$3,650,000
SOLD SEP 16, 2024

1672 E Powell Way Gilbert, AZ 85298

South Gilbert Neighborhood
5 Beds
6.5 Baths
6,439 Sq Ft
0.77 Acres

Recently Sold

$567 Per Sq Ft

8% Below List Price

42 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Garage
  • Weinberg Gifted Academy Rated A
  • Heated Spa
  • Gated Community

About This Home

As of September 2024

Step into LUXURY with this STUNNING 6400 square feet home boasting dual garages (3-car and RV), a private pool, spa, and new appliances. It's wired for smart home tech, enhancing convenience.

Enjoy 5 bedrooms with a private casita, 6.5 bathrooms, and a second-floor patio with a dumbwaiter, perfect for outdoor entertaining and relaxation. This home offers unparalleled comfort and modern sophistication, ideal for those seeking the ultimate in upscale living.

Last Agent to Sell the Property

Jeremy Lovejoy

Insight Land & Investments License #BR541645000 Listed on: 06/18/2024

Last Buyer's Agent

Jeremy Lovejoy

Insight Land & Investments License #BR541645000 Listed on: 06/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 2023

Lot Details

  • 0.77 Acre Lot
  • Block Wall Fence

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Siding
  • Stucco

Interior Spaces

  • 6,439 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 6.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Roll-in Shower
  • Insulated Bathroom Pipes
  • Kitchen Appliances
  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Weinberg Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 304-81-958

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Hhb Heights Association, Phone Number (480) 699-0195
  • Built by NNS Construction
  • Hhb Heights Amd Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 2023

Lot Details

0

HOA Fees

$278 per month

Parking

3

Listing Details

  • Cross Street: Val Vista & Chandler Heights
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 278.25
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2023
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: NE Corner of Val Vista & Chandler heights intersection. First right into Gated Community, 3rd lot on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 0.77
  • Subdivision Name: HHB HEIGHTS AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 834.75
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Bath Roll-In Shower, Bath Lever Faucets, Bath Insulated Pipes, Accessible Hallway(s), Accessible Kitchen Appliances
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 6439.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:_two_20 Volts in Kitchen: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Storage, Built-in Barbecue
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Siding, Frame - Wood
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Access/Parking, RV Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 834.75
  • Association Fee Frequency: Quarterly
  • Association Name: HHB Heights
  • Phone: 480-699-0195
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: HHB Heights
  • Association Fees:HOA Telephone4: 480-699-0195
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 950.0
  • Association Fees:Other Fees HOA: 1500.0
  • Association Fees:Other Fees Description: Reserve Fund
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33484.0
  • Parcel #: 304-81-958
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: NNS Construction

Tax Info

  • Tax Annual Amount: 1994.0
  • Tax Book Number: 304.00
  • Tax Lot: 3
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Riding Jason A
Bought by
Riding Family Trust and Riding
Total Days on Market
42
Current Estimated Value
$3,578,413

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 11, 2024
Sold by
Hhb Real Estate Investing Inc
Bought by
Riding Jason A
Seller's Agent
Jeremy Lovejoy
Insight Land & Investments
Buyer's Agent
Jeremy Lovejoy
Insight Land & Investments
List Price
$3,950,000
Sold Price
$3,650,000
Premium/Discount to List
-$300,000
-7.59%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%
Original Mortgage
$2,880,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $3,650,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,222 Credit Line Revolving
Previous Owner $2,880,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $3,650,000 -7.6% $567 / Sq Ft
09/06/2024 09/06/24 Price Changed $3,950,000 0.0% $613 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $3,950,000 +8.2% $613 / Sq Ft
06/19/2024 06/19/24 Off Market $3,650,000 -- --
06/18/2024 06/18/24 For Sale $3,950,000 -- $613 / 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 $2,032 $20,624 $20,624 --
2024 $1,994 $19,642 $19,642 --
2023 $1,994 $59,670 $59,670 $0
2022 $1,936 $55,965 $55,965 $0
2021 $1,961 $30,690 $30,690 $0
2020 $1,945 $28,350 $28,350 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Lovejoy

    Seller's Agent in 2024

    Jeremy Lovejoy

    Insight Land & Investments

    (602) 385-1525

    12 in this area

    271 Total Sales

    Jeremy Lovejoy
    Section Image

  • B

    Buyer Co-Listing Agent in 2024

    Bretton Trapnell

    HomeSmart

    (602) 230-7600

    1 in this area

    46 Total Sales

    Bretton Trapnell
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6720786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-958

Arizona Maricopa County Gilbert 85298 South Gilbert

1672 E Powell Way, Gilbert, AZ

This home is located at 1672 E Powell Way, Gilbert, AZ 85298 and is currently priced at $3,650,000, approximately $566 per square foot. This property was built in 2023. 1672 E Powell Way is a home located in Maricopa County with nearby schools including Weinberg Gifted Academy, Willie & Coy Payne Jr. High School, and Ball Charter Schools (Val Vista).

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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