NOT LISTED FOR SALE

Estimated Value: $947,731

5 Beds
4.5 Baths
4,588 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $505,000 $110 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,411/month

4 Days on Market

Highlights

  • Two Primary Bathrooms
  • Main Floor Primary Bedroom
  • Double Pane Windows
  • Audrey & Robert Ryan Elementary School Rated A
  • Granite Countertops
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2018

Absolutely Stunning Semi-Custom 5 bed/4.5 bath Home Located on LARGE LOT in Reids Ranch. Completely move in ready, highly upgraded. 2 x 6 framing helps save on energy bills! Brand new interior and exterior paint. Spacious Open Concept Kitchen, Granite countertops with backsplash, Stainless Steel Appliances including a Double Oven and Large Walk-In Pantry. Huge Great Room for Entertaining, surround sound system. Plantation shutter, window sill throughout. This Beautiful Home has 2 Large Master Suites (one upstairs, one downstairs) and Two lofts! Tasteful iron banister leading to the versatile, spacious loft with astounding mirrored wall. Upstairs Master w/ double door entry offers private bath w/ double sinks, soaking tile surround tub, glass shower, private toilet & oversized walk-in closet. All additional bedrooms are great sized w/ spacious mirrored closets. 10 ft. ceilings in all Bedrooms. Lots of Storage Space. Located in great location w/ award winning Top-rated Chandler schools, easy freeway access & minutes from various dining & shopping....Great house for your family, Come to see it before it is gone!

Last Agent to Sell the Property

Shaowei (Susan) Tian

Gold Trust Realty License #SA555864000 Listed on: 03/11/2018

Last Buyer's Agent

Moe Hegazy

Hegazy Realty License #BR534046000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 2007

Lot Details

  • 10,000 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,588 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Schools

  • Audrey & Robert Ryan Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Reids Ranch Association, Phone Number (480) 829-7400
  • Built by Amberwood Homes
  • Reids Ranch Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 304-76-523

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,936

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Gilbert and Chandler Heights
  • 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: 92.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2017
  • Directions: North onto Gilbert Rd. East onto E. Powell Pl, Left onto S. Dragoon Dr.,East on Lynx Pl., Home is on your right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.23
  • Subdivision Name: REIDS RANCH
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 92.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Upstairs, Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4588.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association Name: Reids Ranch
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Reids Ranch
  • Association Fees:HOA Telephone4: 4808297400
  • 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_: $

Schools

  • Elementary School: Audrey & Robert Ryan Elementary
  • High School: Perry High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 304-76-523
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Amberwood Homes

Tax Info

  • Tax Annual Amount: 3936.38
  • Tax Book Number: 304.00
  • Tax Lot: 35
  • Tax Map Number: 76.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Namani Lavanya and Kolluri Bhaskar
Bought by
Kolluri Bhaskar
Total Days on Market
4
Current Estimated Value
$947,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$426,602
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$521,129

Purchase Details

Closed on
Jun 17, 2021
Sold by
Kolluri Family Trust and Kolluri Santhosh Kumar
Bought by
Kolluri Santhosh Kumar and Kolluri Bhaskar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$426,602
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$521,129

Purchase Details

Closed on
Jun 9, 2021
Sold by
Nemani Praveena and Kolluri Santhosh Kumar
Bought by
Kolluri Santhosh Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$426,602
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$521,129

Purchase Details

Closed on
Feb 26, 2021
Sold by
Kolluri Santhosh Kumar and Kolluri Bhaskar
Bought by
Kolluri Santhosh Kumar and Nemani Praveena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2018
Closed on
Apr 16, 2018
Sold by
Peng Bo and Wang Yulan
Bought by
Kolluri Santhosh and Kolluri Bhaskar
Seller's Agent
Shaowei (Susan) Tian
Gold Trust Realty
Buyer's Agent
Moe Hegazy
Hegazy Realty
List Price
$529,950
Sold Price
$505,000
Premium/Discount to List
-$24,950
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$404,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2018
Closed on
Apr 13, 2018
Sold by
Namani Lavanya
Bought by
Kollui Bhaskar
Seller's Agent
Shaowei (Susan) Tian
Gold Trust Realty
Buyer's Agent
Moe Hegazy
Hegazy Realty
List Price
$529,950
Sold Price
$505,000
Premium/Discount to List
-$24,950
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2008
Sold by
Reids Ranch Development Llc
Bought by
Peng Bo and Wang Yulan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.09%
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
Kolluri Bhaskar -- Landmark Ttl Assurance Agcy
Kolluri Santhosh Kumar -- Landmark Title
Kolluri Santhosh Kumar -- Landmark Ttl Assurance Agcy
Kolluri Santhosh Kumar -- None Available
Kolluri Santhosh $505,000 Pioneer Title Agency Inc
Kollui Bhaskar -- Pioneer Title Agency Inc
Kolluri Santhosh -- Pioneer Title Agency Inc
Peng Bo $520,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolluri Bhaskar $544,000
Previous Owner Kolluri Santhosh $388,000
Previous Owner Kolluri Santhosh Kumar $386,722
Previous Owner Kolluri Santhosh $399,000
Previous Owner Kolluri Santhosh $404,000
Previous Owner Wang Yulan $340,000
Previous Owner Peng Bo $394,250
Previous Owner Peng Bo $410,000
Previous Owner Peng Bo $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $505,000 -4.7% $110 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $529,950 -- $116 / 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 $4,577 $55,767 -- --
2024 $4,479 $53,112 -- --
2023 $4,479 $64,060 $12,810 $51,250
2022 $4,320 $48,710 $9,740 $38,970
2021 $4,448 $45,880 $9,170 $36,710
2020 $4,427 $43,770 $8,750 $35,020
2019 $4,335 $42,400 $8,480 $33,920
2018 $4,226 $40,920 $8,180 $32,740
2017 $3,936 $40,470 $8,090 $32,380
2016 $3,763 $40,500 $8,100 $32,400
2015 $3,598 $39,830 $7,960 $31,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5735349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-76-523