NOT LISTED FOR SALE

4240 S Summit St Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $609,276 - $675,000

4 Beds
2.5 Baths
2,320 Sq Ft
$278/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Granite Countertops
  • Eat-In Kitchen
  • Weinberg Gifted Academy Rated A+
  • Covered Patio or Porch
  • Double Vanity

About This Home

As of October 2023

BEAUTIFUL ELEMENT HOME IN SPECTRUM ESTATES, NEW CARPET IN GREAT ROOM AND INTERIOR PAINT, TILE IN ALL THE RIGHT PLACES, KITCHEN OVERLOOKS THE GREAT ROOM, UPGRADED CABINETS, GRANITE COUNTER TOPS, ISLAND IN KITCHEN, MASTER BATH HAS DOUBLE SINKS, SEPARATE TUB AND SHOWER.

Last Agent to Rent the Property

Tammy Fernandez

AH Properties License #SA548607000 Listed on: 08/31/2023

Last Renter's Agent

Tammy Fernandez

AH Properties License #SA548607000 Listed on: 08/31/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 9,563 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Spectrum Association, Phone Number (602) 906-4940
  • Estates At The Spectrum Subdivision

Listing and Financial Details

  • Property Available on 8/31/23
  • $100 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 167
  • Assessor Parcel Number 304-57-181

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-08-31

Listing Details

  • Cross Street: VAL VISTA & GERMANN
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Rental Info H O A Name: SPECTRUM
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 100.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: ESTATES AT THE SPECTRUM
  • Property Attached Yn: No
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2320.0
  • Stories: 1
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Grass Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: SPECTRUM
  • Phone: 602-906-4940
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Spectrum Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Lot Size Sq Ft: 9563.0
  • Parcel #: 304-57-181

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 167
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2010
Sold by
Tran James Hien
Bought by
Tran Julie Vumai
Current Estimated Value
$645,319

Purchase Details

Closed on
Jun 27, 2005
Sold by
Elementhomes Sales & Marketing Llc
Bought by
Tran James and Tran Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,450
Outstanding Balance
$137,331
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,988
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
Tran Julie Vumai -- None Available
Tran James $321,858 First American Title Ins Co
Elementhomes Sales & Marketing Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran James $257,450
Closed Tran James $32,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2023 10/21/23 Rented $2,395 0.0% --
10/09/2023 10/09/23 Under Contract -- -- --
10/07/2023 10/07/23 Price Changed $2,395 0.0% $1 / Sq Ft
10/07/2023 10/07/23 For Rent $2,395 -4.0% --
09/29/2023 09/29/23 Off Market $2,495 -- --
09/21/2023 09/21/23 Price Changed $2,495 -3.9% $1 / Sq Ft
09/11/2023 09/11/23 Price Changed $2,595 -3.7% $1 / Sq Ft
08/31/2023 08/31/23 For Rent $2,695 +3.7% --
09/21/2022 09/21/22 Rented $2,600 -3.5% --
09/15/2022 09/15/22 Price Changed $2,695 -3.8% $1 / Sq Ft
09/07/2022 09/07/22 Price Changed $2,800 -6.5% $1 / Sq Ft
08/29/2022 08/29/22 For Rent $2,995 +15.4% --
06/11/2021 06/11/21 Rented $2,595 0.0% --
05/15/2021 05/15/21 Under Contract -- -- --
05/10/2021 05/10/21 Price Changed $2,595 -10.4% $1 / Sq Ft
05/04/2021 05/04/21 For Rent $2,895 +20.9% --
09/26/2020 09/26/20 Rented $2,395 0.0% --
09/16/2020 09/16/20 Under Contract -- -- --
08/27/2020 08/27/20 For Rent $2,395 -- --
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 $3,066 $32,284 -- --
2024 $2,961 $30,747 -- --
2023 $2,961 $46,880 $9,370 $37,510
2022 $2,868 $35,550 $7,110 $28,440
2021 $2,940 $32,770 $6,550 $26,220
2020 $2,920 $31,080 $6,210 $24,870
2019 $2,815 $28,470 $5,690 $22,780
2018 $2,735 $26,650 $5,330 $21,320
2017 $2,581 $25,030 $5,000 $20,030
2016 $2,500 $24,780 $4,950 $19,830
2015 $2,389 $22,980 $4,590 $18,390
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2023

    Tammy Fernandez

    AH Properties

    (602) 434-4105

    28 Total Sales

    Tammy Fernandez
    Section Image
  • Kelly Haught Duke

    Buyer's Agent in 2022

    Kelly Haught Duke

    Realty One Group

    (480) 497-1347

    1 in this area

    54 Total Sales

    Kelly Haught Duke
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6599471

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-57-181

Arizona Maricopa County Gilbert 85297 South Gilbert

4240 S Summit St, 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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