NOT LISTED FOR SALE

405 S Cholla St Gilbert, AZ 85233

Downtown Gilbert Neighborhood

Estimated Value: $569,000 - $592,000

4 Beds
2.5 Baths
1,994 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $280,000 $140 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,314/month

3 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Community Lake
  • Gilbert Elementary School Rated A-
  • 0.24 Acre Lot
  • Vaulted Ceiling

About This Home

As of July 2016

Meticulously maintained 4 bedroom/2.5 bath home in the heart of Gilbert at Lago Estancia subdivision. Super close to shopping and dining. Large private lot with a fenced pool and large grassy area. New roof Jan 2015 and a new variable speed pool pump. Pride of ownership shows from the moment you step inside this beautiful home. Lots of play grounds and lake views in this desirable neighborhood. Walking distance to the junior high and only a few miles from San Tan Mall and freeways. Schedule a showing before it's gone.

Last Agent to Sell the Property

Flora Johnson

HomeSmart License #SA579577000 Listed on: 05/27/2016

HomeSmart

Last Buyer's Agent

Annette Holmes

SERHANT. License #SA636890000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1992

Lot Details

  • 10,402 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Gilbert Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 245
  • Assessor Parcel Number 302-32-958

Community Details

Overview

  • Property has a Home Owners Association
  • Tricity Prop Managem Association, Phone Number (480) 844-2224
  • Built by Continental Homes
  • Cantamar 3 Lot 176 247 Tr A E Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,458

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Warner and Gilbert Rds
  • Legal Info Range: 5E
  • Property Type: Residential
  • 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
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2015
  • Directions: North on Gilbert Rd, west on Hackamore Avenue, left on Mystic Dr, right on Lago Blvd, and then right on Cholla to home on right hand side.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.24
  • Subdivision Name: CANTAMAR 3 LOT 176-247 TR A-E
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 62.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1994.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia HOA
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lago Estancia HOA
  • Association Fees:HOA Telephone4: 4808442224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tricity Prop Managem
  • Association Fees:HOA Management Phone: 4808442224
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Mesquite High School
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10402.0
  • Parcel #: 302-32-958
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental Homes

Tax Info

  • Tax Annual Amount: 1458.0
  • Tax Book Number: 302.00
  • Tax Lot: 245
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jun 13, 2016
Sold by
Nevlin Gerald W and Nelvin Patricia A
Bought by
Lomas Ramon D and Lomas Nannette
Seller's Agent
Flora Johnson
HomeSmart
Buyer's Agent
Annette Holmes
SERHANT.
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$581,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,210
Avg. Annual Appreciation
8.39%
Original Mortgage
$274,928
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
Lomas Ramon D $280,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomas Ramon D $341,000
Closed Lomas Ramon D $262,599
Closed Lomas Ramon D $263,278
Previous Owner Lomas Ramon D $274,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $280,000 +0.4% $140 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $279,000 -- $140 / 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 $1,773 $24,289 -- --
2024 $1,788 $23,132 -- --
2023 $1,788 $41,460 $8,290 $33,170
2022 $1,731 $30,570 $6,110 $24,460
2021 $1,827 $28,770 $5,750 $23,020
2020 $1,797 $26,860 $5,370 $21,490
2019 $1,656 $24,910 $4,980 $19,930
2018 $1,607 $23,400 $4,680 $18,720
2017 $1,550 $21,830 $4,360 $17,470
2016 $1,595 $21,170 $4,230 $16,940
2015 $1,458 $19,800 $3,960 $15,840
Source: Public Records

Agents Affiliated with this Home

  • Flora Johnson

    Seller's Agent in 2016

    Flora Johnson

    HomeSmart

    (480) 231-9393

    5 Total Sales

    Flora Johnson
    Section Image
  • Annette Holmes

    Buyer's Agent in 2016

    Annette Holmes

    SERHANT.

    (602) 625-5519

    1 in this area

    156 Total Sales

    Annette Holmes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5449109

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-958

Arizona Maricopa County Gilbert 85233 Downtown Gilbert

405 S Cholla St, Gilbert, AZ

This home is located at 405 S Cholla St, Gilbert, AZ 85233 since 27 May 2016 and is currently estimated at $581,210, approximately $291 per square foot. This property was built in 1992. 405 S Cholla St is a home located in Maricopa County with nearby schools including Gilbert Elementary School, Mesquite Junior High School, and Mesquite 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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