NOT LISTED FOR SALE

1551 W Laurel Ave Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $999,024 - $1,198,000

4 Beds
2.5 Baths
3,553 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $510,000 $144 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,239/month

387 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Community Lake
  • Playa Del Rey Elementary School Rated A-
  • 0.23 Acre Lot
  • Clubhouse

About This Home

As of January 2016

A hidden gem for the perfect buyer. Happiness is just a doorstep away in this waterfront home in Gilbert! Dock your boat or jet ski on your private entrance to the lake. Once inside you will find soaring ceilings, carpet, tile and wood flooring with unique accents, a cozy stone fireplace, lots of picture windows with wonderful water views, and plenty of decorative niches. Bright open kitchen features white appliances, staggered cabinets, white Corian countertops, a center island and a pantry. Grand staircase leads to a large loft and beautiful views. Master suite includes walk in closets, relaxing spa and balcony that overlooks the water. Resort style backyard with 2 covered patios, lush green grass, and a private beach! Water ski,volleyball, basketball, club house or a round of golf. Amazing community amenities too! Come and watch the sunset as you enjoy this stunning hom

Last Agent to Sell the Property

Kaye Lynn Huish

ProSmart Realty License #SA624978000 Listed on: 08/25/2014

ProSmart Realty

Last Buyer's Agent

Romil Azemat

Platinum Integrity Real Estate License #SA544886000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1995

Lot Details

  • 9,933 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,553 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Playa Del Rey Elementary School
  • Gilbert Junior High School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 310-08-335

Community Details

Overview

  • Association fees include ground maintenance
  • Playa Del Rey Association, Phone Number (480) 366-4997
  • Built by AMZ
  • Playa Del Rey Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 1995

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Cross Street: MC QUEEN/GUADALUPE
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 200.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2013
  • Directions: SOUTH ON MC QUEEN, EAST ON JUNIPER,SOUTH THROUGH GATE, WEST ON LAUREL TO PROPERTY ON THE LEFT.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: PLAYA DEL REY
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 200.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3553.0
  • Stories: 2
  • Window Features: Low-E
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block, Wrought Iron
  • Exterior Features: Other, Balcony, Covered Patio(s), Patio, Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Grass Front, Grass Back, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision, Playground, Clubhouse
  • Amenities: Management
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Playa Del Rey
  • Phone: 480-366-4997
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Playa Del Rey
  • Association Fees:HOA Telephone4: 480-366-4997
  • 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_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Playa Del Rey Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9933.0
  • Parcel #: 310-08-335
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: AMZ

Tax Info

  • Tax Annual Amount: 2860.0
  • Tax Book Number: 310.00
  • Tax Lot: 3
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Jan 20, 2016
Sold by
Zink Alexander M
Bought by
Azem Romil and Oraha Martin
Seller's Agent
Kaye Lynn Huish
ProSmart Realty
Buyer's Agent
Romil Azemat
Platinum Integrity Real Estate
List Price
$519,900
Sold Price
$510,000
Premium/Discount to List
-$9,900
-1.9%
Current Estimated Value
$1,073,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,006
Avg. Annual Appreciation
7.98%
Original Mortgage
$408,000
Outstanding Balance
$324,172
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$748,834

Purchase Details

Closed on
Sep 10, 2003
Sold by
Zink Helga R
Bought by
Zink Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Zink Helga
Bought by
Zink Alexander M

Purchase Details

Closed on
Feb 6, 1997
Sold by
Playa Del Rey Ltd Partnership
Bought by
Gruninger R Wayne and Gruninger Karen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1995
Sold by
Security Title Agency
Bought by
Playa Del Rey Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
Azem Romil $510,000 Driggs Title Agency Inc
Zink Alexander M -- Transnation Title Ins Co
Zink Alexander M $550,000 Transnation Title Ins Co
Zink Alexander M -- Fidelity National Title
Zink Alexander M $850,000 Fidelity National Title
Gruninger R Wayne $375,000 Security Title Agency
Playa Del Rey Ltd Partnership $5,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azem Romil $408,000
Previous Owner Zink Alexander M $440,000
Previous Owner Gruninger R Wayne $337,500
Previous Owner Playa Del Rey Ltd Partnership $160,000
Closed Playa Del Rey Ltd Partnership $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $510,000 0.0% $144 / Sq Ft
09/30/2015 09/30/15 Rented $1,500 0.0% --
09/24/2015 09/24/15 Under Contract -- -- --
09/17/2015 09/17/15 For Rent $1,500 0.0% --
09/16/2015 09/16/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $519,900 0.0% $146 / Sq Ft
09/08/2015 09/08/15 Price Changed $519,900 +1.9% $146 / Sq Ft
04/09/2015 04/09/15 Off Market $510,000 -- --
01/21/2015 01/21/15 Price Changed $589,900 -1.7% $166 / Sq Ft
10/17/2014 10/17/14 Price Changed $599,900 -3.1% $169 / Sq Ft
08/25/2014 08/25/14 For Sale $619,000 -- $174 / 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 $3,921 $51,700 -- --
2024 $3,944 $49,238 -- --
2023 $3,944 $71,760 $14,350 $57,410
2022 $3,820 $55,270 $11,050 $44,220
2021 $3,971 $51,000 $10,200 $40,800
2020 $3,904 $48,600 $9,720 $38,880
2019 $3,584 $45,630 $9,120 $36,510
2018 $3,469 $43,770 $8,750 $35,020
2017 $3,335 $42,520 $8,500 $34,020
2016 $3,435 $39,900 $7,980 $31,920
2015 $3,080 $40,030 $8,000 $32,030
Source: Public Records

Agents Affiliated with this Home

  • Kaye Lynn Huish

    Seller's Agent in 2016

    Kaye Lynn Huish

    ProSmart Realty

    (480) 332-7117

    31 Total Sales

    Kaye Lynn Huish
    Section Image

  • R

    Buyer's Agent in 2016

    Romil Azemat

    Platinum Integrity Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5162577

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-08-335

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1551 W Laurel Ave, Gilbert, AZ

This home is located at 1551 W Laurel Ave, Gilbert, AZ 85233 since 25 August 2014 and is currently estimated at $1,073,006, approximately $302 per square foot. This property was built in 1995. 1551 W Laurel Ave is a home located in Maricopa County with nearby schools including Playa Del Rey Elementary School, Mesquite High School, and Mesquite Junior 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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