NOT LISTED FOR SALE

2564 S Martingale Rd Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $498,000 - $517,423

3 Beds
2 Baths
1,623 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $285,000 $176 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,898/month

5 Days on Market

Highlights

  • RV Gated
  • Solar Power System
  • 2 Car Direct Access Garage
  • Chaparral Elementary School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of February 2018

Welcome home to incredible utility savings. This home has an amazing solar array that will save you thousands each year in electrical expense. The system is OWNED so no lease payments. The cost was over $60,000 when installed and most months the utility bill is the cost of being connected to the grid (under $30). This amazing home has 3 bedrooms and 2 baths with an open kitchen, stainless appliances, lots of tile and a resort style backyard with pebble tec play pool, lush landscaping and built in bbq area. There is an RV gate and 2 car garage as well. The master bedroom is huge and the bath features double sinks, walk in closet and separate tub/shower. Buyer to verify all info to their satisfaction.

Last Agent to Sell the Property

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 01/12/2018

Last Buyer's Agent

Carlee Brown

Realty ONE Group License #SA672792000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 2001

Lot Details

  • 7,020 Sq Ft Lot
  • Block Wall Fence

Parking

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

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,623 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Chaparral Elementary School - Gilbert
  • Cooley Middle School
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 304-48-129

Community Details

Overview

  • Property has a Home Owners Association
  • Premier Community Mg Association, Phone Number (480) 704-2900
  • Built by Shea Homes
  • Chaparral Estates Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Higley and Williams Field Rd
  • 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: 51.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Year Built: 2001
  • Tax Year: 2017
  • Directions: South to __________, east to Martingale and north to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: CHAPARRAL ESTATES
  • Efficiency: Solar Panels, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 154.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1623.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Play Pool
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee Frequency: Quarterly
  • Association Name: Chaparral Estates
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Chaparral Estates
  • Association Fees:HOA Telephone4: (480)704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Community Mg
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Chaparral Elementary School - Gilbert
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7020.0
  • Parcel #: 304-48-129
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 1907.0
  • Tax Book Number: 304.00
  • Tax Lot: 102
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jan 30, 2018
Sold by
Morris John D
Bought by
Chin Jason
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Carlee Brown
Realty ONE Group
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$506,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,606
Avg. Annual Appreciation
8.08%
Original Mortgage
$285,000
Outstanding Balance
$243,893
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$268,610

Purchase Details

Closed on
Apr 6, 2009
Sold by
Al Khafagi Mohammed
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2001
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Morris John D and Morris Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,850
Interest Rate
6.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chin Jason $285,000 Thomas Title & Escrow
Federal National Mortgage Association $114,731 First American Title
Morris John D -- First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Jason $285,000
Previous Owner Morris John D $127,800
Previous Owner Morris John D $158,000
Previous Owner Morris John D $144,474
Previous Owner Morris John D $141,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $285,000 0.0% $176 / Sq Ft
01/11/2018 01/11/18 For Sale $285,000 0.0% $176 / Sq Ft
02/18/2016 02/18/16 Rented $1,600 0.0% --
02/10/2016 02/10/16 Under Contract -- -- --
02/04/2016 02/04/16 Price Changed $1,600 -11.1% $1 / Sq Ft
01/27/2016 01/27/16 For Rent $1,800 -- --
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 $1,719 $22,200 -- --
2024 $1,800 $21,143 -- --
2023 $1,800 $35,920 $7,180 $28,740
2022 $1,721 $27,710 $5,540 $22,170
2021 $1,767 $25,360 $5,070 $20,290
2020 $1,799 $23,760 $4,750 $19,010
2019 $1,741 $21,780 $4,350 $17,430
2018 $1,680 $20,420 $4,080 $16,340
2017 $1,907 $18,680 $3,730 $14,950
2016 $1,928 $17,900 $3,580 $14,320
2015 $1,436 $17,080 $3,410 $13,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5707644

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-48-129