Seller's Agent in 2025
Matthew Long
Realty Executives
(480) 330-6788
1 in this area
166 Total Sales
1479 E Rakestraw Ln Gilbert, AZ 85298
South Gilbert NeighborhoodEstimated Value: $889,000 - $899,000
4
Beds
3.5
Baths
3,173
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Gated Community
- Contemporary Architecture
- Granite Countertops
- Weinberg Gifted Academy Rated A+
- Corner Lot
- Heated Community Pool
About This Home
As of September 2025Beautiful single family home featured in the highly desirable private community of Waterstone North located in Gilbert, AZ. This newly built home incorporates a subtle balance of contemporary finishes with a modern farmhouse design. The home offers 4 bedrooms, +Den, 3.5 full baths, an open concept [3,173 sq ft] floor plan, upgraded kitchen w/ shaker cabinetry, quartz countertops, ss appliances, spacious (eat-in) center island, gas cooking, and scullery/pantry. Additional home details will also include 9ft+ ceilings, dedicated dining space, spacious [great room] living space, tile plank [pale oak wood look] flooring, modern plumbing/lighting fixtures, and lots of windows offering great natural light throughout the living spaces. The master retreat boasts spacious sleeping quarters, an.. ensuite w/ dual vanity, large step-in shower, and walk-in closet. Lastly, the home features a 2-car tandem garage, highly desirable corner lot, private backyard featuring an extended covered patio space, artificial turf, and low maintenance landscaping--perfect for entertaining family and friends. Waterstone North is a private gated community offering residents scenic walking paths, green spaces, playgrounds, and a community pool. Community is within close proximity to downtown Gilbert, Chandler Fashion Square, and Gilbert Mercy Hospital.
Last Agent to Sell the Property
Realty Executives Arizona Territory License #SA645379000 Listed on: 08/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $346
Year Built
- Built in 2024
Lot Details
- 7,607 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Grass Covered Lot
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Composition Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 3,173 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Easy To Use Faucet Levers
Schools
- Weinberg Gifted Academy Elementary School
- Perry High Middle School
- Perry High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Propane
- High Speed Internet
- Cable TV Available
Additional Features
- Doors with lever handles
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 157
- Assessor Parcel Number 313-33-635
Community Details
Overview
- Association fees include ground maintenance
- Waterstone Community Association, Phone Number (602) 437-4777
- Built by TRI POINTE HOMES OF ARIZONA
- Waterston North Phase 1 Subdivision
Recreation
- Community Playground
- Heated Community Pool
- Community Spa
- Children's Pool
- Bike Trail
Additional Features
- Recreation Room
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2025
Closed on
Sep 23, 2025
Sold by
Yu Daniel Kyongsoo and Shin Ye Ji
Bought by
Mitchell Richard Allen and Mitchell Elizabeth
Seller's Agent
Matthew Long
Realty Executives Arizona Territory
Buyer's Agent
Kristy DeWitz
My Home Group Real Estate
List Price
$930,000
Sold Price
$900,000
Premium/Discount to List
-$30,000
-3.23%
Views
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,044
Avg. Annual Appreciation
-2.22%
Original Mortgage
$309,000
Outstanding Balance
$309,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$585,956
Purchase Details
Closed on
May 31, 2024
Sold by
Tri Pointe Homes Az 91 Llc
Bought by
Yu Daniel Kyongsoo and Shin Ye Ji
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,120
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2024
Sold by
Tri Pointe Homes Az 91 Llc
Bought by
Yu Daniel Kyongsoo and Shin Ye Ji
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,120
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2024
Sold by
Waterston North-Gilbert Lp
Bought by
Tri Pointe Homes Az 91 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Richard Allen | $900,000 | Az Title Agency | |
| Yu Daniel Kyongsoo | $811,709 | None Listed On Document | |
| Yu Daniel Kyongsoo | $811,709 | None Listed On Document | |
| Tri Pointe Homes Az 91 Llc | $6,259,309 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Richard Allen | $309,000 | |
| Closed | Mitchell Richard Allen | $309,000 | |
| Previous Owner | Yu Daniel Kyongsoo | $771,120 | |
| Previous Owner | Yu Daniel Kyongsoo | $771,120 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $900,000 | -3.2% | $284 / Sq Ft |
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | For Sale | $930,000 | -- | $293 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,597 | $3,400 | $3,400 | -- |
| 2024 | $339 | $3,238 | $3,238 | -- |
| 2023 | $339 | $15,195 | $15,195 | $0 |
| 2022 | $330 | $5,340 | $5,340 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Long
-
Kristy DeWitz
Buyer's Agent in 2025
Kristy DeWitz
My Home Group Real Estate
(480) 773-4779
7 in this area
537 Total Sales
-
Nick DeWitz
Buyer Co-Listing Agent in 2025
Nick DeWitz
My Home Group Real Estate
(480) 299-1796
2 in this area
66 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6903522
APN: 313-33-635
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.
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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