NOT LISTED FOR SALE

Estimated Value: $509,138 - $537,000

3 Beds
2 Baths
1,846 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $345,000 $187 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,874/month

17 Days on Market

Highlights

  • Community Lake
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Gilbert Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of October 2020

Investor Special: Home is being sold with Excellent tenants in place that have a lease through 5-31-2021 and they are currently having a house built.
This Spacious and Clean single story,
3 bedroom Home is located in the heart of Gilbert.
Updated tile through out except the bedrooms.
Stainless kitchen appliances.
Trane AC is 3 years old.
Great lot with a well manicured grass backyard and desert front yard.
Walking distance to the community lake and 2 miles from Downtown Gilbert Restaurants and Shopping.
Drapery, washer/dryer and garage fridge
do not convey.
Pictures reflect the home when it was vacant and how it currently looks. Tenants take great pride in the home.

Last Agent to Sell the Property

Aaron Couch

CPMS, Inc. License #BR554091000 Listed on: 07/27/2020

Last Buyer's Agent

Irina Popescu

HomeSmart License #SA553862000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1992

Lot Details

  • 6,801 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,846 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 302-32-693

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Prop. Mgmt Association, Phone Number (480) 844-2224
  • Lago Estancia Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1992

Lot Details

6,801 Sq Ft Lot

HOA Fees

$68 per month

Parking

2

Listing Details

  • Cross Street: Warner and Cooper
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Lago Estancia
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 186.89
  • Association Fees:HOA Fee2: 68.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1846.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Fee: 68.0
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lago Estancia
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City Prop. Mgmt

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 6801.0
  • Parcel #: 302-32-693

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1516.0
  • Tax Book Number: 302.00
  • Tax Lot: 60
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 25, 2020
Sold by
Peterson Nathan and Peterson Michelle
Bought by
Ker Khema Y and Ker Calvin S
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Irina Popescu
HomeSmart
List Price
$347,000
Sold Price
$345,000
Premium/Discount to List
-$2,000
-0.58%
Current Estimated Value
$517,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,957
Avg. Annual Appreciation
7.86%
Original Mortgage
$258,750
Outstanding Balance
$230,144
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,641

Purchase Details

Closed on
Oct 1, 2017
Sold by
Peterson Nathan
Bought by
Peterson Nathan and Peterson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2011
Sold by
Peterson Michelle
Bought by
Peterson Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,745
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2011
Sold by
Peterson Ann Marie
Bought by
Peterson Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,745
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Peterson Nathan and Peterson Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2009
Sold by
Kleiner Harald
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 3, 2006
Sold by
Mcpherson James E and Mcpherson Dorris Kay
Bought by
Kleiner Harald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2000
Sold by
Hickman Dennis A and Hickman Delores C
Bought by
Mcpherson James E and Mcpherson Dorris Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,075
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1999
Sold by
Delaney Pearl
Bought by
Hickman Dennis A and Hickman Delores C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records
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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
Ker Khema Y $345,000 Driggs Title Agency Inc
Peterson Nathan -- Old Republic Title Agency
Peterson Nathan -- American Title Service Agenc
Peterson Nathan -- American Title Service Agenc
Peterson Nathan $187,000 Stewart Title & Trust Of Pho
Federal Home Loan Mortgage Corp $223,624 None Available
Kleiner Harald $269,000 Title Guaranty Agency
Mcpherson James E $148,500 Capital Title Agency
Hickman Dennis A $147,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ker Khema Y $258,750
Previous Owner Peterson Nathan $183,000
Previous Owner Peterson Nathan $178,745
Previous Owner Peterson Nathan $178,745
Previous Owner Peterson Nathan $183,612
Previous Owner Kleiner Harald $215,200
Previous Owner Mcpherson James E $141,075
Previous Owner Hickman Dennis A $87,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $345,000 -0.6% $187 / Sq Ft
07/27/2020 07/27/20 For Sale $347,000 0.0% $188 / Sq Ft
09/17/2014 09/17/14 Rented $1,295 -4.1% --
08/28/2014 08/28/14 Under Contract -- -- --
07/26/2014 07/26/14 For Rent $1,350 +8.0% --
10/05/2013 10/05/13 Rented $1,250 0.0% --
10/05/2013 10/05/13 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $1,250 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,689 $22,257 -- --
2024 $1,636 $21,197 -- --
2023 $1,636 $36,930 $7,380 $29,550
2022 $1,585 $28,080 $5,610 $22,470
2021 $1,673 $26,230 $5,240 $20,990
2020 $1,648 $24,350 $4,870 $19,480
2019 $1,516 $22,470 $4,490 $17,980
2018 $1,471 $20,430 $4,080 $16,350
2017 $1,421 $19,050 $3,810 $15,240
2016 $1,475 $18,960 $3,790 $15,170
2015 $1,338 $17,860 $3,570 $14,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6108752

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-693

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