NOT LISTED FOR SALE

425 E Cullumber Ave Unit C Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $248,000 - $279,000

2 Beds
2 Baths
813 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $230,000 $283 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,627/month

17 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Screened Patio
  • Burk Elementary School Rated A-
  • Double Pane Windows
  • 5-minute walk to John Allen Park

About This Home

As of June 2023

WELCOME HOME! AMAZING OPPORTUNITY FOR HOME OWNERSHIP UNDER 300K IN THE HEART OF GILBERT, AZ. STEPS FROM DOWNTOWN GILBERT AND BEAUTIFUL PARKS. QUIET, PRIVATE AREA YET CLOSE TO ALL OF THE AMMENITIES GILBERT HAS TO OFFER. NEW TRANE A/C UNIT, NEW HOT WATER HEATER CERAMIC TILE, NEW CARPET AND PAINT IN GUEST BEDROOM, GRANITE COUNTER TOPS, NEW DISHWASHER, CUSTOM CABINET LIGHTING AND ENCLOSED AZ ROOM. HUGE USEABLE AMOUNT OF ATTIC STORAGE. ALL APPLIANCES CONVEY. THIS HOME HAS IT ALL AND IS READY FOR NEW OWNERS.

Last Agent to Sell the Property

Lisa Bradford

Opportunity 2 Own Real Estate License #SA642039000 Listed on: 05/11/2023

Last Buyer's Agent

Luis Alvarez

Fathom Realty Elite License #SA705874000

Fathom Realty Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $407

Year Built

  • Built in 1985

Lot Details

  • 767 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Electric Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Open Parking Space
  • Side or Rear Entrance to Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Schools

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

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25C
  • Assessor Parcel Number 304-12-492

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, maintenance exterior
  • Desert Vista Association, Phone Number (480) 573-8999
  • Meadowbrook Village Amd Subdivision

Recreation

  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$407

Year Built

Built in 1985

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 168.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2023
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: Elliot West to Burk - North on Burk to the complex on right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MEADOWBROOK VILLAGE AMD
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 168.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 813.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Screened in Patio(s), Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Parking Features: Side Vehicle Entry, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 168.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Vista
  • Phone: 480-573-8999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Vista
  • Association Fees:HOA Telephone4: 4805738999
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 767.0
  • Parcel #: 304-12-492

Building Info

  • Builder Name: UK

Tax Info

  • Tax Annual Amount: 407.0
  • Tax Book Number: 304.00
  • Tax Lot: 25C
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 20, 2023
Sold by
Burk St Llc and Esp Investment Group Llc
Bought by
Murset David and Murset Emmalyn
Seller's Agent
Lisa Bradford
Opportunity 2 Own Real Estate
Buyer's Agent
Luis Alvarez
Fathom Realty Elite
List Price
$280,000
Sold Price
$230,000
Premium/Discount to List
-$50,000
-17.86%
Views
256
Current Estimated Value
$267,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,170
Avg. Annual Appreciation
6.64%
Original Mortgage
$231,750
Outstanding Balance
$226,139
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$41,031

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 13, 2023
Sold by
Burks Derek S
Bought by
Burk St Llc
Seller's Agent
Lisa Bradford
Opportunity 2 Own Real Estate
Buyer's Agent
Luis Alvarez
Fathom Realty Elite
List Price
$280,000
Sold Price
$230,000
Premium/Discount to List
-$50,000
-17.86%
Views
256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Outstanding Balance
$226,139
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$41,031

Purchase Details

Closed on
Jul 12, 2002
Sold by
Palm Paradise Corp
Bought by
Burks Derek S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,650
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1997
Sold by
Reed James Anthony
Bought by
Palm Paradise Corp
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
Murset David $314,000 Driggs Title Agency
Burk St Llc $226,500 Empire Title Agency
Burks Derek S $64,900 First Southwestern Title
Palm Paradise Corp $36,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murset David $231,750
Closed Burk St Llc $215,000
Previous Owner Burks Derek S $61,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $230,000 -14.8% $283 / Sq Ft
05/21/2023 05/21/23 Price Changed $269,999 -3.6% $332 / Sq Ft
05/12/2023 05/12/23 For Sale $280,000 -- $344 / 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 $504 $5,764 -- --
2024 $420 $5,490 -- --
2023 $420 $18,320 $3,660 $14,660
2022 $407 $14,530 $2,900 $11,630
2021 $430 $12,480 $2,490 $9,990
2020 $424 $8,860 $1,770 $7,090
2019 $390 $8,030 $1,600 $6,430
2018 $378 $7,350 $1,470 $5,880
2017 $364 $6,870 $1,370 $5,500
2016 $377 $6,280 $1,250 $5,030
2015 $343 $5,560 $1,110 $4,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6547978

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-492