Realty
List Price
$340,000
Sold Price
$307,000
Premium/Discount to List
-$33,000
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$264,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2014
Sold by
Mendelson Rebecca L
Bought by
Hammerman Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2008
Sold by
Lasalle Bank National Association
Bought by
Hammerman Robert and Mendelson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,576
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2008
Sold by
Varela Jose Leonel Ramirez
Bought by
Lasalle Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,576
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Deramirez Rosalba Ibarra
Bought by
Varela Jose Leonel Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1998
Sold by
Bisbee Mary Pearl and Schadle Alfretta M
Bought by
Varela Jose Leonel Ramirez and Deramirez Rosalba Ibarra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,466
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1998
Sold by
Schadle Klaus D
Bought by
Schadle Alfretta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,466
Interest Rate
6.92%
Mortgage Type
FHA

Range of Values:

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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
Zolin Joel $370,000 Silo Title Agency Llc
23 Investments Llc $307,000 Security Title Agency Inc
Hammerman Robert M -- None Available
Hammerman Robert $101,970 Guaranty Title Agency
Lasalle Bank Na $137,175 None Available
Varela Jose Leonel Ramirez -- Commonwealth Title
Varela Jose Leonel Ramirez -- Equity Title Agency
Schadle Alfretta M -- Equity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zolin Joel $296,000
Previous Owner 23 Investments Llc $264,000
Previous Owner Hammerman Robert M $70,000
Previous Owner Hammerman Robert $81,576
Previous Owner Varela Jose Leonel Ramirez $161,500
Previous Owner Varela Jose Leonel Ramirez $124,450
Previous Owner Varela Jose Leonel Ramirez $98,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $307,000 0.0% $225 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/28/2021 02/28/21 Off Market $307,000 -- --
02/19/2021 02/19/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $340,000 -- $249 / 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 $1,165 $13,320 -- --
2024 $1,171 $12,686 -- --
2023 $1,171 $30,630 $6,120 $24,510
2022 $1,139 $23,780 $4,750 $19,030
2021 $1,178 $22,350 $4,470 $17,880
2020 $1,160 $20,570 $4,110 $16,460
2019 $1,078 $18,270 $3,650 $14,620
2018 $1,048 $16,060 $3,210 $12,850
2017 $1,014 $14,010 $2,800 $11,210
2016 $1,183 $13,210 $2,640 $10,570
2015 $948 $11,450 $2,290 $9,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6186345

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-31-029