NOT LISTED FOR SALE

1491 S Loren Ln Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $487,000 - $616,000

3 Beds
2.5 Baths
2,267 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $365,990 $161 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,287/month

2 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Covered Patio or Porch
  • Settlers Point Elementary School Rated A-
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of August 2019

This beautiful home features an open concept floor plan with 9-ft. first-floor ceilings and a generous great room. The gourmet kitchen offers 42-in. upper cabinets, granite countertops, a center island, and Whirlpool® stainless steel appliances, including a gas cooktop and double oven. You'll also find a private den and a powder room on the first floor. Moving upstairs, a spacious loft is perfect for movie nights or as a game room. The master suite features a walk-in closet, and the master bath boasts a double shower and a dual-sink vanity. Additional features include upgraded tile flooring in the main living areas and Shaw® carpeting in the bedrooms, Sherwin-Williams® paint, Moen® WaterSense® kitchen and bath fixtures, Generation Lighting fixtures, SmartKey® front door hardware.

Last Agent to Sell the Property

Kristine Smith

KB Home Sales License #BR639920000 Listed on: 05/29/2019

Last Buyer's Agent

Kalyani Patibandla

HomeSmart License #SA670349000

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 4,998 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 2,267 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Schools

  • Settler's Point Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater

Additional Features

  • No or Low VOC Paint or Finish
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 313-18-885

Community Details

Overview

  • Association fees include front yard maint, ground maintenance
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by KB Home
  • Cobblestone Villas Subdivision

Recreation

  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Cross Street: Gilbert Road and Ray Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 115.0
  • Cooling HVAC SEER Rating: 16
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: COBBLESTONE VILLAS
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 161.44
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Stub for Range, Gas Oven, Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, 9+ Flat Ceilings
  • Living Area: 2267.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Vinyl Frame, Dual Pane

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Front, Sprinklers In Front, Dirt Back, Auto Timer H2O Front
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Two Levels, No Common Walls
  • Construction Type: Wood Frame, Painted, Stucco, Low VOC Paint
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Management
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 230.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2: 230.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Front Yard Maint, Maintenance Grounds

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4998.0
  • Parcel #: 313-18-885

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Low-Flow Fixtures

Building Info

  • Builder Name: KB Home

Tax Info

  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Pedapati Bharani and Pedapati Suneeta
Bought by
Bharani And Suneeta Pedapati Revocable Living and Pedapati
Current Estimated Value
$567,014

Purchase Details

Closed on
Jul 7, 2022
Sold by
Patibandla Vijay K and Patibandla Kalyani
Bought by
Pedapati Bharani and Pedapati Suneeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 22, 2019
Sold by
Kb Hoemsales Phoenix Inc
Bought by
Patibandla Vijay K and Patibandla Kalyani
Seller's Agent
Kristine Smith
KB Home Sales
Buyer's Agent
Kalyani Patibandla
HomeSmart
List Price
$365,990
Sold Price
$365,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$272,107
Interest Rate
3.8%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Bharani And Suneeta Pedapati Revocable Living -- None Listed On Document
Pedapati Bharani $610,000 Security Title
Patibandla Vijay K $365,990 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedapati Bharani $285,000
Previous Owner Patibandla Vijay K $272,107
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $365,990 0.0% $161 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $365,990 -- $161 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,665 $29,143 -- --
2024 $2,562 $27,755 -- --
2023 $2,562 $45,550 $9,110 $36,440
2022 $2,491 $33,850 $6,770 $27,080
2021 $2,577 $32,670 $6,530 $26,140
2020 $2,539 $32,620 $6,520 $26,100
2019 $226 $5,385 $5,385 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kristine Smith

    KB Home Sales

    (602) 282-9325

    459 Total Sales

    Kristine Smith
    Section Image

  • K

    Buyer's Agent in 2019

    Kalyani Patibandla

    HomeSmart

    (480) 285-3660

    47 Total Sales

    Kalyani Patibandla
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5932184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-885

Arizona Maricopa County Gilbert 85295 Heritage District

1491 S Loren Ln, Gilbert, AZ

Not Listed for Sale

Detached

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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