NOT LISTED FOR SALE

Estimated Value: $709,000 - $726,000

5 Beds
3 Baths
2,958 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $585,000 $198 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,120/month

25 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Community Lake
  • Gilbert Elementary School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of May 2021

Rare WATERFRONT home in Lago Estancia with a POOL. Beautiful views of the lake and fountain. Three car garage with built in cabinets, mature trees, and landscaping. Serene backyard in the heart of Gilbert just minutes from Downtown Gilbert. DON'T MISS YOUR CHANCE TO LIVE IN A RARE ARIZONA WATERFRONT HOME!

Last Agent to Sell the Property

Jasmine Patel

Real Broker License #SA666231000 Listed on: 04/22/2021

Real Broker

Co-Listed By

Kristy DeWitz

My Home Group Real Estate License #SA688150000

Last Buyer's Agent

Adam Gavlinski

My Home Group Real Estate License #SA682936000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1994

Lot Details

  • 7,906 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Above Ground Spa

Schools

  • Gilbert Elementary School
  • Gilbert Junior High School
  • Mesquite High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Solar Power System
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 302-35-059

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Association, Phone Number (480) 844-2224
  • Built by UDC Homes
  • Parcels 8 & 9 Of Lago Estancia Lot 1 90 Tr A J Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,933

Year Built

Built in 1994

Lot Details

0

HOA Fees

$71 per month

Parking

3

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: 71.0
  • 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: 1994
  • Tax Year: 2020
  • Directions: N ON GILBERT FROM WARNER TO LONGMEADOW DR. W TO LAGO BLVD. N TO OAK ST. S ON OAK WHICH BECOMES CANDLEWOOD. W TO HOME ON SOUTH SIDE OF STREET.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: PARCELS 8 & 9 OF LAGO ESTANCIA LOT 1-90 TR A-J
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 71.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2958.0
  • Stories: 2
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Partial, Wrought Iron
  • Lot Features: Waterfront Lot, Desert Back, Desert Front, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 71.0
  • Association Fee Frequency: Monthly
  • Association Name: Tri City
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tri City
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7906.0
  • Parcel #: 302-35-059
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 2933.0
  • Tax Book Number: 302.00
  • Tax Lot: 51
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Sullivan Chris and Sullivan Penny Sandridge
Bought by
Ingham Josiah and Ingham Courtney
Seller's Agent
Jasmine Patel
Real Broker
Buyer's Agent
Adam Gavlinski
My Home Group Real Estate
List Price
$579,000
Sold Price
$585,000
Premium/Discount to List
$6,000
1.04%
Total Days on Market
25
Current Estimated Value
$718,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,612
Avg. Annual Appreciation
5.59%
Original Mortgage
$560,091
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 25, 2014
Sold by
Wing George J and Wing Mary J
Bought by
Sullivan Chris and Sullivan Penny Sandridcfe
Seller's Agent
Patrick Homer
JK Realty
Buyer's Agent
Patrick Homer
JK Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$306,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1999
Sold by
Myers Frank R and Myers Kimberly
Bought by
Wing George J and Wing Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 1998
Sold by
Rinnas Randy E and Rinnas Cheryl L
Bought by
Myers Frank R and Myers Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1997
Sold by
Donaldson Daniel R and Donaldson Mary Ellen
Bought by
Rinnas Randy E and Rinnas Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1994
Sold by
First Service Title Agency Inc
Bought by
Donaldson Daniel R and Donaldson Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1994
Sold by
Broad Land Properties Lago Usa Inc
Bought by
Udc Homes Inc
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
Ingham Josiah $580,000 First Arizona Title Agency
Sullivan Chris $340,000 Title365 Agency
Wing George J $248,000 Transnation Title Insurance
Myers Frank R $222,500 Transnation Title Ins Co
Rinnas Randy E $218,000 Capital Title Agency
Donaldson Daniel R $177,415 First Service Title Agency I
Udc Homes Inc $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingham Josiah $560,091
Previous Owner Sullivan Chris $296,250
Previous Owner Sullivan Chris $303,775
Previous Owner Sullivan Chris $306,000
Previous Owner Wing George J $281,981
Previous Owner Wing Mary J $280,000
Previous Owner Wing George J $50,000
Previous Owner Wing George J $198,400
Previous Owner Myers Frank R $226,100
Previous Owner Rinnas Randy E $130,000
Previous Owner Donaldson Daniel R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $585,000 +1.0% $198 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $579,000 +70.3% $196 / Sq Ft
06/27/2014 06/27/14 Sold $340,000 -5.3% $115 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $359,000 -- $121 / 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 $2,820 $39,603 -- --
2024 $2,914 $37,717 -- --
2023 $2,914 $50,670 $10,130 $40,540
2022 $2,824 $38,920 $7,780 $31,140
2021 $2,984 $36,660 $7,330 $29,330
2020 $2,933 $34,010 $6,800 $27,210
2019 $2,697 $32,630 $6,520 $26,110
2018 $2,620 $31,430 $6,280 $25,150
2017 $2,529 $29,920 $5,980 $23,940
2016 $2,602 $29,320 $5,860 $23,460
2015 $2,377 $30,780 $6,150 $24,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6216984

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-059