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159 West Commerce Court

159 West Commerce Court, Gilbert, AZ 85233
Property in Arbor Walk
Sold Apr 04, 2023
$340,000
$251,625 by Prime Lending Llc
Mortgage Due Aug 01, 2053
Sold Dec 08, 2020
$250,000
$237,500 by Primelending
Mortgage Due Jan 01, 2051
159 West Commerce Court 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 2004 and is 20 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 159 West Commerce Court has 970 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 604 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 2 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 C 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 159 West Commerce Court was last sold in Apr 4, 2023 for $340,000. According to our calculations, that's $350.52 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Nov 28, 2020. Current property owners are expected to pay $816 in taxes per year. The property on 159 West Commerce Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,210. To break that down further, the land itself was valued at $4,840. While improvements to the property were assessed at a total of $19,370. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 604
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR WALK AMD
  • Land Acres: 0.014
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ARBOR WALK AMD MCR 644-33

Ownership

  • Current Owner : SCIUBBA THOMAS D
  • Current Owner 2: SCIUBBA TERESA A
  • Previous Owner : THOMPSON J CLAYTON J
  • Previous Owner 2: THOMPSON LINDSAY
  • Owner Before Previous Owner: MESSINGER BROCK ALLEN
  • Owner Before Previous Owner 2: MESSINGER THOMAS ROLAND
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422401

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 64433
  • Parcel: 302-14-806
  • Lot: 46
  • Meridian: SEC 12 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3582
  • Longitude: -111.793

    Address

  • Full Address: 159 W Commerce Ct
  • Legal Unit: 46
  • Address - House Number: 159
  • Street Direction: W
  • Address - Street Name: Commerce
  • Address - Suffix Type: Ct
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: C041
  • 4-Digit Zip Code: 4418
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $816
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 360,957
  • High Value: 382,566
  • Low Value: 339,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,625
  • First Open Lien Mortgage Lender: PRIME LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $251,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $242,100
  • Market Land Value: $48,400
  • Market Improvement Value: $193,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,210
  • Assessed Land Value: $4,840
  • Assessed Improvements Value: $19,370

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Transaction ID: 11904525244
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 169679
  • Previous Sale Recording Date: Dec 08, 2020
  • Previous Sale Contract Date: Nov 28, 2020
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THOMPSON J
  • First Mortgage Transaction Date: Apr 04, 2023
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Dec 08, 2020
  • Previous Mortgage Loan Amount: $237,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 159 West Commerce Court located in?
The 159 West Commerce Court is a located in the neighborhood of Arbor Walk in Heritage District, Gilbert.
What is the average sales price for listings in 159 West Commerce Court?
The average sales price for units in 159 West Commerce Court is $0 currently.

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