NOT LISTED FOR SALE

4525 E Towne Ln Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $470,966 - $501,000

3 Beds
2 Baths
1,725 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $275,000 $159 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,848/month

74 Days on Market

Highlights

  • 1 Fireplace
  • Granite Countertops
  • Eat-In Kitchen
  • Towne Meadows Elementary School Rated A-
  • Covered patio or porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of March 2019

PRIME GILBERT LOCATION. BEAUTIFUL UPDATED 3 BEDROOM 2 BATH IN TOWNE MEADOWS. NEW GRANITE IN KITCHEN AND BATHROOMS, NEW KITCHEN PANTRY, UPDATED CABINETS, NEW PAINT, NEWLY SEEDED GRASS, TILE THROUGHOUT. KITCHEN OVERLOOKING GREAT ROOM, FORMAL DINING AND LIVING ROOM. YOU WILL LOVE THIS HOME.

Last Agent to Sell the Property

Jason Witte

eXp Realty License #BR541188000 Listed on: 11/23/2018

Co-Listed By

Laurel Puszert

HomeSmart License #SA633205000

Last Buyer's Agent

Jamie Mahalek

DeLex Realty License #SA659532000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1988

Lot Details

  • 6,695 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • <<builtInMicrowave>>
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 304-06-120

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1988

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Cross Street: Guadalupe & 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
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2018
  • Directions: East of Recker, From Guadalupe North on Pheasant, East on Towne Ln. Home on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: reog03
  • Co List Office Phone: 623-236-1414
  • Subdivision Name: TOWNE MEADOWS AMD LOT 1-591 TR A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 50.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1725.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • 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 Fee: 50.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Meadows HOA
  • 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 HOA
  • 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:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Towne Meadows Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6695.0
  • Parcel #: 304-06-120

Building Info

  • Builder Name: Ryland Homes

Tax Info

  • Tax Annual Amount: 1327.0
  • Tax Book Number: 304.00
  • Tax Lot: 85
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Mar 5, 2019
Sold by
Az Meadows Real Estate Llc
Bought by
Ludwig Alex and Ludwig Olga
Seller's Agent
Jason Witte
eXp Realty
Buyer's Agent
Jamie Mahalek
DeLex Realty
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$490,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,242
Avg. Annual Appreciation
9.36%
Original Mortgage
$273,745
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2016
Sold by
Garcia Scott K and Garcia Elyse
Bought by
Az Meadows Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 29, 2013
Sold by
Passey Nohemi Aurora
Bought by
Garcia Scott K and Pauda Elyse
Seller's Agent
Adam Passey
Adam Passey Real Estate
Buyer's Agent
Laurel Puszert
HomeSmart
List Price
$194,900
Sold Price
$200,000
Premium/Discount to List
$5,100
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$204,300
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2013
Sold by
Martinez Aaron and Martinez Elizabeth
Bought by
Passey Nohemi Aurora

Purchase Details

Closed on
Mar 7, 2013
Sold by
Passey Nohemi and Cabrera Nohemi
Bought by
Passey Nohemi and Martinez Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Cabrera Nohemi
Bought by
Cabrera Nohemi and Martinez Aaron

Purchase Details

Closed on
Mar 23, 2006
Sold by
Cabrera Nohemi
Bought by
Martinez Aaron and Martinez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Martinez Aaron and Martinez Elizabeth
Bought by
Cabrera Nohemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Martinez Elizabeth
Bought by
Martinez Aaron and Martinez Elizabeth

Purchase Details

Closed on
Jul 25, 2003
Sold by
Martinez Elizabeth
Bought by
Martinez Aaron and Martinez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,711
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Portal Aaron Martinez
Bought by
Martinez Elizabeth

Purchase Details

Closed on
Nov 6, 2001
Sold by
Thorhauer Martin J
Bought by
Martinez Elizabeth

Purchase Details

Closed on
Feb 23, 2001
Sold by
Thorhauer Michell I
Bought by
Thorhauer Martin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ludwig Alex $275,000 Premier Title Agency
Az Meadows Real Estate Llc -- Accommodation
Garcia Scott K $200,000 First American Title Ins Co
Passey Nohemi Aurora -- First American Title Ins Co
Passey Nohemi Aurora -- None Available
Passey Nohemi -- First American Equity Loan S
Cabrera Nohemi -- None Available
Martinez Aaron -- Guaranty Title Agency
Cabrera Nohemi $280,000 Guaranty Title Agency
Martinez Aaron -- --
Martinez Aaron -- First American Title Ins Co
Martinez Elizabeth -- --
Martinez Elizabeth $132,600 Security Title Agency
Thorhauer Martin J -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ludwig Alex $329,966
Closed Ludwig Alex $282,606
Closed Ludwig Alex $281,400
Closed Ludwig Alex $273,745
Previous Owner Garcia Scott K $200,200
Previous Owner Garcia Scott K $199,995
Previous Owner Garcia Scott K $204,300
Previous Owner Passey Nohemi $167,200
Previous Owner Cabrera Nohemi $180,000
Previous Owner Martinez Aaron $132,711
Previous Owner Thorhauer Martin J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $275,000 -1.8% $159 / Sq Ft
01/01/2019 01/01/19 Price Changed $279,900 -2.9% $162 / Sq Ft
12/15/2018 12/15/18 Price Changed $288,400 -0.2% $167 / Sq Ft
11/30/2018 11/30/18 Price Changed $288,900 -0.3% $167 / Sq Ft
11/23/2018 11/23/18 For Sale $289,900 +45.0% $168 / Sq Ft
08/28/2013 08/28/13 Sold $200,000 +2.6% $116 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $194,900 0.0% $113 / Sq Ft
07/19/2013 07/19/13 Price Changed $194,900 -2.6% $113 / Sq Ft
07/06/2013 07/06/13 Off Market $200,000 -- --
07/06/2013 07/06/13 Price Changed $189,900 +8.5% $110 / Sq Ft
07/01/2013 07/01/13 For Sale $175,000 -- $101 / 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 $1,475 $19,754 -- --
2024 $1,485 $18,814 -- --
2023 $1,485 $33,710 $6,740 $26,970
2022 $1,443 $25,200 $5,040 $20,160
2021 $1,517 $23,460 $4,690 $18,770
2020 $1,493 $21,770 $4,350 $17,420
2019 $1,375 $19,780 $3,950 $15,830
2018 $1,327 $18,320 $3,660 $14,660
2017 $1,788 $17,060 $3,410 $13,650
2016 $1,306 $16,400 $3,280 $13,120
2015 $1,216 $15,750 $3,150 $12,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jason Witte

    eXp Realty

    Section Image
  • Laurel Puszert

    Seller Co-Listing Agent in 2019

    Laurel Puszert

    HomeSmart

    (480) 239-6322

    51 Total Sales

    Laurel Puszert
    Section Image
  • Jamie Mahalek

    Buyer's Agent in 2019

    Jamie Mahalek

    DeLex Realty

    (623) 910-2418

    93 Total Sales

    Jamie Mahalek
    Section Image

  • A

    Seller's Agent in 2013

    Adam Passey

    Adam Passey Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5849972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-120

Arizona Maricopa County Gilbert 85234 Val Vista

4525 E Towne Ln, Gilbert, AZ

This home is located at 4525 E Towne Ln, Gilbert, AZ 85234 since 23 November 2018 and is currently estimated at $490,242, approximately $284 per square foot. This property was built in 1988. 4525 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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