NOT LISTED FOR SALE

1525 S Loren Ln Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $523,972 - $566,000

3 Beds
2.5 Baths
1,916 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $576,000 $301 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,308/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Covered Patio or Porch
  • Settlers Point Elementary School Rated A-
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of April 2022

Must see this beautiful two-story home in the desirable Cobblestone Villas! Offering 3 bedrooms, 2.5 bathrooms, and a 2 car garage. Come inside to discover a welcoming great room, wood-look tile floors downstairs, neutral paint t/out, window treatments, sliding doors to the patio, and plush carpet in upper-level. Stainless steel appliances, granite counters, recessed lighting, Espresso cabinets, a pantry, and an island w/breakfast bar make this open-concept kitchen a cook's delight. Loft upstairs can be an office/TV area as well! Enter the main bedroom to find an ensuite with dual sinks & a walk-in closet. Relax in the private patio after a busy day! Community features a refreshing pool for year-round enjoyment. Close to shopping, schools, dining, & 202 Freeway! Ready to move in!

Last Agent to Sell the Property

Heather Hume

Realty ONE Group License #SA661058000 Listed on: 03/16/2022

Co-Listed By

Jay Lewis

Realty ONE Group License #SA551580000

Last Buyer's Agent

Bhavini Tewari

HomeSmart License #SA660338000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 2018

Lot Details

  • 3,080 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Settler's Point Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 313-18-895

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Mangement Association, Phone Number (480) 422-0888
  • Built by KB Homes
  • Cobblestone Villas Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 2018

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Cross Street: S Gilbert Rd & E Ray Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2021
  • Directions: Head north on S Gilbert Rd, Turn right onto E Constitution Dr, Turn right onto S Loren Ln, Property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: reog13
  • Co List Office Phone: 623-552-3773
  • Subdivision Name: COBBLESTONE VILLAS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 120.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1916.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Cobblestone Villas
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cobblestone Villas
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Mangement
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3080.0
  • Parcel #: 313-18-895

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1908.0
  • Tax Book Number: 313.00
  • Tax Lot: 23
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 13, 2022
Sold by
Das Tapan K and Das Jolly
Bought by
Oka Mihir Anil and Gokhale Neeraja Anil
Seller's Agent
Heather Hume
Realty ONE Group
Buyer's Agent
Bhavini Tewari
HomeSmart
List Price
$560,000
Sold Price
$576,000
Premium/Discount to List
$16,000
2.86%
Current Estimated Value
$556,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,391
Avg. Annual Appreciation
-1.11%
Original Mortgage
$448,000
Outstanding Balance
$426,128
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$128,787

Purchase Details

Closed on
Sep 13, 2021
Sold by
Das Tapan K
Bought by
Das Tapan K and Das Jolly

Purchase Details

Closed on
Apr 26, 2019
Sold by
Kb Home Phoenix Inc
Bought by
Kb Home Sales Phoenix Inc

Purchase Details

Closed on
Apr 22, 2019
Sold by
Kb Home Sales Phoenix Inc
Bought by
Das Tapan K

Purchase Details

Closed on
Jan 28, 2019
Sold by
Das Jolly
Bought by
Das Tapan K
Source: Public Records

Range of Values:

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Sold Price
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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
Oka Mihir Anil $576,000 Equitable Title
Das Tapan K -- None Available
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Das Tapan K $327,775 First American Title Ins Co
Das Tapan K -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oka Mihir Anil $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $576,000 +2.9% $301 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $560,000 -- $292 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,854 $25,554 -- --
2024 $1,863 $24,337 -- --
2023 $1,863 $39,700 $7,940 $31,760
2022 $1,806 $29,530 $5,900 $23,630
2021 $1,908 $28,470 $5,690 $22,780
2020 $1,879 $28,200 $5,640 $22,560
2019 $147 $3,390 $3,390 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heather Hume

    Realty One Group

    (480) 767-3000

    1 in this area

    84 Total Sales

    Section Image
  • Jay Lewis

    Seller Co-Listing Agent in 2022

    Jay Lewis

    Realty One Group

    (623) 451-3701

    1 in this area

    50 Total Sales

    Section Image
  • Bhavini Tewari

    Buyer's Agent in 2022

    Bhavini Tewari

    HomeSmart

    (734) 277-2269

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6371032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-895

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

1525 S Loren Ln, Gilbert, AZ

This home is located at 1525 S Loren Ln, Gilbert, AZ 85296 since 16 March 2022 and is currently estimated at $547,243, approximately $285 per square foot. This property was built in 2018. 1525 S Loren Ln is a home located in Maricopa County with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite High School.

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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