NOT LISTED FOR SALE

Estimated Value: $749,536 - $816,000

4 Beds
3 Baths
2,583 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $380,990 $147 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,644/month

197 Days on Market

Highlights

  • Two Primary Bathrooms
  • Community Lake
  • Granite Countertops
  • Haley Elementary School Rated A
  • Clubhouse
  • 3 Car Direct Access Garage

About This Home

As of May 2015

This home features 3 bedrooms in the main home and 1 bedroom in the suite. The main home has beautiful cream butternut cabinets, granite counter tops and stainless steel appliances. The private suite features its own entrance, living room, kitchen, bedroom and garage. The home has a total of 3 garages and is located just minutes from the community park. Layton Lakes features walking trails, splash park, tennis courts, basketball courts, sand volleyball, playgrounds and more!

A PUBLIC REPORT IS AVAILABLE ON THE STATE REAL ESTATE DEPARTMENT'S WEBSITE.

Last Agent to Sell the Property

Dawn Faraci

Lennar Sales Corp License #SA572073000 Listed on: 10/02/2014

Last Buyer's Agent

Victor Vidales

RE/MAX Desert Showcase License #SA552425000

RE/MAX Desert Showcase

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,763

Year Built

  • Built in 2014

Lot Details

  • 7,475 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,583 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Security System Owned
  • Smart Home

Schools

  • Haley Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • 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 394
  • Assessor Parcel Number 313-18-576

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Lennar
  • Layton Lakes Subdivision, Oracle Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,763

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lindsay/Queen Creek
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 86.66
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2014
  • Directions: From Loop 202 San Tan Freeway exit Gilbert Road South. Left on Queen Creek, Left on S. Layton Lakes, Right on Zion Drive and Right on South McMinn.
  • Master Model: Oracle
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: Layton Lakes
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 86.66
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 2583.0
  • Stories: 1
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, VA Approved Prjct
  • Association Fee Frequency: Monthly
  • Association Name: 0
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 0
  • Association Fees:HOA Telephone4: 0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Haley Elementary
  • High School: Perry High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7475.0
  • Parcel #: 313-18-576
  • ResoLotSizeUnits: SquareFeet

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 394
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Apr 17, 2015
Sold by
Lennar Arizona Inc
Bought by
Musuku Srinivas and Musuku Pranathi
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Victor Vidales
RE/MAX Desert Showcase
List Price
$369,990
Sold Price
$380,990
Premium/Discount to List
$11,000
2.97%
Total Days on Market
197
Current Estimated Value
$786,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,394
Avg. Annual Appreciation
7.51%
Original Mortgage
$342,891
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Apr 15, 2015
Sold by
Lennar Layton Llc
Bought by
Lennar Arizona Inc
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Victor Vidales
RE/MAX Desert Showcase
List Price
$369,990
Sold Price
$380,990
Premium/Discount to List
$11,000
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,891
Interest Rate
3.63%
Mortgage Type
New Conventional
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
Musuku Srinivas $380,990 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musuku Srinivas $210,303
Closed Musuku Srinivas $224,250
Closed Musuku Srinivas $342,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $380,990 -1.3% $147 / Sq Ft
04/11/2015 04/11/15 Pending -- -- --
03/18/2015 03/18/15 Price Changed $385,990 -0.3% $149 / Sq Ft
01/21/2015 01/21/15 Price Changed $386,990 +0.5% $150 / Sq Ft
12/24/2014 12/24/14 Price Changed $384,990 -0.3% $149 / Sq Ft
12/10/2014 12/10/14 Price Changed $385,990 +0.3% $149 / Sq Ft
10/30/2014 10/30/14 Price Changed $384,990 +3.2% $149 / Sq Ft
10/02/2014 10/02/14 Price Changed $372,990 +0.8% $144 / Sq Ft
09/26/2014 09/26/14 For Sale $369,990 -- $143 / 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 $2,763 $35,296 -- --
2024 $2,704 $33,615 -- --
2023 $2,704 $58,900 $11,780 $47,120
2022 $2,604 $42,920 $8,580 $34,340
2021 $2,720 $41,010 $8,200 $32,810
2020 $2,701 $39,230 $7,840 $31,390
2019 $2,603 $35,680 $7,130 $28,550
2018 $2,520 $33,810 $6,760 $27,050
2017 $2,365 $31,420 $6,280 $25,140
2016 $2,231 $30,210 $6,040 $24,170
2015 $2,306 $27,780 $5,550 $22,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5179759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-576