NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,224,000

5 Beds
3.5 Baths
3,341 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,130,000 $338 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,486/month

7 Days on Market

Highlights

  • Guest House
  • Arena
  • RV Gated
  • Ashland Elementary School Rated A
  • Private Pool
  • 1.11 Acre Lot

About This Home

As of August 2022

Hurry!This Custom home in Popular Gilbert area will not last long.618sqft Detached Guest House features 1 bedroom,1.5 baths, kitchen,family room,washer/dryer hookups &2 car garage with its own driveway &street access. NO HOA! This highly desirable SRP irrigated horse property has 8 stalls,arena & pasture.Situated on a quiet secluded CDS, borders bridle path trail with access to the Eastern Canal Trail System.Must see 2723sqft Main House has Soaring 10ft ceilings with 4 bedrooms&2 bath,split spacious Main Suite has Jacuzzi tub&door exit to pool.Formal living&dining room, family room with custom built ins&gas fireplace.Kitchen has island w/Farm sink&gas stove.Custom Granite countertops throughout.Stay cool in the lrg diving pool!Ramada&BBQ.Total of 5 Car Garages!New A/C's in 2021Owner/Agent

Last Listed By

Jeannine Sprague

HomeSmart License #SA042886000 Listed on: 07/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,024

Year Built

  • Built in 1995

Lot Details

  • 1.11 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 5 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,341 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Mesquite High School

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Arena

Utilities

  • Cooling System Updated in 2021
  • Zoned Heating and Cooling System
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Guest House
  • Flood Irrigation

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 304-43-255

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Casa Caballo Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,024

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Ray Rd and Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 17
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2015
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2008
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2021
  • Directions: East on Ray Rd. Turn right (South) on 140th St to El Dorado Ln. House on South corner.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.11
  • Subdivision Name: CASA CABALLO
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3341.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Gazebo, Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 5.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Ashland Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Horse Amenities: Arena, Auto Water, Bridle Path Access, Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 48347.0
  • Parcel #: 304-43-255
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4024.0
  • Tax Book Number: 304.00
  • Tax Lot: 20
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Spangenberg Joseph Henry and Spangenberg Ivonne Garcia
Bought by
367 El Dorado Llc
Total Days on Market
7
Current Estimated Value
$1,090,678

Purchase Details

Listed on
Jul 10, 2022
Closed on
Aug 1, 2022
Sold by
D And J Family Living Trust
Bought by
Spangenberg Joseph Henry and Rodriguez Ivonne Garcia
Seller's Agent
Jeannine Sprague
HomeSmart
Buyer's Agent
Rebecca Clarkson
West USA Realty
List Price
$1,350,000
Sold Price
$1,130,000
Premium/Discount to List
-$220,000
-16.3%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$647,200
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2021
Sold by
Sprague David D and Sprague Jeannine M
Bought by
Sprague David D and Sprague Jeannine M

Purchase Details

Closed on
Aug 28, 1997
Sold by
Apol Timothy A and Apol Twila S
Bought by
Sprague David D and Sprague Jeannine M

Purchase Details

Closed on
May 31, 1995
Sold by
Hacienda El Dorado Ranches Inc
Bought by
Apol Timothy A and Apol Twila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
367 El Dorado Llc -- --
Spangenberg Joseph Henry $1,130,000 Equity Title
Sprague David D -- None Available
Sprague David D $233,000 Lawyers Title Of Arizona Inc
Apol Timothy A $61,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spangenberg Joseph Henry $647,200
Previous Owner Apol Timothy A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,130,000 -0.9% $338 / Sq Ft
07/13/2022 07/13/22 Price Changed $1,140,000 -12.3% $341 / Sq Ft
07/13/2022 07/13/22 Price Changed $1,300,000 -3.7% $389 / Sq Ft
07/10/2022 07/10/22 For Sale $1,350,000 -- $404 / 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 $4,574 $52,302 -- --
2024 $3,997 $49,812 -- --
2023 $3,997 $82,730 $16,540 $66,190
2022 $3,871 $60,800 $12,160 $48,640
2021 $4,024 $49,560 $9,910 $39,650
2020 $3,956 $47,530 $9,500 $38,030
2019 $3,633 $46,180 $9,230 $36,950
2018 $3,516 $45,850 $9,170 $36,680
2017 $3,381 $43,930 $8,780 $35,150
2016 $3,482 $43,620 $8,720 $34,900
2015 $3,122 $42,470 $8,490 $33,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6431735

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-255