NOT LISTED FOR SALE

316 E Laredo Ave Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $502,513 - $568,000

3 Beds
2 Baths
1,620 Sq Ft
$329/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $535,000 $330 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,164/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • 2 Car Direct Access Garage
  • Gilbert Elementary School Rated A-
  • Covered patio or porch
  • Skylights

About This Home

As of July 2022

Here is the home you have been waiting for near the heart of downtown Gilbert! Inside there is fresh 2 tone paint and new vinyl planking flooring throughout as well as new stainless appliances and updated fixtures. Mater bath has his/her vanities and a large walk in closet with separate tub and shower. This is a generous corner lot with a covered patio and pavers to extend the patio even further into the yard for more entertaining space. The yard is full of mature landscaping that offers plenty of privacy.

Last Agent to Sell the Property

Phillip Morgan

Home Ladder License #SA644221000 Listed on: 06/18/2022

Last Buyer's Agent

Shaw Briseno

eXp Realty License #SA697748000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1997

Lot Details

  • 9,235 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Floors Updated in 2022
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • Association fees include ground maintenance
  • Farmhouse Meadows Association, Phone Number (480) 892-5222
  • Built by SHEA
  • Farmhouse Meadows Subdivision, Vista Floorplan

Listing and Financial Details

  • Tax Lot 187
  • Assessor Parcel Number 309-12-301

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1997

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Cross Street: Warner Rd & Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 77.59
  • Basement: N
  • Items Updated Floor Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2021
  • Directions: Head north on S Gilbert Rd toward E Warner Rd, Right onto E Rawhide Ave, Right onto S Gibson St, turns left and becomes E Laredo Ave. Home will be on the left.
  • Master Model: VISTA
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: FARMHOUSE MEADOWS
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 931.12
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1620.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 931.12
  • Association Fee Frequency: Annually
  • Association Name: Farmhouse Meadows
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Farmhouse Meadows
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Burk 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: 9235.0
  • Parcel #: 309-12-301
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: SHEA

Tax Info

  • Tax Annual Amount: 1890.0
  • Tax Book Number: 309.00
  • Tax Lot: 187
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 5, 2022
Sold by
Fort Living Trust
Bought by
Buessing Race
Seller's Agent
Phillip Morgan
Home Ladder
Buyer's Agent
Shaw Briseno
eXp Realty
List Price
$530,000
Sold Price
$535,000
Premium/Discount to List
$5,000
0.94%
Current Estimated Value
$539,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,987
Avg. Annual Appreciation
0.05%
Original Mortgage
$518,950
Outstanding Balance
$497,315
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$38,537

Purchase Details

Closed on
Apr 17, 2013
Sold by
Fort Richard E and Fort Rebecca
Bought by
Fort Richard E and Fort Rebecca S

Purchase Details

Closed on
Jun 25, 2004
Sold by
Pennington Roger C and Pennington Jennia R
Bought by
Fort Richard and Fort Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1997
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Pennington Roger C and Smith Jennia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 1997
Sold by
Shea Homes Ltd Partnership
Bought by
Shea Homes Arizona Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Source: Public Records

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
Buessing Race $535,000 Magnus Title
Fort Richard E -- None Available
Fort Richard $184,000 Security Title Agency
Pennington Roger C $130,531 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buessing Race $518,950
Previous Owner Fort Richard $144,000
Previous Owner Pennington Roger C $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $535,000 +0.9% $330 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $530,000 -- $327 / 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 $1,551 $21,222 -- --
2024 $1,563 $20,211 -- --
2023 $1,563 $36,620 $7,320 $29,300
2022 $1,829 $27,870 $5,570 $22,300
2021 $1,890 $26,280 $5,250 $21,030
2020 $1,860 $24,220 $4,840 $19,380
2019 $1,732 $22,200 $4,440 $17,760
2018 $1,685 $20,450 $4,090 $16,360
2017 $1,631 $18,910 $3,780 $15,130
2016 $1,671 $18,250 $3,650 $14,600
2015 $1,521 $17,210 $3,440 $13,770
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Phillip Morgan

    Home Ladder

    (602) 427-7300

    1 in this area

    9 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Shaw Briseno

    eXp Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6419482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-12-301

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

316 E Laredo Ave, Gilbert, AZ

This home is located at 316 E Laredo Ave, Gilbert, AZ 85296 since 18 June 2022 and is currently estimated at $533,628, approximately $329 per square foot. This property was built in 1997. 316 E Laredo Ave 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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