Seller's Agent in 2026
Richard Harless
AZ Flat Fee
(480) 485-4881
10 in this area
837 Total Sales
1501 E Rakestraw Ln Gilbert, AZ 85298
South Gilbert Neighborhood
4
Beds
3.5
Baths
3,173
Sq Ft
6,098
Sq Ft Lot
Highlights
- Two Primary Bedrooms
- Reverse Osmosis System
- Clubhouse
- Willie & Coy Payne Jr. High School Rated A
- Two Primary Bathrooms
- Contemporary Architecture
About This Home
As of March 2026Welcome to Waterston! - Luxury Living in a Prestigious Gated Community! Step into elegance and comfort with this stunning 4-bedroom, 3.5-bath home, complete with a dedicated office and a spacious loft, thoughtfully designed for modern living. With $90K in premium upgrades, this residence combines style, function, and an exceptional lifestyle. A charming curb appeal sets the tone with a 2-car garage, paver driveway, and stylish stone accents. Inside, the impressive open floor plan showcases contemporary design elements, abundant natural light, plantation shutters, surround sound, and a striking wall-mounted fireplace. The gourmet kitchen is a chef's dream - featuring stainless steel appliances, a gas cooktop, tile backsplash, quartz countertops, ample cabinetry with crown moulding, . . . recessed and pendant lighting, and a large prep island with breakfast bar seating. Upstairs, enjoy a versatile loft, perfect for a media room, playroom, or secondary office space. The serene primary suite offers plush carpeting, a spa-like ensuite with dual vanities, a soaking tub, and a generous walk-in closet. A second main bedroom and an open den provide even more flexibility for guests or multi-generational living. Spacious backyard is complete with a gorgeous green turf including a putting green and offers an amazing covered patio, with an outdoor kitchen with a built-in BBQ, warming drawer, refrigerator and plenty of countertop/serving space. What's not to like? A deal like this surely won't last! It's New...It's Move-in Ready. It can be Yours! Located in one of Gilbert's most desirable gated communities, this home offers outstanding security, privacy, and resort-style amenities. Schools - Gilbert Schools are Top Rated...plus just minutes from the best dining, shopping, entertainment, and outdoor recreation that Gilbert, Arizona has to offer!
Last Agent to Sell the Property
AZ Flat Fee License #SA672256000 Listed on: 12/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,367
Year Built
- Built in 2023
Lot Details
- 5,968 Sq Ft Lot
- Back Yard Fenced
- Artificial Turf
- Front and Back Yard Sprinklers
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Tile Roof
- Stone Exterior Construction
- Stucco
- Stone
Interior Spaces
- 3,173 Sq Ft Home
- 2-Story Property
- Wired For Sound
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- Pendant Lighting
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Low Emissivity Windows
- Plantation Shutters
- Window Screens
- Great Room
- Living Room with Fireplace
- Formal Dining Room
- Loft
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Electric Oven
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
- Reverse Osmosis System
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Double Master Bedroom
- Walk-In Closet
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
- North or South Exposure
- Watersense Fixture
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Robert J.C. Rice Elementary School
- Perry High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Programmable Thermostat
- 220 Volts in Kitchen
- Natural Gas Connected
- Tankless Water Heater
- Water Purifier
- Water Softener
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 155
- Assessor Parcel Number 313-33-633
Community Details
Overview
- Association fees include ground maintenance
- Waterston Association, Phone Number (602) 437-4777
- Built by Tri Pointe Homes
- Waterston North Phase 1 Subdivision
Amenities
- Clubhouse
Recreation
- Community Playground
- Community Spa
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2025
Closed on
Mar 1, 2026
Sold by
Vineeta Chakraborty and Saudip Chattopadhyay
Bought by
Park Jonghwa and Moon Minkyoung
Seller's Agent
Richard Harless
AZ Flat Fee
Buyer's Agent
Mike Jung
SK Realty
List Price
$845,000
Sold Price
$835,000
Premium/Discount to List
-$10,000
-1.18%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$668,000
Outstanding Balance
$667,343
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$170,880
Purchase Details
Closed on
May 24, 2023
Sold by
Tri Pointe Homes Arizona 91 Llc
Bought by
Chakraborty Vineeta and Chattopadhyay Saudip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,250
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2022
Sold by
Waterston North-Gilbert Lp
Bought by
Tri Pointe Homes Arizona 91 Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $835,000 | Chicago Title Agency | |
| Special Warranty Deed | $758,785 | None Listed On Document | |
| Special Warranty Deed | $16,815,686 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $668,000 | New Conventional | |
| Previous Owner | $713,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $835,000 | -1.2% | $263 / Sq Ft |
| 02/24/2026 02/24/26 | Price Changed | $845,000 | 0.0% | $266 / Sq Ft |
| 01/15/2026 01/15/26 | Pending | -- | -- | -- |
| 12/15/2025 12/15/25 | For Sale | $845,000 | -- | $266 / 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 | $2,367 | $30,426 | -- | -- |
| 2024 | $266 | $28,978 | -- | -- |
| 2023 | $266 | $12,360 | $12,360 | $0 |
| 2022 | $258 | $4,185 | $4,185 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Harless
-
Kim Leighton
Seller Co-Listing Agent in 2026
Kim Leighton
AZ Flat Fee
(602) 999-4228
2 in this area
43 Total Sales
-
Mike Jung
Buyer's Agent in 2026
Mike Jung
SK Realty
(480) 371-8550
6 in this area
43 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6958168
APN: 313-33-633
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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