NOT LISTED FOR SALE

332 E Arabian Dr Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $492,150 - $520,000

3 Beds
2 Baths
1,781 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $245,000 $138 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,964/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Solar Screens
  • Mesquite Elementary School Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • Tile Flooring

About This Home

As of May 2016

THIS HOME IS THE PERFECT GILBERT LOCATION JUST MINUTES TO OLD TOWN GILBERT AND ALL THE NEW DINNING IT HAS TO OFFER. VERY CLEAN 3 BEDROOM SPLIT FLOOR PLAN HOME WITH VIEW FENCING TO THE BEAUTIFUL PARK BEHIND YOU. VERY PRIVATE BACKYARD AS THE PARK IS LOWER THAN THE LEVEL OF THE HOME. SPACIOUS FORMAL LIVING AND DINING ROOM OPEN SEPARATE FROM THE FAMILY ROOM AND KITCHEN. MASTER BATH BOASTS A LARGE WALK IN CLOSET, DOUBLE SINKS AND A SEPARATE SHOWER AND TUB. ALL WITH VIEWS OF THE BEAUTIFUL PARK. HOMES IN THIS COMMUNITY DO NOT LAST LONG AND THIS HOME IS PRICED PERFECTLY TO COME IN AND MAKE IT YOUR OWN.

Last Agent to Sell the Property

Michelle Oliver

My Home Group Real Estate License #SA519880000 Listed on: 03/31/2016

My Home Group Real Estate

Last Buyer's Agent

David Banks

HomeSmart License #SA507778000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1994

Lot Details

  • 6,303 Sq Ft Lot
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,781 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

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

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Settlers Point Association, Phone Number (480) 813-6788
  • Built by US HOME
  • Settler's Point Parcel C Lot 1 203 Tr A D Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 304-23-873

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1994

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cross Street: WARNER AND GILBERT
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 50.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2015
  • Directions: SOUTH ON GILBERT, EAST ON WARNER, NORTH ON LARKSPUR, EAST ON ARABIAN TO PROPERTY
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: SETTLER'S POINT PARCEL C LOT 1-203 TR A-D
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 150.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1781.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association Name: SETTLERS POINT
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: SETTLERS POINT
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Mesquite Elementary
  • 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: 6303.0
  • Parcel #: 304-23-873
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: US HOME

Tax Info

  • Tax Annual Amount: 1306.0
  • Tax Book Number: 304.00
  • Tax Lot: 87
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
John Mourning Living Trust and Rueger Kathleen A
Bought by
Mourning Michael B
Current Estimated Value
$510,538

Purchase Details

Closed on
Jun 27, 2025
Sold by
Mourning John R
Bought by
John Mourning Living Trust and Rueger

Purchase Details

Closed on
Apr 22, 2024
Sold by
Mourning John R and Rueger Kathleen A
Bought by
Mourning John R and Rueger Kathleen A

Purchase Details

Closed on
Oct 20, 2023
Sold by
Mourning John R and Rueger Kathleen A
Bought by
Mourning John R and Rueger Kathleen A

Purchase Details

Closed on
Dec 30, 2022
Sold by
Mourning John R
Bought by
Mourning John R and Rueger Kathleen A

Purchase Details

Closed on
Dec 6, 2022
Sold by
Mourning John R
Bought by
Mourning John R and Rueger Kathleen A

Purchase Details

Closed on
Mar 27, 2018
Sold by
Mourning John R
Bought by
Mourning Jacqueline A and Mourning John R

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 25, 2016
Sold by
Mourning Jacqueline Ann
Bought by
Mourning John R
Seller's Agent
Michelle Oliver
My Home Group Real Estate
Buyer's Agent
David Banks
HomeSmart
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$245,500
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 19, 2016
Sold by
Spencer Diane Marie
Bought by
Mourning John
Seller's Agent
Michelle Oliver
My Home Group Real Estate
Buyer's Agent
David Banks
HomeSmart
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 12, 2012
Sold by
Rumsey Todd A and Rumsey Jacqueline R
Bought by
Spencer William C and Spencer Diane Marie
Seller's Agent
Steven Rider
Keller Williams Arizona Realty
Buyer's Agent
Michelle Oliver
My Home Group Real Estate
List Price
$189,500
Sold Price
$190,000
Premium/Discount to List
$500
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$148,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Rumsey Todd A and Rumsey Jacqueline R
Bought by
Rumsey Todd A and Rumsey Jacqueline R

