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1188 West Laredo Avenue

1188 West Laredo Avenue, Gilbert, AZ 85233
House in Artemina
Sold Sep 12, 2017
$408,000
$75,000 by Kingbird Investment Llc
Mortgage Due Apr 30, 2029
Sold Jun 24, 2002
$260,235
$208,000 by Pacific Republic Mtg Corp
Mortgage Due Jul 01, 2017
1188 West Laredo Avenue has been categorized by the local assessors in Gilbert, AZ as a residential type of property. The building on the property was first built in 2002 and is 22 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1188 West Laredo Avenue has 3,089 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,258 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of wood. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1188 West Laredo Avenue sold most recently in Sep 8, 2017 for a total of $408,000. If you work out the math, that's approximately a cost of $132.08 per sqft. Before that, the property was also sold for $260,235 in May 28, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,146 in taxes each year. The initial year of tax delinquency occurred in 2020. 1188 West Laredo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,220. If we break it down further, the land itself was valued at $9,840. Improvements to the property, however, were assessed at a total of $39,380. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,258
  • Total Building Area: 3,089
  • Gross Building Area: 3,089
  • Building Area: 3,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARTEMINA
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARTEMINA MCR 530-50

Ownership

  • Current Owner : WEBB XIYUN
  • Previous Owner : TRAM TUAN N
  • Previous Owner 2: CHENG CHLOE S
  • Owner Before Previous Owner: CAMELOT HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422305

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 53050
  • Parcel: 310-04-484
  • Lot: 29
  • Meridian: SEC 14 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3432
  • Longitude: -111.815

    Address

  • Full Address: 1188 W Laredo Ave
  • Address - House Number: 1188
  • Street Direction: W
  • Address - Street Name: Laredo
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R034
  • 4-Digit Zip Code: 5292
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,146
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 725,392
  • High Value: 768,818
  • Low Value: 681,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: KINGBIRD INVESTMENT LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2024
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 30, 2029

    Market Valuation

  • Market Total Value: $492,200
  • Market Land Value: $98,400
  • Market Improvement Value: $393,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,220
  • Assessed Land Value: $9,840
  • Assessed Improvements Value: $39,380

    Sales

  • Current Sale Contract Date: Sep 08, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1733236802
  • Current Sale Price: $408,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-0673546
  • Previous Sale Recording Date: Jun 24, 2002
  • Previous Sale Contract Date: May 28, 2002
  • Previous Sale Amount: $260,235
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $218,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC REPUBLIC MTG CORP
  • Previous Mortgage Transaction Date: Jun 24, 2002
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2017

About The Islands



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Frequently Asked Questions

What neighborhood is 1188 West Laredo Avenue located in?
The 1188 West Laredo Avenue is a house located in the neighborhood of Artemina in The Islands, Gilbert.
What is the average sales price for listings in 1188 West Laredo Avenue?
The average sales price for units in 1188 West Laredo Avenue is $0 currently.

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