Seller's Agent in 2025
Michelle Colbert
eXp Realty
(480) 270-4404
3 in this area
327 Total Sales
1517 E Rakestraw Ln Gilbert, AZ 85298
South Gilbert Neighborhood
4
Beds
3
Baths
2,939
Sq Ft
5,967
Sq Ft Lot
Highlights
- Gated Community
- Community Lake
- Granite Countertops
- Willie & Coy Payne Jr. High School Rated A
- Santa Barbara Architecture
- Lap or Exercise Community Pool
About This Home
As of November 2025Welcome to this stunning 4-bedroom, 3-bath home with a loft, nestled inside a sought-after gated community. From the moment you step inside, you'll notice the attention to detail and thoughtful upgrades throughout. The first floor offers a full bedroom and bath, perfect for guests, in-laws, or a private home office. The chef's kitchen is designed to impress with dramatic porcelain tile backsplash reaching the ceiling in giant slabs, striking waterfall counters, double ovens, a walk-in pantry, and a custom trash drawer. The included refrigerator makes it move-in ready. Luxury vinyl plank flooring carries through the main level, complemented by white wood shutters for a clean and timeless look. Upstairs, the spacious loft offers versatility while granite countertops elevate the bathrooms, with the exception of the other bath. Step outside to a backyard built for entertaining and relaxation. A soothing water feature, shaded pergola, artificial turf, trellis accents, planter boxes, and sun screens create a private oasis. Whether hosting gatherings or enjoying a quiet evening, this outdoor space delivers. Additional highlights include a 2-car garage with epoxy flooring, Tesla charger, and included washer and dryer. With its thoughtful design, luxury finishes, and resort-style outdoor living, this home is ready to welcome you as it's next owner.
Last Agent to Sell the Property
eXp Realty License #SA668958000 Listed on: 09/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 2023
Lot Details
- 5,967 Sq Ft Lot
- Desert faces the front of the property
- Block Wall Fence
- Artificial Turf
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,939 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Built-In Electric Oven
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Schools
- Robert J.C. Rice Elementary School
- Willie & Coy Payne Jr. High Middle School
- Perry High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- North or South Exposure
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 153
- Assessor Parcel Number 313-33-631
Community Details
Overview
- Association fees include ground maintenance
- City Property Mgmt Association, Phone Number (602) 437-4777
- Built by Tri Pointe Homes
- Waterston North Phase 1 Subdivision
- Electric Vehicle Charging Station
- Community Lake
Recreation
- Community Playground
- Lap or Exercise Community Pool
- Children's Pool
- Bike Trail
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2025
Closed on
Oct 28, 2025
Sold by
Nekkalapudi Chaitanya and Sagariya Sneha
Bought by
Chen Mei
Seller's Agent
Michelle Colbert
eXp Realty
Buyer's Agent
Cui Qun Dong
West USA Realty
List Price
$789,900
Sold Price
$789,900
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.36%
Original Mortgage
$546,000
Outstanding Balance
$545,484
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$238,800
Purchase Details
Closed on
Jun 20, 2023
Sold by
Maracay 91 Llc
Bought by
Nekkalapudi Chaitanya and Sagariya Sneha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,075
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2023
Sold by
Waterston North-Gilbert Lp
Bought by
Tri Pointe Homes Arizona 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $789,900 | Chicago Title Agency | |
| Special Warranty Deed | $692,306 | None Listed On Document | |
| Special Warranty Deed | $4,721,580 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,000 | FHA | |
| Previous Owner | $623,075 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | Sold | $789,900 | 0.0% | $269 / Sq Ft |
| 09/28/2025 09/28/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $789,900 | -- | $269 / 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 | $2,251 | $28,914 | -- | -- |
| 2024 | $266 | $27,538 | -- | -- |
| 2023 | $266 | $12,360 | $12,360 | $0 |
| 2022 | $258 | $4,185 | $4,185 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Colbert
-
Cui Qun Dong
Buyer's Agent in 2025
Cui Qun Dong
West USA Realty
(602) 738-2706
2 in this area
53 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6924528
APN: 313-33-631
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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