NOT LISTED FOR SALE

401 S Capitol Ave Gila Bend, AZ 85337

Estimated Value: $109,034 - $176,000

2 Beds
1 Bath
1,068 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $25,000 $23 Per Sq Ft

Est. 472% increase in value since last sale

Current estimated payment $770/month

120 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Heating Available
  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of February 2023

Stop the car! This property is an excellent opportunity for investors to remodel; sitting on a 17,000sq. ft. lot with an added detached casita. Seller updated the AC unit in 2016 as well as the roof and electrical box in 2019. This home has been previously flooded in 2021, but didn't reach the new electrical panel. Plenty of potential!

Last Agent to Sell the Property

Yesenia Espinoza

A.Z. & Associates License #BR571746000 Listed on: 10/05/2022

A.Z. & Associates

Last Buyer's Agent

Michelle Minik

Realty of America LLC License #SA523526000

Realty of America LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108

Year Built

  • Built in 1941

Lot Details

  • 0.39 Acre Lot
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Gila Bend Elementary School
  • Gila Bend High Middle School
  • Gila Bend High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Gila Bend Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 402-14-013-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$108

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Pima & Martin Ave.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1941
  • Tax Year: 2022
  • Directions: Head South on Martin Ave., East on Locke St., North on Capital Ave.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: Gila Bend
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1068.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • 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: Gila Bend Elementary
  • High School: Gila Bend High School
  • Junior High Dist: Gila Bend Unified District
  • Middle Or Junior School: Gila Bend High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17101.0
  • Parcel #: 402-14-013-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 108.0
  • Tax Book Number: 402.00
  • Tax Lot: 3
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Feb 10, 2023
Sold by
Oblea Edein Arroyo and Oblea Maria De
Bought by
Cardinal Keith
Seller's Agent
Yesenia Espinoza
A.Z. & Associates
Buyer's Agent
Michelle Minik
Realty of America LLC
List Price
$59,900
Sold Price
$25,000
Premium/Discount to List
-$34,900
-58.26%
Views
211
Current Estimated Value
$143,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,011
Avg. Annual Appreciation
103.92%

Purchase Details

Listed on
Oct 28, 2015
Closed on
Feb 11, 2016
Sold by
Citifinancial Servicing Llc
Bought by
Oblea Edein Arroyo and Dejesus Ramos Lopez
Seller's Agent
Ruben Lujan
Desert Gateway Realty
Buyer's Agent
Nora Anaya
A.Z. & Associates
List Price
$16,999
Sold Price
$17,000
Premium/Discount to List
$1
0.006%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Jul 31, 2015
Sold by
Lopez Gabriel and Lopez Ernestine S
Bought by
Citifinancial Servicing Llc

Purchase Details

Closed on
Dec 27, 1995
Sold by
Trip Ruben B
Bought by
Lopez Gabriel and Lopez Ernestine S

Purchase Details

Closed on
Apr 27, 1995
Sold by
Lopez Patricia Ann
Bought by
Trip Ruben B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cardinal Keith $25,000 Fidelity National Title Agency
Oblea Edein Arroyo $17,000 Clear Title Agency Of Az Llc
Citifinancial Servicing Llc $40,515 Great American Title Agency
Lopez Gabriel -- Security Title Agency
Trip Ruben B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Gabriel $42,042
Previous Owner Lopez Gabriel $21,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $25,000 -16.7% $23 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $29,999 -23.1% $28 / Sq Ft
01/05/2023 01/05/23 Price Changed $39,000 -13.3% $37 / Sq Ft
12/06/2022 12/06/22 Price Changed $45,000 -6.3% $42 / Sq Ft
11/21/2022 11/21/22 Price Changed $48,000 -2.0% $45 / Sq Ft
11/08/2022 11/08/22 Price Changed $49,000 -18.2% $46 / Sq Ft
10/05/2022 10/05/22 For Sale $59,900 +252.4% $56 / Sq Ft
02/19/2016 02/19/16 Sold $17,000 0.0% $16 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $16,999 0.0% $16 / Sq Ft
01/24/2016 01/24/16 Off Market $17,000 -- --
01/11/2016 01/11/16 Price Changed $16,999 -26.1% $16 / Sq Ft
12/03/2015 12/03/15 Price Changed $22,999 -30.3% $22 / Sq Ft
10/26/2015 10/26/15 For Sale $32,999 -- $31 / 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 $99 $1,535 -- --
2024 $120 $1,462 -- --
2023 $120 $1,983 $850 $1,133
2022 $108 $1,860 $850 $1,010
2021 $146 $4,460 $890 $3,570
2020 $153 $2,330 $460 $1,870
2019 $147 $1,530 $300 $1,230
2018 $132 $1,720 $340 $1,380
2017 $140 $1,680 $330 $1,350
2016 $115 $1,680 $330 $1,350
2015 $122 $1,830 $360 $1,470
Source: Public Records

Agents Affiliated with this Home

  • Yesenia Espinoza

    Seller's Agent in 2023

    Yesenia Espinoza

    A.Z. & Associates Real Estate Group

    (623) 826-6857

    13 in this area

    159 Total Sales

    Yesenia Espinoza
    Section Image
  • Michelle Minik

    Buyer's Agent in 2023

    Michelle Minik

    Realty of America LLC

    (623) 850-5401

    1 in this area

    434 Total Sales

    Michelle Minik
    Section Image

  • H

    Buyer Co-Listing Agent in 2023

    Heather McDaniel

    Realty One Group

    (602) 276-0407

    1 in this area

    20 Total Sales

    Heather McDaniel
    Section Image
  • Ruben Lujan

    Seller's Agent in 2016

    Ruben Lujan

    Desert Gateway Realty

    (480) 550-9272

    41 Total Sales

    Ruben Lujan
    Section Image
  • Nora Anaya

    Buyer's Agent in 2016

    Nora Anaya

    A.Z. & Associates Real Estate Group

    11 Total Sales

    Nora Anaya
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6473873

Arizona Regional Multiple Listing Service (ARMLS)

APN: 402-14-013A

Arizona Maricopa County Gila Bend 85337

401 S Capitol Ave, Gila Bend, AZ

This home is located at 401 S Capitol Ave, Gila Bend, AZ 85337 since 05 October 2022 and is currently estimated at $143,011, approximately $133 per square foot. This property was built in 1941. 401 S Capitol Ave is a home located in Maricopa County with nearby schools including Gila Bend Elementary School and Gila Bend High School.

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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