NOT LISTED FOR SALE

4512 E Franklin Ave Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $510,166 - $558,000

4 Beds
2.5 Baths
2,426 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $341,500 $141 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,063/month

69 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Community Playground
  • Gateway Pointe Elementary School Rated A-
  • Breakfast Bar
  • Security System Owned

About This Home

As of May 2020

This Gilbert two-story offers hardwood flooring, stainless steel appliances, a covered paver patio, and a two-car garage. This home is vacant and cleaned regularly.

Last Agent to Sell the Property

Lisa Soltesz

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #BR529689000 Listed on: 02/25/2020

Last Buyer's Agent

Austin Foley

West USA Realty License #SA660876000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 2004

Lot Details

  • 5,250 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 304-38-680

Community Details

Overview

  • Association fees include ground maintenance
  • Gateway Village HOA, Phone Number (480) 339-8820
  • Built by William Lyon Homes
  • Gateway Village Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,896

Year Built

Built in 2004

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • 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: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2019
  • Attribution Contact: homes@opendoor.com
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: GATEWAY VILLAGE
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 70.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2426.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Playground, Biking/Walking Path
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Village HOA
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gateway Village HOA
  • Association Fees:HOA Telephone4: 4803398820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Gateway Pointe Elementary
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5250.0
  • Parcel #: 304-38-680

Building Info

  • Builder Name: William Lyon Homes

Tax Info

  • Tax Annual Amount: 1896.0
  • Tax Book Number: 304.00
  • Tax Lot: 134
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 28, 2020
Sold by
Opendoor Property Trust I
Bought by
Delong George L and Delong Gabrielle R
Seller's Agent
Lisa Soltesz
Opendoor Brokerage, LLC
Buyer's Agent
Austin Foley
West USA Realty
List Price
$352,000
Sold Price
$341,500
Premium/Discount to List
-$10,500
-2.98%
Current Estimated Value
$542,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,854
Avg. Annual Appreciation
8.46%
Original Mortgage
$324,425
Outstanding Balance
$288,114
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$242,178

Purchase Details

Closed on
Feb 10, 2020
Sold by
Simms Andrew
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Feb 12, 2015
Closed on
Apr 23, 2015
Sold by
Gordon Ryan D
Bought by
Simms Andrew
Seller's Agent
Adam Lee
eXp Realty
Buyer's Agent
Kristie Peruch
eXp Realty
List Price
$260,000
Sold Price
$247,000
Premium/Discount to List
-$13,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$255,151
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Jan 13, 2009
Sold by
Hsbc Bank
Bought by
Gordon Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2008
Sold by
Jefferies Gwendolyn C
Bought by
Hsbc Bank

Purchase Details

Closed on
Aug 5, 2004
Sold by
Wiliam Lyon Homes Inc
Bought by
William Lyon Southwest Inc and William Lyon Homes

Purchase Details

Closed on
Sep 29, 2003
Sold by
Gateway Villages Gilbert Lot Option Llc
Bought by
William Lyon Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Delong George L $341,500 Os National Llc
Opendoor Property Trust I $321,100 Os National Llc
Simms Andrew $247,000 First Arizona Title Agency
Gordon Ryan D $170,000 Guaranty Title Agency
Hsbc Bank $184,140 First American Title
William Lyon Southwest Inc -- Security Title Agency
William Lyon Homes Inc $1,189,570 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong George L $324,425
Previous Owner Simms Andrew $255,151
Previous Owner Gordon Ryan D $166,920
Previous Owner William Lyon Homes Inc $75,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2020 05/28/20 Sold $341,500 -1.0% $141 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $345,000 -0.6% $142 / Sq Ft
04/03/2020 04/03/20 Price Changed $347,000 -1.4% $143 / Sq Ft
02/25/2020 02/25/20 For Sale $352,000 +42.5% $145 / Sq Ft
04/30/2015 04/30/15 Sold $247,000 -3.1% $102 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Price Changed $255,000 -1.9% $105 / Sq Ft
02/12/2015 02/12/15 For Sale $260,000 -- $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 $1,774 $24,176 -- --
2024 $1,959 $23,025 -- --
2023 $1,959 $37,230 $7,440 $29,790
2022 $1,872 $28,770 $5,750 $23,020
2021 $1,922 $25,820 $5,160 $20,660
2020 $1,959 $25,110 $5,020 $20,090
2019 $1,896 $22,130 $4,420 $17,710
2018 $1,830 $20,730 $4,140 $16,590
2017 $1,765 $20,160 $4,030 $16,130
2016 $1,796 $19,460 $3,890 $15,570
2015 $1,568 $18,680 $3,730 $14,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6041767

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-38-680