$718,000
SOLD MAY 3, 2016

2878 E Portola Valley Ct Gilbert, AZ 85297

Higley Neighborhood
5 Beds
3.5 Baths
3,905 Sq Ft
0.42 Acres

Recently Sold

$184 Per Sq Ft

10% Below List Price

125 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Gated Community
  • San Tan Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • 0.42 Acre Lot

About This Home

As of April 2021

Beautiful custom home in exclusive Whitewing at Higley gated community. Featuring 5 bedrooms/3.5 baths, this home includes a large open-concept kitchen/great room, formal dining and split-bedroom design with 12’ ceilings, decorated with travertine, plank tile and granite countertops throughout. Chef's kitchen features custom alder cabinetry, gas cooktop and double wall ovens. Oversized master suite includes spa-like master bath with dual vanities, walk-in double shower & jetted tub. Huge secondary bedrooms with walk-in closets. Backyard features citrus trees, heated salt water pool & spa w/water features, built-in BBQ & extended patio, basketball court and rv gate. 3 car side-entry garage w/epoxy floors and built-in cabinets. Home is meticulously clean, well maintained and move-in ready.

Last Agent to Sell the Property

Nancy Caunt

Berkshire Hathaway HomeServices Arizona Properties License #SA658337000 Listed on: 11/25/2015

Co-Listed By

Matthew Caunt

Berkshire Hathaway HomeServices Arizona Properties License #SA654434000

Last Buyer's Agent

Nancy Caunt

Berkshire Hathaway HomeServices Arizona Properties License #SA658337000 Listed on: 11/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,279

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,905 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

  • San Tan Elementary
  • Higley High School

Utilities

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

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 304-52-115

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by Seville
  • Whitewing At Higley Subdivision

Recreation

  • Sport Court
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,279

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Higley & Pecos
  • 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: 151.8
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2015
  • Directions: South on Higley, Right on Woodside to Gated Community, Left to Portola Valley Dr/Ct, Right on Portola Valley Ct, near end of street on Right (North) Side
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Subdivision Name: WHITEWING AT HIGLEY
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 151.8
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Heated
  • Accessibility Features: Zero-Grade Entry, Mltpl Entries/Exits, Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3905.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Fenced, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Over Height Garage, RV Gate, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: City Property Mgmt
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mgmt
  • Association Fees:HOA Telephone4: 602-437-4777
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: San Tan Elementary
  • High School: Higley High School
  • Middle Or Junior School: San Tan Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18240.0
  • Parcel #: 304-52-115
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Seville

Tax Info

  • Tax Annual Amount: 6279.0
  • Tax Book Number: 304.00
  • Tax Lot: 49
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 1, 2021
Sold by
Formoso Arthur and Formoso Heidi
Bought by
Kennedy Joseph M
Seller's Agent
Nelson Llumiquinga
Desert Elite Realty
Buyer's Agent
Lissette Lent
My Home Group Real Estate
List Price
$970,000
Sold Price
$980,000
Premium/Discount to List
$10,000
1.03%
Total Days on Market
125
Current Estimated Value
$1,479,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,384
Avg. Annual Appreciation
9.11%
Original Mortgage
$548,250
Outstanding Balance
$499,604
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$911,545

Purchase Details

Listed on
Nov 25, 2015
Closed on
Apr 29, 2016
Sold by
Behling Michael B and Behiing Sheryl
Bought by
Formoso Arthur and Formoso Heidi
Seller's Agent
Nancy Caunt
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Nancy Caunt
Berkshire Hathaway HomeServices Arizona Properties
List Price
$798,000
Sold Price
$718,000
Premium/Discount to List
-$80,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$642,750
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Oct 15, 2004
Sold by
Seville Homes Llc
Bought by
Behling Michael B and Behling Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Garduno Investments Inc
Bought by
Seville Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,400
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2002
Sold by
Whitewing Iii Llc
Bought by
Garduno Investments Inc
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 Type Sale Price Title Company
Warranty Deed $980,000 Great American Ttl Agcy Inc
Warranty Deed $718,000 Grand Canyon Title Agency
Warranty Deed $670,000 Lawyers Title Ins
Warranty Deed $153,200 Lawyers Title Insurance Corp
Cash Sale Deed $104,990 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $642,750 VA
Previous Owner $160,000 Purchase Money Mortgage
Previous Owner $451,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $980,000 +1.0% $251 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $970,000 +35.1% $248 / Sq Ft
05/03/2016 05/03/16 Sold $718,000 0.0% $184 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/24/2016 03/24/16 Price Changed $718,000 -2.7% $184 / Sq Ft
01/21/2016 01/21/16 Price Changed $738,000 -7.5% $189 / Sq Ft
11/25/2015 11/25/15 For Sale $798,000 -- $204 / 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 $6,049 $83,928 -- --
2024 $7,314 $79,931 -- --
2023 $7,314 $103,700 $20,740 $82,960
2022 $7,007 $76,410 $15,280 $61,130
2021 $7,092 $72,580 $14,510 $58,070
2020 $7,207 $70,460 $14,090 $56,370
2019 $6,980 $67,830 $13,560 $54,270
2018 $6,726 $62,220 $12,440 $49,780
2017 $6,477 $62,180 $12,430 $49,750
2016 $6,524 $60,650 $12,130 $48,520
2015 $6,279 $58,630 $11,720 $46,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5366804

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-52-115