NOT LISTED FOR SALE

501 E Hearne Way Gilbert, AZ 85234

Heritage District Neighborhood

Estimated Value: $608,000 - $733,000

4 Beds
3.5 Baths
3,020 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $670,000 $222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,025/month

41 Days on Market

Highlights

  • Waterfront
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Burk Elementary School Rated A-
  • Community Lake
  • Main Floor Primary Bedroom

About This Home

As of April 2023

$25,000 price reduction. Seller has health issues and wants this property sold! Sold ''As Is''. Stonebridge Estates Waterfront Home, Amazing views when you walk thru the front door to lake views! Open floor plan, soaring ceilings, Four bedrooms with 3.5 baths, Two master bedroom suites, one up and one the main level. Main floor owner suite has access to the patio, large closets & the upstairs owner suite has its own private balcony overlooking the lake. The Master upstairs has a jetted tub, Splish/Splash - taking a bath..
Ease your way into homeownership.
Seller will consider paid interest rate buydown allowing the new homeowners to settle in comfortably with lower than market rates for the first 2 years of the loan. Chef's delight kitchen with stainless steel appliances, granite countertops, walk in pantry, separate dining room/living and eat in kitchen, & amazing views of the lake. The family room has a wood burning fireplace to take the chill of on the cool winter evenings. Location, Location, Location a¬'' on the lake, walking distance to downtown. Complete home inspection completed and repairs made prior to listing home! Check it out!

Last Agent to Sell the Property

Tricia Lehane

RE/MAX Excalibur License #SA573307000 Listed on: 02/02/2023

RE/MAX Excalibur

Last Buyer's Agent

Jerry Murphy

Long Realty Uptown License #SA560004000

Long Realty Uptown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1993

Lot Details

  • 7,257 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Burk Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 304-97-362

Community Details

Overview

  • Association fees include ground maintenance
  • Stonebridge Lakes Association, Phone Number (480) 422-0888
  • Built by UDC
  • Stonebridge Estates Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,235

Year Built

Built in 1993

Lot Details

7,257 Sq Ft Lot

HOA Fees

$68 per month

Parking

3

Listing Details

  • Cross Street: LINDSAY AND ELLIOT
  • Legal Info Range: 1S
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Stonebridge Estates
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 221.85
  • Association Fees:HOA Fee2: 410.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3020.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Waterfront Lot, Desert Back, Desert Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool
  • Association Fee: 410.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Stonebridge Lakes
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Stonebridge Lakes
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 630.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Burk Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7257.0
  • Parcel #: 304-97-362

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 3235.0
  • Tax Book Number: 304.00
  • Tax Lot: 161
  • Tax Map Number: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 10, 2023
Sold by
Lawson Family Trust
Bought by
Lo Philippe D and Lo Dee W
Seller's Agent
Tricia Lehane
RE/MAX Excalibur
Buyer's Agent
Jerry Murphy
Long Realty Uptown
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%
Views
47
Current Estimated Value
$687,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,088
Avg. Annual Appreciation
0.85%
Original Mortgage
$502,500
Outstanding Balance
$488,277
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$198,811

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 9, 2012
Sold by
Blanchard Edward J and Blanchard Melissa
Bought by
Lawson James R and Lawson Susan J
Seller's Agent
Nate Randleman
Keller Williams Realty East Valley
Buyer's Agent
Robert Beglin
Realty Executives
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$243,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records
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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
Lo Philippe D $670,000 Roc Title
Lawson James R $345,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Philippe D $502,500
Previous Owner Lawson James R $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2023 04/10/23 Sold $670,000 -4.3% $222 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $699,999 -3.4% $232 / Sq Ft
01/28/2023 01/28/23 For Sale $725,000 +110.1% $240 / Sq Ft
08/15/2012 08/15/12 Sold $345,000 -1.4% $114 / Sq Ft View Prior Sale
06/26/2012 06/26/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $349,900 -- $116 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,432 $44,321 -- --
2024 $3,304 $42,211 -- --
2023 $3,304 $52,710 $10,540 $42,170
2022 $3,196 $39,820 $7,960 $31,860
2021 $3,325 $37,160 $7,430 $29,730
2020 $3,268 $35,470 $7,090 $28,380
2019 $3,002 $33,980 $6,790 $27,190
2018 $2,910 $32,620 $6,520 $26,100
2017 $2,809 $32,010 $6,400 $25,610
2016 $2,905 $28,570 $5,710 $22,860
2015 $2,665 $31,870 $6,370 $25,500
Source: Public Records

Agents Affiliated with this Home

  • Tricia Lehane

    Seller's Agent in 2023

    Tricia Lehane

    RE/MAX

    (602) 689-9977

    1 in this area

    42 Total Sales

    Tricia Lehane
    Section Image
  • Jerry Murphy

    Buyer's Agent in 2023

    Jerry Murphy

    Long Realty Uptown

    (602) 334-3757

    1 in this area

    25 Total Sales

    Jerry Murphy
    Section Image
  • Nate Randleman

    Seller's Agent in 2012

    Nate Randleman

    Keller Williams Realty East Valley

    (480) 540-7019

    1 in this area

    232 Total Sales

    Nate Randleman
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Beglin

    Realty Executives

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6514089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-97-362

Arizona Maricopa County Gilbert 85234 Heritage District

501 E Hearne Way, Gilbert, AZ

Not Listed for Sale

Detached

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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