NOT LISTED FOR SALE

461 E Commerce Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $900,000 - $1,022,000

4 Beds
3 Baths
3,025 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $926,000 $306 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,255/month

31 Days on Market

Highlights

  • Horse Stalls
  • RV Gated
  • Vaulted Ceiling
  • Burk Elementary School Rated A-
  • 0.67 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2022

Gorgeous horse property nestled in the heart of Gilbert! This neighborhood has no HOA. You can walk right out your backyard to the Gilbert Heritage District and to Freestone Park! Spacious open layout, vaulted ceilings, and new wood-look tile floors are just a few of the stunning features you will notice the second you walk in. The master suite boasts a walk-in closet, updated bathroom with custom tile shower and jetted tub, plus ample counter space and double sinks. The fourth bedroom has been converted to an in-home hair salon with it's own private entrance, but could be easily converted to the perfect in-law suite! The kitchen has plenty of storage, new quartz countertops, and bay windows that look out over the sprawling property. RV gate + parking, separate storage shed, and horse stalls! This property has endless potential and charm!

Last Agent to Sell the Property

Casey Jann

My Home Group Real Estate License #SA642529000 Listed on: 02/24/2022

My Home Group Real Estate

Co-Listed By

Hannah Canaletti

My Home Group Real Estate License #SA683143000

Last Buyer's Agent

Christopher Doyle

Realty ONE Group License #SA670136000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1993

Lot Details

  • 0.67 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,025 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring
  • Intercom

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Farming

  • Flood Irrigation

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 304-97-042

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • K C Ranch Estates Phase 2 Amd Lot 47 100 115 Tr A Subdivision

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,175

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Gilbert Rd & Guadalupe Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.67
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: K-C RANCH ESTATES PHASE 2 AMD LOT 47-100 115 TR A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 306.12
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Other Equipment: Intercom
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3025.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Desert Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Back, Flood Irrigation
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Horse Amenities: Bridle Path Access, Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 29294.0
  • Parcel #: 304-97-042

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4175.0
  • Tax Book Number: 304.00
  • Tax Lot: 88
  • Tax Map Number: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 24, 2022
Sold by
Davis Gregory W and Davis Cindy L
Bought by
Leaming Christopher R and Leaming Rebecca
Seller's Agent
Casey Jann
My Home Group Real Estate
Buyer's Agent
Christopher Doyle
Realty ONE Group
List Price
$879,900
Sold Price
$926,000
Premium/Discount to List
$46,100
5.24%
Current Estimated Value
$954,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,527
Avg. Annual Appreciation
0.81%
Original Mortgage
$720,000
Outstanding Balance
$676,390
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$278,137
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leaming Christopher R $926,000 Clear Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leaming Christopher R $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $926,000 +5.2% $306 / Sq Ft
02/04/2022 02/04/22 For Sale $879,900 -- $291 / 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 $3,043 $39,950 -- --
2024 $3,553 $38,047 -- --
2023 $3,553 $65,420 $13,080 $52,340
2022 $3,435 $50,750 $10,150 $40,600
2021 $4,175 $50,830 $10,160 $40,670
2020 $4,112 $47,570 $9,510 $38,060
2019 $3,221 $44,710 $8,940 $35,770
2018 $3,118 $43,400 $8,680 $34,720
2017 $2,997 $39,470 $7,890 $31,580
2016 $3,092 $37,650 $7,530 $30,120
2015 $2,819 $33,750 $6,750 $27,000
Source: Public Records

Agents Affiliated with this Home

  • Casey Jann

    Seller's Agent in 2022

    Casey Jann

    My Home Group Real Estate

    (480) 236-8610

    1 in this area

    108 Total Sales

    Casey Jann
    Section Image

  • H

    Seller Co-Listing Agent in 2022

    Hannah Canaletti

    My Home Group Real Estate

    (480) 685-2760

    1 in this area

    68 Total Sales

    Hannah Canaletti
    Section Image
  • Christopher Doyle

    Buyer's Agent in 2022

    Christopher Doyle

    Realty One Group

    (602) 527-8841

    1 in this area

    29 Total Sales

    Christopher Doyle
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6351517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-97-042

Arizona Maricopa County Gilbert 85234 Heritage District

461 E Commerce Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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