$381,000
SOLD MAR 1, 2021
4 Beds
2.5 Baths
2,314 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Spectrum Elementary School Rated A
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of March 2021

Great family home in the heart of Gilbert. Currently has good long term tenants on a MTM lease that would like to stay (great for investors) OR they will move if purchased as owner occupied. This home has all the right upgrades including granite counters, a downstairs master plus a large backyard with over 700sqft of beautiful artificial grass and a large covered paver patio. The upstairs is perfect for families with a large loft and 3 bedrooms and 2 bathrooms for the kids. Great schools and parks close by. Plus only a mile and a half from San Tan mall. Come make this home yours before it's gone!

Last Agent to Sell the Property

Shawn Rogers

West USA Realty License #SA569673000 Listed on: 01/15/2021

West USA Realty

Co-Listed By

Michael Lee

West USA Realty License #SA647987000

Last Buyer's Agent

Melissa Spade

Compass License #SA670416000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 2004

Lot Details

  • 5,250 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Artificial Turf

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Security System Owned

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 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

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Highland Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Spectrum Community Association, Phone Number (480) 726-8080
  • Association Phone (480) 726-8080
  • Built by KB Homes
  • Villages At The Spectrum Parcel 1 Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 309-31-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,735

Year Built

Built in 2004

Lot Details

0

HOA Fees

$94 per month

Parking

2

Listing Details

  • Cross Street: Williams Field/ValVista
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Spectrum Community
  • HOA #2 Phone Number: 480-726-8080
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 94.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2020
  • Directions: South on ValVista, right on Spectrum way, Turn right on Sailors way, to the last Cul-de-sac on the left side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: wusa04
  • Co List Office Phone: 480-820-3333
  • Subdivision Name: VILLAGES AT THE SPECTRUM PARCEL 1
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 216.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2314.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association #2 Fee: 66.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 216.0
  • Association Fee Frequency: Quarterly
  • Association: Spectrum Community
  • Association Name: Spectrum Community
  • Association Phone #2: 480-726-8080
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Spectrum Community
  • Association Fees:HOA Telephone4: 480-726-8080
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Highland Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5250.0
  • Parcel #: 309-31-040

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1735.0
  • Tax Book Number: 309.00
  • Tax Lot: 40
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 22, 2021
Sold by
Welsch Kevan
Bought by
Zhu Zenghao and Wang Qiuyun
Seller's Agent
Shawn Rogers
West USA Realty
Buyer's Agent
Melissa Spade
Compass
List Price
$399,900
Sold Price
$381,000
Premium/Discount to List
-$18,900
-4.73%
Current Estimated Value
$516,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,921
Avg. Annual Appreciation
7.13%
Original Mortgage
$285,750
Outstanding Balance
$258,472
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$258,449

Purchase Details

Closed on
Jun 1, 2007
Sold by
Welsch Lizabelle
Bought by
Welsch Kevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2005
Sold by
Shlimon Sal
Bought by
Shlimon Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,492
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kb Home Sales Phoenix Inc
Bought by
Shlimon Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,492
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac
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 $381,000 Great American Ttl Agcy Inc
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $293,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $259,989 First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,750 New Conventional
Previous Owner $238,475 New Conventional
Previous Owner $58,600 Credit Line Revolving
Previous Owner $234,400 New Conventional
Previous Owner $208,492 Fannie Mae Freddie Mac
Previous Owner $208,492 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Rented $2,395 0.0% --
09/23/2022 09/23/22 Price Changed $2,395 -4.0% $1 / Sq Ft
09/09/2022 09/09/22 Price Changed $2,495 -3.9% $1 / Sq Ft
09/06/2022 09/06/22 For Rent $2,595 0.0% --
03/01/2021 03/01/21 Sold $381,000 -4.7% $165 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $399,900 -- $173 / 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 $1,960 $23,329 -- --
2024 $2,075 $22,218 -- --
2023 $2,075 $37,370 $7,470 $29,900
2022 $2,018 $27,930 $5,580 $22,350
2021 $2,083 $26,780 $5,350 $21,430
2020 $1,735 $24,850 $4,970 $19,880
2019 $1,596 $22,600 $4,520 $18,080
2018 $1,546 $21,350 $4,270 $17,080
2017 $1,492 $20,150 $4,030 $16,120
2016 $1,535 $19,450 $3,890 $15,560
2015 $1,404 $17,810 $3,560 $14,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6181276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-31-040