NOT LISTED FOR SALE

Estimated Value: $708,000 - $1,210,121

3.2 Acres
$270,556 Price per Acre
139,392 Sq Ft Lot

Sale Details

Date Sold: July 28, 2023

Last sale price $964,000

Est. 11% decrease in value since last sale

Current estimated payment $4,936 / mo

436 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Level Lot
  • 3.2 Acre Lot

About This Lot

As of July 2023

What an incredible opportunity in the Town of Gilbert to build your custom dream home or possibly develop into multiple lots on land that spans over 3 acres in R-35 zoning all within a few minutes of Downtown Gilbert! Land like this does not come available often in this great location along with water and power at the property line. Come check out this nice rural setting with a South facing front yard and North facing backyard with easy access to the 60, shopping, restaurants plus it's worth mentioning one more time, just minutes from Downtown Gilbert!!

Last Agent to Sell the Property

Travis Adams

Infinity Wealth Real Estate License #SA571425000 Listed on: 04/15/2022

Last Buyer's Agent

Lisa Murphy

HomeSmart License #SA632897000

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,112

Lot Details

  • 3.2 Acre Lot
  • Level Lot
  • Property is zoned R-35

Schools

  • Oak Tree Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 302-12-026-K

Property Details

Property Type

Land

Est. Annual Taxes

$5,112

Lot Details

3.2 Acres

Listing Details

  • Cross Street: Cooper Rd & Guadalupe Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-35
  • Tax Year: 2021
  • Horses: Yes
  • Lot Size Acres: 3.2
  • Road Surface Type: Gravel, Dirt, Private Street
  • Tax Parcel Letter: K
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Other
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Irr Ditch(es)-Unlnd

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Tree Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size: 507x217x794x360
  • Lot Size Sq Ft: 139557.0
  • Additional Parcels: No
  • Parcel #: 302-12-026-K
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5112.0
  • Tax Book Number: 302.00
  • Tax Lot: -
  • Tax Map Number: 12.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
May 23, 2023
Sold by
Brent W & Marilyn D Brown Family Trust
Bought by
Seller's Agent
Travis Adams
Infinity Wealth Real Estate
Buyer's Agent
Travis Adams
Infinity Wealth Real Estate
List Price
$794,900
Sold Price
$650,000
Premium/Discount to List
-$144,900
-18.23%
Views
242
Current Estimated Value
$860,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,582
Avg. Annual Appreciation
9.08%
Original Mortgage
$617,500
Outstanding Balance
$593,786
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$271,994

Purchase Details

Closed on
Aug 26, 2015
Sold by
Brown F Morgan
Bought by
Brown F Morgan and The Brent W & Marilyn D Brown Family Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Brown Brent W and Brown Marilyn D
Bought by
The Brent W & Marilyn D Brown Family Tr
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Magnus Title Agency
Brown F Morgan -- None Available
The Brent W & Marilyn D Brown Family Tr -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $617,500
Previous Owner Brown F Morgan $397,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $964,000 +48.3% --
05/23/2023 05/23/23 Sold $650,000 -9.7% $203 / Sq Ft View Prior Sale
04/14/2023 04/14/23 Price Changed $720,000 -31.4% $225 / Sq Ft
02/13/2023 02/13/23 Price Changed $1,049,000 +39.9% --
01/27/2023 01/27/23 Price Changed $750,000 -31.8% $235 / Sq Ft
09/13/2022 09/13/22 Price Changed $1,099,000 +38.3% --
09/13/2022 09/13/22 For Sale $794,900 -33.7% $249 / Sq Ft
07/29/2022 07/29/22 Price Changed $1,199,000 -7.8% --
04/14/2022 04/14/22 For Sale $1,300,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,259 $30,046
2024 $2,190 $28,615
2023 $2,190 $53,120 $10,620 $42,500
2022 $2,124 $39,310 $7,860 $31,450
2021 $2,244 $36,770 $7,350 $29,420
2020 $2,209 $35,030 $7,000 $28,030
2019 $2,030 $32,260 $6,450 $25,810
2018 $1,968 $30,730 $6,140 $24,590
2017 $1,899 $28,000 $5,600 $22,400
2016 $1,965 $27,830 $5,560 $22,270
2015 $1,790 $27,610 $5,520 $22,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6383983

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-12-026J

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