NOT LISTED FOR SALE

516 E Devon Dr Unit III Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $441,000 - $466,000

3 Beds
2 Baths
1,401 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $277,000 $198 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,534/month

31 Days on Market

Highlights

  • Breakfast Bar
  • Community Playground
  • Tile Flooring
  • Settlers Point Elementary School Rated A-
  • Security System Owned
  • Central Air

About This Home

As of May 2019

This Gilbert one-story offers a den and a two-car garage. Upgraded features include fresh interior paint throughout. This home is part of the Neely Farms HOA.

Home comes with a 30-day buyback guarantee. Terms and conditions apply.

Last Agent to Sell the Property

Eugene Quackenbush

Venture REI, LLC Brokerage Email: homes@opendoor.com License #BR647565000 Listed on: 03/14/2019

Last Buyer's Agent

Elizabeth Miller

Graystone Realty License #SA585918000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1998

Lot Details

  • 5,475 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $28 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
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Settler's Point Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 366
  • Assessor Parcel Number 309-14-366

Community Details

Overview

  • Association fees include ground maintenance
  • Neely Farms HOA, Phone Number (800) 354-0257
  • Built by CONTINENTAL HOMES
  • Neely Farms Unit 3 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 28.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: NEELY FARMS UNIT 3
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 197.72
  • Association Fees:HOA Fee2: 85.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1401.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 85.0
  • Association Fee Frequency: Quarterly
  • Association Name: Neely Farms HOA
  • Phone: 800-354-0257
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Neely Farms HOA
  • 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: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5475.0
  • Parcel #: 309-14-366

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 1236.0
  • Tax Book Number: 309.00
  • Tax Lot: 366
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 15, 2019
Sold by
Opendoor Property N Llc
Bought by
Grady Caitlin Elizabeth and Grady Riley James
Seller's Agent
Eugene Quackenbush
Venture REI, LLC
Buyer's Agent
Elizabeth Miller
West USA Realty
List Price
$283,000
Sold Price
$277,000
Premium/Discount to List
-$6,000
-2.12%
Current Estimated Value
$454,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,423
Avg. Annual Appreciation
7.78%
Original Mortgage
$257,610
Outstanding Balance
$225,567
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$228,856

Purchase Details

Closed on
Feb 26, 2019
Sold by
Weisner Angela
Bought by
Opendoor Property N Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 12, 2014
Sold by
Larson Hope
Bought by
Weisner Angela
Seller's Agent
Russell Hickman
AZ Brokerage Holdings, LLC
Buyer's Agent
Heather Page
Race4Home Realty LLC
List Price
$188,900
Sold Price
$184,000
Premium/Discount to List
-$4,900
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$180,667
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2011
Sold by
Pinzon Densy
Bought by
Larson Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2003
Sold by
Grace Mitchum D and Munday Scarlett V
Bought by
Pinzon Densy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2002
Sold by
Wright Kathy A
Bought by
Grace Mitchum D and Munday Scarlett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,578
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1998
Sold by
Continental Homes Inc
Bought by
Wright Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1998
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grady Caitlin Elizabeth $277,000 Os National Llc
Opendoor Property N Llc $262,000 Os National Llc
Weisner Angela $184,000 Lawyers Title Of Arizona Inc
Larson Hope $115,000 Empire West Title Agency
Pinzon Densy $150,000 Guaranty Title Agency
Grace Mitchum D $143,800 First American Title Ins Co
Wright Kathy A $120,158 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady Caitlin Elizabeth $257,610
Previous Owner Opendoor Property N Llc $150,000,000
Previous Owner Weisner Angela $180,667
Previous Owner Larson Hope $112,084
Previous Owner Pinzon Densy $147,850
Previous Owner Grace Mitchum D $141,578
Previous Owner Wright Kathy A $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2019 05/16/19 Sold $277,000 +0.7% $198 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $275,000 -1.1% $196 / Sq Ft
04/04/2019 04/04/19 Price Changed $278,000 -0.7% $198 / Sq Ft
03/21/2019 03/21/19 Price Changed $280,000 -1.1% $200 / Sq Ft
03/14/2019 03/14/19 For Sale $283,000 +53.8% $202 / Sq Ft
10/08/2014 10/08/14 Sold $184,000 -2.6% $131 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $188,900 0.0% $135 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/17/2014 07/17/14 Price Changed $188,900 -3.3% $135 / Sq Ft
07/11/2014 07/11/14 Price Changed $195,300 -0.1% $139 / Sq Ft
06/09/2014 06/09/14 For Sale $195,500 -- $140 / 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 $1,419 $18,663 -- --
2024 $1,375 $17,775 -- --
2023 $1,375 $32,110 $6,420 $25,690
2022 $1,333 $24,260 $4,850 $19,410
2021 $1,408 $22,930 $4,580 $18,350
2020 $1,888 $21,160 $4,230 $16,930
2019 $1,274 $19,210 $3,840 $15,370
2018 $1,236 $17,820 $3,560 $14,260
2017 $1,193 $16,110 $3,220 $12,890
2016 $1,235 $15,380 $3,070 $12,310
2015 $1,125 $14,480 $2,890 $11,590
Source: Public Records

Agents Affiliated with this Home

  • Eugene Quackenbush

    Seller's Agent in 2019

    Eugene Quackenbush

    Venture REI, LLC

    (623) 399-8275

    1 in this area

    95 Total Sales

    Eugene Quackenbush
    Section Image
  • Elizabeth Miller

    Buyer's Agent in 2019

    Elizabeth Miller

    Graystone Realty

    (623) 670-6243

    59 Total Sales

    Elizabeth Miller
    Section Image

  • R

    Seller's Agent in 2014

    Russell Hickman

    Realty Executives

    Section Image

  • H

    Buyer's Agent in 2014

    Heather Page

    Race4Home Realty LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5896058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-14-366

Arizona Maricopa County Gilbert 85296 Heritage District

516 E Devon Dr Unit III, 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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