NOT LISTED FOR SALE

Estimated Value: $426,000 - $456,000

3 Beds
2 Baths
1,305 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $190,000 $146 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,368/month

14 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Tile Flooring
  • Gilbert Elementary School Rated A-
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of February 2017

INVESTOR ONLY. Looking for a solid home near the heart of Gilbert with a LONG TERM Tenant
in place? This is it! Seller has relocated out of state and has priced this to SELL with their
Tenant in place! Block construction, 3 bedroom, 2 bath, with enclosed patio, living area, kitchen
and 2 car garage make this home at just over 1,300 square feet a keeper. Downtown Gilbert is
busting with redevelopment! DRIVE-BY ONLY please do not disturb the Tenants who have leased for
several years and look forward to remaining in place. Price to SELL with pre-listing inspections
done and any significant repairs addressed! Property will be made available for showing with
accepted Purchase Agreement. Drive-by today! Priced to SELL!

Last Agent to Sell the Property

Jeff Reich

Russ Lyon Sotheby's International Realty License #BR531164000 Listed on: 01/28/2017

Last Buyer's Agent

Nikki Bernstein

Engel & Voelkers Scottsdale License #BR101625000

Engel & Voelkers Scottsdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 1978

Lot Details

  • 7,893 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Old West Estates Subdivision

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 302-31-162-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Elliot and Gilbert
  • 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
  • Items Updated Floor Yr Updated: 2017
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2008
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Old West Estates
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 145.59
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1305.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Corner Lot, Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Gilbert Elementary School
  • High School: Mesquite 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: 7893.0
  • Parcel #: 302-31-162-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 843.0
  • Tax Book Number: 302.00
  • Tax Lot: 150
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
Mar 7, 2017
Sold by
Genualdi Gregg
Bought by
Gmg Property Iv Llc
Seller's Agent
Jeff Reich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nikki Bernstein
Engel & Voelkers Scottsdale
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$438,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,506
Avg. Annual Appreciation
9.84%

Purchase Details

Listed on
Jan 28, 2017
Closed on
Feb 19, 2017
Sold by
Bushman Jessica M and Madla Jessica
Bought by
Genualdi Gregg
Seller's Agent
Jeff Reich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nikki Bernstein
Engel & Voelkers Scottsdale
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Jones John E
Bought by
Madia Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Nelson Rod A and Nelson Tina M
Bought by
Jones John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Gmg Property Iv Llc -- None Available
Genualdi Gregg $190,000 Old Republic Title Agency
Madia Jessica $165,000 Capital Title Agency Inc
Jones John E $143,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madia Jessica $132,000
Closed Madia Jessica $16,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $190,000 -4.5% $146 / Sq Ft
01/28/2017 01/28/17 For Sale $199,000 -- $152 / 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 $1,170 $12,887 -- --
2024 $1,133 $12,274 -- --
2023 $1,133 $30,260 $6,050 $24,210
2022 $1,102 $23,410 $4,680 $18,730
2021 $1,140 $21,950 $4,390 $17,560
2020 $1,123 $20,180 $4,030 $16,150
2019 $1,043 $17,880 $3,570 $14,310
2018 $1,014 $15,710 $3,140 $12,570
2017 $981 $13,670 $2,730 $10,940
2016 $843 $12,880 $2,570 $10,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5553167

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-31-162A