NOT LISTED FOR SALE

Estimated Value: $478,000 - $507,000

3 Beds
2 Baths
1,571 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $540,000 $344 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,702/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Covered Patio or Porch
  • Towne Meadows Elementary School Rated A-
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of April 2022

FANTASTIC SINGLE LEVEL 3BD/2BA on a CORNER LOT in a quiet Gilbert neighborhood! MOVE-IN READY! Vaulted ceilings & plenty of lg windows make this home OPEN & BRIGHT! BONUS DEN w/murphy bed is perfect for an additional bedroom or office! Kitchen w/GRANITE counters, SS appliances, breakfast bar & pantry. Fireplace in LR. Master suite boasts dual sinks, walk-in closet & private exit to the backyard! Laundry w/additional storage. Ceiling fans t/o. SPACIOUS grassy backyard w/extended covered patio is great for entertaining guests! Community includes children's playgrounds, sport courts & picnic area. CONVENIENTLY LOCATED minutes from the Riparian Preserve, US60, Loop 202, restaurants, shopping & more!

Last Agent to Sell the Property

Bill Olmstead

Keller Williams Realty East Valley License #SA511063000 Listed on: 03/31/2022

Keller Williams Realty East Valley

Co-Listed By

Andrew Brown

Keller Williams Realty East Valley License #SA689616000

Last Buyer's Agent

Nicole Kassar-Touma

HomeSmart License #SA674085000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 1988

Lot Details

  • 8,281 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Towne Meadows Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 304-06-081

Community Details

Overview

  • Association fees include ground maintenance
  • Towne Meadows HOA, Phone Number (480) 813-6788
  • Built by Ryland Homes
  • Towne Meadows Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 1988

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Cross Street: Power & Guadalupe
  • 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: 20.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: TOWNE MEADOWS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 343.73
  • Association Fees:HOA Fee2: 60.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1571.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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: 60.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Meadows HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Towne Meadows HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Towne Meadows Elementary School
  • 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: 8281.0
  • Parcel #: 304-06-081

Building Info

  • Builder Name: Ryland Homes

Tax Info

  • Tax Annual Amount: 1413.0
  • Tax Book Number: 304.00
  • Tax Lot: 46
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 14, 2022
Sold by
Brown Andrew J and Brown Kristin J
Bought by
Fouad & Claire Touma Living Trust
Seller's Agent
Bill Olmstead
Keller Williams Realty East Valley
Buyer's Agent
Nicole Kassar-Touma
HomeSmart
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%
Current Estimated Value
$490,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,378
Avg. Annual Appreciation
-2.54%

Purchase Details

Closed on
May 23, 2018
Sold by
Powers Jeremiah and Powers Dana
Bought by
Brown Andrew J and Brown Kristin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,010
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
Us Bank National Association
Bought by
Power Jeremiah and Powers Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Podraza Richard and Podraza Mary
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 10, 2005
Sold by
Croyle Edward R and Croyle Mary Lou
Bought by
Podraza Richard and Podraza Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Fouad & Claire Touma Living Trust $540,000 Premier Title
Brown Andrew J $233,000 Driggs Title Agency Inc
Power Jeremiah $145,000 First American Title Ins Co
Us Bank National Association $158,400 Great American Title Agency
Podraza Richard $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Andrew J $225,010
Previous Owner Power Jeremiah $137,750
Previous Owner Podraza Richard $224,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $540,000 +8.0% $344 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $500,000 -- $318 / 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 $1,429 $18,301 -- --
2024 $1,386 $17,429 -- --
2023 $1,386 $33,680 $6,730 $26,950
2022 $1,347 $25,210 $5,040 $20,170
2021 $1,413 $23,430 $4,680 $18,750
2020 $1,391 $21,660 $4,330 $17,330
2019 $1,282 $19,660 $3,930 $15,730
2018 $1,237 $18,220 $3,640 $14,580
2017 $1,196 $16,900 $3,380 $13,520
2016 $1,242 $16,180 $3,230 $12,950
2015 $1,133 $15,360 $3,070 $12,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6376468

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-081