NOT LISTED FOR SALE

3487 E Elgin St Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $735,000 - $801,000

5 Beds
3 Baths
4,345 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 21, 2019

Last sale price $420,000 $97 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,305/month

56 Days on Market

Highlights

  • RV Access or Parking
  • Covered Patio or Porch
  • Double Pane Windows
  • Chaparral Elementary School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2019

LOOKS CAN BE DECEIVING !!! You MUST see inside to see the BIG picture. AHG Home Warranty Guardian Policy in Place-See Documents EXCELLENT Condition! Full BASEMENT HOME! Fantastic Floor-plan offering 4300+SQ FT / 5 bedrooms / 3 Baths / 3 Car Garage w/ Storage RV Gate/RV Parking! Interior: Spacious kitchen area with an Island, granite counters, 42'' Cherry Wood Cabinets, New Matching SS GE Appliances w/ Walk-In Pantry! Family Room with Built-In Entertainment Center and upgraded Surround Sound! Large Master suite complete w/ separate Shower and Oval Tub, Dual Sinks and a deep Walk-In Closet! Impressive Full Basement with a Theater Room (Surround Sound), large storage room and 2 over-sized bedrooms (15x18) plus 1 full bath! Extras Include:
New Rheem Water Heater! 9FT Ceilings! 2'' Faux wood blinds upstairs
Pre-plumbed for wet bar or kitchenette downstairs!

Exterior: Professionally Landscaped with auto-watering system, grassy front and back, mature apple and peach trees, shrubs and hardscape!

Great Curb Appeal! Extended Driveway with RV Gate and RV Pad for your trailers or toys!

Situated in a TREE LINED community, Across from the Community PARK and in Proximity to Gilbert's Best Shopping, Schools, Freeway and more!!

Last Agent to Sell the Property

Mike Wallen

Great Rate Realty License #BR014217000 Listed on: 10/19/2018

Last Buyer's Agent

Mike Wallen

Great Rate Realty License #BR014217000 Listed on: 10/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,657

Year Built

  • Built in 2003

Lot Details

  • 8,050 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Tandem Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,345 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

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

Flooring

  • Carpet
  • Tile

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

  • Covered Patio or Porch

Schools

  • Chaparral Elementary School
  • Higley Traditional Academy Middle School

Utilities

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

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 309-30-051

Community Details

Overview

  • Association fees include ground maintenance
  • Highland 5 Association, Phone Number (480) 347-1900
  • Built by Highland 5
  • Highland 5 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,657

Year Built

Built in 2003

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: HIGLEY & WILLIAMSFIELD
  • 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: 70.0
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: HIGHLAND 5
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 96.66
  • Association Fees:HOA Fee2: 70.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4345.0
  • Stories: 1
  • Window Features: Dual Pane
  • 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
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Tandem Garage, RV Access/Parking, RV Gate, Garage Door Opener, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: 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

  • Community Features: Playground
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Highland 5
  • Phone: 480-347-1900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Highland 5
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8050.0
  • Parcel #: 309-30-051

Building Info

  • Builder Name: Highland 5

Tax Info

  • Tax Annual Amount: 2657.0
  • Tax Book Number: 309.00
  • Tax Lot: 51
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Feb 13, 2019
Sold by
Wallen Michael R and Wallen Jeanne
Bought by
Mccombs Jeffrey Christopher and Mccombs Lindsey R
Seller's Agent
Mike Wallen
Great Rate Realty
Buyer's Agent
Mike Wallen
Great Rate Realty
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Current Estimated Value
$766,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,019
Avg. Annual Appreciation
9.17%
Original Mortgage
$270,000
Outstanding Balance
$236,894
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$529,125

Purchase Details

Closed on
Jun 4, 2007
Sold by
Wallen Michael R
Bought by
Wallen Michael R and Wallen Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Granite Capital Homes At Alta Mesa Llc
Bought by
Wallen Michael R and Wallen Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,900
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccombs Jeffrey Christopher $420,000 Jetclosing Inc
Wallen Michael R -- Title Guaranty Agency Of Az
Wallen Michael R -- Title Guaranty Agency
Wallen Michael R $292,080 --
Granite Capital Homes At Alta Mesa Llc $176,587 --
Highland Home Construction Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccombs Jeffrey Christopher $270,000
Previous Owner Wallen Michael R $250,000
Previous Owner Wallen Michael R $232,900
Closed Wallen Michael R $43,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2019 02/21/19 Sold $420,000 -4.5% $97 / Sq Ft
02/01/2019 02/01/19 Price Changed $439,900 0.0% $101 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $439,900 -1.1% $101 / Sq Ft
10/27/2018 10/27/18 Price Changed $444,900 -1.1% $102 / Sq Ft
10/19/2018 10/19/18 For Sale $449,900 -- $104 / 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 $2,661 $35,050 -- --
2024 $2,844 $33,381 -- --
2023 $2,844 $53,610 $10,720 $42,890
2022 $2,717 $40,280 $8,050 $32,230
2021 $2,795 $37,670 $7,530 $30,140
2020 $2,841 $35,350 $7,070 $28,280
2019 $2,752 $31,530 $6,300 $25,230
2018 $2,657 $30,700 $6,140 $24,560
2017 $2,562 $30,070 $6,010 $24,060
2016 $2,534 $28,930 $5,780 $23,150
2015 $2,275 $27,670 $5,530 $22,140
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike Wallen

    Great Rate Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5835492

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-30-051

Arizona Maricopa County Gilbert 85295 Higley

3487 E Elgin St, 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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