NOT LISTED FOR SALE

2041 E Stephens Rd Unit II Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $760,000 - $1,067,000

5 Beds
3.5 Baths
3,994 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $400,000 $100 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,361/month

21 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Hydromassage or Jetted Bathtub
  • Finley Farms Elementary School Rated A-
  • 0.29 Acre Lot
  • 4-minute walk to Finley Farms-Mesquite Park

About This Home

As of January 2019

AS / IS sale, seller does NOT provide SPDS or CLUE disclosures. BUYER TO VERIFY ALL INFO HEREIN.
Do not make blind offers on the property.
Buyers need to review and execute the attachment previous to making an offer as well. Property is in need of serious repairs.
No repairs will be made at any time. No seller credits will be issued at any time. Highest & Best offer is due by 12.11.18.

Last Agent to Sell the Property

Terry Dietz

Merit Realty License #BR578624000 Listed on: 11/26/2018

Last Buyer's Agent

Joe Wicker

Wise Choice Properties License #SA069958000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,994 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Hydromassage or Jetted Bathtub

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Finley Farms Elementary School
  • Greenfield Elementary Middle School
  • Gilbert High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Finley Farms Association, Phone Number (480) 437-4777
  • Parkside At Finley Farms Unit 2 Subdivision, Cibola Floorplan

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 304-21-671

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,091

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Cross Street: Greenfiled/Elliot
  • 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: 49.5
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: South on Greenfield Rd., West on Mesquite St., North on Columbus, West on Stephens Rd.
  • Master Model: Cibola
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: PARKSIDE AT FINLEY FARMS UNIT 2
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 297.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 3994.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 297.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Finley Farms
  • Phone: 480-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Finley Farms
  • Association Fees:HOA Telephone4: 480-437-4777
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Finley Farms Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12750.0
  • Parcel #: 304-21-671

Building Info

  • Builder Name: Ukn

Tax Info

  • Tax Annual Amount: 3091.0
  • Tax Book Number: 304.00
  • Tax Lot: 112
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 26, 2018
Sold by
U S Bank Na
Bought by
Torres Mario Alberto and Montanez Dora Luz
Seller's Agent
Terry Dietz
Merit Realty
Buyer's Agent
Joe Wicker
Wise Choice Properties
List Price
$384,800
Sold Price
$400,000
Premium/Discount to List
$15,200
3.95%
Current Estimated Value
$937,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,265
Avg. Annual Appreciation
13.53%
Original Mortgage
$350,000
Outstanding Balance
$309,556
Interest Rate
4.8%
Mortgage Type
Stand Alone First
Estimated Equity
$627,709

Purchase Details

Closed on
Oct 29, 2018
Sold by
Rakestraw Donn D and Rakestraw Elizabeth Ann
Bought by
U S Bank National Assn and Harbor View Mortgage Loan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$309,556
Interest Rate
4.8%
Mortgage Type
Stand Alone First
Estimated Equity
$627,709

Purchase Details

Closed on
May 20, 2003
Sold by
Holland James M and Holland Christina E
Bought by
Rakestraw Donn D and Rakestraw Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,300
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2001
Sold by
Holland James M and Holland Christina M
Bought by
Holland James M and Holland Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,100
Interest Rate
6.98%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Holland James M and Holland Christina M
Bought by
Holland James M and Holland Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 25, 1996
Sold by
Jackson Properties Inc
Bought by
Holland James M and Holland Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,950
Interest Rate
7.18%
Mortgage Type
Seller Take Back
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
Torres Mario Alberto -- Servicelink
U S Bank National Assn $450,000 Accommodation
Rakestraw Donn D $384,000 American Title Ins Agency Az
Holland James M -- Security Title Agency
Holland James M -- --
Holland James M $269,969 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Mario Alberto $350,000
Previous Owner Rakestraw Donn D $307,200
Previous Owner Holland James M $254,100
Previous Owner Holland James M $261,000
Previous Owner Holland James M $217,950
Closed Holland James M $214,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $400,000 +4.0% $100 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $384,800 -- $96 / 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 $4,108 $46,301 -- --
2024 $4,122 $44,096 -- --
2023 $4,122 $66,510 $13,300 $53,210
2022 $4,005 $48,070 $9,610 $38,460
2021 $4,143 $45,420 $9,080 $36,340
2020 $4,080 $43,170 $8,630 $34,540
2019 $4,390 $41,750 $8,350 $33,400
2018 $3,091 $40,610 $8,120 $32,490
2017 $2,974 $39,850 $7,970 $31,880
2016 $3,065 $39,000 $7,800 $31,200
2015 $2,806 $36,930 $7,380 $29,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5853171

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-21-671