NOT LISTED FOR SALE

2770 E Sandy Way Unit 51 Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,115,000 - $1,681,469

5 Beds
4.5 Baths
4,293 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $990,000 $231 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,083/month

3 Days on Market

Highlights

  • RV Gated
  • Gated Community
  • Tennis Courts
  • San Tan Elementary School Rated A
  • Private Yard
  • Covered patio or porch

About This Home

As of June 2020

Wow!! STUNNING new home in Gilbert's PREMIER European-inspired LAKE community! Somerset at Belmont encompasses ''a shared experience & connectivity with the land, and with each other''. This GORGEOUS home features a front courtyard, huge GOURMET kitchen w/quartz countertops, 48'' Wolf gas range + a large open great room with a rolling wall of windows to the backyard! Kitchen has a huge separate prep room - an entertainers DREAM!! With 5 bedrooms, including a private split master suite, a bonus room, and 2 other bedrooms with private baths, the living possibilities are endless! DESIGNER touches and neutral color palette throughout! A MUST SEE! Awesome shopping, restaurants and entertainment including San Tan Village close by! An AMAZING place to live and play! WELCOME HOME!

Last Agent to Sell the Property

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 05/19/2020

Co-Listed By

Barbara Savoy

Homelogic Real Estate License #SA538304000

Last Buyer's Agent

Christy Crouse

RE/MAX Fine Properties License #SA566516000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 2020

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

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

Home Design

  • Designed by Bassenian Lagoni Architects
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,293 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • No or Low VOC Paint or Finish

Outdoor Features

  • Covered patio or porch

Schools

  • Santan Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

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

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 313-23-266

Community Details

Overview

  • Association fees include ground maintenance
  • Somerset Homeowners Association, Phone Number (602) 437-4777
  • Built by The New Home Company
  • Somerset Phase 1 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 2020

Lot Details

0

HOA Fees

$195 per month

Parking

4

Listing Details

  • Cross Street: S Greenfield Rd & E Pecos Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Bassenian Lagoni
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 195.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2019
  • Directions: East on E Pecos to Right onto S Somerset Blvd. At roundabout, take 2nd Right to stay on S Somerset Blvd to Left onto E Bonanza Rd (gate). Right onto S Stuart Ave to Left onto E Sandy Way to house on L
  • Master Model: 3
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: hopr001
  • Co List Office Phone: 480-346-4111
  • Subdivision Name: SOMERSET PHASE 1
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 195.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Other, Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4293.0
  • Stories: 1
  • Window Features: Low-E
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Yard
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Low VOC Paint, Painted, Stucco, Stone, Frame - Wood, Spray Foam Insulation
  • 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
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate, Tandem
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Programmable Thmstat, Refrigeration
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management
  • 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: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 390.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Santan Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13362.0
  • Parcel #: 313-23-266
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: The New Home Company

Tax Info

  • Tax Annual Amount: 1704.0
  • Tax Book Number: 313.00
  • Tax Lot: 51
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Yan Hao and Sun Ying
Bought by
Yan Hao and Sun Ying
Total Days on Market
3
Current Estimated Value
$1,501,617

Purchase Details

Closed on
Nov 25, 2020
Sold by
Yan Hao
Bought by
Yan Hao and Sun Ying

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 7, 2020
Sold by
Tnhc Arizona Marketing Llc
Bought by
Yan Hao
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Christy Crouse
RE/MAX Fine Properties
List Price
$1,049,000
Sold Price
$990,000
Premium/Discount to List
-$59,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$790,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Yan Hao -- None Listed On Document
Yan Hao -- None Available
Yan Hao $990,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Hao $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $990,000 -5.6% $231 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $1,049,000 -- $244 / 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 $5,501 $64,702 -- --
2024 $5,522 $61,621 -- --
2023 $5,522 $120,810 $24,160 $96,650
2022 $5,284 $82,830 $16,560 $66,270
2021 $5,354 $78,280 $15,650 $62,630
2020 $1,754 $29,280 $29,280 $0
2019 $1,704 $22,605 $22,605 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6080061

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-266