$555,000
SOLD JUN 24, 2024

2540 S Loren Ln Gilbert, AZ 85295

Southwest Gilbert Neighborhood
3 Beds
2 Baths
1,788 Sq Ft
6,712 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

3% Below List Price

47 Days on Market

Highlights

  • RV Gated
  • Santa Barbara Architecture
  • Private Yard
  • Quartz Hill Elementary School Rated A
  • Granite Countertops
  • Covered patio or porch

About This Home

As of June 2024

Welcome to your new home! This 3-bedroom plus den, 2-bath residence boasts a split floor plan for privacy. The master suite impresses with a separate tub and shower, dual sinks, and a walk-in closet. A versatile den/office near the entrance adds functionality. The eat-in kitchen, with a walk-in pantry, seamlessly connects to the dining and family rooms. Enjoy the covered patio in the spacious backyard, perfect for gatherings. Upgrades include extra insulation, pavered driveway/patio/walkways, 2'' faux wood blinds, garage cabinets and epoxy floors, 42'' cabinets, and more! Conveniently located near shopping, schools, restaurants, and freeways, this home offers everything you need. Don't miss out, make it yours today!

Last Agent to Sell the Property

Carlie Goulet

Keller Williams Realty Phoenix License #BR526378000 Listed on: 04/13/2024

Keller Williams Realty Phoenix

Last Buyer's Agent

Lynn Kincaid

Century 21 Arizona Foothills License #SA529507000

Century 21 Arizona Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 2014

Lot Details

  • 6,712 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

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

Schools

  • Quartz Hill Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

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

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 313-18-081

Community Details

Overview

  • Association fees include ground maintenance
  • Associated Asset Mgt Association, Phone Number (602) 957-9191
  • Built by Meritage Homes
  • Gilbert Commons Enclave Subdivision, Bacall/1780 Floorplan
  • FHA/VA Approved Complex

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 2014

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Cross Street: Gilbert & Williamsfeld Roads
  • 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: 95.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Green Energy Certified Year: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2023
  • Directions: From Williamsfield: South on Gilbert. East (left) on Boston. North (1st Left) on Loren to home in corner on left hand side of road. Welcome Home!
  • Master Model: Bacall/1780
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Gilbert Commons Enclave
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 95.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1788.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, ENERGY STAR Qualified Windows, Low-E, Vinyl Frame
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood, Spray Foam Insulation
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 95.0
  • Association Fee Frequency: Monthly
  • Association Name: Gilbert Commons Encl
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gilbert Commons Encl
  • Association Fees:HOA Telephone4: 602.957.9191
  • 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
  • Association Fees:HOA Management Company: Associated Asset Mgt
  • Association Fees:HOA Management Phone: 602.957.9191

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Quartz Hill Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6712.0
  • Parcel #: 313-18-081
  • ResoLotSizeUnits: SquareFeet

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2256.0
  • Tax Book Number: 313.00
  • Tax Lot: 7
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 24, 2024
Sold by
Jondee Trust and Faulkner Jon K
Bought by
Walker Brooke and Loya Nathan
Seller's Agent
Carlie Goulet
Keller Williams Realty Phoenix
Buyer's Agent
Lynn Kincaid
Century 21 Arizona Foothills
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Total Days on Market
47
Views
55
Current Estimated Value
$563,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,154
Avg. Annual Appreciation
1.53%
Original Mortgage
$470,000
Outstanding Balance
$466,512
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$96,642

Purchase Details

Closed on
Apr 11, 2018
Sold by
Faulkner Jon K and Faulkner Dondee
Bought by
Faulkner Jon K and Faulkner Dondee

Purchase Details

Closed on
Nov 20, 2013
Sold by
Meritage Homes Of Arizona Inc
Bought by
Faulkner Jon K and Faulkner Dondee
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 Type Sale Price Title Company
Warranty Deed $555,000 Magnus Title Agency
Interfamily Deed Transfer -- None Available
Cash Sale Deed $289,224 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $555,000 -1.8% $310 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $565,000 -1.7% $316 / Sq Ft
04/13/2024 04/13/24 For Sale $575,000 -- $322 / 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 $1,861 $25,385 -- --
2024 $2,256 $24,176 -- --
2023 $2,256 $39,810 $7,960 $31,850
2022 $2,193 $34,360 $6,870 $27,490
2021 $2,265 $32,260 $6,450 $25,810
2020 $2,234 $30,100 $6,020 $24,080
2019 $2,077 $28,250 $5,650 $22,600
2018 $2,019 $25,350 $5,070 $20,280
2017 $1,954 $23,420 $4,680 $18,740
2016 $2,005 $22,620 $4,520 $18,100
2015 $1,829 $19,980 $3,990 $15,990
Source: Public Records

Agents Affiliated with this Home

  • Carlie Goulet

    Seller's Agent in 2024

    Carlie Goulet

    Keller Williams Realty Phoenix

    (480) 788-9660

    1 in this area

    35 Total Sales

    Carlie Goulet
    Section Image
  • Lynn Kincaid

    Buyer's Agent in 2024

    Lynn Kincaid

    Century 21 Arizona Foothills

    (480) 225-4160

    2 in this area

    77 Total Sales

    Lynn Kincaid
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6691063

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-081

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

2540 S Loren Ln, Gilbert, AZ

This home is located at 2540 S Loren Ln, Gilbert, AZ 85295 and is currently priced at $555,000, approximately $310 per square foot. This property was built in 2014. 2540 S Loren Ln is a home located in Maricopa County with nearby schools including Quartz Hill Elementary School, South Valley Jr. High School, and Campo Verde High 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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