NOT LISTED FOR SALE

2744 E Portola Valley Dr Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,609,000 - $1,782,000

5 Beds
4.5 Baths
3,840 Sq Ft
$441/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,600,000 $417 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,787/month

90 Days on Market

Highlights

  • Gated Community
  • 0.31 Acre Lot
  • Private Yard
  • San Tan Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of August 2021

Model Home loaded up with top notch finishes and designer upgrades. This 5 bedroom/ 4.5 bathroom all single level home is incredible. A huge great room open concept plus outdoor kitchen and entertainment space. Chef's kitchen with quartz, 48'' Subzero refrigerator and a huge pantry! Gilbert is known for its top notch A+ schools, incredible shopping, vivacious restaurants right in the middle of the beauty and charm that Gilbert has to offer. Residence 17 Urban Farmhouse Model Home for Sale with a 4 month lease back with 30 day options. No Furniture or decoration items convey and will be removed prior to occupancy. Call for lease back details.

Last Agent to Sell the Property

Ernest Haycraft

West USA Realty License #SA512782000 Listed on: 03/29/2021

West USA Realty

Co-Listed By

Ivy Coppo

Fathom Realty Elite License #SA561604000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 2020

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,840 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tile Flooring
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • San Tan Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 313-23-290

Community Details

Overview

  • Association fees include ground maintenance
  • Somerset Homeowners Association, Phone Number (602) 437-4777
  • Built by Blandford Homes
  • Belmont At Somerset Subdivision, Residence 17 Floorplan

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,600

Year Built

Built in 2020

Lot Details

0

HOA Fees

$195 per month

Parking

4

Listing Details

  • Cross Street: Greenfield and Pecos
  • 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: 195.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Tax Year: 2020
  • Directions: Take Greenfield south of Pecos to Somerset BLVD go Left-Follow around down towards the right to the second gated entrance to large community sign.
  • Master Model: Residence 17
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: reax48
  • Co List Office Phone: 480-641-1800
  • Subdivision Name: Belmont At Somerset
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 195.0
  • Windows:Dual Pane: 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: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3840.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • 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: Gated, Playground, Biking/Walking Path
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Homeowners
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Somerset Homeowners
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1670.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: San Tan Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13332.0
  • Parcel #: 313-23-290

Building Info

  • Builder Name: Blandford Homes

Tax Info

  • Tax Annual Amount: 9600.0
  • Tax Book Number: 313.00
  • Tax Lot: 75
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Davis Kelly
Bought by
Kelly Davis Trust
Current Estimated Value
$1,695,152

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 6, 2021
Sold by
Blandford Homes Llc
Bought by
Davis Kelly
Seller's Agent
Ernest Haycraft
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,694,500
Sold Price
$1,600,000
Premium/Discount to List
-$94,500
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$1,280,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kelly Davis Trust -- None Listed On Document
Davis Kelly $1,600,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Kelly $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $1,600,000 0.0% $417 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/27/2021 06/27/21 Off Market $1,600,000 -- --
04/18/2021 04/18/21 For Sale $1,694,500 0.0% $441 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $1,694,500 +5.9% $441 / Sq Ft
03/29/2021 03/29/21 Off Market $1,600,000 -- --
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 $5,125 $60,676 -- --
2024 $5,145 $57,787 -- --
2023 $5,145 $106,030 $21,200 $84,830
2022 $4,922 $78,230 $15,640 $62,590
2021 $1,734 $29,790 $29,790 $0
2020 $1,750 $29,235 $29,235 $0
2019 $1,701 $22,560 $22,560 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6213728

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-290