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731 South Martinique Drive

731 South Martinique Drive, Gilbert, AZ 85233
Property in The Islands
Sold May 26, 2023
$400,000
$200,000 by Cmg Mortgage, Inc.
Mortgage Due Jun 01, 2053
Sold Jan 21, 2011
$110,000
Local assessors in Gilbert, AZ have categorized 731 South Martinique Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 5,924 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 731 South Martinique Drive has a total of 1,192 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 731 South Martinique Drive sold most recently in May 26, 2023 for a total of $400,000. If you work out the math, that's approximately a cost of $335.57 per sqft. Before that, the property was also sold for $110,000 in Jan 4, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,259 in taxes each year. 731 South Martinique Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,500. If we break it down further, the land itself was valued at $5,900. Improvements to the property, however, were assessed at a total of $23,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COSTAIN AT THE ISLANDS REPLAT LOT 1-104
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COSTAIN AT THE ISLANDS REPLAT LOT 1-104 TR A-E MCR 291-40

Ownership

  • Current Owner : RAPOPORT SANDRA L
  • Previous Owner : PICKEREL LAURIE K
  • Previous Owner 2: PICKEREL MARK E
  • Owner Before Previous Owner: KINNALLY EDWARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 29140
  • Parcel: 302-30-862
  • Lot: 25
  • Meridian: SEC 14 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.337
  • Longitude: -111.81

    Address

  • Full Address: 731 S Martinique Dr
  • Address - House Number: 731
  • Street Direction: S
  • Address - Street Name: Martinique
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R099
  • 4-Digit Zip Code: 7109
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,259
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 427,278
  • High Value: 489,624
  • Low Value: 364,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: May 26, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $295,000
  • Market Land Value: $59,000
  • Market Improvement Value: $236,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,500
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $23,600

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Transaction ID: 11907156058
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 275009
  • Previous Sale Recording Date: Jan 21, 2011
  • Previous Sale Contract Date: Jan 04, 2011
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE, INC.
  • First Mortgage Transaction Date: May 26, 2023
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About The Islands



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Frequently Asked Questions

What neighborhood is 731 South Martinique Drive located in?
The 731 South Martinique Drive is a located in the neighborhood of The Islands in The Islands, Gilbert.
What is the average sales price for listings in 731 South Martinique Drive?
The average sales price for units in 731 South Martinique Drive is $0 currently.

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