NOT LISTED FOR SALE

526 E Terrace Ave Gilbert, AZ 85234

Northwest Gilbert Neighborhood

Estimated Value: $825,627 - $924,000

3 Beds
3 Baths
3,234 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $550,000 $170 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,925/month

2 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Family Room with Fireplace
  • Neely Traditional Academy Rated A
  • 0.38 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2020

Oversized cul-de-sac lot, RV gate and NO HOA! Complete redesign with all the upgrades you want. 3 Master Bedroom ensuite - private bath and walk in closet. Open floor plan with huge wood burning fireplace. Light and airy kitchen opens to the great room with white quartz countertops, brand new stainless steel appliances and upgraded white shaker, soft close cabinets. Wood plank tile in main living area and new carpet in the bedroom. Neutral two-toned paint through-out. Large Master Bedroom with walk-in closet and beautifully designed bath. Gorgeous backyard with sparkling pool, shaded built in BBQ area, fire pit and more...perfect for all your entertaining. Perfect East Valley location near downtown Gilbert, walking distance to schools and 5 minutes to the freeway.

Last Agent to Sell the Property

John Angelo

Compass License #SA546336000 Listed on: 12/12/2019

Compass

Co-Listed By

Deanna Santosusso

Compass License #SA635617000

Last Buyer's Agent

Melissa Swanson

HomeSmart License #SA674946000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,234 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 304-95-442

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM
  • Circle G Meadows 2 Amd Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,589

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Cross Street: BASELINE & GILBERT
  • Legal Info Range: 6E
  • 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 Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: CIRCLE G MEADOWS 2 AMD
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 170.07
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, 1 Fireplace, Two Way Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3234.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: 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: Playground
  • 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: Houston Elementary School
  • High School: Gilbert 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: 16518.0
  • Parcel #: 304-95-442

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 3589.0
  • Tax Book Number: 304.00
  • Tax Lot: 110
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Khan and Kulzia
Bought by
Khan Family Trust
Current Estimated Value
$878,657

Purchase Details

Closed on
Apr 19, 2022
Sold by
Khan and Kulzia
Bought by
Khan Family Trust

Purchase Details

Listed on
Dec 12, 2019
Closed on
Dec 31, 2019
Sold by
Cohen Betty
Bought by
Khan Abdul and Khan Kulzia
Seller's Agent
John Angelo
Compass
Buyer's Agent
Melissa Swanson
HomeSmart
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Mizell Dan Thomas
Bought by
Cohen Betty

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 17, 2016
Sold by
Cohen Alexander
Bought by
Cohen Betty
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
Eric Hunter
Compass
List Price
$550,000
Sold Price
$511,500
Premium/Discount to List
-$38,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$420,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 16, 2016
Sold by
Tomlinson Amber
Bought by
Mizell Dan Thomas
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
Eric Hunter
Compass
List Price
$550,000
Sold Price
$511,500
Premium/Discount to List
-$38,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2006
Sold by
Cox Edward S and Cox Janet R
Bought by
Grant Mark and Grant Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Family Trust -- None Listed On Document
Khan Family Trust -- None Listed On Document
Khan Abdul $550,000 Fidelity Natl Ttl Agcy Inc
Cohen Betty -- Fidelity Natl Ttl Agcy Inc
Cohen Betty $439,048 None Available
Cohen Betty -- Empire West Title Agency
Mizell Dan Thomas -- Empire West Title Agency
Mizell Dan Thomas $511,500 Empire West Title Agency
Grant Mark $432,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Abdul $200,000
Previous Owner Mizell Dan Thomas $420,000
Previous Owner Grant Mark $346,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2020 01/03/20 Sold $550,000 -1.8% $170 / Sq Ft
12/12/2019 12/12/19 Price Changed $559,900 -6.7% $173 / Sq Ft
12/12/2019 12/12/19 For Sale $599,900 +17.3% $185 / Sq Ft
05/25/2016 05/25/16 Sold $511,500 0.0% $158 / Sq Ft View Prior Sale
04/06/2016 04/06/16 Price Changed $511,500 +2.5% $158 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $499,000 -5.0% $154 / Sq Ft
11/20/2015 11/20/15 Price Changed $525,000 -4.5% $162 / Sq Ft
10/23/2015 10/23/15 For Sale $550,000 -- $170 / 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 $3,850 $40,769 -- --
2024 $3,463 $38,828 -- --
2023 $3,463 $59,630 $11,920 $47,710
2022 $3,660 $46,680 $9,330 $37,350
2021 $3,413 $46,250 $9,250 $37,000
2020 $3,891 $42,520 $8,500 $34,020
2019 $3,589 $39,870 $7,970 $31,900
2018 $3,524 $37,660 $7,530 $30,130
2017 $3,448 $35,450 $7,090 $28,360
2016 $3,223 $34,330 $6,860 $27,470
2015 $2,706 $33,820 $6,760 $27,060
Source: Public Records

Agents Affiliated with this Home

  • John Angelo

    Seller's Agent in 2020

    John Angelo

    Compass

    (602) 616-1455

    165 Total Sales

    John Angelo
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Deanna Santosusso

    Compass

    (602) 980-1482

    36 Total Sales

    Deanna Santosusso
    Section Image
  • Melissa Swanson

    Buyer's Agent in 2020

    Melissa Swanson

    HomeSmart

    (480) 410-8176

    46 Total Sales

    Melissa Swanson
    Section Image
  • Carol A. Royse

    Seller's Agent in 2016

    Carol A. Royse

    Your Home Sold Guaranteed Realty

    (480) 576-4555

    2 in this area

    888 Total Sales

    Carol A. Royse
    Section Image
  • Eric Hunter

    Buyer's Agent in 2016

    Eric Hunter

    Compass

    (602) 738-2871

    26 Total Sales

    Eric Hunter
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6014037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-95-442

Arizona Maricopa County Gilbert 85234 Northwest Gilbert

526 E Terrace Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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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