3374 E HOUSTON Avenue -, Gilbert, AZ 85234 (MLS# 6623046)

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

Overview

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.

Listing Details MLS# 6623046

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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
Horses
Y
Zoning
SF10
Flood Zone
No
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
Lot Size Dimensions
No

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

Status Change Info

Off Market Date
2024-08-29
Under Contract Date
2024-08-29
Close of Escrow Date
2024-09-27

Legal Info

Township
1S
Range
6E
Section
2
Lot Number
-

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

Sold Info

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

Special Listing Cond

N/A
Yes

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

Lockbox Type

See Private Remarks
Yes

Existing Land Use

Residential Lot
Yes
Residential Acreage
Yes
Other (See Rmks)
Yes

Zoned Presently

Single Family
Yes
Other (See Rmks)
Yes

Potential Use

Single Family
Yes
P.A.D.
Yes

Parcel Size

2.50 - 4.99 Acres
Yes

Current Density

Other (See Rmks)
Yes

Proposed Density

Other (See Rmks)
Yes

Development Status

On Site Imp Needed
Yes
Prelim Eng Needed
Yes
See Remarks
Yes

Land Features

Gated Community
Yes
East/West Exposure
Yes
See Remarks
Yes

Vegetation

Treed
Yes
Orchrd/Grve/Vineyrd
Yes

Land Configuration

Irregular Shape
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

Other (See Rmks)
Yes

Fencing

Block
Yes
Chain Link
Yes

Water Source

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

Sewer

Septic Tank
Yes

Electric

SRP
Yes

Gas

None
Yes

Existing Structures

Shed(s)
Yes
Residence
Yes

Distance to Cable

None
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
1031 Exchange
Yes

Distance to Phone

On Property
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

None
Yes

Distance to Sewer

Under 350 Feet
Yes

Horse Features

See Remarks
Yes

Reports/Disclosures

Water Well Report
Yes
Well Disclosure
Yes

Environmental

None
Yes

Seller May Carry (SMC) Payment

Other (See Rmks)
Yes

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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