NOT LISTED FOR SALE

3496 E Michelle Way Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $549,669 - $596,000

4 Beds
2.5 Baths
2,623 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $241,000 $92 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,219/month

79 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Carol Rae Ranch Elementary Rated A-
  • 2 Car Direct Access Garage
  • 1-minute walk to Cameron Ranch Park

About This Home

As of March 2015

Situated on a Premium N/S Corner Lot Across from Community Park Featuring 4 Bedrooms + Loft with Separate Living, Family, & Formal Dining Rooms, 2'' Blinds, Eat-In Kitchen with Breakfast Bar, Pantry, Oak Cabinets, Double Ovens & Gas Cooktop, Soft Water Loop, Inside Laundry, Separate Shower/Tub, Dual Sinks, and Large Walk-In Closet in Master Bath, Oversized Secondary Bedrooms with Walk-In Closets, Covered Patio with Fan Pre-Wire, Citrus Trees, Garage Service Door

Last Agent to Sell the Property

Kenny Klaus

Keller Williams Integrity First License #SA515503000 Listed on: 10/22/2014

Co-Listed By

Susanne Lynch

HomeSmart Lifestyles License #SA547493000

Last Buyer's Agent

Christy Crouse

RE/MAX Fine Properties License #SA566516000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 313-11-211

Community Details

Overview

  • Association fees include ground maintenance
  • City Association, Phone Number (602) 437-4777
  • Built by KB Homes
  • Cameron Ranch Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Built

Built in 2007

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Cross Street: Higley & Baseline
  • 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: 56.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: kwif10
  • Co List Office Phone: 480-354-7344
  • Subdivision Name: Cameron Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 91.88
  • Association Fees:HOA Fee2: 56.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2623.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

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

  • Community Features: Playground
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 56.0
  • Association Fee Frequency: Monthly
  • Association Name: City
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 168.0
  • 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: Pioneer Elementary School - Gilbert
  • High School: Highland Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 313-11-211
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1581.0
  • Tax Book Number: 313.00
  • Tax Lot: 154
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 16, 2015
Sold by
Puthenveedu Thomas M and Thomas Mary Kutty
Bought by
Lin Mingfu
Seller's Agent
Kenny Klaus
Keller Williams Integrity First
Buyer's Agent
Christy Crouse
RE/MAX Fine Properties
List Price
$270,000
Sold Price
$241,000
Premium/Discount to List
-$29,000
-10.74%
Current Estimated Value
$571,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,167
Avg. Annual Appreciation
8.31%
Original Mortgage
$192,800
Outstanding Balance
$146,898
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$424,269

Purchase Details

Closed on
Aug 10, 2007
Sold by
Kb Home Sales Phoenix Inc
Bought by
Puthenveedu Thomas M and Thomas Mary Kutty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2007
Sold by
Lo Land Assets Lp
Bought by
Kb Home Phoenix Inc
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
Lin Mingfu $241,000 Fidelity National Title
Puthenveedu Thomas M $325,925 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Kb Home Phoenix Inc $936,886 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Mingfu $192,800
Previous Owner Puthenveedu Thomas M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $241,000 +2.1% $92 / Sq Ft
01/09/2015 01/09/15 Price Changed $236,000 +2.6% $90 / Sq Ft
01/05/2015 01/05/15 Price Changed $230,000 -2.1% $88 / Sq Ft
12/29/2014 12/29/14 Price Changed $235,000 -2.1% $90 / Sq Ft
12/22/2014 12/22/14 Price Changed $240,000 -2.0% $91 / Sq Ft
12/15/2014 12/15/14 Price Changed $245,000 -2.0% $93 / Sq Ft
12/08/2014 12/08/14 Price Changed $250,000 -2.0% $95 / Sq Ft
12/01/2014 12/01/14 Price Changed $255,000 -1.9% $97 / Sq Ft
11/24/2014 11/24/14 Price Changed $260,000 -1.9% $99 / Sq Ft
11/11/2014 11/11/14 Price Changed $265,000 -1.9% $101 / Sq Ft
10/22/2014 10/22/14 For Sale $270,000 -- $103 / 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 $2,152 $27,995 -- --
2024 $2,087 $26,662 -- --
2023 $2,087 $38,480 $7,690 $30,790
2022 $2,023 $28,850 $5,770 $23,080
2021 $2,132 $27,960 $5,590 $22,370
2020 $2,098 $26,010 $5,200 $20,810
2019 $1,930 $24,170 $4,830 $19,340
2018 $1,871 $23,010 $4,600 $18,410
2017 $1,807 $22,330 $4,460 $17,870
2016 $1,838 $21,720 $4,340 $17,380
2015 $1,703 $21,400 $4,280 $17,120
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kenny Klaus

    Keller Williams Integrity First

  • Susanne Lynch

    Seller Co-Listing Agent in 2015

    Susanne Lynch

    HomeSmart Lifestyles

    (480) 231-8429

    52 Total Sales

    Susanne Lynch
    Section Image
  • Christy Crouse

    Buyer's Agent in 2015

    Christy Crouse

    RE/MAX

    (480) 332-5925

    2 in this area

    102 Total Sales

    Christy Crouse
    Section Image

  • C

    Buyer's Agent in 2015

    Chun Crouse

    US Preferred Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5189058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-11-211

Arizona Maricopa County Gilbert 85234 Val Vista

3496 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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