36 E VAUGHN Avenue, Gilbert, AZ 85234
$10,540,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $10,540,000 Last Modified: 2/17/2023
Description
42 spacious 3 bedroom/2 bathroom units located in the heart of Downtown Gilbert. Walking distance from local restaurants, unique shops, scenic parks, and cultural attractions, The Tides at Downtown Gilbert is rooted in a pedestrian-friendly area within the vibrant community of Gilbert's Heritage District, offering an urban, downtown experience. Built in 2005 it features a newly remodeled design with electric stainless-steel appliances, modern white cabinetry, vinyl flooring, quartz countertops, tile back-splash, and LED lighted ceiling fans. The property provides covered parking and a community-style lush grass courtyard with beautiful brand new pool, covered community seating, and two gas grills. Each unit is individually metered for electricity, HVAC, and water with laundry in-suite.
More Information MLS# 5908058
Contract Info
Ownership: Fee Simple Current Price: $10,540,000 Sold Price: $10,540,000 Status: Closed List Date: 2019-04-07
Location, Tax & Legal
Assessor's Map #: 11 Legal Description (Abbrev): TRACT CE VAUGHN MANOR CONDOMINIUM AMD MCR 076126 Assessor's Parcel #: 377 Add'l Parcels: No Tax Municipality: Gilbert Census Tract: 422402 Taxes: 26319 Legal: TRACT CE VAUGHN MANOR CONDOMINIUM AMD MCR 076126 Marketing Name: THE TIDES Map Code/Grid: S40 House Number: 36 Compass: E Street Name: VAUGHN St Suffix: Avenue City/Town Code: Gilbert State/Province: AZ Zip Code: 85234 Zip4: 5755 County Code: Maricopa Subdivision: VAUGHN MANOR CONDOMINIUM AMD Assessor Number: 304-11-377 Tax Year: 2018
General Property Description
# of Buildings: 10 Uncvrd Parking Spcs: 42 Lot Size Dimensions: 2.269 acres / 98,823 sqft Total # of Units: 42 Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Gilbert Elementary School Jr. High School: Gilbert Junior High School High School: Gilbert Junior High School Year Built: 2005 Zoning: MF/L
Legal Info
Range: 6E Section: 7 Township: 1S
Project Type
25 - 50 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1 Stucco: 1 Siding: 1
Roofing
Tile: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1 Pool Equipment: 1
Income & Expenses
Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: Yes Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 26319 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0 Equity: 11298000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0
Community Features
Pool: 1 Barbecue: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Landscape Water System: 1 Green Landscaping: 1 Fenced: 1
Interior Features
Partially Furnished: 1
Tenant Pays
Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1
Appliances Included
Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1 1 Space/Unit: 1 Add'l Parking Avail: 1 Assigned: 1
Electric
APS: 1
Gas
City Gas: 1
Owner Pays
Landscaping: 1 Pool Maintenance: 1
New Financing
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 42 Avg Rent: 1576 Avg SqFt: 1147 # Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional Closing Cost Split: Seller Paid - S Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Cross Street: N Gilbert Rd & E Guadalupe Rd Directions: Head south on N Gilbert Rd, Turn left onto E Vaughn Ave, Turn left. Property will be on the right. Geo Lat: 33.356727 Geo Lon: -111.787517
Status Change Info
Off Market Date: 2019-06-10 Under Contract Date: 2019-06-10 Close of Escrow Date: 2019-08-31 Sold Price: $10,540,000
Property Features
Project Type: 25 - 50 Units Construction: Wood Frame Const - Finish: Painted; Stucco; Siding Roofing: Tile Floors: Vinyl Sale Includes: Land & Building; Pool Equipment Community Features: Pool; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Fenced Interior Features: Partially Furnished Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: City Gas Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Assigned Road Surface Type: Asphalt Owner Pays: Landscaping; Pool Maintenance Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
Documents
Marketing Flyer › Listing Office: ABI Multifamily
Last Updated: February - 17 - 2023
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