NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,058,282

3 Beds
2 Baths
2,579 Sq Ft
$395/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $515,000 $200 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,614/month

142 Days on Market

Highlights

  • Horses Allowed On Property
  • Play Pool
  • Gated Parking
  • Neely Traditional Academy Rated A
  • RV Garage
  • 0.87 Acre Lot

About This Home

As of February 2018

HORSE PROPERTY & NO HOA located in Desirable RIO CABALLO with separate DETACHED GARAGE with FULL SIZE RV roll-up doors & plenty of storage + parking for all your toys! Garage accommodates up to 8 cars or a full-size RV along with 220 V power. Relax in the OVERSIZED backyard which includes a pool complete with large deck, separate grass area with shade and various fruit trees for your enjoyment. Home has been updated with neutral paint, windows & has 3 beds / 2 baths, large living areas & farm style kitchen – complete with Stainless Steel appliances. Enter pool area through the extra large Arizona Room! Perfect for storing all the pool toys! The rear yard includes a dog run & irrigation to rear and side yards. Fantastic Location - minutes from Gilbert Center! Schedule your viewing today!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 08/18/2017

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Cory Whyte

West USA Realty License #BR565110000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1978

Lot Details

  • 0.87 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 7 Car Detached Garage
  • 20 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • RV Garage

Home Design

  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,579 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Screened Patio
  • Outdoor Storage

Schools

  • Burk Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 304-12-029

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Rio Caballo Unit One Lot 1 12 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,377

Year Built

Built in 1978

Lot Details

0

Parking

7

Listing Details

  • Cross Street: Lindsay and Guadalupe
  • 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
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 20.0
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 0.87
  • Subdivision Name: RIO CABALLO UNIT ONE LOT 1-12
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Possible Use: Other (See Remarks)
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2579.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Tinted Windows, Vinyl Frame
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Screened in Patio(s), Storage
  • Lot Features: Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Irrigation Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Concrete
  • Construction:Block: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, Detached, Tandem, RV Access/Parking, Gated, RV Garage
  • Attached Garage: No
  • Garage Spaces: 7.0
  • Open Parking Spaces: 20.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • 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: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37900.0
  • Parcel #: 304-12-029
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2377.0
  • Tax Book Number: 304.00
  • Tax Lot: 9
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Feb 2, 2018
Sold by
Linneen Ross
Bought by
Mccrea Jason and Mccrea Joanna
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cory Whyte
West USA Realty
List Price
$599,900
Sold Price
$515,000
Premium/Discount to List
-$84,900
-14.15%
Current Estimated Value
$1,017,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,571
Avg. Annual Appreciation
9.27%
Original Mortgage
$315,000
Outstanding Balance
$266,776
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$750,795

Purchase Details

Closed on
Jan 17, 2008
Sold by
Leather Jeffrey A and Leather Denise J
Bought by
Linneen Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1994
Sold by
Taylor William F and Taylor Nancy A
Bought by
Leather Jeffrey A and Leather Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mccrea Jason $515,000 Title Alliance Infinity Agen
Linneen Ross $510,000 Capital Title Agency Inc
Leather Jeffrey A $143,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrea Jason $315,000
Previous Owner Linneen Ross $360,000
Previous Owner Leather Jeffrey A $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2018 02/08/18 Sold $515,000 -6.3% $200 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
10/20/2017 10/20/17 Price Changed $549,900 -4.4% $213 / Sq Ft
09/22/2017 09/22/17 Price Changed $575,000 -4.2% $223 / Sq Ft
08/18/2017 08/18/17 For Sale $599,900 -- $233 / 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 $2,627 $36,345 -- --
2024 $2,649 $34,614 -- --
2023 $2,649 $58,710 $11,740 $46,970
2022 $2,569 $47,860 $9,570 $38,290
2021 $2,714 $46,420 $9,280 $37,140
2020 $2,672 $42,070 $8,410 $33,660
2019 $2,456 $35,360 $7,070 $28,290
2018 $2,381 $30,000 $6,000 $24,000
2017 $2,297 $27,080 $5,410 $21,670
2016 $2,377 $26,050 $5,210 $20,840
2015 $2,165 $28,320 $5,660 $22,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5648848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-029