NOT LISTED FOR SALE

Estimated Value: $627,524 - $652,000

4 Beds
3 Baths
2,466 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $628,000 $255 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,599/month

25 Days on Market

Highlights

  • Play Pool
  • Solar Power System
  • Vaulted Ceiling
  • Carol Rae Ranch Elementary Rated A-
  • 0.22 Acre Lot
  • 5-minute walk to Carol Rae Park

About This Home

As of April 2024

Gilbert beauty with all the bells and whistles! This well-appointed home on a PREMIUM 9,631 square foot lot, features vaulted ceilings, a private pool, 4 large bedrooms with walk-in closets, 3 bathrooms, plus a first-floor office (or 5th bedroom). In addition a chef's kitchen with all appliances, a private spacious resort-style backyard, and a 3-car garage. Some recent upgrades include a freshly painted exterior (2024), new pool pump (2023), new a/c unit (2023), new roof (2023), and lighting fixtures (2023) in addition to other upgrades.

Last Agent to Sell the Property

Kyle Hermann

RE/MAX Fine Properties Brokerage Email: kyle@azluxuryparnters.com License #BR665419000 Listed on: 02/14/2024

RE/MAX Fine Properties

Co-Listed By

Cheryl Solano

RE/MAX Fine Properties Brokerage Email: kyle@azluxuryparnters.com License #SA541911000

Last Buyer's Agent

Nicole Aldaz

HomeSmart License #SA682922000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1996

Lot Details

  • 9,631 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 465
  • Assessor Parcel Number 304-07-507

Community Details

Overview

  • Association fees include ground maintenance
  • Brown Community Mgmt Association, Phone Number (480) 339-8820
  • Built by CONTINENTAL HOMES
  • Carol Rae Ranch Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 1996

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Cross Street: Higley & Baseline
  • 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: 48.33
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: CAROL RAE RANCH
  • Architectural Style: Other
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 254.66
  • Association Fees:HOA Fee2: 145.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2466.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • 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
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: 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: 145.0
  • Association Fee Frequency: Quarterly
  • Association Name: Coral Rae Ranch
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Coral Rae Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 145.0
  • Association Fees:Disclosure Fees HOA: 215.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Community Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 9631.0
  • Parcel #: 304-07-507

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 2286.0
  • Tax Book Number: 304.00
  • Tax Lot: 465
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 25, 2024
Sold by
Demars William G and Landen Christine N
Bought by
Smith Stephen Daniel and Smith Vanessa Balderas
Seller's Agent
Kyle Hermann
RE/MAX Fine Properties
Buyer's Agent
Nicole Aldaz
HomeSmart
List Price
$665,000
Sold Price
$628,000
Premium/Discount to List
-$37,000
-5.56%
Views
97
Current Estimated Value
$640,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,131
Avg. Annual Appreciation
1.15%
Original Mortgage
$596,600
Outstanding Balance
$588,009
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$52,122

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 15, 2023
Sold by
Garcia Angel Ismael and Garcia Sara
Bought by
Demars William G and Landen Christine N
Seller's Agent
Glenn Michaels
Barrett Real Estate
Buyer's Agent
Kyle Hermann
RE/MAX Fine Properties
List Price
$619,900
Sold Price
$575,000
Premium/Discount to List
-$44,900
-7.24%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$539,397
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 27, 2019
Sold by
High Yield Properties Llc
Bought by
Garcia Angel I and Garcia Sara
Seller's Agent
Tyler Whitmore
O48 Realty
Buyer's Agent
Tara Keator
Real Broker
List Price
$375,000
Sold Price
$374,900
Premium/Discount to List
-$100
-0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$281,175
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jan 28, 2019
Sold by
Fessler Scott and Fessler Samantha
Bought by
High Yield Properties Llc
Seller's Agent
Tyler Whitmore
O48 Realty
Buyer's Agent
Tara Keator
Real Broker
List Price
$375,000
Sold Price
$374,900
Premium/Discount to List
-$100
-0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,175
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 5, 2012
Sold by
Marks Steven M and Marks Pamela S
Bought by
Fessler Scott S and Fessler Samantha R
Seller's Agent
Doug Hill
Coldwell Banker Realty
Buyer's Agent
Kathy Reardon
Coldwell Banker Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$255,000
Interest Rate
3.36%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 1996
Sold by
Continental Homes Inc
Bought by
Marks Steven M and Marks Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,450
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1995
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Smith Stephen Daniel $628,000 Security Title Agency
Demars William G $575,000 --
Garcia Angel I $374,900 Chicago Title Agency
High Yield Properties Llc $364,000 Chicago Title Agency
Fessler Scott S $255,000 Equity Title Agency Inc
Marks Steven M $160,526 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Stephen Daniel $596,600
Previous Owner Demars William G $539,397
Previous Owner Garcia Angel I $281,175
Previous Owner Fessler Scott S $255,000
Previous Owner Marks Steven M $152,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2024 04/25/24 Sold $628,000 0.0% $255 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $628,000 -1.9% $255 / Sq Ft
03/05/2024 03/05/24 Price Changed $640,000 -3.8% $260 / Sq Ft
02/15/2024 02/15/24 For Sale $665,000 +15.7% $270 / Sq Ft
03/13/2023 03/13/23 Sold $575,000 -4.2% $233 / Sq Ft View Prior Sale
02/01/2023 02/01/23 Price Changed $599,900 -1.6% $243 / Sq Ft
01/17/2023 01/17/23 Price Changed $609,900 -1.6% $247 / Sq Ft
12/30/2022 12/30/22 For Sale $619,900 +65.4% $251 / Sq Ft
03/29/2019 03/29/19 Sold $374,900 0.0% $152 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Pending -- -- --
02/23/2019 02/23/19 Price Changed $374,900 0.0% $152 / Sq Ft
02/07/2019 02/07/19 For Sale $375,000 +47.1% $152 / Sq Ft
11/10/2012 11/10/12 Sold $255,000 +2.0% $103 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $250,000 -- $101 / 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 $2,361 $30,121 -- --
2024 $2,286 $28,687 -- --
2023 $2,286 $45,650 $9,130 $36,520
2022 $2,214 $34,680 $6,930 $27,750
2021 $2,324 $32,660 $6,530 $26,130
2020 $2,288 $30,500 $6,100 $24,400
2019 $2,114 $28,330 $5,660 $22,670
2018 $2,056 $26,950 $5,390 $21,560
2017 $1,990 $25,560 $5,110 $20,450
2016 $2,016 $24,810 $4,960 $19,850
2015 $1,843 $24,200 $4,840 $19,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6663689

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-507