238 S Wilbur Ave Unit 1 Gilbert, AZ 85233
Downtown Gilbert NeighborhoodHighlights
- Wood Flooring
- 3 Car Attached Garage
- Heating Available
- Gilbert Elementary School Rated A-
- Cooling Available
About This Home
As of February 2025Multi Family in Downtown Gilbert!?
These two are home are beautifully remodeled.
3/1
and
3/2
Individual fenced lots. Approximately 6500 SF each (Same APN)
Separate water and electrical meters.
Separate Addresses. Same APN.
Amazing opportunity to rent each long term or rent one short, one long etc. Strong VRBO/AIRBNB market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $561
Year Built
- Built in 1956
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 3 Car Attached Garage
- 1 Open Parking Space
- Common or Shared Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, water, sewer, cable TV
- Tax Lot 9
- Assessor Parcel Number 302-34-027
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 100.41 X128.92
- Wilbur Homes Amd Subdivision
Building Details
- Operating Expense $561
- Gross Income $50,440
- Net Operating Income $50,440
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $750,000 | -2.5% | -- |
| 01/09/2025 01/09/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | Price Changed | $769,000 | +1.2% | -- |
| 01/07/2025 01/07/25 | Price Changed | $760,000 | -1.9% | -- |
| 12/04/2024 12/04/24 | For Sale | $774,990 | 0.0% | -- |
| 12/02/2024 12/02/24 | Price Changed | $774,990 | -- | -- |
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 | $561 | $6,416 | -- | -- |
| 2024 | $564 | $6,110 | -- | -- |
| 2023 | $564 | $17,900 | $3,580 | $14,320 |
| 2022 | $548 | $12,380 | $2,470 | $9,910 |
| 2021 | $567 | $10,870 | $2,170 | $8,700 |
| 2020 | $559 | $9,730 | $1,940 | $7,790 |
| 2019 | $519 | $8,350 | $1,670 | $6,680 |
| 2018 | $505 | $6,860 | $1,370 | $5,490 |
| 2017 | $488 | $6,610 | $1,320 | $5,290 |
| 2016 | $501 | $6,310 | $1,260 | $5,050 |
| 2015 | $457 | $5,720 | $1,140 | $4,580 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $710,000 | VA | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $141,950 | Fannie Mae Freddie Mac |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Equitable Title | |
| Warranty Deed | $330,000 | Capital Title | |
| Warranty Deed | $280,000 | Capital Title | |
| Warranty Deed | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6781172
APN: 302-34-027
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.
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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