$413,000 - $433,000
RENTED MAY 1, 2025

422 N Mahogany Ct Unit 80 Gilbert, AZ 85233

Downtown Gilbert Neighborhood
3 Beds
3 Baths
1,572 Sq Ft
$269 Price per Sq Ft

Last Sold September 06, 2017

Last sale price $207,500 $132 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,469/month

About This Home

As of September 2017

This home is located in the subdivision of Arbor Walk, In the heart of Downtown Gilbert. This 3 bedroom, 3 bathroom home is move-in ready. Park in your attached 2 car garage and enter the bottom floor to find the laundry room and a roomy bedroom with a full bathroom. Head upstairs to the main level and you'll find the kitchen, dining and family room area, small balcony and a second bedroom with full bathroom. The third floor will bring you to your Primary suite! Complete with a large walk-in closet and full bath. Home is in a great location of the community which features walking paths, play area and community pool. Just a short walk to downtown Gilbert, and a few minutes to the freeways! NO OVERNIGHT STREET PARKING ALLOWED. Tenant parking is only in the 2 car

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Townsend Eric
Bought by
Ae Homes Llc and Townsend
Current Estimated Value
$422,501

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 5, 2017
Sold by
Calderon Elizabeth and Calderon Rebecca
Bought by
Townsend Eric
Seller's Agent
William Ryan
Infinity & Associates Real Estate
Buyer's Agent
Jodi Kevern
Arizona Focus Realty
List Price
$219,900
Sold Price
$207,500
Premium/Discount to List
-$12,400
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$155,625
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 1, 2017
Sold by
Townsend Angela
Bought by
Townsend Eric
Seller's Agent
William Ryan
Infinity & Associates Real Estate
Buyer's Agent
Jodi Kevern
Arizona Focus Realty
List Price
$219,900
Sold Price
$207,500
Premium/Discount to List
-$12,400
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Classic Communities Inc
Bought by
Calderon Elizabeth M and Calderon Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
6.04%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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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
Ae Homes Llc -- None Listed On Document
Townsend Eric $219,900 Title Alliance Infinity Agen
Townsend Eric -- Title Alliance Infinity Agen
Calderon Elizabeth M $144,672 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Rene $288,000
Previous Owner Townsend Eric $150,700
Previous Owner Townsend Eric $155,625
Previous Owner Calderon Elizabeth M $122,335
Previous Owner Calderon Elizabeth M $140,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $2,050 0.0% --
04/24/2025 04/24/25 Under Contract -- -- --
04/16/2025 04/16/25 Price Changed $2,050 -2.1% $1 / Sq Ft
04/03/2025 04/03/25 For Rent $2,095 0.0% --
09/06/2017 09/06/17 Sold $207,500 -5.6% $132 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $219,900 -- $140 / Sq Ft

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 $1,250 $14,299 -- --
2024 $1,257 $13,618 -- --
2023 $1,257 $30,210 $6,040 $24,170
2022 $1,222 $23,280 $4,650 $18,630
2021 $1,264 $21,110 $4,220 $16,890
2020 $1,246 $19,360 $3,870 $15,490
2019 $1,157 $17,210 $3,440 $13,770
2018 $1,125 $15,620 $3,120 $12,500
2017 $904 $14,580 $2,910 $11,670
2016 $935 $13,520 $2,700 $10,820
2015 $852 $12,910 $2,580 $10,330
Source: Public Records

Agents Affiliated with this Home

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