NOT LISTED FOR SALE

Estimated Value: $501,083 - $526,000

4 Beds
2.5 Baths
2,430 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $240,000 $99 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,101/month

145 Days on Market

Highlights

  • Clubhouse
  • Covered patio or porch
  • Eat-In Kitchen
  • Spectrum Elementary School Rated A
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of July 2015

Beautiful move in ready home in wonderful Spectrum neighborhood. Great family friendly floor plan with lots of extra space. Over-sized master bedroom, huge walk in closet, open loft. Lots of upgrades, downstairs is all tile, marble counter tops, gas stove, RO system. Low maintenance front and back yard. Citrus trees. Community features open parks, playgrounds and Spectrum Elementary School. Close to everything in Gilbert. Close to San Tan Village, Mercy Gilbert Hospital, 202 freeway. Walk to shopping and dining in Spectrum Falls. Great home for a great price! Buyer to verify all facts and figures of importance.

Last Agent to Sell the Property

Mark Newman

Realty ONE Group License #BR549923000 Listed on: 01/15/2015

Last Buyer's Agent

Scott Brown

Realty ONE Group License #SA632731000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 2005

Lot Details

  • 3,825 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Eat-In Kitchen

Flooring

  • Carpet
  • 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

Schools

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 309-31-043

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Comm Assoc Association, Phone Number (480) 921-7500
  • Cmcc Association, Phone Number (480) 921-7500
  • Association Phone (480) 921-7500
  • Built by KB Homes
  • Spectrum Subdivision
  • FHA/VA Approved Complex

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 2005

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Cross Street: Val Vista and Frye
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: CMCC
  • HOA #2 Phone Number: 480-921-7500
  • 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: 89.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2014
  • Directions: West on Frye, right on Sailors Way, home on the left in circle drive.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Spectrum
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 201.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2430.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path, Clubhouse
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • Association #2 Fee: 66.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 201.0
  • Association Fee Frequency: Quarterly
  • Association: CMCC
  • Association Name: Spectrum Comm Assoc
  • Association Phone #2: 480-921-7500
  • Phone: 480-921-7500
  • 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: Spectrum Comm Assoc
  • Association Fees:HOA Telephone4: 480-921-7500
  • 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: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3825.0
  • Parcel #: 309-31-043
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Book Number: 309.00
  • Tax Lot: 43
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 29, 2015
Sold by
Vu Steve and Vu Steven
Bought by
Liggett Lacy and Liggett Matthew
Seller's Agent
Mark Newman
Realty ONE Group
Buyer's Agent
Scott Brown
Realty ONE Group
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Total Days on Market
145
Current Estimated Value
$514,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,521
Avg. Annual Appreciation
7.97%
Original Mortgage
$235,653
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2008
Sold by
Do Thuytrang Thi
Bought by
Vu Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vu Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Suan Teresa M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 6, 2007
Sold by
Suan Ronald O
Bought by
Suan Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2007
Sold by
Yakhi Amad
Bought by
Suan Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kb Home Sales Phoenix Inc
Bought by
Yakhi Amad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,781
Interest Rate
5.87%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Liggett Lacy $240,000 Old Republic Title
Vu Steven -- Chicago Title
Vu Steve $225,000 Service Link
Federal Home Loan Mortgage Corporation -- Fidelity National Title Ca I
Aurora Loan Services Llc $256,694 None Available
Suan Teresa M -- North American Title Co
Suan Teresa $299,000 North American Title Co
Yakhi Amad $266,086 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liggett Lacy $9,426
Open Liggett Lacy $45,924
Closed Liggett Lacy $14,335
Open Liggett Lacy $250,813
Closed Liggett Lacy $234,927
Closed Liggett Lacy $235,653
Previous Owner Vu Steve $161,300
Previous Owner Vu Steven $168,750
Previous Owner Suan Teresa M $239,200
Previous Owner Suan Teresa $59,800
Previous Owner Yakhi Amad $252,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $240,000 -2.0% $99 / Sq Ft
04/16/2015 04/16/15 Price Changed $244,900 -2.0% $101 / Sq Ft
03/11/2015 03/11/15 For Sale $249,900 +4.1% $103 / Sq Ft
03/08/2015 03/08/15 Off Market $240,000 -- --
01/15/2015 01/15/15 For Sale $249,900 -- $103 / 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 $1,659 $22,708 -- --
2024 $1,673 $21,627 -- --
2023 $1,673 $36,160 $7,230 $28,930
2022 $1,623 $27,150 $5,430 $21,720
2021 $1,711 $26,100 $5,220 $20,880
2020 $1,684 $24,180 $4,830 $19,350
2019 $1,549 $21,930 $4,380 $17,550
2018 $1,500 $20,610 $4,120 $16,490
2017 $1,448 $19,530 $3,900 $15,630
2016 $1,490 $18,810 $3,760 $15,050
2015 $1,364 $17,320 $3,460 $13,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5221838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-31-043