NOT LISTED FOR SALE

Estimated Value: $500,210 - $553,000

4 Beds
3 Baths
2,368 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $274,000 $116 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,029/month

86 Days on Market

Highlights

  • Clubhouse
  • Spanish Architecture
  • Tennis Courts
  • Spectrum Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of August 2017

MOVE IN READY! PRISTINE CONDITION! Corner lot located in Gilbert's finest Spectrum community. NEW interior paint, NEW stainless steel Kitchen appliances, and spacious open floor plan. One bedroom and bath downstairs with small walk-in closet. Great curb appeal with low maintenance custom desert landscaping with lots of desirable upgrades and storage. Upgrades include High Ceiling, Ceiling Fans, Custom 2' wooden blinds, Maple cabinets, stainless steel appliances, wired alarm system, coated garage floor, laminate wood flooring and tile in high traffic areas including bathrooms. Built-in desk in loft upstairs. Walking distance to community parks and green belts and Spectrum Elementary school. Minutes to 202 and major shopping areas.

Last Agent to Sell the Property

Bharati Khatri

DeLex Realty License #SA574623000 Listed on: 03/25/2017

DeLex Realty

Last Buyer's Agent

Jenny Jie Sun Mou

Gold Trust Realty License #SA536806000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 2004

Lot Details

  • 3,869 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,368 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 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 System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-45-448

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Comm Assoc Association, Phone Number (480) 726-8080
  • Built by Ashton Woods
  • Spectrum Subdivision

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

Built in 2004

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Lindsay and Pecos
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 91.0
  • Basement: N
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: SPECTRUM
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 115.71
  • Association Fees:HOA Fee2: 91.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2368.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • 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
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Spectrum Comm Assoc
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 516.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Spectrum Comm Assoc
  • 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_: $

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: 3869.0
  • Parcel #: 304-45-448
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 2079.02
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2007
Sold by
Khatri Nimesh
Bought by
Khatri Nimesh and Khatri Bharati
Current Estimated Value
$519,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Outstanding Balance
$177,993
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$341,560

Purchase Details

Closed on
Aug 24, 2005
Sold by
Mcgavin George
Bought by
Khatri Nimesh and Khatri Bharati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,450
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Mcgavin Jessie
Bought by
Mcgavin George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2005
Sold by
Leung Winnie B
Bought by
Mcgavin George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2004
Sold by
Ashton Woods Arizona Llc
Bought by
Leung Winnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,076
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Khatri Nimesh -- Camelback Title Agency Llc
Khatri Nimesh -- Camelback Title Agency Llc
Khatri Nimesh $371,000 Title Security Agency Of Az
Mcgavin George -- Title Security Agency Of Az
Mcgavin George $340,000 Title Security Agency Of Az
Leung Winnie B $240,095 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Nimesh $287,200
Closed Khatri Nimesh $352,450
Previous Owner Mcgavin George $306,000
Previous Owner Mcgavin George $306,000
Previous Owner Leung Winnie B $192,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $274,000 -1.8% $116 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $278,900 -1.1% $118 / Sq Ft
05/25/2017 05/25/17 Price Changed $281,900 -2.5% $119 / Sq Ft
05/05/2017 05/05/17 Price Changed $289,000 -0.3% $122 / Sq Ft
04/28/2017 04/28/17 Price Changed $290,000 -3.0% $122 / Sq Ft
04/27/2017 04/27/17 For Sale $299,000 0.0% $126 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/10/2017 04/10/17 Price Changed $299,000 -3.5% $126 / Sq Ft
03/25/2017 03/25/17 For Sale $309,900 0.0% $131 / Sq Ft
07/15/2014 07/15/14 Rented $1,495 0.0% --
06/24/2014 06/24/14 Under Contract -- -- --
06/19/2014 06/19/14 For Rent $1,495 +1.4% --
02/18/2014 02/18/14 Rented $1,475 -6.3% --
02/18/2014 02/18/14 Under Contract -- -- --
02/01/2014 02/01/14 For Rent $1,575 +21.6% --
11/15/2012 11/15/12 Rented $1,295 -16.5% --
10/25/2012 10/25/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $1,550 -- --
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 $2,422 $26,396 -- --
2024 $2,344 $25,139 -- --
2023 $2,344 $38,760 $7,750 $31,010
2022 $2,280 $29,160 $5,830 $23,330
2021 $2,355 $27,700 $5,540 $22,160
2020 $2,319 $25,580 $5,110 $20,470
2019 $2,156 $24,400 $4,880 $19,520
2018 $2,096 $24,100 $4,820 $19,280
2017 $2,028 $22,880 $4,570 $18,310
2016 $2,064 $22,360 $4,470 $17,890
2015 $1,895 $20,370 $4,070 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580875

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-45-448