$465,000
SOLD FEB 1, 2015

16240 E Twin Acres Dr Gilbert, AZ 85298

Higley Neighborhood
4 Beds
3 Baths
3,133 Sq Ft
1 Acres

Recently Sold

$148 Per Sq Ft

14% Below List Price

234 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Acre Lot
  • Granite Countertops
  • Coronado Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • No HOA

About This Home

As of October 2015

Spec home currently being built on 1 acre, irrigated horse property in a great location. Scheduled completion for late summer, construction now underway as of 5/15/14. Open floor plan and large kitchen with a study that can be used as a fifth bedroom. Home to have tile roofing, granite counter tops, travertine shower surround in master bathroom, tile/carpet flooring,and tile roofing. Call agent if you would like to schedule a meeting with builder to discuss optional upgrades.

Last Agent to Sell the Property

Erin McCleve

A-Z Real Estate Professionals Listed on: 01/24/2014

Last Buyer's Agent

Kim Dempsey

KD Realty, LLC License #BR512045000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 1 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,133 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows

Kitchen

  • 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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Schools

  • Weinberg Elementary School
  • Coronado Elementary Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by JM HOMES LLC

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3
  • Assessor Parcel Number 304-70-971

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 2014 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Greenfield & Queen Creek
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2013
  • Directions: South on Greenfield to Queen Creek. East on Queen Creek. Right on South 162nd St. Left on East Twin Acres. Property on left side of road.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: TBD
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 3133.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Low-E, Vinyl Frame
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Coronado Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 304-70-971
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: JM HOMES LLC

Tax Info

  • Tax Annual Amount: 1114.99
  • Tax Book Number: 304.00
  • Tax Lot: 3
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 20, 2015
Sold by
Garcia David N
Bought by
Herr Tyler B and Herr Meghan E
Seller's Agent
Kim Dempsey
KD Realty, LLC
Buyer's Agent
Kathleen Lenon
The Daniel Montez Real Estate Group
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$1,166,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,660
Avg. Annual Appreciation
7.92%
Original Mortgage
$439,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Wjm Family Trust
Bought by
Garcia David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Grayson Llc
Bought by
Wjm Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $549,000 American Title Svc Agency Ll
Warranty Deed $465,000 Magnus Title Agency
Warranty Deed -- Sterling Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,200 New Conventional
Closed $510,000 New Conventional
Closed $439,200 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $549,000 0.0% $175 / Sq Ft
09/23/2015 09/23/15 For Sale $549,000 +18.1% $175 / Sq Ft
02/01/2015 02/01/15 Sold $465,000 -2.9% $148 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/11/2014 09/11/14 Price Changed $479,000 -4.0% $153 / Sq Ft
07/11/2014 07/11/14 Price Changed $499,000 -3.9% $159 / Sq Ft
07/02/2014 07/02/14 Price Changed $519,000 -1.9% $166 / Sq Ft
06/24/2014 06/24/14 Price Changed $529,000 -1.9% $169 / Sq Ft
01/24/2014 01/24/14 For Sale $539,000 -- $172 / 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 $4,780 $52,253 -- --
2024 $4,764 $49,764 -- --
2023 $4,764 $86,050 $17,210 $68,840
2022 $4,573 $63,060 $12,610 $50,450
2021 $4,511 $56,820 $11,360 $45,460
2020 $4,563 $56,200 $11,240 $44,960
2019 $4,507 $50,720 $10,140 $40,580
2018 $4,327 $47,270 $9,450 $37,820
2017 $4,179 $44,870 $8,970 $35,900
2016 $4,180 $44,910 $8,980 $35,930
2015 $1,747 $19,210 $3,840 $15,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5059200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-971