NOT LISTED FOR SALE

Estimated Value: $289,000 - $793,000

0.16 Acres
$2,791,725 Price per Acre
6,970 Sq Ft Lot

Sale Details

Date Sold: February 16, 2021

Last sale price $250,000

Est. 79% increase in value since last sale

Current estimated payment $2,432 / mo

31 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Water Tower Plaza
  • Burk Elementary School Rated A-

About This Lot

As of February 2021

Investors/Builders - Exciting opportunity to purchase vacant lot in Gilbert Heritage District with no HOA & approved plans for construction of two, 3-story residential units. Just need to pay permit & development fees to start construction. Designed as spacious, 2,000 SF units each with a 2-car garage, bedroom, full bath & outdoor patio area on 1st floor, great room & kitchen with walk-in pantry & half bath on 2nd floor and two master suites on 3rd floor. Covered patios or decks on 2nd & 3rd floors will provide wonderful views of downtown Gilbert. Units are tastefully designed and would make great rental units, short-term vacation rentals or a primary residence plus a rental. Lot is within walking distance of Old Town Gilbert with abundant choices for entertainment, activities and dining.

Last Agent to Sell the Property

Wade Denman

Denman Realty Group, L.L.C License #BR116073000 Listed on: 12/17/2020

Last Buyer's Agent

Jonas Funston

Realty ONE Group License #SA563488000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $393

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Property is zoned Multi

Eco-Friendly Details

  • North or South Exposure

Schools

  • Burk Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304-11-166-C

Property Details

Property Type

Land

Est. Annual Taxes

$393

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Cross Street: Elliot & Gilbert
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Other, Plans Included
  • Topography: Level
  • Zoning: Multi
  • Tax Year: 2020
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: Other

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size: rectangle
  • Lot Size Sq Ft: 6970.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-11-166-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 393.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 11.00

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

Closed on
Feb 5, 2024
Sold by
Bought by
Current Estimated Value
$446,676

Purchase Details

Closed on
Nov 22, 2022
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
$310,000 Security Title Agency
-- --
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
Closed $175,000
Closed $600,300
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
02/16/2021 02/16/21 Sold $250,000 -3.8% --
12/15/2020 12/15/20 For Sale $260,000 -- --
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 $410 $4,515 $4,515 --
2024 $397 $4,300 $4,300 --
2023 $397 $30,690 $30,690 $0
2022 $386 $6,300 $6,300 $0
2021 $399 $5,955 $5,955 $0
2020 $393 $5,835 $5,835 $0
2019 $365 $4,320 $4,320 $0
2018 $355 $4,425 $4,425 $0
2017 $344 $3,540 $3,540 $0
2016 $352 $3,165 $3,165 $0
2015 $343 $3,552 $3,552 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6172120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-166C

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