NOT LISTED FOR SALE

2832 E Arrowhead Trail Unit 64 Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,373,000 - $1,707,000

0.81 Acre
$1,929,479 Price per Acre
35,284 Sq Ft Lot

Last Sold September 28, 2012

Last sale price $155,000

Est. 908% increase in value since last sale

Current estimated payment $8,759/month

3 Days on Market

Highlights

  • Gated Community
  • Coronado Elementary School Rated A
  • 0.81 Acre Lot

About This Lot

As of September 2012

Lot located in Weston Ranch. Surrounded by Gorgeous Homes. Exclusive and Gated. Energy Efficient Natural Gas and North South Exposure. Public Sewer. Utilities are in. Choose your plans and start building today. Ready for your RV garage and Oasis backyard. This is the the only lot available in subdivision and last chance at this custom gated community. The area has exploded with growth. Close to the 202, San Tan Mall, and Discovery Park. Excellent Schools!!!

Last Agent to Sell the Property

Royce Munroe

Munroe Multifamily License #BR512795000 Listed on: 09/13/2012

Munroe Multifamily

Last Buyer's Agent

Jamie Handley

Tri Pointe Homes Arizona Realty License #SA518919000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,483

Lot Details

  • 0.81 Acre Lot
  • Property is zoned R-15

HOA Fees

  • $162 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 304-59-588

Community Details

Overview

  • Weston Ranch Association, Phone Number (602) 437-4777
  • Weston Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,483

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Cross Street: Queen Creek / Greenfield
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Zoning: R-15
  • Tax Year: 2011
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Weston Ranch
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gated Community, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 162.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 602-437-4777
  • HOA Transfer Fee: 150.0
  • Association Fee: 162.0
  • Association Fee Frequency: Monthly
  • Association Name: Weston Ranch
  • Phone: 602-437-4777
  • Association: Yes

Lot Info

  • Lot Size: 244' x 145'
  • Lot Size Sq Ft: 35308.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-59-588
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1483.0
  • Tax Book Number: 304.00
  • Tax Lot: 64
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Pendergrass Mark B and Pendergrass Heather M
Bought by
Laufer Michael and Laufer Allison
Current Estimated Value
$1,562,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$668,604
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$894,274

Purchase Details

Closed on
Dec 17, 2015
Sold by
Pendergrass Mark B and Pendergrass Heather M
Bought by
Pendergrass Revocable Trust

Purchase Details

Closed on
May 14, 2015
Sold by
Amberwood Homes Llc
Bought by
Pendergrass Heather M and Pendergrass Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 28, 2012
Sold by
Munroe Royce S and Munroe Susan S
Bought by
Amberwood Homes Llc
Seller's Agent
Royce Munroe
Munroe Multifamily
Buyer's Agent
Jamie Handley
Tri Pointe Homes Arizona Realty
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Closed on
Apr 24, 2012
Sold by
Sharma Anoop K and Chandra Sharma Sukanya
Bought by
Munroe Royce S and Munroe Susan S

Purchase Details

Closed on
Feb 16, 2007
Sold by
Weston Ranch Development Llc
Bought by
Sharma Anoop K and Chandra Sharma Sukanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,875
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Laufer Michael $950,000 Security Title Agency Inc
Pendergrass Revocable Trust -- None Available
Pendergrass Heather M $670,000 First American Title Ins Co
Amberwood Homes Llc $155,000 Stewart Title & Trust Of Pho
Munroe Royce S $144,000 None Available
Sharma Anoop K $375,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laufer Michael $760,000
Previous Owner Pendergrass Heather M $602,000
Previous Owner Sharma Anoop K $280,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $155,000 0.0% --
09/15/2012 09/15/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $155,000 -- --
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 $4,910 $60,439 -- --
2024 $5,201 $57,561 -- --
2023 $5,201 $105,710 $21,140 $84,570
2022 $4,980 $79,750 $15,950 $63,800
2021 $5,024 $74,150 $14,830 $59,320
2020 $5,103 $66,300 $13,260 $53,040
2019 $4,940 $63,220 $12,640 $50,580
2018 $4,749 $59,520 $11,900 $47,620
2017 $4,571 $59,580 $11,910 $47,670
2016 $4,621 $50,910 $10,180 $40,730
2015 $3,984 $47,570 $9,510 $38,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4817958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-588