NOT LISTED FOR SALE

405 E Bruce Ave Unit D Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $215,000 - $258,000

2 Beds
2 Baths
813 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $92,000 $113 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,372/month

23 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • High Speed Internet
  • Burk Elementary School Rated A-
  • Patio
  • 3-minute walk to John Allen Park

About This Home

As of June 2016

Great single level, 2 bedroom, 2 bath Patio home located in the Heart of Gilbert. Vaulted Ceilings, No Shared Walls, Family Room, Patio, Private storage area. New paint and carpet (April 2012). Clean, comfortable and move-in ready. Quick, easy access to schools, shopping and freeways.

Last Agent to Sell the Property

Matthew McKenney

RE/MAX Fine Properties License #BR043622000 Listed on: 04/25/2016

RE/MAX Fine Properties

Last Buyer's Agent

Danny Yung

West USA Realty License #SA646195000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 1985

Lot Details

  • 809 Sq Ft Lot
  • Desert faces the front of the property

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Burk Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Meadowbrook HOA, Phone Number (602) 943-2384
  • Meadowbrook Village Subdivision

Listing and Financial Details

  • Tax Lot 15D
  • Assessor Parcel Number 304-12-453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$408

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Gilbert & Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: East on Guadalupe, South on Burke(24th St), East on Bruce to 405 E Bruce on the Right Side.-Make sure you go to the correct unit-If you don't see a sign you are not at the correct unit.
  • Property Sub Type: Patio Home
  • Lot Size Acres: 0.02
  • Subdivision Name: Meadowbrook Village
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 120.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 813.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other, Patio
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Other5: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Meadowbrook HOA
  • Phone: 602-943-2384
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Meadowbrook HOA
  • Association Fees:HOA Telephone4: 602-943-2384
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 809.0
  • Parcel #: 304-12-453
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 408.0
  • Tax Book Number: 304.00
  • Tax Lot: 15D
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 26, 2016
Sold by
Wood Lance A
Bought by
Beccc Llc
Seller's Agent
Matthew McKenney
RE/MAX Fine Properties
Buyer's Agent
Danny Yung
West USA Realty
List Price
$94,900
Sold Price
$92,000
Premium/Discount to List
-$2,900
-3.06%
Current Estimated Value
$240,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,915
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Mccray David L
Bought by
Wood Lance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,925
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2007
Sold by
Wood Tiffany
Bought by
Wood Lance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,925
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Johnson Garry L and Johnson Anneli T K
Bought by
Mccray David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

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
Beccc Llc $92,000 Greystone Title Agency Llc
Wood Lance A $131,900 The Talon Group Gilbert
Wood Lance A -- The Talon Group Gilbert
Mccray David L $84,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Lance A $98,925
Previous Owner Wood Lance A $98,925
Previous Owner Mccray David L $79,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $92,000 -3.1% $113 / Sq Ft
05/04/2016 05/04/16 For Sale $94,900 +3.2% $117 / Sq Ft
04/26/2016 04/26/16 Off Market $92,000 -- --
04/25/2016 04/25/16 For Sale $94,900 0.0% $117 / Sq Ft
07/28/2014 07/28/14 Rented $750 0.0% --
07/26/2014 07/26/14 Under Contract -- -- --
07/20/2014 07/20/14 For Rent $750 +7.9% --
12/28/2013 12/28/13 Rented $695 0.0% --
12/27/2013 12/27/13 Under Contract -- -- --
12/26/2013 12/26/13 For Rent $695 +3.0% --
05/31/2012 05/31/12 Rented $675 0.0% --
05/15/2012 05/15/12 Under Contract -- -- --
04/24/2012 04/24/12 For Rent $675 -- --
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 $501 $5,730 -- --
2024 $504 $5,457 -- --
2023 $504 $17,960 $3,590 $14,370
2022 $490 $14,250 $2,850 $11,400
2021 $507 $12,230 $2,440 $9,790
2020 $499 $8,770 $1,750 $7,020
2019 $464 $7,960 $1,590 $6,370
2018 $451 $7,270 $1,450 $5,820
2017 $436 $6,810 $1,360 $5,450
2016 $447 $6,220 $1,240 $4,980
2015 $408 $5,500 $1,100 $4,400
Source: Public Records

Agents Affiliated with this Home

  • Matthew McKenney

    Seller's Agent in 2016

    Matthew McKenney

    RE/MAX

    (480) 233-4921

    91 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Danny Yung

    West USA Realty

    (480) 777-4500

    8 Total Sales

    Section Image

  • C

    Buyer's Agent in 2013

    Cayman Captain

    Keller Williams Realty Sonoran Living

    (480) 695-6001

    2 in this area

    125 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Chris Lewis

    RE/MAX

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5433392

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-453

Arizona Maricopa County Gilbert 85234 Downtown Gilbert

405 E Bruce Ave Unit D, Gilbert, AZ

This home is located at 405 E Bruce Ave Unit D, Gilbert, AZ 85234 since 25 April 2016 and is currently estimated at $243,636, approximately $299 per square foot. This property was built in 1985. 405 E Bruce Ave Unit D is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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