Seller's Agent in 2025
Teri Armijo
West USA Realty
(480) 628-0245
1 in this area
104 Total Sales
SOLD FEB 28, 2018
RENTED JUN 4, 2025
2665 S Velvendo Dr Gilbert, AZ 85295
Southwest Gilbert Neighborhood
4
Beds
3.5
Baths
3,771
Sq Ft
0.29
Acres
Highlights
- Private Pool
- RV Gated
- Double Pane Windows
- Spectrum Elementary School Rated A
- Eat-In Kitchen
- Walk-In Closet
About This Home
As of August 2020Welcome to ''Estates at Velvendo'' Located in the heart of Gilbert. Meritage Homes energy efficient single-level less than one year old. Built on a premium lot, approx $150K in upgrades, backyard views and single-level homes on both sides. This Yosemite model offers 3800sf split floor plan, 3car garage, 4bedroooms+den, 3.5baths, guest suite and teen room. Features list includes; dual A/C units, high-end dream kitchen off the family room, quartz counter tops, formal living/dining, large bedrooms with walk-in closets, 10'ceilings, 8'doors, high-end flooring, custom lighting and two-tone paint. The backyard and pool were recently designed and completed. Covered patio, self-cleaning pebble sheen pool, LED lighting, travertine decking, grass area, and fully landscaped. Call for private showing
Last Agent to Sell the Property
Keller Williams Integrity First License #SA534085000 Listed on: 09/01/2017
Last Buyer's Agent
Brian O'Brien
AZ Brokerage Holdings, LLC License #SA534085000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,016
Year Built
- Built in 2016
Lot Details
- 0.29 Acre Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Grass Covered Lot
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Garage Door Opener
- RV Gated
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 3,771 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- Low Emissivity Windows
- Tinted Windows
- Security System Owned
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3.5 Bathrooms
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Pool
- Private Pool
Schools
- Spectrum Elementary School
- South Valley Jr. High Middle School
- Campo Verde High School
Utilities
- Refrigerated Cooling System
- Heating Available
Listing and Financial Details
- Tax Lot 63
- Assessor Parcel Number 304-86-739
Community Details
Overview
- Property has a Home Owners Association
- Aam Association, Phone Number (602) 957-9191
- Built by Meritage
- Velvendo Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2020
Closed on
Jul 30, 2020
Sold by
Verrette Natalie and Verrette Danny
Bought by
Lee Young Ah
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Teri Armijo
West USA Realty
List Price
$755,000
Sold Price
$745,000
Premium/Discount to List
-$10,000
-1.32%
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
$368,648
Avg. Annual Appreciation
8.61%
Original Mortgage
$510,400
Outstanding Balance
$454,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$682,780
Purchase Details
Listed on
May 29, 2020
Closed on
Jul 29, 2020
Sold by
Kim Chong Jai
Bought by
Lee Young Ah
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Teri Armijo
West USA Realty
List Price
$755,000
Sold Price
$745,000
Premium/Discount to List
-$10,000
-1.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$454,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$682,780
Purchase Details
Listed on
Sep 1, 2017
Closed on
Feb 22, 2018
Sold by
Ostrom John Wesley and Ostrom Renee Louise
Bought by
Verrette Natalie and Varrette Danny
Seller's Agent
Brian O'Brien
Keller Williams Integrity First
Buyer's Agent
Brian O'Brien
Keller Williams Integrity First
List Price
$675,000
Sold Price
$610,000
Premium/Discount to List
-$65,000
-9.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$549,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2016
Sold by
Meritage Homes Of Arizona Inc
Bought by
Ostrom John Wesley and Ostrom Renee Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,943
Interest Rate
4.2%
Mortgage Type
Unknown
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $745,000 | Fidelity Natl Ttl Agcy Inc | |
| Deed | -- | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $610,000 | Security Title Agency Inc | |
| Special Warranty Deed | $590,014 | Carefree Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,400 | New Conventional | |
| Previous Owner | $544,000 | New Conventional | |
| Previous Owner | $549,000 | New Conventional | |
| Previous Owner | $59,943 | Unknown | |
| Previous Owner | $553,020 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Rented | $5,000 | 0.0% | -- |
| 06/03/2025 06/03/25 | Under Contract | -- | -- | -- |
| 05/30/2025 05/30/25 | For Rent | $5,000 | +11.1% | -- |
| 06/09/2023 06/09/23 | Rented | $4,500 | 0.0% | -- |
| 06/01/2023 06/01/23 | Under Contract | -- | -- | -- |
| 05/22/2023 05/22/23 | For Rent | $4,500 | 0.0% | -- |
| 08/04/2020 08/04/20 | Sold | $745,000 | -1.3% | $198 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | For Sale | $755,000 | +23.8% | $200 / Sq Ft |
| 02/28/2018 02/28/18 | Sold | $610,000 | -2.4% | $162 / Sq Ft |
| 02/10/2018 02/10/18 | Pending | -- | -- | -- |
| 01/24/2018 01/24/18 | Price Changed | $625,000 | -3.1% | $166 / Sq Ft |
| 01/13/2018 01/13/18 | Price Changed | $645,000 | -0.8% | $171 / Sq Ft |
| 11/02/2017 11/02/17 | Price Changed | $650,000 | -1.5% | $172 / Sq Ft |
| 09/08/2017 09/08/17 | Price Changed | $660,000 | -2.2% | $175 / Sq Ft |
| 09/01/2017 09/01/17 | For Sale | $675,000 | -- | $179 / 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 | $3,918 | $51,230 | -- | -- |
| 2024 | $3,941 | $48,790 | -- | -- |
| 2023 | $3,941 | $78,770 | $15,750 | $63,020 |
| 2022 | $3,809 | $59,180 | $11,830 | $47,350 |
| 2021 | $3,954 | $56,450 | $11,290 | $45,160 |
| 2020 | $3,887 | $53,850 | $10,770 | $43,080 |
| 2019 | $3,574 | $52,310 | $10,460 | $41,850 |
| 2018 | $3,467 | $46,350 | $9,270 | $37,080 |
| 2017 | $703 | $13,845 | $13,845 | $0 |
| 2016 | $726 | $12,195 | $12,195 | $0 |
| 2015 | $723 | $7,952 | $7,952 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Teri Armijo
-
Laura Stagg
Seller Co-Listing Agent in 2023
Laura Stagg
West USA Realty
(602) 513-9291
17 Total Sales
-
Jennifer Asis
J
Buyer's Agent in 2023
Jennifer Asis
Lotus Real Estate
(480) 213-7361
16 Total Sales
-
Frank Gerola
Seller's Agent in 2020
Frank Gerola
Venture REI, LLC
(480) 231-3401
4 in this area
332 Total Sales
-
Kevin McKiernan
K
Seller Co-Listing Agent in 2020
Kevin McKiernan
Venture REI, LLC
(480) 363-4893
4 in this area
304 Total Sales
-
T
Buyer's Agent in 2020
Teri PC
RE/MAX Excalibur
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5654473
APN: 304-86-739
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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