NOT LISTED FOR SALE

Estimated Value: $715,000 - $863,129

5 Beds
3 Baths
4,109 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $363,500 $88 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,665/month

52 Days on Market

Highlights

  • Private Pool
  • 0.34 Acre Lot
  • Covered patio or porch
  • Gateway Pointe Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Car Direct Access Garage

About This Home

As of July 2017

Beautiful home in great Gilbert location! Warm wall tones and neutral flooring throughout. Kitchen is complete with center island, a plethora of cabinets, and stainless steel appliances. HUGE loft and laundry room upstairs! Master suite retreat has plush carpet with ceiling fan and picture windows. Full spa bathroom with dual sink vanity and separate shower and tub. Spacious walk in closet! Oversized backyard features a covered patio with lush green grass, a sparkling pool, firepit, and desert landscaping. This home is sure to go quick, so come see it today!

Last Agent to Sell the Property

Michael Kent

RE/MAX Solutions License #SA550891000 Listed on: 04/26/2017

RE/MAX Solutions

Last Buyer's Agent

Amy Mihailov

Jonna Baker & Associates Realty License #BR008243000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,109 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace

Kitchen

  • Built-In Microwave
  • Kitchen Island

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

  • Private Pool
  • Covered patio or porch
  • Fire Pit

Schools

  • Gateway Elementary School
  • Highland Jr High Middle School
  • Williams Field High School

Utilities

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

Community Details

  • Association fees include ground maintenance, street maintenance
  • Brown Prop Mgmt Association, Phone Number (480) 539-1396
  • Built by KB HOMES
  • Ray Ranch Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 304-28-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,216

Year Built

Built in 2003

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Cross Street: Ray & Higley
  • 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: 62.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2016
  • Directions: East on Ray, Left on Tatum, Right on Betsy, home is on the Left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.34
  • Subdivision Name: RAY RANCH UNIT 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 62.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Upstairs, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4109.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Firepit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • 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: 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
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 62.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown Prop Mgmt
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Prop Mgmt
  • Association Fees:HOA Telephone4: 480-539-1396
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Gateway School
  • High School: Williams Field High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14791.0
  • Parcel #: 304-28-035
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Annual Amount: 3216.0
  • Tax Book Number: 304.00
  • Tax Lot: 18
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Land Derrick D and Land Heather R
Bought by
Land Derrick D and Land Heather R
Total Days on Market
52
Current Estimated Value
$780,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$253,491
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$527,291

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jul 5, 2017
Sold by
Burger Michael R and Burger Michael R
Bought by
Land Derrick D and Lewis Heather R
Seller's Agent
Michael Kent
RE/MAX Solutions
Buyer's Agent
Amy Mihailov
Jonna Baker & Associates Realty
List Price
$399,900
Sold Price
$363,500
Premium/Discount to List
-$36,400
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$250,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2003
Sold by
Kb Home Sales Phoenix Inc
Bought by
Burger Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,950
Interest Rate
5.54%
Mortgage Type
New Conventional
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
Land Derrick D -- American Title Svc Agcy Llc
Land Derrick D $363,500 American Title Service Agenc
Burger Michael R -- American Title Service Agenc
Burger Michael R $268,408 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Burger Michael R $268,408 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Land Derrick D $285,000
Closed Land Derrick D $250,000
Previous Owner Burger Michael R $155,000
Previous Owner Burger Michael R $96,000
Previous Owner Burger Michael R $246,400
Previous Owner Burger Michael R $30,700
Previous Owner Burger Michael R $254,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $363,500 -4.3% $88 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
05/13/2017 05/13/17 Price Changed $380,000 -5.0% $92 / Sq Ft
04/26/2017 04/26/17 For Sale $399,900 0.0% $97 / Sq Ft
03/14/2016 03/14/16 Rented $2,100 0.0% --
11/28/2015 11/28/15 Price Changed $2,100 -8.7% $1 / Sq Ft
10/27/2015 10/27/15 For Rent $2,300 +7.2% --
04/14/2015 04/14/15 Rented $2,145 -6.7% --
03/20/2015 03/20/15 Under Contract -- -- --
10/22/2014 10/22/14 For Rent $2,300 0.0% --
05/18/2013 05/18/13 Rented $2,300 0.0% --
05/18/2013 05/18/13 Under Contract -- -- --
04/05/2013 04/05/13 For Rent $2,300 +9.5% --
03/01/2012 03/01/12 Rented $2,100 -8.7% --
02/02/2012 02/02/12 Under Contract -- -- --
01/05/2012 01/05/12 For Rent $2,300 -- --
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 $2,644 $37,496 -- --
2024 $3,003 $35,710 -- --
2023 $3,003 $55,760 $11,150 $44,610
2022 $2,874 $43,050 $8,610 $34,440
2021 $2,947 $38,210 $7,640 $30,570
2020 $3,003 $37,330 $7,460 $29,870
2019 $2,910 $34,070 $6,810 $27,260
2018 $2,800 $31,770 $6,350 $25,420
2017 $3,184 $30,630 $6,120 $24,510
2016 $3,216 $30,200 $6,040 $24,160
2015 $2,824 $29,820 $5,960 $23,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5595952

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-035