NOT LISTED FOR SALE

Estimated Value: $1,158,552 - $1,286,000

4 Beds
3 Baths
2,941 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,250,000 $425 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,692/month

66 Days on Market

Highlights

  • Arena
  • RV Access or Parking
  • 2.01 Acre Lot
  • Mesquite Elementary School Rated A-
  • Gated Parking
  • Santa Fe Architecture

About This Home

As of July 2022

RARE opportunity for peaceful, ranch living on 2 irrigated acres. One mile from downtown Gilbert. The town of Gilbert has been voted #1 place to live in the state! Bring your horses and green thumb to this lush, tree covered oasis in walking distance to top rated Gilbert schools and charming downtown restaurants/shopping area. This Santa Fe style ranch home has 4 beds/3 baths with huge separate office with its own entrance. The updated 3000 sq ft home boasts all new appliances including AC. Gorgeous paver driveway, 2 car garage and mature landscaping. 10 horse stalls make this an income property with endless possibilities. Home is conveniently located within minutes of the 60, making it easily commutable to the entire valley. Truly a one of a kind property in the heart of it all!

Last Agent to Sell the Property

Tim Troy

eXp Realty License #SA626157000 Listed on: 04/05/2022

eXp Realty

Last Buyer's Agent

Mike Caruso

HomeSmart License #SA540586000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1975

Lot Details

  • 2.01 Acre Lot
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • Oversized Parking
  • Side or Rear Entrance to Parking
  • Gated Parking
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 2,941 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio
  • Playground

Location

  • Property is near bus stop

Schools

  • Mesquite Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ka Lo Park Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 304-22-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,798

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay and Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1975
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.01
  • Subdivision Name: KA-LO PARK
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 425.02
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 2941.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Playground
  • Lot Features: Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Other, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Extended Length Garage, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: Mesquite Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Horse Amenities: Arena, Auto Water, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 87560.0
  • Parcel #: 304-22-031

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2798.0
  • Tax Book Number: 304.00
  • Tax Lot: 14
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jun 2, 2022
Sold by
Schminke Family Trust
Bought by
Crutchfield Walter and Crutchfield Carol
Seller's Agent
Tim Troy
eXp Realty
Buyer's Agent
Mike Caruso
HomeSmart
List Price
$1,600,000
Sold Price
$1,250,000
Premium/Discount to List
-$350,000
-21.88%
Current Estimated Value
$1,224,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,862
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Sep 7, 2021
Sold by
Schminke John and Schminke Jenna
Bought by
Schminke John and Schminke Jenna

Purchase Details

Closed on
Dec 2, 2020
Sold by
Schminke John and Schminke Jenna
Bought by
Schminke John and Schminke Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 30, 2017
Sold by
Glenn Glenn J and Glenn Billi J
Bought by
Schminke John and Schminke Jenna
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
David R. Tussing
HomeSmart
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$446,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Glenn Christine E
Bought by
Glenn J Seargeant and Glenn Billi Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 2009
Sold by
Santucci Shelly J
Bought by
Glenn Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,400
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2003
Sold by
Reimer Garth and Reimer Rosanne
Bought by
Santucci Shelley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Lakota Homes Llc
Bought by
Anderson Joel W and Anderson Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.91%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Crutchfield Walter $1,238,000 First American Title
Schminke John -- None Available
Schminke John -- Pioneer Title Agency Inc
Schminke John $525,000 Security Title Agency Inc
Glenn J Seargeant $250,000 None Available
Glenn Christine E $250,500 Security Title Agency
Santucci Shelley J $270,000 Security Title Agency
Anderson Joel W $184,177 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schminke John $427,000
Previous Owner Schminke John $446,250
Previous Owner Glenn J Seargeant $250,000
Previous Owner Glenn Christine E $200,400
Previous Owner Santucci Shelley J $243,000
Previous Owner Anderson Joel W $172,000
Closed Anderson Joel W $13,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $1,250,000 -10.1% $425 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $1,390,000 -6.7% $473 / Sq Ft
04/30/2022 04/30/22 Price Changed $1,490,000 -3.9% $507 / Sq Ft
04/20/2022 04/20/22 Price Changed $1,550,000 -3.1% $527 / Sq Ft
03/28/2022 03/28/22 For Sale $1,600,000 +204.8% $544 / Sq Ft
07/05/2017 07/05/17 Sold $525,000 -4.5% $175 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $550,000 -- $183 / 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 $3,345 $43,455 -- --
2024 $2,731 $41,386 -- --
2023 $2,731 $60,770 $12,150 $48,620
2022 $2,649 $46,610 $9,320 $37,290
2021 $2,798 $45,130 $9,020 $36,110
2020 $2,755 $41,050 $8,210 $32,840
2019 $2,532 $37,270 $7,450 $29,820
2018 $2,454 $33,960 $6,790 $27,170
2017 $2,368 $31,350 $6,270 $25,080
2016 $2,451 $29,800 $5,960 $23,840
2015 $2,233 $26,850 $5,370 $21,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6375664

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-22-031