NOT LISTED FOR SALE

129 N Velma Dr Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $788,626

5 Beds
3 Baths
3,047 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

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

Est. 53% increase in value since last sale

Current estimated payment $4,552 / mo

6 Days on Market

Highlights

  • Play Pool
  • Sitting Area In Primary Bedroom
  • 0.29 Acre Lot
  • Playa Del Rey Elementary School Rated A-
  • Reverse Osmosis System
  • Vaulted Ceiling

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 Phoenix License #SA511063000 Listed on: 06/27/2019

Keller Williams Realty Phoenix

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

  • 12,733 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • 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

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,047 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • 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

0.29 Acres

HOA Fees

$42 per month

Parking

3

Listing Details

  • Cross Street: Elliot & McQueen
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 41.5
  • 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: SUMMER MEADOWS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 169.67
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Other Rooms:Other Rooms: Family Room, Great Room
  • Technology:Technology: Pre-Wire Srnd Snd, Cable TV Avail, High Speed Internet
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Reverse Osmosis, Gas Oven, Gas Range, Water Softener Owned
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Non-laminate Counter, High Speed Internet, Vaulted Ceiling(s), 9+ Flat Ceilings
  • Living Area: 3047.0
  • Stories: 2
  • Window Features: Solar Screens
  • Additional Bedroom:Additional Bedroom: Other Bedroom Downstairs, Master Bedroom Walk-in Closet, Master Bedroom Sitting Room
  • Dining Area:Dining Area: Formal, Eat-in Kitchen, Breakfast Room, Dining in LR/GR, Breakfast Bar
  • Interior Features:Interior Features: Vaulted Ceiling(s), 9+ Flat Ceilings, Water Softener Owned
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Pantry, Kitchen Island, Built-in Microwave, Reverse Osmosis, Non-laminate Counter, Gas Oven, Gas Range
  • Laundry:Laundry: Washer Hookup, Inside
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Private Toilet Room
  • Window Features:Window Features: Solar Screens

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes
  • Private Pool Features:Private Pool Features: Play Pool

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP, SW Gas

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Biking/Walking Path
  • 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 Transfer Fee2: 190.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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

Building Info

  • Builder Name: Shea Homes L P

Tax Info

  • Tax Annual Amount: 3029.0
  • Tax Lot: 64

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jul 3, 2019
Sold by
Bought by
Seller's Agent
Bill Olmstead
Keller Williams Realty Phoenix
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%
Current Estimated Value
$788,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,626
Avg. Annual Appreciation
6.23%
Original Mortgage
$387,200
Interest Rate
0.038%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$517,000 First American Title Ins Co
$205,140 First American Title
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $387,200
Previous Owner $151,000
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,557 $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

    3 in this area

    144 Total Sales

    Bill Olmstead
    Section Image
  • Joanne Brown

    Buyer's Agent in 2019

    Joanne Brown

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 225-4531

    59 Total Sales

    Joanne Brown
    Section Image
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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

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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