685 S Gilbert Rd Unit A Gilbert, AZ 85296
Heritage District NeighborhoodEstimated Value: $2,311,879
Studio
--
Bath
11,501
Sq Ft
$201/Sq Ft
Est. Value
About This Home
This home is located at 685 S Gilbert Rd Unit A, Gilbert, AZ 85296 and is currently priced at $2,311,879, approximately $201 per square foot. 685 S Gilbert Rd Unit A is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Benjamin Franklin Charter School - Gilbert.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2025
Sold by
Pacific Oakmark Gilbert Llc
Bought by
Gfm Cre Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$5,000,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2023
Sold by
Hamser Hill Llc
Bought by
Pacific Oakmark Gilbert Llc
Purchase Details
Closed on
Aug 21, 2020
Sold by
Butler Hovde Llc
Bought by
Hamser Hill Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 28, 2008
Sold by
Butler Hovde Farms
Bought by
Butler Hovde Llc
Purchase Details
Closed on
Jun 30, 1994
Sold by
Hovde Barbara Lynn
Bought by
Hovde C Bruce
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gfm Cre Llc | $3,800,000 | Chicago Title Agency | |
| Pacific Oakmark Gilbert Llc | $2,565,000 | Old Republic Title Agency | |
| Hamser Hill Llc | $1,630,000 | Old Republic Title Agency | |
| Butler Hovde Llc | $45,549 | None Available | |
| Hovde C Bruce | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gfm Cre Llc | $5,000,000 | |
| Previous Owner | Hamser Hill Llc | $825,000 |
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 | $14,688 | $161,768 | -- | -- |
| 2024 | $15,108 | $158,879 | -- | -- |
| 2023 | $15,108 | $269,263 | $204,867 | $64,396 |
| 2022 | $15,125 | $228,445 | $121,135 | $107,310 |
| 2021 | $16,091 | $234,018 | $124,596 | $109,422 |
| 2020 | $15,853 | $220,032 | $112,680 | $107,352 |
| 2019 | $14,728 | $200,952 | $104,112 | $96,840 |
| 2018 | $14,322 | $187,704 | $106,524 | $81,180 |
| 2017 | $13,853 | $175,986 | $98,640 | $77,346 |
| 2016 | $14,203 | $143,496 | $88,074 | $55,422 |
Source: Public Records
Map
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