NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,415,000

5 Beds
3 Baths
3,000 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $586,000 $195 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,234/month

117 Days on Market

Highlights

  • Horses Allowed On Property
  • 0.82 Acre Lot
  • Granite Countertops
  • Gilbert Elementary School Rated A-
  • Two Primary Bathrooms
  • Private Yard

About This Home

As of March 2016

This gorgeous 'one of a kind' Modern Farmhouse Rebuild is on a large acre lot in the Heart of Downtown Gilbert!!! This home was taken down to the studs and has been rebuilt from the inside out! All new plumbing and drains, electrical, duct work, stucco, drywall and texture, insulation, windows, A/C unit, front and back paver patios and paver courtyard off the master suite. Detached 3-Car Garage with epoxy floors. Interior features Frigidaire Professional Stainless Steel Appliances, White shaker cabinets w/ subway tile back splash and honed marble countertops. Williams and Sonoma Furniture piece island with leathered granite countertop. New doors and hardware throughout, new tile surrounds in showers. Restoration Hardware Light fixtures and cabinet hardware. A beautiful 'Must See' home!

Last Agent to Sell the Property

Casey Block

TPH Zerodown Brokerage License #BR562410000 Listed on: 10/04/2015

Last Buyer's Agent

Paul Downey

Dwellings Realty Group License #SA564911000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1967

Lot Details

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

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Home Ranch Meadow Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 304-23-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,936

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Gilbert Rd and Elliott Rd
  • 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
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1967
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 0.82
  • Subdivision Name: HOME RANCH MEADOW
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 195.33
  • 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, Tile
  • Basement YN: No
  • Possible Use: Res/Business Use Ok, Ranch/Farm
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3000.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Low-E
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard, Storage
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Slump Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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: Gilbert Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 35898.0
  • Parcel #: 304-23-045
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1936.0
  • Tax Book Number: 304.00
  • Tax Lot: 8
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Rankin Adam T and Rankin Rochelle M
Bought by
Rankin Adam T and Rankin Rochelle M
Current Estimated Value
$1,143,921

Purchase Details

Listed on
Oct 4, 2015
Closed on
Feb 24, 2016
Sold by
Axis Investments Llc
Bought by
Rankin Adam and Rankin Rochelle
Seller's Agent
Casey Block
TPH Zerodown Brokerage
Buyer's Agent
Paul Downey
Dwellings Realty Group
List Price
$599,000
Sold Price
$586,000
Premium/Discount to List
-$13,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$417,000
Outstanding Balance
$330,054
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$813,867

Purchase Details

Closed on
Feb 19, 2015
Sold by
Foster Cella May
Bought by
Axis Investments Llc

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
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Foster Celia May
Bought by
Foster Celia May and Celia May Foster Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rankin Adam T -- None Available
Rankin Adam $586,000 Magnus Title Agency
Axis Investments Llc $325,000 First Arizona Title Agency
Foster Celia May -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Adam $417,000
Previous Owner Axis Investments Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $586,000 -2.2% $195 / Sq Ft
03/21/2016 03/21/16 Price Changed $599,000 0.0% $200 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $599,000 0.0% $200 / Sq Ft
01/18/2016 01/18/16 Price Changed $599,000 0.0% $200 / Sq Ft
10/22/2015 10/22/15 Price Changed $599,000 -2.6% $200 / Sq Ft
10/04/2015 10/04/15 For Sale $615,000 -- $205 / 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 $2,893 $38,466 -- --
2024 $2,804 $36,635 -- --
2023 $2,804 $64,970 $12,990 $51,980
2022 $2,719 $47,830 $9,560 $38,270
2021 $2,873 $45,600 $9,120 $36,480
2020 $2,828 $42,450 $8,490 $33,960
2019 $2,056 $33,880 $6,770 $27,110
2018 $1,993 $31,560 $6,310 $25,250
2017 $1,922 $30,110 $6,020 $24,090
2016 $1,989 $29,720 $5,940 $23,780
2015 $2,165 $29,830 $5,960 $23,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5343836

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-23-045