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
Current Price: $10,540,000
Sold Price: $10,540,000
Status: Closed
List Date: 2019-04-07
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
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
Country: USA
County Code: Maricopa
Legal Description (Abbrev): TRACT CE VAUGHN MANOR CONDOMINIUM AMD MCR 076126
Subdivision: VAUGHN MANOR CONDOMINIUM AMD
Assessor's Map #: 11
Assessor's Parcel #: 377
Add'l Parcels: No
Assessor Number: 304-11-377
Legal: TRACT CE VAUGHN MANOR CONDOMINIUM AMD MCR 076126
Census Tract: 422402
Tax Municipality: Gilbert
Taxes: 26319
Tax Year: 2018
Marketing Name: THE TIDES
General Property Description
Lot Size Dimensions: 2.269 acres / 98,823 sqft
Year Built: 2005
Uncvrd Parking Spcs: 42
Total # of Units: 42
# of Buildings: 10
Zoning: MF/L
Elementary School: Gilbert Elementary School
Jr. High School: Gilbert Junior High School
High School: Gilbert Junior High School
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
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
Status Change Date: 2019-09-01
Off Market Date: 2019-06-10
Under Contract Date: 2019-06-10
Close of Escrow Date: 2019-08-31
Sold Price: $10,540,000
Legal Info
Township: 1S
Range: 6E
Section: 7
Income & Expenses
Owner Association: Yes
Operating Exp: 26319
Pmt & Rate Info
Equity: 11298000
3 Bedrooms Units
# 3 Bedroom Units: 42
Avg Rent: 1576
Avg SqFt: 1147
# Baths: 2
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Seller Paid - S
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 25 - 50 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco; Siding
Roofing: Tile
Floors: Vinyl
Sale Includes: Land & Building; Pool Equipment
Community Amenities: Pool; Barbecue
Exterior Amenities: Landscape Wtr System; Green Landscaping; Fenced
Interior Amenities: Partially Furnished
Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: City Gas
Parking: Carport; 1 Space/Unit; Add'l Parking Avail; Assigned
Roads/Streets: Asphalt
Owner Pays: Landscaping; Pool/Spa Maintenance
Tenant Pays: Water; Sewer; Electric; Trash
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Documents
Listing Office: ABI Multifamily
Last Updated: February - 17 - 2023
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