NOT LISTED FOR SALE

7615 S 166th Way Gilbert, AZ 85142

South Chandler Neighborhood

Estimated Value: $356,865 - $1,009,000

1.27 Acres
$589,934 Price per Acre
55,321 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $224,000

Est. 234% increase in value since last sale

Current estimated payment $4,322/month

90 Days on Market

Highlights

  • 1.27 Acre Lot
  • Mountain View
  • Level Lot
  • Charlotte Patterson Elementary School Rated A
  • No HOA

About This Lot

As of August 2020

NO HOA plus surrounded by gorgeous Mountain Views!! Plus 15 yards of clean dirt was just added to land to help with build out. This prime residential property lot is next to beautiful custom-built homes ranging from $500,000 -$1 million all at the base of San Tan Mountains. This area is exploding with growth. You could walk to Payne JR High and it's close to shopping, entertainment, golfing, and easy access to loop 202. Great opportunity to own a large lot with gorgeous mountain views in fast growing Queen Creek.

Last Listed By

Susan Bermudez

LPT Realty, LLC License #BR686418000 Listed on: 05/04/2020

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,667

Lot Details

  • 1.27 Acre Lot
  • Level Lot

Schools

  • Willie & Coy Payne Jr. High Middle School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Rural Living Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304-86-023-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,667

Lot Details

0

Listing Details

  • Cross Street: Riggs & Higley
  • Legal Info Range: 34
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: RES
  • Tax Year: 2019
  • Directions: Go South to Coldwater, go West, fourth lot on southside of the street.
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt
  • Subdivision Name: RURAL LIVING
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Rural

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 208.56 x 266.01 x 208.45 x 266.18
  • Lot Size Sq Ft: 55344.0
  • Additional Parcels: No
  • Parcel #: 304-86-023-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1666.96
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Aug 25, 2020
Sold by
Varela Christopher L and Varela Deeanna E
Bought by
Donatello Brian G and Donatello Jeanne A
Seller's Agent
Susan Bermudez
LPT Realty, LLC
Buyer's Agent
Susan Bermudez
LPT Realty, LLC
List Price
$250,000
Sold Price
$224,000
Premium/Discount to List
-$26,000
-10.4%
Total Days on Market
90
Current Estimated Value
$749,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,216
Avg. Annual Appreciation
24.59%

Purchase Details

Closed on
Oct 17, 2018
Sold by
Montano Jose and Montano Lorena
Bought by
Varela Christopher L and Varela Deeanna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
M&I Investments Llc
Bought by
Montano Jose and Montano Lorena

Purchase Details

Closed on
Sep 12, 2009
Sold by
Montano Jose and Montano Lorena
Bought by
M & I Investments Llc

Purchase Details

Closed on
Oct 11, 2004
Sold by
Vanwell Joseph L and Vanwell Miriam
Bought by
Montano Jose A and Montano Lorena

Purchase Details

Closed on
Apr 9, 1999
Sold by
Bunker Marc S and Bunker Sandra J
Bought by
Vanwell Joseph L and Vanwell Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back

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 Buyer Sale Price Title Company
Donatello Brian G $224,000 Security Title Agency Inc
Varela Christopher L $150,000 Grand Canyon Title Agency
Montano Jose -- None Available
M & I Investments Llc -- None Available
Montano Jose A -- --
Vanwell Joseph L $74,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Christopher L $105,000
Previous Owner Montano Jose A $45,000
Previous Owner Vanwell Joseph L $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $224,000 -6.6% --
07/30/2020 07/30/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $239,900 -4.0% --
05/01/2020 05/01/20 For Sale $250,000 -- --
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 $1,782 $19,575 $19,575 --
2024 $1,747 $18,642 $18,642 --
2023 $1,747 $37,380 $37,380 $0
2022 $1,692 $27,195 $27,195 $0
2021 $1,739 $22,890 $22,890 $0
2020 $1,729 $20,850 $20,850 $0
2019 $1,667 $19,290 $19,290 $0
2018 $1,618 $22,635 $22,635 $0
2017 $1,525 $20,895 $20,895 $0
2016 $1,475 $21,000 $21,000 $0
2015 $1,506 $19,776 $19,776 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Bermudez

    Seller's Agent in 2020

    Susan Bermudez

    LPT Realty, LLC

    (480) 631-9498

    6 in this area

    106 Total Sales

    Susan Bermudez
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6072972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-023A

Arizona Maricopa County Gilbert 85142 South Chandler

7615 S 166th Way, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 7615 S 166th Way, Gilbert, AZ 85142 since 04 May 2020 and is currently estimated at $749,216. 7615 S 166th Way is a home located in Maricopa County with nearby schools including Charlotte Patterson Elementary School and Willie & Coy Payne Jr. High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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