NOT LISTED FOR SALE

1175 E Tekoa Ave Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $678,000 - $719,000

3 Beds
2 Baths
2,042 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $660,000 $323 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,191/month

9 Days on Market

Highlights

  • Heated Spa
  • Community Lake
  • Tennis Courts
  • Haley Elementary School Rated A
  • Granite Countertops
  • Covered patio or porch

About This Home

As of August 2021

Resort Living at its finest! Pristine home located in the prestigious Layton Lakes community sitting on an oversized lot with a view fence overlooking the park & greenbelt. The home offers 3 bedrooms, each with their own walk-in closets, and a separate office with technology installed for high-end Wi-Fi. Plank tiles, surround sound, granite countertops in the kitchen and both baths, 42'' kitchen cabinets and stainless steel appliances. Tile surround and dual sinks in both baths. Master shower features a regular and ceiling-mounted rain shower. With the North/South exposure, enjoy sunset & sunrise views from your resort-style backyard - pool with water feature, spa, extended patio, and seating area around the built-in fire pit. The pool and spa are controlled with a phone app, so you can heat and light up your spa/pool before you return home! Low-maintenance yard with synthetic grass and fruit producing citrus trees - lemon, lime, and an orange tree. You don't want to miss this one! Seller requests a 6 to 9-month leaseback.

Last Agent to Sell the Property

Diana Hegmann

eXp Realty License #SA551988000 Listed on: 07/11/2021

eXp Realty

Last Buyer's Agent

Tanya Dawson

LPT Realty, LLC License #SA647238000

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 2017

Lot Details

  • 8,942 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 313-18-225

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by Lennar
  • Layton Lakes Phase 2 Gilbert Parcel 11 Subdivision, Cabrillo Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

Year Built

Built in 2017

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: Queen Creek & Lindsay
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: East on Queen Creek, South on S. Layton Lakes, East on Aberdeen, south on Tekoa and property will be on the Right.
  • Master Model: Cabrillo
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: LAYTON LAKES PHASE 2 GILBERT PARCEL 11
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 289.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2042.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco, Stone, Spray Foam Insulation
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 289.0
  • Association Fee Frequency: Quarterly
  • Association Name: Layton Lake
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Layton Lake
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 481.67
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Haley Elementary
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8942.0
  • Parcel #: 313-18-225
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2140.0
  • Tax Book Number: 313.00
  • Tax Lot: 82
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Balasubramanian Shivasubramanian and Balasubramanian Prath
Bought by
Sasanam Trust
Total Days on Market
9
Current Estimated Value
$700,232

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 4, 2021
Sold by
Hower Keri
Bought by
Balakrishnan Prathakini and Balasubramanian S
Seller's Agent
Diana Hegmann
eXp Realty
Buyer's Agent
Tanya Dawson
LPT Realty, LLC
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$360,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2016
Sold by
Lennar Arizona Inc
Bought by
Hower Keri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

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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
Sasanam Trust -- None Listed On Document
Balakrishnan Prathakini $660,000 Fidelity Natl Ttl Agcy Inc
Hower Keri $352,000 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balakrishnan Prathakini $360,000
Previous Owner Hower Keri $305,000
Previous Owner Hower Keri $302,000
Previous Owner Hower Keri $316,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $660,000 +10.2% $323 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $599,000 -9.2% $293 / Sq Ft
07/12/2021 07/12/21 Off Market $660,000 -- --
07/11/2021 07/11/21 For Sale $599,000 -- $293 / 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 $2,191 $27,874 -- --
2024 $2,144 $26,547 -- --
2023 $2,144 $49,220 $9,840 $39,380
2022 $2,065 $35,950 $7,190 $28,760
2021 $2,155 $33,850 $6,770 $27,080
2020 $2,140 $31,720 $6,340 $25,380
2019 $2,063 $29,310 $5,860 $23,450
2018 $1,996 $11,490 $11,490 $0
2017 $691 $7,935 $7,935 $0
2016 $675 $7,590 $7,590 $0
2015 $704 $7,296 $7,296 $0
Source: Public Records

Agents Affiliated with this Home

  • Diana Hegmann

    Seller's Agent in 2021

    Diana Hegmann

    eXp Realty

    (480) 993-6966

    1 in this area

    16 Total Sales

    Diana Hegmann
    Section Image
  • Tanya Dawson

    Buyer's Agent in 2021

    Tanya Dawson

    LPT Realty, LLC

    (480) 273-3510

    1 in this area

    41 Total Sales

    Tanya Dawson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6263088

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-225

Arizona Maricopa County Gilbert 85298 South Gilbert

1175 E Tekoa Ave, Gilbert, AZ

This home is located at 1175 E Tekoa Ave, Gilbert, AZ 85298 since 11 July 2021 and is currently estimated at $693,451, approximately $339 per square foot. This property was built in 2017. 1175 E Tekoa Ave 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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