NOT LISTED FOR SALE

40 E Palo Verde St Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $529,000 - $601,000

3 Beds
2 Baths
1,448 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $297,000 $205 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,089/month

1 Day on Market

Highlights

  • RV Access or Parking
  • 0.3 Acre Lot
  • No HOA
  • Gilbert Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of July 2018

Nestled quietly on a beautiful lot, this rustic farm-charm home is the perfect escape for someone looking to buy a location experience, as much as they are looking to buy their new home sweet home. With a backyard view of lush grass, mature trees & fire-pit area makes perfect gatherings. This 3 bedroom 2 bathroom home brings the perfect living space for those who have an adoration for downtown Gilbert living. This characteristic property boasts of 1,448 sqft.of spacious living. You'll experience walking into a vibrant setting with high ceiling and wood beams, a warm fireplace, cozy kitchen with subway tile backsplash, French doors in the living area open up for the perfect breeze during fall season. The home has been refreshed with grey tones & new flooring. You will not be disappointed!

Last Agent to Sell the Property

Shivani Dallas

Real Broker License #BR560952000 Listed on: 06/03/2018

Real Broker

Co-Listed By

Sarah Morales

eXp Realty License #SA553297000

Last Buyer's Agent

Christine Bayer

Bayer Realty License #BR583926000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Colonia Grande Lot 1 101 Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 304-23-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert/Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Updated Kitchen: Partial
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: kwif09
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: COLONIA GRANDE LOT 1-101
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 205.11
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1448.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Wood Frame, Painted, Slump Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13024.0
  • Parcel #: 304-23-170

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1154.0
  • Tax Book Number: 304.00
  • Tax Lot: 86
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2018
Closed on
Jun 19, 2018
Sold by
Mass Stephen D and Mass Aubrey K
Bought by
Small Tyler and Small Caitilin
Seller's Agent
Shivani Dallas
Real Broker
Buyer's Agent
Christine Bayer
Bayer Realty
List Price
$294,500
Sold Price
$297,000
Premium/Discount to List
$2,500
0.85%
Current Estimated Value
$563,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,335
Avg. Annual Appreciation
8.93%
Original Mortgage
$244,800
Outstanding Balance
$211,711
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$351,624

Purchase Details

Listed on
Jul 1, 2014
Closed on
Jul 31, 2014
Sold by
Anderson Christina
Bought by
Mass Aubrey K and Mass Stephen D
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Michelle Jernigan
Compass
List Price
$205,000
Sold Price
$202,000
Premium/Discount to List
-$3,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$191,900
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2014
Closed on
Jul 29, 2014
Sold by
Anderson Bret Richard and Anderson Christina
Bought by
Anderson Christina
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Michelle Jernigan
Compass
List Price
$205,000
Sold Price
$202,000
Premium/Discount to List
-$3,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jan 11, 2012
Sold by
Anderson Bret Richard
Bought by
Anderson Christina
Seller's Agent
John Beshk
The Beshk Group, Inc.
Buyer's Agent
James Meseroll
Desert Horizon Realty
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.21%
Original Mortgage
$112,571
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2011
Sold by
Schutte Carl and Schutte Carl H
Bought by
Desert Schoools Federal Credit Union
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
Small Tyler $280,000 Empire West Title Agency Llc
Mass Aubrey K $202,000 Great American Title Agency
Anderson Christina -- Great American Title Agency
Anderson Christina -- Pioneer Title Agency Inc
Anderson Christina $115,500 Pioneer Title Agency Inc
Desert Schoools Federal Credit Union $125,881 Empire West Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Tyler $244,800
Previous Owner Mass Aubrey K $191,900
Previous Owner Anderson Christina $112,571
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2018 07/09/18 Sold $297,000 +0.8% $205 / Sq Ft
06/03/2018 06/03/18 For Sale $294,500 +45.8% $203 / Sq Ft
08/05/2014 08/05/14 Sold $202,000 -1.5% $140 / Sq Ft View Prior Sale
07/04/2014 07/04/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $205,000 +73.7% $142 / Sq Ft
02/10/2012 02/10/12 Sold $118,000 0.0% $81 / Sq Ft View Prior Sale
12/27/2011 12/27/11 Pending -- -- --
12/21/2011 12/21/11 For Sale $118,000 -- $81 / 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 $1,659 $18,268 -- --
2024 $1,606 $17,398 -- --
2023 $1,606 $39,360 $7,870 $31,490
2022 $1,562 $24,450 $4,890 $19,560
2021 $1,615 $22,460 $4,490 $17,970
2020 $1,591 $20,650 $4,130 $16,520
2019 $1,478 $20,030 $4,000 $16,030
2018 $1,438 $18,310 $3,660 $14,650
2017 $1,154 $16,900 $3,380 $13,520
2016 $1,195 $15,450 $3,090 $12,360
2015 $1,088 $14,520 $2,900 $11,620
Source: Public Records

Agents Affiliated with this Home

  • Shivani Dallas

    Seller's Agent in 2018

    Shivani Dallas

    Real Broker

    (480) 467-7222

    3 in this area

    151 Total Sales

    Shivani Dallas
    Section Image
  • Sarah Morales

    Seller Co-Listing Agent in 2018

    Sarah Morales

    eXp Realty

    (602) 367-5337

    1 in this area

    113 Total Sales

    Sarah Morales
    Section Image
  • Christine Bayer

    Buyer's Agent in 2018

    Christine Bayer

    Bayer Realty

    (602) 527-5534

    37 Total Sales

    Christine Bayer
    Section Image
  • Beth Rider

    Seller's Agent in 2014

    Beth Rider

    Keller Williams Arizona Realty

    (602) 737-2414

    5 in this area

    1,554 Total Sales

    Beth Rider
    Section Image
  • Michelle Jernigan

    Buyer's Agent in 2014

    Michelle Jernigan

    Compass

    (503) 522-8290

    111 Total Sales

    Michelle Jernigan
    Section Image
  • John Beshk

    Seller's Agent in 2012

    John Beshk

    The Beshk Group, Inc.

    (602) 309-8888

    3 in this area

    53 Total Sales

    John Beshk
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5775173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-170

Arizona Maricopa County Gilbert 85296 Heritage District

40 E Palo Verde St, Gilbert, AZ

Not Listed for Sale

Detached

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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