NOT LISTED FOR SALE

2716 E Sourwood Dr Gilbert, AZ 85298

Higley Neighborhood

Estimated Value: $719,000 - $754,000

5 Beds
3 Baths
3,083 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $519,900 $169 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,163/month

3 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Contemporary Architecture
  • Coronado Elementary School Rated A
  • Community Lake
  • Granite Countertops

About This Home

As of August 2020

Absolutely GORGEOUS 5 bed/3 full bath south Gilbert home located in the highly sought after Freeman Farms neighborhood. This meticulously maintained home surely HAS IT ALL. Large front entry leads into spacious front-room, great for a playroom, office, or second living room. Open concept kitchen with granite countertops, recently updated backsplash, stainless steel appliances, sliding doors lead out to a large patio area. Full size bedroom/bathroom downstairs, great for guest or in law suite. Upstairs features a large loft/ teen room, split floor-plan with the master suite including a giant walk in closet, soaker tub, and stand up shower. Three additional bedrooms and full bathroom located upstairs. Large downstairs laundry, 3 CAR GARAGE, service door leads to the large side yard with an RV GATE. Brand new hot water heater (June 2020), new exterior paint (March 2020). Soft water system owned and included. Walk-in closets in two of the spare bedrooms upstairs. Minutes away from San Tan Mall, Freeway access and a short walk to the BRAND NEW Gilbert regional park. This home is sure to impress! Schedule a showing today!

Last Agent to Sell the Property

Kyle Roessler

HomeSmart License #SA664536000 Listed on: 07/31/2020

HomeSmart

Co-Listed By

Arrielle Fernandez

HomeSmart License #SA670238000

Last Buyer's Agent

Stewart Keene

RE/MAX Alliance Group License #SA577343000

RE/MAX Alliance Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 2011

Lot Details

  • 6,900 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,083 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Coronado Elementary School
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Tax Lot 350
  • Assessor Parcel Number 304-70-481

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Management Association, Phone Number (480) 704-2900
  • Built by FULTON HOMES
  • Freeman Farms Phase 2 Parcel 2 Subdivision, Cannes Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,226

Year Built

Built in 2011

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Cross Street: Greenfield & Ocotillo
  • 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: 87.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2011
  • Tax Year: 2019
  • Master Model: Cannes
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: cril11
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: FREEMAN FARMS PHASE 2 PARCEL 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 168.63
  • Association Fees:HOA Fee2: 261.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3083.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, ENERGY STAR Qualified Windows, Vinyl Frame
  • 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
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 261.0
  • Association Fee Frequency: Quarterly
  • Association Name: Freeman Farms
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Freeman Farms
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 300.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Management
  • Association Fees:HOA Management Phone: 480-704-2900
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Coronado Elementary School
  • High School: Williams Field High School
  • Middle Or Junior School: Coronado Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6900.0
  • Parcel #: 304-70-481

Building Info

  • Builder Name: FULTON HOMES

Tax Info

  • Tax Annual Amount: 3226.0
  • Tax Book Number: 304.00
  • Tax Lot: 350
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 26, 2020
Sold by
Heitz Lawrence J and Heitz Julie C
Bought by
Scouten David
Seller's Agent
Kyle Roessler
HomeSmart
Buyer's Agent
Stewart Keene
RE/MAX Alliance Group
List Price
$519,900
Sold Price
$519,900
Current Estimated Value
$729,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,099
Avg. Annual Appreciation
6.66%
Original Mortgage
$415,920
Outstanding Balance
$368,262
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$365,614

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 18, 2020
Sold by
Scouten Megan
Bought by
Scouten David
Seller's Agent
Kyle Roessler
HomeSmart
Buyer's Agent
Stewart Keene
RE/MAX Alliance Group
List Price
$519,900
Sold Price
$519,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,920
Outstanding Balance
$368,262
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$365,614

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jan 8, 2016
Sold by
Brien Cynthia O and Brien David O
Bought by
Heitz Lawrence J and Heitz Julie C
Seller's Agent
Leslie George
West USA Realty
Buyer's Agent
Jennifer Belluomini
Russ Lyon Sotheby's International Realty
List Price
$380,979
Sold Price
$372,000
Premium/Discount to List
-$8,979
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$316,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2012
Sold by
Fulton Home Sales Corporation
Bought by
Obrien Cynthia and Obrien David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,605
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scouten David $519,900 Old Republic Title Agency
Scouten David -- Old Republic Title Agency
Heitz Lawrence J $372,000 First American Title Ins Co
Obrien Cynthia $288,367 First American Title Ins Co
Fulton Homes Sales Corporation $175,505 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scouten David $415,920
Previous Owner Heitz Lawrence J $316,000
Previous Owner Obrien Cynthia $311,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $519,900 0.0% $169 / Sq Ft
07/31/2020 07/31/20 For Sale $519,900 +39.8% $169 / Sq Ft
02/19/2016 02/19/16 Sold $372,000 -2.4% $121 / Sq Ft View Prior Sale
01/14/2016 01/14/16 For Sale $380,979 0.0% $124 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $380,979 0.0% $124 / Sq Ft
06/01/2014 06/01/14 Rented $2,150 +2.4% --
04/27/2014 04/27/14 Under Contract -- -- --
04/10/2014 04/10/14 For Rent $2,100 -- --
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 $3,152 $41,484 -- --
2024 $3,351 $39,509 -- --
2023 $3,351 $52,700 $10,540 $42,160
2022 $3,195 $38,860 $7,770 $31,090
2021 $3,270 $36,120 $7,220 $28,900
2020 $3,331 $34,080 $6,810 $27,270
2019 $3,226 $31,030 $6,200 $24,830
2018 $3,111 $29,610 $5,920 $23,690
2017 $2,999 $30,460 $6,090 $24,370
2016 $3,051 $31,310 $6,260 $25,050
2015 $2,655 $29,750 $5,950 $23,800
Source: Public Records

Agents Affiliated with this Home

  • Kyle Roessler

    Seller's Agent in 2020

    Kyle Roessler

    HomeSmart

    (480) 358-5500

    14 Total Sales

    Kyle Roessler
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Arrielle Fernandez

    HomeSmart

    Section Image
  • Stewart Keene

    Buyer's Agent in 2020

    Stewart Keene

    RE/MAX

    (480) 220-7491

    17 Total Sales

    Stewart Keene
    Section Image

  • L

    Seller's Agent in 2016

    Leslie George

    West USA Realty

    Section Image
  • Jennifer Belluomini

    Buyer's Agent in 2016

    Jennifer Belluomini

    Russ Lyon Sotheby's International Realty

    (602) 509-3399

    14 Total Sales

    Jennifer Belluomini
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6110660

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-481

Arizona Maricopa County Gilbert 85298 Higley

2716 E Sourwood Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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