NOT LISTED FOR SALE

Estimated Value: $787,000 - $1,125,000

6 Beds
4.5 Baths
4,147 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $625,000 $151 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,307/month

88 Days on Market

Highlights

  • Heated Spa
  • Wood Flooring
  • Covered patio or porch
  • Power Ranch Elementary School Rated A-
  • Granite Countertops
  • 3 Car Direct Access Garage

About This Home

As of October 2018

Spectacular executive home in the highly sought after community of The Bridges in Gilbert, one the premier master planned communities in the East Valley. The popular Terassa model features 4000+ sq ft plus 6 bedrooms & 4.5 baths. An elegant curved staircase graces the foyer opposite the formal dining room. There is beautiful wood flooring throughout the main areas of the downstairs with tile in the kitchen. The massive great room provides plenty of space for relaxing with friends and family. The kitchen is sure to delight with its upgraded cabinets, large island with breakfast bar, granite countertops with tile backsplash, wall oven & microwave, separate gas cook top with stainless hood, breakfast nook and walk-in pantry. There is a bedroom & full bath downstairs that is perfect for guests or a live-in family member. Upstairs you will find a bonus room perfect for a play room, game room, or media room. The large split master suite boasts double vanities, a separate large walk-in shower deep soaking tub, private toilet room and walk-in closet. There are 4 more bedrooms and two more baths on this level as well as a convenient upstairs laundry. The nearly quarter acre lot offers a large southeast facing back yard with plenty of room for relaxing and entertaining with its extended covered patio and pavers, gas fire pit, refreshing pool & spa, and outdoor kitchen with built in barbecue. Located in a wonderful Gilbert community with its parks, splash pads and lakes and across from the highly anticipated 272 acre Gilbert Regional Park soon to be built. With all that it has to offer, this home has everything needed for comfortable and gracious living.

Last Agent to Sell the Property

Gina Donnelly

ProSmart Realty License #BR536005000 Listed on: 06/28/2018

ProSmart Realty

Last Buyer's Agent

Mary Newton

Keller Williams Integrity First License #SA583867000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 2015

Lot Details

  • 10,145 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,147 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Bridges Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 304-71-701

Community Details

Overview

  • Association fees include ground maintenance
  • Renaissance Mgmt Association, Phone Number (480) 813-6788
  • Built by Gehan Homes
  • Bridges At Gilbert Phase 1 Parcel 4 Subdivision, Terassa Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 2015

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Cross Street: Higley & Queen Creek
  • 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: 71.0
  • Basement: N
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: South on Higley, East on Bridges Blvd, Right on Arroyo, Right on Cassia to home on left.
  • Master Model: Terassa
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: BRIDGES AT GILBERT PHASE 1 PARCEL 4
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 213.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 4147.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E, Vinyl Frame
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 213.0
  • Association Fee Frequency: Quarterly
  • Association Name: Bridges HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Bridges HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 213.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Renaissance Mgmt
  • Association Fees:HOA Management Phone: 480-813-6788
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Bridges Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10145.0
  • Parcel #: 304-71-701
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Gehan Homes

Tax Info

  • Tax Annual Amount: 2497.0
  • Tax Book Number: 304.00
  • Tax Lot: 43
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Oct 15, 2018
Sold by
Folkman Molli L
Bought by
Folkman Daren
Seller's Agent
Gina Donnelly
ProSmart Realty
Buyer's Agent
Mary Newton
Keller Williams Integrity First
List Price
$670,000
Sold Price
$625,000
Premium/Discount to List
-$45,000
-6.72%
Total Days on Market
88
Current Estimated Value
$943,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,364
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jul 6, 2018
Sold by
Adometto Garcia Debra Lynn and Garcia Salvador
Bought by
Folkman Daren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Gehan Homes Of Arizona Llc
Bought by
Adornetto Garcia Debra Lynn and Garcia Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,411
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Redus Arizona Llc
Bought by
Jenarizona 10 Llc
Source: Public Records

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Range of Values:

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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
Folkman Daren -- Stewart Title & Trust Of Pho
Folkman Daren $625,000 Stewart Title & Trust Of Pho
Adornetto Garcia Debra Lynn $478,411 First American Title Ins Co
Jenarizona 10 Llc $6,804,000 Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Folkman Daren $375,000
Previous Owner Adornetto Garcia Debra Lynn $326,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $625,000 -3.8% $151 / Sq Ft
08/27/2018 08/27/18 Price Changed $649,900 +0.1% $157 / Sq Ft
08/24/2018 08/24/18 Price Changed $649,000 -3.1% $156 / Sq Ft
06/28/2018 06/28/18 For Sale $670,000 -- $162 / 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 $2,754 $34,824 -- --
2024 $2,765 $33,165 -- --
2023 $2,765 $59,660 $11,930 $47,730
2022 $2,642 $45,570 $9,110 $36,460
2021 $2,721 $43,780 $8,750 $35,030
2020 $2,774 $40,410 $8,080 $32,330
2019 $2,685 $36,330 $7,260 $29,070
2018 $2,589 $34,530 $6,900 $27,630
2017 $2,497 $31,820 $6,360 $25,460
2016 $2,540 $29,930 $5,980 $23,950
2015 $375 $9,760 $9,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5786781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-71-701