NOT LISTED FOR SALE

3397 S 157th Place Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $1,006,031 - $1,200,000

3 Beds
2 Baths
1,271 Sq Ft
$846/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $980,000 $771 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,892/month

54 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.5 Acre Lot
  • No HOA
  • Quartz Hill Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of December 2023

This charming 3-bedroom home on 2.5 acres in Gilbert zoned commercial won't last long! This prime location is perfect for your future office! Only minutes away from Mercy Gilbert Hospital, Temple, San Tan Mall and the 202 Freeway. Property is zoned commercial with a residential dwelling on the front acre. *Please contact Town of Gilbert for additional zoning questions & information. If purchased as a residential property, no additions can be made to home as per zoning.*

Last Agent to Sell the Property

Nicky Hughes

Cactus Rose Realty License #BR580118000 Listed on: 08/16/2023

Last Buyer's Agent

Brad Young

Better Choice Homes, LLC License #BR630098000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 1979

Lot Details

  • 2.5 Acre Lot
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Quartz Hill Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Assessor Parcel Number 304-53-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,933

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Greenfield & Pecos
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2022
  • Directions: Head east on Pecos Rd., pass Mercy Rd., then turn right onto S. 157th Pl., (next to Evo Swim School) - to home.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.5
  • Subdivision Name: N/A
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1271.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Other, Painted
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Heating: Other
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • 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: Quartz Hill Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: 304-53-101

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1933.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Dec 13, 2023
Sold by
Choate Family Living Trust
Bought by
Young Bradley Jared
Seller's Agent
Nicky Hughes
Cactus Rose Realty
Buyer's Agent
Brad Young
Better Choice Homes, LLC
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%
Views
108
Current Estimated Value
$1,075,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,508
Avg. Annual Appreciation
5.18%
Original Mortgage
$581,250
Outstanding Balance
$572,073
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$503,435

Purchase Details

Closed on
Dec 17, 2008
Sold by
Choate Cecil Lester and Darnell Choate Mary Frances
Bought by
Choate Cecil Lester and Darnell Choate Mary F

Purchase Details

Closed on
Sep 18, 2008
Sold by
Choate Cecil Lester and Darnell Choate Mary Frances
Bought by
Choate Cecil Lester and Darnell Choate Mary Frances

Purchase Details

Closed on
Jul 22, 1998
Sold by
Darnell Mary Frances
Bought by
Choate Cecil Lester and Darnell Mary Frances

Purchase Details

Closed on
Jun 21, 1995
Sold by
Choate Cecil L
Bought by
Darwell Mary
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Young Bradley Jared $980,000 Empire Title Agency
Choate Cecil Lester -- None Available
Choate Cecil Lester -- None Available
Choate Cecil Lester -- --
Darwell Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Bradley Jared $581,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $980,000 -10.9% $771 / Sq Ft
11/04/2023 11/04/23 For Sale $1,100,000 0.0% $865 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,100,000 0.0% $865 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $1,100,000 -- $865 / 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 $2,274 $20,285 -- --
2024 $1,979 $19,319 -- --
2023 $1,979 $72,100 $14,420 $57,680
2022 $1,934 $69,730 $13,940 $55,790
2021 $1,933 $28,410 $5,680 $22,730
2020 $1,893 $25,150 $5,030 $20,120
2019 $1,772 $23,100 $4,620 $18,480
2018 $1,693 $21,470 $4,290 $17,180
2017 $1,647 $18,270 $3,650 $14,620
2016 $1,670 $17,250 $3,450 $13,800
2015 $1,513 $15,460 $3,090 $12,370
Source: Public Records

Agents Affiliated with this Home

  • Nicky Hughes

    Seller's Agent in 2023

    Nicky Hughes

    Cactus Rose Realty

    (480) 330-6256

    2 in this area

    19 Total Sales

    Nicky Hughes
    Section Image

  • B

    Buyer's Agent in 2023

    Brad Young

    Better Choice Homes, LLC

    (480) 455-9867

    6 in this area

    24 Total Sales

    Brad Young
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6593436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-53-101

Arizona Maricopa County Gilbert 85295 South Gilbert

3397 S 157th Place, Gilbert, AZ

This home is located at 3397 S 157th Place, Gilbert, AZ 85297 since 16 August 2023 and is currently estimated at $1,075,508, approximately $846 per square foot. This property was built in 1979. 3397 S 157th Place is a home located in Maricopa County with nearby schools including Quartz Hill Elementary School, Campo Verde High School, and South Valley Jr. High School.

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

Nearby Homes