$374,000
SOLD MAR 17, 2025

4728 E Waterman St Unit 101 Gilbert, AZ 85297

Power Ranch Neighborhood
3 Beds
2 Baths
1,336 Sq Ft
$359/mo HOA Fee

Recently Sold

$280 Per Sq Ft

4% Below List Price

66 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • Tennis Courts
  • Centennial Elementary School Rated A
  • Community Pool
  • Balcony

About This Home

As of March 2025

This immaculately updated 3-bed, 2-bath condo with a 2-car garage in Power Ranch is move-in ready with new carpet, fresh interior paint, and a brand-new water heater. Additional features include tile floors and a large primary bedroom with a walk-in closet, shower/tub and a double vanity. Located on a greenbelt with easy access to multiple pools and parks, you'll find spacious living with modern finishes and an open layout to maximize the square footage. The community offers 5 pools, spas, tennis, pickleball, basketball, parks, lakes, soccer, volleyball and much more. With Power Ranch being in the heart of south Gilbert, you'll be just minutes from dining, shopping, recreation and entertainment. You'll also have convenient access to the 202-freeway so that you can minimize your commute.

Last Agent to Sell the Property

Kyle Tucker

Realty ONE Group License #SA686268000 Listed on: 12/14/2024

Last Buyer's Agent

Jason Underwood

Axen Realty, LLC License #BR580316000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 2014

Lot Details

  • 504 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Common or Shared Parking
  • Unassigned Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,336 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2024
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

  • Centennial Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2024
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 314-01-295

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
  • Power Ranch N9 HOA, Phone Number (602) 957-9191
  • Power Ranch Association, Phone Number (480) 988-0960
  • Association Phone (480) 988-0960
  • Built by Blandford Homes
  • Power Ranch Neighborhood 9 Parcel 1 Condominium Am Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,293

Year Built

Built in 2014

Lot Details

0

HOA Fees

$359 per month

Parking

2

Listing Details

  • Cross Street: Power & Germann
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Power Ranch
  • HOA #2 Phone Number: 480-988-0960
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 359.28
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2024
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2024
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 9 PARCEL 1 CONDOMINIUM AM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 583.2
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: 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
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Soft Water Loop, Full Bth Master Bdrm
  • Living Area: 1336.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Front, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Direct Access, Common
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Common: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pickleball, Lake, Community Spa, Community Spa Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • Association #2 Fee: 164.88
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 583.2
  • Association Fee Frequency: Quarterly
  • Association: Power Ranch
  • Association Name: Power Ranch N9 HOA
  • Association Phone #2: 480-988-0960
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch N9 HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 912.96
  • Association Fees:Disclosure Fees HOA: 382.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2: 500.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 912.96
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fees:HOA Management Phone 2: 480-988-0960

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Junior High Dist: Higley Unified School District
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 504.0
  • Parcel #: 314-01-295

Building Info

  • Builder Name: Blandford Homes

Tax Info

  • Tax Annual Amount: 1293.0
  • Tax Book Number: 314.00
  • Tax Lot: 9
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Mar 13, 2025
Sold by
Tucker Katelyn and Tucker Kyle
Bought by
Spencer Kevin
Seller's Agent
Kyle Tucker
Realty ONE Group
Buyer's Agent
Jason Underwood
Axen Realty, LLC
List Price
$389,000
Sold Price
$374,000
Premium/Discount to List
-$15,000
-3.86%
Total Days on Market
66
Views
142
Current Estimated Value
$374,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833
Avg. Annual Appreciation
-1.25%
Original Mortgage
$299,200
Outstanding Balance
$298,952
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$73,215

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 10, 2020
Sold by
Lotspeich John W and Lotspeich Peggy R
Bought by
Tucker Katelyn and Tucker Kyle
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Kyle Tucker
Realty ONE Group
List Price
$277,500
Sold Price
$278,000
Premium/Discount to List
$500
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$264,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jul 12, 2017
Sold by
Opendoor Homes Phoenix 2 Llc
Bought by
Lotspeich John and Lotspeich Peggy
Seller's Agent
Kim McGill
Rentals America
Buyer's Agent
Kim McGill
Rentals America
Sold Price
$1,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
May 12, 2017
Sold by
Rubino John and Rubino Catherine
Bought by
Opendoor Homes Phoenix 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 26, 2014
Sold by
Blandford Homes Condo Marketing Llc
Bought by
Rubino John and Rubino Catherine
Seller's Agent
Gale Richardson
AZ Brokerage Holdings, LLC
Buyer's Agent
Scott Whitwam
Denholm Premier Real Estate
List Price
$168,500
Sold Price
$171,500
Premium/Discount to List
$3,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$168,393
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2012
Sold by
Groeneveld Ron
Bought by
Pinnacle Ridge Holdings Llc
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 Type Sale Price Title Company
Warranty Deed $374,000 Lawyers Title Of Arizona
Warranty Deed $278,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $213,000 Fidelity National Title Agen
Warranty Deed $200,000 Fidelity National Title Agen
Special Warranty Deed $171,500 Old Republic Title Agency
Receivers Deed $1,794,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,200 New Conventional
Previous Owner $264,100 New Conventional
Previous Owner $50,000 Commercial
Previous Owner $169,096 FHA
Previous Owner $168,393 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $374,000 -1.3% $280 / Sq Ft
02/14/2025 02/14/25 Price Changed $379,000 -2.6% $284 / Sq Ft
12/14/2024 12/14/24 For Sale $389,000 +39.9% $291 / Sq Ft
11/12/2020 11/12/20 Sold $278,000 +0.2% $208 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $277,500 0.0% $208 / Sq Ft
08/25/2017 08/25/17 Rented $1,350 0.0% --
08/23/2017 08/23/17 Under Contract -- -- --
08/09/2017 08/09/17 Price Changed $1,350 -3.6% $1 / Sq Ft
08/08/2017 08/08/17 For Rent $1,400 0.0% --
07/21/2017 07/21/17 Sold $213,000 0.0% $159 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $213,000 -0.9% $159 / Sq Ft
05/20/2017 05/20/17 For Sale $215,000 +25.4% $161 / Sq Ft
08/27/2014 08/27/14 Sold $171,500 +1.8% $128 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $168,500 -- $126 / 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 $1,293 $16,911 -- --
2024 $1,343 $16,106 -- --
2023 $1,343 $26,070 $5,210 $20,860
2022 $1,283 $21,210 $4,240 $16,970
2021 $1,322 $19,480 $3,890 $15,590
2020 $1,577 $18,120 $3,620 $14,500
2019 $1,530 $16,760 $3,350 $13,410
2018 $1,482 $16,900 $3,380 $13,520
2017 $1,431 $16,100 $3,220 $12,880
2016 $1,212 $15,230 $3,040 $12,190
2015 $1,077 $13,310 $2,660 $10,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6794586

Arizona Regional Multiple Listing Service (ARMLS)

APN: 314-01-295