NOT LISTED FOR SALE

Estimated Value: $760,391 - $840,000

3 Beds
2.5 Baths
2,549 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $805,000 $316 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,891/month

31 Days on Market

Highlights

  • Community Lake
  • Covered patio or porch
  • Eat-In Kitchen
  • Spectrum Elementary School Rated A
  • 3 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of July 2022

Beautiful home nestled in the sought-after luxury neighborhood of Velvendo!! Upon arrival, you will be welcomed by a private courtyard. As you enter the home, the open floor plan flows into the dining area and great room. Bright and open, the gourmet kitchen is complete with stainless steel appliances, quartz countertops, sleek white cabinetry, and a butler's pantry. The primary bedroom is very spacious and there are two walk in closets in the bathroom. The remaining two bedrooms are on the other side, as well as the ''teen room'', which can easily be converted into a fourth bedroom or den. Enter the backyard through one of two sliding glass doors to find beautiful landscaping and design with artificial turf and pavers. This home has so much to offer and is in the perfect Gilbert location!

Last Agent to Sell the Property

Shawni Moore

Keller Williams Realty East Valley License #SA669382000 Listed on: 05/24/2022

Keller Williams Realty East Valley

Co-Listed By

Matthew Kochis

Keller Williams Realty East Valley License #SA573321000

Last Buyer's Agent

Daren Freeman

Compass License #SA654519000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 2017

Lot Details

  • 8,400 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,549 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 304-86-722

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Manage Association, Phone Number (602) 437-4777
  • Built by Meritage
  • Estates At Velvendo Phase 2 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Williams Field
  • 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: 100.0
  • 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: 2017
  • Tax Year: 2021
  • Directions: From Williams Field turn south on Velvendo, west on Buffalo. Home will be on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: ESTATES AT VELVENDO PHASE 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 300.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2549.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood, Spray Foam Insulation
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Velvendo
  • Association Fees:HOA Telephone4: (602) 437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 450.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Manage
  • Association Fees:HOA Management Phone: (602) 437-4777

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: 8400.0
  • Parcel #: 304-86-722
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2630.0
  • Tax Book Number: 304.00
  • Tax Lot: 20
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 14, 2022
Sold by
Linwen Huang
Bought by
Zhu Yanyan and Ye Tingjun
Seller's Agent
Shawni Moore
Keller Williams Realty East Valley
Buyer's Agent
Daren Freeman
Compass
List Price
$820,000
Sold Price
$805,000
Premium/Discount to List
-$15,000
-1.83%
Current Estimated Value
$828,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,866
Avg. Annual Appreciation
1.13%
Original Mortgage
$355,000
Outstanding Balance
$340,528
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$492,212

Purchase Details

Closed on
Sep 27, 2017
Sold by
Meritage Homes Of Arizona Inc
Bought by
Huang Linwen and Li Siqi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,997
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhu Yanyan $805,000 New Title Company Name
Huang Linwen $459,995 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Yanyan $355,000
Previous Owner Huang Linwen $258,900
Previous Owner Huang Linwen $275,997
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $805,000 -1.8% $316 / Sq Ft
06/16/2022 06/16/22 Price Changed $819,500 -0.1% $321 / Sq Ft
05/23/2022 05/23/22 For Sale $820,000 -- $322 / 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 $2,555 $34,996 -- --
2024 $2,577 $33,330 -- --
2023 $2,577 $59,300 $11,860 $47,440
2022 $2,494 $44,210 $8,840 $35,370
2021 $2,630 $41,560 $8,310 $33,250
2020 $2,590 $39,180 $7,830 $31,350
2019 $2,384 $37,270 $7,450 $29,820
2018 $2,316 $10,530 $10,530 $0
2017 $509 $10,125 $10,125 $0
2016 $524 $8,715 $8,715 $0
2015 $524 $5,760 $5,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6404812

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-722