NOT LISTED FOR SALE

36 E Vaughn Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $314,000 - $378,000

Studio
2 Baths
1,150 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 31, 2019

Last sale price $10,540,000 $9,165 Per Sq Ft

Current estimated payment $2,518/month

64 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Burk Elementary School Rated A-
  • Community Barbecue Grill

About This Home

As of August 2019

42 spacious 3 bedroom/2 bathroom units located in the heart of Downtown Gilbert. Walking distance from local restaurants, unique shops, scenic parks, and cultural attractions, The Tides at Downtown Gilbert is rooted in a pedestrian-friendly area within the vibrant community of Gilbert's Heritage District, offering an urban, downtown experience. Built in 2005 it features a newly remodeled design with electric stainless-steel appliances, modern white cabinetry, vinyl flooring, quartz countertops, tile back-splash, and LED lighted ceiling fans. The property provides covered parking and a community-style lush grass courtyard with beautiful brand new pool, covered community seating, and two gas grills. Each unit is individually metered for electricity, HVAC, and water with laundry in-suite.

Last Agent to Sell the Property

Ryan Smith

ZENDOOR License #BR659309000 Listed on: 04/08/2019

Last Buyer's Agent

Ryan Smith

ZENDOOR License #BR659309000 Listed on: 04/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,319

Year Built

  • Built in 2005

Lot Details

  • 2.27

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 84 Parking Spaces
  • 42 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Gilbert Elementary School
  • Gilbert Junior High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • The owner pays for landscaping, pool/spa maintenance
  • Assessor Parcel Number 304-11-377

Community Details

Overview

  • 10 Buildings
  • 42 Units
  • Building Dimensions are 2.269 acres / 98,823 sqft
  • Vaughn Manor Condominium Amd Subdivision

Recreation

  • Heated Community Pool

Additional Features

  • Community Barbecue Grill
  • Operating Expense $26,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,319

Year Built

Built in 2005

Lot Details

2.27 Acres

Listing Details

  • Cross Street: N Gilbert Rd & E Guadalupe Rd
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MF/L
  • Number Of Buildings: 10
  • Year Built: 2005
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: VAUGHN MANOR CONDOMINIUM AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 42.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 42.0
  • Total Parking Spaces: 84.0
  • General Property Description:Covered Parking Spcs: 42.0
  • General Property Description:Uncvrd Parking Spcs: 42.0
  • General Property Description:Total Parking Spcs: 84.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Barbecue: Yes
  • Interior Amenities:Partially Furnished: Yes

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Gilbert Junior High School
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Lot Size: 2.269 acres / 98,823 sqft
  • Additional Parcels: No
  • Parcel #: 304-11-377

Multi Family

  • Owner Pays: Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 42
  • Annual Operating Expense: 26319.0

Tax Info

  • Tax Annual Amount: 26319.0
  • Tax Book Number: 304.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Aug 7, 2019
Sold by
The Tides At Downtown Gilbert Llc
Bought by
Pueblo Uno Associates Phoenix Llc
Seller's Agent
Ryan Smith
ZENDOOR
Buyer's Agent
Ryan Smith
ZENDOOR
List Price
$11,298,000
Sold Price
$10,540,000
Premium/Discount to List
-$758,000
-6.71%
Current Estimated Value
$397,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,143,000
Avg. Annual Appreciation
-40.55%
Original Mortgage
$5,797
Outstanding Balance
$5,077
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$340,923

Purchase Details

Closed on
Mar 27, 2008
Sold by
Vaughn Manor Condominium Assn Of Gilbert
Bought by
Barcena Henry A and Kraus John D

Purchase Details

Closed on
Jun 22, 2007
Sold by
Vaughn Manor Llc
Bought by
Vaughn Manor Condominium Assn Of Gilbert
Source: Public Records
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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
Pueblo Uno Associates Phoenix Llc $10,540,000 American Title Svc Agcy Llc
Barcena Henry A -- None Available
Vaughn Manor Condominium Assn Of Gilbert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pueblo Uno Associates Phoenix Llc $5,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2019 08/31/19 Sold $10,540,000 -6.7% $9,165 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $11,298,000 -- $9,824 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 -- $44 $44 --
2024 -- $75 $75 --
2023 -- $75 $75 --
2022 $0 $75 $75 $0
2021 $0 $75 $75 $0
2020 $0 $75 $75 $0
2019 $0 $75 $75 $0
2018 $0 $75 $75 $0
2017 $0 $75 $75 $0
2016 $0 $75 $75 $0
2015 -- $80 $80 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2019

    Ryan Smith

    ZENDOOR

    (602) 566-7203

    Ryan Smith
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5908058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-377

Arizona Maricopa County Gilbert 85234 Heritage District

36 E Vaughn Ave, Gilbert, AZ

Not Listed for Sale

MultiFamily

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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