NOT LISTED FOR SALE

331 E Tremaine Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $460,990

3 Beds
2 Baths
1,587 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $325,000 $205 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,597/month

40 Days on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Tile Flooring
  • Burk Elementary School Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • Central Air

About This Home

As of December 2020

Oversized family room, vaulted ceilings, nice fireplace, kitchen open to family room and breakfast room, fresh paint inside (walls, ceilings, doors), new carpet throughout.

Last Agent to Sell the Property

Donald Juvan

Gentry Real Estate License #SA544912000 Listed on: 10/06/2020

Gentry Real Estate

Last Buyer's Agent

Kerry Garcia

HomeSmart License #SA549461000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 1985

Lot Details

  • 5,310 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Heywood Association, Phone Number (480) 820-1519
  • Built by MCCLEVE
  • Breckenridge Manor 2 Lot 114 176 Tr A B Subdivision

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 304-12-663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,343

Year Built

Built in 1985

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Cross Street: GILBERT RD & GUADALUPE 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: 75.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: BRECKENRIDGE MANOR 2 LOT 114-176 TR A B
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 204.79
  • Association Fees:HOA Fee2: 75.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen
  • Living Area: 1587.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • 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

  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Heywood
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Heywood
  • 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: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5310.0
  • Parcel #: 304-12-663

Building Info

  • Builder Name: MCCLEVE

Tax Info

  • Tax Annual Amount: 1343.0
  • Tax Book Number: 304.00
  • Tax Lot: 140
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 7, 2020
Sold by
Coconut Properties Llc
Bought by
Ott Andrew John
Seller's Agent
Donald Juvan
Gentry Real Estate
Buyer's Agent
Kerry Garcia
HomeSmart
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$460,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,990
Avg. Annual Appreciation
7.18%
Original Mortgage
$292,500
Outstanding Balance
$260,877
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$200,113

Purchase Details

Closed on
Aug 25, 2020
Sold by
Mcpherson Nancy J and The Aunt Nancy Trust
Bought by
Coconut Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,577
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2019
Sold by
Mcpherson Nancy
Bought by
The Aunt Nancy Trust

Purchase Details

Closed on
Nov 20, 2012
Sold by
Mcpherson Nancy and De Water Nancy Van
Bought by
Mcpherson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Relocation Advantage Llc
Bought by
Vande Water Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2006
Sold by
Wilson William Edward
Bought by
Relocation Advantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1994
Sold by
Porter Michael Dair
Bought by
Wilson William Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,700
Interest Rate
8.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1993
Sold by
Porter Donna Jean
Bought by
Porter Michael Dair
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ott Andrew John $325,000 Charity Title Agency
Coconut Properties Llc $295,000 Fidelity Natl Ttl Agcy Inc
The Aunt Nancy Trust -- Roc Title Agency Llc
Mcpherson Nancy -- Title Source
Vande Water Nancy $255,000 First American Title
Relocation Advantage Llc $255,000 First American Title
Wilson William Edward $87,100 Transamerica Title Ins Co
Porter Michael Dair -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Andrew John $292,500
Previous Owner Coconut Properties Llc $301,577
Previous Owner Mcpherson Nancy $166,800
Previous Owner Vande Water Nancy $175,000
Previous Owner Wilson William Edward $82,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $325,000 -4.4% $205 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $340,000 0.0% $214 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $340,000 -1.4% $214 / Sq Ft
10/14/2020 10/14/20 Price Changed $345,000 -1.4% $217 / Sq Ft
10/13/2020 10/13/20 Price Changed $349,900 0.0% $220 / Sq Ft
10/06/2020 10/06/20 For Sale $350,000 -- $221 / 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 $1,373 $18,266 -- --
2024 $1,331 $17,397 -- --
2023 $1,331 $32,020 $6,400 $25,620
2022 $1,291 $24,670 $4,930 $19,740
2021 $1,364 $22,700 $4,540 $18,160
2020 $1,343 $20,450 $4,090 $16,360
2019 $1,234 $18,400 $3,680 $14,720
2018 $1,196 $16,920 $3,380 $13,540
2017 $1,154 $15,100 $3,020 $12,080
2016 $1,195 $15,760 $3,150 $12,610
2015 $1,088 $14,060 $2,810 $11,250
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donald Juvan

    Gentry Real Estate

    Section Image
  • Kerry Garcia

    Buyer's Agent in 2020

    Kerry Garcia

    HomeSmart

    (480) 251-3064

    39 Total Sales

    Kerry Garcia
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6142475

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-663

Arizona Maricopa County Gilbert 85234 Heritage District

331 E Tremaine Ave, Gilbert, AZ

Not Listed for Sale

MultiFamily

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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