NOT LISTED FOR SALE

2844 E Melrose St Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $817,641 - $869,000

5 Beds
4 Baths
3,960 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $359,000 $91 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,826/month

108 Days on Market

Highlights

  • Spanish Architecture
  • Granite Countertops
  • Eat-In Kitchen
  • San Tan Elementary School Rated A
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of June 2014

LIVE LARGE !!! Almost 4000 sqft of luxury awaits you here !! SS Appliances * Upgraded Cabinets * Granite Counter tops * Diagonal Layout Upgraded Tiles * Upgraded Staircase * Upgraded Light Fixtures * High Ceilings * LARGE Rooms * Separate Living and Family Rooms * Full Patio * Private Courtyard * LOFT * Split Floor Plan Upstairs * Double Sinks * Separate Tub and Shower * Purchase this property for as little as 5% down * Buyer and or Buyer agent to Verify any and all info.

Last Agent to Sell the Property

Bindiya Cheema

Dynamite Asset Realty License #SA568087000 Listed on: 02/21/2014

Co-Listed By

David Cheema

Dynamite Asset Realty License #BR578695000

Last Buyer's Agent

Brooke Wilson

Paradise Fine Homes License #BR528403000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 2007

Lot Details

  • 10,045 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • San Tan Elementary
  • Higley Traditional Academy High School

Utilities

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

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 304-52-534

Community Details

Overview

  • Association fees include ground maintenance
  • Brown Comm Mgmt Association, Phone Number (480) 596-1396
  • Built by SunWest
  • Stratland Estates Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,893

Year Built

Built in 2007

Lot Details

0

HOA Fees

$81 per month

Parking

4

Listing Details

  • Cross Street: Higley and Germann
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 81.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: dyas001
  • Co List Office Phone: 480-626-3846
  • Subdivision Name: Stratland Estates
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 90.66
  • Association Fees:HOA Fee2: 243.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3960.0
  • Stories: 2
  • Window Features: Low-E
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee: 243.0
  • Association Fee Frequency: Quarterly
  • Association Name: Brown Comm Mgmt
  • Phone: 480-596-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Brown Comm Mgmt
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10045.0
  • Parcel #: 304-52-534
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: SunWest

Tax Info

  • Tax Annual Amount: 2893.0
  • Tax Book Number: 304.00
  • Tax Lot: 113
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jul 18, 2014
Sold by
Aki Mohamed
Bought by
Modoc Properties Llc
Seller's Agent
Bindiya Cheema
Dynamite Asset Realty
Buyer's Agent
Brooke Wilson
Paradise Fine Homes
List Price
$435,900
Sold Price
$359,000
Premium/Discount to List
-$76,900
-17.64%
Current Estimated Value
$846,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,160
Avg. Annual Appreciation
7.73%

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 17, 2014
Sold by
Einahas Shaimaa and Akl Mohamed
Bought by
Akl Mohamed
Seller's Agent
Bindiya Cheema
Dynamite Asset Realty
Buyer's Agent
Brooke Wilson
Paradise Fine Homes
List Price
$435,900
Sold Price
$359,000
Premium/Discount to List
-$76,900
-17.64%

Purchase Details

Closed on
Jan 22, 2014
Sold by
Stotltman Mark Michael and Stoltman Alison Jayne
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2007
Sold by
Sunwest Communities Inc
Bought by
Stoltman Mark Michael and Stoltman Alison Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,400
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Modoc Properties Llc -- Stewart Title & Trust Of Pho
Akl Mohamed -- Stewart Title & Trust
Akl Mohamed $359,000 Stewart Title & Trust
Federal National Mortgage Association $401,904 None Available
Stoltman Mark Michael $619,247 First American Title Insuran
Sunwest Communities Inc -- First American Title Insuran
Sun West Valley Developers Inc -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun West Valley Developers Inc $145,400
Previous Owner Stoltman Mark Michael $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $359,000 -2.9% $91 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $369,800 -7.5% $93 / Sq Ft
04/24/2014 04/24/14 Price Changed $399,800 -5.9% $101 / Sq Ft
03/25/2014 03/25/14 Price Changed $424,900 -2.5% $107 / Sq Ft
02/21/2014 02/21/14 For Sale $435,900 -- $110 / 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 $3,740 $47,975 -- --
2024 $3,976 $45,691 -- --
2023 $3,976 $59,310 $11,860 $47,450
2022 $3,796 $45,010 $9,000 $36,010
2021 $3,846 $42,030 $8,400 $33,630
2020 $3,910 $39,260 $7,850 $31,410
2019 $3,775 $36,050 $7,210 $28,840
2018 $3,635 $35,550 $7,110 $28,440
2017 $3,494 $35,810 $7,160 $28,650
2016 $3,471 $36,630 $7,320 $29,310
2015 $3,081 $36,720 $7,340 $29,380
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bindiya Cheema

    Dynamite Asset Realty

  • D

    Seller Co-Listing Agent in 2014

    David Cheema

    Dynamite Asset Realty

    (480) 793-4373

    David Cheema
    Section Image

  • B

    Buyer's Agent in 2014

    Brooke Wilson

    Paradise Fine Homes

    (602) 956-8020

    14 Total Sales

    Brooke Wilson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5074205

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-52-534

Arizona Maricopa County Gilbert 85297 Higley

2844 E Melrose St, Gilbert, AZ

Not Listed for Sale

Detached

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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