$250,000
SOLD AUG 16, 2012

742 E Avenida Sierra Madre Gilbert, AZ 85296

Downtown Gilbert Neighborhood
4 Beds
2 Baths
2,604 Sq Ft
9,130 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

99 Days on Market

Highlights

  • Two Way Fireplace
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Mesquite Elementary School Rated A-
  • Granite Countertops
  • Gazebo

About This Home

As of November 2014

Original owner has loved this home - check out the pictures! Travertine floors, granite counter tops, recessed kitchen lighting, split bedroom floorplan, master has a snail shower, dual sinks, there is a putting green, ramada, built-in BBQ, huge side yard with storage sheds, oodles of fruit trees. There is no other home like it! New paint inside and outside, patio roof and ramada roofs have been re-done. There is a permitted addition off the master suite that makes a perfect office/nursery/fitness center, you name it! Look no further, for the $25k+ you would have to invest in turning around a short sale or bank owned property - this home is move in ready! HOA is $350/year paid in January.

Last Agent to Sell the Property

Lorrie Iantaffi

Real Estate Lifestyles, LLC License #BR105629000 Listed on: 04/11/2012

Co-Listed By

Katherine Dahl

Real Estate Lifestyles, LLC License #SA519505000

Last Buyer's Agent

Tim Massingale

My Home Group Real Estate License #BR005720000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1988

Lot Details

  • 9,130 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Two Way Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Built-In Barbecue

Schools

  • Mesquite Elementary School - Gilbert
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Summerfield Association, Phone Number (480) 266-8790
  • Built by Richmond American
  • Summerfield Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 304-23-363

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1988

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Cross Street: Elliott & Lindsay
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 29.16
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2011
  • Directions: Go south to Avenida Sierra Madre and go west to your new home on the right!
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: life01
  • Co List Office Phone: 480-813-8339
  • Subdivision Name: Summerfield
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 350.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2604.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Summerfield
  • Phone: 480-266-8790
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Summerfield
  • Association Fees:HOA Telephone4: 480-266-8790
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Mesquite Elementary School - Gilbert
  • 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: 9130.0
  • Parcel #: 304-23-363
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 1502.0
  • Tax Book Number: 304.00
  • Tax Lot: 90
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2015
Sold by
Thor Sokchea and Thor Limse C
Bought by
Thor Limse C
Current Estimated Value
$664,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$176,656
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$482,084

Purchase Details

Listed on
Oct 18, 2014
Closed on
Nov 20, 2014
Sold by
Becker Joseph E and Becker Verna E
Bought by
Thor Limse C and Thor Sokchea
Seller's Agent
Sherry Rea
HomeSmart
Buyer's Agent
Vanthary Chung
Superlative Realty
List Price
$303,900
Sold Price
$288,000
Premium/Discount to List
-$15,900
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$228,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jul 20, 2012
Sold by
Slaughter Sterling F and Slaughter Arelis
Bought by
Becker Joseph E and Becker Verna E
Seller's Agent
Lorrie Iantaffi
Real Estate Lifestyles, LLC
Buyer's Agent
Tim Massingale
My Home Group Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$237,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Slaughter Sterling F
Bought by
Slaughter Sterling F and Slaughter Arelis
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $288,000 American Title Svc Agency Ll
Warranty Deed $250,000 First American Title Insuran
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Closed $228,000 New Conventional
Previous Owner $237,500 New Conventional
Previous Owner $140,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $138,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2014 11/27/14 Sold $288,000 -3.8% $111 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
10/26/2014 10/26/14 Price Changed $299,500 -1.4% $115 / Sq Ft
10/18/2014 10/18/14 For Sale $303,900 +21.6% $117 / Sq Ft
08/16/2012 08/16/12 Sold $250,000 0.0% $96 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $250,000 0.0% $96 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $250,000 -- $96 / 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 $1,885 $25,907 -- --
2024 $1,900 $24,673 -- --
2023 $1,900 $43,820 $8,760 $35,060
2022 $1,842 $32,350 $6,470 $25,880
2021 $1,944 $31,810 $6,360 $25,450
2020 $1,915 $28,630 $5,720 $22,910
2019 $1,761 $26,750 $5,350 $21,400
2018 $1,708 $25,530 $5,100 $20,430
2017 $1,649 $24,300 $4,860 $19,440
2016 $2,333 $22,900 $4,580 $18,320
2015 $1,554 $21,460 $4,290 $17,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4743227

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-363