NOT LISTED FOR SALE

4985 S Merriman Way Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $681,679 - $753,000

5 Beds
3 Baths
2,898 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $334,620 $115 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,071/month

Highlights

  • Community Lake
  • Granite Countertops
  • Covered Patio or Porch
  • Haley Elementary School Rated A
  • Tennis Courts
  • 2 Car Direct Access Garage

About This Home

As of June 2018

Excellent 5 Bedroom w/ Loft in Fabulous Layton Lakes of Gilbert. Enter to Formal Living Rm, then Gourmet Kitchen w/ Granite Counters, Gas Stove, S/S Appliances, Pantry, Island w/ Breakfast Bar Joining Large Family Rm. Split Master Features ''Super Shower'' Extra Spacious w/ 3 Shower Heads, Travertine; also Dual Sinks, Private Toilet, Giant Walk-In Closet. Bright Loft, 4 Bedrooms, Large Laundry & Full Bath Are Upstairs. 1 Bedroom & Full Bath are Downstairs - Yes! Carpeted Bedrooms, Tile w/ Wood Look Throughout. All Appliances Are Included! Ceiling Fans. Wired For Alarm. Recessed Lighting. Extra Deep Garage. Covered Patios Front & Back, Easy Care Backyard w/ View Wall. Enjoy Layton Lakes Water Parks, Green Belts & Walking Paths. Please Note: City tax plus admin fee total 2.5%

Last Agent to Rent the Property

Laina Pippett

Rentals America License #SA644880000 Listed on: 05/02/2018

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 2014

Lot Details

  • 6,380 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 5/2/18
  • 12-Month Minimum Lease Term
  • Tax Lot 299
  • Assessor Parcel Number 313-18-471

Community Details

Overview

  • Property has a Home Owners Association
  • Layton Lakes Association, Phone Number (602) 957-9191
  • Built by Lennar
  • Layton Lakes Subdivision, Columbus Floorplan
  • Community Lake

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2018-05-02

Listing Details

  • Cross Street: E Queen Creek Rd & S Lindsay Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Rental Info H O A Name: Layton Lakes
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From Lp 202, S on Gilbert Rd, E/Left on Queen Crk, S/Right on S Lindsay Rd, E/Left on E Regent Dr, S/Right on S Twinleaf Dr, E/Left on E Aberdeen Dr, Curves S/Right on Merriman Wy, Home on Left.
  • Master Model: Columbus
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LAYTON LAKES
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2898.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage 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: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Biking/Walking Path
  • Association Name: Layton Lakes
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6380.0
  • Parcel #: 313-18-471

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 299
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Jan 28, 2015
Sold by
Lennar Arizona Inc
Bought by
Hoq Akm Mazharul and Rahrnan Shaheen
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Steve Garvey
West USA Realty
List Price
$344,990
Sold Price
$334,620
Premium/Discount to List
-$10,370
-3.01%
Current Estimated Value
$723,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,800
Avg. Annual Appreciation
7.40%
Original Mortgage
$301,158
Outstanding Balance
$233,919
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$482,878
Source: Public Records

Range of Values:

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Average Value
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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
Hoq Akm Mazharul $334,620 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoq Akm Mazharul $301,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Rented $2,025 0.0% --
05/02/2018 05/02/18 For Rent $2,025 +1.5% --
09/01/2016 09/01/16 Rented $1,995 0.0% --
08/08/2016 08/08/16 Off Market $1,995 -- --
07/23/2016 07/23/16 For Rent $1,995 0.0% --
01/30/2015 01/30/15 Sold $334,620 -3.0% $115 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
12/24/2014 12/24/14 Price Changed $344,990 -0.3% $119 / Sq Ft
12/10/2014 12/10/14 Price Changed $345,990 +0.3% $119 / Sq Ft
10/31/2014 10/31/14 For Sale $344,990 -- $119 / 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 $2,832 $32,589 -- --
2024 $2,977 $31,037 -- --
2023 $2,977 $47,680 $9,530 $38,150
2022 $2,878 $35,750 $7,150 $28,600
2021 $2,951 $33,130 $6,620 $26,510
2020 $2,929 $32,620 $6,520 $26,100
2019 $2,831 $30,000 $6,000 $24,000
2018 $2,750 $28,660 $5,730 $22,930
2017 $2,599 $27,400 $5,480 $21,920
2016 $2,054 $27,780 $5,550 $22,230
2015 $2,124 $25,650 $5,130 $20,520
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2018

    Laina Pippett

    Rentals America

    (480) 374-5500

    Laina Pippett
    Section Image

  • N

    Tenant's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

  • Lolli Leclaire

    Buyer's Agent in 2016

    Lolli Leclaire

    SERHANT.

    (480) 688-9897

    2 in this area

    32 Total Sales

    Lolli Leclaire
    Section Image

  • L

    Buyer's Agent in 2016

    Laura LeClaire

    eXp Realty

  • D

    Seller's Agent in 2015

    Dawn Faraci

    Lennar Sales Corp

  • Steve Garvey

    Buyer's Agent in 2015

    Steve Garvey

    West USA Realty

    (602) 790-7534

    12 Total Sales

    Steve Garvey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5760157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-471

Arizona Maricopa County Gilbert 85298 South Gilbert

4985 S Merriman Way, Gilbert, AZ

This home is located at 4985 S Merriman Way, Gilbert, AZ 85298 since 02 May 2018 and is currently priced at $723,420. This property was built in 2014. 4985 S Merriman Way is a home located in Maricopa County with nearby schools including Haley Elementary School, Willie & Coy Payne Jr. High School, and Legacy Online Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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