3374 E HOUSTON Avenue -, Gilbert, AZ 85234

$2,700,000
Property Type: Land Lot Size (sq. ft.): 212,283 Status: Closed
Current Price: $2,700,000 List Date: 11/01/2023 Last Modified: 9/30/2024

Description

OPPORTUNITY KNOCKS!!! CREATE YOUR OWN FAMILY COMPOUND!!! This Developer Dream Project (just under) 5-Acre, Gilbert, AZ property is PRICE REDUCED!!! The majority of this irrigated land is covered with 152 (mostly) Citrus Trees, with a 4552sf Custom Built Home (with Basement) included in the asking price. The REAL opportunity presents itself in the Current Zoning SF10, allowing a minimum of 10,000sf HORSE PROPERTY lots to be developed on the property. LOCATION! LOCATION! LOCATION! Just minutes to 2 freeways (East US60 & Loop 202) and walking distance to Shopping, Restaurants, & Services + Gilbert Gateway Hospital, AND the amazing Carol Rae Elementary School, and so much more! NO HOA!! Check out the beautiful aerial photos.

More Information MLS# 6623046

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $2,700,000 Sold Price: $2,700,000 Status: Closed List Date: 2023-10-02

Location, Tax & Legal

Lot #: - Assessor's Map #: 7 Legal Description (Abbrev): PT SW4 NW4 SEC 2 DAF COM SW COR NW4 SD SEC 2 TH E 33F TH N 20F TH E 1001.142F TO TPOB TH N 01D 34M 5 Assessor's Parcel #: 11 Assessor Parcel Ltr: F Add'l Parcels: No Tax Municipality: Gilbert Census Tract: 422621 Taxes: 6584 House Number: 3374 Compass: E Street Name: HOUSTON St Suffix: Avenue City/Town Code: Gilbert State/Province: AZ Zip Code: 85234 Zip4: 2180 County Code: Maricopa Assessor Number: 304-07-011-F Subdivision: Metes and Bounds - No Subdiv Tax Year: 2023

General Property Description

Apx Total Acres: 4.87 Apx Total Acres G/N: N Price Per Acre: 738193.02 Apx SqFt: 212283 Price Per SqFt: 16.93 Apx SqFt G/N: N Lot Size Dimensions: 0 Flood Zone: No Horses: Y Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Carol Rae Ranch Elementary Jr. High School: Highland Jr High School High School: Highland High School Zoning: SF10

Legal Info

Range: 6E Section: 2 Township: 1S Lot Number: -

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3595000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Existing Land Use

Residential Lot: 1 Residential Acreage: 1 Other (See Rmks): 1

Zoned Presently

Single Family: 1 Other (See Rmks): 1

Potential Use

Single Family: 1 P.A.D.: 1

Parcel Size

2.50 - 4.99 Acres: 1

Current Density

Other (See Rmks): 1

Proposed Density

Other (See Rmks): 1

Development Status

On Site Imp Needed: 1 Prelim Eng Needed: 1 See Remarks: 1

Land Features

Gated Community: 1 East/West Exposure: 1 See Remarks: 1

Vegetation

Treed: 1 Orchrd/Grve/Vineyrd: 1

Land Configuration

Irregular Shape: 1

Road Responsibility

City Maintained Road: 1

Traffic Count

Other (See Rmks): 1

Fencing

Block: 1 Chain Link: 1

Water Source

Domestic Well: 1 Water Rights Grandfathered: 1 Irrigation Ditch(es) -- Lined: 1

Sewer

Septic Tank: 1

Electric

SRP: 1

Gas

None: 1

Existing Structures

Shed(s): 1 Residence: 1

Distance to Cable

None: 1

New Financing

Cash: 1 Conventional: 1 Owner May Carry: 1 1031 Exchange: 1

Distance to Phone

On Property: 1

Distance to Water

Under 350 Feet: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

Under 350 Feet: 1

Distance to Gas

None: 1

Distance to Sewer

Under 350 Feet: 1

Horse Features

See Remarks: 1

Reports/Disclosures

Water Well Report: 1 Well Disclosure: 1

Environmental

None: 1

Seller May Carry (SMC) Payment

Other (See Rmks): 1

Sold Info

Loan Type: Carryback Loan Years: 12 Closing Cost Split: Normal - N Payment Type: Balloon Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 43000 Seller Concession $/%: $

Remarks Misc

Cross Street: Houston & Higley Rd. Directions: From the US60 & Higley Rd. drive South past Baseline Rd. 1/4 mile to E. Houston Ave. Turn East 1 block to the E. side of Bella Vista Subdivision - to the driveway @the JK Realty Sign, North side Geo Lat: 33.373356 Geo Lon: -111.718221

Status Change Info

Off Market Date: 2024-08-29 Under Contract Date: 2024-08-29 Close of Escrow Date: 2024-09-27 Sold Price: $2,700,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Residential Acreage; Other (See Rmks) Zoned Presently: Single Family; Other (See Rmks) Potential Use: Single Family; P.A.D. Parcel Size: 2.50 - 4.99 Acres Current Density: Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: On Site Imp Needed; Prelim Eng Needed; See Remarks Land Features: Gated Community; East/West Exposure; See Remarks Vegetation: Treed; Orchrd/Grve/Vineyrd Land Configuration: Irregular Shape Road Responsibility: City Maintained Road Traffic Count: Other (See Rmks) Existing Structures: Shed(s); Residence Water Source: Domestic Well; Water Rights Grandfathered; Irrigation Ditch(es) -- Lined Sewer: Septic Tank Electric: SRP Gas: None Distance to Cable: None Distance to Phone: On Property Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: None Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange Seller May Carry (SMC) Payment: Other (See Rmks) Environmental: None Horse Features: See Remarks Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks Fencing: Block; Chain Link
Listing Office: JK Realty
IDX
Last Updated: September - 30 - 2024
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