NOT LISTED FOR SALE

2305 E Ridgewood Ln Gilbert, AZ 85298

South Chandler Neighborhood

Estimated Value: $653,000 - $694,000

4 Beds
3 Baths
2,546 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $593,490 $233 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,866/month

17 Days on Market

Highlights

  • Santa Barbara Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen
  • John & Carol Carlson Elementary School Rated A
  • 2 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of January 2023

This two-story home design offers effortless living. On the first floor is an open living area with a kitchen, dining, Great Room and connected covered patio as well as one secondary bedroom and full bath. Upstairs are three additional bedrooms, including the owner's suite, plus a versatile loft that can be used as a living space or home office.
Our popular Cottonwood plan has beautiful features such as or platinum package which includes, Quartz Bianco Tiza counters, Sonoma Maple Linen (White) cabinets, and Super Luxury 8 x 36 plank tile flooring. Pictures are of our model home. A copy of the public report is available on the Arizona Department of Real Estate's website.

Last Agent to Sell the Property

Joanne Hall

Lennar Sales Corp License #BR528037000 Listed on: 12/16/2022

Lennar Sales Corp

Co-Listed By

Catherine Renshaw

Lennar Sales Corp License #SA555414000

Last Buyer's Agent

Sumanth Pepala

HomeSmart License #SA690321000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,546 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Bathtub With Separate Shower Stall

Schools

  • Joe Carlson Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Basha High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 97
  • Assessor Parcel Number 313-33-186

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by Lennar
  • Belrose Subdivision, Cottonwood Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$210

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Cross Street: Greenfield & Chandler Heights
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 134.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Tax Year: 2022
  • Directions: South of Chandler Heights and South West of Greenfield.
  • Master Model: Cottonwood
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: mlso110
  • Co List Office Phone: 480-476-8470
  • Subdivision Name: BELROSE
  • Architectural Style: Santa Barbara/Tuscan
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 134.0
  • 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
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Bath Lever Faucets
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2546.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back, Auto Timer H2O Front, Irrigation Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), 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: Playground, Biking/Walking Path
  • Association Fee: 134.0
  • Association Fee Frequency: Monthly
  • Association Name: City Property Mgmt
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mgmt
  • Association Fees:HOA Telephone4: 602-437-4777
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Joe Carlson Elementary School
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 313-33-186

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 210.0
  • Tax Book Number: 313.00
  • Tax Lot: 97
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 26, 2023
Sold by
Lennar Arizona Llc
Bought by
Maddipatla Siva Deepthi Rao and Mandadi Sambasivarao
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Sumanth Pepala
HomeSmart
List Price
$595,490
Sold Price
$593,490
Premium/Discount to List
-$2,000
-0.34%
Views
35
Current Estimated Value
$666,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,773
Avg. Annual Appreciation
5.02%
Original Mortgage
$534,141
Outstanding Balance
$512,852
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$163,577

Purchase Details

Closed on
Apr 18, 2022
Sold by
Ag Essential Housing Multi State 4 Llc
Bought by
Lennar Arizona Llc

Purchase Details

Closed on
Apr 13, 2022
Sold by
Ag Essential Housing Multi State 4 Llc
Bought by
Lennar Arizona Llc

Purchase Details

Closed on
Oct 28, 2021
Sold by
Lennar Arizona Inc
Bought by
Ag Essential Housing Multi State 4 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maddipatla Siva Deepthi Rao $593,490 Lennar Title
Lennar Arizona Llc $5,131,729 None Listed On Document
Lennar Arizona Llc $5,131,729 None Listed On Document
Ag Essential Housing Multi State 4 Llc $26,262,018 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddipatla Siva Deepthi Rao $534,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $593,490 -0.3% $233 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $595,490 -- $234 / 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 $2,400 $31,270 -- --
2024 $2,349 $29,781 -- --
2023 $2,349 $49,760 $9,950 $39,810
2022 $210 $9,900 $9,900 $0
2021 $211 $3,045 $3,045 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joanne Hall

    Lennar Sales Corp

    (623) 236-3376

    61 in this area

    1,090 Total Sales

    Joanne Hall
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Catherine Renshaw

    Lennar Sales Corp

    Section Image

  • S

    Buyer's Agent in 2023

    Sumanth Pepala

    HomeSmart

    (602) 230-7600

    1 in this area

    13 Total Sales

    Sumanth Pepala
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6499251

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-33-186

Arizona Maricopa County Gilbert 85298 South Chandler

2305 E Ridgewood Ln, Gilbert, AZ

This home is located at 2305 E Ridgewood Ln, Gilbert, AZ 85298 since 16 December 2022 and is currently estimated at $666,263, approximately $261 per square foot. This property was built in 2023. 2305 E Ridgewood Ln is a home located in Maricopa County with nearby schools including John & Carol Carlson Elementary School, Willie & Coy Payne Jr. High School, and Rice Elementary 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

Nearby Homes