NOT LISTED FOR SALE

261 S Colonia Ct Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $680,955 - $749,000

4 Beds
2 Baths
2,662 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $348,000 $131 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,237/month

38 Days on Market

Highlights

  • RV Gated
  • 0.3 Acre Lot
  • 3 Car Direct Access Garage
  • Gilbert Elementary School Rated A-
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of December 2014

Happiness is just a doorstep away in this stunning Gilbert home! Situated on a large Cul De Sac lot this 3 car garage home has plenty of space for everything! Cross the threshold and you are greeted with vaulted ceilings, a soothing color palette, neutral carpet & tile flooring, picture windows and amazing architectural design. Contemporary kitchen features stainless steel appliances, an abundance of white cabinets & counter space, a center island and a pantry. Each spacious bedroom has plush carpet, ceiling fan and picture windows. The master bedroom includes a walk in closet & relaxing spa like bath. Enjoy the AZ weather year round while you lounge in the enclosed extended covered patio that overlooks lush green grass, tall pines and meticulous desert landscape. Make it yours today!

Last Agent to Sell the Property

Lisa Houlihan

LPT Realty, LLC License #SA563309000 Listed on: 10/18/2014

LPT Realty, LLC

Last Buyer's Agent

Becky Kitson

Real Broker License #SA634416000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Schools

  • Mesquite Elementary School - Gilbert
  • Mesquite Jr High Middle School
  • Gilbert High School

Utilities

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

Additional Features

  • Screened Patio
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 309-12-202

Community Details

Overview

  • Association fees include ground maintenance
  • Farmhouse Meadows Association, Phone Number (480) 719-4524
  • Built by SHEA HOMES
  • Farmhouse Meadows Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 1997

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Cross Street: Elliot & Gilbert
  • 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: 71.33
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2013
  • Directions: South on Gilbert Rd, Left on Rawhide Ave, Left on Gibson St, Gibson turns right and becomes Horseshoe Ave, Right on Colonia Circle
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.3
  • Subdivision Name: Farmhouse Meadows
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 214.0
  • 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
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Bath Grab Bars
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2662.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E
  • Fireplace:No Fireplace: 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
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s), Screened in Patio(s)
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • 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: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 214.0
  • Association Fee Frequency: Quarterly
  • Association Name: Farmhouse Meadows
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Farmhouse Meadows
  • Association Fees:HOA Telephone4: 480-719-4524
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Mesquite Elementary School - Gilbert
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13007.0
  • Parcel #: 309-12-202
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: SHEA HOMES

Tax Info

  • Tax Annual Amount: 1796.0
  • Tax Book Number: 309.00
  • Tax Lot: 88
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Heaton Joshua and Heaton Emily Benton
Bought by
Infinitely Indeterminate Trust and Heaton
Current Estimated Value
$728,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$298,067
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$430,454

Purchase Details

Listed on
Oct 18, 2014
Closed on
Dec 4, 2014
Sold by
Sun Valley Church Of Christ Inc
Bought by
Heaton Joshua and Heaton Emily Benton
Seller's Agent
Lisa Houlihan
LPT Realty, LLC
Buyer's Agent
Becky Kitson
Real Broker
List Price
$363,000
Sold Price
$348,000
Premium/Discount to List
-$15,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$330,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1997
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Moloney James F and Moloney Martha E

Purchase Details

Closed on
Jun 18, 1997
Sold by
Shea Homes Ltd Partnership
Bought by
Shea Homes Arizona Ltd Partnership
Source: Public Records

Range of Values:

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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
Infinitely Indeterminate Trust -- None Listed On Document
Heaton Joshua $348,000 Lawyers Title Of Arizona Inc
Moloney James F $170,176 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinitely Indeterminate Trust $300,000
Previous Owner Heaton Joshua $298,000
Previous Owner Heaton Joshua $330,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $348,000 -3.3% $131 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $359,900 -0.9% $135 / Sq Ft
10/18/2014 10/18/14 For Sale $363,000 -- $136 / 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 $2,340 $32,021 -- --
2024 $2,358 $30,496 -- --
2023 $2,358 $48,380 $9,670 $38,710
2022 $2,285 $37,500 $7,500 $30,000
2021 $2,412 $35,930 $7,180 $28,750
2020 $2,371 $33,500 $6,700 $26,800
2019 $2,185 $31,310 $6,260 $25,050
2018 $2,120 $29,300 $5,860 $23,440
2017 $2,047 $27,660 $5,530 $22,130
2016 $2,106 $26,960 $5,390 $21,570
2015 $1,924 $26,270 $5,250 $21,020
Source: Public Records

Agents Affiliated with this Home

  • Lisa Houlihan

    Seller's Agent in 2014

    Lisa Houlihan

    LPT Realty, LLC

    (602) 620-9465

    3 Total Sales

    Section Image
  • Becky Kitson

    Buyer's Agent in 2014

    Becky Kitson

    Real Broker

    (602) 295-9695

    21 Total Sales

    Section Image

  • R

    Buyer's Agent in 2014

    Rebecca Kitson

    Keller Williams Realty Sonoran Living

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5187705

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-12-202

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

261 S Colonia Ct, Gilbert, AZ

This home is located at 261 S Colonia Ct, Gilbert, AZ 85296 since 18 October 2014 and is currently estimated at $723,489, approximately $271 per square foot. This property was built in 1997. 261 S Colonia Ct is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Gilbert Arts Academy.

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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