NOT LISTED FOR SALE

2786 E Portola Valley Dr Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,369,000 - $1,521,000

5 Beds
4.5 Baths
3,839 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $1,340,149 $349 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,426/month

12 Days on Market

Highlights

  • Gated Community
  • 0.31 Acre Lot
  • Granite Countertops
  • San Tan Elementary School Rated A
  • 1 Fireplace
  • Private Yard

About This Home

As of April 2022

Last Chance for the Urban Farmhouse Elevation in the community where you as a buyer can still select your cabinets, flooring, countertops and shower surrounds! Price will go Up upon final options/upgrade selections. Just getting started brand new build single level home sitting on a North/South lot sized at 13,362 sq ft. With the added in game room plus the garage extension this is one incredible floor plan! Huge open great room with a chef's kitchen great for entertainment. 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. Buyer can add on a pool at time of build. Photos are of the MODEL NOT actual home. 9-10 months for completion. Come check it out!

Last Agent to Sell the Property

Ernest Haycraft

West USA Realty License #SA512782000 Listed on: 04/27/2021

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 2022 | Under Construction

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,839 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

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

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 313-23-293

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 2022 | Under Construction

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: 2022
  • 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: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3839.0
  • 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
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Under Construction: 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
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: 13362.0
  • Parcel #: 313-23-293

Building Info

  • Builder Name: Blandford Homes

Tax Info

  • Tax Annual Amount: 9600.0
  • Tax Book Number: 313.00
  • Tax Lot: 78
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Mar 29, 2022
Sold by
Blandford Homes Llc
Bought by
Manoharan Arvind and Gupta Anjali
Seller's Agent
Ernest Haycraft
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,243,565
Sold Price
$1,340,149
Premium/Discount to List
$96,584
7.77%
Current Estimated Value
$1,443,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,322
Avg. Annual Appreciation
3.12%
Original Mortgage
$540,000
Outstanding Balance
$440,108
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$1,047,685

Purchase Details

Listed on
Apr 27, 2021
Closed on
Mar 28, 2022
Sold by
Reserve 100 Llc
Bought by
Blandford Homes Llc
Seller's Agent
Ernest Haycraft
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,243,565
Sold Price
$1,340,149
Premium/Discount to List
$96,584
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$440,108
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$1,047,685
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
Manoharan Arvind $1,340,149 Old Republic Title
Blandford Homes Llc -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manoharan Arvind $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $1,340,149 +7.7% $349 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/01/2021 05/01/21 Price Changed $1,244,290 +0.1% $324 / Sq Ft
05/01/2021 05/01/21 For Sale $1,243,565 0.0% $324 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,243,565 -- $324 / 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 $5,127 $60,699 -- --
2024 $5,147 $57,809 -- --
2023 $5,147 $106,070 $21,210 $84,860
2022 $4,924 $78,260 $15,650 $62,610
2021 $1,737 $29,835 $29,835 $0
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: 6227426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-293