NOT LISTED FOR SALE

Estimated Value: $768,119 - $802,000

4 Beds
3 Baths
2,906 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $715,000 $246 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,513/month

33 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Double Pane Windows
  • Spectrum Elementary School Rated A
  • 3 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of March 2023

Welcome home! Seller will contribute 2% concessions for 2/1 buy down! Be welcomed by the private courtyard. Make yourself at home in this inviting living room along w/neutral palette, carpet & tile floors in all the right places, door levers, and a formal dining area. The spacious great room exhibits backyard access and bountiful natural light. Lovely kitchen offers recessed lighting, chocolate-stained cabinets w/crown moulding, SS appliances w/double wall ovens, a walk in pantry, granite counters, and an island w/a breakfast bar. Continue to the primary bedroom w/a private bathroom, dual vanities, and a walk-in closet. The den is perfect for a workspace. Relax under the backyard's covered patio! New exterior paint December 2022. Close to San Tan Mall and Gilbert Regional Park. Come tour!

Last Agent to Sell the Property

Marty Logan

Citiea License #SA662902000 Listed on: 01/11/2023

Citiea

Last Buyer's Agent

Bob Neuzil

Imperial Realty Services, LLC License #BR012285000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 2014

Lot Details

  • 8,750 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,906 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Doors with lever handles
  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 304-86-773

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by MERITAGE HOMES
  • Estates At Velvendo Phase 2 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 2014

Lot Details

0

HOA Fees

$120 per month

Parking

3

Listing Details

  • Cross Street: Pecos Rd and Lindsay Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2022
  • Directions: Head north on S Lindsay Rd, Turn right onto E Bernie Ln, Turn left onto S Heritage Dr, Turn right onto E Vermont Dr. Property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: ESTATES AT VELVENDO PHASE 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 360.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Lever Handles
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2906.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 360.0
  • Association Fee Frequency: Quarterly
  • Association Name: ESTATES AT VELVENDO
  • Phone: 480-437-7777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: ESTATES AT VELVENDO
  • Association Fees:HOA Telephone4: 480-437-7777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 450.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 450.0
  • Association Fees:Other Fees Description: Reserve Contribution
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Management Phone: (602) 437-4777
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8750.0
  • Parcel #: 304-86-773

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 2729.0
  • Tax Book Number: 304.00
  • Tax Lot: 115
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Varvel Alex
Bought by
Alex Varvel Living Trust and Varvel
Current Estimated Value
$784,530

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 15, 2023
Sold by
Craig Loconti Living Trust
Bought by
Varvel Alex and Varvel Richard D
Seller's Agent
Marty Logan
Citiea
Buyer's Agent
Bob Neuzil
Imperial Realty Services, LLC
List Price
$739,000
Sold Price
$715,000
Premium/Discount to List
-$24,000
-3.25%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$572,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Loconti Craig Louis
Bought by
Loconti Craig Louis and The Craig Loconti Living Trust

Purchase Details

Closed on
Jun 3, 2014
Sold by
Meritage Homes Of Arizona Inc
Bought by
Loconti Craig Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,230
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alex Varvel Living Trust -- None Listed On Document
Varvel Alex $715,000 Driggs Title Agency
Loconti Craig Louis -- None Available
Loconti Craig Louis $451,236 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varvel Alex $572,000
Previous Owner Loconti Craig Louis $331,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $715,000 -3.2% $246 / Sq Ft
01/11/2023 01/11/23 For Sale $739,000 -- $254 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,796 $38,292 -- --
2024 $2,819 $36,469 -- --
2023 $2,819 $61,270 $12,250 $49,020
2022 $2,729 $45,810 $9,160 $36,650
2021 $2,878 $43,620 $8,720 $34,900
2020 $2,834 $41,180 $8,230 $32,950
2019 $2,609 $39,560 $7,910 $31,650
2018 $2,534 $36,380 $7,270 $29,110
2017 $2,461 $34,310 $6,860 $27,450
2016 $2,556 $33,660 $6,730 $26,930
2015 $2,407 $30,530 $6,100 $24,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6506209

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-773