NOT LISTED FOR SALE

2857 E Arrowhead Trail Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,760,000 - $2,011,850

5 Beds
4.5 Baths
4,801 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 10, 2015

Last sale price $880,000 $183 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,102/month

25 Days on Market

Highlights

  • RV Access or Parking
  • 0.78 Acre Lot
  • Wood Flooring
  • Coronado Elementary School Rated A
  • Mountain View
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2015

Elegantly appointed high-end custom home in the desirable and almost completely built-out GATED Weston Ranch in GILBERT, AZ. Fabulous location close to Gilbert shopping & entertainment, 202 freeway, etc. This exquisite custom home features the latest design elements with gorgeous finishes thru-out,a soaring 18' entry, hand forged iron door w/ custom made side lights & transom, GORGEOUS custom-built hi-end, double stacked cabinetry with glass inlays, gorgeous granite and marble countertops, distinctive wood & tile flooring,misting system, multiple patios/verandas all with mahogany-stained tongue and groove ceilings & approx 5000sf herringbone patterned pavers, smart home, network, security and camera PREwire...TOO much detail to mention here! Photos are of different home, same floor plan.

Last Agent to Sell the Property

Susan Fisher

Call Realty, Inc. License #SA584340000 Listed on: 03/16/2015

Call Realty, Inc.

Last Buyer's Agent

Roseann Cossman

HomeSmart License #SA106111000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 0.78 Acre Lot
  • Block Wall Fence
  • Misting System
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,801 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Coronado Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 304-59-574

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Mgmt Association, Phone Number (480) 704-2900
  • Built by WMS Builders
  • Weston Ranch Amd Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,601

Year Built

Built in 2014 | Under Construction

Lot Details

0

HOA Fees

$162 per month

Parking

4

Listing Details

  • Cross Street: Higley/Queen Creek
  • 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: 162.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.78
  • Subdivision Name: WESTON RANCH AMD
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 183.29
  • Association Fees:HOA Fee2: 162.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): 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, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4801.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: 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:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Misting System
  • Lot Features: Sprinklers In Front, Dirt Back, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Blown Cellulose, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes
  • Exterior Features:Misting System: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 162.0
  • Association Fee Frequency: Monthly
  • Association Name: Premier Mgmt
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier 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: Coronado Elementary School
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34090.0
  • Parcel #: 304-59-574

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: WMS Builders

Tax Info

  • Tax Annual Amount: 1601.0
  • Tax Book Number: 304.00
  • Tax Lot: 50
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Malladi Vivek Reddy and Malladi Divya Singh
Bought by
Blue Pinnacle Trust and Malladi
Current Estimated Value
$1,801,363

Purchase Details

Listed on
Mar 16, 2015
Closed on
Jun 8, 2015
Sold by
Fisher Matthew A and Fisher Susan M
Bought by
Malladi Vivek Reddy and Malladi Divya Singh
Seller's Agent
Susan Fisher
Call Realty, Inc.
Buyer's Agent
Roseann Cossman
HomeSmart
List Price
$900,000
Sold Price
$880,000
Premium/Discount to List
-$20,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$704,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Johnson Billy G
Bought by
Fisher Matthew A and Fisher Susan M

Purchase Details

Closed on
Mar 5, 2009
Sold by
Weston Ranch Development Llc
Bought by
Johnson Billy G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Pinnacle Trust -- None Listed On Document
Malladi Vivek Reddy $880,000 Grand Canyon Title Agency
Fisher Matthew A $200,000 Stewart Title & Trust Of Pho
Johnson Billy G $921,288 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malladi Vivek Reddy $704,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2015 06/10/15 Sold $880,000 -2.2% $183 / Sq Ft
03/16/2015 03/16/15 For Sale $900,000 -- $187 / 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 $6,024 $73,102 -- --
2024 $6,376 $69,621 -- --
2023 $6,376 $124,200 $24,840 $99,360
2022 $6,109 $91,300 $18,260 $73,040
2021 $6,170 $84,460 $16,890 $67,570
2020 $6,266 $82,520 $16,500 $66,020
2019 $6,069 $80,470 $16,090 $64,380
2018 $5,841 $68,130 $13,620 $54,510
2017 $5,625 $70,610 $14,120 $56,490
2016 $5,663 $62,830 $12,560 $50,270
2015 $1,636 $21,216 $21,216 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5251284

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-574