$1,625,000
SOLD MAR 21, 2025

2799 E Waterman St Gilbert, AZ 85297

Higley Neighborhood
5 Beds
4.5 Baths
4,009 Sq Ft
0.31 Acres

Recently Sold

$405 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Community Lake
  • San Tan Elementary School Rated A
  • Gated Community
  • Corner Lot

About This Home

As of March 2025

THIS IS WHAT DREAMS ARE MADE OF! PRICED BELOW APPRAISED VALUE! What if I told you this hidden gem is located in one of the most luxurious neighborhoods in Gilbert? Welcome to Waterman St in Somerset! With just over 4000 square feet and $100,000 in fully owned solar, this single-level 2021 built home has it all. Featuring a beautiful open floor plan, step inside your chefs kitchen with tasteful builder upgrades throughout. Open up your wall to wall doors for a nice breeze and step out into paradise featuring your private heated pool, easy maintenance turf throughout and ambient fire pit. This 5 bedroom, 4.5 bath with an office assures there is room for all. Featuring 12 foot ceilings, and a 4 car garage with electric car hookup, luxury meets comfort with a modern, light and bright feel, blended with warm colors throughout. As you step inside your ever expansive primary suite, you are once again greeted by luxury, with builder upgrades throughout, an oversized walk in closet, this home really is turn key and move in ready. If that wasn't enough, this home is located just minutes from San Tan Village and downtown Gilbert, where entertainment, shopping, dining, and more can be enjoyed. Don't miss out on living in one of the most luxury neighborhoods in Gilbert!

Last Agent to Sell the Property

Halston Hood

My Home Group Real Estate License #SA655815000 Listed on: 02/07/2025

My Home Group Real Estate

Last Buyer's Agent

JJ Bhakta

Realty ONE Group License #SA635453000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 2021

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Private Yard

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Electric Vehicle Home Charger
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,009 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Tile Flooring

Kitchen

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • Solar Power System

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 313-23-282

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Mgt Association, Phone Number (602) 437-4777
  • Built by BLANDFORD HOMES LLC
  • Somerset Phase 1 Subdivision
  • Community Lake

Recreation

  • Pickleball Courts
  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,138

Year Built

Built in 2021

Lot Details

0

HOA Fees

$243 per month

Parking

4

Listing Details

  • Cross Street: Greenfield & 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: 243.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Tax Year: 2024
  • Directions: East on Pecos, south on Somerset Blvd.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: SOMERSET PHASE 1
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 243.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4009.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Pickleball Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted, Stone, Spray Foam Insulation
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Tandem, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pickleball, Lake, Gated, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 243.0
  • Association Fee Frequency: Monthly
  • Association Name: Somerset HOA
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Somerset HOA
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 486.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 486.0
  • Association Fees:Other Fees Description: HOA Reserve Contribution Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13510.0
  • Parcel #: 313-23-282
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: BLANDFORD HOMES LLC

Tax Info

  • Tax Annual Amount: 5138.0
  • Tax Book Number: 313.00
  • Tax Lot: 67
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 19, 2025
Sold by
Killoran Ron
Bought by
Patel Ashwin Vallabhbhai and Patel Asha
Seller's Agent
Halston Hood
My Home Group Real Estate
Buyer's Agent
JJ Bhakta
Realty ONE Group
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Total Days on Market
7
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%
Original Mortgage
$1,218,750
Outstanding Balance
$1,218,750
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$403,450

Purchase Details

Listed on
Feb 7, 2025
Closed on
Feb 6, 2025
Sold by
Killoran Ron and Liu Yanjie
Bought by
Killoran Ron
Seller's Agent
Halston Hood
My Home Group Real Estate
Buyer's Agent
JJ Bhakta
Realty ONE Group
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Outstanding Balance
$1,218,750
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$403,450

Purchase Details

Closed on
Apr 18, 2024
Sold by
Killoran Ron
Bought by
Killoran Ron and Liu Yanjie

Purchase Details

Closed on
Nov 30, 2021
Sold by
Blanford Homes Llc
Bought by
Killoran Ron
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,625,000 Commonwealth Land Title
Warranty Deed -- --
Warranty Deed -- None Listed On Document
Special Warranty Deed $1,113,044 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,218,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,625,000 -1.5% $405 / Sq Ft
02/07/2025 02/07/25 For Sale $1,650,000 -- $412 / 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 $5,138 $60,815 -- --
2024 $5,158 $57,919 -- --
2023 $5,158 $106,230 $21,240 $84,990
2022 $4,934 $78,410 $15,680 $62,730
2021 $1,753 $30,105 $30,105 $0
2020 $1,770 $29,550 $29,550 $0
2019 $1,719 $22,815 $22,815 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Halston Hood

    My Home Group

    (602) 803-3744

    1 in this area

    21 Total Sales

    Halston Hood
    Section Image
  • JJ Bhakta

    Buyer's Agent in 2025

    JJ Bhakta

    Realty One Group

    (602) 492-4655

    2 in this area

    44 Total Sales

    JJ Bhakta
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6817091

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-282

Arizona Maricopa County Gilbert 85297 Higley

2799 E Waterman St, Gilbert, AZ

This home is located at 2799 E Waterman St, Gilbert, AZ 85297 and is currently priced at $1,625,000, approximately $405 per square foot. This property was built in 2021. 2799 E Waterman St 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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