NOT LISTED FOR SALE

Estimated Value: $509,000 - $567,000

3 Beds
2.5 Baths
2,426 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $490,000 $202 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,996/month

Highlights

  • Spanish Architecture
  • Community Pool
  • Eat-In Kitchen
  • Gateway Pointe Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of January 2022

Beautiful 3 Bedroom Home in Gilbert! Open Floor Plan with a Huge Kitchen that has tons of Storage, Pantry and an Amazing Island, All Stainless Steel Appliances, Kitchen Opens to the Family Room, Dining and Living area has Gorgeous Laminate Flooring, Upstairs you will find a cozy loft, Oversized Master Bedroom and a spacious walk-in closet, Master Bathroom is Gorgeous with a Free Standing Tub and a Lovely Walk In Shower! All Bedrooms are Upstairs with Laundry Upstairs. The backyard welcomes you with a grass area beautiful plants and a covered patio!

Last Agent to Rent the Property

Mario Montoya

480 Realty & Property Management License #BR639743000 Listed on: 12/13/2021

Co-Listed By

Ariana Jaynes

480 Realty & Property Management License #BR683511000

Last Renter's Agent

Mario Montoya

Nexthome Elite Realty License #BR639743000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5,250 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Laundry on upper level

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Higley High School

Utilities

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

Listing and Financial Details

  • Property Available on 12/17/21
  • $75 Move-In Fee
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Tax Lot 115
  • Assessor Parcel Number 304-38-661

Community Details

Overview

  • Property has a Home Owners Association
  • Gateway Village Association, Phone Number (480) 539-1396
  • Built by WILLIAM LYON HOMES
  • Gateway Village Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2021-12-17

Listing Details

  • Cross Street: Power Rd & Ray Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Rental Info H O A Name: Gateway Village
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Addtl Move In Fees: 199.0
  • Initial Move In Costs Admin Fee: 74.85
  • Initial Move In Costs Application Fee: 75.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: rdbk02
  • Co List Office Phone: 480-779-6151
  • Subdivision Name: GATEWAY VILLAGE
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • 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
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2426.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Biking/Walking Path
  • Association Name: Gateway Village
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Gateway Pointe Elementary
  • High School: Higley High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Lot Size Sq Ft: 5250.0
  • Parcel #: 304-38-661

Building Info

  • Builder Name: WILLIAM LYON HOMES

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 115
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 6, 2021
Sold by
Velasco Roger V and Velasco Jennie G
Bought by
Bora Vaibhav and Bora Lakshmi
Seller's Agent
Lisa Merris
Realty ONE Group
Buyer's Agent
Dhruv Saha
LPT Realty, LLC
List Price
$489,900
Sold Price
$490,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$539,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,265
Avg. Annual Appreciation
2.29%
Original Mortgage
$392,000
Outstanding Balance
$357,467
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,798

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 26, 2019
Sold by
Owen Jameson and Owen Jenna
Bought by
Velasco Roger V and Velasco Jennie G
Seller's Agent
Courtney Dastas
Realty ONE Group
Buyer's Agent
Lisa Merris
Realty ONE Group
List Price
$331,000
Sold Price
$329,900
Premium/Discount to List
-$1,100
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%
Original Mortgage
$294,412
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 3, 2016
Sold by
Stevens Gregory and Stevens Allison
Bought by
Owen Jameson and Owen Jenna
Seller's Agent
Lisa Blanzy
Mark Brower Properties, LLC
Buyer's Agent
Courtney Dastas
HomeSmart
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$229,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2015
Sold by
Stevens Roger
Bought by
Stevens Gregory and Stevens Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Aug 14, 2012
Sold by
Santiago Merced Carlo E
Bought by
Stevens Roger
Seller's Agent
James Simpson
eXp Realty
Buyer's Agent
Jennifer Summers
DPR Realty LLC
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$164,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Aug 10, 2012
Sold by
Stevens Gayle A
Bought by
Stevens Roger
Seller's Agent
James Simpson
eXp Realty
Buyer's Agent
Jennifer Summers
DPR Realty LLC
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2010
Sold by
The Bank Of New York Mellon
Bought by
Santiago Merced Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 2010
Sold by
Hatch Douglas L and Hatch Rachel
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 10, 2004
Sold by
William Lyon Southwest Inc
Bought by
Hatch Douglas L and Hatch Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Gateway Villages Gilbert Lot Option Llc
Bought by
William Lyon Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Bora Vaibhav $490,000 Empire Title Agency
Velasco Roger V $329,900 Security Title Agency Inc
Owen Jameson $255,000 First Arizona Title Agency
Stevens Gregory $210,000 Lawyers Title
Stevens Roger $205,000 Driggs Title Agency Inc
Stevens Roger -- Driggs Title Agency Inc
Santiago Merced Carlos E $147,000 Guaranty Title Agency
The Bank Of New York Mellon $151,000 First American Title
Hatch Douglas L $173,212 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency
William Lyon Homes Inc $509,815 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bora Vaibhav $392,000
Previous Owner Velasco Roger V $294,412
Previous Owner Owen Jameson $229,500
Previous Owner Stevens Gregory $199,500
Previous Owner Stevens Roger $164,000
Previous Owner Stevens Roger $164,000
Previous Owner Santiago Merced Carlos E $147,000
Previous Owner Hatch Douglas L $164,500
Previous Owner William Lyon Homes Inc $75,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2022 01/03/22 Rented $2,495 0.0% --
12/21/2021 12/21/21 Under Contract -- -- --
12/13/2021 12/13/21 For Rent $2,495 0.0% --
10/08/2021 10/08/21 Sold $490,000 0.0% $202 / Sq Ft View Prior Sale
09/03/2021 09/03/21 For Sale $489,900 +48.5% $202 / Sq Ft
08/29/2019 08/29/19 Sold $329,900 0.0% $136 / Sq Ft View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $329,900 -0.3% $136 / Sq Ft
06/27/2019 06/27/19 For Sale $331,000 +29.8% $136 / Sq Ft
06/23/2016 06/23/16 Sold $255,000 -1.9% $105 / Sq Ft View Prior Sale
05/23/2016 05/23/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $259,900 +26.8% $107 / Sq Ft
08/16/2012 08/16/12 Sold $205,000 +8.0% $85 / Sq Ft View Prior Sale
07/18/2012 07/18/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $189,900 -- $78 / 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 $2,039 $22,314 -- --
2024 $2,321 $21,252 -- --
2023 $2,321 $37,230 $7,440 $29,790
2022 $2,230 $28,770 $5,750 $23,020
2021 $1,922 $25,820 $5,160 $20,660
2020 $1,959 $25,110 $5,020 $20,090
2019 $1,896 $22,130 $4,420 $17,710
2018 $1,830 $20,730 $4,140 $16,590
2017 $1,765 $20,160 $4,030 $16,130
2016 $1,746 $19,460 $3,890 $15,570
2015 $1,568 $18,680 $3,730 $14,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6331478

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-38-661