$242,500
SOLD OCT 5, 2012

2871 S Martingale Rd Gilbert, AZ 85295

Higley Neighborhood
5 Beds
3 Baths
2,278 Sq Ft
8,542 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

3% Above List Price

2 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

Have received multiple offers. Terrific Gilbert Home, just 5 mins to San Tan Village Mall and 202! Walk to Elementary School. HUGE LOT!SPACIOUS 5 BEDROOM HOME W/3 FULL BATHS, Granite T/O, 20'' Tile, Stainless IN A GREAT NEIGHBORHOOD!Vaulted Ceilings, One bedroom and full bath downstairs *LARGE 2 CAR GARAGE WITH 3RD BAY FOR LARGE PROJECTS OR STORAGE*LARGE BACKYARD W/SPARKLING POOL With Afternoon partial shade in beach entry area is ideal AND COVERED PATIO, RV Gate and Grape Arbor*SYNTHETIC GRASS AT FRONT MEANS LOW MAINTENANCE*Newer Wood Blinds *STORAGE SHED* This home is move in ready. Seller being transferred makes this exceptional home available!

Last Agent to Sell the Property

Kimberly Healy Franzetti

West USA Realty Brokerage Phone: 602-402-5330 License #SA514237000 Listed on: 09/06/2012

West USA Realty

Last Buyer's Agent

Chris Pearce

Call Realty, Inc. License #SA630761000

Call Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 2002

Lot Details

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

HOA Fees

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
  • Solar Screens

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
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Patio
  • Outdoor Storage
  • Playground

Schools

  • San Tan Elementary
  • Higley Traditional Academy High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating

Community Details

  • Association fees include ground maintenance
  • Association Phone (480) 437-4777
  • Avonlea Association, Phone Number (480) 437-4777
  • 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

$1,684

Year Built

Built in 2002

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Cross Street: Pecos Rd & Higley Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Avonlea
  • HOA #2 Phone Number: 480-437-4777
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.0
  • Basement: N
  • Bathrooms Year Updated: 2011
  • Items Updated Floor Yr Updated: 2011
  • Items Updated Kitchen Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2002
  • Tax Year: 2011
  • 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
  • Attribution Contact: 602-402-5330
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: CHANDLER GINNING
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 55.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2278.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: 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:Walk-in Pantry: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio, Storage
  • Lot Features: Grass Back, Synthetic Grass Frnt
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • 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
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association #2 Fee: 55.0
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association: Avonlea
  • Association Name: HOA
  • Association Phone #2: 480-437-4777
  • Phone: 480-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: HOA
  • Association Fees:HOA Telephone4: 480 437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 8542.0
  • Parcel #: 304-48-910
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MARACAY

Tax Info

  • Tax Annual Amount: 1684.0
  • 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 28, 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
Current Estimated Value
$636,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,252
Avg. Annual Appreciation
8.46%
Original Mortgage
$337,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 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
7.80%
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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Security Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Warranty Deed $355,000 Security Title Agency Inc
Warranty Deed -- None Available
Warranty Deed $242,500 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $199,900 Magnus Title Agency
Trustee Deed $160,200 None Available
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Special Warranty Deed $193,369 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,800 New Conventional
Closed $339,000 New Conventional
Closed $337,250 New Conventional
Previous Owner $235,000 Credit Line Revolving
Previous Owner $195,868 FHA
Previous Owner $199,900 VA
Previous Owner $130,000 Unknown
Previous Owner $255,200 New Conventional
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $28,100 Credit Line Revolving
Previous Owner $149,850 Purchase Money Mortgage
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4814688

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-48-910