NOT LISTED FOR SALE

3938 E Rakestraw Ln Gilbert, AZ 85298

Bridges at Gilbert Neighborhood

Estimated Value: $570,301 - $614,000

2 Beds
2 Baths
1,976 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $365,000 $185 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,250/month

181 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • Community Playground
  • Power Ranch Elementary School Rated A-
  • Breakfast Bar
  • Security System Owned

About This Home

As of June 2020

This Gilbert one-story offers granite kitchen countertops, stainless steel appliances, a den, a pergola, a cobblestone driveway, and a three-car garage. This home is vacant and cleaned regularly.

Last Agent to Sell the Property

Lisa Soltesz

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #BR529689000 Listed on: 11/07/2019

Last Buyer's Agent

Tim Smith

Presidential Realty, LLC License #SA657231000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 2014

Lot Details

  • 6,000 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Grass Covered Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 304-73-452

Community Details

Overview

  • Association fees include ground maintenance
  • The Bridges At Gilbert Community Association, Phone Number (480) 813-6788
  • Built by Maracay Homes LLC
  • Bridges East Parcel 3 2 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,193

Year Built

Built in 2014

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • 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: 83.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: BRIDGES EAST PARCEL 3-2
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 184.72
  • Association Fees:HOA Fee2: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1976.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • 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: 250.0
  • Association Fee Frequency: Quarterly
  • Association Name: The bridges at gilbert community association
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 375.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The bridges at gilbert community association
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 161.0
  • 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: 6000.0
  • Parcel #: 304-73-452

Building Info

  • Builder Name: Maracay Homes LLC

Tax Info

  • Tax Annual Amount: 2193.0
  • Tax Book Number: 304.00
  • Tax Lot: 84
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Smith Timoth Ruel and Koehler Camille Elizabeth
Bought by
Smith Timoth Ruel and Koehler Camille Elizabeth
Current Estimated Value
$570,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$209,023
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$376,302

Purchase Details

Closed on
Nov 23, 2020
Sold by
Smith Timothy Ruel and Koehler Camille Elizabeth
Bought by
Smith Timothy Ruel and Koehler Camille Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$209,023
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$376,302

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jun 12, 2020
Sold by
Smith Timothy R and Koehler Camille E
Bought by
Smith Timothy Ruel and Koehler Camille Elizabeth
Seller's Agent
Lisa Soltesz
Opendoor Brokerage, LLC
Buyer's Agent
Tim Smith
Presidential Realty, LLC
List Price
$401,000
Sold Price
$365,000
Premium/Discount to List
-$36,000
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$346,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jun 11, 2020
Sold by
Opendoor Property N Llc
Bought by
Smith Timothy R and Koehler Camille E
Seller's Agent
Lisa Soltesz
Opendoor Brokerage, LLC
Buyer's Agent
Tim Smith
Presidential Realty, LLC
List Price
$401,000
Sold Price
$365,000
Premium/Discount to List
-$36,000
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Kuproski Ashley and Grimm Ashley
Bought by
Opendoor Property N Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000,000
Interest Rate
3.7%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Listed on
Feb 21, 2014
Closed on
May 27, 2014
Sold by
Maracay Bridges Llc
Bought by
Grimm Ashley
Seller's Agent
Craig Tucker
Tri Pointe Homes Arizona Realty
Buyer's Agent
Stephen Helmstadter Sr.
Helmstad Realty
List Price
$299,294
Sold Price
$285,274
Premium/Discount to List
-$14,020
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$186,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Timoth Ruel -- None Available
Smith Timothy Ruel -- Empire West Title Agency Llc
Smith Timothy Ruel -- None Available
Smith Timothy R $385,000 Os National Llc
Opendoor Property N Llc $380,400 Os National Llc
Grimm Ashley $288,121 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Timothy Ruel $290,000
Closed Smith Timothy R $346,750
Previous Owner Opendoor Property N Llc $250,000,000
Previous Owner Grimm Ashley $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2020 06/11/20 Sold $365,000 0.0% $185 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $365,000 -0.8% $185 / Sq Ft
03/18/2020 03/18/20 Price Changed $368,000 -1.9% $186 / Sq Ft
03/05/2020 03/05/20 Price Changed $375,000 -0.8% $190 / Sq Ft
02/13/2020 02/13/20 Price Changed $378,000 -0.5% $191 / Sq Ft
01/23/2020 01/23/20 Price Changed $380,000 -1.3% $192 / Sq Ft
01/10/2020 01/10/20 Price Changed $385,000 -0.8% $195 / Sq Ft
12/19/2019 12/19/19 Price Changed $388,000 -1.3% $196 / Sq Ft
12/05/2019 12/05/19 Price Changed $393,000 -1.0% $199 / Sq Ft
11/21/2019 11/21/19 Price Changed $397,000 -1.0% $201 / Sq Ft
11/07/2019 11/07/19 For Sale $401,000 +40.6% $203 / Sq Ft
06/13/2014 06/13/14 Sold $285,274 -0.7% $144 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
03/14/2014 03/14/14 Price Changed $287,294 -4.0% $145 / Sq Ft
02/21/2014 02/21/14 For Sale $299,294 -- $151 / 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 $2,105 $28,534 -- --
2024 $2,258 $27,176 -- --
2023 $2,258 $44,760 $8,950 $35,810
2022 $2,158 $34,750 $6,950 $27,800
2021 $2,222 $32,310 $6,460 $25,850
2020 $2,265 $30,060 $6,010 $24,050
2019 $2,193 $26,820 $5,360 $21,460
2018 $2,116 $25,530 $5,100 $20,430
2017 $2,038 $24,470 $4,890 $19,580
2016 $2,041 $24,160 $4,830 $19,330
2015 $1,827 $22,750 $4,550 $18,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Soltesz

    Opendoor Brokerage, LLC

    Lisa Soltesz
    Section Image
  • Tim Smith

    Buyer's Agent in 2020

    Tim Smith

    Presidential Realty, LLC

    (480) 221-6181

    21 Total Sales

    Tim Smith
    Section Image

  • C

    Seller's Agent in 2014

    Craig Tucker

    Tri Pointe Homes Arizona Realty

    (480) 970-6000

    461 Total Sales

    Craig Tucker
    Section Image

  • S

    Buyer's Agent in 2014

    Stephen Helmstadter Sr.

    Helmstad Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6002095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-73-452

Arizona Maricopa County Gilbert 85298 Bridges at Gilbert

3938 E Rakestraw Ln, 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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