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

Last Updated: September - 30 - 2024
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