NOT LISTED FOR SALE

1725 S Follett Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $527,550 - $556,000

3 Beds
2.5 Baths
2,196 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $501,000 $228 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,229/month

4 Days on Market

Highlights

  • Community Pool
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Gateway Pointe Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of June 2023

Welcome to 1725 S Follett Way, located in the highly desirable subdivision of Recker Point in Gilbert! This stunning home is sure to impress with its custom flooring, gourmet kitchen and stainless steel appliances that are perfect for modern living. The beautiful and sleek kitchen boasts a touch screen cooktop and smart appliances, making cooking and entertaining a breeze. As you explore the home, you will notice the attention to detail in every aspect, from the plantation shutters throughout the house to the fully tiled shower with a seat in the upgraded master bath. The upgraded gourmet kitchen package includes pull out shelving and a giant pantry, perfect for storing all your cooking essentials. Technology is also a top priority in this home with Cat5 wiring throughout ensuring you stay connected at all times. The Honeywell smart home zoned two-floor temperature control adds to the modern conveniences of this home. Not only is this home functional and practical, but it also features aesthetic upgrades such as faux brick on the living room wall, custom shiplap in the powder room, and on the kitchen island. Finally, the backyard has been transformed to an inviting oasis with pavers and rock, perfect for low maintenance outdoor living and entertaining. Don't miss your chance to make this house your forever home. Schedule a showing today and experience the perfect blend of modern convenience and aesthetic beauty at 1725 S Follett Way in Gilbert.

Last Agent to Sell the Property

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 05/03/2023

Venture REI, LLC

Co-Listed By

Kevin McKiernan

Venture REI, LLC License #SA632762000

Last Buyer's Agent

Frank Gerola

Venture REI, LLC License #SA645607000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 2020

Lot Details

  • 3,193 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 259
  • Assessor Parcel Number 313-24-701

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Spectrum Association, Phone Number (480) 719-4524
  • Built by SHEA HOMES
  • Recker Pointe Phase 2 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 2020

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: RECKERD RD & RAY
  • 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: 91.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2022
  • Directions: West on Ray to Forrest Ave, South of Forrest Ave to Megan St, East on Megan to Follett Way
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: vrei03
  • Co List Office Phone: 480-636-4893
  • Subdivision Name: RECKER POINTE PHASE 2
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 91.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry
  • Living Area: 2196.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: RECKER POINTE HOA
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: RECKER POINTE HOA
  • Association Fees:HOA Telephone4: 4807194524
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 182.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 182.0
  • Association Fees:Disclosure Fees HOA: 181.0
  • Association Fees:Other Fees HOA: 23.0
  • Association Fees:Other Fees Description: HOMEWISE DOC FEE
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: SPECTRUM ASSOCIATION
  • Association Fees:HOA Management Phone: 4807194524
  • 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: Gateway Pointe Elementary
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3193.0
  • Parcel #: 313-24-701

Building Info

  • Builder Name: SHEA HOMES

Tax Info

  • Tax Annual Amount: 1890.0
  • Tax Book Number: 313.00
  • Tax Lot: 259
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 27, 2023
Sold by
Meo John C and Meo Mercy J
Bought by
Read Kylee
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Frank Gerola
Venture REI, LLC
List Price
$509,900
Sold Price
$501,000
Premium/Discount to List
-$8,900
-1.75%
Views
20
Current Estimated Value
$545,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,888
Avg. Annual Appreciation
4.10%
Original Mortgage
$150,000
Outstanding Balance
$138,389
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$408,272

Purchase Details

Closed on
Jul 1, 2020
Sold by
Shea Homes Arizona Limited Partnership
Bought by
Meo John C and Meo Merey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2020
Sold by
Shea Homes Limited Partnership
Bought by
Shea Homes Arizona Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

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
Read Kylee $501,000 Wfg National Title Insurance C
Meo John C $346,608 Fidelity Natl Ttl Agcy Inc
Shea Homes Arizona Limited Partnership -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read Kylee $150,000
Previous Owner Meo John C $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $501,000 -1.7% $228 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $509,900 -- $232 / 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 $1,970 $24,792 -- --
2024 $1,977 $23,611 -- --
2023 $1,977 $35,670 $7,130 $28,540
2022 $1,890 $29,750 $5,950 $23,800
2021 $1,941 $29,560 $5,910 $23,650
2020 $335 $5,880 $5,880 $0
2019 $325 $4,290 $4,290 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Gerola

    Seller's Agent in 2023

    Frank Gerola

    Venture REI, LLC

    (480) 231-3401

    10 in this area

    334 Total Sales

    Frank Gerola
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kevin McKiernan

    Venture REI, LLC

    (480) 363-4893

    10 in this area

    306 Total Sales

    Kevin McKiernan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6551891

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-24-701

Arizona Maricopa County Gilbert 85295 Lyon's Gate

1725 S Follett Way, Gilbert, AZ

This home is located at 1725 S Follett Way, Gilbert, AZ 85295 since 03 May 2023 and is currently estimated at $545,888, approximately $248 per square foot. This property was built in 2020. 1725 S Follett Way is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, Cooley Middle School, and Williams Field 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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