NOT LISTED FOR SALE

2770 E Sandy Way Unit 51 Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,618,000 - $1,749,878

5 Beds
4.5 Baths
4,293 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 29, 2020

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

Est. 70% increase in value since last sale

Current estimated payment $9,605/month

3 Days on Market

Highlights

  • RV Gated
  • Gated Community
  • Private Yard
  • San Tan Elementary School Rated A
  • 0.31 Acre Lot
  • Tennis Courts

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 Garage
  • 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
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • 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

  • Zoned Heating and Cooling System
  • 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 Residence
  • 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
  • Association Fees:HOA Fee2: 195.0
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: 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: Other, Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4293.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: 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:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • 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, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated, Tennis Court(s), 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: 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

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
Current Estimated Value
$1,686,970

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
10.56%
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 List to Sale Price per Sq Ft
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

  • Tim Cusick

    Seller's Agent in 2020

    Tim Cusick

    Homelogic Real Estate

    (602) 790-7966

    335 Total Sales

    Tim Cusick
    Section Image
  • Barbara Savoy

    Seller Co-Listing Agent in 2020

    Barbara Savoy

    Homelogic Real Estate

    (602) 908-7177

    274 Total Sales

    Barbara Savoy
    Section Image
  • Christy Crouse

    Buyer's Agent in 2020

    Christy Crouse

    RE/MAX

    (480) 332-5925

    8 in this area

    109 Total Sales

    Christy Crouse
    Section Image

  • C

    Buyer's Agent in 2020

    Chun Crouse

    US Preferred Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6080061

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-266

Arizona Maricopa County Gilbert 85297 Higley

2770 E Sandy Way Unit 51, Gilbert, AZ

This home is located at 2770 E Sandy Way Unit 51, Gilbert, AZ 85297 since 19 May 2020 and is currently estimated at $1,686,970, approximately $392 per square foot. This property was built in 2020. 2770 E Sandy Way Unit 51 is a home located in Maricopa County with nearby schools including San Tan Elementary School, Sossaman Middle School, and Higley High School.

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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