NOT LISTED FOR SALE

Estimated Value: $603,365 - $667,000

3 Beds
2 Baths
2,005 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $350,000 $175 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,598/month

80 Days on Market

Highlights

  • Waterfront
  • 0.23 Acre Lot
  • Vaulted Ceiling
  • Burk Elementary School Rated A-
  • Community Lake
  • Spanish Architecture

About This Home

As of January 2018

This home is a rare find in the beautiful lake community of Stonebridge Lakes Estates. There is an amazing lake view with a meandering brick walkway down to the lake. Completing the backyard is lush landscaping including fruit trees and an extended 33 X 14 covered brick patio. Ceramic tile entry way leads to formal living and dining area complete with custom shutters. Kitchen includes bay window eating area, walk-in pantry, butcher block island, smooth top stove with microwave and Kitchen Aid refrigerator. Family room adjoins kitchen & has a corner fireplace, French doors lead to the patio from the family room & master bedroom. Awesome location is close to downtown Gilbert with all the fantastic restaurants & outside patio seating. Easy access to freeways, shopping and schools.

Last Agent to Sell the Property

Jo Ann Webley

Prestige Realty License #BR043116000 Listed on: 10/13/2017

Prestige Realty

Co-Listed By

Cheryl Martin

Good Oak Real Estate License #SA527399000

Last Buyer's Agent

David Koon

Compass License #BR631959000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1990

Lot Details

  • 9,993 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Block Wall Fence

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Burk Elementary School
  • Gilbert Classical Academy Jr. Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 192
  • Assessor Parcel Number 304-97-393

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Association, Phone Number (480) 719-4524
  • Built by UDC
  • Stonebridge Lakes Estates Unit Two Lt 1 203 Tr A H Subdivision, Waterfront Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 1990

Lot Details

0

HOA Fees

$53 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Elliot
  • 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: 52.5
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1990
  • Tax Year: 2017
  • Master Model: Waterfront
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: rmal01
  • Co List Office Phone: 480-892-5300
  • Subdivision Name: STONEBRIDGE LAKES ESTATES UNIT TWO LT 1-203 TR A-H
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 174.56
  • Association Fees:HOA Fee2: 315.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • 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: 2005.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Waterfront Lot, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • 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: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Pool, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 315.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Stonebridge Lakes
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Stonebridge Lakes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Spectrum
  • Association Fees:HOA Management Phone: 480-7194524
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Classical Academy Jr.

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9993.0
  • Parcel #: 304-97-393
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 2795.0
  • Tax Book Number: 304.00
  • Tax Lot: 192
  • Tax Map Number: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Testa John Joseph and Muler Karen L
Bought by
Testa John Joseph and Testa Karen Lynn
Current Estimated Value
$641,500

Purchase Details

Listed on
Oct 13, 2017
Closed on
Jan 17, 2018
Sold by
Peelen Christine Dearing and Lynne M Dearing Revocable Trus
Bought by
Testa John Joseph and Muler Karen L
Seller's Agent
Jo Ann Webley
Prestige Realty
Buyer's Agent
David Koon
Compass
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$160,000
Outstanding Balance
$89,928
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$549,663

Purchase Details

Closed on
Mar 1, 2017
Sold by
Dearing Lynne M
Bought by
Dearing Lynne M and Peelen Christine Dearing

Purchase Details

Closed on
Jun 18, 2002
Sold by
Dearing Richard C and Dearing Lynne M
Bought by
Richard & Lynne Dearing Revocable Trust

Purchase Details

Closed on
Jun 13, 2002
Sold by
Hillock Thomas J
Bought by
Dearing Richard C and Dearing Lynne M

Purchase Details

Closed on
Feb 17, 1999
Sold by
Hillock Nedra
Bought by
Nedra B Hillock Revocable Family Trust and Hillock Nedra B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Testa John Joseph -- None Available
Testa John Joseph $350,000 American Title Service Agenc
Dearing Lynne M -- None Available
Richard & Lynne Dearing Revocable Trust -- Capital Title Agency Inc
Dearing Richard C $230,000 Capital Title Agency Inc
Nedra B Hillock Revocable Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa John Joseph $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $350,000 -2.8% $175 / Sq Ft
10/13/2017 10/13/17 For Sale $360,000 -- $180 / 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 $2,191 $36,630 -- --
2024 $2,676 $34,886 -- --
2023 $2,676 $47,010 $9,400 $37,610
2022 $2,595 $35,760 $7,150 $28,610
2021 $2,741 $33,160 $6,630 $26,530
2020 $2,699 $31,400 $6,280 $25,120
2019 $2,481 $29,700 $5,940 $23,760
2018 $2,405 $27,920 $5,580 $22,340
2017 $2,795 $26,850 $5,370 $21,480
2016 $2,865 $23,770 $4,750 $19,020
2015 $2,613 $26,260 $5,250 $21,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5673864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-97-393