NOT LISTED FOR SALE

2741 E Rakestraw Ln Gilbert, AZ 85298

Higley Neighborhood

Estimated Value: $755,762

4 Beds
2.5 Baths
3,292 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $389,000 $118 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,215/month

96 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Eat-In Kitchen
  • Coronado Elementary School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of March 2016

Available for quick close....DON’T MISS THIS ONE…This home is as good as new from top to bottom every is freshly done from the walls the baseboards even the garage floors have been done. You will not find a cleaner house. Located in the very desirable Freeman Farms subdivision. There is no way you could build this house with all of the upgrades that in this home for this price...Absolutely gorgeous home. 3200 sqft 4 bed room 2.5 bath plus den. Upgrades include granite counter tops, pool, theater room complete with a 150 inch HD theater room, 3 car garage, & stainless steel appliances. This is a must see and it wont last long at this new reduced price. Home is just a few minutes from San Tan Village and 202 freeway for easy access to anywhere in the valley.

Last Agent to Sell the Property

Nicholas Fratianni

HomeSmart License #SA542332000 Listed on: 10/31/2015

HomeSmart

Last Buyer's Agent

Sergio Santizo

eXp Realty License #SA643772000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 2009

Lot Details

  • 6,900 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sentry Mgt Association, Phone Number (480) 345-0046
  • Built by FULTON HOMES
  • Freeman Farms Subdivision

Listing and Financial Details

  • Tax Lot 254
  • Assessor Parcel Number 304-70-385

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Greenfield Rd and Ocotillo Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 85.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2009
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: FREEMAN FARMS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 118.16
  • Association Fees:HOA Fee2: 255.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 3292.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Freeman Farms
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Freeman Farms
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Sentry MGT
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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 #: 304-70-385
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: FULTON HOMES

Tax Info

  • Tax Annual Amount: 2737.0
  • Tax Book Number: 304.00
  • Tax Lot: 254
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Molina Mark and Molina Heidi C
Bought by
Molina Mark and Molina Heidi
Current Estimated Value
$755,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,740
Outstanding Balance
$334,374
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$421,388

Purchase Details

Closed on
Mar 5, 2018
Sold by
Molina Mark and Molina Heidi
Bought by
Molina Mark A and Molina Heidi C

Purchase Details

Listed on
Oct 31, 2015
Closed on
Mar 3, 2016
Sold by
Fratianni Jessica R and Fratianni Nicholas
Bought by
Molina Mark and Molina Heidi
Seller's Agent
Nicholas Fratianni
HomeSmart
Buyer's Agent
Sergio Santizo
eXp Realty
List Price
$450,000
Sold Price
$389,000
Premium/Discount to List
-$61,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$402,766
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Closed on
Aug 8, 2012
Sold by
Fratianni Jessica R
Bought by
Fratianni Jessica R and Fratianni Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,023
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
Fulton Homes Sales Corporation
Bought by
Fratianni Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,663
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Molina Mark -- Clear Title Agency Of Az
Molina Mark A -- None Available
Molina Mark $389,900 Security Title Agency Inc
Fratianni Jessica R -- Pioneer Title Agency Inc
Fratianni Jessica R $298,069 The Talon Group Tempe Supers
Fulton Homes Sales Corporation $255,740 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Mark $376,740
Closed Molina Mark $402,766
Previous Owner Fratianni Jessica R $289,023
Previous Owner Fratianni Jessica R $292,663
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $389,000 -0.3% $118 / Sq Ft
01/11/2016 01/11/16 Price Changed $389,999 -2.3% $118 / Sq Ft
01/09/2016 01/09/16 Price Changed $399,000 -0.2% $121 / Sq Ft
12/13/2015 12/13/15 Price Changed $399,999 -2.4% $122 / Sq Ft
12/08/2015 12/08/15 Price Changed $410,000 -2.1% $125 / Sq Ft
12/01/2015 12/01/15 Price Changed $419,000 -0.2% $127 / Sq Ft
11/20/2015 11/20/15 Price Changed $420,000 -2.1% $128 / Sq Ft
11/19/2015 11/19/15 Price Changed $429,000 -0.2% $130 / Sq Ft
11/06/2015 11/06/15 Price Changed $430,000 -2.3% $131 / Sq Ft
11/03/2015 11/03/15 Price Changed $440,000 -2.2% $134 / Sq Ft
10/29/2015 10/29/15 For Sale $450,000 -- $137 / 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 $3,206 $42,092 -- --
2024 $3,408 $40,088 -- --
2023 $3,408 $53,380 $10,670 $42,710
2022 $3,250 $39,350 $7,870 $31,480
2021 $3,318 $36,620 $7,320 $29,300
2020 $3,380 $34,530 $6,900 $27,630
2019 $3,272 $31,410 $6,280 $25,130
2018 $3,172 $30,070 $6,010 $24,060
2017 $3,091 $31,030 $6,200 $24,830
2016 $3,081 $31,850 $6,370 $25,480
2015 $2,737 $30,550 $6,110 $24,440
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nicholas Fratianni

    HomeSmart

    (602) 568-9374

    8 Total Sales

    Nicholas Fratianni
    Section Image
  • Sergio Santizo

    Buyer's Agent in 2016

    Sergio Santizo

    eXp Realty

    (480) 277-7606

    1 in this area

    90 Total Sales

    Sergio Santizo
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5356109

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-385

Arizona Maricopa County Gilbert 85298 Higley

2741 E Rakestraw Ln, 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

Nearby Homes