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Gilbert 85233 Dave Brown Lamoreaux Farms
271 W BETSY Lane
Photo of 271 W BETSY Lane
Sold on Oct 3, 2024

40

Map

Photo of 271 W BETSY Lane
Photo of 271 W BETSY Lane
$599,000
● House - Off Market

271 W BETSY Lane

Gilbert, AZ 85233
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,104 Ft²
$3,351
Est. Monthly
$235
HOA / Fees

About This Property

Welcome to this this beautifully remodeled 4-bedroom, 3-bathroom home which offers the perfect blend of elegance and comfort.

Step inside to marble tile flooring that graces the entry, living room, and kitchen, with laminate flooring throughout the rest of the house. The kitchen features new cabinets and granite countertops, perfect for culinary enthusiasts. The bathrooms boast remodeled vanities and showers, adding a touch of luxury to your daily routine.

Enjoy the Arizona sunshine in your private PebbleTec pool, surrounded by a lush landscape that includes various citrus trees including orange, tangelo, lemon, lime, guava, grapefruit, pomegranate and a unique curry leaf tree. The home also features a recently replaced AC unit, ensuring year-round comfort. Additional highlights include an extended 2-car garage, perfect for extra storage or a workshop. While the original roof adds character to this charming home, every other detail has been thoughtfully updated. Don't miss the opportunity to own this gem in the heart of Gilbert.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$285
Property Type
House
Property Taxes
$175
HOA Dues
$235
Year Built
1998

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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: 30 days ago (ARMLS #6739562)

Price History

Date / Event Date Event Price
Oct 3, 2024 Sold
Premium
Sold
Aug 3, 2024 Listed by Perk Prop Real Estate LLC $599,000
Listed by Perk Prop Real Estate LLC
Oct 30, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 7,606
  • Total Building Area: 2,104
  • Gross Building Area: 2,104
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVE BROWN LAMOREAUX FARMS
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: DAVE BROWN LAMOREAUX FARMS MCR 447-04

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 814300

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 44704
  • Parcel: 302-36-451
  • Block: DAVE
  • Lot: 123
  • Meridian: SEC 24 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3228
  • Longitude: -111.796

    Address

  • Full Address: 271 W Betsy Ln
  • Address - House Number: 271
  • Street Direction: W
  • Address - Street Name: Betsy
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R066
  • 4-Digit Zip Code: 8512
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $209,516
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 585,460
  • High Value: 664,694
  • Low Value: 506,227

    Market Valuation

  • Market Total Value: $414,500
  • Market Land Value: $82,900
  • Market Improvement Value: $331,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,450
  • Assessed Land Value: $8,290
  • Assessed Improvements Value: $33,160

    Sales

  • Current Sale Contract Date: Jul 07, 1998
  • Current Sale Recording Date: Oct 30, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 98-0977702
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 Dave Brown Lamoreaux Farms

Stats & Trends

Median Asking:

$470,000

Sale Price/ft²

$314

Above Asking

0.00%

Average Days on Market

77

Average Home Size

2525 ft²

Average Home Age

27.5 years

Currently For Sale

2 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 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 936 E Flint Street, Chandler, AZ, 85225

$2,199 /mo

  • 4 Beds
  • 2 Baths
  • 1,532 ft²
936 E Flint Street, Chandler, AZ, 85225 Listing by Jennie Miller
Unit for rent at 949 E Flint Street, Chandler, AZ, 85225

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,432 ft²
949 E Flint Street #1, Chandler, AZ, 85225 Listing by Dominic Arnold

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Chantel Gutierrez-Davis, Perk Prop Real Estate LLC
Last Updated: 30 days ago
Data Source: ARMLS, MLS# 6739562
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 271 West Betsy Lane built and last sold?
The property at 271 West Betsy Lane was built in 1998 and last sold on Jul 7, 1998 for $162,972.
How much is this home worth?
The estimated value of the home located at 271 West Betsy Lane is $604,707.
What are some comparable homes to 271 West Betsy Lane?
There are currently no comparable homes to 271 West Betsy Lane.
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