NOT LISTED FOR SALE

303 E Palo Verde St Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $622,194 - $702,000

4 Beds
2 Baths
1,962 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $489,000 $249 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,613/month

37 Days on Market

Highlights

  • Private Pool
  • 0.37 Acre Lot
  • No HOA
  • Gilbert Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of August 2020

Don't miss this opportunity to own a slice of Heaven with your very own backyard oasis right in the heart of Gilbert! This gorgeous home boasts vaulted ceilings with grand wooden beams, open floor plan, newly remodel master bath, and so much more inside. An R/O system and water softener are just the beginning of the upgrades. This beautiful home is situation on a .4 acre lot with mature citrus and fruit trees, a newly remodeled pool, free standing spa, lush greenery, oversized garage and RV gate. Cul-de-Sac lot and NO HOA! HURRY and schedule your showing while it lasts!

Last Agent to Sell the Property

Amber Pennell

HomeSmart License #SA680948000 Listed on: 06/09/2020

Last Buyer's Agent

Theresa Marquez

Barrett Real Estate License #SA686976000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1982

Lot Details

  • 0.37 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 304-23-098

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Colonia Grande Lot 1 101 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,757

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Elliot Rd & Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: Head south on Gilbert Rd, Turn left onto Palo Verde St. Property will be on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.37
  • Subdivision Name: COLONIA GRANDE LOT 1-101
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1962.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Gilbert 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: 16270.0
  • Parcel #: 304-23-098
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1757.0
  • Tax Book Number: 304.00
  • Tax Lot: 14
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 17, 2020
Sold by
Franks Richard D and Franks Kelly S
Bought by
Peralta Alejandro Gaston and Peralta Shantelle Ann
Seller's Agent
Amber Pennell
HomeSmart
Buyer's Agent
Theresa Marquez
Barrett Real Estate
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$657,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,802
Avg. Annual Appreciation
5.96%
Original Mortgage
$489,000
Outstanding Balance
$433,777
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$226,522

Purchase Details

Closed on
Aug 14, 2001
Sold by
Franks Justin C
Bought by
Franks Justin and Howe Daidria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.21%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2001
Sold by
Franks Justin C
Bought by
Franks Justin C
Source: Public Records

Range of Values:

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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
Peralta Alejandro Gaston $489,000 Empire West Title Agency Llc
Franks Justin -- Chicago Title Insurance Co
Franks Justin C -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Alejandro Gaston $489,000
Previous Owner Franks Justin $119,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $489,000 0.0% $249 / Sq Ft
07/14/2020 07/14/20 Price Changed $489,000 -2.0% $249 / Sq Ft
06/09/2020 06/09/20 For Sale $499,000 -- $254 / 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 $1,955 $26,000 -- --
2024 $1,895 $24,762 -- --
2023 $1,895 $43,400 $8,680 $34,720
2022 $1,838 $31,270 $6,250 $25,020
2021 $1,942 $29,000 $5,800 $23,200
2020 $1,912 $26,930 $5,380 $21,550
2019 $1,757 $26,550 $5,310 $21,240
2018 $1,703 $24,430 $4,880 $19,550
2017 $1,643 $23,080 $4,610 $18,470
2016 $1,700 $21,200 $4,240 $16,960
2015 $1,549 $20,560 $4,110 $16,450
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amber Pennell

    HomeSmart

  • Theresa Marquez

    Buyer's Agent in 2020

    Theresa Marquez

    Barrett Real Estate

    (602) 434-5678

    1 in this area

    86 Total Sales

    Theresa Marquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6088636

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-098

Arizona Maricopa County Gilbert 85296 Heritage District

303 E Palo Verde St, Gilbert, AZ

This home is located at 303 E Palo Verde St, Gilbert, AZ 85296 since 09 June 2020 and is currently estimated at $660,299, approximately $336 per square foot. This property was built in 1982. 303 E Palo Verde St is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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