$275,000
UNDER CONTRACT

406 E Washington Ave Unit C Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated payment $1,817/month

Total Views 5,016
2 Beds
2 Baths
813 Sq Ft
$338 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Cooling Available
  • Outdoor Storage
  • Burk Elementary School Rated A-
  • Tile Flooring
  • 1-minute walk to John Allen Park

About This Home

Modern Comfort & Investment Opportunity in Downtown Gilbert! This charming 2-beds, 2-baths home offers a versatile bonus room/den w/ its own exterior entrance—perfect for a home office, guest space or creative studio. Stylish white shaker soft-close cabinets, sleek vinyl plank flooring & updated bathrooms enhance the inviting interior. ALL appliances are BRAND NEW as of 2023, ensuring efficiency & convenience. Located in the heart of downtown Gilbert, this property provides unbeatable walkability to top-rated dining, shopping & entertainment w/ easy access to 202/60 freeways & Mesa Gateway Airport. Whether you're looking for a turnkey home or a prime investment opportunity, this property delivers! Currently tenant-occupied, it offers immediate rental income potential for investors. Don't miss this rare chance to own a stylish, income-generating home in one of Gilbert's most sought-after locations!

Listing Agent

Ben Arredondo

My Home Group Real Estate License #SA556873000

My Home Group Real Estate

Co-Listing Agent

Kimberly Harpster

My Home Group Real Estate License #SA675199000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $386

Year Built

  • Built in 1982

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Washer and Dryer Hookup

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2023
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Burk Elementary School
  • Gilbert High Middle School
  • Gilbert High School

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • Outdoor Storage
  • 928 Sq Ft Lot

Community Details

  • Association fees include ground maintenance
  • Desert Vista Comm Association, Phone Number (480) 573-8999
  • Meadowbrook Village Subdivision

Listing and Financial Details

  • Tax Lot 7B
  • Assessor Parcel Number 304-12-420

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$386

Year Built

Built in 1982

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Cross Street: Gilbert & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2023
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1982
  • Tax Year: 2023
  • Directions: Head east on E Elliot Rd. Turn left onto N Burk St. Turn right at the 1st cross street onto E Washington Ave. Home will be on the left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: MEADOWBROOK VILLAGE
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Cooling:Central Air: Yes
  • Special Features: UnderContract

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 813.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Meadowbrook Village
  • Phone: 602-943-2384
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Meadowbrook Village
  • Association Fees:HOA Telephone4: (602) 943-2384
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 500.0
  • Association Fees:Disclosure Fees HOA: 463.0
  • Association Fees:Other Fees HOA: 37.0
  • Association Fees:Other Fees Description: Processing Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Desert Vista Comm
  • Association Fees:HOA Management Phone: (480) 573-8999

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 928.0
  • Parcel #: 304-12-420
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 386.0
  • Tax Book Number: 304.00
  • Tax Lot: 7B
  • Tax Map Number: 12.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $383 $5,302 -- --
2024 $386 $5,050 -- --
2023 $386 $17,530 $3,500 $14,030
2022 $453 $13,510 $2,700 $10,810
2021 $469 $11,500 $2,300 $9,200
2020 $462 $8,230 $1,640 $6,590
2019 $429 $7,520 $1,500 $6,020
2018 $417 $6,820 $1,360 $5,460
2017 $404 $6,350 $1,270 $5,080
2016 $414 $5,860 $1,170 $4,690
2015 $377 $5,330 $1,060 $4,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $275,000 +32.2% $338 / Sq Ft
12/09/2022 12/09/22 Sold $208,000 -15.1% $227 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/02/2022 10/02/22 Price Changed $244,900 -5.8% $268 / Sq Ft
09/26/2022 09/26/22 For Sale $260,000 0.0% $284 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $260,000 +25.0% $284 / Sq Ft
07/28/2022 07/28/22 Off Market $208,000 -- --
07/13/2022 07/13/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $250,000 -- $273 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $208,000 Arizona Title
Joint Tenancy Deed $36,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $197,600 New Conventional
Previous Owner $88,000 Unknown
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6830622

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-12-420