NOT LISTED FOR SALE

3662 E Rakestraw Ln Gilbert, AZ 85298

Bridges at Gilbert Neighborhood

Estimated Value: $616,000 - $637,000

4 Beds
3 Baths
2,235 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $335,000 $150 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,666/month

109 Days on Market

Highlights

  • Heated Spa
  • Granite Countertops
  • Covered Patio or Porch
  • Power Ranch Elementary School Rated A-
  • Private Yard
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2018

One owner, single level Shea home with 4 bedrooms, 2.75 bathrooms, open great room, and den. $30K in upgrades includes 20'' tile floors, 4'' base boards and professionally painted walls. Guest bedroom suite near front door with full bathroom. Kitchen has staggered cabinets, granite countertops and oversized island. Other extras include water softener, overhead storage in the garage and fire sprinklers in the 9' ceilings.
The lovely backyard paradise has artificial grass, pavers, and a less than 1 year old 6 person hot tub.
The highly sought after Bridges community offers splash pads, basketball court, and play areas. Bike or walk to new Gilbert Regional Park with 272 acres of amenities such as playground, tennis, pickle ball, splash pad, construction starting fall 2018.

Last Agent to Sell the Property

Deanne Olivas

eXp Realty License #SA544216000 Listed on: 04/20/2018

Last Buyer's Agent

Kim Drogosz

West USA Realty License #SA650082000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 2015

Lot Details

  • 5,407 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,235 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Low Emissivity Windows
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 86
  • Assessor Parcel Number 304-73-698

Community Details

Overview

  • Association fees include ground maintenance
  • Renaissance Association, Phone Number (480) 813-6788
  • Built by Shea
  • Bridges East Parcel 3 5 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 2015

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Cross Street: Higley Rd & Ocotillo
  • 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 Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: East on Ocotillo from Higley. North (left) on Soboba. Left on Ficus. right on Tatum. Left on Rakestraw.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: BRIDGES EAST PARCEL 3-5
  • Efficiency: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 213.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground, Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2235.0
  • Stories: 1
  • Window Features: Low-E
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Desert Front, Gravel/Stone Back, Synthetic Grass Back, Irrigation Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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
  • Association Fee: 213.0
  • Association Fee Frequency: Quarterly
  • Association Name: Renaissance
  • 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: Renaissance
  • Association Fees:HOA Telephone4: 4808136788
  • 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: Bridges Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5407.0
  • Parcel #: 304-73-698
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea

Tax Info

  • Tax Annual Amount: 2104.0
  • Tax Book Number: 304.00
  • Tax Lot: 86
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Cadiz Alexander and Cadiz Liza
Bought by
Cadiz Family Trust
Current Estimated Value
$624,311

Purchase Details

Listed on
Apr 20, 2018
Closed on
Aug 24, 2018
Sold by
Russell Timothy Scott
Bought by
Cadiz Alexander and Cadiz Liza
Seller's Agent
Deanne Olivas
eXp Realty
Buyer's Agent
Kim Drogosz
West USA Realty
List Price
$387,000
Sold Price
$335,000
Premium/Discount to List
-$52,000
-13.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$301,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Shea Homes Arizona Limited Partnership
Bought by
Russell Timothy Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,997
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cadiz Family Trust -- --
Cadiz Alexander $335,000 Security Title Agency
Russell Timothy Scott $280,071 First American Title Ins Co
Shea Homes Arizona Limited Partnership -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadiz Alexander $200,000
Previous Owner Cadiz Alexander $304,900
Previous Owner Cadiz Alexander $304,950
Previous Owner Cadiz Alexander $301,500
Previous Owner Russell Timothy Scott $274,997
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $335,000 -4.0% $150 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $349,000 -2.8% $156 / Sq Ft
07/30/2018 07/30/18 Price Changed $359,000 -2.7% $161 / Sq Ft
07/11/2018 07/11/18 Price Changed $369,000 -1.3% $165 / Sq Ft
06/13/2018 06/13/18 Price Changed $374,000 -1.3% $167 / Sq Ft
05/27/2018 05/27/18 Price Changed $379,000 -1.6% $170 / Sq Ft
05/09/2018 05/09/18 Price Changed $385,000 -0.5% $172 / Sq Ft
04/20/2018 04/20/18 For Sale $387,000 -- $173 / 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 $2,319 $29,430 -- --
2024 $2,329 $28,029 -- --
2023 $2,329 $47,730 $9,540 $38,190
2022 $2,227 $35,710 $7,140 $28,570
2021 $2,294 $33,030 $6,600 $26,430
2020 $2,338 $31,560 $6,310 $25,250
2019 $2,264 $27,930 $5,580 $22,350
2018 $2,182 $26,130 $5,220 $20,910
2017 $2,104 $26,210 $5,240 $20,970
2016 $704 $7,440 $7,440 $0
2015 $676 $5,904 $5,904 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Deanne Olivas

    eXp Realty

    Section Image
  • Kim Drogosz

    Buyer's Agent in 2018

    Kim Drogosz

    West USA Realty

    (206) 384-3221

    24 Total Sales

    Kim Drogosz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5754933

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-73-698

Arizona Maricopa County Gilbert 85298 Bridges at Gilbert

3662 E Rakestraw Ln, Gilbert, AZ

This home is located at 3662 E Rakestraw Ln, Gilbert, AZ 85298 since 20 April 2018 and is currently estimated at $624,311, approximately $279 per square foot. This property was built in 2015. 3662 E Rakestraw Ln is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

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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