NOT LISTED FOR SALE

508 W Mesquite St Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $488,613 - $521,000

4 Beds
2 Baths
1,702 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $235,000 $138 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,875/month

45 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • 1-Story Property
  • Gilbert Elementary School Rated A-
  • Eat-In Kitchen

About This Home

As of August 2015

Great Location!! Beautiful neighborhood, Lovely 4 bedrooms, 2 bath home, living & family rooms, light & bright open floor plan with vaulted ceiling. Laminated flooring, No HOA. Must see it today

Last Agent to Sell the Property

Tadesse Habetyes

Keller Williams Realty Phoenix License #SA544061000 Listed on: 06/17/2015

Keller Williams Realty Phoenix

Last Buyer's Agent

Connie Rathke

Superlative Realty License #SA625745000

Superlative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1997

Lot Details

  • 5,994 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Madera Parc Amd Lot 1 447 Tr A J Aa Subdivision

Listing and Financial Details

  • Tax Lot 283
  • Assessor Parcel Number 302-32-455

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,906

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Cross Street: COOPER & ELLIOTT
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2014
  • Directions: East on Elliot to Madera Parc, South on Madera Parc to Mesquite, East on Mesquite to the property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MADERA PARC AMD LOT 1-447 TR A-J AA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1702.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Gilbert Elementary School
  • High School: Metro Tech 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: 5994.0
  • Parcel #: 302-32-455
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1906.0
  • Tax Book Number: 302.00
  • Tax Lot: 283
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 5, 2015
Sold by
Teklu Megra G and Tiruneh Mezmur G
Bought by
Moon Hee M and Moon Sung E
Seller's Agent
Tadesse Habetyes
Keller Williams Realty Phoenix
Buyer's Agent
Connie Rathke
Superlative Realty
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Total Days on Market
45
Current Estimated Value
$505,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,403
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Dec 20, 2004
Sold by
Maestas Manuel and Maestas Rebecca
Bought by
Teklu Megra G and Tiruneh Mezmur G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 21, 1997
Sold by
Lennar Homes Of Arizona Inc
Bought by
Maestas Manuel L and Maestas Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,026
Interest Rate
7.33%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Moon Hee M $235,000 Lawyers Title Of Az Inc
Teklu Megra G $200,000 Lawyers Title Ins
Maestas Manuel L $118,264 First Southwestern Title
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teklu Megra G $150,000
Previous Owner Maestas Manuel L $162,900
Previous Owner Maestas Manuel L $110,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $235,000 -4.1% $138 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $245,000 -- $144 / 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 $2,311 $21,560 -- --
2024 $2,273 $20,534 -- --
2023 $2,273 $35,630 $7,120 $28,510
2022 $2,322 $26,760 $5,350 $21,410
2021 $2,240 $25,410 $5,080 $20,330
2020 $2,230 $23,580 $4,710 $18,870
2019 $2,190 $21,830 $4,360 $17,470
2018 $2,033 $20,200 $4,040 $16,160
2017 $1,941 $18,900 $3,780 $15,120
2016 $1,974 $18,220 $3,640 $14,580
2015 $1,762 $17,070 $3,410 $13,660
Source: Public Records

Agents Affiliated with this Home

  • Tadesse Habetyes

    Seller's Agent in 2015

    Tadesse Habetyes

    Keller Williams Realty Phoenix

    (602) 558-0152

    1 in this area

    58 Total Sales

    Tadesse Habetyes
    Section Image
  • Connie Rathke

    Buyer's Agent in 2015

    Connie Rathke

    Superlative Realty

    (602) 312-2880

    8 Total Sales

    Connie Rathke
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5295531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-455

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

508 W Mesquite St, Gilbert, AZ

This home is located at 508 W Mesquite St, Gilbert, AZ 85233 since 17 June 2015 and is currently estimated at $505,403, approximately $296 per square foot. This property was built in 1997. 508 W Mesquite St 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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