NOT LISTED FOR SALE

4232 E Towne Ln Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $468,549 - $513,000

3 Beds
2 Baths
1,725 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $230,000 $133 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,739/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Eat-In Kitchen
  • Towne Meadows Elementary School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Towne Meadows Park

About This Home

As of June 2016

Great Gilbert home in the terrific Towne Meadows neighborhood. A+ Gilbert Schools within walking distance; Friendly neighborhood, minutes from shopping, dining, and entertainment, plus easy freeway access. Home is clean, move in ready, with pride of ownership throughout. Neutral colors, granite counter tops, stainless steel appliances, tile flooring with carpet in all the right places; family room fireplace for warm cozy nights; screened in back porch for cool breezy evenings; easy to maintain yards, both front and back; updated bathrooms and newer carpet round out this truly inviting home.

Last Agent to Sell the Property

Glenn Loper

HomeSmart License #BR022864000 Listed on: 05/19/2016

HomeSmart

Last Buyer's Agent

Keng Lim

Superlative Realty License #SA640097000

Superlative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1991

Lot Details

  • 7,000 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Towne Meadows Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Association fees include ground maintenance
  • Renaissance Association, Phone Number (480) 813-6788
  • Built by RYLAND
  • Towne Meadows Amd Lot 1 591 Tr A Subdivision

Listing and Financial Details

  • Tax Lot 506
  • Assessor Parcel Number 304-06-541

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Cross Street: GUADALUPE AND RECKER
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 16.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Tax Year: 2015
  • Directions: GUADALUPE EAST TO PHEASANT; PHEASANT NORTH - AS IT VEERS RIGHT STREET BECOMES TOWNE LANE; HOME ON NORTH SIDE OF STREET
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: TOWNE MEADOWS AMD LOT 1-591 TR A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 50.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1725.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Screened in Patio(s)
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage 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: Management
  • Association Fee: 50.0
  • Association Fee Frequency: Quarterly
  • Association Name: TOWNE MEADOWS
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: TOWNE MEADOWS
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: RENAISSANCE
  • Association Fees:HOA Management Phone: 480-813-6788
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Towne Meadows Elementary School
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 304-06-541
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RYLAND

Tax Info

  • Tax Annual Amount: 1424.0
  • Tax Book Number: 304.00
  • Tax Lot: 506
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 27, 2016
Sold by
Chen Wu
Bought by
Chen Wu and Chen Lili
Seller's Agent
Glenn Loper
HomeSmart
Buyer's Agent
Keng Lim
Superlative Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$487,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,637
Avg. Annual Appreciation
8.77%
Original Mortgage
$218,500
Outstanding Balance
$105,408
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$394,660

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jul 29, 2015
Sold by
Spi Arizona Homes Llp
Bought by
Vasquez Francisco and Vasquez Janette
Seller's Agent
Joan Faith
Faith Real Estate and Investments, LLC
Buyer's Agent
Glenn Loper
HomeSmart
List Price
$219,900
Sold Price
$217,000
Premium/Discount to List
-$2,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$163,817
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 20, 2012
Closed on
Nov 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Spi Arizona Homes Lp
Seller's Agent
Robert Mitchell
Showtime Realty Professionals, LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$184,900
Sold Price
$158,000
Premium/Discount to List
-$26,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 31, 2012
Sold by
Morse Charles B and Morse Jean L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 1, 1999
Sold by
Patterson Patrick J and Patterson Kristina F
Bought by
Morse Charles B and Morse Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,608
Interest Rate
7.89%
Mortgage Type
Seller Take Back
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
Chen Wu -- None Available
Chen Wu -- Grand Canyon Title Agency
Chen Wu $230,000 Grand Canyon Title Agency
Vasquez Francisco $217,000 Empire West Title Agency
Spi Arizona Homes Lp $158,000 Great American Title Agency
Federal Home Loan Mortgage Corp -- Great American Title Agency
Federal Home Loan Mortgage Corp $153,465 Great American Title Agency
Morse Charles B $128,500 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wu $218,500
Previous Owner Vasquez Francisco $163,817
Previous Owner Morse Charles B $127,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $230,000 -2.1% $133 / Sq Ft
05/19/2016 05/19/16 For Sale $235,000 +8.3% $136 / Sq Ft
08/06/2015 08/06/15 Sold $217,000 -1.3% $126 / Sq Ft
07/19/2015 07/19/15 For Sale $219,900 +1.3% $127 / Sq Ft
07/19/2015 07/19/15 Off Market $217,000 -- --
07/10/2015 07/10/15 For Sale $219,900 0.0% $127 / Sq Ft
06/27/2014 06/27/14 Rented $1,195 0.0% --
06/27/2014 06/27/14 Under Contract -- -- --
06/18/2014 06/18/14 For Rent $1,195 0.0% --
02/28/2014 02/28/14 Rented $1,195 0.0% --
02/14/2013 02/14/13 Under Contract -- -- --
12/27/2012 12/27/12 For Rent $1,195 0.0% --
12/05/2012 12/05/12 Sold $158,000 -7.0% $92 / Sq Ft
12/02/2012 12/02/12 Price Changed $169,900 0.0% $98 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/24/2012 10/24/12 Price Changed $169,900 -8.1% $98 / Sq Ft
09/20/2012 09/20/12 For Sale $184,900 -- $107 / 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 $1,750 $19,446 -- --
2024 $1,756 $18,520 -- --
2023 $1,756 $34,800 $6,960 $27,840
2022 $1,423 $26,100 $5,220 $20,880
2021 $1,495 $24,370 $4,870 $19,500
2020 $1,472 $22,580 $4,510 $18,070
2019 $1,356 $20,620 $4,120 $16,500
2018 $1,308 $19,160 $3,830 $15,330
2017 $1,264 $17,800 $3,560 $14,240
2016 $1,531 $17,080 $3,410 $13,670
2015 $1,424 $16,280 $3,250 $13,030
Source: Public Records

Agents Affiliated with this Home

  • Glenn Loper

    Seller's Agent in 2016

    Glenn Loper

    HomeSmart

    (480) 839-3400

    3 in this area

    60 Total Sales

    Glenn Loper
    Section Image

  • K

    Buyer's Agent in 2016

    Keng Lim

    Superlative Realty

    1 in this area

    15 Total Sales

    Keng Lim
    Section Image

  • J

    Seller's Agent in 2015

    Joan Faith

    Faith Real Estate and Investments, LLC

    (480) 233-2903

    39 Total Sales

    Joan Faith
    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Evelyn De Vera

    New Life Real Estate

  • B

    Seller Co-Listing Agent in 2014

    Bradley Cline

    Faith Real Estate and Investments, LLC

    (480) 577-1017

    1 in this area

    16 Total Sales

    Bradley Cline
    Section Image
  • Cathy Vaivao

    Buyer's Agent in 2014

    Cathy Vaivao

    New Life Real Estate

    (602) 828-9260

    1 in this area

    10 Total Sales

    Cathy Vaivao
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5445287

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-541

Arizona Maricopa County Gilbert 85234 Val Vista

4232 E Towne Ln, Gilbert, AZ

This home is located at 4232 E Towne Ln, Gilbert, AZ 85234 since 19 May 2016 and is currently estimated at $487,637, approximately $282 per square foot. This property was built in 1991. 4232 E Towne Ln is a home located in Maricopa County with nearby schools including Towne Meadows Elementary School, Highland High School, and Highland Jr 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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