3374 E Houston Ave Gilbert, AZ 85234
Val Vista Neighborhood
5
Beds
3
Baths
4,552
Sq Ft
4.87
Acres
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 2024OPPORTUNITY 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!!
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
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%
Total Days on Market
301
Views
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,332
Avg. Annual Appreciation
-1.86%
Original Mortgage
$2,300,000
Outstanding Balance
$2,287,330
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Estimated Equity
$367,530
Purchase Details
Closed on
Nov 13, 2015
Sold by
Smith James J and Smit Lisa D
Bought by
Smith Family Trust
Similar Homes in Gilbert, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,700,000 | Wfg National Title Insurance C | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,300,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $6,552 | $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
3 in this area
38 Total Sales
-
Jeff Dorsten
Seller Co-Listing Agent in 2024
Jeff Dorsten
JK Realty
(602) 821-2430
2 in this area
43 Total Sales
-
David Karrick
Buyer's Agent in 2024
David Karrick
My Home Group
(602) 291-2583
2 in this area
59 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6615930
APN: 304-07-011F
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.
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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