NOT LISTED FOR SALE

48 N Penny Place Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $297,000 - $365,818

2 Beds
1 Bath
800 Sq Ft
$433/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $212,000 $265 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,885/month

19 Days on Market

Highlights

  • RV Access or Parking
  • 0.35 Acre Lot
  • Cul-De-Sac
  • Burk Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2018

Location, Location, Location! Historic subdivision ''Greenhaw Place''!!! One of the oldest subdivisions in gilbert! IRRIGATED .35 Acre lot! Bright, Open floorplan! Tile/laminate everywhere! Updated cabinets! Raised panel doors! New hardware! DUAL PANE windows!! New Paint Interior/Exterior! Newer AC! Brand New ROOF! Gorgeous Irrigated backyard with pavers and seating area! Built-in BBQ! Detached garage! Lush green grass! Walking distance to Heritage District! Dierks Bentley, Joe's BBQ and more! NO HOA bring all your toys! All appliances included!

Last Agent to Sell the Property

Ben Swanson

Keller Williams Integrity First License #BR525716000 Listed on: 05/25/2018

Keller Williams Integrity First

Last Buyer's Agent

Liza Drake

West USA Realty License #SA036578000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • 1 Carport Space
  • RV Access or Parking

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 304-11-109

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Greenhaw Place Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert & 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
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1956
  • Tax Year: 2017
  • Directions: Head north on Gilbert Rd, Turn right onto Linda Ln, Turn left onto Penny Pl. Home is straight ahead in Cul-de-sac!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.35
  • Subdivision Name: GREENHAW PLACE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • 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: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry
  • Living Area: 800.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Foam
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop, 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: Burk Elementary School
  • 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: 15285.0
  • Parcel #: 304-11-109

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 523.0
  • Tax Book Number: 304.00
  • Tax Lot: 6
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 15, 2018
Sold by
Harwood Richard
Bought by
Pacheco Felix Heriberto
Seller's Agent
Ben Swanson
Keller Williams Integrity First
Buyer's Agent
Liza Drake
West USA Realty
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Current Estimated Value
$346,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,205
Avg. Annual Appreciation
7.01%
Original Mortgage
$199,820
Outstanding Balance
$173,198
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$173,007

Purchase Details

Closed on
Apr 1, 2005
Sold by
Bezuyen G
Bought by
Harwood Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Krohn Gary C
Bought by
Kasian S and Penny Place Land Trust #48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Beaumont Glenn Allen and Beaumont Michelle
Bought by
Woolsey Robert Shawn and Woolsey Barbara Berge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Woolsey Robert Shawn and Woolsey Barbara Berge
Bought by
Krohn Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Krohn Lisa Maree
Bought by
Krohn Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Woolsey Robert Shawn and Woolsey Barbara Berge
Bought by
Woolsey Robert Shawn and Woolsey Barbara Berge

Purchase Details

Closed on
Oct 29, 2001
Sold by
Horne Shelly Renee and Woolsey Shelly Renee
Bought by
Woolsey Robert Shawn and Woolsey Barbara Berge

Purchase Details

Closed on
Sep 6, 1995
Sold by
Horne John Frank and Horne Marsha Darlene
Bought by
Woolsey Robert Shawn and Woolsey Shelly Renee
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
Pacheco Felix Heriberto $212,000 Lawyers Title Of Arizona Inc
Harwood Richard $142,000 Security Title Agency Inc
Kasian S $119,000 Security Title Agency Inc
Woolsey Robert Shawn -- Security Title Agency
Krohn Gary C $109,000 Security Title Agency
Krohn Gary C -- Security Title Agency
Woolsey Robert Shawn -- --
Woolsey Robert Shawn -- --
Woolsey Robert Shawn -- --
Horne John Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Felix Heriberto $199,820
Previous Owner Harwood Richard $113,600
Previous Owner Kasian S $45,000
Previous Owner Woolsey Robert Shawn $109,000
Previous Owner Krohn Gary C $109,000
Previous Owner Krohn Gary C $109,000
Closed Kasian S $10,000
Closed Harwood Richard $28,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $212,000 -5.8% $265 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $225,000 0.0% $281 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $225,000 -- $281 / 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 $598 $8,278 -- --
2024 $603 $7,884 -- --
2023 $603 $25,550 $5,110 $20,440
2022 $585 $18,630 $3,720 $14,910
2021 $618 $16,700 $3,340 $13,360
2020 $609 $13,750 $2,750 $11,000
2019 $559 $12,600 $2,520 $10,080
2018 $542 $10,680 $2,130 $8,550
2017 $523 $9,310 $1,860 $7,450
2016 $541 $8,870 $1,770 $7,100
2015 $493 $7,950 $1,590 $6,360
Source: Public Records

Agents Affiliated with this Home

  • Ben Swanson

    Seller's Agent in 2018

    Ben Swanson

    Keller Williams Integrity First

    (480) 442-8552

    171 Total Sales

    Ben Swanson
    Section Image
  • Liza Drake

    Buyer's Agent in 2018

    Liza Drake

    West USA Realty

    (602) 329-7729

    108 Total Sales

    Liza Drake
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5771153

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-109

Arizona Maricopa County Gilbert 85234 Downtown Gilbert

48 N Penny Place, Gilbert, AZ

This home is located at 48 N Penny Place, Gilbert, AZ 85234 since 25 May 2018 and is currently estimated at $346,205, approximately $432 per square foot. This property was built in 1956. 48 N Penny Place is a home located in Maricopa County with nearby schools including Burk Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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