NOT LISTED FOR SALE

506 W Horseshoe Ave Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $519,466 - $554,000

3 Beds
2 Baths
2,058 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $260,000 $126 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,100/month

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • Gilbert Elementary School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of March 2017

Awesome home in desirable Madera Parc, borders Park. Tile floors, upgraded carpet, granite counters in
a gourmet kitchen with incredible counter space and

upgraded maple cabinets. New ceiling fans just installed in all rooms make this home move in ready.

This comfortable home sides to a green common area!

Split floor plan with spacious master and nice master bath. Open Concept Floor Plan. Great Gilbert Schools and near shopping and dining. Just minutes from Downtown Gilbert.

Last Agent to Rent the Property

Ninos Lazar

Investar Real Estate Specialists License #BR534846000 Listed on: 02/07/2017

Last Renter's Agent

Ninos Lazar

Investar Real Estate Specialists License #BR534846000 Listed on: 02/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1994

Lot Details

  • 6,525 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Property Available on 2/7/17
  • 12-Month Minimum Lease Term
  • Tax Lot 341
  • Assessor Parcel Number 302-32-513

Community Details

Overview

  • No Home Owners Association
  • Built by Lennar
  • Madera Parc Amd Lot 1 447 Tr A J Aa Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,464

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2017-02-07

Listing Details

  • Cross Street: Cooper Road and Elliott
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North on Cooper to Madera Parc Drive, turn East on Madera Parc to Spur Ave which loops to Golden Key Dr and turns into Horseshoe. Home next to Greenbelt.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: MADERA PARC AMD LOT 1-447 TR A-J AA
  • Architectural Style: Contemporary, Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2058.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Mesquite High School
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size Sq Ft: 6525.0
  • Parcel #: 302-32-513
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 341
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Chi Yang and Wang Chunyan
Bought by
C & W Investments Inc
Current Estimated Value
$532,367

Purchase Details

Closed on
May 22, 2018
Sold by
Chi Yang
Bought by
Chi Yang and Wang Chunyan

Purchase Details

Listed on
Feb 7, 2017
Closed on
Jan 30, 2017
Sold by
Sublett Garrett J
Bought by
Chi Yang
Seller's Agent
Ninos Lazar
Investar Real Estate Specialists
Buyer's Agent
Ninos Lazar
Investar Real Estate Specialists
Sold Price
$1,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Ludka Richard T and Ludka Linda
Bought by
Sublett Garrett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,817
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2010
Sold by
Ludka Richard T and Ludka Linda J
Bought by
Ludka Richard T and Ludka Linda J

Purchase Details

Closed on
Dec 17, 2006
Sold by
Ludka Richard T and Ludka Linda J
Bought by
Ludka Richard T and Ludka Linda J

Purchase Details

Closed on
Aug 3, 2004
Sold by
Milne Laurence A and Milne Lauri A
Bought by
Ludka Richard T and Ludka Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2002
Sold by
Milne Laurence A and Milne Lauri A
Bought by
Milne Laurence A and Milne Lauri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.43%

Purchase Details

Closed on
Jun 1, 2000
Sold by
Ll Ranch Family Trust and Seiveno Kelli J
Bought by
Milne Laurence A and Milne Lauri A

Purchase Details

Closed on
Dec 21, 1998
Sold by
Milne Laurence A and Milne Lauri A
Bought by
Seiveno Kelli J and Gill Heather M

Purchase Details

Closed on
Oct 17, 1997
Sold by
Milne Lauri A
Bought by
Milne Laurence A and Milne Lauri A

Purchase Details

Closed on
May 28, 1997
Sold by
Milne Laurence A
Bought by
Milne Lauri A

Purchase Details

Closed on
Oct 9, 1995
Sold by
Milne Laurence A and Milne Lauri A
Bought by
Milne Laurence A and Milne Lauri A

Purchase Details

Closed on
Feb 14, 1995
Sold by
Miltz Donald M
Bought by
Milne Laurence A and Milne Lauri A

Purchase Details

Closed on
May 19, 1994
Sold by
Lennar Homes Of Arizona Inc
Bought by
Ray Lauri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,225
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1994
Sold by
Lennar Communities Development Inc
Bought by
Lennar Homes Of Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,225
Interest Rate
8.3%
Mortgage Type
FHA
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
C & W Investments Inc -- Accommodation
Chi Yang -- Accommodation
Chi Yang $260,000 Chicago Title Agency Inc
Sublett Garrett J $165,000 Great American Title Agency
Ludka Richard T -- None Available
Ludka Richard T -- None Available
Ludka Richard T -- Chicago Title Insurance Co
Milne Laurence A -- Chicago Title Insurance Co
Milne Laurence A -- Chicago Title Insurance Co
Milne Laurence A -- Chicago Title Insurance Co
Seiveno Kelli J -- --
Milne Laurence A -- First American Title
Milne Lauri A -- First American Title
Milne Laurence A -- First American Title
Milne Laurence A -- --
Miltz Donald M -- --
Ray Lauri A $111,885 Fidelity Title
Lennar Homes Of Arizona Inc -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sublett Garrett J $159,832
Previous Owner Sublett Garrett J $160,817
Previous Owner Ludka Richard T $6,031
Previous Owner Ludka Richard T $89,000
Previous Owner Milne Laurence A $98,800
Previous Owner Ray Lauri A $110,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Rented $1,550 0.0% --
02/10/2017 02/10/17 Under Contract -- -- --
02/07/2017 02/07/17 For Rent $1,550 0.0% --
02/03/2017 02/03/17 Sold $260,000 -3.0% $126 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/21/2016 12/21/16 Price Changed $268,000 +1.1% $130 / Sq Ft
12/19/2016 12/19/16 For Sale $265,000 -- $129 / 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 $2,464 $23,931 -- --
2024 $2,124 $22,792 -- --
2023 $2,124 $38,460 $7,690 $30,770
2022 $2,172 $29,010 $5,800 $23,210
2021 $2,122 $27,580 $5,510 $22,070
2020 $2,113 $25,710 $5,140 $20,570
2019 $2,384 $23,820 $4,760 $19,060
2018 $2,531 $22,230 $4,440 $17,790
2017 $1,814 $20,920 $4,180 $16,740
2016 $2,161 $20,270 $4,050 $16,220
2015 $1,933 $19,160 $3,830 $15,330
Source: Public Records

Agents Affiliated with this Home

  • Ninos Lazar

    Landlord's Agent in 2017

    Ninos Lazar

    Investar Real Estate Specialists

    (877) 717-5050

    21 Total Sales

    Ninos Lazar
    Section Image
  • Carol A. Royse

    Seller's Agent in 2017

    Carol A. Royse

    Your Home Sold Guaranteed Realty

    (480) 576-4555

    6 in this area

    958 Total Sales

    Carol A. Royse
    Section Image
  • Sam Tang

    Buyer's Agent in 2017

    Sam Tang

    Investar Real Estate Specialists

    (602) 628-3228

    3 in this area

    61 Total Sales

    Sam Tang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5557984

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-513

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

506 W Horseshoe Ave, Gilbert, AZ

This home is located at 506 W Horseshoe Ave, Gilbert, AZ 85233 since 07 February 2017 and is currently priced at $532,367. This property was built in 1994. 506 W Horseshoe Ave 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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