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Gilbert 85233 Park Place Village Condominiums
762 N Laguna Drive
Photo of 762 N Laguna Drive
Sold on Sep 26, 2024

26

Map

Photo of 762 N Laguna Drive
Photo of 762 N Laguna Drive
$360,000
● House - Off Market

762 N Laguna Drive

Gilbert, AZ 85233
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,014 Ft²
$2,022
Est. Monthly
$175
HOA / Fees

About This Property

Welcome to your home nestled in the Park Place Village community! Unbeatable location is just minutes from all that Downtown Gilbert has to offer. Brand new paint and carpet!  The property features 3 bedrooms, 2 full bathrooms with en-suite on the main floor. 2 car garage! Community amenities include pool, playground and basketball court!  A must see, this home will not last long!
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$354
Property Type
House
Property Taxes
$84
HOA Dues
$175
Year Built
2004

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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: 5 months ago (ARMLS #6731168)

Price History

Date / Event Date Event Price
Sep 26, 2024 Sold
Premium
Sold
Jul 14, 2024 Listed by Delex Realty $359,000
Listed by Delex Realty
Nov 20, 2017 Sold
Premium
Sold
Jul 11, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 2
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 751
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK PLACE VILLAGE CONDOMINIUM
  • Land Acres: 0000000017
  • Standard Land Use Code: 1004
  • County Land Use Code: 0735
  • State Land Use Code: 0735
  • Legal Description 1: PARK PLACE VILLAGE CONDOMINIUM MCR 624-03

Neighborhood

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

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 62403
  • Parcel: 310-08-652
  • Lot: 1107
  • Meridian: SEC 11 TWN 1S RNG 5E
  • Municipality: GILBERT
  • Latitude: 33.3636
  • Longitude: -111.811

    Address

  • Full Address: 762 N Laguna Dr
  • Legal Unit: 1107
  • Address - House Number: 762
  • Street Direction: N
  • Address - Street Name: Laguna
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R090
  • 4-Digit Zip Code: 3621
  • Zip Code: 85233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $100,880
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1378
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 343,663
  • High Value: 391,053
  • Low Value: 296,273

    Market Valuation

  • Market Total Value: $243,100
  • Market Land Value: $48,600
  • Market Improvement Value: $194,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,310
  • Assessed Land Value: $4,860
  • Assessed Improvements Value: $19,450

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-0862282
  • Previous Sale Recording Date: Jul 11, 2013
  • Previous Sale Contract Date: Jul 03, 2013
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 15
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 Park Place Village Condominiums

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$241

Below Asking

0.04%

Average Days on Market

94

Average Home Size

1324 ft²

Average Home Age

22.5 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 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
Unit for rent at 306 E Houston Avenue, Gilbert, AZ, 85234

$2,395 /mo

  • 4 Beds
  • 2 Baths
  • 1,634 ft²
306 E Houston Avenue, Gilbert, AZ, 85234 Listing by Richard Trujillo
Unit for rent at 240 W Juniper Avenue, Gilbert, AZ, 85233

$1,895 /mo

  • 2 Beds
  • 3 Baths
  • 1,105 ft²
240 W Juniper Avenue #1027, Gilbert, AZ, 85233 Listing by Richard Trujillo

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Kamberly Stoltz, Delex Realty
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6731168
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 762 North Laguna Drive built and last sold?
The property at 762 North Laguna Drive was built in 2004 and last sold on Nov 17, 2017 for $176,500.
How much is this home worth?
The estimated value of the home located at 762 North Laguna Drive is $357,428.
What are some comparable homes to 762 North Laguna Drive?
There are currently no comparable homes to 762 North Laguna Drive.
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