NOT LISTED FOR SALE

1261 S Colonial Dr Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $473,000 - $498,000

3 Beds
2.5 Baths
1,521 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $240,000 $158 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,764/month

18 Days on Market

Highlights

  • Heated Spa
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Mesquite Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of September 2016

Beautiful Shea Home in centrally located Lindsay Ranch ** Enter to this light and bright great room floor plan with pebble tech swimming pool and spa ** Kitchen features include breakfast bar plus eating area, stainless steel appliances including refrigerator, built-in microwave, pantry, and recessed lighting ** Inside laundry room with cabinets **
Double sinks and walk-in closet in master bathroom ** Large grassy play area surrounds pool and spa, plus removable safety fence is included ** All this plus blinds throughout, ceiling fans, new tile floors downstairs, soft water loop, and full security system ** This beautiful home is ready for your buyer to move in

Last Agent to Sell the Property

Maggie Diamond

Penfield Properties License #BR106394000 Listed on: 07/24/2016

Last Buyer's Agent

Kristen Shepherd

Gentry Real Estate License #SA529317000

Gentry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1996

Lot Details

  • 5,401 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,521 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Security System Owned
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mesquite Elementary School - Gilbert
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 304-25-224

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Management Association, Phone Number (480) 345-0046
  • Built by SHEA HOMES
  • Lindsay Ranch Unit 1 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay / Ray
  • 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: 42.33
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: N. Lindsay ** E. Orchid **N. Heritage ** E. Sheffield ** Sheffield ends at Colonial
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: LINDSAY RANCH UNIT 1
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 127.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1521.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Lindsey Ranch HOA
  • Phone: 480-345-0046
  • 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: Lindsey Ranch HOA
  • Association Fees:HOA Telephone4: 480-345-0046
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM Management
  • Association Fees:HOA Management Phone: 480-345-0046
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Mesquite Elementary School - Gilbert
  • High School: Campo Verde High School
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5401.0
  • Parcel #: 304-25-224
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: SHEA HOMES

Tax Info

  • Tax Annual Amount: 1250.0
  • Tax Book Number: 304.00
  • Tax Lot: 35
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2016
Closed on
Sep 2, 2016
Sold by
Frisby Michael and Frisby Sara
Bought by
Mccoy Jack Jeremiah and Mccoy Jeanette Brooke
Seller's Agent
Maggie Diamond
Penfield Properties
Buyer's Agent
Kristen Shepherd
Gentry Real Estate
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Current Estimated Value
$484,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,185
Avg. Annual Appreciation
8.31%
Original Mortgage
$235,653
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 18, 2015
Closed on
Jan 25, 2016
Sold by
Cornejo Alonso
Bought by
Frisby Ii Michael and Titus Sara
Seller's Agent
Bob Verolini
Realty ONE Group
Buyer's Agent
Mark and Mel Bonds
eXp Realty
List Price
$228,500
Sold Price
$228,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$217,075
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Pierce Jessica M and Leppert Jessica M
Bought by
Cornejo Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2001
Sold by
Karis Carl D and Karis Nicole L
Bought by
Leppert Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,450
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2000
Sold by
Sullivan Michael J and Sullivan Carrie A
Bought by
Karis Carl D and Karis Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,425
Interest Rate
8.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1997
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Sullivan Michael J and Johnson Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,225
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1996
Sold by
Shea Homes Ltd Partnership
Bought by
Shea Homes Arizona Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
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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
Mccoy Jack Jeremiah $240,000 Empire West Title Agency
Frisby Ii Michael $228,500 Fidelity Natl Title Agency
Cornejo Alonso $265,000 Stewart Title & Trust Of Pho
Leppert Jessica M $151,000 --
Karis Carl D $141,500 --
Sullivan Michael J $111,651 First American Title
Shea Homes Arizona Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Jeanette $25,000
Open Mccoy Jack Jeremiah $268,000
Closed Mccoy Jack Jeremiah $247,200
Closed Mccoy Jack Jeremiah $235,653
Previous Owner Frisby Ii Michael $217,075
Previous Owner Cornejo Alonso $207,200
Previous Owner Pierce Jessica M $72,500
Previous Owner Leppert Jessica M $146,450
Previous Owner Karis Carl D $134,425
Previous Owner Sullivan Michael J $110,225
Closed Cornejo Alonso $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $240,000 -5.9% $158 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $255,000 -1.9% $168 / Sq Ft
07/23/2016 07/23/16 For Sale $260,000 +13.8% $171 / Sq Ft
02/05/2016 02/05/16 Sold $228,500 0.0% $150 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $228,500 0.0% $150 / Sq Ft
12/06/2013 12/06/13 Rented $1,350 -3.6% --
12/03/2013 12/03/13 Under Contract -- -- --
11/08/2013 11/08/13 For Rent $1,400 -- --
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 $1,515 $20,564 -- --
2024 $1,527 $19,584 -- --
2023 $1,527 $34,310 $6,860 $27,450
2022 $1,478 $25,830 $5,160 $20,670
2021 $1,561 $24,370 $4,870 $19,500
2020 $1,536 $22,470 $4,490 $17,980
2019 $1,413 $20,810 $4,160 $16,650
2018 $1,371 $19,080 $3,810 $15,270
2017 $1,324 $17,810 $3,560 $14,250
2016 $1,365 $16,960 $3,390 $13,570
2015 $1,250 $16,170 $3,230 $12,940
Source: Public Records

Agents Affiliated with this Home

  • Maggie Diamond

    Seller's Agent in 2016

    Maggie Diamond

    Penfield Properties

    (602) 999-9991

    3 in this area

    83 Total Sales

    Maggie Diamond
    Section Image

  • B

    Seller's Agent in 2016

    Bob Verolini

    Realty One Group

  • K

    Buyer's Agent in 2016

    Kristen Shepherd

    Gentry Real Estate

    (480) 788-8038

    1 Total Sale

    Kristen Shepherd
    Section Image
  • Mark and Mel Bonds

    Buyer's Agent in 2016

    Mark and Mel Bonds

    eXp Realty

    (480) 861-1883

    1 in this area

    38 Total Sales

    Mark and Mel Bonds
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Bonds

    Red Brick Realty, LLC

  • P

    Seller's Agent in 2013

    Patrick Homer

    JK Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5474837

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-25-224

Arizona Maricopa County Gilbert 85296 East Gilbert

1261 S Colonial Dr, Gilbert, AZ

This home is located at 1261 S Colonial Dr, Gilbert, AZ 85296 since 24 July 2016 and is currently estimated at $484,185, approximately $318 per square foot. This property was built in 1996. 1261 S Colonial Dr is a home located in Maricopa County with nearby schools including Mesquite Elementary School, South Valley Jr. High School, and Campo Verde 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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