NOT LISTED FOR SALE

7620 S 166th Way Gilbert, AZ 85142

South Chandler Neighborhood

Estimated Value: $560,625

2.32 Acres
$241,649 Price per Acre
101,059 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $720,000

Est. 22% decrease in value since last sale

Current estimated payment $3,342/month

84 Days on Market

About This Lot

As of March 2022

Can be subdivided into 2 residential lots! Enjoy the quiet country life with the city amenities in this prime residential property with almost 2.5-acre lot in the jurisdiction of Gilbert. The opportunity of designing your custom home is endless in this quiet community that's exploding with growth and next to upscale homes & horse properties. Picturesque clear views of the San Tan Mountains. You can walk to Payne Middle School, Seville Country Club and family water park is a bike ride or short drive away. Close proximity to the new Gilbert Regional Park, San Tan Mountain Regional Park, shopping, entertainment, golfing, and easy access to loop 202.

Last Listed By

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 12/01/2021

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,707

Lot Details

  • 2.32

Schools

  • Patterson Elementary - Mesa
  • Basha High School

Additional Features

  • 2.32 Acre Lot
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304-86-024-A

Property Details

Property Type

Land

Est. Annual Taxes

$2,707

Lot Details

0

Listing Details

  • Cross Street: Higley and Riggs
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: Residential
  • Tax Year: 2021
  • Directions: South on Higley Road past Riggs. Turn west on Cold Water it will be on the left hand side.
  • Lot Size Acres: 2.32
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: None
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Patterson Elementary - Mesa
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 266.38/364.34
  • Lot Size Sq Ft: 100940.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-86-024-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2707.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Mar 17, 2022
Sold by
Taylor and Angelique
Bought by
Talasila Sateesh
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Snigdha Yerramilli
HomeSmart
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%
Total Days on Market
84
Current Estimated Value
$560,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,375
Avg. Annual Appreciation
-8.22%

Purchase Details

Closed on
Oct 9, 2020
Sold by
Arcas Denny and Arcas Ashley
Bought by
Taylor Aaron and Bicad Angelique

Purchase Details

Closed on
Oct 12, 2017
Sold by
Sciaccotta Raymond J and Sciaccotta Carol M
Bought by
Arcas Denny and Arcas Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 1999
Sold by
Bunker Marc S and Bunker Sandra S
Bought by
Sciaccotta Raymond J and Sciaccotta Carol

Range of Values:

Collateral Analytics

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ICE

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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
Talasila Sateesh $720,000 Arizona Title
Taylor Aaron $305,000 Az Title Agency Llc
Arcas Denny -- Lawyers Title Of Arizona Inc
Arcas Denny $225,000 Lawyers Title Of Arizona Inc
Sciaccotta Raymond J $74,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcas Denny $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $720,000 -4.0% --
02/18/2022 02/18/22 Price Changed $750,000 -6.3% --
12/01/2021 12/01/21 For Sale $800,000 -- --
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
2023 $2,633 $48,870 $48,870 --
2022 $2,633 $45,615 $45,615 $0
2021 $2,707 $36,510 $36,510 $0
2020 $2,691 $38,625 $38,625 $0
2019 $2,595 $31,215 $31,215 $0
2018 $2,519 $37,245 $37,245 $0
2017 $2,374 $33,135 $33,135 $0
2016 $2,296 $33,840 $33,840 $0
2015 $2,344 $31,216 $31,216 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Arredondo

    Seller's Agent in 2022

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    18 in this area

    505 Total Sales

    Ben Arredondo
    Section Image

  • S

    Buyer's Agent in 2022

    Snigdha Yerramilli

    HomeSmart

    (775) 351-9789

    5 in this area

    26 Total Sales

    Snigdha Yerramilli
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6327147

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-024A

Arizona Maricopa County Gilbert 85142 South Chandler

7620 S 166th Way, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 7620 S 166th Way, Gilbert, AZ 85142 since 01 December 2021 and is currently priced at $560,625. 7620 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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