NOT LISTED FOR SALE

4657 E Rakestraw Ln Gilbert, AZ 85298

Trilogy Neighborhood

Estimated Value: $503,000 - $530,000

2 Beds
2 Baths
1,604 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $395,000 $246 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,203/month

28 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated Community
  • Cortina Elementary School Rated A
  • Fitness Center
  • Mountain View

About This Home

As of February 2021

This home is located at 4657 E Rakestraw Ln, Gilbert, AZ 85298 since 11 January 2021 and is currently estimated at $514,072, approximately $320 per square foot. This property was built in 2006. 4657 E Rakestraw Ln is a home located in Maricopa County with nearby schools including Cortina Elementary School, Sossaman Middle School, and Higley High School.

Last Agent to Sell the Property

Richard Johnson

Coldwell Banker Realty License #SA641037000 Listed on: 01/11/2021

Last Buyer's Agent

Sergio Santizo

LPT Realty, LLC License #SA643772000

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 2006

Lot Details

  • 5,758 Sq Ft Lot
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $149 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers

Accessible Home Design

  • Bathroom has a 60 inch turning radius
  • Grab Bar In Bathroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry
  • Hard or Low Nap Flooring

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1885
  • Assessor Parcel Number 313-06-789

Community Details

Overview

  • Association fees include street maintenance
  • Trilogy @ Power Ranc Association, Phone Number (480) 279-2053
  • Built by Shea Homes
  • Trilogy Unit 9 Phase A Subdivision, Morningstar Floorplan
  • FHA/VA Approved Complex

Amenities

  • Concierge
  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 2006

Lot Details

0

HOA Fees

$149 per month

Parking

2

Listing Details

  • Cross Street: POWER ROAD & QUEEN CREEK ROAD
  • 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: 149.0
  • 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: 2006
  • Tax Year: 2020
  • Directions: WEST ON QUEEN CREEK ROAD, LEFT ON RANCHHOUSE TO THE GUARD GATE, LEFT ON VILLAGE PARKWAY, RIGHT ONTO FICUS WAY, LEFT ON RAKESTRAW LANE AND THE HOME IS ON THE RIGHT SIDE,
  • Master Model: Morningstar
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: TRILOGY UNIT 9 PHASE A
  • Architectural Style: Santa Barbara/Tuscan
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 447.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Mltpl Entries/Exits, Lever Handles, Hard/Low Nap Floors, Exterior Curb Cuts, Bath Lever Faucets, Bath Grab Bars, Bath 60in Trning Rad, Accessible Hallway(s), Accessible Closets, Accessible Kitchen
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1604.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Community Media Room, Golf, Concierge, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Rental OK (See Rmks), Self Managed, VA Approved Prjct
  • Association Fee: 447.0
  • Association Fee Frequency: Quarterly
  • Association Name: Trilogy @ Power Ranc
  • Phone: 480-279-2053
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Trilogy @ Power Ranc
  • Association Fees:HOA Telephone4: 480-279-2053
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2400.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Adult
  • High School: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5758.0
  • Parcel #: 313-06-789
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 2207.0
  • Tax Book Number: 313.00
  • Tax Lot: 1885
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 19, 2021
Sold by
Depalma Nicholas G and De Palma Judith
Bought by
Schwab Kenneth M and Schwab Virginia M
Seller's Agent
Richard Johnson
Coldwell Banker Realty
Buyer's Agent
Sergio Santizo
LPT Realty, LLC
List Price
$395,000
Sold Price
$395,000
Total Days on Market
28
Current Estimated Value
$514,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,072
Avg. Annual Appreciation
6.19%
Original Mortgage
$195,000
Outstanding Balance
$177,431
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$333,959

Purchase Details

Closed on
Jul 10, 2012
Sold by
Depalma Nicholas and De Palma Judith
Bought by
Depalma Nicholas G and Depalma Judith K

Purchase Details

Closed on
Sep 21, 2006
Sold by
Shea Communities Marketing Co
Bought by
Depalma Nicholas and Depalma Judith
Source: Public Records

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Range of Values:

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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
Schwab Kenneth M $395,000 Az Title Agency Llc
Depalma Nicholas G -- None Available
Depalma Nicholas $311,683 First American Title Insuran
Shea Communities Marketing Co -- First American Title Insuran
Sheacomm At Power Ranch Marketing Llc -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Kenneth M $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $395,000 0.0% $246 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $395,000 -- $246 / 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 $2,185 $28,033 -- --
2024 $2,197 $26,698 -- --
2023 $2,197 $36,000 $7,200 $28,800
2022 $2,100 $30,470 $6,090 $24,380
2021 $2,163 $29,350 $5,870 $23,480
2020 $2,207 $25,460 $5,090 $20,370
2019 $2,138 $23,820 $4,760 $19,060
2018 $2,059 $22,770 $4,550 $18,220
2017 $1,984 $22,870 $4,570 $18,300
2016 $2,017 $21,950 $4,390 $17,560
2015 $1,758 $20,050 $4,010 $16,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6171370

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-06-789