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Gilbert 85234 Stonebridge Lakes Manor
226 E STONEBRIDGE Drive
Photo of 226 E STONEBRIDGE Drive
Sold on Dec 17, 2021

24

Map

Photo of 226 E STONEBRIDGE Drive
Photo of 226 E STONEBRIDGE Drive
$515,000
● House - Off Market

226 E STONEBRIDGE Drive

Gilbert, AZ 85234
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,707 Ft²
$509,418
RealtyHop Estimate
5.03%
Since Jan 1, 2022
AZ-Phoenix
Primary Model

About This Property

This gorgeous, one-of-a-kind lakehouse in Downtown Gilbert is a must-see!  Less than a quarter mile from downtown Gilbert's favorite restaurants and attractions. Brand new appliances, designer quartz countertops in kitchen and both bathrooms, new luxury plank flooring throughout with brand new carpet in all bedrooms.  Fresh paint inside and out, beautiful grass backyard with large paver area designed for a firepit so you can enjoy these beautiful AZ nights by the fire next to the lake in your very own backyard!
Unit Size
1,707 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$284
Property Type
House
Property Taxes
$193
HOA Dues
$890
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #6320841)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Nov 12, 2021 Listed by Home Key Realty $485,000
Listed by Home Key Realty
Jul 3, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 6,321
  • Total Building Area: 1,707
  • Gross Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEBRIDGE LAKES MANOR LOT 1-123 TR A-F
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: STONEBRIDGE LAKES MANOR LOT 1-123 TR A-F MCR 308-44

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422402

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 30844
  • Parcel: 304-97-105
  • Lot: 49
  • Meridian: SEC 7 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3559
  • Longitude: -111.785

    Address

  • Full Address: 226 E Stonebridge Dr
  • Address - House Number: 226
  • Street Direction: E
  • Address - Street Name: Stonebridge
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: C008
  • 4-Digit Zip Code: 5783
  • Zip Code: 85234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,180
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 526,756
  • High Value: 631,825
  • Low Value: 421,687

    Market Valuation

  • Market Total Value: $402,700
  • Market Land Value: $80,500
  • Market Improvement Value: $322,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,270
  • Assessed Land Value: $8,050
  • Assessed Improvements Value: $32,220

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20211336671
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 26, 2018
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Stonebridge Lakes Manor

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1636 ft²

Average Home Age

35 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1218 E Seahorse Lane, Gilbert, AZ, 85234

$9,995 /mo

  • 3 Beds
  • 4 Baths
  • 1,813 ft²
1218 E Seahorse Lane, Gilbert, AZ, 85234 Listing by Daniel Rosenbaum
Unit for rent at 926 W San Mateo --, Gilbert, AZ, 85233

$5,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,667 ft²
926 W San Mateo --, Gilbert, AZ, 85233 Listing by Judith Crane
Unit for rent at 2601 E Hopi Avenue, Mesa, AZ, 85204

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,343 ft²
2601 E Hopi Avenue, Mesa, AZ, 85204 Listing by Anthony Trujillo

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Anthony E Tillman Jr, Home Key Realty
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6320841
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 226 East Stonebridge Drive built and last sold?
The property at 226 East Stonebridge Drive was built in 1992 and last sold on Dec 10, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 226 East Stonebridge Drive is $495,535.
What are some comparable homes to 226 East Stonebridge Drive?
There are currently no comparable homes to 226 East Stonebridge Drive.
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