NOT LISTED FOR SALE

36 N Gilbert Rd Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $427,764

Studio
2 Baths
867 Sq Ft
$493/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2015

Last sale price $210,000 $242 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,505 / mo

5 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Gilbert Elementary School Rated A-
  • Partially Fenced Property
  • 4-minute walk to Veterans Park

About This Home

As of August 2015

Located in Heritage Village Center Zoning District (HVC) in downtown Gilbert, Arizona. Lots of new development going in. Price is for building only. Current tanning business and equipment additional $25,000. Owner is licensed in real estate in Arizona. Owner will carry with agreement for sale at 6% with $50,000 down for building only or $65,000 down with tanning business with no qualifying. Call for details. New A/C unit 4/13. New roof shingles 2012. Parking lot repaved 2013. Back alley exit. Pictures taken of business's on both sides and across street. 1/2 bath only. No hot water heater. Business on north side is real estate office. Business on south is antique store. New Hanna Commercial Center Building plus restaurant approved to be built at 100 N. Gilbert Road.

Last Agent to Sell the Property

Donald Geahlen

Mesa Realty, Inc. License #BR004992000 Listed on: 08/05/2015

Last Buyer's Agent

Frank Gerola

Venture REI, LLC License #SA645607000

Venture REI, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1930

Lot Details

  • 6,500 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned Commercial

Home Design

  • 867 Sq Ft Home
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Tax Lot 27-28
  • Assessor Parcel Number 302-18-041

Community Details

Overview

  • Building Dimensions are Approximate 50 x 130
  • Lacy Tract Lot 27 28 Blk 3 Subdivision

Additional Features

  • Reception Area
  • Operating Expense $1,175

Property Details

Property Type

Other

Est. Annual Taxes

$1,175

Year Built

Built in 1930

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Cross Street: Gilbert/Elliot
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Current Use: Service Business
  • Number Of Buildings: 1
  • Year Built: 1930
  • Tax Year: 2014
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: LACY TRACT LOT 27-28 BLK 3
  • Structure Type: Commercial
  • Railroad Available: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: Block, Partial
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, APS
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Reception Room, Raised Floor
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size: Approximate 50 x 130
  • Lot Size Sq Ft: 6500.0
  • Additional Parcels: No
  • Parcel #: 302-18-041
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1175.0

Tax Info

  • Tax Annual Amount: 1175.0
  • Tax Book Number: 302.00
  • Tax Lot: 27-28
  • Tax Map Number: 18.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Aug 12, 2015
Sold by
Bought by
Seller's Agent
Donald Geahlen
Mesa Realty, Inc.
Buyer's Agent
Frank Gerola
Incyte Realty, LLC
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$427,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,764
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Dec 28, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 1991
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 First Arizona Title Agency
$148,000 American Title Service Agenc
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $140,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $210,000 -6.7% $242 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $225,000 -- $260 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,385 $26,269 -- --
2024 $2,453 $25,800 -- --
2023 $2,453 $35,377 $19,465 $15,912
2022 $2,456 $31,535 $16,485 $15,050
2021 $2,613 $32,490 $16,956 $15,534
2020 $2,574 $31,986 $16,200 $15,786
2019 $2,392 $30,636 $15,444 $15,192
2018 $2,326 $16,974 $11,592 $5,382
2017 $1,186 $16,002 $10,728 $5,274
2016 $1,216 $14,328 $9,576 $4,752
2015 $1,139 $10,305 $6,660 $3,645
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Donald Geahlen

    Mesa Realty, Inc.

    (602) 999-9350

    5 Total Sales

    Donald Geahlen
    Section Image
  • Frank Gerola

    Buyer's Agent in 2015

    Frank Gerola

    Venture REI, LLC

    (480) 231-3401

    15 in this area

    171 Total Sales

    Frank Gerola
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5316406

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-18-041

Arizona Maricopa County Gilbert 85233 Heritage District

36 N Gilbert Rd, Gilbert, AZ

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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