NOT LISTED FOR SALE

11116 E Chestnut Ct Sun Lakes, AZ 85248

Estimated Value: $676,000 - $722,000

2 Beds
2.5 Baths
2,606 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $800,000 $307 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,093/month

35 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Jacobson Elementary School Rated A
  • Gated with Attendant
  • Vaulted Ceiling

About This Home

As of June 2022

STUNNINGLY REMODELED HOME in the GATED, Adult Community of Palo Verde! ALMOST EVERYTHING IS NEW - ROOF, HVAC, DUCTWORK, CABINETRY, LIGHTING, GROHE PLUMBING FIXTURES & CARRARA PORCELAIN FLOORS! SPECTACULAR OPEN FLOOR PLAN! CHEF'S KITCHEN w/ TOP OF LINE APPLIANCES (SUB ZERO FRIDGE/ VERONA GAS STOVE/ WOLF VENT HOOD), QUARTZITE COUNTERS & MASSIVE (15'X5.5') ISLAND! GORGEOUS MASTER SUITE w/ SITTING AREA, 2 WALK-IN CLOSETS, HUGE GLASS WALK-IN SHOWER & DOUBLE VANITY. Guest Bedroom, Full Guest Bath PLUS A HALF BATH. Extra Storage Space in Laundry Room & 3-CAR GARAGE. The North-Facing Backyard w/ EXTENDED PAVER PATIO has a GREAT VIEW of the Community Park! PLUS SUN LAKES Community amenities like: golf, tennis, pickleball, pools/spas, BRAND NEW fitness center, clubs, social activities & restaurants

Last Agent to Sell the Property

Charlotte Young

Realty ONE Group License #BR585020000 Listed on: 03/29/2022

Last Buyer's Agent

Charlotte Young

eXp Realty License #BR585020000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1994

Lot Details

  • 7,638 Sq Ft Lot
  • Wrought Iron Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Roof Updated in 2021
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,606 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Kitchen Updated in 2021
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Floors Updated in 2021
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Washer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • North or South Exposure

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Cooling System Updated in 2021
  • Zoned Heating and Cooling System
  • Plumbing System Updated in 2021
  • Wiring Updated in 2021
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 303-72-025

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Sun Lakes HOA #2 Association, Phone Number (480) 895-3550
  • Built by Robson
  • Sun Lakes Subdivision, Custom Galleria Floorplan

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Year Built

Built in 1994

Lot Details

7,638 Sq Ft Lot

HOA Fees

$161 per month

Parking

3

Listing Details

  • Cross Street: Riggs & Alma School
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 160.92
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2021
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2021
  • Master Model: Custom Galleria
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: SUN LAKES
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 306.98
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Stub for Range, Microwave, Gas Oven, Gas Range, Water Purifier
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Non-laminate Counter, High Speed Internet, Vaulted Ceiling(s), No Interior Steps
  • Living Area: 2606.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: North/South Exposure, Borders Common Area, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company

Condo/Co-op/Association

  • Community Features: Lake, Guarded Entry, Community Spa, Community Spa Htd, Gated, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee: 1931.0
  • Association Fee Frequency: Annually
  • Association Name: Sun Lakes HOA #2
  • Phone: 480-895-3550
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1750.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7638.0
  • Parcel #: 303-72-025

Building Info

  • Builder Name: Robson

Tax Info

  • Tax Annual Amount: 3590.0
  • Tax Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 25, 2022
Sold by
Kathy Mckimmy
Bought by
Forsythe William T and Forsythe Patti J
Seller's Agent
Charlotte Young
Realty ONE Group
Buyer's Agent
Charlotte Young
Realty ONE Group
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%
Current Estimated Value
$699,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,295
Avg. Annual Appreciation
-3.50%
Original Mortgage
$225,000
Outstanding Balance
$213,745
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$485,960

Purchase Details

Listed on
Aug 20, 2021
Closed on
Aug 31, 2021
Sold by
Willis Kathy Rae and Morvig Living Trust
Bought by
Mckimmy Kathy
Seller's Agent
Patricia Ganong
eXp Realty
Buyer's Agent
Charlotte Young
Realty ONE Group
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.72%

Purchase Details

Closed on
Mar 9, 2001
Sold by
Morvig Larayne
Bought by
Morvig Larayne and Morvig Living Trust

Purchase Details

Closed on
Jul 8, 1998
Sold by
Morvig Obert M and Morvig La Rayne
Bought by
Morvig Obert M and Morvig La Rayne

Purchase Details

Closed on
Sep 26, 1994
Sold by
Old Republic Title Insurance Agency Inc
Bought by
Morvig Obert M and Morvig La Rayne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
9.23%
Mortgage Type
New Conventional
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
Forsythe William T $800,000 New Title Company Name
Mckimmy Kathy $550,000 Millennium Title Agency Llc
Morvig Larayne -- --
Morvig Obert M -- --
Morvig Obert M $214,212 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forsythe William T $225,000
Previous Owner Morvig Obert M $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $800,000 -3.0% $307 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $825,000 -5.7% $317 / Sq Ft
03/29/2022 03/29/22 For Sale $875,000 +59.1% $336 / Sq Ft
09/02/2021 09/02/21 Sold $550,000 0.0% $211 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $550,000 -- $211 / 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 $3,976 $38,488 -- --
2024 $3,708 $36,655 -- --
2023 $3,708 $46,420 $9,280 $37,140
2022 $3,508 $35,720 $7,140 $28,580
2021 $3,590 $35,110 $7,020 $28,090
2020 $3,543 $33,320 $6,660 $26,660
2019 $3,399 $28,720 $5,740 $22,980
2018 $3,321 $27,700 $5,540 $22,160
2017 $3,112 $26,800 $5,360 $21,440
2016 $2,999 $28,170 $5,630 $22,540
2015 $2,893 $26,100 $5,220 $20,880
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Young

    Seller's Agent in 2022

    Charlotte Young

    Realty One Group

    (480) 802-3857

    269 in this area

    320 Total Sales

    Charlotte Young
    Section Image
  • Patricia Ganong

    Seller's Agent in 2021

    Patricia Ganong

    eXp Realty

    (480) 226-2600

    4 in this area

    11 Total Sales

    Patricia Ganong
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6375445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-72-025

Arizona Maricopa County Sun Lakes 85248

11116 E Chestnut Ct, Sun Lakes, AZ

Not Listed for Sale

Detached

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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