NOT LISTED FOR SALE

2950 E Latham Way Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,399,000 - $1,508,000

4 Beds
4.5 Baths
3,703 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $770,270 $208 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,265/month

Highlights

  • Heated Spa
  • Gated Community
  • Granite Countertops
  • Coronado Elementary School Rated A
  • 0.78 Acre Lot
  • Private Yard

About This Home

As of July 2024

Amazing custom home in Gilbert is a multi-purpose masterpiece. This beautiful property in the gated community of Weston Ranch is perfect for both entertaining and family living. The kitchen is a chef's dream with two separate islands, each with their own sink and large prep area. Premium appliances include double ovens, built in refrigerator and 5 burner gas range. Stunning resort-style back yard features a gas grill, fire pit, spa and wide lap length pool. Butler's pantry and formal dining room are serviced by the extra-large wet bar. Each bedroom has its own ensuite bathroom - ideal for large or multi-generational families. Master wing includes 2 closets, a large soaking tub,and a huge sitting room. See why this is the best of both worlds.

Last Agent to Rent the Property

Uma Bolisetty

DeLex Realty License #SA572078000 Listed on: 04/08/2024

DeLex Realty

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 2008

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,703 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Washer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Coronado Elementary School
  • Higley High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/1/24
  • 12-Month Minimum Lease Term
  • Tax Lot 79
  • Assessor Parcel Number 304-59-603

Community Details

Overview

  • Property has a Home Owners Association
  • Weston Ranch Association, Phone Number (480) 539-1396
  • Built by Amberwood Homes
  • Weston Ranch Amd Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,758

Year Built

Built in 2008

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2024-06-01

Listing Details

  • Cross Street: Queen Creek Rd/Higley
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Rental Info H O A Name: Weston Ranch
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Directions: (W) on Queen Creek to gate at Rockwell, (N) to Clark (E) to Banning, (N) to Latham, (W) to property on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.78
  • Subdivision Name: WESTON RANCH AMD
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Fireplace Features Gas Fireplace2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, Gas Fireplace, Fireplace Living Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3703.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit2: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:BBQ: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Name: Weston Ranch
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Coronado Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Coronado Elementary School

Lot Info

  • Lot Size Sq Ft: 33949.0
  • Parcel #: 304-59-603

Building Info

  • Builder Name: Amberwood Homes

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 79
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Vannela Ravi and Vannela Archana
Bought by
Raaavi Trust
Current Estimated Value
$1,474,164

Purchase Details

Listed on
Mar 28, 2019
Closed on
Feb 4, 2020
Sold by
Nikolaev Sandra S and The Richard And Sandra Nikolae
Bought by
Vannela Ravi and Vannela Archana
Seller's Agent
Cort Nikolaev
Geneva Real Estate and Investments
Buyer's Agent
Cort Nikolaev
Geneva Real Estate and Investments
List Price
$899,500
Sold Price
$770,270
Premium/Discount to List
-$129,230
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$654,770
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2015
Sold by
Nikolaev Richard D and Nikolaev Revocable T Richard D
Bought by
The Richard & Sandra Nikolaev Trust

Purchase Details

Closed on
Jul 2, 2010
Sold by
Compass Bbva
Bought by
Nikolaev Sandra S

Purchase Details

Closed on
May 12, 2010
Sold by
Weston Ranch Development Llc
Bought by
Compass Bank
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Raaavi Trust -- --
Vannela Ravi $770,270 Premier Title Agency
The Richard & Sandra Nikolaev Trust -- None Available
Nikolaev Sandra S $525,000 Fidelity Natl Title Ins Co
Compass Bank $2,666,557 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannela Ravi $150,000
Previous Owner Vannela Ravi $653,300
Previous Owner Vannela Ravi $654,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $5,400 0.0% --
06/06/2024 06/06/24 Price Changed $5,400 -1.8% $1 / Sq Ft
05/24/2024 05/24/24 For Rent $5,500 0.0% --
05/24/2024 05/24/24 Under Contract -- -- --
04/08/2024 04/08/24 For Rent $5,500 0.0% --
03/05/2020 03/05/20 Sold $770,270 -9.4% $208 / Sq Ft
07/18/2019 07/18/19 Price Changed $850,000 -2.9% $230 / Sq Ft
06/19/2019 06/19/19 Price Changed $875,000 -2.7% $236 / Sq Ft
03/01/2019 03/01/19 For Sale $899,500 -- $243 / 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 $5,758 $60,211 -- --
2024 $6,965 $57,343 -- --
2023 $6,965 $105,570 $21,110 $84,460
2022 $6,698 $77,630 $15,520 $62,110
2021 $6,158 $72,300 $14,460 $57,840
2020 $6,255 $64,050 $12,810 $51,240
2019 $6,058 $61,670 $12,330 $49,340
2018 $5,831 $57,680 $11,530 $46,150
2017 $5,614 $58,980 $11,790 $47,190
2016 $5,676 $56,280 $11,250 $45,030
2015 $4,911 $53,470 $10,690 $42,780
Source: Public Records

Agents Affiliated with this Home

  • U

    Landlord's Agent in 2024

    Uma Bolisetty

    DeLex Realty

    (480) 789-1221

    16 Total Sales

    Uma Bolisetty
    Section Image

  • N

    Tenant's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • C

    Seller's Agent in 2020

    Cort Nikolaev

    Geneva Real Estate and Investments

    (602) 228-5900

    1 Total Sale

    Cort Nikolaev
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6688469

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-603

Arizona Maricopa County Gilbert 85297 Higley

2950 E Latham Way, Gilbert, AZ

This home is located at 2950 E Latham Way, Gilbert, AZ 85297 since 08 April 2024 and is currently priced at $1,474,164. This property was built in 2008. 2950 E Latham Way is a home located in Maricopa County with nearby schools including Coronado 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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