NOT LISTED FOR SALE

432 E Avenida Sierra Madre Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $502,308 - $542,000

4 Beds
2 Baths
1,892 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $380,000 $201 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,922/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • Mesquite Elementary School Rated A-
  • No HOA
  • 5-minute walk to John Allen Park

About This Home

As of October 2020

In the heart of Gilbert! 3/4 mile from Downtown Gilbert!! GREAT LOCATION + NO HOA! 4 Bedrooms + a Den/Office. Living room has beautiful hickory hard wood floors, Large open kitchen with newer appliances, kitchen island w/ extra seating & great eat-in dining w/ bay window. New HVAC & Handler in 2019 !!The master has double sinks, seperate tub & shower & walk in closet. Secondary rooms are spacious & the secondary bathroom has double sink AND a separate toilet room. This community offers parks & playground. SINGLE LEVEL, AMAZING LOCATION & NO HOA?!?! Trifecta!! (No daytime showings during the week (The Owner works from home)

Last Agent to Sell the Property

Michelle Lohman

Realty ONE Group License #BR504617000 Listed on: 09/11/2020

Last Buyer's Agent

Amanda Doyle

HomeSmart License #SA653181000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1989

Lot Details

  • 6,504 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • 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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 304-23-397

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by US Home
  • Morning Ridge Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1989
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Morning Ridge
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 200.85
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1892.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • 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: Mesquite Elementary
  • High School: Gilbert 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: 6504.0
  • Parcel #: 304-23-397

Building Info

  • Builder Name: US Home

Tax Info

  • Tax Annual Amount: 1717.0
  • Tax Book Number: 304.00
  • Tax Lot: 25
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 14, 2020
Sold by
Luke Paul and Luke Brandy Weymouth
Bought by
Zheng Zhu and Zhenrui Zhu Zhenrui
Seller's Agent
Michelle Lohman
Realty ONE Group
Buyer's Agent
Amanda Doyle
HomeSmart
List Price
$369,999
Sold Price
$380,000
Premium/Discount to List
$10,001
2.7%
Current Estimated Value
$526,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,827
Avg. Annual Appreciation
6.46%
Original Mortgage
$315,400
Outstanding Balance
$280,531
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$246,296

Purchase Details

Listed on
Jan 17, 2015
Closed on
Mar 30, 2015
Sold by
Paul Luke
Bought by
Paul Luke and Paul Brandy
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
Michelle Lohman
Realty ONE Group
List Price
$219,000
Sold Price
$217,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$213,069
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 17, 2015
Closed on
Mar 26, 2015
Sold by
Paul Brandy
Bought by
Paul Luke
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
Michelle Lohman
Realty ONE Group
List Price
$219,000
Sold Price
$217,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2012
Sold by
Vitale Louis M and Vitale Cheryl R
Bought by
Vitale Louis M and Vitale Cheryl R

Purchase Details

Closed on
Apr 1, 2005
Sold by
Ngo Ton Thai and Dang Thu Thi
Bought by
Johnson Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Black Raymond L and Black Mary T
Bought by
Ngo Ton Thai and Dang Thu Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Zhu $380,000 Lawyers Title Of Arizona Inc
Paul Luke -- Stewart Title & Trust Of Pho
Paul Luke -- Stewart Title & Trust Of Pho
Paul Luke $217,000 Stewart Title & Trust Of Pho
Vitale Louis M -- None Available
Johnson Heather L $240,000 Capital Title Agency Inc
Ngo Ton Thai $130,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Zhu $315,400
Previous Owner Paul Luke $213,069
Previous Owner Johnson Heather L $216,000
Previous Owner Ngo Ton Thai $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $380,000 +2.7% $201 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $369,999 +70.5% $196 / Sq Ft
03/31/2015 03/31/15 Sold $217,000 +0.9% $115 / Sq Ft View Prior Sale
02/20/2015 02/20/15 Pending -- -- --
02/07/2015 02/07/15 Price Changed $215,000 -1.8% $114 / Sq Ft
01/17/2015 01/17/15 For Sale $219,000 -- $116 / 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 $2,035 $20,187 -- --
2024 $1,838 $19,226 -- --
2023 $1,838 $36,410 $7,280 $29,130
2022 $1,839 $26,410 $5,280 $21,130
2021 $1,965 $25,780 $5,150 $20,630
2020 $1,936 $23,010 $4,600 $18,410
2019 $1,717 $21,280 $4,250 $17,030
2018 $1,730 $20,160 $4,030 $16,130
2017 $1,520 $18,980 $3,790 $15,190
2016 $1,328 $17,830 $3,560 $14,270
2015 $1,841 $16,430 $3,280 $13,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6130851

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-397