NOT LISTED FOR SALE

507 E Devon Dr Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $454,096 - $484,000

3 Beds
2 Baths
1,401 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $200,000 $143 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,649/month

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Dual Vanity Sinks in Primary Bathroom
  • Settlers Point Elementary School Rated A-
  • Covered Patio or Porch
  • Community Playground

About This Home

As of June 2013

This charming home in centrally located in Gilbert and allows for low maintenance living without sacrificing quality. This home has a bright open kitchen and eating area, a large great room overlooking back patio, updated paint, and large master suite with french doors and full master bathroom. The backyard boasts a sparkling blue pool, artificial grass, plant beds with automatic watering system, and mature Queen Anne palm trees offering shade on warm Arizona days.

Last Agent to Sell the Property

Brian Gubernick

Keller Williams Realty Phoenix License #SA576658000 Listed on: 01/22/2013

Keller Williams Realty Phoenix

Co-Listed By

Marign Mccarthy

My Home Group Real Estate License #SA631472000

Last Buyer's Agent

Rocky Burgess

World Class Properties License #BR628050000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1998

Lot Details

  • 5,920 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Carpet
  • Built-In Microwave
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Schools

  • Settler's Point Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Listing and Financial Details

  • Short Sale
  • Tax Lot 352
  • Assessor Parcel Number 309-14-352

Community Details

Overview

  • Association fees include ground maintenance
  • Neely Farms Association, Phone Number (602) 954-9252
  • Neely Farms Subdivision, Jerome Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,240

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Cross Street: Lindsay/Warner
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 28.78
  • Basement: N
  • Items Updated Pool Yr Updated: 2007
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1998
  • Tax Year: 2012
  • Master Model: Jerome
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: kwaz11
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: Neely Farms
  • General Property Description:PriceSqFt: 142.75
  • Association Fees:HOA Fee2: 86.36
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1401.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Storage
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Front, Synthetic Grass Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 86.36
  • Association Fee Frequency: Quarterly
  • Association Name: Neely Farms
  • Phone: 602-954-9252
  • 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: Neely Farms
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Settler's Point Elementary
  • 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: 5920.0
  • Parcel #: 309-14-352

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1240.0
  • Tax Book Number: 309.00
  • Tax Lot: 352
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2013
Closed on
Jun 12, 2013
Sold by
Burgess Phyllis
Bought by
Wilson Kevin L
Seller's Agent
Brian Gubernick
Keller Williams Realty Phoenix
Buyer's Agent
Rocky Burgess
World Class Properties
List Price
$160,000
Sold Price
$200,000
Premium/Discount to List
$40,000
25%
Current Estimated Value
$469,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,024
Avg. Annual Appreciation
7.04%
Original Mortgage
$180,000
Outstanding Balance
$127,067
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$341,957

Purchase Details

Closed on
May 21, 2008
Sold by
Burgess Phyllis
Bought by
Pb Trust

Purchase Details

Closed on
Feb 12, 2008
Sold by
Smart Parlay Ventures Llc
Bought by
Burgess Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Hsbc Bank Usa N A
Bought by
Spv Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Allen Evelyn
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Nov 23, 2005
Sold by
Allen Paul
Bought by
Allen Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 8, 2003
Sold by
Dexter David A and Dexter Ruth E
Bought by
Dexter David A and Dexter Ruth E

Purchase Details

Closed on
Jul 8, 2002
Sold by
Halter Steve and Halter Tammy
Bought by
Dexter David A and Dexter Ruth E

Purchase Details

Closed on
Sep 3, 1998
Sold by
Continental Homes Inc
Bought by
Halter Steve and Demaio Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,300
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Kevin L $200,000 Fidelity National Title Agen
Pb Trust -- None Available
Burgess Phyllis $243,000 Security Title Agency Inc
Spv Llc $200,000 Lsi Title Agency
Hsbc Bank Usa Na $244,040 None Available
Allen Evelyn -- First American Title Ins Co
Allen Evelyn $286,000 First American Title Ins Co
Dexter David A -- --
Dexter David A $150,000 Fidelity National Title
Halter Steve $121,753 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kevin L $180,000
Previous Owner Burgess Phyllis $194,400
Previous Owner Allen Evelyn $57,200
Previous Owner Allen Evelyn $228,800
Previous Owner Halter Steve $128,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $200,000 +25.0% $143 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $160,000 -- $114 / 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 $1,862 $20,319 -- --
2024 $1,802 $19,351 -- --
2023 $1,802 $34,130 $6,820 $27,310
2022 $1,752 $25,720 $5,140 $20,580
2021 $1,812 $24,330 $4,860 $19,470
2020 $1,785 $22,480 $4,490 $17,990
2019 $1,658 $20,520 $4,100 $16,420
2018 $1,613 $19,080 $3,810 $15,270
2017 $1,561 $17,330 $3,460 $13,870
2016 $1,602 $16,570 $3,310 $13,260
2015 $1,461 $15,720 $3,140 $12,580
Source: Public Records

Agents Affiliated with this Home

  • Brian Gubernick

    Seller's Agent in 2013

    Brian Gubernick

    Keller Williams Realty Phoenix

    (480) 314-4442

    1 in this area

    39 Total Sales

    Brian Gubernick
    Section Image
  • Marign Mccarthy

    Seller Co-Listing Agent in 2013

    Marign Mccarthy

    My Home Group

    (719) 651-6499

    230 Total Sales

    Marign Mccarthy
    Section Image

  • R

    Buyer's Agent in 2013

    Rocky Burgess

    World Class Properties

    (877) 502-5858

    575 Total Sales

    Rocky Burgess
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4878843

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-14-352

Arizona Maricopa County Gilbert 85296 Heritage District

507 E Devon Dr, 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

Nearby Homes