NOT LISTED FOR SALE

2871 S Martingale Rd Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $630,000 - $644,000

5 Beds
3 Baths
2,278 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $360,000 $158 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,561/month

7 Days on Market

Highlights

  • Play Pool
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Chaparral Elementary School Rated A-
  • Granite Countertops
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2018

This GORGEOUS Gilbert home is spacious, welcoming, and the perfect fit for the entire family! As you walk up the polished drive way and enter the home into the family room you'll be tempted to invite all your friends and family over to visit. This home is perfect for entertaining the entire family because of the open concept, large 3 bathrooms, and other attractive features like the naturally lit kitchen and high ceilings making the home feel so spacious. Take a peek into the 2.5 car deep garage!Enjoy yourself in the backyard under the shaded patio & have a blast in the pool with all your loved ones! Also decked out with a work shop/shed, large open grass yard, and beautifully grown trees for extra shade. The home is fully equipped with solar and a tesla charging station.

Last Agent to Sell the Property

Adam Lee

eXp Realty License #SA567325000 Listed on: 06/29/2018

eXp Realty

Last Buyer's Agent

Matthew Magnavita

HomeSmart License #SA585927000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 2002

Lot Details

  • 8,542 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,278 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Patio
  • Outdoor Storage
  • Playground

Schools

  • Santan Elementary School
  • San Tan Elementary Middle School
  • Higley Traditional Academy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Legacy Community Association, Phone Number (480) 347-1900
  • Built by Maracay
  • Chandler Ginning Subdivision

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 304-48-910

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Pecos Rd & Higley Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Year Built: 2002
  • Tax Year: 2017
  • Directions: EAST ON PECOS RD, NORTH ON HIGLEY, EAST ON ELGIN, NORTH ON SETON AVE, EAST ON ELGIN, CURVES ON TO MARTINGALE, HOME ON THE RIGHT
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.2
  • Subdivision Name: CHANDLER GINNING
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 55.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2278.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio, Storage
  • Lot Features: Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association Name: Avonlea HOA
  • Phone: 480-347-1900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Avonlea HOA
  • Association Fees:HOA Telephone4: 480-347-1900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Legacy Community
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Santan Elementary
  • High School: Higley Traditional Academy
  • Middle Or Junior School: San Tan Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8542.0
  • Parcel #: 304-48-910
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Maracay

Tax Info

  • Tax Annual Amount: 1993.0
  • Tax Book Number: 304.00
  • Tax Lot: 145
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 31, 2018
Sold by
2871 S Martingale Rd Llc
Bought by
Shields Jonathan
Seller's Agent
Adam Lee
eXp Realty
Buyer's Agent
Matthew Magnavita
HomeSmart
List Price
$360,000
Sold Price
$360,000
Total Days on Market
7
Current Estimated Value
$636,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,265
Avg. Annual Appreciation
8.66%
Original Mortgage
$337,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 24, 2018
Sold by
Shields Jonathan
Bought by
Parisi Daniel and Parisi Erin
Seller's Agent
Adam Lee
eXp Realty
Buyer's Agent
Matthew Magnavita
HomeSmart
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Shields Jon
Bought by
2871 S Martingale Rd Llc

Purchase Details

Listed on
Sep 6, 2012
Closed on
Oct 3, 2012
Sold by
Tarte Brian
Bought by
Shields Jon
Seller's Agent
Kimberly Healy Franzetti
West USA Realty
Buyer's Agent
Chris Pearce
Call Realty, Inc.
List Price
$235,000
Sold Price
$242,500
Premium/Discount to List
$7,500
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$195,868
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2012
Closed on
Oct 2, 2012
Sold by
Shields Jordan
Bought by
Shields Jon
Seller's Agent
Kimberly Healy Franzetti
West USA Realty
Buyer's Agent
Chris Pearce
Call Realty, Inc.
List Price
$235,000
Sold Price
$242,500
Premium/Discount to List
$7,500
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,868
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Ez Homes Inc
Bought by
Tarte Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Jun 22, 2011
Sold by
Stout James M
Bought by
Ez Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Mar 6, 2007
Sold by
Stout Michele L
Bought by
Stout James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Stout Harold and Stout Marian
Bought by
Stout Harold M and Stout Marian R

