NOT LISTED FOR SALE

1981 S Follett Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $507,925 - $566,000

4 Beds
2.5 Baths
2,151 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $352,466 $164 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,109/month

Highlights

  • Corner Lot
  • Community Pool
  • Eat-In Kitchen
  • Gateway Pointe Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of May 2019

This fabulous two-story, single family home offers a large great room and fabulous island kitchen. With comfort and family in mind, this home provides four spacious bedrooms along with a loft. Storage abounds with a two-car garage and full laundry room. This brand new community is only half mile from the San Tan/Loop 202 Freeway and close to shopping, dining, and entertainment – at Recker Pointe convenience comes standard. Residents will also enjoy a community pool, covered play structure, picnic areas, BBQ's and more. Come see this wonderful new home today!

Last Agent to Sell the Property

Roger Marble

Marble Real Estate Brokerage Phone: 602-619-7100 License #BR035109000 Listed on: 03/14/2019

Last Buyer's Agent

Stacie Neumann

Russ Lyon Sotheby's International Realty License #SA501702000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202

Year Built

  • Built in 2018

Lot Details

  • 3,566 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,151 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 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 80
  • Assessor Parcel Number 313-24-080

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Recker Pointe Association, Phone Number (602) 216-7540
  • Built by Shea Homes
  • Ray And Recker Phase 1 Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$202

Year Built

Built in 2018

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Ray Rd & Recker Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 110.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2018
  • Directions: East on Ray Road. Community entrance is just south of Ray Road off Recker Road. Turn South on Follet Way to property. Lot 80. See the Compass Sales Office if you need directions.
  • Attribution Contact: 602-619-7100
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: RAY AND RECKER PHASE 1
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 110.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 2151.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: Recker Pointe
  • Phone: 602-216-7540
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 785.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Recker Pointe
  • Association Fees:HOA Telephone4: 602-216-7540
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 3566.0
  • Parcel #: 313-24-080

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 202.0
  • Tax Book Number: 313.00
  • Tax Lot: 80
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 25, 2019
Sold by
Shea Homes Arizona Limited Partnership
Bought by
Petrotto Robert J
Seller's Agent
Roger Marble
Marble Real Estate
Buyer's Agent
Stacie Neumann
Russ Lyon Sotheby's International Realty
List Price
$364,466
Sold Price
$352,466
Premium/Discount to List
-$12,000
-3.29%
Current Estimated Value
$536,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,765
Avg. Annual Appreciation
6.74%
Original Mortgage
$364,097
Outstanding Balance
$318,132
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$218,099
Source: Public Records

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 Buyer Sale Price Title Company
Petrotto Robert J $352,466 Fidelity National Title
Shea Homes Arizona Limited Partnership -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrotto Robert J $364,097
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $352,466 -3.3% $164 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $364,466 -- $169 / 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 $1,962 $24,926 -- --
2024 $1,978 $23,739 -- --
2023 $1,978 $35,300 $7,060 $28,240
2022 $1,894 $29,570 $5,910 $23,660
2021 $1,949 $28,870 $5,770 $23,100
2020 $1,995 $27,900 $5,580 $22,320
2019 $126 $5,085 $5,085 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Marble

    Seller's Agent in 2019

    Roger Marble

    Marble Real Estate

    (602) 619-7100

    61 Total Sales

    Roger Marble
    Section Image
  • Stacie Neumann

    Buyer's Agent in 2019

    Stacie Neumann

    Russ Lyon Sotheby's International Realty

    (602) 621-0595

    1 in this area

    106 Total Sales

    Stacie Neumann
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5896253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-24-080

Arizona Maricopa County Gilbert 85295 Lyon's Gate

1981 S Follett Way, Gilbert, AZ

This home is located at 1981 S Follett Way, Gilbert, AZ 85295 since 14 March 2019 and is currently estimated at $536,231, approximately $249 per square foot. This property was built in 2018. 1981 S Follett Way is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, Williams Field High School, and Cooley Middle 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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