NOT LISTED FOR SALE

129 N Velma Dr Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $769,000 - $851,000

5 Beds
3 Baths
3,047 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $517,000 $170 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,766/month

6 Days on Market

Highlights

  • Play Pool
  • 0.29 Acre Lot
  • Tennis Courts
  • Playa Del Rey Elementary School Rated A-
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of July 2019

NEWLY UPDATED 5BD/3BA w/PEBBLE TEC POOL! This modern farmhouse-inspired home sits on an OVER-SIZED CUL-DE-SAC lot! 3-CAR GARAGE! 2 NEW TRANE 14-SEER AC UNITS JUNE 2019! NEW PAINT INSIDE & OUT! NEW FLOORING & CARPET T/O! High ceilings & plenty of windows make this home OPEN & BRIGHT! Kitchen features NEW SS appliances, NEW QUARTZ counters & LG island w/breakfast bar. SPACIOUS master suite w/quartz counters & dual walk-in closets. Downstairs bdrm. Ceiling fans t/0. HUGE LUSH backyard boasts mature citrus trees, raised garden beds & grassy space perfect for outdoor fun w/family & friends! Community w/children's playground & sport courts. Close to DOWNTOWN GILBERT, McQueen Park, US60 & more! **Exclusive opportunity to save thousands on this purchase! Ask your agent for more details!

Last Agent to Sell the Property

Bill Olmstead

Keller Williams Realty East Valley License #SA511063000 Listed on: 06/27/2019

Keller Williams Realty East Valley

Last Buyer's Agent

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties License #SA550216000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,029

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,047 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered patio or porch

Schools

  • Playa Del Rey Elementary School
  • Mesquite Elementary School - Gilbert Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 310-09-218

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Comm Mgmt Association, Phone Number (480) 704-2900
  • Built by Shea Homes L P
  • Summer Meadows Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,029

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Cross Street: Elliot & McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 41.5
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2018
  • Directions: East on Elliot. North (left) on Cambridge. West (left) on Washington Ave (curves into Velma Dr) to property on right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: SUMMER MEADOWS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 249.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3047.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: 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 Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • 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: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 249.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Summer Meadows HOA
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Summer Meadows HOA
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Comm Mgmt
  • Association Fees:HOA Management Phone: 480-704-2900
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Playa Del Rey Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Elementary School - Gilbert

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12733.0
  • Parcel #: 310-09-218
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes L P

Tax Info

  • Tax Annual Amount: 3029.0
  • Tax Book Number: 310.00
  • Tax Lot: 64
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jul 3, 2019
Sold by
Scurei Walter G and Scurei Theresa A
Bought by
Celestine Sheldon P and Batson Celestine Natasha A
Seller's Agent
Bill Olmstead
Keller Williams Realty East Valley
Buyer's Agent
Joanne Brown
Berkshire Hathaway HomeServices Arizona Properties
List Price
$500,000
Sold Price
$517,000
Premium/Discount to List
$17,000
3.4%
Total Days on Market
6
Current Estimated Value
$804,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,968
Avg. Annual Appreciation
7.85%
Original Mortgage
$387,200
Outstanding Balance
$264,082
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$540,886

Purchase Details

Closed on
Jun 9, 1998
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Scurei Walter G and Scurei Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1998
Sold by
Shea Homes Ltd Partnership
Bought by
Shea Homes Arizona Ltd Partnership
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
Celestine Sheldon P $517,000 First American Title Ins Co
Scurei Walter G $205,140 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celestine Sheldon P $387,200
Previous Owner Scurei Greg $151,000
Previous Owner Scurei Walter G $170,000
Previous Owner Scurei Walter G $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $517,000 +3.4% $170 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $500,000 -- $164 / 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 $2,461 $38,060 -- --
2024 $2,811 $36,248 -- --
2023 $2,811 $54,650 $10,930 $43,720
2022 $2,725 $41,020 $8,200 $32,820
2021 $2,878 $39,210 $7,840 $31,370
2020 $2,833 $37,030 $7,400 $29,630
2019 $3,112 $34,700 $6,940 $27,760
2018 $3,029 $32,160 $6,430 $25,730
2017 $2,931 $30,830 $6,160 $24,670
2016 $2,995 $30,300 $6,060 $24,240
2015 $2,743 $31,660 $6,330 $25,330
Source: Public Records

Agents Affiliated with this Home

  • Bill Olmstead

    Seller's Agent in 2019

    Bill Olmstead

    Keller Williams Realty East Valley

    (480) 776-5288

    2 in this area

    214 Total Sales

    Bill Olmstead
    Section Image
  • Joanne Brown

    Buyer's Agent in 2019

    Joanne Brown

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 225-4531

    70 Total Sales

    Joanne Brown
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5945048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-09-218

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

129 N Velma Dr, Gilbert, AZ

This home is located at 129 N Velma Dr, Gilbert, AZ 85233 since 27 June 2019 and is currently estimated at $804,968, approximately $264 per square foot. This property was built in 1998. 129 N Velma Dr is a home located in Maricopa County with nearby schools including Playa Del Rey Elementary School, Mesquite High School, and Mesquite Junior 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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