Purchase Details

Closed on
Jun 17, 2003
Sold by
Maracay Higley Llc
Bought by
Edwards Scott and Edwards Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,100
Interest Rate
5.26%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Shields Jonathan -- Security Title Agency Inc
2871 S Martingale Rd Llc -- Security Title Agency Inc
Parisi Daniel $355,000 Security Title Agency Inc
2871 S Martingale Rd Llc -- None Available
Shields Jon $242,500 First American Title Ins Co
Shields Jon -- First American Title Ins Co
Tarte Brian $199,900 Magnus Title Agency
Ez Homes Inc $160,200 None Available
Stout James M -- First American Title Ins Co
Stout James M -- First American Title Ins Co
Stout Harold M -- None Available
Edwards Scott $193,369 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parisi Daniel $338,800
Closed Parisi Daniel $339,000
Closed Parisi Daniel $337,250
Previous Owner Shields Jon $235,000
Previous Owner Shields Jon $195,868
Previous Owner Tarte Brian $199,900
Previous Owner Ez Homes Inc $130,000
Previous Owner Stout James M $255,200
Previous Owner Stout James M $220,000
Previous Owner Edwards Scott $28,100
Previous Owner Edwards Scott $149,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $360,000 0.0% $158 / Sq Ft
06/28/2018 06/28/18 For Sale $360,000 +48.5% $158 / Sq Ft
10/05/2012 10/05/12 Sold $242,500 +3.2% $106 / Sq Ft
09/08/2012 09/08/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $235,000 -- $103 / 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 $2,207 $27,374 -- --
2024 $2,215 $26,071 -- --
2023 $2,215 $43,570 $8,710 $34,860
2022 $2,118 $32,410 $6,480 $25,930
2021 $2,173 $30,420 $6,080 $24,340
2020 $2,214 $28,380 $5,670 $22,710
2019 $2,144 $25,430 $5,080 $20,350
2018 $2,066 $24,260 $4,850 $19,410
2017 $1,964 $22,480 $4,490 $17,990
2016 $1,986 $21,810 $4,360 $17,450
2015 $1,768 $21,170 $4,230 $16,940
Source: Public Records

Agents Affiliated with this Home

  • Adam Lee

    Seller's Agent in 2018

    Adam Lee

    eXp Realty

    (480) 331-3501

    5 in this area

    129 Total Sales

    Adam Lee
    Section Image
  • Matthew Magnavita

    Buyer's Agent in 2018

    Matthew Magnavita

    HomeSmart

    (480) 889-3700

    26 Total Sales

    Matthew Magnavita
    Section Image

  • K

    Seller's Agent in 2012

    Kimberly Healy Franzetti

    West USA Realty

    (602) 402-5330

    1 in this area

    109 Total Sales

    Kimberly Healy Franzetti
    Section Image

  • C

    Buyer's Agent in 2012

    Chris Pearce

    Call Realty, Inc.

    (602) 531-9884

    4 Total Sales

    Chris Pearce
    Section Image

  • C

    Buyer's Agent in 2012

    Christopher Pearce

    Gentry Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5786751

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-48-910

Arizona Maricopa County Gilbert 85295 Higley

2871 S Martingale Rd, Gilbert, AZ

This home is located at 2871 S Martingale Rd, Gilbert, AZ 85295 since 29 June 2018 and is currently estimated at $636,265, approximately $279 per square foot. This property was built in 2002. 2871 S Martingale Rd is a home located in Maricopa County with nearby schools including Chaparral Elementary School, Williams Field High School, and Cooley Middle 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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