NOT LISTED FOR SALE

1065 E Sourwood Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $670,000 - $737,000

5 Beds
3 Baths
3,050 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2015

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

Est. 123% increase in value since last sale

Current estimated payment $3,981 / mo

33 Days on Market

Highlights

  • Mountain View
  • Bonus Room
  • Granite Countertops
  • Haley Elementary School Rated A
  • Great Room
  • Sport Court

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 Fine Properties License #BR533974000 Listed on: 09/03/2015

RE/MAX Fine Properties

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
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Land Lease

HOA Fees

  • $67 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Home Gym
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

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

Community Details

Overview

  • Association fees include ground maintenance
  • 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

7,079 Sq Ft Lot

HOA Fees

$67 per month

Parking

2

Listing Details

  • Cross Street: Ocotillo Rd and Lindsay Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 67.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2014
  • Master Model: Arcadia #136
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Alder Brook at Felty Farms
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 101.64
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Water Softener Owned
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, Granite Counters
  • Living Area: 3050.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane

Exterior Features

  • Fencing: Block
  • Exterior Features: Sport Court(s), Playground
  • Lot Features: North/South Exposure, Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Extended Length Garage, Side Vehicle Entry, Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.5

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 67.0
  • Association Fee Frequency: Monthly
  • Association Name: CITY PROPERTY MGMT
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Hale Elementary School
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • 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

Building Info

  • Builder Name: Capital Pacific Homes

Tax Info

  • Tax Annual Amount: 2345.0
  • Tax Book Number: 304.0
  • Tax Lot: 136
  • Tax Map Number: 72.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Nov 10, 2015
Sold by
Caul Shirley J
Bought by
Madalli Chandrashekar Jagadish
Seller's Agent
Brook Miller
RE/MAX Fine Properties
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
$692,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,313
Avg. Annual Appreciation
8.01%
Original Mortgage
$248,000
Outstanding Balance
$101,726
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$590,587

Purchase Details

Listed on
Sep 3, 2015
Closed on
Nov 5, 2015
Sold by
Talawai Shweta
Bought by
Madalli Chandrashekar Jagadish
Seller's Agent
Brook Miller
RE/MAX Fine Properties
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
$101,726
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$590,587

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
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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 List to Sale Price per Sq Ft
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

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 $2,929 $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

    118 Total Sales

    Brook Miller
    Section Image
  • Bob Dickinson

    Buyer's Agent in 2015

    Bob Dickinson

    RETSY

    (602) 527-8086

    60 Total Sales

    Bob Dickinson
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Dickinson

    Nest Realty Phoenix

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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

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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