NOT LISTED FOR SALE

2987 E Michelle Way Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $436,000 - $465,000

3 Beds
2 Baths
1,353 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $240,000 $177 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,447/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Covered Patio or Porch
  • Pioneer Elementary School Rated A-
  • Private Yard
  • Cul-De-Sac

About This Home

As of April 2018

Great Single Level Home. Located on a cul de sac lot. Open Great Room floor plan which leads to covered patio. Vaulted Ceilings. Large Eat in kitchen with pantry. Master has separate tub & shower. Three bedrooms & two bathrooms. Two car Garage. Mature Orange trees. Very Convenient location near Banner Gateway Hospital, 60 & 202 freeway, Mesa Gateway Airport, San Tan Village Mall, Superstition Mall and highly rated Gilbert Schools.

Last Agent to Sell the Property

Betsy Verrico

Home Style Realty, LLC License #BR553582000 Listed on: 03/29/2018

Last Buyer's Agent

Mohammed Ghori

West USA Realty License #SA510795000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1999

Lot Details

  • 6,486 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,353 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pioneer Elementary School - Gilbert
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Tri City Management Association, Phone Number (480) 844-2224
  • Built by Ryland
  • Baseline/Tone Replat Subdivision, Spruce Floorplan

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 304-08-658

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 1999

Lot Details

6,486 Sq Ft Lot

Parking

2

Listing Details

  • Cross Street: Higley/Baseline
  • 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: 53.24
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2017
  • Master Model: Spruce
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Baseline/Tone Replat
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 177.38
  • Association Fees:HOA Fee2: 159.72
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1353.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Tone Estates
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Tone Estates
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri-City Management
  • Association Fees:HOA Management Phone: 480-844-2224
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Schools

  • Elementary School: Pioneer Elementary School - Gilbert
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6486.0
  • Parcel #: 304-08-658
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Annual Amount: 1425.0
  • Tax Book Number: 304.00
  • Tax Lot: 141
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Khan Gulam I and Khan Farheen I
Bought by
Khan & Khans Llc
Current Estimated Value
$448,800

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 13, 2018
Sold by
Jmm Properties L L C
Bought by
Khan Gulam and Khan Farheen I
Seller's Agent
Betsy Verrico
Home Style Realty, LLC
Buyer's Agent
Mohammed Ghori
West USA Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$180,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Verrico Joseph P
Bought by
Jmm Properties Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Verrico Frances S
Bought by
Verrico Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Garabedian Janu M and Virtue Alima
Bought by
Verrico Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
Garabedian Janu M
Bought by
Garabedian Janu M and Virtue Alima

Purchase Details

Closed on
May 28, 1999
Sold by
Ryland Homes Of Arizona Inc
Bought by
Garabedian Janu M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1999
Sold by
The Ryland Group Inc
Bought by
Ryland Homes Of Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Source: Public Records
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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
Khan & Khans Llc -- Pinnacle Plan Law Center Plc
Khan Gulam $240,000 American Title Service Agenc
Jmm Properties Llc -- None Available
Verrico Joseph P -- First American Title Ins Co
Verrico Joseph P $241,500 First American Title Ins Co
Garabedian Janu M -- Transnation Title Insurance
Virtue Alima -- Transnation Title Insurance
Garabedian Janu M $130,250 Transnation Title Ins Co
Ryland Homes Of Arizona Inc $79,502 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Gulam $180,000
Previous Owner Verrico Joseph P $193,200
Previous Owner Verrico Joseph P $193,200
Previous Owner Garabedian Janu M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $240,000 -3.6% $177 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $249,000 0.0% $184 / Sq Ft
10/01/2015 10/01/15 Rented $1,175 0.0% --
09/15/2015 09/15/15 Under Contract -- -- --
09/13/2015 09/13/15 Price Changed $1,175 -1.7% $1 / Sq Ft
09/05/2015 09/05/15 For Rent $1,195 0.0% --
09/04/2015 09/04/15 Under Contract -- -- --
08/31/2015 08/31/15 Price Changed $1,195 -6.3% $1 / Sq Ft
08/19/2015 08/19/15 For Rent $1,275 -1.5% --
08/19/2015 08/19/15 Off Market $1,295 -- --
07/22/2015 07/22/15 For Rent $1,350 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,705 $18,118 -- --
2024 $1,650 $17,255 -- --
2023 $1,650 $31,710 $6,340 $25,370
2022 $1,604 $23,970 $4,790 $19,180
2021 $1,652 $22,410 $4,480 $17,930
2020 $1,627 $20,680 $4,130 $16,550
2019 $1,513 $18,810 $3,760 $15,050
2018 $1,472 $17,300 $3,460 $13,840
2017 $1,425 $15,900 $3,180 $12,720
2016 $1,429 $15,300 $3,060 $12,240
2015 $1,333 $14,560 $2,910 $11,650
Source: Public Records

Agents Affiliated with this Home

  • Betsy Verrico

    Seller's Agent in 2018

    Betsy Verrico

    Home Style Realty, LLC

    (480) 540-8457

    25 Total Sales

    Betsy Verrico
    Section Image

  • M

    Buyer's Agent in 2018

    Mohammed Ghori

    West USA Realty

    (480) 570-5719

    18 Total Sales

    Mohammed Ghori
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joseph Verrico

    Home Style Realty, LLC

    (480) 403-1381

    Joseph Verrico
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Wolf

    Berkshire Hathaway HomeServices Arizona Properties

  • M

    Buyer's Agent in 2015

    Michael GRI

    Century 21 Arizona Foothills

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5743295

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-08-658

Arizona Maricopa County Gilbert 85234 Val Vista

2987 E Michelle Way, 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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