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Gilbert 85295 Allen Ranch
92 E FRANCES Lane
Photo of 92 E FRANCES Lane
Sold on Nov 29, 2021

45

Map

Photo of 92 E FRANCES Lane
Photo of 92 E FRANCES Lane
$685,000
● House - Off Market

92 E FRANCES Lane

Gilbert, AZ 85295
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,389 Ft²
$710,355
RealtyHop Estimate
6.82%
Since Dec 1, 2021
AZ-Phoenix
Primary Model

About This Property

Come and see this STUNNING single story beauty loaded with UPGRADES! Located in the highly sought after GILBERT neighborhood of Allen Ranch, this home is located on a prime CORNER LOT with North/South exposure. Wonderful split floor plan with 4 Beds, 2 Baths, Office lounge, and OPEN CONCEPT layout. Home features granite countertops, UPDATED walk in master SPA SHOWER. Stunning wall of extra large SLIDING GLASS DOORS in great room looking out at backyard paradise! Unwind under the stars as you listen to the soothing POOL feature, while the kiddos go down the slide! No expense was spared here! Close to shopping, restaurants, hiking and biking trails. This one won't last long! COME SEE TODAY!
Unit Size
2,389 Ft²
Days on Market
39 days
Land Size
0.23 acres
Price per sqft
$278
Property Type
House
Property Taxes
$228
HOA Dues
$106
Year Built
2000

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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: 2 months ago (ARMLS #6309985)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Keller Williams Integrity First Realty $665,000
Listed by Keller Williams Integrity First Realty
Dec 7, 2020 Sold
Premium
Sold
Oct 30, 2020 Listed by Keller Williams Integrity First Realty $553,000
Listed by Keller Williams Integrity First Realty
Jun 12, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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: 100
  • 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
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 10,187
  • Total Building Area: 2,389
  • Gross Building Area: 2,389
  • Building Area: 2,389
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,389
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLEN RANCH PARCELS 1 2 3 & 4
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: ALLEN RANCH PARCELS 1 2 3 & 4 MCR 506-16

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 815300

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 50616
  • Parcel: 304-44-525
  • Lot: 238
  • Meridian: SEC 31 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.2928
  • Longitude: -111.788

    Address

  • Full Address: 92 E Frances Ln
  • Address - House Number: 92
  • Street Direction: E
  • Address - Street Name: Frances
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R098
  • 4-Digit Zip Code: 1972
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $320,916
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 719,887
  • High Value: 813,487
  • Low Value: 626,288

    Market Valuation

  • Market Total Value: $493,600
  • Market Land Value: $98,700
  • Market Improvement Value: $394,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,360
  • Assessed Land Value: $9,870
  • Assessed Improvements Value: $39,490

    Sales

  • Current Sale Contract Date: Oct 16, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20211253639
  • Previous Sale Recording Date: Dec 07, 2020
  • Previous Sale Contract Date: Dec 03, 2020
  • Previous Sale Amount: $553,000
  • 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 Allen Ranch

Stats & Trends

Median Asking:

$830,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

60

Average Home Size

3018 ft²

Average Home Age

24 years

Currently For Sale

6 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 1933 E Tyson Place, Chandler, AZ, 85225

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,438 ft²
1933 E Tyson Place, Chandler, AZ, 85225 Listing by Nicole Khalili
Unit for rent at 941 E Lowell Avenue, Gilbert, AZ, 85295

$4,500 /mo

  • 5 Beds
  • 4 Baths
  • 3,771 ft²
941 E Lowell Avenue, Gilbert, AZ, 85295 Listing by Ryan Christensen
Unit for rent at 955 E Euclid Avenue, Gilbert, AZ, 85297

$2,875 /mo

  • 5 Beds
  • 3 Baths
  • 2,566 ft²
955 E Euclid Avenue, Gilbert, AZ, 85297 Listing by Peg E Bauer

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Heather Openshaw, Keller Williams Integrity First Realty
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6309985
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 92 East Frances Lane built and last sold?
The property at 92 East Frances Lane was built in 2000 and last sold on Oct 16, 2021 for $685,000.
How much is this home worth?
The estimated value of the home located at 92 East Frances Lane is $667,491.
What are some comparable homes to 92 East Frances Lane?
There are currently no comparable homes to 92 East Frances Lane.
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