NOT LISTED FOR SALE

3914 E Sourwood Dr Gilbert, AZ 85298

Bridges at Gilbert Neighborhood

Estimated Value: $525,000 - $547,025

5 Beds
3 Baths
1,940 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $555,000 $286 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,110/month

70 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Power Ranch Elementary School Rated A-
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of August 2024

Great opportunity to purchase a single level home in the Bridges community. This spacious home comes with 5 bedrooms and 3 bathrooms. This layout spaces the bedrooms throughout the house in a way that can fit many needs whether you need extra bedroom, guest room, office space, hobby room, etc. The
home features an open floor plan from the kitchen to the living room as you enter the home. The home is North/South facing and the backyard is complete with pavers, turf and desert landscape. Great area to relax early morning or in the evening without all the extra work. Seller is open to providing seller concessions for buyer to buydown rate.

Last Agent to Sell the Property

Kelley Kemmis

American Allstar Realty License #SA664502000 Listed on: 05/03/2024

Last Buyer's Agent

Michelle Nelson

ProSmart Realty License #SA639417000

ProSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2016

Lot Details

  • 5,175 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2024
  • Water Softener

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 304-73-540

Community Details

Overview

  • Association fees include ground maintenance
  • Bridges At Gilbert Association, Phone Number (480) 921-7500
  • Built by Lennar
  • Bridges East Parcel 3 3 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 2016

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Cross Street: Higley & Ocotillo
  • 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: 120.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: BRIDGES EAST PARCEL 3-3
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 286.08
  • Association Fees:HOA Fee2: 360.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1940.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 360.0
  • Association Fee Frequency: Quarterly
  • Association Name: Bridges at Gilbert
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Bridges at Gilbert
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 5175.0
  • Parcel #: 304-73-540

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 1956.0
  • Tax Book Number: 304.00
  • Tax Lot: 48
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 8, 2024
Sold by
John A & Marta M Walter Revocable Trust and Walter Marta
Bought by
Apel Family Trust and Apel
Seller's Agent
Kelley Kemmis
American Allstar Realty
Buyer's Agent
Michelle Nelson
ProSmart Realty
List Price
$600,000
Sold Price
$555,000
Premium/Discount to List
-$45,000
-7.5%
Views
22
Current Estimated Value
$536,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,494
Avg. Annual Appreciation
-2.37%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Walter Marta M and Walter John A
Bought by
Walter John A and Walter Marta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 8, 2016
Sold by
Lennar Arizona Inc
Bought by
John A Walter & Marta M Walter Revocable
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Janice Lawrence
RE/MAX Alliance Group
List Price
$297,990
Sold Price
$299,000
Premium/Discount to List
$1,010
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$99,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Apel Family Trust $555,000 First American Title
Walter John A -- Old Republic Title Agency
Walter Marta M -- Old Republic Title Agency
John A Walter & Marta M Walter Revocable $299,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter Marta M $126,200
Previous Owner John A Walter & Marta M Walter Revocable $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $555,000 -2.3% $286 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $568,000 -1.2% $293 / Sq Ft
06/15/2024 06/15/24 Price Changed $575,000 -0.9% $296 / Sq Ft
05/31/2024 05/31/24 Price Changed $580,000 -1.7% $299 / Sq Ft
05/16/2024 05/16/24 Price Changed $590,000 -0.8% $304 / Sq Ft
05/03/2024 05/03/24 Price Changed $595,000 -0.8% $307 / Sq Ft
05/03/2024 05/03/24 For Sale $600,000 +100.7% $309 / Sq Ft
06/28/2016 06/28/16 Sold $299,000 -1.5% $154 / Sq Ft View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $303,490 +0.5% $157 / Sq Ft
05/25/2016 05/25/16 Price Changed $301,990 +0.7% $156 / Sq Ft
04/28/2016 04/28/16 Price Changed $299,990 +0.7% $155 / Sq Ft
04/18/2016 04/18/16 For Sale $297,990 -- $154 / 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 $2,210 $24,759 -- --
2024 $1,956 $23,580 -- --
2023 $1,956 $41,870 $8,370 $33,500
2022 $1,869 $30,880 $6,170 $24,710
2021 $1,918 $28,200 $5,640 $22,560
2020 $1,959 $26,980 $5,390 $21,590
2019 $1,898 $24,480 $4,890 $19,590
2018 $1,832 $22,980 $4,590 $18,390
2017 $1,772 $22,050 $4,410 $17,640
2016 $680 $7,170 $7,170 $0
2015 $667 $5,696 $5,696 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Kemmis

    Seller's Agent in 2024

    Kelley Kemmis

    American Allstar Realty

    (480) 751-5300

    4 in this area

    78 Total Sales

    Kelley Kemmis
    Section Image

  • M

    Buyer's Agent in 2024

    Michelle Nelson

    ProSmart Realty

    (602) 799-4441

    2 in this area

    51 Total Sales

    Michelle Nelson
    Section Image

  • D

    Seller's Agent in 2016

    Dawn Faraci

    Lennar Sales Corp

  • Janice Lawrence

    Buyer's Agent in 2016

    Janice Lawrence

    RE/MAX

    (602) 708-2595

    89 Total Sales

    Janice Lawrence
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6689968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-73-540

Arizona Maricopa County Gilbert 85298 Bridges at Gilbert

3914 E Sourwood Dr, 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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