NOT LISTED FOR SALE

350 S Hamilton Ct Unit 25 Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $645,000

1.16 Acres
$556,034 Price per Acre
50,530 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $590,000

Est. 9% increase in value since last sale

Current estimated payment $3,748/month

57 Days on Market

About This Lot

As of October 2022

1.16 Acres of light industrial land, if you are looking for your next location and want to build your facilities, this is the spot for you. Tons of great potential in this lot, it is right in the center of the Elliot Commerce Park Industrial Complex.

Last Agent to Sell the Property

Alex Dorsten

JK Realty License #SA699443000 Listed on: 08/23/2022

Co-Listed By

Jeff Dorsten

JK Realty License #SA563341000

Last Buyer's Agent

Robert L Dwyer

West USA Realty License #SA520126000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,935

Lot Details

  • 1.16 Acre Lot
  • Property is zoned LI - Light Indu

Community Details

  • No Home Owners Association
  • Elliot Commerce Park Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 302-29-437

Property Details

Property Type

Land

Est. Annual Taxes

$3,935

Lot Details

0

Listing Details

  • Cross Street: W Elliott Rd & S McQueen Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: LI - Light Indu
  • Tax Year: 2021
  • Directions: No gate codes, No Lockboxes. Lot 25 in the Elliot Commerce Park
  • Lot Size Acres: 1.16
  • Co List Office Mls Id: jkjl01
  • Co List Office Phone: 480-733-8500
  • Subdivision Name: ELLIOT COMMERCE PARK
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: ~280' x 180'
  • Lot Size Sq Ft: 50509.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 302-29-437
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3935.0
  • Tax Book Number: 302.00
  • Tax Lot: 25
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Crawford Land Hamilton Llc
Bought by
Elliot Commerce Park 25 Llc
Total Days on Market
57
Current Estimated Value
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 28, 2022
Sold by
Schaihi Partners Llc
Bought by
Crawford Land Hamilton Llc
Seller's Agent
Alex Dorsten
JK Realty
Buyer's Agent
Robert L Dwyer
West USA Realty
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Views
1

Purchase Details

Closed on
Jun 8, 2021
Sold by
Montero Llc
Bought by
Schaihi Partners Llc

Purchase Details

Closed on
Aug 5, 2018
Sold by
Elliott Park Properties Llc
Bought by
Montero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Trogan David and Trogan Amy
Bought by
Elliott Park Properties Llc

Purchase Details

Closed on
Jul 6, 2004
Sold by
Phoenix Elliot Property Investors Lp
Bought by
Trogan David and Trogan Amy
Source: Public Records

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Range of Values:

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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
Elliot Commerce Park 25 Llc $632,500 Thomas Title & Escrow
Crawford Land Hamilton Llc $590,000 Old Republic Title
Schaihi Partners Llc $585,000 Silo Title Agency Llc
Schaihi Partners Llc $585,000 Silo Title Agency Llc
Montero Llc $454,600 Grand Canyon Title Agency
Elliott Park Properties Llc -- Lawyers Title Ins
Trogan David $430,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliot Commerce Park 25 Llc $3,750,000
Closed Elliot Commerce Park 25 Llc $740,000
Previous Owner Montero Llc $354,600
Previous Owner Elliot Park Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $590,000 -9.2% --
10/18/2022 10/18/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $650,000 -- --
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 $3,897 $44,298 $44,298 --
2024 $3,913 $42,188 $42,188 --
2023 $3,913 $69,510 $69,510 $0
2022 $3,803 $50,625 $50,625 $0
2021 $3,935 $50,625 $50,625 $0
2020 $3,875 $52,185 $52,185 $0
2019 $3,601 $44,985 $44,985 $0
2018 $3,504 $37,620 $37,620 $0
2017 $3,389 $36,525 $36,525 $0
2016 $3,476 $32,610 $32,610 $0
2015 $3,381 $29,008 $29,008 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6453536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-29-437