NOT LISTED FOR SALE

401 E Commerce Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $931,000 - $1,289,959

5 Beds
3 Baths
3,722 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2019

Last sale price $675,000 $181 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,385 / mo

44 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 0.85 Acre Lot
  • Burk Elementary School Rated A-
  • RV Access or Parking
  • 5-minute walk to Village II Park

About This Home

As of October 2019

Gorgeous 5 bed/3 bath basement home in the heart of Gilbert. This gem sits on nearly an acre of horse property with NO HOA! Home has a diving pool with waterfall, in-ground trampoline, and sports court, all within walking distance of downtown Gilbert. Extended 3-car garage, oversized driveway, and two RV gates add to this beautiful property with its mature shade trees and beautiful, lush grass. Indoors, there's room to spread out with separate living room, family room, and formal dining area. Open kitchen has double ovens and enormous pantry. Ground level bedrooms all have walk-in closets and the large laundry room has work sink and additional storage. Downstairs, huge den/media room has in-wall speakers, bedrooms are roomy, and bonus room offers even more flexible living space.

Last Agent to Sell the Property

John Smith

Long Realty Company License #BR666559000 Listed on: 08/22/2019

Long Realty Company

Last Buyer's Agent

Daryl Stuteville

A.Z. & Associates License #SA669416000

A.Z. & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1995

Lot Details

  • 37,161 Sq Ft Lot
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • ICAT Recessed Lighting
  • Stucco

Interior Spaces

  • 3,722 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Solar Screens
  • Living Room with Fireplace
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Carpet
  • Sustainable
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Bathroom has a 60 inch turning radius
  • Kitchen Appliances
  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Raised Toilet
  • Hard or Low Nap Flooring

Pool

  • Private Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Flood Irrigation
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 304-97-037

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • K C Ranch Estates Phase 2 Amd Lot 47 100 115 Tr A Subdivision

Recreation

  • Sport Court
  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,370

Year Built

Built in 1995

Lot Details

0.85 Acres

Parking

3

Listing Details

  • Cross Street: Guadalupe & Burk
  • 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: Y
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2009
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2009
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.85
  • Subdivision Name: K-C RANCH ESTATES PHASE 2 AMD LOT 47-100 115 TR A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 181.35
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Construction ICAT Recessed Lighting: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood, Sustainable
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Accessibility Features: Accessible Door 32in+ Wide, Hard/Low Nap Floors, Bath Raised Toilet, Bath Lever Faucets, Bath 60in Trning Rad, Accessible Hallway(s), Accessible Kitchen Appliances
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3722.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Other, Private Yard, Sport Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Back, Flood Irrigation
  • Pool Features: Variable Speed Pump, Diving Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: ICAT Recessed Lighting, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Sport Court(s): Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 8.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric, Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Horse Amenities: Bridle Path Access
  • Land Lease: No
  • Lot Size Sq Ft: 37161.0
  • Parcel #: 304-97-037

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Recirculation Pump

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4370.0
  • Tax Book Number: 304.00
  • Tax Lot: 83
  • Tax Map Number: 97.00

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 22, 2019
Closed on
Oct 7, 2019
Sold by
Bought by
Seller's Agent
John Smith
Long Realty Company
Buyer's Agent
Daryl Stuteville
A.Z. & Associates
List Price
$682,500
Sold Price
$675,000
Premium/Discount to List
-$7,500
-1.1%
Current Estimated Value
$1,103,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,990
Avg. Annual Appreciation
7.67%
Original Mortgage
$607,500
Outstanding Balance
$523,919
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$580,071

Purchase Details

Closed on
Aug 25, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2009
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
$268,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2006
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
$668,000
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
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
$480,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
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
$300,700
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1997
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
$249,300
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 1995
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
$175,900
Interest Rate
7.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$675,000 Pioneer Title Agency Inc
-- None Available
$335,000 Lsi Title Agency
$320,000 Security Title Agency
-- Capital Title Agency Inc
-- Transnation Title
-- Transnation Title
$387,750 Fidelity National Title
$262,500 First American Title
$52,500 First American Title
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
Open $607,500
Previous Owner $268,000
Previous Owner $668,000
Previous Owner $480,000
Previous Owner $300,700
Previous Owner $249,300
Previous Owner $175,900
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
10/15/2019 10/15/19 Sold $675,000 -1.1% $181 / Sq Ft
07/25/2019 07/25/19 For Sale $682,500 -- $183 / 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 $5,134 $62,872 -- --
2024 $4,951 $59,878 -- --
2023 $4,951 $85,320 $17,060 $68,260
2022 $4,794 $63,000 $12,600 $50,400
2021 $4,981 $63,660 $12,730 $50,930
2020 $4,896 $60,010 $12,000 $48,010
2019 $4,507 $57,230 $11,440 $45,790
2018 $4,370 $55,910 $11,180 $44,730
2017 $4,209 $51,600 $10,320 $41,280
2016 $4,308 $49,400 $9,880 $39,520
2015 $3,897 $45,200 $9,040 $36,160
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Smith

    Long Realty Company

    Section Image
  • Daryl Stuteville

    Buyer's Agent in 2019

    Daryl Stuteville

    A.Z. & Associates Real Estate Group

    (623) 203-2850

    1 in this area

    96 Total Sales

    Daryl Stuteville
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5968291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-97-037

Arizona Maricopa County Gilbert 85234 Heritage District

401 E Commerce Ave, 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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