NOT LISTED FOR SALE

243 N Cottonwood Dr Unit 3 Gilbert, AZ 85234

Downtown Gilbert Neighborhood

Estimated Value: $599,000 - $629,000

4 Beds
2 Baths
2,298 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 18, 2015

Last sale price $295,000 $128 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,498/month

63 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Vaulted Ceiling
  • Burk Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2015

$20,000 Price Reduction!!! AND
NEW GRANITE COUNTERTOPS WERE INSTALLED ON 09/04/15. Location, Location, Location, Downtown Gilbert close to ALL of the New Restaurants. This is a Large, Beautiful Single Level, 3 Bedroom 2 Bath Home with a Private Pool, Jacuzzi, and Gazebo in the Backyard, and a 3-Car Garage. The Family Room is Very Spacious and features a Built-in Fireplace, The Master Bedroom is also Very Spacious with a Large Walk-in Closet with Custom Cabinets, and the 3-Car Garage features Built-in Cabinets and Newly Epoxy Coated Floor on 09/12/15. A Premium Home Warranty is Included in the Purchase Price with a Full Price Offer. This Premium Home Warranty is by HWA, Home Warranty of America, and covers The Roof, The Air Conditioner, ALL Electric, ALL Plumbing, ALL Appliances, and The Private Pool for 13 Months from COE, and has a Value of $685.00

Last Agent to Sell the Property

Rich Giddings

Model Perfect Homes License #BR526123000 Listed on: 08/01/2015

Model Perfect Homes

Last Buyer's Agent

Frank Pautz

West USA Realty License #SA631605000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1993

Lot Details

  • 7,449 Sq Ft Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,298 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • 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

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 304-97-444

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Stonebridge Lakes Association, Phone Number (480) 345-0046
  • Built by Continental
  • Stonebridge Lakes Estates Subdivision, Large Single Level Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,889

Year Built

Built in 1993

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Cross Street: Gilbert & 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: 50.0
  • 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: 1993
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: Elliot Road between Gilbert/Lindsay, Take Burk North to Vaughn (Lake will be on the right) Take a Left and follow Vaughn around to Cottonwood. 243 N Cottonwood is the Corner Lot facing the Greenbelt
  • Master Model: Large Single Level
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: STONEBRIDGE LAKES ESTATES
  • Architectural Style: Contemporary, Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 300.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2298.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • Community Features:Community Pool: Yes
  • 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
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio, Private Street(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, VA Approved Prjct
  • Association Fee: 300.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Stonebridge Lakes
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Stonebridge Lakes
  • Association Fees:HOA Telephone4: 480-345-0046
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Gilbert 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: 7449.0
  • Parcel #: 304-97-444
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1889.0
  • Tax Book Number: 304.00
  • Tax Lot: 30
  • Tax Map Number: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Bowersock Lisa and Bowersock Christopher
Bought by
Bowersock Christopher
Current Estimated Value
$618,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,885
Outstanding Balance
$429,508
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$181,770

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 1, 2015
Sold by
Herman Sue R
Bought by
Bowersock Lisa and Bowersock Christopher
Seller's Agent
Rich Giddings
Model Perfect Homes
Buyer's Agent
Frank Pautz
West USA Realty
List Price
$324,900
Sold Price
$295,000
Premium/Discount to List
-$29,900
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$261,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2014
Sold by
Carr Thomas C and Carr Fiona D
Bought by
Herman Sue R

Purchase Details

Closed on
Jul 7, 2004
Sold by
Oconnell Gary J and Oconnell Kathleen L
Bought by
Carr Thomas C and Carr Fiona D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Oconnell Kathleen L
Bought by
Oconnell Gary J and Oconnell Kathleen L
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
Bowersock Christopher $110,000 Amrock Inc
Bowersock Lisa $290,000 First American Title Ins Co
Herman Sue R $294,000 First American Title Ins Co
Carr Thomas C $249,000 Dhi Title Of Arizona Inc
Oconnell Gary J -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowersock Christopher $45,000
Open Bowersock Christopher $463,885
Previous Owner Bowersock Lisa $35,000
Previous Owner Bowersock Lisa $276,000
Previous Owner Bowersock Lisa $261,000
Previous Owner Herman Sue R $20,000
Previous Owner Carr Thomas C $268,429
Previous Owner Carr Thomas C $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2015 10/18/15 Sold $295,000 -1.6% $128 / Sq Ft
09/24/2015 09/24/15 Price Changed $299,900 -1.6% $131 / Sq Ft
09/18/2015 09/18/15 Price Changed $304,900 -3.2% $133 / Sq Ft
09/13/2015 09/13/15 Price Changed $314,900 -1.6% $137 / Sq Ft
09/10/2015 09/10/15 Price Changed $319,900 -1.3% $139 / Sq Ft
08/27/2015 08/27/15 Price Changed $324,000 -0.2% $141 / Sq Ft
08/21/2015 08/21/15 Price Changed $324,500 -0.1% $141 / Sq Ft
08/01/2015 08/01/15 For Sale $324,900 -- $141 / 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 $2,212 $30,441 -- --
2024 $2,229 $28,991 -- --
2023 $2,229 $44,080 $8,810 $35,270
2022 $2,162 $33,420 $6,680 $26,740
2021 $2,283 $31,350 $6,270 $25,080
2020 $2,249 $29,500 $5,900 $23,600
2019 $2,069 $27,350 $5,470 $21,880
2018 $2,007 $25,480 $5,090 $20,390
2017 $1,936 $24,610 $4,920 $19,690
2016 $1,992 $22,470 $4,490 $17,980
2015 $1,823 $23,960 $4,790 $19,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5315093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-97-444