NOT LISTED FOR SALE

Estimated Value: $484,430

3 Beds
2 Baths
1,670 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $450,000 $269 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,908/month

15 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Gilbert Elementary School Rated A-
  • Double Pane Windows
  • Tile Flooring

About This Home

As of March 2023

Charming 3 bedroom, 2 bath home freshly painted and ready for your touches! Welcome to Lago Estancia! A desirable lake community within walking distance to downtown Gilbert. This home is perfect for first timers, downsizers, investors.
North elevation, granite counter tops, and includes Refrigerator, Washer/Dryer. Don't miss this opportunity to own in Gilbert for under $450K!

Last Listed By

Michelle Regier

Keller Williams Integrity First License #SA546689000 Listed on: 02/18/2023

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1995

Lot Details

  • 4,722 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Brown Comm Mgmt Association
  • Built by Lennar Homes
  • Parcel 10 Of Lago Estancia Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 302-35-295

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1995

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Cross Street: Gilbert/Warner
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 77.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2022
  • Directions: North on Gilbert Rd, Left on Long Meadow, Rt on Lago, Rt on Ash, Left on Smoke Tree to home on left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: PARCEL 10 OF LAGO ESTANCIA
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 77.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1670.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 77.0
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia HOA
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lago Estancia HOA
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 154.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Docs
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Comm Mgmt
  • Association Fees:HOA Management Phone: 48-539-1396

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Gilbert Elementary School
  • 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: 4722.0
  • Parcel #: 302-35-295
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar Homes

Tax Info

  • Tax Annual Amount: 822.0
  • Tax Book Number: 302.00
  • Tax Lot: 77
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 27, 2023
Sold by
Noriega Welma
Bought by
Li Weitang and Wu Xiujuan
Seller's Agent
Michelle Regier
Keller Williams Integrity First
Buyer's Agent
Yewei Zhang
West USA Realty
List Price
$449,990
Sold Price
$450,000
Premium/Discount to List
$10
0.002%
Total Days on Market
15
Views
17
Current Estimated Value
$484,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,430
Avg. Annual Appreciation
3.46%
Original Mortgage
$382,500
Outstanding Balance
$373,025
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$111,405

Purchase Details

Closed on
Dec 19, 2007
Sold by
Noriega Welma
Bought by
Noriega Welma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 25, 1996
Sold by
Lennar Homes Of Arizona Inc
Bought by
Noriega Jose L and Noriega Welma

Range of Values:

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Average Value
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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
Li Weitang $450,000 Security Title Agency
Noriega Welma -- First American Title Insuran
Noriega Jose L $102,130 First Southwestern Title
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Weitang $382,500
Previous Owner Noriega Welma $345,000
Previous Owner Noriega Welma $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $450,000 0.0% $269 / Sq Ft
02/18/2023 02/18/23 For Sale $449,990 -- $269 / 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 $1,429 $19,679 -- --
2024 $808 $18,742 -- --
2023 $808 $10,000 $2,000 $8,000
2022 $822 $10,000 $2,000 $8,000
2021 $911 $23,980 $4,790 $19,190
2020 $942 $22,210 $4,440 $17,770
2019 $859 $20,370 $4,070 $16,300
2018 $711 $10,000 $2,000 $8,000
2017 $718 $10,000 $2,000 $8,000
2016 $725 $10,000 $2,000 $8,000
2015 $639 $10,000 $2,000 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6522239

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-295