NOT LISTED FOR SALE

Estimated Value: $1,613,512

-- Bed
-- Bath
8,686 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $930,000 $107 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,550/month

176 Days on Market

Highlights

  • 0.66 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2021

This home is located at 605 N Gilbert Rd, Mesa, AZ 85203 since 25 November 2020 and is currently estimated at $1,613,512, approximately $185 per square foot. This property was built in 1982. 605 N Gilbert Rd is a home located in Maricopa County with nearby schools including Field Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Last Agent to Sell the Property

Shamile Botzman

Cluff Real Estate LLC License #SA633919000 Listed on: 11/25/2020

Last Buyer's Agent

Shamile Botzman

Cluff Real Estate LLC License #SA633919000 Listed on: 11/25/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,291

Year Built

  • Built in 1982

Lot Details

  • 0.66 Acre Lot
  • Property is zoned OC

Home Design

  • 8,686 Sq Ft Home
  • Wood Frame Construction

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Tierra Verde Estates 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-09-424-A

Property Details

Property Type

Other

Est. Annual Taxes

$13,291

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Gilbert & University
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2020
  • Directions: North on Gilbert. Building is on the east side of Gilbert Road, at the corner of Gilbert & Decatur.
  • Lot Size Acres: 0.66
  • Subdivision Name: TIERRA VERDE ESTATES 2
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: Other, See Remarks
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 4.18
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.18
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 28914.0
  • Additional Parcels: No
  • Parcel #: 140-09-424-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 13291.0
  • Tax Book Number: 140.00
  • Tax Lot: 0000
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Craig J Mansfield Living Trust
Bought by
605 Gilbert Llc
Current Estimated Value
$1,613,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2020
Closed on
May 6, 2021
Sold by
Henson Holding Llc
Bought by
Mansfield Craig J and The Craig J Mansfield Living T
Seller's Agent
Shamile Botzman
Cluff Real Estate LLC
Buyer's Agent
Shamile Botzman
Cluff Real Estate LLC
List Price
$970,000
Sold Price
$930,000
Premium/Discount to List
-$40,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Mar 6, 2020
Sold by
Lundgren Rental Properties Llc
Bought by
Henson Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2014
Sold by
Preva 3 Llc
Bought by
Lundgren Rental Properties Llc

Purchase Details

Closed on
Nov 21, 2013
Sold by
Slade Duane and Slade Jennifer
Bought by
Preva 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2007
Sold by
Slade Jennifer
Bought by
Slade Duane

Purchase Details

Closed on
Sep 19, 2006
Sold by
Gerrard Jerry L and Gerrard Jane L
Bought by
Slade Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
7.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
605 Gilbert Llc $1,450,000 Commonwealth Land Title
Mansfield Craig J $930,000 Great American Ttl Agcy Inc
Henson Holdings Llc $950,000 Great American Title Agency
Lundgren Rental Properties Llc $675,000 Grand Canyon Title Agency In
Preva 3 Llc $396,001 None Available
Slade Duane -- Ticor Title Co Of California
Slade Duane $750,000 Ticor Title Co Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 605 Gilbert Llc $966,500
Previous Owner Henson Holdings Llc $665,000
Previous Owner Slade Duane $562,500
Closed 605 Gilbert Llc $676,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $930,000 -4.1% $107 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $970,000 0.0% $112 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $970,000 -2.5% $112 / Sq Ft
12/11/2020 12/11/20 Price Changed $995,000 -9.5% $115 / Sq Ft
11/18/2020 11/18/20 For Sale $1,100,000 -- $127 / 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 $12,352 $122,022 -- --
2024 $12,830 $119,843 -- --
2023 $12,830 $263,041 $37,094 $225,947
2022 $12,934 $251,528 $40,565 $210,963
2021 $13,466 $257,760 $41,724 $216,036
2020 $13,291 $231,534 $38,340 $193,194
2019 $12,418 $201,564 $34,758 $166,806
2018 $11,918 $117,144 $33,228 $83,916
2017 $11,563 $118,890 $30,762 $88,128
2016 $11,348 $103,716 $27,468 $76,248
2015 $10,962 $88,282 $15,984 $72,298
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6164826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-09-424A