NOT LISTED FOR SALE

2440 E Penedes Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $752,996 - $1,055,000

5 Beds
3 Baths
3,705 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $459,600 $124 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,797/month

65 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Kitchen Island
  • Chandler Traditional Academy-Freedom Rated A
  • Dual Vanity Sinks in Primary Bathroom
  • Zoned Heating

About This Home

As of March 2014

Brand new home under construction on N/S interior premium lot. All the lastest Energy Saving Features such as Radiant barrier, 14SEER A/C and Dual Pane Low-E Vinyl Framed windows! 5 bedrooms and 3 Bathrooms, 3 car garage, everything upgraded! Window coverings, fans! We have picked beautiful Cabinets, Granite and Flooring on this Home!

Last Agent to Sell the Property

Mark Beehler

Fulton Home Sales Corporation License #BR007719000 Listed on: 07/28/2013

Last Buyer's Agent

Lin Lin

ECLAT Real Estate License #BR639647000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 8,402 Sq Ft Lot
  • Block Wall Fence

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,705 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Chandler Traditional Academy - Freedom Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Freeman Farms Association, Phone Number (480) 345-0046
  • Built by Fulton Homes
  • Freeman Farms Subdivision, Kingston Floorplan

Listing and Financial Details

  • Tax Lot 407
  • Assessor Parcel Number 304-81-682

Home Details

Home Type

Single Family

Est. Annual Taxes

$542

Year Built

Built in 2013 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Ocotillo and Greenfield
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 85.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2013
  • Tax Year: 2011
  • Directions: Home is located on the SE corner of Ocotillo and Greenfield.
  • Master Model: Kingston
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: Freeman Farms
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 255.0
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Separate Shwr & Tub, Granite Counters
  • Living Area: 3705.0
  • Stories: 2
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Freeman Farms
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 255.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Freeman Farms
  • Association Fees:HOA Telephone4: 480-345-0046
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 255.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Chandler Traditional Academy - Freedom
  • High School: Perry High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8402.0
  • Parcel #: 304-81-682
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Fulton Homes

Tax Info

  • Tax Annual Amount: 542.0
  • Tax Book Number: 304.00
  • Tax Lot: 407
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2013
Closed on
Mar 17, 2014
Sold by
Sun Ke Fu and Xue Li Qin
Bought by
Xue Li Qin
Seller's Agent
Mark Beehler
Fulton Home Sales Corporation
Buyer's Agent
Lin Lin
ECLAT Real Estate
List Price
$459,401
Sold Price
$459,600
Premium/Discount to List
$199
0.04%
Total Days on Market
65
Current Estimated Value
$848,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,149
Avg. Annual Appreciation
5.59%
Original Mortgage
$310,000
Outstanding Balance
$236,991
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$608,288

Purchase Details

Listed on
Jul 28, 2013
Closed on
Mar 14, 2014
Sold by
Fulton Homes Sales Corporation
Bought by
Xue Li Qin and Sun Xia Bing
Seller's Agent
Mark Beehler
Fulton Home Sales Corporation
Buyer's Agent
Lin Lin
ECLAT Real Estate
List Price
$459,401
Sold Price
$459,600
Premium/Discount to List
$199
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$236,991
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$608,288
Source: Public Records

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Range of Values:

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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
Xue Li Qin -- First American Title Ins Co
Xue Li Qin $459,600 First American Title Ins Co
Fulton Homes Sales Corporation $226,666 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xue Li Qin $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $459,600 0.0% $124 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $459,401 -- $124 / 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 $3,513 $44,169 -- --
2024 $3,421 $42,065 -- --
2023 $3,421 $56,350 $11,270 $45,080
2022 $3,294 $43,300 $8,660 $34,640
2021 $3,394 $39,720 $7,940 $31,780
2020 $3,370 $38,560 $7,710 $30,850
2019 $3,238 $35,730 $7,140 $28,590
2018 $3,123 $34,250 $6,850 $27,400
2017 $2,905 $34,660 $6,930 $27,730
2016 $2,782 $35,060 $7,010 $28,050
2015 $2,707 $33,280 $6,650 $26,630
Source: Public Records

Agents Affiliated with this Home

  • Mark Beehler

    Seller's Agent in 2014

    Mark Beehler

    Fulton Home Sales Corporation

    (480) 279-0935

    Section Image
  • Lin Lin

    Buyer's Agent in 2014

    Lin Lin

    ECLAT Real Estate

    (480) 527-3230

    26 Total Sales

    Lin Lin
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4974444

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-682

Arizona Maricopa County Gilbert 85298 South Gilbert

2440 E Penedes Dr, Gilbert, AZ

This home is located at 2440 E Penedes Dr, Gilbert, AZ 85298 since 28 July 2013 and is currently estimated at $848,749, approximately $229 per square foot. This property was built in 2013. 2440 E Penedes Dr is a home located in Maricopa County with nearby schools including Chandler Traditional Academy-Freedom, Ball Charter Schools (Val Vista), 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

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