NOT LISTED FOR SALE

1230 E Frances Ln Gilbert, AZ 85295

San Tan Village Neighborhood

Estimated Value: $501,002 - $521,000

3 Beds
2.5 Baths
1,960 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $481,000 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,913/month

4 Days on Market

Highlights

  • Above Ground Spa
  • Solar Power System
  • Covered Patio or Porch
  • Spectrum Elementary School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of July 2021

OH WOW! Amazing upgraded home in the highly desirable community of Spectrum in Gilbert.
This amazing two story home boosts Spanish Marble floors through out the home and stairs with Luxury vinyl floors in the bedrooms. Come on out to view this 3 bedroom, 2.5 bath home. Fresh paint inside and out this seller loved this home and it shows. The list of upgrades are as follows New HVAC system, New windows and blinds, new appliances, New water heater, water conditioner system, Reverse osmosis system to name a few. SOLAR ! The list goes on and on see why this should be your new home.

Last Agent to Sell the Property

Krzysztof Okolita

Real Broker License #SA671773000 Listed on: 06/18/2021

Real Broker

Last Buyer's Agent

Jeyanthi Muthukaruppan

Dow Realty License #BR694257000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 2005

Lot Details

  • 4,631 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Wiring Updated in 2021
  • Water Purifier
  • High Speed Internet

Additional Features

  • Remote Devices
  • Solar Power System

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 304-46-101

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Comm Ass., Association, Phone Number (480) 726-8080
  • Built by Southwest Homes
  • Spectrum At Val Vista Parcel 22 Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 2005

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Cross Street: Pecos and Val Vista
  • 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: 72.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2020
  • Directions: From Val Vista head West on Pecos to Passion dr. turn North Quick left on to Frances to home on north side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: SPECTRUM AT VAL VISTA PARCEL 22
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 216.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Appliances: Water Purifier
  • Accessibility Features: Remote Devices
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1960.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Biking/Walking Path
  • Association Fee: 216.0
  • Association Fee Frequency: Quarterly
  • Association Name: Spectrum Comm Ass.,
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Spectrum Comm Ass.,
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4631.0
  • Parcel #: 304-46-101

Building Info

  • Builder Name: Southwest Homes

Tax Info

  • Tax Annual Amount: 1976.0
  • Tax Book Number: 304.00
  • Tax Lot: 80
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Selvanayakam Arumugam and Subramanian Malathi
Bought by
As Family Revocable Trust and Selvanayakam
Current Estimated Value
$511,501

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 21, 2021
Sold by
Maddalozzo Gianni F
Bought by
Selvanayakam Arumugam and Subramanian Malathi
Seller's Agent
Krzysztof Okolita
Real Broker
Buyer's Agent
Jeyanthi Muthukaruppan
Dow Realty
List Price
$475,000
Sold Price
$481,000
Premium/Discount to List
$6,000
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$456,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2011
Closed on
Dec 7, 2011
Sold by
Carrejo Juan P and Beben Cassandra C
Bought by
Maddalozzo Gianni F
Seller's Agent
Travis Schreiner
Schreiner Realty
Buyer's Agent
Wendy Wagner
RE/MAX Foothills
Sold Price
$1,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Sales Villa Lante
Bought by
Carrejo Juan P and Beben Cassandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Carrejo Asterida
Bought by
Carrejo Juan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Villa Lante Llc
Bought by
Villa Lante Sales Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
As Family Revocable Trust -- --
Selvanayakam Arumugam $481,000 Great American Ttl Agcy Inc
Maddalozzo Gianni F $137,500 First Arizona Title Agency
Carrejo Juan P $241,673 Chicago Title Insurance Co
Carrejo Juan P -- Chicago Title Insurance Co
Villa Lante Sales Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selvanayakam Arumugam $456,000
Previous Owner Maddalozzo Gianni F $110,000
Previous Owner Carrejo Juan P $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $481,000 +1.3% $245 / Sq Ft
06/16/2021 06/16/21 For Sale $475,000 0.0% $242 / Sq Ft
06/01/2015 06/01/15 Rented $1,250 0.0% --
04/24/2015 04/24/15 Under Contract -- -- --
04/18/2015 04/18/15 For Rent $1,250 +4.2% --
03/05/2014 03/05/14 Rented $1,200 -4.0% --
02/28/2014 02/28/14 Under Contract -- -- --
01/13/2014 01/13/14 For Rent $1,250 0.0% --
02/01/2013 02/01/13 Rented $1,250 0.0% --
01/16/2013 01/16/13 Under Contract -- -- --
01/03/2013 01/03/13 For Rent $1,250 0.0% --
01/23/2012 01/23/12 Rented $1,250 -3.8% --
01/20/2012 01/20/12 Under Contract -- -- --
12/19/2011 12/19/11 For Rent $1,300 -- --
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 $1,552 $21,097 -- --
2024 $1,662 $20,092 -- --
2023 $1,662 $35,280 $7,050 $28,230
2022 $1,612 $26,800 $5,360 $21,440
2021 $2,006 $25,760 $5,150 $20,610
2020 $1,976 $23,010 $4,600 $18,410
2019 $1,837 $21,570 $4,310 $17,260
2018 $1,786 $20,510 $4,100 $16,410
2017 $1,728 $19,820 $3,960 $15,860
2016 $1,758 $19,470 $3,890 $15,580
2015 $1,614 $19,020 $3,800 $15,220
Source: Public Records

Agents Affiliated with this Home

  • Krzysztof Okolita

    Seller's Agent in 2021

    Krzysztof Okolita

    Real Broker

    (480) 722-9800

    2 in this area

    302 Total Sales

    Krzysztof Okolita
    Section Image
  • Jeyanthi Muthukaruppan

    Buyer's Agent in 2021

    Jeyanthi Muthukaruppan

    Dow Realty

    (520) 971-4842

    1 in this area

    17 Total Sales

    Jeyanthi Muthukaruppan
    Section Image

  • L

    Seller's Agent in 2015

    Linda Holdridge

    Real Broker

    (602) 697-7308

    4 Total Sales

    Linda Holdridge
    Section Image
  • Victoria Schreiner

    Seller Co-Listing Agent in 2014

    Victoria Schreiner

    Schreiner Realty

    (480) 688-1922

    36 Total Sales

    Victoria Schreiner
    Section Image

  • B

    Buyer's Agent in 2014

    Brianne Morgan

    Arizona Premier Realty Homes & Land, LLC

  • T

    Seller's Agent in 2012

    Travis Schreiner

    Schreiner Realty

    (480) 329-1234

    22 Total Sales

    Travis Schreiner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6251606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-101

Arizona Maricopa County Gilbert 85295 San Tan Village

1230 E Frances Ln, Gilbert, AZ

This home is located at 1230 E Frances Ln, Gilbert, AZ 85295 since 18 June 2021 and is currently estimated at $511,501, approximately $260 per square foot. This property was built in 2005. 1230 E Frances Ln is a home located in Maricopa County with nearby schools including Spectrum Elementary School, Campo Verde High School, and South Valley Jr. High School.

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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