NOT LISTED FOR SALE

Estimated Value: $445,000 - $465,000

3 Beds
2.5 Baths
1,757 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $215,000 $122 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,681/month

5 Days on Market

Highlights

  • Clubhouse
  • Santa Barbara Architecture
  • Covered patio or porch
  • Spectrum Elementary School Rated A
  • Tennis Courts
  • 2 Car Direct Access Garage

About This Home

As of July 2016

This gorgeous 2 story home is located in the heart of Gilbert's highly sought after Spectrum subdivision. You'll walk into a true open concept main floor. The spacious great-room has huge windows flooding the main floor with light. This room leads into large kitchen featuring a built in bar, oak cabinetry, white appliances, custom island, and a large eat-in dining area. A private powder room finishes off the main level. Upstairs you'll find 3 large beds, 2 baths, and a sizable laundry room. Each room showcases plush carpet, ceiling fans, and custom paint. The oversized master includes 3 picture windows, a large walk in closet, and spa like on suite. The extended covered porch, paver patio, and lush green grass make the back yard an entertainers dream. Hurry! This one won't last long.

Last Agent to Sell the Property

Angela Johnson

Bullseye Property Management, LLC License #SA646383000 Listed on: 06/03/2016

Last Buyer's Agent

Shirley Sen

Realty ONE Group License #SA641108000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 2008

Lot Details

  • 3,778 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,757 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Laundry on upper level

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • 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 Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 309-31-469

Community Details

Overview

  • Property has a Home Owners Association
  • Spectrum Association, Phone Number (480) 726-8080
  • Built by KB HOMES
  • Villas At The Spectrum Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Williams Field and Val Vista
  • 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: 86.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2015
  • Directions: West on Williams Field, Left on Palomino Creek, Right on Buffalo, Left on Southwind, Left on Vermont, home is on the Right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.09
  • Subdivision Name: VILLAS AT THE SPECTRUM
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 86.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1757.0
  • 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
  • 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:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Front, Grass Back
  • Pool Features: None
  • 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:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Upper Level
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Spectrum
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 45.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Spectrum
  • Association Fees:HOA Telephone4: 480-726-8080
  • 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: Spectrum Elementary
  • High School: Campo Verde High School
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3778.0
  • Parcel #: 309-31-469
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Annual Amount: 1315.0
  • Tax Book Number: 309.00
  • Tax Lot: 48
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 11, 2016
Sold by
Smith Michael T and Smith Jennifer N
Bought by
Yong Way Shan
Seller's Agent
Angela Johnson
Bullseye Property Management, LLC
Buyer's Agent
Shirley Sen
Realty ONE Group
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$461,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,356
Avg. Annual Appreciation
8.66%
Original Mortgage
$172,000
Outstanding Balance
$83,229
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$373,442

Purchase Details

Closed on
May 5, 2008
Sold by
Kb Home Sales Phoenix Inc
Bought by
Smith Michael T and Smith Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,415
Interest Rate
6.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yong Way Shan $215,000 Stewart Title Arizona Agency
Smith Michael T $190,357 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yong Way Shan $172,000
Previous Owner Smith Michael T $172,800
Previous Owner Smith Michael T $188,529
Previous Owner Smith Michael T $187,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $215,000 -2.2% $122 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $219,900 -- $125 / 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 $1,599 $21,881 -- --
2024 $1,613 $20,839 -- --
2023 $1,613 $32,320 $6,460 $25,860
2022 $1,565 $25,200 $5,040 $20,160
2021 $1,649 $24,210 $4,840 $19,370
2020 $1,623 $21,970 $4,390 $17,580
2019 $1,493 $19,660 $3,930 $15,730
2018 $1,446 $20,480 $4,090 $16,390
2017 $1,396 $19,270 $3,850 $15,420
2016 $1,436 $18,710 $3,740 $14,970
2015 $1,315 $16,820 $3,360 $13,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5451796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-31-469