16838 E Fairview Lane, M & N, Gilbert, AZ 85295
$1,499,999
Property Type:
Land and Lots
Lot Size (sq. ft.):
108,900
Status:
Closed
Current Price:
$1,495,000
List Date:
4/29/2023
Last Modified:
7/25/2023
Description
Incredible opportunity to own 2.5 acres of prime R43 real estate in the heart of Gilbert with NO HOA. This acquisition includes two fully platted lots ready for construction. Perfect to build your dream estate in a rural setting with privacy or build your dream home on one lot and hold the other lot for investment and appreciation. Each irrigated lot is 1.25 acres with mature trees and vegetation. West lot includes an existing 1400 sf five-stall masonry barn, pool and masonry fence around the pool area. Seller is affiliated with a high end custom builder that has existing plans to begin building asap. This acreage is unique and is a must see!
More Information MLS# 6550525
Contract Information
Current Price: $1,495,000
Sold Price: $1,495,000
Status: Closed
List Date: 2023-04-29
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: T41
House Number: 16838
Compass: E
Street Name: Fairview
St Suffix: Lane
Lot #: M & N
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
Zip4: 2101
Country: USA
County Code: Maricopa
Assessor's Map #: 47
Assessor's Parcel #: 13
Assessor Parcel Ltr: M
Add'l Parcels: Yes
Assessor Number: 304-47-013-M
Legal Description (Abbrev): E 116F OF W2 E2 S2 N2 SE4 SE4 SEC 34
Subdivision: Custom Neighborhood
Census Tract: 815500
Tax Municipality: Maricopa - COUNTY
Taxes: 1759
Tax Year: 2022
General Property Description
Apx Total Acres: 2.5
Apx Total Acres G/N: G
Price Per Acre: 599999.6
# Lots in Listing: 2
# Units Allowed: 2
Apx SqFt: 108900
Price Per SqFt: 13.77
Apx SqFt G/N: G
Lot Size Dimensions: 165 X 329 X 2 lots
Irrigation District: RWCD
Horses: Y
Street Frontage: 165
Zoning: R43
Flood Zone: No
Elementary School: Chaparral Elementary School - Gilbert
Jr. High School: Cooley Middle School
High School: Williams Field High School
Elementary School District: Higley Unified District
High School District: Higley Unified District
Remarks & Misc
Cross Street: Pecos & Higley
Directions: From Pecos and Higley proceed north on Higley approximately one block to Fairview Ln. West on Fairview Ln to property on north side of street. Fairview Ln is a privately owned road.
Geo Lat: 33.294688
Geo Lon: -111.722597
Status Change Info
Status Change Date: 2023-07-25
Off Market Date: 2023-07-25
Under Contract Date: 2023-06-20
Close of Escrow Date: 2023-07-24
Sold Price: $1,495,000
Legal Info
Township: 1S
Range: 6E
Section: 34
Lot Number: M & N
Pmt & Rate Info
Equity: 1499999
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Parcel Size: 2.50 - 4.99 Acres
Land Features: North/South Exp
Roads/Streets: Private Street
Road Responsibility: Road Maintenance Agreement
Existing Structures: Barn(s); Other
Water: City Franchise; Irr Ditch(es)-Lined; Irrigation Pipe
Sewer: Septic Tank
Electric: SRP
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: None
New Financing: Conventional
Use Restrictions: Deed Restrictions; Existing Easement
Reports/Disclosures: Boundary Survey Avlb
Environmental: None
Horse Features: Barn; Tack Room
Lockbox Type: None
Fencing: Block; Other
Listing Office: HomeSmart
Last Updated: July - 25 - 2023
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