$287,000
SOLD MAR 17, 2020
2 Beds
1 Bath
918 Sq Ft
3,826 Sq Ft Lot

Recently Sold

$313 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • The property is located in a historic district
  • Contemporary Architecture
  • No HOA
  • Burk Elementary School Rated A-
  • Private Yard
  • 4-minute walk to Water Tower Plaza

About This Home

As of April 2021

GREAT OPPORTUNITY! What a GEM in Downtown Gilbert's Heritage district! Views of Gilbert Water Tower! This is prime real estate and great built-in cash flow! Significant opportunity and land value is present due to MFL zoning. This unique property is completely updated and beautifully landscaped with turf, planter boxes and pavers! New kitchen appliances, New tile, New carpet, New cabinets in the kitchen and bathroom, New windows, New walk-in shower, plus more! Submit your offer today, because this one will go fast!

DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Isaac Turley

H&M Arizona Real Estate Brokerage, LLC License #SA669934000 Listed on: 01/24/2020

Last Buyer's Agent

Jacquelyn Shoffner

Real Broker License #SA642583000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1930

Lot Details

  • 3,826 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Artificial Turf
  • Private Yard

Parking

  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Burk Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • Covered patio or porch
  • The property is located in a historic district

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 304-11-019-B

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Gilbert Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$353

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Gilbert Rd & Elliot Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1930
  • Tax Year: 2019
  • Directions: Head North on S. Gilbert Rd, Right on Page. After Elm, take the first left down the alley before Palm. Property is on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: GILBERT
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Double Vanity
  • Living Area: 918.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Alley, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Open Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Historic District, Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3826.0
  • Parcel #: 304-11-019-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 353.0
  • Tax Block: 1
  • Tax Book Number: 304.00
  • Tax Lot: 5
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 14, 2021
Sold by
Young Lauren and Young Grant
Bought by
Young Grant
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Frank Gerola
Venture REI, LLC
List Price
$399,900
Sold Price
$399,900
Total Days on Market
19
Current Estimated Value
$503,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,698
Avg. Annual Appreciation
5.71%
Original Mortgage
$399,900
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 7, 2013
Closed on
Nov 4, 2013
Sold by
Milligan Robert
Bought by
Liponoga Evans Michelle
Seller's Agent
Mike Fitzgerald
Fitzgerald Real Estate Company
Buyer's Agent
Kevin McKiernan
Venture REI, LLC
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%
Original Mortgage
$140,409
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2009
Sold by
American Home Mortgage Servicing Inc
Bought by
Milligan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2006
Sold by
Joel Properties Inc
Bought by
Vasquez Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,950
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 11, 2006
Sold by
Joel Properties Inc
Bought by
Mariscal Martin Gutierrez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Agency Inc
Warranty Deed $399,900 Chicago Title Agency Inc
Warranty Deed $143,000 Fidelity National Title Agen
Special Warranty Deed $90,000 Guaranty Title Agency
Warranty Deed $139,050 Lawyers Title Insurance Corp
Warranty Deed $198,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Closed $399,900 Purchase Money Mortgage
Previous Owner $38,861 FHA
Previous Owner $140,409 FHA
Previous Owner $85,557 FHA
Previous Owner $88,369 FHA
Previous Owner $138,950 Seller Take Back
Previous Owner $158,400 New Conventional
Closed $39,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $399,900 0.0% $261 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $399,900 +39.3% $261 / Sq Ft
03/17/2020 03/17/20 Sold $287,000 -3.0% $313 / Sq Ft
01/24/2020 01/24/20 For Sale $296,000 +107.0% $322 / Sq Ft
11/08/2013 11/08/13 Sold $143,000 -1.3% $93 / Sq Ft
10/04/2013 10/04/13 Price Changed $144,925 +0.5% $95 / Sq Ft
10/03/2013 10/03/13 Price Changed $144,250 -3.8% $94 / Sq Ft
09/06/2013 09/06/13 For Sale $150,000 -- $98 / 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 $1,055 $12,060 -- --
2024 $1,060 $11,486 -- --
2023 $1,060 $36,780 $7,350 $29,430
2022 $1,031 $23,830 $4,760 $19,070
2021 $1,066 $16,980 $3,390 $13,590
2020 $887 $15,820 $3,160 $12,660
2019 $815 $14,780 $2,950 $11,830
2018 $790 $12,960 $2,590 $10,370
2017 $762 $11,620 $2,320 $9,300
2016 $789 $11,180 $2,230 $8,950
2015 $718 $10,260 $2,050 $8,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6028848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-019A