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Gilbert 85233 North Shore
43 N HOBSON Street
Photo of 43 N HOBSON Street
Sold on Mar 28, 2019

51

Map

Photo of 43 N HOBSON Street
Photo of 43 N HOBSON Street
$389,000
● House - Off Market

43 N HOBSON Street

Gilbert, AZ 85233
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,089 Ft²
$662,173
RealtyHop Estimate
70.22%
Since Apr 1, 2019
AZ-Phoenix
Primary Model

About This Property

Incredible 5 bed/4 bath property located in North Shore Community!! Featuring wooden floor in the formal living & dining room, neutral paint through, den great for an office, spacious family room, lots of natural light, and an upstairs bonus room with laminate floor & wine bar. The beautiful kitchen has granite countertops, center island, matching appliances, pantry, and plenty of cabinets. Large master suite is roomy enough for a sitting area and includes full bath, separate tub, step-in shower, dual sinks, and walk-in closet. Gorgeous backyard boast a sparkling blue pool with boulder waterfall, grassy area, and covered patio perfect for a relaxing afternoon. Close to freeway, park, and downtown Gilbert. So much to like!
Unit Size
3,089 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$126
Property Type
House
Property Taxes
$196
HOA Dues
$400
Year Built
1997

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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: 4 months ago (ARMLS #5851393)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Nov 28, 2018 Listed by RE/MAX Solutions $389,000
Listed by RE/MAX Solutions
Aug 14, 2018 No longer available -
No longer available
May 29, 2018 Listed by RE/MAX Solutions $424,900
Listed by RE/MAX Solutions
Jun 16, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • 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: 6,355
  • Total Building Area: 3,089
  • Gross Building Area: 3,089
  • Building Area: 3,089
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 3,089
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGES AT NORTH SHORE
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: VILLAGES AT NORTH SHORE MCR 380-35

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 422309

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 38035
  • Parcel: 302-21-595
  • Lot: 16
  • Meridian: SEC 11 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3507
  • Longitude: -111.819

    Address

  • Full Address: 43 N Hobson St
  • Address - House Number: 43
  • Street Direction: N
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R067
  • 4-Digit Zip Code: 5132
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $261,402
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 687,596
  • High Value: 786,673
  • Low Value: 588,518

    Market Valuation

  • Market Total Value: $478,200
  • Market Land Value: $95,600
  • Market Improvement Value: $382,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,820
  • Assessed Land Value: $9,560
  • Assessed Improvements Value: $38,260

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190214853
  • Previous Sale Recording Date: Jun 16, 2011
  • Previous Sale Contract Date: Apr 26, 2010
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: 71
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 North Shore

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$292

Below Asking

0.03%

Average Days on Market

88

Average Home Size

2525 ft²

Average Home Age

25 years

Currently For Sale

4 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 42 W Hancock Avenue, Gilbert, AZ, 85233

$2,249 /mo

  • 3 Beds
  • 3 Baths
  • 1,707 ft²
42 W Hancock Avenue, Gilbert, AZ, 85233 Listing by Noelle Minissale
Unit for rent at 240 W Juniper Avenue, Gilbert, AZ, 85233

$2,100 /mo

  • 2 Beds
  • 3 Baths
  • 1,138 ft²
240 W Juniper Avenue #1047, Gilbert, AZ, 85233 Listing by Carla Holzer

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Adam Prather, RE/MAX Solutions
Last Updated: 4 months ago
Data Source: ARMLS, MLS# 5851393
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 43 North Hobson Street built and last sold?
The property at 43 North Hobson Street was built in 1997 and last sold on Mar 1, 2019 for $389,000.
How much is this home worth?
The estimated value of the home located at 43 North Hobson Street is $393,364.
What are some comparable homes to 43 North Hobson Street?
There are currently no comparable homes to 43 North Hobson Street.
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