NOT LISTED FOR SALE

Estimated Value: $1,681,000 - $2,072,372

4 Beds
3.5 Baths
4,957 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 30, 2019

Last sale price $981,006 $198 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,099/month

Highlights

  • 0.39 Acre Lot
  • Home Energy Rating Service (HERS) Rated Property
  • Private Yard
  • San Tan Elementary School Rated A
  • Corner Lot
  • Tennis Courts

About This Home

As of March 2019

Located in Gilbert's Newest Master Planned, Gated Community - Somerset at Belmont. Two Story 4,957 Sq. Ft., 4 bedrooms, office, bonus and flex room, 3.5 baths, 3 car garage. Cul-de-sac lot near community lake on large homesite. 12' ceilings in open great room, kitchen & dining room. Kitchen has large island, walk-in pantry. Wolf 48'' Gas range and Hood with 11'' infrared griddle, 6 burners & dual ovens. Sub-Zero Refrigerator. 42'' Henning smoke color shaker style maple cabinets with 18'' stacked cabinets and crown included. Kohler fixtures. Master bath has tub & walk-in shower, dual sinks and dual master closets. Large interior courtyard/covered patio. Rinnai Tankless water heater, Soft water loop, Spray Foam insulation, Anderson Low-E windows, LED lighting.

Last Agent to Sell the Property

Eric Scott Holland

Risewell Homes License #BR522373000 Listed on: 03/30/2019

Co-Listed By

James Patterson

William Ryan Realty, Inc License #BR582366000

Last Buyer's Agent

Eric Holland

Pebblecreek Properties Limited License #BR522373000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.39 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Private Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking

Home Design

  • Designed by Bassenian/Lagoni Architects
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,957 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy Monitoring System
  • ENERGY STAR Qualified Equipment for Heating
  • Mechanical Fresh Air

Schools

  • San Tan Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • Roll-in Shower
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5
  • Assessor Parcel Number 313-23-220

Community Details

Overview

  • Association fees include ground maintenance
  • Somerset Homeowners Association, Phone Number (602) 437-4777
  • Built by The New Home Company
  • Somerset Phase 1 Subdivision, Plan 2B Farmhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$195 per month

Parking

3

Listing Details

  • Cross Street: E. of Greenfield S. of Pecos
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Bassenian/Lagoni
  • Association Fees Community Facilities District: Y
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 195.0
  • Cooling HVAC SEER Rating: 14
  • Energy Green Feature H E R S Rating: Y
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2019
  • Master Model: Plan 2B Farmhouse
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Co List Office Mls Id: tnhc001
  • Co List Office Phone: 480-634-6385
  • Subdivision Name: SOMERSET PHASE 1
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Multi-Zones, Energy Audit, Fresh Air Mechanical
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 197.9
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Gas Oven, Gas Range
  • Accessibility Features: Bath Roll-In Shower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, 9+ Flat Ceilings, Other, See Remarks
  • Living Area: 4957.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Corner Lot, Dirt Front, Dirt Back, None
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req, Special Asmnt Dist
  • Home Warranty: Yes
  • Common Walls: All on One Level
  • Construction Type: Wood Frame, Other, Spray Foam Insulation, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Side Vehicle Entry, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat, ENERGY STAR Qualified Equipment
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Laundry Features: Engy Star (See Rmks), Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Gated, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Homeowners
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2: 390.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: San Tan Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16793.0
  • Parcel #: 313-23-220

Green Features

  • Green Water Conservation: Recirculation Pump, Tankless Ht Wtr Heat

Building Info

  • Builder Name: The New Home Company

Tax Info

  • Tax Annual Amount: 7700.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2019
Closed on
Feb 8, 2019
Sold by
Tnhc Arizona Marketing Llc
Bought by
Balmforth Casey and Balmforth Amy
Seller's Agent
Eric Scott Holland
Risewell Homes
Buyer's Agent
Eric Holland
Pebblecreek Properties Limited
List Price
$9,981,006
Sold Price
$981,006
Premium/Discount to List
-$9,000,000
-90.17%
Current Estimated Value
$1,819,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,087
Avg. Annual Appreciation
9.46%
Original Mortgage
$481,006
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balmforth Casey $981,006 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balmforth Casey $481,006
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2019 03/30/19 Sold $981,006 -90.2% $198 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $9,981,006 -- $2,014 / Sq Ft
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 $5,497 $67,853 -- --
2024 $5,833 $64,622 -- --
2023 $5,833 $137,650 $27,530 $110,120
2022 $5,584 $101,700 $20,340 $81,360
2021 $5,655 $96,700 $19,340 $77,360
2020 $5,720 $74,880 $14,970 $59,910
2019 $2,061 $27,315 $27,315 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5903928

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-220