NOT LISTED FOR SALE

2978 E Shannon St Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $594,000 - $675,000

5 Beds
3 Baths
3,059 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $365,000 $119 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,651/month

153 Days on Market

Highlights

  • Vaulted Ceiling
  • Private Yard
  • Balcony
  • Higley Traditional Academy Rated A
  • Covered Patio or Porch
  • 3-minute walk to Lyons Gate Community Park And Playground

About This Home

As of May 2019

Great two story home with 5BD/3BA! Welcoming kitchen has quartz counter tops, updated cabinets, and matching stainless steel appliances. Downstairs has a bedroom with a full bath downstairs, great for a guest room. Upstairs, the master bath bosts a large sitting room, an attached en suite with a dual vanity and spacious walk in closet. Right out of the master, in the hallway, is a lovely balcony. The backyard is fully landscaped which is perfect outdoor entertainment or just relaxing after a long day. With close access to the 202, this home is close to Cosmo park, Top Golf, Joe's Farm Grill and a short drive to San Tan Village and other shopping and dining. This home will not last long!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 12/05/2018

Last Buyer's Agent

Charles Edwards

Realty ONE Group License #SA580423000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 2014

Lot Details

  • 5,150 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,059 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Lyon's Gate Communit Association, Phone Number (602) 437-4777
  • Built by MERITAGE HOMES
  • Lyons Gate Subdivision

Listing and Financial Details

  • Tax Lot 581
  • Assessor Parcel Number 313-13-596

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,709

Year Built

Built in 2014

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Cross Street: Higley and Ray
  • Legal Info Range: 6E
  • 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: 60.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: LYONS GATE
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 119.32
  • Association Fees:HOA Fee2: 60.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3059.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyon's Gate Communit
  • 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: Lyon's Gate Communit
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Higley High School
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5150.0
  • Parcel #: 313-13-596

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 2709.0
  • Tax Book Number: 313.00
  • Tax Lot: 581
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
May 8, 2019
Sold by
Offerpad Spvborrower1 Llc
Bought by
Punchios Steven and Punchios Marisa
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Charles Edwards
Realty ONE Group
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$640,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,188
Avg. Annual Appreciation
8.99%
Original Mortgage
$285,000
Outstanding Balance
$250,064
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$390,124

Purchase Details

Closed on
Aug 6, 2018
Sold by
Rich Kevin C and Rich Margaret R
Bought by
Offerpad Llc and Spvborrower1 Llc

Purchase Details

Closed on
Sep 26, 2014
Sold by
Meritage Homes Of Arizona Inc
Bought by
Rich Kevin C and Rich Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,807
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Punchios Steven $365,000 First American Title Ins Co
Offerpad Llc $349,495 First American Title Insuran
Rich Kevin C $314,534 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Punchios Steven $285,000
Previous Owner Rich Kevin C $298,807
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $365,000 -1.1% $119 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/29/2019 04/29/19 Price Changed $368,900 0.0% $121 / Sq Ft
03/21/2019 03/21/19 Price Changed $369,000 -0.2% $121 / Sq Ft
12/05/2018 12/05/18 For Sale $369,900 -- $121 / 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 $2,803 $37,633 -- --
2024 $3,006 $35,841 -- --
2023 $3,006 $44,980 $8,990 $35,990
2022 $2,873 $34,180 $6,830 $27,350
2021 $2,954 $31,760 $6,350 $25,410
2020 $3,011 $30,570 $6,110 $24,460
2019 $2,915 $29,230 $5,840 $23,390
2018 $2,811 $28,630 $5,720 $22,910
2017 $2,709 $28,660 $5,730 $22,930
2016 $2,757 $28,560 $5,710 $22,850
2015 $2,406 $29,620 $5,920 $23,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Derek Dickson

    OfferPad Brokerage, LLC

    Derek Dickson
    Section Image
  • Charles Edwards

    Buyer's Agent in 2019

    Charles Edwards

    Realty One Group

    (480) 269-8499

    14 Total Sales

    Charles Edwards
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5854576

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-13-596

Arizona Maricopa County Gilbert 85295 Lyon's Gate

2978 E Shannon St, Gilbert, AZ

Not Listed for Sale

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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