NOT LISTED FOR SALE

1534 S Malabar Ln Gilbert, AZ 85296

Agritopia Neighborhood

Estimated Value: $460,000 - $511,000

3 Beds
2.5 Baths
1,617 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $189,900 $117 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,782/month

28 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Private Yard
  • Higley Traditional Academy Rated A
  • Contemporary Architecture
  • Community Pool

About This Home

As of May 2013

BUYER FAILED TO QUALIFY - BACK ON MARKET! Incredible opportunity to own in one of Arizona's most prestigious neighborhoods. Walk to school, parks, community pool, restaurant, coffee shop, urban farms/gardens. New flooring, lighting and paint bring this 3 bedroom, 2.5 bathroom home to life. Step into the 2-story living room open to a nicely upgraded kitchen and family room. Highlights include Stainless Steel appliances, Brushed Nickel fixtures and Signature lighting. Large windows make home light and airy with views to the community green space, your private yard, nearby mountains and the community's urban farm. Upstairs features 3 spacious bedrooms with walk-in closets and contemporary ceiling fans. Job relocation brings this loved home to market - don't miss your chance to own

Last Agent to Sell the Property

Jason Watton

W and Partners, LLC License #SA585233000 Listed on: 03/06/2013

Last Buyer's Agent

Carolyn Cronin

West USA Realty License #SA108178000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 2005

Lot Details

  • 2,625 Sq Ft Lot
  • Desert faces the front and back of the property
  • Private Yard

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,617 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Williams Field High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 451
  • Assessor Parcel Number 313-10-028

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Aam Association, Phone Number (602) 957-9191
  • Built by Scott Homes
  • Agritopia Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 2005

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Cross Street: Ray and Higley Roads
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.66
  • Basement: N
  • Updated Floors: Partial
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: Agritopia
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 362.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Fire Sprinklers, Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 1617.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Patio, Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 362.0
  • Association Fee Frequency: Quarterly
  • Association Name: AAM
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 370.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: AAM
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Williams Field High School
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2625.0
  • Parcel #: 313-10-028
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Scott Homes

Tax Info

  • Tax Annual Amount: 1235.0
  • Tax Book Number: 313.00
  • Tax Lot: 451
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2017
Sold by
Chuey Matthew T and Korkes Melissa L
Bought by
Korkes Melissa L and Korkes Paula
Current Estimated Value
$483,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Outstanding Balance
$135,425
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$347,609

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 15, 2013
Sold by
Lipari Matthew J and Lipari Karla G
Bought by
Chuey Matthew T and Korkes Melissa L
Seller's Agent
Jason Watton
W and Partners, LLC
Buyer's Agent
Carolyn Cronin
West USA Realty
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$170,910
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Dec 5, 2012
Sold by
Barlow Margaret M
Bought by
Lipari Matthew James and Lipari Karla Georgia
Seller's Agent
Ty Lusk
Real Broker
Buyer's Agent
Jason Watton
W and Partners, LLC
List Price
$214,500
Sold Price
$155,000
Premium/Discount to List
-$59,500
-27.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.18%
Original Mortgage
$147,250
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Scott Homes Llc
Bought by
Barlow Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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
Korkes Melissa L -- Old Republic Title Agency
Chuey Matthew T $189,900 Empire West Title Agency
Lipari Matthew James $155,000 Lawyers Title Of Arizona Inc
Barlow Margaret M $198,431 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korkes Melissa L $163,000
Closed Chuey Matthew T $170,910
Previous Owner Lipari Matthew James $147,250
Previous Owner Barlow Margaret M $159,920
Closed Barlow Margaret M $39,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2013 05/17/13 Sold $189,900 0.0% $117 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
04/02/2013 04/02/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $189,900 0.0% $117 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $189,900 +22.5% $117 / Sq Ft
12/13/2012 12/13/12 Sold $155,000 -13.4% $96 / Sq Ft View Prior Sale
09/06/2012 09/06/12 Pending -- -- --
08/04/2012 08/04/12 Price Changed $179,000 -11.3% $111 / Sq Ft
07/23/2012 07/23/12 Price Changed $201,900 -3.4% $125 / Sq Ft
05/25/2012 05/25/12 Price Changed $209,000 -2.6% $129 / Sq Ft
05/14/2012 05/14/12 For Sale $214,500 -- $133 / 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 $1,600 $21,015 -- --
2024 $1,708 $20,014 -- --
2023 $1,708 $33,280 $6,650 $26,630
2022 $1,636 $25,550 $5,110 $20,440
2021 $1,671 $23,700 $4,740 $18,960
2020 $1,713 $22,210 $4,440 $17,770
2019 $1,652 $19,460 $3,890 $15,570
2018 $1,597 $18,270 $3,650 $14,620
2017 $1,540 $17,260 $3,450 $13,810
2016 $1,512 $16,560 $3,310 $13,250
2015 $1,370 $15,910 $3,180 $12,730
Source: Public Records

Agents Affiliated with this Home

  • Jason Watton

    Seller's Agent in 2013

    Jason Watton

    W and Partners, LLC

    (602) 696-1721

    38 Total Sales

    Jason Watton
    Section Image

  • C

    Buyer's Agent in 2013

    Carolyn Cronin

    West USA Realty

  • T

    Seller's Agent in 2012

    Ty Lusk

    Real Broker

    (480) 203-4619

    74 Total Sales

    Ty Lusk
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4900107

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-10-028

Arizona Maricopa County Gilbert 85296 Agritopia

1534 S Malabar Ln, Gilbert, AZ

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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