NOT LISTED FOR SALE

2347 E Mead Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $1,615,000 - $2,201,593

6 Beds
6.5 Baths
5,085 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $1,000,000 $197 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,475/month

135 Days on Market

Highlights

  • RV Gated
  • Gated Community
  • Two Primary Bathrooms
  • Weinberg Gifted Academy Rated A+
  • 0.97 Acre Lot
  • Mountain View

About This Home

As of March 2020

Check out that View! Imagine sitting on your covered back patio enjoying a cup of coffee and watching the sun rise on the San Tan Mountains. This home celebrates that view while situated on almost a full acre nestled within a sought-after gated community in Gilbert. From the low maintenance front yard landscaping to the 2-2 car garages to the gourmet Viking kitchen appliances, this home has something for everyone. The Large Bedrooms and separated ''wings'' will work for many different living arrangements. The possibilities are endless with the secondary front door and covered patio to the Formal Living Room and Teen Room to the Theater Room. The Kitchen features Solid Wood Cabinetry along with Quartz and Granite Countertops while looking on to the Stacked Quartz Fireplace in the Great Room. The Formal Dining Room is adjacent to the Wet Bar. The Master Bedroom has it's own Patio Entrance as well as a well appointed walk-in Closet. The attached bathroom includes Dual Vanities, a Separate Tub and Gigantic Walk In Shower with Multiple Shower Heads. The thing that truly sets this well thought out home apart though is the huge blank canvas that is the back yard. The possibilities are constrained only by your own imagination.

Last Agent to Sell the Property

Katie Taylor

Keller Williams Realty Sonoran Living License #SA568463000 Listed on: 10/10/2019

Keller Williams Realty Sonoran Living

Co-Listed By

James Goodman

Keller Williams Realty Sonoran Living License #SA541422000

Last Buyer's Agent

William May

Breinholt May Realty & Investments License #BR542648000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,785

Year Built

  • Built in 2015

Lot Details

  • 0.97 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,085 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 6.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Weinberg Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 304-94-744

Community Details

Overview

  • Association fees include ground maintenance
  • Sentry Management Association, Phone Number (480) 345-0046
  • Built by Fulton
  • Legacy At Freeman Farms Amd Subdivision

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,785

Year Built

Built in 2015

Lot Details

0

HOA Fees

$180 per month

Parking

4

Listing Details

  • Cross Street: Chandler Heights & Greenfield
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.97
  • Co List Office Mls Id: kwaf01
  • Co List Office Phone: 480-759-4300
  • Subdivision Name: LEGACY AT FREEMAN FARMS AMD
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 196.66
  • Association Fees:HOA Fee2: 540.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5085.0
  • Stories: 1
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Front, Corner Lot, Dirt Back, Synthetic Grass Frnt, Auto Timer H2O Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Playground, Biking/Walking Path
  • Association Fee: 540.0
  • Association Fee Frequency: Quarterly
  • Association Name: Legacy at Freeman Fa
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Legacy at Freeman Fa
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Sentry Management
  • Association Fees:HOA Management Phone: 480-345-0046
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry 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: 42069.0
  • Parcel #: 304-94-744

Building Info

  • Builder Name: Fulton

Tax Info

  • Tax Annual Amount: 5785.0
  • Tax Book Number: 304.00
  • Tax Lot: 26
  • Tax Map Number: 94.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Mar 17, 2020
Sold by
Shaik Khaja R and Shaik Shabeena
Bought by
Monroe Eric M and Monroe Janelle R
Seller's Agent
Katie Taylor
Keller Williams Realty Sonoran Living
Buyer's Agent
William May
Breinholt May Realty & Investments
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Current Estimated Value
$1,863,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,826
Avg. Annual Appreciation
11.75%
Original Mortgage
$750,000
Outstanding Balance
$662,965
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,231,183

Purchase Details

Closed on
Aug 24, 2015
Sold by
Fulton Home Sales Corporation
Bought by
Shaik Khaja R and Shaik Shabeena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,900
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Monroe Eric M $1,000,000 Clear Title Agency Of Az
Shaik Khaja R $943,605 First American Title Ins Co
Fulton Home Sales Corporation $252,721 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Eric M $750,000
Previous Owner Shaik Khaja R $749,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $1,000,000 -9.1% $197 / Sq Ft
02/20/2020 02/20/20 Price Changed $1,100,000 -2.2% $216 / Sq Ft
01/24/2020 01/24/20 Price Changed $1,125,000 -2.2% $221 / Sq Ft
11/22/2019 11/22/19 Price Changed $1,150,000 -2.1% $226 / Sq Ft
10/10/2019 10/10/19 For Sale $1,175,000 -- $231 / 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 $6,361 $73,075 -- --
2024 $6,120 $69,595 -- --
2023 $6,120 $147,420 $29,480 $117,940
2022 $5,914 $108,270 $21,650 $86,620
2021 $6,059 $93,330 $18,660 $74,670
2020 $6,014 $82,750 $16,550 $66,200
2019 $5,785 $77,870 $15,570 $62,300
2018 $5,590 $69,850 $13,970 $55,880
2017 $5,244 $65,880 $13,170 $52,710
2016 $5,019 $61,980 $12,390 $49,590
Source: Public Records

Agents Affiliated with this Home

  • Katie Taylor

    Seller's Agent in 2020

    Katie Taylor

    Keller Williams Realty Sonoran Living

    (480) 220-6364

    184 Total Sales

    Katie Taylor
    Section Image
  • James Goodman

    Seller Co-Listing Agent in 2020

    James Goodman

    Keller Williams Realty Sonoran Living

    (480) 612-5866

    209 Total Sales

    James Goodman
    Section Image
  • William May

    Buyer's Agent in 2020

    William May

    Breinholt May Realty & Investments

    (480) 236-2796

    1 in this area

    122 Total Sales

    William May
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5990277

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-94-744

Arizona Maricopa County Gilbert 85298 South Gilbert

2347 E Mead Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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