NOT LISTED FOR SALE

507 E Avenida Sierra Madre Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $469,000 - $638,000

4 Beds
3 Baths
2,499 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2024

Last sale price $520,000 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,375 / mo

54 Days on Market

Highlights

  • RV Gated
  • 0.25 Acre Lot
  • Granite Countertops
  • Mesquite Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of July 2024

NO HOA!! Welcome to your immaculate two-story retreat just steps away from Gilbert's historic downtown Heritage District! This 4 bed, 3 bath home offers 2,500 square feet of beautifully appointed living space. Downstairs features a full bedroom and bathroom, ideal for guests or a home office. The blank slate backyard awaits your personal touch. Upstairs, the luxurious master suite beckons with dual sinks, a soaking tub, and a separate shower. Two additional bedrooms and another full bath complete the upper level. Enjoy the convenience of living close to dining, shopping, and entertainment options, along with top-rated schools and parks. Don't miss out on your chance to call this prime Gilbert location yours!

Last Agent to Sell the Property

Zachary Lamatrice

eXp Realty License #SA688103000 Listed on: 04/20/2024

eXp Realty

Last Buyer's Agent

James Brown

My Home Group Real Estate License #SA693185000

My Home Group Real Estate
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1989

Lot Details

  • 10,807 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,499 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Mesquite Elementary School
  • Mesquite Elementary School - Gilbert Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by US Homes
  • Morning Ridge Lot 1 92 Tr A D Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 304-23-418

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,180

Year Built

Built in 1989

Lot Details

10,807 Sq Ft Lot

Parking

2

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • 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: 1989
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: MORNING RIDGE LOT 1-92 TR A-D
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 208.08
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Separate Shwr & Tub
  • Living Area: 2499.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10807.0
  • Parcel #: 304-23-418

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 2180.0
  • Tax Book Number: 304.00
  • Tax Lot: 46
  • Tax Map Number: 23.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jul 18, 2024
Sold by
Kim Ellie Y
Bought by
Seller's Agent
Zachary Lamatrice
eXp Realty
Buyer's Agent
James Brown
My Home Group Real Estate
List Price
$574,999
Sold Price
$520,000
Premium/Discount to List
-$54,999
-9.57%
Views
71
Current Estimated Value
$578,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,405
Avg. Annual Appreciation
5.15%
Original Mortgage
$494,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2018
Sold by
Hagan James K
Bought by
Kim Ellie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,100
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2017
Sold by
Hagan James K and Kim Elli Y
Bought by
Kim Elli Y

Purchase Details

Closed on
Jul 19, 2013
Sold by
Metro Capital Group Llc
Bought by
Hagan James Kyle and Kim Ellie Yunjoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,806
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Oct 19, 2009
Sold by
Clinger Brian J
Bought by
Metro Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,090
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2007
Sold by
Obrien Thomas J
Bought by
Clinger Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Heritage District, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$520,000 Old Republic Title Agency
Kim Ellie Y -- Pioneer Title Agency Inc
Kim Elli Y -- None Available
Hagan James Kyle $269,900 Driggs Title Agency Inc
Metro Capital Group Llc $170,100 None Available
Clinger Brian J $310,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,500
Closed Trevino Tristian $494,000
Previous Owner Kim Ellie Y $256,100
Previous Owner Hagan James Kyle $278,806
Previous Owner Metro Capital Group Llc $153,090
Previous Owner Metro Capital Llc $153,090
Previous Owner Clinger Brian J $248,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $520,000 -6.3% $208 / Sq Ft
06/11/2024 06/11/24 Price Changed $555,000 -3.5% $222 / Sq Ft
05/17/2024 05/17/24 Price Changed $574,999 0.0% $230 / Sq Ft
05/17/2024 05/17/24 For Sale $574,999 +10.6% $230 / Sq Ft
05/13/2024 05/13/24 Off Market $520,000 -- --
04/27/2024 04/27/24 Price Changed $589,000 -1.7% $236 / Sq Ft
04/20/2024 04/20/24 For Sale $599,000 -- $240 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,388 $24,834
2024 $2,180 $23,652
2023 $2,180 $43,060 $8,610 $34,450
2022 $2,171 $31,600 $6,320 $25,280
2021 $2,315 $31,010 $6,200 $24,810
2020 $2,280 $27,750 $5,550 $22,200
2019 $2,034 $25,970 $5,190 $20,780
2018 $2,038 $24,770 $4,950 $19,820
2017 $1,817 $23,650 $4,730 $18,920
2016 $1,633 $22,310 $4,460 $17,850
2015 $2,121 $20,720 $4,140 $16,580
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6693824

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-418

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