NOT LISTED FOR SALE

1040 S Riata St Unit III Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $551,000 - $585,000

4 Beds
2.5 Baths
2,039 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $245,000 $120 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,123/month

106 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Settlers Point Elementary School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of March 2015

Spacious 4 bedroom home in Gilbert with sparkling pool and lots of room to play in the backyard. Upon entering through the front door, you'll be greeted by the grand feeling of the vaulted ceilings in the formal living and dining rooms. The open kitchen, breakfast room and family room are position at the back of the house with views of the backyard. The oversized master suite features vaulted ceilings, double sinks & separate tub/shower and huge walk-in closet. The 3 guest bedrooms also have vaulted ceilings & have been freshly painted. Low maintenance front yard landscaping w/drip system.

Last Agent to Sell the Property

Jacob Babin

HomeSmart License #SA520163000 Listed on: 11/07/2014

HomeSmart

Last Buyer's Agent

Michael Hernandez

Your Home Sold Guaranteed Realty License #SA645225000

Your Home Sold Guaranteed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1997

Lot Details

  • 6,395 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,039 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Settler's Point Elementary School
  • Greenfield Junior High School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 299
  • Assessor Parcel Number 309-14-299

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Richmond American
  • Neely Farms Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Warner & Lindsey
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 28.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2013
  • Directions: South on Lindsey, Right(west) on Settler Point, Left(south)on Park Grove, Right(west) on Devon, Left on Riata (house on the corner)
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Neely Farms
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 85.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2039.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: 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:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: unknown
  • Phone: 888-888-8888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: unknown
  • Association Fees:HOA Telephone4: 8888888888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Mesquite High School
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6395.0
  • Parcel #: 309-14-299
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 1626.0
  • Tax Book Number: 309.00
  • Tax Lot: 299
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 19, 2015
Sold by
Cannon Andrew and Cannon Dana
Bought by
Moore Joshua R and Moore Kristen G Cuzzolina
Seller's Agent
Jacob Babin
HomeSmart
Buyer's Agent
Michael Hernandez
Your Home Sold Guaranteed Realty
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Current Estimated Value
$563,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,178
Avg. Annual Appreciation
8.24%
Original Mortgage
$245,000
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Oct 20, 2011
Sold by
Federal National Mortgage Association
Bought by
Cannon Andrew and Cannon Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 28, 2011
Sold by
Falls Timohty M and Sollenne Kathryn M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 15, 2007
Sold by
Princess Marissa Llc
Bought by
Bromelia Michelle

Purchase Details

Closed on
Jan 19, 2006
Sold by
Bromelia Michelle
Bought by
Falls Timothy M and Sollenne Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Bromelia Michelle Lee
Bought by
Princess Marissa Llc

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bromella Joseph Gaetano
Bought by
Bromella Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Ingegneri Vincent J and Ingegneri Tracy D
Bought by
Vip Construction Inc

Purchase Details

Closed on
Oct 23, 1998
Sold by
Bergstein Darren L and Bergstein Gloria L
Bought by
Ingegneri Vincent J and Ingegneri Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,530
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1997
Sold by
Continental Homes Inc
Bought by
Bergstein Darren L and Bergstein Gloria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,350
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1997
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moore Joshua R $245,000 First American Title Ins Co
Cannon Andrew -- Servicelink
Federal National Mortgage Association -- First American Title
Nationstar Mortgage Llc $303,679 First American Title
Bromelia Michelle -- Omega Title Agency Llc
Falls Timothy M $350,000 Omega Title Agency Llc
Princess Marissa Llc -- --
Bromella Michelle -- First American Title Ins Co
Bromella Michelle $187,000 First American Title Ins Co
Vip Construction Inc -- --
Ingegneri Vincent J $144,500 First American Title
Bergstein Darren L $130,906 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Joshua R $218,282
Closed Cuzzolina Moore Kristen G $239,595
Closed Moore Joshua R $245,000
Previous Owner Cannon Andrew $166,500
Previous Owner Falls Timothy M $280,000
Previous Owner Bromelia Michelle Lee $76,408
Previous Owner Bromella Michelle $149,600
Previous Owner Ingegneri Vincent J $146,530
Previous Owner Bergstein Darren L $124,350
Closed Falls Timothy M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $245,000 -9.2% $120 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $269,900 -- $132 / 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 $1,789 $24,853 -- --
2024 $1,831 $23,670 -- --
2023 $1,831 $39,150 $7,830 $31,320
2022 $1,775 $29,500 $5,900 $23,600
2021 $1,874 $28,010 $5,600 $22,410
2020 $1,845 $26,060 $5,210 $20,850
2019 $1,696 $24,020 $4,800 $19,220
2018 $1,645 $22,730 $4,540 $18,190
2017 $1,588 $21,060 $4,210 $16,850
2016 $1,645 $20,310 $4,060 $16,250
2015 $1,498 $19,500 $3,900 $15,600
Source: Public Records

Agents Affiliated with this Home

  • Jacob Babin

    Seller's Agent in 2015

    Jacob Babin

    HomeSmart

    (602) 369-3329

    1 Total Sale

    Jacob Babin
    Section Image
  • Michael Hernandez

    Buyer's Agent in 2015

    Michael Hernandez

    Your Home Sold Guaranteed Realty

    (602) 303-8998

    1 in this area

    69 Total Sales

    Michael Hernandez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5196506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-14-299

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

1040 S Riata St Unit III, Gilbert, AZ

This home is located at 1040 S Riata St Unit III, Gilbert, AZ 85296 since 07 November 2014 and is currently estimated at $563,178, approximately $276 per square foot. This property was built in 1997. 1040 S Riata St Unit III is a home located in Maricopa County with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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