$975,000
SOLD MAY 23, 2025
5 Beds
7 Baths
4,924 Sq Ft
0.28 Acres

Recently Sold

$198 Per Sq Ft

11% Below List Price

67 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Contemporary Architecture
  • Carol Rae Ranch Elementary Rated A-
  • 0.28 Acre Lot
  • Vaulted Ceiling

About This Home

As of May 2025

Welcome to this exquisite basement home in Gilbert Arizona. Meticulously designed to offer an abundance of space, comfort, and entertainment options! This home provides you with 5 bedrooms, 4 full baths, and 3 1/2 baths, 3-car garage, an RV gate, pool, 12k+ size lot in a cul-de-sac, and plenty of modern designs throughout the home. Be greeted by an inviting dining & living area w/high ceilings, gleaming hardwood flooring, pristine tile, graceful archways, and dazzling light fixtures. Continue into the carpeted family room, offering crown moulding and a fireplace to keep you warm during the winter months. The kitchen features ample cabinetry, granite countertops, SS appliances such as dual wall ovens, mosaic tile backsplash, a pantry, and an island w/a breakfast bar. The main level also has a full jack & jill bath, a 1/2 bath in the hallway, & a 3/4 bath in the guest room. When you go upstairs you get a spacious loft and a 1/2 bath, & 1 bedroom that offers a 3/4 bath. ((One of the most unique features is the large basement that comes with your own media/theater room, and a wet bar and a 1/2 bath. Hard to find a basement home these days! Finally, the fabulous backyard showcases a covered patio, free standing BBQ, and a sparkling diving pool! Lots of green belts and the park is across the way. This is a prime location in the heart of Gilbert

Last Agent to Sell the Property

David Barney

Fathom Realty License #SA653626000 Listed on: 02/06/2025

Fathom Realty

Co-Listed By

Myrna Dallas

Fathom Realty License #SA701265000

Last Buyer's Agent

Jon Cooper

Cooper Premier Properties LLC License #BR585120000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 2004

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,924 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 309-26-003

Community Details

Overview

  • Association fees include ground maintenance
  • Melody Ranch Association, Phone Number (480) 347-1900
  • Dave Brown 172Nd Street And Guadalupe Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 2004

Lot Details

0

HOA Fees

$69 per month

Parking

3

Listing Details

  • Cross Street: Higley & Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.75
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2024
  • Directions: Head east on Guadalupe Rd, Turn left onto Kennith Ln, Turn left onto Princeton Ct. Property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.28
  • Co List Office Mls Id: frph01
  • Co List Office Phone: 877-661-1977
  • Subdivision Name: DAVE BROWN 172ND STREET AND GUADALUPE
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 68.75
  • 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
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4924.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Full: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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, Biking/Walking Path
  • Association Fee: 68.75
  • Association Fee Frequency: Monthly
  • Association Name: Melody Ranch
  • Phone: 480-347-1900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Melody Ranch
  • Association Fees:HOA Telephone4: 480-347-1900
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12100.0
  • Parcel #: 309-26-003

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4253.0
  • Tax Book Number: 309.00
  • Tax Lot: 3
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
May 23, 2025
Sold by
Damon B Stephens And Lisa L Stephens Tru and Stephens Damon B
Bought by
Wright Rebecca J
Seller's Agent
David Barney
Fathom Realty
Buyer's Agent
Jon Cooper
Cooper Premier Properties LLC
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Views
53
Current Estimated Value
$989,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,567
Avg. Annual Appreciation
17.75%
Original Mortgage
$780,000
Outstanding Balance
$780,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$254,069

Purchase Details

Closed on
Apr 8, 2022
Sold by
Stephens and Lisa
Bought by
Damon B Stephens And Lisa L Stephens Trust

Purchase Details

Closed on
Sep 1, 2021
Sold by
Stephens Damon B and Stephens Lisa L
Bought by
Stephens Damon B and Stephens Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2017
Sold by
Stephens Damon B and Stephens Lisa L
Bought by
D & L Companies Llc

Purchase Details

Closed on
Aug 18, 2014
Sold by
Stephens Damon and Stephens Lisa
Bought by
Damon B Stephens & Lisa L Stephens Trust

Purchase Details

Closed on
May 10, 2013
Sold by
Stephens Damon B and Stephens Lisa L
Bought by
Shilly Mounir

Purchase Details

Closed on
Nov 13, 2012
Sold by
Stephens Damon B and Stephens Lisa L
Bought by
Stephens Damon B and Stephens Lisa L

Purchase Details

Closed on
Dec 16, 2010
Sold by
Johnson L Gerard and Johnson Marilyn B
Bought by
Stephens Damon and Stephens Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Winston Casas Llc
Bought by
Johnson L Gerard and Johnson Marilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,200
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Summerset Marketing Enterprises Inc
Bought by
Winston Casas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,200
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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 Type Sale Price Title Company
Warranty Deed $975,000 Az Title Agency
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Amrock Inc
Interfamily Deed Transfer -- Amrock Inc
Warranty Deed -- Magnus Title Agency
Interfamily Deed Transfer -- None Available
Trustee Deed $259,500 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $395,000 Equity Title Agency Inc
Special Warranty Deed $531,553 First American Title Ins Co
Special Warranty Deed $1,135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $281,600 New Conventional
Previous Owner $355,500 New Conventional
Previous Owner $425,200 New Conventional
Previous Owner $9,674,830 Seller Take Back
Closed $79,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $975,000 -7.1% $198 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $1,050,000 -4.5% $213 / Sq Ft
02/06/2025 02/06/25 For Sale $1,100,000 -- $223 / 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 $4,253 $53,920 -- --
2024 $4,272 $51,353 -- --
2023 $4,272 $67,350 $13,470 $53,880
2022 $4,135 $52,800 $10,560 $42,240
2021 $4,287 $52,780 $10,550 $42,230
2020 $4,211 $49,830 $9,960 $39,870
2019 $3,873 $47,720 $9,540 $38,180
2018 $3,752 $47,110 $9,420 $37,690
2017 $3,614 $47,010 $9,400 $37,610
2016 $3,630 $45,820 $9,160 $36,660
2015 $3,342 $43,450 $8,690 $34,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6814472

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-26-003