NOT LISTED FOR SALE

863 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $465,000 - $472,000

3 Beds
2 Baths
1,648 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $465,000 $282 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,668/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • 2 Car Direct Access Garage
  • Sonoma Ranch Elementary School Rated A-
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of September 2024

Location, Location, Location! Perfectly situated home is minutes from renowned ''restaurant row'' in Downtown Gilbert & walking distance to the amazing 88 acre Freestone Park featuring baseball fields, batting cages, multi-use fields, lakes; lighted basketball, tennis & volleyball courts; train rides for the kids, amusement rides & more! Excellent floor plan w/LR, FR, formal DR & vaulted ceilings. Spacious Kit. w/breakfast bar, double oven, B/I micro & pantry. Good sized guest BR's & Lg Master Suite. C-fans in all rooms & 2'' wood blinds t/o. Inside laundry leads to garage w/extra storage space & epoxy coated floor. Inviting back yard features covered patio, pavers & low maintenance landscaping. Enjoy the HUGE community pool with 2 verandas & restrooms. What's not to like about this home

Last Agent to Sell the Property

Timothy Flaherty

Mesa Verde Real Estate License #BR028444000 Listed on: 07/10/2024

Last Buyer's Agent

Kellie Patterson

Bliss Realty & Investments License #SA704086000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1985

Lot Details

  • 6,225 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Sonoma Ranch Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 304-13-233

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Spectrum Mgmt. Association, Phone Number (480) 719-4524
  • Lowe Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,386

Year Built

Built in 1985

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Cross Street: Lindsay & Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 118.51
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LOWE ESTATES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 282.16
  • Association Fees:HOA Fee2: 118.51
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1648.0
  • Stories: 1
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Wood Frame, Painted, Brick
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Rear Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 118.51
  • Association Fee Frequency: Monthly
  • Association Name: Lowe Estates
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lowe Estates
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Spectrum Mgmt.
  • Association Fees:HOA Management Phone: 480-719-4524
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Sonoma Ranch Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6225.0
  • Parcel #: 304-13-233

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1386.0
  • Tax Book Number: 304.00
  • Tax Lot: 212
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 26, 2024
Sold by
Gosney Mark
Bought by
Doran Arwa and Doran Hugh
Seller's Agent
Timothy Flaherty
Mesa Verde Real Estate
Buyer's Agent
Kellie Patterson
Bliss Realty & Investments
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Views
31
Current Estimated Value
$467,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,834
Avg. Annual Appreciation
0.45%
Original Mortgage
$405,000
Outstanding Balance
$400,447
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$67,387

Purchase Details

Listed on
Apr 26, 2012
Closed on
Nov 27, 2012
Sold by
Gosney Tamara I
Bought by
Gosney Mark
Seller's Agent
Timothy Flaherty
Mesa Verde Real Estate
Buyer's Agent
Shawn Hastings
H&M Arizona Real Estate Brokerage, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$104,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2012
Closed on
Nov 21, 2012
Sold by
Knight Darla A
Bought by
Gosney Mark
Seller's Agent
Timothy Flaherty
Mesa Verde Real Estate
Buyer's Agent
Shawn Hastings
H&M Arizona Real Estate Brokerage, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Wallace John W
Bought by
Wallace John W and French Craig M

Purchase Details

Closed on
Sep 5, 2008
Sold by
Knight Gregory L
Bought by
Knight Darla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,375
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 1994
Sold by
Willard David L and Willard Marsha L
Bought by
Knight Gregory L and Knight Darla A
Source: Public Records
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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
Doran Arwa $465,000 Group Title Agency
Gosney Mark -- Pioneer Title Agency Inc
Gosney Mark $154,255 Pioneer Title Agency Inc
Wallace John W -- Accommodation
Knight Darla A -- Grand Canyon Title Agency
Knight Gregory L $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doran Arwa $405,000
Previous Owner Gosney Mark $104,000
Previous Owner Gosney Mark $104,000
Previous Owner Knight Darla A $192,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $465,000 -2.1% $282 / Sq Ft
08/21/2024 08/21/24 Price Changed $475,000 -2.1% $288 / Sq Ft
07/31/2024 07/31/24 Price Changed $485,000 0.0% $294 / Sq Ft
07/31/2024 07/31/24 For Sale $485,000 -2.8% $294 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $499,000 +283.8% $303 / Sq Ft
11/30/2012 11/30/12 Sold $130,000 0.0% $79 / Sq Ft View Prior Sale
04/26/2012 04/26/12 For Sale $130,000 -- $79 / 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 $1,431 $18,758 -- --
2024 $1,386 $17,864 -- --
2023 $1,386 $33,360 $6,670 $26,690
2022 $1,341 $24,920 $4,980 $19,940
2021 $1,416 $23,170 $4,630 $18,540
2020 $1,402 $21,480 $4,290 $17,190
2019 $1,288 $19,500 $3,900 $15,600
2018 $1,251 $18,060 $3,610 $14,450
2017 $1,207 $16,660 $3,330 $13,330
2016 $1,247 $16,070 $3,210 $12,860
2015 $1,129 $15,270 $3,050 $12,220
Source: Public Records

Agents Affiliated with this Home

  • Timothy Flaherty

    Seller's Agent in 2024

    Timothy Flaherty

    Mesa Verde Real Estate

    (480) 236-7932

    2 in this area

    45 Total Sales

    Timothy Flaherty
    Section Image

  • K

    Buyer's Agent in 2024

    Kellie Patterson

    Bliss Realty & Investments

    (602) 770-4657

    1 in this area

    17 Total Sales

    Kellie Patterson
    Section Image

  • S

    Buyer's Agent in 2012

    Shawn Hastings

    H&M Arizona Real Estate Brokerage, LLC

    (480) 205-9558

    5 Total Sales

    Shawn Hastings
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6729304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-13-233

Arizona Maricopa County Gilbert 85234 Val Vista

863 E Lexington Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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