NOT LISTED FOR SALE

3374 E Houston Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,640,000 - $2,773,000

5 Beds
3 Baths
4,552 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $2,700,000 $593 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,901/month

301 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Spa
  • Wood Flooring
  • Carol Rae Ranch Elementary Rated A-
  • 4.87 Acre Lot
  • No HOA

About This Home

As of September 2024

OPPORTUNITY KNOCKS!!! Create your own FAMILY COMPOUND!!!
This coveted (just under) 5-Acre, Gilbert, AZ property has been a dream project for anyone who knows about it.
It is now PRICE REDUCED!!!
The majority of this irrigated land is covered with 152 (mostly) Citrus Trees, with a 4552sf Custom Built Home (with Basement) included in the asking price.
YES... HORSE PROPERTY!!
The REAL opportunity presents itself in the Current Zoning SF10, allowing a minimum of 10,000sf lots to be developed on the property.
LOCATION! LOCATION! LOCATION! Minutes to 2 freeways (East US60 & Loop 202), and walking distance to Shopping, Restaurants, & Services + Gilbert Gateway Hospital, AND the amazing Carol Rae Elementary School, and so much more!
NO HOA!!

Last Agent to Sell the Property

Charles Malone

JK Realty License #BR003054000 Listed on: 11/01/2023

JK Realty

Co-Listed By

Jeff Dorsten

JK Realty License #SA563341000

Last Buyer's Agent

David Karrick

My Home Group Real Estate License #SA024831000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1995

Lot Details

  • 4.87 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Designed by David Keith Architects
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,552 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Security System Owned
  • Finished Basement

Kitchen

  • Electric Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Accessible Approach with Ramp
  • Raised Toilet

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Water Purifier
  • Septic Tank

Additional Features

  • Flood Irrigation
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Glen Hakes
  • Metes And Bounds No Subdiv. Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 304-07-011-F

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Baseline & Higley Rds
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: David Keith
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2022
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.87
  • Co List Office Mls Id: jkjl01
  • Co List Office Phone: 480-733-8500
  • Subdivision Name: Metes and Bounds - No Subdiv.
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: F
  • General Property Description:PriceSqFt: 593.15
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: Grove
  • Spa Features: Above Ground, Heated, Private
  • Appliances: Electric Cooktop, Water Purifier
  • Accessibility Features: Accessible Door 32in+ Wide, Accessible Approach with Ramp, Bath Raised Toilet, Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 4552.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame, Wood Frames
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail, Well Disclosure
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well, Onsite Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 212283.0
  • Parcel #: 304-07-011-F

Building Info

  • Builder Name: Glen Hakes

Tax Info

  • Tax Annual Amount: 6413.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Sep 20, 2024
Sold by
Smith Family Trust and Smith James J
Bought by
Johnson Kevin and Johnson Tara
Seller's Agent
Charles Malone
JK Realty
Buyer's Agent
David Karrick
My Home Group Real Estate
List Price
$5,200,000
Sold Price
$2,700,000
Premium/Discount to List
-$2,500,000
-48.08%
Views
189
Current Estimated Value
$2,354,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$345,798
Avg. Annual Appreciation
-10.31%
Original Mortgage
$2,300,000
Outstanding Balance
$2,267,540
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Estimated Equity
$86,662

Purchase Details

Closed on
Nov 13, 2015
Sold by
Smith James J and Smit Lisa D
Bought by
Smith Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Kevin $2,700,000 Wfg National Title Insurance C
Smith Family Trust -- None Available
Smith James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kevin $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $2,700,000 -24.9% $593 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
05/04/2024 05/04/24 Price Changed $3,595,000 -9.0% $790 / Sq Ft
02/22/2024 02/22/24 Price Changed $3,950,000 -12.2% $868 / Sq Ft
11/20/2023 11/20/23 Price Changed $4,500,000 -13.5% $989 / Sq Ft
11/01/2023 11/01/23 For Sale $5,200,000 -- $1,142 / 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 $6,788 $70,645 -- --
2024 $6,584 $67,281 -- --
2023 $6,584 $88,460 $17,690 $70,770
2022 $6,413 $72,560 $14,510 $58,050
2021 $6,461 $69,220 $13,840 $55,380
2020 $6,335 $65,220 $13,040 $52,180
2019 $5,898 $61,530 $12,300 $49,230
2018 $5,670 $61,950 $12,390 $49,560
2017 $5,488 $60,210 $12,040 $48,170
2016 $5,572 $56,830 $11,360 $45,470
2015 $5,022 $53,400 $10,680 $42,720
Source: Public Records

Agents Affiliated with this Home

  • Charles Malone

    Seller's Agent in 2024

    Charles Malone

    JK Realty

    (480) 329-7489

    4 in this area

    37 Total Sales

    Charles Malone
    Section Image
  • Jeff Dorsten

    Seller Co-Listing Agent in 2024

    Jeff Dorsten

    JK Realty

    (602) 821-2430

    2 in this area

    40 Total Sales

    Jeff Dorsten
    Section Image
  • David Karrick

    Buyer's Agent in 2024

    David Karrick

    My Home Group

    (602) 291-2583

    2 in this area

    60 Total Sales

    David Karrick
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6615930

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-011F

Arizona Maricopa County Gilbert 85234 Val Vista

3374 E Houston Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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