Purchase Details

Closed on
May 12, 2008
Sold by
Rumsey Todd A and Rumsey Jacqueline R
Bought by
Rumsey Jacqueline R and Rumsey Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Rumsey Todd A and Krajecki Jacqueline R
Bought by
Rumsey Todd A and Rumsey Jacqueline R

Purchase Details

Closed on
Feb 22, 2003
Sold by
Danys Stephen R
Bought by
Krajecki Jacqueline R and Rumsey Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1996
Sold by
U S Home Corp
Bought by
Danys Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.1%
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 Buyer Sale Price Title Company
Mourning Michael B -- --
John Mourning Living Trust -- None Listed On Document
Mourning John R -- None Listed On Document
Mourning John R -- None Listed On Document
Mourning John R -- --
Mourning John R -- None Listed On Document
Mourning Jacqueline A -- None Available
Mourning John R -- Empire West Title Agency
Mourning John $245,500 Empire West Title Agency
Spencer William C $186,500 Security Title Agency
Rumsey Todd A -- None Available
Rumsey Jacqueline R -- Empire Title Agency Of Arizo
Rumsey Todd A -- None Available
Krajecki Jacqueline R $169,000 Capital Title Agency Inc
Danys Stephen R $132,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mourning John R $226,600
Previous Owner Mourning John R $245,500
Previous Owner Spencer William C $148,000
Previous Owner Rumsey Jacqueline R $196,000
Previous Owner Krajecki Jacqueline R $48,000
Previous Owner Krajecki Jacqueline R $160,550
Previous Owner Danys Stephen R $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $245,000 +2.5% $138 / Sq Ft
03/31/2016 03/31/16 For Sale $239,000 +25.8% $134 / Sq Ft
06/15/2012 06/15/12 Sold $190,000 +0.3% $107 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $189,500 0.0% $106 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $189,500 -- $106 / 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 $1,583 $21,730 -- --
2024 $1,596 $20,695 -- --
2023 $1,596 $35,800 $7,160 $28,640
2022 $1,547 $26,820 $5,360 $21,460
2021 $1,634 $25,370 $5,070 $20,300
2020 $1,608 $23,380 $4,670 $18,710
2019 $1,478 $21,450 $4,290 $17,160
2018 $1,434 $19,830 $3,960 $15,870
2017 $1,384 $18,660 $3,730 $14,930
2016 $1,425 $18,160 $3,630 $14,530
2015 $1,306 $17,500 $3,500 $14,000
Source: Public Records

Agents Affiliated with this Home

  • Michelle Oliver

    Seller's Agent in 2016

    Michelle Oliver

    My Home Group

    (602) 828-6715

    13 Total Sales

    Michelle Oliver
    Section Image

  • D

    Buyer's Agent in 2016

    David Banks

    HomeSmart

    (480) 200-6100

    19 Total Sales

    David Banks
    Section Image

  • S

    Seller's Agent in 2012

    Steven Rider

    Keller Williams Arizona Realty

  • Beth Rider

    Seller Co-Listing Agent in 2012

    Beth Rider

    Keller Williams Arizona Realty

    (480) 666-0501

    6 in this area

    1,604 Total Sales

    Beth Rider
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5420595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-873

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

332 E Arabian Dr, Gilbert, AZ

This home is located at 332 E Arabian Dr, Gilbert, AZ 85296 since 31 March 2016 and is currently estimated at $510,538, approximately $286 per square foot. This property was built in 1994. 332 E Arabian Dr is a home located in Maricopa County with nearby schools including Mesquite Elementary School, Greenfield 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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