NOT LISTED FOR SALE

Estimated Value: $574,000 - $601,000

4 Beds
2 Baths
2,105 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $560,000 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,299/month

11 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Granite Countertops
  • Settlers Point Elementary School Rated A-
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of August 2023

Unique corner lot property showcases an expansive 3-car garage in the desirable neighborhood of Settlers Point South! The generously proportioned living areas exude timeless elegance with a soothing color palette, gracefully arched doorways, and soaring vaulted ceilings. The kitchen is open and spacious, featuring luxurious granite counters and a central island with a convenient breakfast bar. Secluded on the upper level, the primary bedroom and its ensuite provide unparalleled privacy. The extraordinary backyard is an entertainer's dream, boasting a covered patio, a charming gazebo, and a beautiful sparkling pool. Additionally, this exceptional residence offers convenient access to the thriving culinary scene and vibrant nightlife of Downtown Gilbert. See docs tab for list of upgrades! Recent upgrades and replacements:
* Downstairs HVAC system replaced in 2020
* Upstairs HVAC system replaced in 2023
* Pool pump replaced in 2022
* Vents professionally cleaned and meticulously sealed
* Refrigerator upgraded in 2022
* Brand new Water Heater installed in 2023
* Living rooms and stairway upgraded with stain resistant, new carpeting in April 2022

Last Agent to Sell the Property

Edward Durham

NORTH&CO. License #SA635700000 Listed on: 07/01/2023

Co-Listed By

Jennifer Duncan

NORTH&CO. License #SA644869000

Last Buyer's Agent

Nicky Hughes

Cactus Rose Realty License #BR580118000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1996

Lot Details

  • 7,122 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,105 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Pool Updated in 2022
  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Settler's Point Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 304-24-682

Community Details

Overview

  • Association fees include ground maintenance
  • Settlers Point South Association, Phone Number (480) 544-7669
  • Built by Courtland Homes
  • Settler's Point South Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,848

Year Built

Built in 1996

Lot Details

0

HOA Fees

$55 per month

Parking

3

Listing Details

  • Cross Street: Gilbert and Ray
  • 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: 55.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2022
  • 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: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: SETTLER'S POINT SOUTH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 266.03
  • Association Fees:HOA Fee2: 165.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2105.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • 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
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: 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: Playground, Biking/Walking Path
  • Association Fee: 165.0
  • Association Fee Frequency: Quarterly
  • Association Name: Settlers Point South
  • Phone: 480-544-7669
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Settlers Point South
  • Association Fees:Special Assessment HOA: No
  • 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: Settler's Point Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7122.0
  • Parcel #: 304-24-682

Building Info

  • Builder Name: Courtland Homes

Tax Info

  • Tax Annual Amount: 1848.0
  • Tax Book Number: 304.00
  • Tax Lot: 94
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 22, 2023
Sold by
May Shawn
Bought by
Alosi Peter J and Alosi Celia T
Seller's Agent
Edward Durham
NORTH&CO.
Buyer's Agent
Nicky Hughes
Cactus Rose Realty
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Views
123
Current Estimated Value
$587,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,863
Avg. Annual Appreciation
2.10%
Original Mortgage
$578,480
Outstanding Balance
$563,588
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$24,275

Purchase Details

Closed on
Aug 13, 2021
Sold by
May Shawn
Bought by
May Shawn

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 5, 2018
Sold by
Jones Charles Dean and Jones Deborah Hunt
Bought by
May Shawn
Seller's Agent
Russell Mills
Close Pros
Buyer's Agent
Devon Heckel
Berkshire Hathaway HomeServices Arizona Properties
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$288,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 12, 2018
Sold by
Phommalinh Sylvia
Bought by
May Shawn
Seller's Agent
Russell Mills
Close Pros
Buyer's Agent
Devon Heckel
Berkshire Hathaway HomeServices Arizona Properties
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2001
Sold by
Nichols Kenneth L
Bought by
Jones Charles Dean and Jones Deborah Hunt

Purchase Details

Closed on
Sep 30, 1996
Sold by
Nichols Torrie L
Bought by
Nichols Kenneth L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alosi Peter J $560,000 100 Title Agency Llc
May Shawn -- Old Republic Title
May Shawn $320,000 Empire West Title Agency
May Shawn -- Empire West Title Agency Llc
Jones Charles Dean $167,500 North American Title Agency
Nichols Kenneth L -- First American Title
Nichols Kenneth L $139,740 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alosi Peter J $578,480
Previous Owner May Shawn $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Sold $560,000 -2.6% $266 / Sq Ft
07/01/2023 07/01/23 For Sale $575,000 +79.7% $273 / Sq Ft
04/11/2018 04/11/18 Sold $320,000 0.0% $152 / Sq Ft View Prior Sale
02/28/2018 02/28/18 For Sale $320,000 -- $152 / 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 $25,681 -- --
2024 $1,906 $24,458 -- --
2023 $1,906 $41,020 $8,200 $32,820
2022 $1,848 $30,930 $6,180 $24,750
2021 $1,952 $28,980 $5,790 $23,190
2020 $1,920 $26,980 $5,390 $21,590
2019 $1,765 $25,020 $5,000 $20,020
2018 $1,714 $23,550 $4,710 $18,840
2017 $1,655 $22,230 $4,440 $17,790
2016 $1,707 $21,460 $4,290 $17,170
2015 $1,563 $20,680 $4,130 $16,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6575441

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-24-682