NOT LISTED FOR SALE

Estimated Value: $545,109 - $581,000

3 Beds
2 Baths
1,934 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $219,000 $113 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,236/month

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Spectrum Elementary School Rated A
  • Double Pane Windows
  • Community Playground

About This Home

As of November 2016

SUPER RENTAL DEAL!! Rare SINGLE LEVEL beauty in the heart of Gilbert Shopping area. 3 bed + Den/office, 2 bath home. Professional landscaping. Features include 17'' tile, blinds and sun screens professionally installed to keep electricity bills to a minimum, upgraded distressed tiles, epoxy in garage, home is pre-wired for a security system, breakfast nook and court yard create a very unique floorplan AND walking distance to Spectrum Elementary school (an Excelling school). The Spectrum strip mall features Kohl's and Sprouts. Spectrum boasts wide open green belts, parks, children's play areas, tennis courts, volleyball courts, basketball courts, soft water installation, walking tracks. Close to San Tan Mall, Banner Hospitals, Intel and shopping.

Last Agent to Rent the Property

Venkata Narla

Lotus Real Estate License #BR548234000 Listed on: 09/07/2016

Last Renter's Agent

Jennifer Rogers

West USA Realty License #SA651682000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 2003

Lot Details

  • 8,059 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

  • Gilbert Elementary School
  • Spectrum Elementary Middle School
  • Campo Verde High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 9/30/16
  • 12-Month Minimum Lease Term
  • Tax Lot 48
  • Assessor Parcel Number 304-45-699

Community Details

Overview

  • Property has a Home Owners Association
  • The Spectrum Association, Phone Number (480) 726-8080
  • Built by Richmond American Homes
  • Spectrum At Val Vista Parcel 6 And 7 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,246

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2016-09-30

Listing Details

  • Cross Street: E Williams Field Road and S Val Vista Drive
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Rental Info H O A Name: The Spectrum
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Drive West on E Williams Field Road then turn South on S Palomino Creek Drive. Turn West on E Parkview. This property is the second house on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: SPECTRUM AT VAL VISTA PARCEL 6 AND 7
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, Separate Shwr & Tub
  • Living Area: 1934.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Name: The Spectrum
  • Phone: 480-726-8080
  • Association: Yes

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Spectrum Elementary

Lot Info

  • Lot Size Sq Ft: 8059.0
  • Parcel #: 304-45-699
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 48
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Oct 26, 2012
Sold by
Hariharan Sridhar and Hariharan Gayathri Sridhar
Bought by
Rajasekaran Vidyalakshmi
Seller's Agent
Kiran Vedantam
Kosh Realty
Buyer's Agent
Kiran Vedantam
Kosh Realty
List Price
$239,900
Sold Price
$219,000
Premium/Discount to List
-$20,900
-8.71%
Current Estimated Value
$559,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,527
Avg. Annual Appreciation
7.89%
Original Mortgage
$197,100
Outstanding Balance
$138,873
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$440,519

Purchase Details

Closed on
Mar 21, 2005
Sold by
Hariharan Sridhar
Bought by
Hariharan Sridhar and Hariharan Gayathri Sridhar

Purchase Details

Closed on
Feb 18, 2004
Sold by
Sundaresan Iyer Gayathri
Bought by
Hariharan Sridhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,180
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Capital Pacific Holdings Llc
Bought by
Hariharan Sridhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,180
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Rajasekaran Vidyalakshmi $219,000 Lawyers Title Of Arizona Inc
Hariharan Sridhar -- Lawyers Title Of Arizona Inc
Hariharan Sridhar -- --
Hariharan Sridhar -- First American Title Ins Co
Hariharan Sridhar $189,664 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajasekaran Vidyalakshmi $197,100
Previous Owner Hariharan Sridhar $55,000
Previous Owner Hariharan Sridhar $40,000
Previous Owner Hariharan Sridhar $18,000
Previous Owner Hariharan Sridhar $180,180
Previous Owner Hariharan Sridhar $180,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Rented $1,390 0.0% --
10/04/2016 10/04/16 Off Market $1,390 -- --
09/29/2016 09/29/16 Price Changed $1,390 -4.1% $1 / Sq Ft
09/07/2016 09/07/16 For Rent $1,450 0.0% --
06/11/2016 06/11/16 Rented $1,450 0.0% --
06/06/2016 06/06/16 Under Contract -- -- --
06/04/2016 06/04/16 For Rent $1,450 +7.4% --
01/07/2014 01/07/14 Rented $1,350 0.0% --
01/03/2014 01/03/14 Under Contract -- -- --
12/26/2013 12/26/13 For Rent $1,350 -3.2% --
09/28/2013 09/28/13 Rented $1,395 0.0% --
09/21/2013 09/21/13 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $1,395 0.0% --
10/31/2012 10/31/12 Sold $219,000 0.0% $113 / Sq Ft
09/27/2012 09/27/12 Rented $1,400 0.0% --
09/18/2012 09/18/12 Under Contract -- -- --
09/14/2012 09/14/12 Pending -- -- --
09/06/2012 09/06/12 For Rent $1,400 0.0% --
08/18/2012 08/18/12 Price Changed $230,000 -4.1% $119 / Sq Ft
08/10/2012 08/10/12 For Sale $239,900 -- $124 / 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 $2,246 $25,173 -- --
2024 $2,256 $23,974 -- --
2023 $2,256 $39,420 $7,880 $31,540
2022 $2,195 $29,650 $5,930 $23,720
2021 $2,263 $27,920 $5,580 $22,340
2020 $2,229 $26,070 $5,210 $20,860
2019 $2,072 $23,880 $4,770 $19,110
2018 $2,014 $22,610 $4,520 $18,090
2017 $1,949 $21,350 $4,270 $17,080
2016 $1,983 $20,830 $4,160 $16,670
2015 $1,820 $19,900 $3,980 $15,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5494202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-45-699