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Gilbert 85233 The Islands
352 S Laguna Drive
Photo of 352 S Laguna Drive
Sold on Sep 27, 2012

22

Map

Photo of 352 S Laguna Drive
Photo of 352 S Laguna Drive
$330,000
● House - Off Market

352 S Laguna Drive

Gilbert, AZ 85233
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,755 Ft²
$858,896
RealtyHop Estimate
163.87%
Since Oct 1, 2012
AZ-Phoenix
Primary Model

About This Property

***VERBALLY SS APPROVED AT THIS PRICE!*** Don't miss out on this opportunity! Large square footage, 5 BR + HUGE Bonus Room, 3 full baths and Pool! Formal Living / Dining combo as you enter; perfect for the Holidays! Tile in all the right places, Entertainer's Kitchen with granite counters & Island to gather around! Oversized Family Room to watch the big screen in along with an extension for your favorite game! 2 bedrooms downstairs along with a full bathroom; great for guest & even the mother-in-law! Upstairs, we have the Master Suite overlooking the pool, custom style walk in closet, 2 more bedrooms & a HUGE Bonus Room waiting for a Theater, Play Room or a Casino! Outside, you can relax on the full length covered patio & dive into your refreshing pool!
Unit Size
3,755 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$87
Property Type
House
Property Taxes
$188
HOA Dues
$125
Year Built
1996

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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: 6 months ago (ARMLS #4717564)

Price History

Date / Event Date Event Price
Sep 27, 2012 Sold
Premium
Sold
Feb 17, 2012 Listed by Curtis Johnson Realty $325,500
Listed by Curtis Johnson Realty
Sep 4, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,311
  • Total Building Area: 3,755
  • Gross Building Area: 3,755
  • Building Area: 3,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 3,755
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADERA PARC ESTATES
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: MADERA PARC ESTATES MCR 362-37

Neighborhood

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

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 36237
  • Parcel: 310-04-075
  • Lot: 75
  • Meridian: SEC 14 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3432
  • Longitude: -111.811

    Address

  • Full Address: 352 S Laguna Dr
  • Address - House Number: 352
  • Street Direction: S
  • Address - Street Name: Laguna
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R034
  • 4-Digit Zip Code: 6228
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $380,152
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 806,313
  • High Value: 909,772
  • Low Value: 702,854

    Market Valuation

  • Market Total Value: $550,300
  • Market Land Value: $110,000
  • Market Improvement Value: $440,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,030
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $44,030

    Sales

  • Current Sale Contract Date: Sep 21, 2012
  • Current Sale Recording Date: Sep 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 2012-0875027
  • Previous Sale Recording Date: Sep 04, 2008
  • Previous Sale Contract Date: Sep 01, 2008
  • Previous Sale Amount: $277,058
  • Previous Sale Document Type: 21
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 The Islands

Stats & Trends

Median Asking:

$587,450

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

96

Average Home Size

2201 ft²

Average Home Age

33.5 years

Currently For Sale

32 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 510 E Kent Avenue, Chandler, AZ, 85225

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,422 ft²
510 E Kent Avenue, Chandler, AZ, 85225 Listing by Keli Lucas
Unit for rent at 1321 W Shellfish Drive, Gilbert, AZ, 85233

$10,000 /mo

  • 5 Beds
  • 4 Baths
  • 4,032 ft²
1321 W Shellfish Drive, Gilbert, AZ, 85233 Listing by Hannah Proffitt
Unit for rent at 1053 W Bruce Avenue, Gilbert, AZ, 85233

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,324 ft²
1053 W Bruce Avenue, Gilbert, AZ, 85233 Listing by April Rose

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Curtis Johnson, Curtis Johnson Realty
Last Updated: 6 months ago
Data Source: ARMLS, MLS# 4717564
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 352 South Laguna Drive built and last sold?
The property at 352 South Laguna Drive was built in 1996 and last sold on Sep 21, 2012 for $330,000.
How much is this home worth?
The estimated value of the home located at 352 South Laguna Drive is $329,185.
What are some comparable homes to 352 South Laguna Drive?
There are currently no comparable homes to 352 South Laguna Drive.
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