$4,399,000
Gilbert, AZ 85297
MLS# 5850653
Status: Closed
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Property Description
San Tan Mountain Estates. 32 Acres of R-15 Zoned Vacant Land at the Foot of the San Tan Mountains in Gilbert, AZ. Located 1/2 Mile South of Seville...1/4 Mile East of Payne Junior High School. All Public Schools Located in the Chandler Unified School District...#1 in Arizona. The R-15 Zoning May be Downsized to R-10 Zoning. Town of Gilbert Water and SRP Electric on the Property. Natural Gas Across San Tan Boulevard. Town of Gilbert Public Sewer 2,500 feet west on San Tan Boulevard or 500' North of the New Maracay Home's Subdivision. Fabulous Location within 20 Minutes of Intel and the Chandler Hi-Tech Corridor. 5 Miles North to the San Tan 202 Freeway. 10 Minutes from the Phoenix-Mesa Gateway Airport. Estimated Number of Buildable Lots is (53).
Details
Maps
Documents
Contract Information
Current Price: $3,400,000
List Price: $4,399,000
Status: Closed
List Date: 2018-11-26
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: V41
House Number: 17103
Compass: E
Street Name: SAN TAN
St Suffix: Boulevard
Lot #: -
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Country: USA
County Code: Maricopa
Assessor's Map #: 87
Assessor's Parcel #: 20
Assessor Parcel Ltr: W
Add'l Parcels: Yes
Assessor Number: 304-87-020-W
Legal Description (Abbrev): W 528F OF E 1056F OF NE4 SW4 SD SEC EX N 33F RD
Subdivision: San Tan Mountain Estates
Census Tract: 816400
Tax Municipality: Gilbert
Taxes: 12083
Tax Year: 2018
Marketing Name: San Tan Mountain Estates
General Property Description
Apx Total Acres: 32
Apx Total Acres G/N: G
Price Per Acre: 137468.75
Apx SqFt: 1393920
Price Per SqFt: 3.16
Apx SqFt G/N: G
Lot Size Dimensions: 1,056' x 1,320'
Horses: N
Street Frontage: 1056
Zoning: R-15
Elementary School: Patterson Elementary School - Gilbert
Jr. High School: Willie & Coy Payne Jr. High
High School: Basha High School
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Remarks & Misc
Cross Street: Higley & Riggs Roads
Directions: Higley South to San Tan Boulevard East to 172nd Street. (24) Acres of Vacant Land on SWC)
Geo Lat: 33.210071
Geo Lon: -111.714413
Status Change Info
Status Change Date: 2021-11-01
Off Market Date: 2021-09-07
Under Contract Date: 2020-10-27
Close of Escrow Date: 2021-11-01
Sold Price: 3400000
Legal Info
Township: 2S
Range: 6E
Section: 35
Lot Number: -
Pmt & Rate Info
Equity: 3950000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Acreage
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 20.00 - 39.99 Acres
Current Density: Other (See Rmks)
Proposed Density: 02 - 05 Units P/Acre; Other (See Rmks)
Development Status: Raw Land; Off Site Imp Needed; On Site Imp Needed; On Site Imp Cmplete; Prelim Eng Included
Land Features: Mountain View(s); North/South Exp
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Low Desert
Land Configuration: Square Rectangular
Roads/Streets: Asphalt
Traffic Count: Up to 5,000
Freeway/Highway: Over 5.1 Miles
Railroad: Other (See Rmks)
Topography: Level
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Public; Sewer - Available
Electric: SRP
Gas: SW Gas
Distance to Cable: Under 350 Feet
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: Under 350 Feet
Distance to Sewer: Within 1/2 Mile
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional; Bond/IDA; 1031 Exchange
Special: Incorporated Area
Use Restrictions: Deed Restrictions; Existing Easement
Reports/Disclosures: Seller Prop Disc Stm; ALTA Survey Alba
Environmental: Phase I Available
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Wire; See Remarks
San Tan Mountain Estates Plat Map 
Listing Office: Valley of the Sun Real Estate
Last Updated: September - 01 - 2023
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Thursday 25th of April 2024 05:25 PM