NOT LISTED FOR SALE

1065 E Sourwood Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $661,000 - $707,000

5 Beds
3 Baths
3,050 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $310,000 $102 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,937/month

33 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Covered patio or porch
  • Haley Elementary School Rated A
  • Sport Court
  • 2.5 Car Direct Access Garage

About This Home

As of November 2015

Open floor plan with tons of living space! Move In Ready! 5 bedrooms, one downstairs currently used as den but has a huge walk in closet, 3 full bathrooms again one downstairs. Gourmet kitchen complete with upgraded raised panel hickory cabinets, granite slab counters and stainless steel appliances. Tile flooring and plantation shutters throughout. Huge laundry room with extra built in cabinets. The Man Cave - 2.5 almost 3 car garage with epoxy floors, built in cabinets and work bench. Professionally landscaped backyard includes 2 extended covered patios, putting green, synthetic grass, concrete walk ways, curbing and gas line for grill. Security door, basketball hoop, water softener, new water heater, custom large master shower. Home warranty included!

Last Agent to Sell the Property

Brook Miller

RE/MAX Solutions License #BR533974000 Listed on: 09/04/2015

RE/MAX Solutions

Last Buyer's Agent

Bob Dickinson

RETSY License #SA523207000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 2008

Lot Details

  • 7,079 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Land Lease

Parking

  • 2.5 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Playground

Schools

  • Hale Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 304-72-669

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by Capital Pacific Homes
  • Alder Brook At Felty Farms Subdivision, Arcadia #136 Floorplan

Recreation

  • Sport Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,345

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Ocotillo Rd and Lindsay Rd
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 67.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2014
  • Master Model: Arcadia #136
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: Alder Brook at Felty Farms
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 67.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 3050.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio, Sport Court(s)
  • Lot Features: Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • 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
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: CITY PROPERTY MGMT
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: CITY PROPERTY MGMT
  • Association Fees:HOA Telephone4: 602-437-4777
  • 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: Hale Elementary School
  • High School: Perry High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease: Yes
  • Lot Size Sq Ft: 7079.0
  • Parcel #: 304-72-669
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Capital Pacific Homes

Tax Info

  • Tax Annual Amount: 2345.0
  • Tax Book Number: 304.00
  • Tax Lot: 136
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 10, 2015
Sold by
Caul Shirley J
Bought by
Madalli Chandrashekar Jagadish
Seller's Agent
Brook Miller
RE/MAX Solutions
Buyer's Agent
Bob Dickinson
RETSY
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$675,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,115
Avg. Annual Appreciation
8.33%
Original Mortgage
$248,000
Outstanding Balance
$109,094
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$566,021

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 5, 2015
Sold by
Talawai Shweta
Bought by
Madalli Chandrashekar Jagadish
Seller's Agent
Brook Miller
RE/MAX Solutions
Buyer's Agent
Bob Dickinson
RETSY
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$109,094
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$566,021

Purchase Details

Closed on
Aug 24, 2011
Sold by
Caul Michael and Caul Shirley J
Bought by
Caul Michael and Caul Shirley J

Purchase Details

Closed on
Feb 13, 2009
Sold by
Capital Pacific Holdings Llc
Bought by
Caul Michael and Caul Shirley

Purchase Details

Closed on
May 14, 2008
Sold by
Hearthstone Multi Asset Entity B Lp
Bought by
Capital Pacific Holdings Llc
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
Madalli Chandrashekar Jagadish $310,000 Old Republic Title Agency
Madalli Chandrashekar Jagadish -- Old Republic Title Agency
Caul Michael -- None Available
Caul Michael $281,000 The Talon Group Tempe Supers
Capital Pacific Holdings Llc $204,251 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madalli Chandrashekar Jagadish $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $310,000 -1.6% $102 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $315,000 -- $103 / 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 $2,897 $37,101 -- --
2024 $2,828 $35,334 -- --
2023 $2,828 $47,250 $9,450 $37,800
2022 $2,728 $34,970 $6,990 $27,980
2021 $2,852 $32,050 $6,410 $25,640
2020 $2,836 $30,730 $6,140 $24,590
2019 $2,726 $27,950 $5,590 $22,360
2018 $2,639 $27,580 $5,510 $22,070
2017 $2,473 $27,510 $5,500 $22,010
2016 $2,391 $28,320 $5,660 $22,660
2015 $2,308 $27,180 $5,430 $21,750
Source: Public Records

Agents Affiliated with this Home

  • Brook Miller

    Seller's Agent in 2015

    Brook Miller

    RE/MAX

    (602) 391-7164

    1 in this area

    144 Total Sales

    Section Image
  • Bob Dickinson

    Buyer's Agent in 2015

    Bob Dickinson

    RETSY

    (602) 527-8086

    72 Total Sales

    Section Image

  • R

    Buyer's Agent in 2015

    Robert Dickinson

    Nest Realty Phoenix

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5329857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-72-669

Arizona Maricopa County Gilbert 85298 South Gilbert

1065 E Sourwood Dr, Gilbert, AZ

This home is located at 1065 E Sourwood Dr, Gilbert, AZ 85298 since 04 September 2015 and is currently estimated at $680,714, approximately $223 per square foot. This property was built in 2008. 1065 E Sourwood Dr is a home located in Maricopa County with nearby schools including Haley Elementary School, Willie & Coy Payne Jr. High School, and Legacy Online Academy.

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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