NOT LISTED FOR SALE

2875 S Martingale Rd Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $559,983 - $604,000

3 Beds
2 Baths
1,654 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $510,000 $308 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,235/month

86 Days on Market

Highlights

  • Heated Spa
  • 0.33 Acre Lot
  • Granite Countertops
  • Chaparral Elementary School Rated A-
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of September 2021

This Gilbert one-story home offers a patio, granite countertops, and a two-car garage.

Last Agent to Sell the Property

Andrea Groves

ADG Properties Brokerage Email: homes@opendoor.com License #BR579515000 Listed on: 05/19/2021

Last Buyer's Agent

Pam Olmstead

HomeSmart License #SA117110000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Heated Spa
  • Private Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Avonlea Association, Phone Number (480) 347-1900
  • Built by Maracay Homes
  • Chandler Ginning Subdivision

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 304-48-909

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 2003

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: CHANDLER GINNING
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 308.34
  • Association Fees:HOA Fee2: 55.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1654.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Other, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Avonlea
  • Phone: 480-347-1900
  • Association: Yes

Association/Amenities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14534.0
  • Parcel #: 304-48-909

Building Info

  • Builder Name: Maracay Homes

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Book Number: 304.00
  • Tax Lot: 144
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Sep 14, 2021
Sold by
Opendoor Property Trust I
Bought by
Threlkeld Kaleb and Threlkeld Denise
Seller's Agent
Andrea Groves
ADG Properties
Buyer's Agent
Pam Olmstead
HomeSmart
List Price
$570,000
Sold Price
$510,000
Premium/Discount to List
-$60,000
-10.53%
Current Estimated Value
$577,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,246
Avg. Annual Appreciation
2.92%
Original Mortgage
$484,500
Outstanding Balance
$440,201
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$137,045

Purchase Details

Closed on
May 10, 2021
Sold by
Stoke Laban and Stoke Christine
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Jul 20, 2009
Sold by
Fisher Susan E
Bought by
Stoke Laban and Stoke Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,270
Interest Rate
5.31%
Mortgage Type
VA

Purchase Details

Closed on
Nov 14, 2008
Sold by
Fisher Charles H
Bought by
Fisher Susan E

Purchase Details

Closed on
Apr 26, 2005
Sold by
Fisher Susan E and Adams Susan
Bought by
Fisher Charles H and Fisher Susan E

Purchase Details

Closed on
Oct 6, 2003
Sold by
Maracay Higley Llc
Bought by
Adams Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.72%
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
Threlkeld Kaleb $510,000 Os National Llc
Opendoor Property Trust $492,800 Os National
Stoke Laban $190,000 Equity Title Agency Inc
Fisher Susan E -- None Available
Fisher Charles H -- First American Title Ins Co
Adams Susan $188,522 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Threlkeld Kaleb $484,500
Previous Owner Stoke Laban $196,270
Previous Owner Adams Susan $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $510,000 -3.8% $308 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $530,000 -2.8% $320 / Sq Ft
07/15/2021 07/15/21 Price Changed $545,000 -0.9% $330 / Sq Ft
07/01/2021 07/01/21 Price Changed $550,000 -3.5% $333 / Sq Ft
05/19/2021 05/19/21 For Sale $570,000 -- $345 / 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 $1,974 $25,741 -- --
2024 $2,181 $24,515 -- --
2023 $2,181 $43,250 $8,650 $34,600
2022 $2,087 $32,700 $6,540 $26,160
2021 $2,502 $30,270 $6,050 $24,220
2020 $2,175 $28,050 $5,610 $22,440
2019 $2,107 $25,370 $5,070 $20,300
2018 $2,029 $23,960 $4,790 $19,170
2017 $1,958 $21,570 $4,310 $17,260
2016 $1,950 $21,320 $4,260 $17,060
2015 $1,735 $20,480 $4,090 $16,390
Source: Public Records

Agents Affiliated with this Home

  • Andrea Groves

    Seller's Agent in 2021

    Andrea Groves

    ADG Properties

    (602) 291-1866

    14 in this area

    3,328 Total Sales

    Andrea Groves
    Section Image
  • Pam Olmstead

    Buyer's Agent in 2021

    Pam Olmstead

    HomeSmart

    (480) 889-3700

    1 in this area

    74 Total Sales

    Pam Olmstead
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6238184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-48-909

Arizona Maricopa County Gilbert 85295 Higley

2875 S Martingale Rd, 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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