NOT LISTED FOR SALE

1462 E Rakestraw Ln Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $699,000 - $788,000

4 Beds
2.5 Baths
2,370 Sq Ft
$318/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2024

Last sale price $780,000 $329 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,506 / mo

94 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Granite Countertops
  • Willie & Coy Payne Jr. High School Rated A
  • Furnished
  • Heated Community Pool

About This Home

As of May 2024

Immaculate Orchard Model home featuring a Ranch elevation and furnishings included. The inviting exterior boasts professional landscaping in the front and back, a built in BBQ grill, North/South exposure, backs up to a greenbelt, and includes pavers at the front entry way and driveway. Features in the interior of the home include a Gourmet kitchen with GE Cafe profile appliances, light tone kitchen cabinetry with 42'' uppers, upgraded quartz countertops, a granite kitchen waterfall island, and upper and lower cabinets in the dining room. Upgraded plumbing fixtures and light fixtures, custom bath surrounds in the primary bath, shaw vinyl flooring, a sink with cabinets in the laundry room that includes a GE washer and dryer, soft water loop, and a service door at the garage.

Last Agent to Sell the Property

Craig Tucker

Tri Pointe Homes Arizona Realty License #BR040146000 Listed on: 01/23/2024

Last Buyer's Agent

Thomas Halverson

Realty ONE Group License #BR518060000

Realty ONE Group
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 2022

Lot Details

  • 7,068 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Schools

  • Robert J.C. Rice Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 313-33-641

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • City Property Association, Phone Number (602) 437-4777
  • Built by Tri Pointe Homes
  • Waterston North Phase 1 Subdivision, Orchard 3003 A Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,826

Year Built

Built in 2022

Lot Details

7,068 Sq Ft Lot

HOA Fees

$163 per month

Parking

2

Listing Details

  • Cross Street: NW Corner of Val Vista Dr. & Ocotillo Rd.
  • Legal Info Range: 6E
  • 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: 163.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Tax Year: 2023
  • Master Model: Orchard - 3003-A
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: WATERSTON NORTH PHASE 1
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 329.11
  • Association Fees:HOA Fee2: 163.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Smart Home, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Furnished(See Rmrks), Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2370.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Built In Recycling: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Back, Irrigation Front
  • Pool Features: None
  • Disclosures: None
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction:Blown Cellulose: Yes
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Playground, Biking/Walking Path
  • Association Fee: 163.0
  • Association Fee Frequency: Monthly
  • Association Name: Waterston Community
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 326.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Waterston Community
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 326.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 326.0
  • Association Fees:Other Fees HOA: 1630.0
  • Association Fees:Other Fees Description: Declarant Sale/Escrow Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Robert J.C. Rice Elementary School
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7068.0
  • Parcel #: 313-33-641

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Tankless Ht Wtr Heat
  • GreenEnergy Cert:Energy Star Cert: Yes
  • GreenEnergy Cert:Indoor airPLUS Pkg: Yes
  • GreenEnergy Cert:LEED Certified: Yes

Building Info

  • Builder Name: Tri Pointe Homes

Tax Info

  • Tax Annual Amount: 2826.0
  • Tax Book Number: 313.00
  • Tax Lot: 163
  • Tax Map Number: 33.00

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
Jan 23, 2024
Closed on
May 30, 2024
Sold by
Tri Pointe Homes Az 91 Llc
Bought by
Seller's Agent
Craig Tucker
Tri Pointe Homes Arizona Realty
Buyer's Agent
Thomas Halverson
Realty ONE Group
List Price
$863,741
Sold Price
$780,000
Premium/Discount to List
-$83,741
-9.7%
Views
70
Current Estimated Value
$753,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,026
Avg. Annual Appreciation
-1.50%
Original Mortgage
$390,000
Outstanding Balance
$380,147
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$373,827

Purchase Details

Closed on
Aug 26, 2022
Sold by
Waterston North-Gilbert Lp
Bought by
Tri Pointe Homes Arizona 91 Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Gilbert, AZ

  • Ruben Luna Real Estate Agent - eXp Realty

    Ruben Luna

    eXp Realty

    (623) 323-9793

    2,311 Total Sales

    2 in South Gilbert

    $770K - $1.3M Price Range

    Ruben Luna
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  • Lynette Clemens Real Estate Agent - Keller Williams Realty Sonoran Living

    Lynette Clemens

    Keller Williams Realty Sonoran Living

    (833) 558-7589

    151 Total Sales

    2 in South Gilbert

    $749K - $830K Price Range

    Lynette Clemens
     Section Image
  • Bryan Choate Real Estate Agent - eXp Realty

    Bryan Choate

    eXp Realty

    (480) 725-2014

    73 Total Sales

    2 in South Gilbert

    $545K - $850K Price Range

    Bryan Choate
     Section Image
  • Christine Bayer Real Estate Agent - Bayer Realty

    Christine Bayer

    Bayer Realty

    (623) 552-6186

    36 Total Sales

    2 in South Gilbert

    $720K - $779K Price Range

    Christine Bayer
     Section Image
  • Stephen Zimmerman Real Estate Agent - Fulton Grace Realty

    Stephen Zimmerman

    Fulton Grace Realty

    (623) 300-2166

    14 Total Sales

    1 in South Gilbert

    $630,000 Price

    Stephen Zimmerman
     Section Image
  • Thomas Speaks Real Estate Agent - West USA Realty

    Thomas Speaks

    West USA Realty

    (888) 814-0802

    58 Total Sales

    2 in South Gilbert

    $800K - $809K Price Range

    Thomas Speaks
     Section Image
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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
$780,000 None Listed On Document
Tri Pointe Homes Arizona 91 Llc $16,815,686 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 $390,000
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
05/30/2024 05/30/24 Sold $780,000 -5.9% $329 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $828,741 -4.1% $350 / Sq Ft
01/23/2024 01/23/24 For Sale $863,741 -- $364 / 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 $2,439 $31,314
2024 $2,826 $29,823
2023 $2,826 $49,830 $9,960 $39,870
2022 $305 $4,965 $4,965 $0
Source: Public Records

Agents Affiliated with this Home

  • CT

    Seller's Agent in 2024

    Craig Tucker

    Tri Pointe Homes Arizona Realty

    (480) 970-6000

    69 in this area

    513 Total Sales

    Craig Tucker
    Section Image

  • TH

    Buyer's Agent in 2024

    Thomas Halverson

    Realty One Group

    (480) 659-0839

    8 in this area

    43 Total Sales

    Thomas Halverson
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6654219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-33-641

Arizona Maricopa County Gilbert 85298 South Gilbert

1462 E Rakestraw Ln, 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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