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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
Listing Office: ABI Multifamily
Last Updated: February - 17 - 2023
36 E VAUGHN Avenue, Gilbert, AZ 85234- MLS# 5908058
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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