NOT LISTED FOR SALE

685 S Gilbert Rd Unit A Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $2,348,873

-- Bed
-- Bath
11,501 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 685 S Gilbert Rd Unit A, Gilbert, AZ 85296 and is currently estimated at $2,348,873, approximately $204 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 Gilbert Arts Academy.

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
$2,348,873

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
Estimated Equity
-$2,651,127

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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 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 $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
2015 $13,311 $139,453 $83,990 $55,463
Source: Public Records

Map

Arizona Maricopa County Gilbert 85296 Heritage District

685 S Gilbert Rd Unit A, Gilbert, AZ

This home is located at 685 S Gilbert Rd Unit A, Gilbert, AZ 85296 and is currently estimated at $2,348,873, approximately $204 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 Gilbert Arts Academy.

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.

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