NOT LISTED FOR SALE

516 E Buffalo St Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $771,000 - $869,000

3 Beds
2.5 Baths
2,522 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $850,000 $337 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,459/month

39 Days on Market

Highlights

  • Horses Allowed On Property
  • Transportation Service
  • 1.02 Acre Lot
  • Quartz Hill Elementary School Rated A-
  • RV Gated
  • Granite Countertops

About This Home

As of November 2024

HUGE PRICE REDUCTION! Bring your offers! This charming single story ranch home is perched on an acre of irrigated horse property located in the highly sought-after Sun Terra Acres in Gilbert with no HOA; Step inside to a comfortable floor plan with spacious kitchen, separate living and family rooms. Home boasts three bedrooms and two and a half bathrooms, plenty of room for cozy family gatherings or land for large group entertaining, new roof 2024. New exterior Paint 2024, New PEX Water Pipes 2023. Conveniently close to the 202 freeway, shopping mall and so much more! Just down the street is everything needed to fully enjoy life including great schools and church options, the San Tan Mall & Harkins Theatre, San Tan Village shopping (Costco, Sam's Club, Starbucks, Wal-Mart, Win-Co & tons more), Gilbert Mercy Hospital, a Gilbert fire station, Discovery Park and San Tan. This is a unique opportunity to own a charming home on acreage that is also surrounded by a neighborhood that exudes pride of ownership. Riding lawnmower and wood splitter convey with accepted offer.

Last Agent to Sell the Property

Sofia Luna

HomeSmart License #SA650806000 Listed on: 08/30/2024

HomeSmart

Last Buyer's Agent

Ruben Rubio

Gentry Real Estate License #SA701014000

Gentry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1975

Lot Details

  • 1.02 Acre Lot
  • Desert faces the front of the property
  • Chain Link Fence
  • Backyard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,522 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Quartz Hill Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Screened Patio
  • Property is near a bus stop
  • Flood Irrigation
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 304-44-027

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Sun Terra Acres Unit 1 Subdivision

Amenities

  • Transportation Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Cross Street: WILLIAMSFIELD RD & LINDSAY RD
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2005
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.02
  • Subdivision Name: SUN TERRA ACRES UNIT 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 337.03
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 2522.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Screened in Patio(s)
  • Lot Features: Desert Front, Irrigation Back, Flood Irrigation
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Slump Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Bus Stop
  • 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: Quartz Hill Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44505.0
  • Parcel #: 304-44-027

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2283.0
  • Tax Book Number: 304.00
  • Tax Lot: 21
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 9, 2024
Sold by
Zaremba Family Trust and Zaremba Analise Rubalcava
Bought by
Longenbaugh Eric Bruce and Longenbaugh Samantha
Seller's Agent
Sofia Luna
HomeSmart
Buyer's Agent
Ruben Rubio
Gentry Real Estate
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
26
Current Estimated Value
$813,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,305
Avg. Annual Appreciation
-2.09%

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 9, 2021
Sold by
Kolling Joel Thomas
Bought by
Zaremba Scott E and Zaremba Analise Rubalcava
Seller's Agent
Susanne Efnor
RE/MAX Fine Properties
Buyer's Agent
Yvonne Matejka
Real Broker
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$678,600
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2016
Sold by
Kolling Ruth A and Kolling Joel T
Bought by
Kolling Joel Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2004
Sold by
Brown Daniel M and Brown Susan M
Bought by
Kolling Joel T and Kolling Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Longenbaugh Eric Bruce $850,000 First American Title Insurance
Zaremba Scott E $755,000 American Title Svc Agcy Llc
Kolling Joel Thomas -- Security Title Agency Inc
Kolling Joel T $325,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaremba Scott E $678,600
Previous Owner Kolling Joel Thomas $305,500
Previous Owner Kolling Joel T $227,500
Closed Kolling Joel T $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $850,000 -5.5% $337 / Sq Ft
10/20/2024 10/20/24 For Sale $899,000 0.0% $356 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $899,000 -3.9% $356 / Sq Ft
09/10/2024 09/10/24 Price Changed $935,000 -3.1% $371 / Sq Ft
08/30/2024 08/30/24 For Sale $965,000 +27.8% $383 / Sq Ft
12/10/2021 12/10/21 Sold $755,000 +0.7% $302 / Sq Ft View Prior Sale
11/06/2021 11/06/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $750,000 -- $300 / 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 $2,355 $31,325 -- --
2024 $2,283 $29,833 -- --
2023 $2,283 $48,370 $9,670 $38,700
2022 $2,214 $39,530 $7,900 $31,630
2021 $2,339 $36,080 $7,210 $28,870
2020 $2,303 $33,850 $6,770 $27,080
2019 $2,117 $31,470 $6,290 $25,180
2018 $2,052 $29,670 $5,930 $23,740
2017 $1,980 $28,320 $5,660 $22,660
2016 $2,048 $28,610 $5,720 $22,890
2015 $1,866 $26,120 $5,220 $20,900
Source: Public Records

Agents Affiliated with this Home

  • Sofia Luna

    Seller's Agent in 2024

    Sofia Luna

    HomeSmart

    (480) 868-1111

    2 in this area

    13 Total Sales

    Sofia Luna
    Section Image

  • R

    Buyer's Agent in 2024

    Ruben Rubio

    Gentry Real Estate

    (480) 685-2760

    1 in this area

    20 Total Sales

    Ruben Rubio
    Section Image
  • Susanne Efnor

    Seller's Agent in 2021

    Susanne Efnor

    RE/MAX

    (480) 415-5268

    5 in this area

    29 Total Sales

    Susanne Efnor
    Section Image
  • Yvonne Matejka

    Buyer's Agent in 2021

    Yvonne Matejka

    Real Broker

    (480) 334-9590

    1 in this area

    55 Total Sales

    Yvonne Matejka
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6748544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-44-027

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

516 E Buffalo St, Gilbert, AZ

Not Listed for Sale

Detached

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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