NOT LISTED FOR SALE

428 S Oak St Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $707,000 - $719,000

4 Beds
2 Baths
2,602 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $360,900 $139 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,241/month

1 Day on Market

Highlights

  • Play Pool
  • RV Gated
  • Community Lake
  • Gilbert Elementary School Rated A-
  • 0.29 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2016

Beautiful single level home in the sought after Lago Estancia Lake community. 4 bedrooms, 2 bathroom, large den, and 3 car garage on an extra large cul-de-sac lot. Attention to detail not missed with Hunter Douglas shutters on all windows, engineered wood throughout most of the home, travertine tile bathrooms, and laundry room. Upgraded kitchen with cherry wood cabinets, accent lighting, and granite countertops/ backsplash. Large den with built-in desk cabinets and walk-in closet. Large backyard is perfect for entertaining with 5 citrus trees, two large shade trees, built-in grill, large patio, fenced pool with basketball hoop, kids play area with a swing set and play house. 8 foot RV gate with plenty of side yard. New exterior paint and gas water heater.

Last Listed By

Megen Cayton

HomeSmart License #SA570640000 Listed on: 07/23/2016

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1993

Lot Details

  • 0.29 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,602 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue
  • Playground

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 302-35-047

Community Details

Overview

  • Association fees include no fees
  • Lago Estancia Association, Phone Number (480) 844-2224
  • Built by UDC Homes
  • Parcels 8 & 9 Of Lago Estancia Lot 1 90 Tr A J Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,966

Year Built

Built in 1993

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Cross Street: Gilbert & Warner
  • Legal Info Range: 5E
  • 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: 62.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1993
  • Tax Year: 2005
  • Directions: North of Warner. From Gilbert, West on Long Meadow Drive. West (Right) on Lago Blvd. North, Right on Oak Street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: PARCELS 8 & 9 OF LAGO ESTANCIA LOT 1-90 TR A-J
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 62.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Drink Wtr Filter Sys, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2602.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio, Built-in Barbecue
  • Lot Features: Desert Front, Cul-De-Sac, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 62.0
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia
  • Phone: 480-844-2224
  • 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: Lago Estancia
  • Association Fees:HOA Telephone4: 480-844-2224
  • 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
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12641.0
  • Parcel #: 302-35-047
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 1966.0
  • Tax Book Number: 302.00
  • Tax Lot: 39
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Jul 25, 2016
Sold by
August Iris
Bought by
August Lester K
Seller's Agent
Megen Cayton
HomeSmart
Buyer's Agent
Megen Cayton
HomeSmart
List Price
$364,900
Sold Price
$360,900
Premium/Discount to List
-$4,000
-1.1%
Total Days on Market
1
Current Estimated Value
$711,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,182
Avg. Annual Appreciation
7.80%
Original Mortgage
$288,720
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Frazer William B and Frazer Vickie L
Bought by
Armstrong Bret and Armstrong Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Frazer William B and Frazer Vickie L
Bought by
Frazer William B and Frazer Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2002
Sold by
Gaede Robert Melvin and Gaede Ashley Lynch
Bought by
Frazer William B and Frazer Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
August Lester K -- First American Title Ins Co
August Lester $360,900 First American Title Ins Co
Armstrong Bret $399,500 Arizona Title Agency Inc
Frazer William B -- --
Frazer William B $240,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open August Lester $319,800
Closed August Lester $288,720
Previous Owner Armstrong Bret $26,833
Previous Owner Armstrong Bret $297,500
Previous Owner Armstrong Bret $39,200
Previous Owner Armstrong Bret $308,000
Previous Owner Frazer William B $25,000
Previous Owner Frazer William B $192,000
Previous Owner Frazer William B $192,000
Previous Owner Frazer William B $24,000
Closed Frazer William B $24,000
Closed Armstrong Bret $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $360,900 -1.1% $139 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $364,900 -- $140 / 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 $2,393 $32,755 -- --
2024 $2,410 $31,195 -- --
2023 $2,410 $50,850 $10,170 $40,680
2022 $2,335 $38,280 $7,650 $30,630
2021 $2,468 $35,980 $7,190 $28,790
2020 $2,426 $33,960 $6,790 $27,170
2019 $2,231 $31,980 $6,390 $25,590
2018 $2,167 $29,580 $5,910 $23,670
2017 $2,092 $27,700 $5,540 $22,160
2016 $2,152 $27,850 $5,570 $22,280
2015 $1,966 $26,750 $5,350 $21,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Megen Cayton

    HomeSmart

    (480) 332-9319

    1 in this area

    9 Total Sales

    Megen Cayton
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5474711

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-047

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

428 S Oak St, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 428 S Oak St, Gilbert, AZ 85233 since 23 July 2016 and is currently estimated at $711,082, approximately $273 per square foot. This property was built in 1993. 428 S Oak St is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite 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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