NOT LISTED FOR SALE

Estimated Value: $914,000 - $985,298

3 Beds
2.5 Baths
2,313 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $963,931 $417 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,190/month

24 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Tennis Courts
  • San Tan Elementary School Rated A
  • Heated Community Pool
  • Covered patio or porch

About This Home

As of November 2023

MOVE IN READY NEW CONSTRUCTION HOME IN THE HEART OF GILBERT! Luxury and Location await when you live in this beautiful home! Atrium at Somerset is the perfect LOCK AND LEAVE boutique neighborhood with luxurious amenities including a resort style pool and clubhouse, indoor and outdoor gathering spaces and lighted pickle ball courts. This home features 3 bedrooms, 2.5 baths, den/office and a 3 car garage with an epoxy finish! Enjoy 10 foot and 12 foot ceilings, 8 foot doors throughout, a gourmet kitchen complete with stainless steel appliances and an ice maker! Also included in this home is tankless water heater, and spray foam insulation, plus much more! You must see this gorgeous home in the best location!!

Last Agent to Sell the Property

Marian Edwards

Capital West Homes Realty LLC License #SA647545000 Listed on: 09/29/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $247

Year Built

  • Built in 2023

Lot Details

  • 5,475 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Brick Exterior Construction
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 2,313 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Fire Sprinkler System
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Higley High School

Utilities

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

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 304-52-932

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • City Property Association, Phone Number (602) 437-4777
  • Built by Capital West Homes
  • Villas At Somerset Subdivision, Residence 2 Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$247

Year Built

Built in 2023

Lot Details

0

HOA Fees

$550 per month

Parking

3

Listing Details

  • Cross Street: Pecos & Greenfield
  • 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: 550.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Tax Year: 2022
  • Directions: East on Pecos to Somerset Blvd. South on Somerset Blvd through round about. Take a left at the first gated entrance on your left.
  • Master Model: Residence 2
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: VILLAS AT SOMERSET
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 550.0
  • Construction Brick: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, 9+ Flat Ceilings, Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2313.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer, Painted, Stucco, Siding, Block, Brick, Frame - Wood, Spray Foam Insulation
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 550.0
  • Association Fee Frequency: Monthly
  • Association Name: Somerset HOA
  • Phone: 602-437-4777 ext 2150
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Somerset HOA
  • Association Fees:HOA Telephone4: 602-437-4777 ext2150
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property
  • Association Fees:HOA Management Phone: 602-437-4777 ext2150
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Higley High School
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5475.0
  • Parcel #: 304-52-932
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Capital West Homes

Tax Info

  • Tax Annual Amount: 247.0
  • Tax Book Number: 304.00
  • Tax Lot: 29
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 29, 2023
Sold by
Capital West Homes Somerset Llc
Bought by
Rhoads Family Trust and Rhoads
Seller's Agent
Marian Edwards
Capital West Homes Realty LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,049,000
Sold Price
$963,931
Premium/Discount to List
-$85,069
-8.11%
Total Days on Market
24
Views
31
Current Estimated Value
$954,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,356
Avg. Annual Appreciation
-0.64%
Original Mortgage
$750,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

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    Don't miss the opportunity to buy this stunning home in its prime location - Atrium at Somerset offers a lifestyle of convenience with its boutique setting and lavish amenities, including a resort-style pool, clubhouse, indoor/outdoor gathering spaces, and illuminated pickleball courts. Experience luxury and prime location in this exquisite residence! Boasting 3 bedrooms, 3 bath baths, and a

    Marian Edwards Capital West Homes Realty LLC

    Section Image

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
Rhoads Family Trust $963,931 Pioneer Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoads Family Trust $746,000
Closed Rhoads Family Trust $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $963,931 +0.4% $417 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $960,000 -8.5% $415 / Sq Ft
09/29/2023 09/29/23 For Sale $1,049,000 -- $454 / 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 $3,388 $42,449 -- --
2024 $256 $40,428 -- --
2023 $256 $12,690 $12,690 $0
2022 $247 $11,715 $11,715 $0
2021 $246 $3,540 $3,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6611271

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-52-932