NOT LISTED FOR SALE

Estimated Value: $823,000 - $889,955

4 Beds
2.5 Baths
3,090 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $324,975 $105 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,125/month

63 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Eat-In Kitchen
  • Jane D. Hull Elementary School Rated A
  • Granite Countertops
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2014

Amazing open floor plan with 4 bedrooms' 2.5 baths plus a bonus room off the laundry room. Deluxe chef kitchen with maple cabinets, large pantry, and granite counter tops, kitchen flows in to large family room. Spacious master bedroom with walk in closet. Gorgeous tile throughout. 3 car tandem garage that can fit your tools and storage needs. Have fun in your private diving pool on hot summer days. On cool nights enjoy the built in firer pit.All facts, figures and measurements to be verified by buyer including those in the MLS.

Last Agent to Sell the Property

Erin Kvist

Arrowhead Property Services, LLC License #BR561624000 Listed on: 01/02/2014

Last Buyer's Agent

Nancy Hawkes

Call Realty, Inc. License #SA566000000

Call Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,090 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Fire Pit

Schools

  • Jane D. Hull Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Riggs Ranch Meadows Association, Phone Number (480) 704-2900
  • Built by Richmond American
  • Riggs Ranch Meadows Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 303-55-279

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,196

Year Built

Built in 2004

Lot Details

0

HOA Fees

$59 per month

Parking

3

Listing Details

  • Cross Street: Gilbert Rd & Chandler Hights
  • Legal Info Range: 5E
  • 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: 58.66
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2012
  • Directions: Gilbert RD & Chandler Heights. Take the 1st left onto S Riggs Meadows Dr.Take the 3rd left onto E Beechnut Pl.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: Riggs Ranch Meadows
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 176.0
  • Special Features: Auction

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 3090.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Firepit: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 176.0
  • Association Fee Frequency: Quarterly
  • Association Name: Riggs Ranch Meadows
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Riggs Ranch Meadows
  • Association Fees:HOA Telephone4: 480) 704-2900
  • 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: Jane D. Hull Elementary
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12648.0
  • Parcel #: 303-55-279
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 2196.12
  • Tax Book Number: 303.00
  • Tax Lot: 54
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2016
Sold by
Srinivasan Raghunathan
Bought by
Hamilton Srinivasan Raghunathan and Hamilton Srinivasan Jessica
Total Days on Market
63
Current Estimated Value
$861,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2014
Closed on
Mar 24, 2014
Sold by
Srinivasan Jessica H
Bought by
Srinivasan Raghunathan
Seller's Agent
Erin Kvist
Arrowhead Property Services, LLC
Buyer's Agent
Nancy Hawkes
Call Realty, Inc.
List Price
$333,900
Sold Price
$324,975
Premium/Discount to List
-$8,925
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$308,700
Outstanding Balance
$237,719
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$623,770

Purchase Details

Listed on
Jan 2, 2014
Closed on
Mar 12, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Srinivasan Raghunathan
Seller's Agent
Erin Kvist
Arrowhead Property Services, LLC
Buyer's Agent
Nancy Hawkes
Call Realty, Inc.
List Price
$333,900
Sold Price
$324,975
Premium/Discount to List
-$8,925
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,700
Outstanding Balance
$237,719
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$623,770

Purchase Details

Closed on
Oct 1, 2013
Sold by
Cummard Reed B
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 19, 2006
Sold by
Cummard Kolby R
Bought by
Cummard Reed B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 22, 2005
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Cummard Reed B and Cummard Kolby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.02%
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
Hamilton Srinivasan Raghunathan -- Title365 Agency
Srinivasan Raghunathan -- First American Title Ins Co
Srinivasan Raghunathan $324,975 First American Title Ins Co
Nationstar Mortgage Llc $486,969 First American Title
Cummard Reed B -- Grand Canyon Title Agency In
Cummard Reed B $317,995 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Raghunathan $120,000
Closed Hamilton Srinivasan Raghunathan $170,000
Open Srinivasan Raghunathan $308,700
Closed Srinivasan Raghunathan $308,700
Previous Owner Cummard Reed B $536,000
Previous Owner Cummard Reed B $191,000
Previous Owner Cummard Reed B $254,390
Closed Cummard Reed B $63,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $324,975 -2.7% $105 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $333,900 +2.7% $108 / Sq Ft
02/13/2014 02/13/14 Off Market $324,975 -- --
02/10/2014 02/10/14 Price Changed $333,900 -16.7% $108 / Sq Ft
01/02/2014 01/02/14 For Sale $401,000 -- $130 / 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 $2,910 $37,111 -- --
2024 $2,850 $35,344 -- --
2023 $2,850 $61,130 $12,220 $48,910
2022 $2,752 $44,150 $8,830 $35,320
2021 $2,872 $41,480 $8,290 $33,190
2020 $2,857 $39,320 $7,860 $31,460
2019 $2,750 $36,280 $7,250 $29,030
2018 $2,660 $35,060 $7,010 $28,050
2017 $2,482 $33,050 $6,610 $26,440
2016 $2,645 $31,620 $6,320 $25,300
2015 $2,558 $30,650 $6,130 $24,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5047549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-279