NOT LISTED FOR SALE

2740 E Rakestraw Ln Gilbert, AZ 85298

Higley Neighborhood

Estimated Value: $616,000 - $660,000

4 Beds
2 Baths
2,109 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $635,000 $301 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,686/month

34 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Granite Countertops
  • Coronado Elementary School Rated A
  • Community Lake
  • Covered Patio or Porch

About This Home

As of April 2023

Take a look at this gorgeous property located in the highly desirable community of FREEMAN FARMS! We know you will LOVE the sparkling kitchen, walk-in pantry, 4 full bedrooms, 3 car-garage, double gates and backyard oasis. The fresh exterior paint, new interior paint, wood accents, and new lighting will WOW you. From the moment you enter the neighborhood, you will get ''the feeling''. This beautiful lake community with white picket fences has so much to offer featuring multiple basketball courts, Ramadas, tot-spots, playgrounds, greenbelts, walking/riding paths and mountain views. This gorgeous and well cared for home is ready for its new owner. The location of this home is EVERYTHING! We think you will enjoy living in the Town of Gilbert near DOWNTOWN GILBERT, the new GILBERT REGIONAL PARK and SANTAN VILLAGE MALL. You will have endless options for shopping, dining, and entertainment. Lastly, this home is located in the HIGLEY SCHOOL DISTRICT. Call to inquire today!

Last Agent to Sell the Property

Katrina McCarthy

Citiea License #SA657498000 Listed on: 02/01/2023

Citiea

Co-Listed By

Brandon Repp

Citiea License #SA662176000

Last Buyer's Agent

Connie McGregor

Coldwell Banker Realty License #SA114557000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 2009

Lot Details

  • 6,900 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Coronado Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 304-70-377

Community Details

Overview

  • Association fees include ground maintenance
  • Realmanage Inc Association, Phone Number (480) 704-2900
  • Built by FULTON
  • Freeman Farms Phase 2 Parcel 2 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 2009

Lot Details

0

HOA Fees

$100 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: 100.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: FREEMAN FARMS PHASE 2 PARCEL 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 301.09
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2109.0
  • Stories: 1
  • 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
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, 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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • 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: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: RealManage Inc
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: RealManage Inc
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 300.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 271.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 20.0
  • Association Fees:Other Fees Description: Processing Fee
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6900.0
  • Parcel #: 304-70-377

Building Info

  • Builder Name: FULTON

Tax Info

  • Tax Annual Amount: 2700.0
  • Tax Book Number: 304.00
  • Tax Lot: 246
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Apr 28, 2023
Sold by
Bingham Jennifer and Bingham Sam
Bought by
Woolfork Israel and Woolfork Emily
Seller's Agent
Katrina McCarthy
Citiea
Buyer's Agent
Connie McGregor
Coldwell Banker Realty
List Price
$649,900
Sold Price
$635,000
Premium/Discount to List
-$14,900
-2.29%
Views
50
Current Estimated Value
$644,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,344
Avg. Annual Appreciation
0.54%
Original Mortgage
$571,500
Outstanding Balance
$553,730
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$90,614

Purchase Details

Closed on
Sep 24, 2019
Sold by
Bingham Jennifer and Bingham Sam
Bought by
Bingham Jennifer and Bingham Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
3.6%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 21, 2016
Sold by
Westcott Ryan and Westcott Raegan N
Bought by
Bingham Sam and Kucharik Jennifer
Seller's Agent
Nicholas Fratianni
HomeSmart
Buyer's Agent
Nancy Niblett
Axen Realty, LLC
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$272,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Westcott Raegan N and Brown Raegan N
Bought by
Westcott Ryan and Westcott Raegan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,869
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2010
Sold by
Fulton Home Sales Corporation
Bought by
Brown Raegan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,334
Interest Rate
4.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Woolfork Israel $635,000 None Listed On Document
Bingham Jennifer -- Empire West Title Agency Llc
Bingham Sam $320,000 Stewart Title Arizona Agency
Westcott Ryan -- Great American Title Agency
Brown Raegan N $200,409 The Talon Group Tempe Supers
Fulton Homes Sales Corporation $240,531 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolfork Israel $571,500
Previous Owner Bingham Jennifer $234,500
Previous Owner Bingham Sam $272,000
Previous Owner Westcott Ryan $259,869
Previous Owner Brown Raegan N $237,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $635,000 -2.3% $301 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $649,900 +103.1% $308 / Sq Ft
10/26/2016 10/26/16 Sold $320,000 -2.7% $152 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $329,000 -- $156 / 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 $2,635 $35,144 -- --
2024 $2,824 $33,471 -- --
2023 $2,824 $46,470 $9,290 $37,180
2022 $2,700 $34,520 $6,900 $27,620
2021 $2,775 $32,010 $6,400 $25,610
2020 $2,826 $29,960 $5,990 $23,970
2019 $2,737 $27,120 $5,420 $21,700
2018 $2,639 $25,760 $5,150 $20,610
2017 $2,544 $26,060 $5,210 $20,850
2016 $2,536 $26,460 $5,290 $21,170
2015 $2,252 $25,110 $5,020 $20,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6514583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-377