NOT LISTED FOR SALE

1858 W Merrill Ln Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $603,939 - $649,000

4 Beds
3 Baths
2,732 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $425,000 $156 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,561/month

1 Day on Market

Highlights

  • On Golf Course
  • RV Gated
  • Community Lake
  • Playa Del Rey Elementary School Rated A-
  • 0.22 Acre Lot
  • Tennis Courts

About This Home

As of October 2020

Beautiful home perfectly located in the highly desired area of El Dorado Lakes Golf Community in Gilbert. This is a huge pie shaped lot that backs to the golf course. No neighbors behind! Very functional 4bd/3bath layout with an additional office/exercise room off the master suite that can be easily converted into a 5th bedroom if needed.
Block construction to reduce electricity costs, upgraded wood and stone flooring throughout. Upgraded master bath with stunning onyx marble flooring and marble vessel sinks. Kitchen features marble countertops. Open and spacious living room with fireplace and stone surround. Covered patio off living room and deck off master bedroom.
Great location minutes to freeways, downtown Gilbert, shopping and entertainment. Gilbert School district.

Last Agent to Sell the Property

Thomas Mastromatto

Mountain Lake Realty License #BR104207000 Listed on: 08/26/2020

Last Buyer's Agent

Jessica Bang

HomeSmart License #SA681095000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1996

Lot Details

  • 9,474 Sq Ft Lot
  • Desert faces the front of the property
  • On Golf Course
  • Cul-De-Sac
  • Block Wall Fence

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Garage
  • RV Gated

Home Design

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

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Playa Del Rey Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 537
  • Assessor Parcel Number 302-09-408

Community Details

Overview

  • Association fees include ground maintenance
  • Community Accounting Association, Phone Number (602) 456-9462
  • Built by ELDORADO HOMES
  • El Dorado Lakes Golf Comm Subdivision, Huge Lot Floorplan
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1996

Lot Details

0

HOA Fees

$35 per month

Parking

3

Listing Details

  • Cross Street: MCQUEEN & GUADALUPE
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 35.0
  • 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: 1996
  • Tax Year: 2020
  • Directions: Cross Streets: MCQUEEN & GUADALUPE Directions: WEST TO EL DORADO, NORTH TO SAN PEDRO, WEST TO ITHICA, NORTH TO HOME AT END OF THE STREET.
  • Master Model: HUGE LOT
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: EL DORADO LAKES GOLF COMM
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 105.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, Central Vacuum, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2732.0
  • Stories: 2
  • Window Features: Skylight(s), Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: On Golf Course, Cul-De-Sac, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, None
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Tennis Court(s), Biking/Walking Path
  • Association Fee: 105.0
  • Association Fee Frequency: Quarterly
  • Association Name: Eldorado Lakes GC
  • Phone: 602-456-9462
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Eldorado Lakes GC
  • Association Fees:HOA Telephone4: 602-456-9462
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Community Accounting

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: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9474.0
  • Parcel #: 302-09-408

Building Info

  • Builder Name: ELDORADO HOMES

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Book Number: 302.00
  • Tax Lot: 537
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 29, 2020
Sold by
Kim Amy and Kim Paul Sungsoo
Bought by
Kim Paul Sungsoo
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Jessica Bang
HomeSmart
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$626,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,235
Avg. Annual Appreciation
8.08%
Original Mortgage
$340,000
Outstanding Balance
$302,412
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,823

Purchase Details

Closed on
Aug 6, 2004
Sold by
Luke Steve
Bought by
Hafiz Ferris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Luke Katsura
Bought by
Luke Steve

Purchase Details

Closed on
Feb 11, 2003
Sold by
Hawks Terrace Wesley and Yamanoha Miyuki
Bought by
E Investment Properties

Purchase Details

Closed on
Feb 10, 2003
Sold by
E Investment Properties Inc
Bought by
John H & Mary B Niemann Family Trust

Purchase Details

Closed on
Dec 26, 1995
Sold by
Jeff Blandford Development Corp
Bought by
Hawks Terrence Wesley and Yamanoha Miyuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
7.37%
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
Kim Paul Sungsoo -- Chicago Title Agency Inc
Kim Paul Sungsoo $425,000 Chicago Title Agency Inc
Hafiz Ferris $270,000 Chicago Title Insurance Co
Luke Steve -- Security Title Agency
Luke Steve $232,000 Security Title Agency
E Investment Properties $200,000 --
John H & Mary B Niemann Family Trust -- --
Hawks Terrence Wesley $159,215 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Paul Sungsoo $340,000
Previous Owner Hafiz Ferris $216,000
Previous Owner Hawks Terrence Wesley $155,900
Closed Hafiz Ferris $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $425,000 0.0% $156 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $425,000 -- $156 / 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 $2,467 $33,695 -- --
2024 $2,484 $32,091 -- --
2023 $2,484 $45,270 $9,050 $36,220
2022 $2,408 $34,150 $6,830 $27,320
2021 $2,544 $32,380 $6,470 $25,910
2020 $2,502 $30,880 $6,170 $24,710
2019 $2,300 $28,610 $5,720 $22,890
2018 $2,232 $27,180 $5,430 $21,750
2017 $2,143 $25,820 $5,160 $20,660
2016 $2,215 $25,420 $5,080 $20,340
2015 $2,019 $26,250 $5,250 $21,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Mastromatto

    Seller's Agent in 2020

    Thomas Mastromatto

    Mountain Lake Realty

    (602) 888-7073

    5 in this area

    637 Total Sales

    Thomas Mastromatto
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Bang

    HomeSmart

    (602) 230-7600

    1 in this area

    71 Total Sales

    Jessica Bang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6122701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-09-408

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1858 W Merrill Ln, Gilbert, AZ

This home is located at 1858 W Merrill Ln, Gilbert, AZ 85233 since 26 August 2020 and is currently estimated at $626,235, approximately $229 per square foot. This property was built in 1996. 1858 W Merrill Ln 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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