NOT LISTED FOR SALE

489 W Elliot Rd Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $416,000 - $735,553

-- Bed
-- Bath
2,659 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $625,000 $235 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,200/month

3 Days on Market

Highlights

  • 0.64 Acre Lot
  • Community Kitchen
  • Heating Available
  • Gilbert Elementary School Rated A-
  • Central Air

About This Home

As of October 2020

PLEASE do not disturb during business hours Monday - Friday 8 - 4pm. Drive by but do not attempt to enter propery as you will be turned away during business hours.

Last Agent to Sell the Property

Allen Studebaker

Compass License #SA541028000 Listed on: 09/05/2020

Compass

Co-Listed By

Melissa Massey

Compass License #SA650027000

Last Buyer's Agent

Joy Rice

Realty ONE Group License #SA515752000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1955

Lot Details

  • 0.64 Acre Lot
  • Property is zoned NC

Home Design

  • 2,659 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • Community Kitchen
  • Operating Expense $1,395

Listing and Financial Details

  • Assessor Parcel Number 302-31-010-N

Property Details

Property Type

Other

Est. Annual Taxes

$1,395

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Copper & Elliot
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: NC
  • Current Use: Service Business, Office
  • Number Of Buildings: 2
  • Year Built: 1955
  • Tax Year: 2019
  • Directions: East on Elliot from Cooper, property on right
  • Lot Size Acres: 0.64
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cpl001
  • Co List Office Phone: 480-794-1694
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: N
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: See Remarks
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Kitchen, Showers - Plant
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showers - Plant: Yes

Lot Info

  • Lot Size Sq Ft: 27858.0
  • Additional Parcels: No
  • Parcel #: 302-31-010-N
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1395.0

Tax Info

  • Tax Annual Amount: 1395.0
  • Tax Book Number: 302.00
  • Tax Lot: 0
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Tg Ventures Limited Partnership
Bought by
Nchs Holdings I Llc
Total Days on Market
3
Current Estimated Value
$563,638

Purchase Details

Closed on
Dec 30, 2021
Sold by
Goddwin Peggy Sue
Bought by
Nchs Holdings I Llc

Purchase Details

Closed on
Dec 31, 2016
Sold by
Godwin Peggy Sue
Bought by
Nchs 1 Holdings Llc

Purchase Details

Closed on
Nov 1, 2015
Sold by
Godwin Peggy S
Bought by
Tg Ventures Limited Partnership

Purchase Details

Closed on
Sep 28, 1994
Sold by
Rks Ventures Lc
Bought by
Godwin Charles E and Godwin Peggy S

Purchase Details

Closed on
Jul 21, 1994
Sold by
Otto & Edna Neely Foundation
Bought by
Rbk Holdings L C
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
Nchs Holdings I Llc -- Forakis Law Firm Plc
Nchs Holdings I Llc -- Forakis Law Firm Plc
Nchs Holdings I Llc -- None Available
Nchs 1 Holdings Llc -- None Available
Tg Ventures Limited Partnership -- None Available
Godwin Charles E -- None Available
Rbk Holdings L C -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nchs 1 Holdings Llc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $625,000 -3.8% $235 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $650,000 -- $244 / 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 $610 $6,980 -- --
2024 $614 $6,648 -- --
2023 $614 $28,470 $5,690 $22,780
2022 $597 $18,310 $3,660 $14,650
2021 $617 $16,420 $3,280 $13,140
2020 $608 $14,930 $2,980 $11,950
2019 $472 $12,770 $2,550 $10,220
2018 $457 $11,680 $2,330 $9,350
2017 $441 $10,750 $2,150 $8,600
2016 $456 $10,480 $2,090 $8,390
2015 $416 $9,900 $1,980 $7,920
Source: Public Records

Agents Affiliated with this Home

  • Allen Studebaker

    Seller's Agent in 2020

    Allen Studebaker

    Compass

    (602) 763-1138

    1 in this area

    188 Total Sales

    Allen Studebaker
    Section Image
  • Melissa Massey

    Seller Co-Listing Agent in 2020

    Melissa Massey

    Compass

    (480) 254-6959

    2 in this area

    111 Total Sales

    Melissa Massey
    Section Image

  • J

    Buyer's Agent in 2020

    Joy Rice

    Realty One Group

    (602) 694-1028

    2 in this area

    20 Total Sales

    Joy Rice
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6128132

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-31-010L

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

489 W Elliot Rd, Gilbert, AZ

This home is located at 489 W Elliot Rd, Gilbert, AZ 85233 since 05 September 2020 and is currently estimated at $563,638, approximately $211 per square foot. This property was built in 1955. 489 W Elliot Rd is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite 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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