Seller's Agent in 2018
Mike Schude
Instasold
(480) 201-9593
4 in this area
253 Total Sales
2601 E Arabian Dr Gilbert, AZ 85296
Morrison Ranch NeighborhoodEstimated Value: $827,000 - $913,000
4
Beds
2.5
Baths
3,549
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- On Golf Course
- Heated Pool
- 0.37 Acre Lot
- Greenfield Elementary School Rated A-
- RV Gated
- Vaulted Ceiling
About This Home
As of October 2018HUGE PRICED REDUCTION OF $65,000! Hands down the best opportunity to own a home in Gilbert with a HUGE lot and AMAZING views! This magnificent home is an entertainers dream with an open floor plan, tons of upgrades and a backyard oasis with an RV gate, more than enough room for your toys on a 1/3 of an acre lot. The resort style backyard has impressive golf course views, heated pool/spa, gazebo and large grass area for activities. Enter the home and you will find the following features... Grand entry with plank hardwood flooring, travertine flooring, vaulted ceilings, 2 tone paint, gas fireplace, brand NEW carpet, spacious kitchen with granite countertops and backsplash, bar-top kitchen island, built-in workstation, gorgeous cabinets throughout, gas stove-top, wall oven and microwave, upgraded fans and lighting, downstairs master bedroom with separate entrance to the backyard, spacious master bath with dual sinks and granite counter-tops, separate walk-in shower and garden tub with travertine surround. Upstairs you will find a large open loft that overlooks the living room and family room and 3 extra large secondary bedrooms, this is so hard to find! Don't miss this beautiful home minutes away from Downtown Gilbert, Loop 202, San Tan Village, tons of restaurants and shopping!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,682
Year Built
- Built in 1998
Lot Details
- 0.37 Acre Lot
- On Golf Course
- Cul-De-Sac
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $49 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 10 Open Parking Spaces
- Garage Door Opener
- RV Gated
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 3,549 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Solar Screens
- Living Room with Fireplace
- Security System Leased
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Heated Pool
- Above Ground Spa
Outdoor Features
- Covered Patio or Porch
- Gazebo
- Outdoor Storage
- Built-In Barbecue
Schools
- Greenfield Elementary School
- Greenfield Junior High School
- Highland High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 304-27-142
Community Details
Overview
- Association fees include ground maintenance
- Heywood Realty Association, Phone Number (480) 820-1519
- Built by HANCOCK HOMES
- Greenfield Lakes Subdivision
Recreation
- Golf Course Community
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2018
Closed on
Sep 14, 2018
Sold by
Jasper Mike and Jasper Annette D
Bought by
Nguyen Jason Duy Phung and Bui Phuong Truc
Seller's Agent
Mike Schude
Instasold
Buyer's Agent
Henry Wang
eXp Realty
List Price
$565,000
Sold Price
$480,000
Premium/Discount to List
-$85,000
-15.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,223
Avg. Annual Appreciation
8.65%
Original Mortgage
$309,000
Outstanding Balance
$268,911
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$605,312
Purchase Details
Closed on
Feb 15, 2006
Sold by
Jasper Annette D
Bought by
Jasper Mike and Jasper Annette D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 23, 2004
Sold by
Jasper Michael A
Bought by
Jasper Annette D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 1999
Sold by
Hancock Communities Llc
Bought by
Jasper Michael A and Jasper Annette D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,950
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 1998
Sold by
H C Builders Inc
Bought by
Hancock Communities Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,950
Interest Rate
6.79%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nguyen Jason Duy Phung | $480,000 | Millennium Title Agency Llc | |
| Jasper Mike | -- | Security Title Agency Inc | |
| Jasper Annette D | -- | Netco Title | |
| Jasper Annette D | -- | Netco Title | |
| Jasper Michael A | $278,705 | Lawyers Title Of Arizona Inc | |
| Hancock Communities Llc | -- | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Jason Duy Phung | $309,000 | |
| Previous Owner | Jasper Mike | $445,000 | |
| Previous Owner | Jasper Annette D | $280,000 | |
| Previous Owner | Jasper Michael A | $222,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2018 10/05/18 | Sold | $480,000 | -4.0% | $135 / Sq Ft |
| 09/02/2018 09/02/18 | Pending | -- | -- | -- |
| 08/22/2018 08/22/18 | Price Changed | $500,000 | -3.8% | $141 / Sq Ft |
| 08/17/2018 08/17/18 | Price Changed | $519,900 | 0.0% | $146 / Sq Ft |
| 07/26/2018 07/26/18 | Price Changed | $520,000 | -8.0% | $147 / Sq Ft |
| 07/12/2018 07/12/18 | For Sale | $565,000 | -- | $159 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,242 | $40,863 | -- | -- |
| 2024 | $3,119 | $38,917 | -- | -- |
| 2023 | $3,119 | $57,460 | $11,490 | $45,970 |
| 2022 | $3,013 | $44,010 | $8,800 | $35,210 |
| 2021 | $3,164 | $42,900 | $8,580 | $34,320 |
| 2020 | $3,109 | $40,080 | $8,010 | $32,070 |
| 2019 | $2,864 | $38,310 | $7,660 | $30,650 |
| 2018 | $2,776 | $35,600 | $7,120 | $28,480 |
| 2017 | $2,682 | $34,430 | $6,880 | $27,550 |
| 2016 | $2,711 | $34,160 | $6,830 | $27,330 |
| 2015 | $2,527 | $30,850 | $6,170 | $24,680 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Schude
-
Ann Schude
A
Seller Co-Listing Agent in 2018
Ann Schude
Instasold
(480) 201-3581
2 in this area
84 Total Sales
-
Henry Wang
Buyer's Agent in 2018
Henry Wang
eXp Realty
(480) 221-3112
1 in this area
251 Total Sales
-
Irwin Wong
Buyer Co-Listing Agent in 2018
Irwin Wong
eXp Realty
(480) 826-3808
63 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5792702
APN: 304-27-142
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.
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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