NOT LISTED FOR SALE

Estimated Value: $460,000 - $501,671

3 Beds
2 Baths
1,526 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $252,000 $165 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,760/month

23 Days on Market

Highlights

  • Heated Spa
  • 0.25 Acre Lot
  • Covered patio or porch
  • RV Gated
  • No HOA
  • 1-minute walk to Villa Madeira Park

About This Home

As of December 2017

Charming 3BR/2BA block construction home in an EXCELLENT central Gilbert location close to downtown Gilbert, great shopping, and fantastic dining/entertainment! Incredible oversized cul-de-sac lot with a huge backyard complete with a heated pool and spa, pool house, and two oversized storage units, and tons of room to roam and entertain! Large double sized RV gate at the side of the house with exceptional room for an RV or a boat. This house is a gem and will likely not be on the market for long! Come and see it while it's still available!!!

Last Agent to Sell the Property

Stephen Kovar

HomeSmart License #BR644436000 Listed on: 09/22/2017

HomeSmart

Last Buyer's Agent

Cindy Flowers

Keller Williams Integrity First License #BR006158000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Designed by Ranch Architects
  • Composition Roof

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Oak Tree Elementary School
  • Gilbert Junior High School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 302-13-230

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Villa Madeira 1 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert Rd and Guadalupe
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Ranch
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: From Gilbert Rd., west on Guadalupe, North on Neely, East on Princeton, North on Pine. Home will be o the left side of the road in a cul-de-sac
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: VILLA MADEIRA 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1526.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: None
  • 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: Oak Tree Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10855.0
  • Parcel #: 302-13-230
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1015.0
  • Tax Book Number: 302.00
  • Tax Lot: 90
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 28, 2017
Sold by
Martinelli Cindey K
Bought by
Marquez Lawrence M and Marquez Valerie M
Seller's Agent
Stephen Kovar
HomeSmart
Buyer's Agent
Cindy Flowers
Keller Williams Integrity First
List Price
$267,500
Sold Price
$252,000
Premium/Discount to List
-$15,500
-5.79%
Current Estimated Value
$482,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,801
Avg. Annual Appreciation
8.83%
Original Mortgage
$247,435
Outstanding Balance
$209,754
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$273,047

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 16, 2017
Sold by
Estate Of Richard F Martinelli and Martinelli Cindey K
Bought by
Martinelli Cindey K
Seller's Agent
Stephen Kovar
HomeSmart
Buyer's Agent
Cindy Flowers
Keller Williams Integrity First
List Price
$267,500
Sold Price
$252,000
Premium/Discount to List
-$15,500
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,435
Outstanding Balance
$209,754
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$273,047

Purchase Details

Closed on
Oct 29, 2010
Sold by
Fannie Mae
Bought by
Martinelli Richard F and Martineli Cindey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,984
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Sun American Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 10, 2008
Sold by
Nelson Michael and Delgado Joyce
Bought by
Hart James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1997
Sold by
Vail Richard D and Vail Debra A
Bought by
Transamerica Financial Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,736
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1997
Sold by
Transamerica Financial Services
Bought by
Nelson Michael and Delgado Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,736
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Marquez Lawrence M $252,000 Security Title Agency Inc
Martinelli Cindey K -- None Available
Martinelli Cindey K -- None Available
Martinelli Richard F $129,980 Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- First American Title
Sun American Mortgage Company $265,191 First American Title
Hart James $233,000 Magnus Title Agency
Transamerica Financial Services -- Ati Title Agency
Nelson Michael $86,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Lawrence M $247,435
Previous Owner Martinelli Richard F $103,984
Previous Owner Hart James $233,000
Previous Owner Nelson Michael $67,000
Previous Owner Nelson Michael $116,000
Previous Owner Nelson Michael $85,736
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $252,000 -1.2% $165 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $255,000 -2.9% $167 / Sq Ft
10/05/2017 10/05/17 Price Changed $262,500 -1.9% $172 / Sq Ft
09/22/2017 09/22/17 For Sale $267,500 -- $175 / 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 $1,122 $15,521 -- --
2024 $1,131 $14,782 -- --
2023 $1,131 $34,760 $6,950 $27,810
2022 $1,097 $25,680 $5,130 $20,550
2021 $1,159 $24,450 $4,890 $19,560
2020 $1,141 $21,480 $4,290 $17,190
2019 $1,049 $19,960 $3,990 $15,970
2018 $1,017 $18,460 $3,690 $14,770
2017 $981 $17,230 $3,440 $13,790
2016 $1,015 $16,670 $3,330 $13,340
2015 $925 $14,100 $2,820 $11,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5664270

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-13-230