NOT LISTED FOR SALE

5197 S Tatum Ln Gilbert, AZ 85298

Bridges at Gilbert Neighborhood

Estimated Value: $1,174,000 - $1,257,000

4 Beds
4.5 Baths
3,499 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,315,500 $376 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,311/month

4 Days on Market

Highlights

  • Heated Pool
  • Community Lake
  • Granite Countertops
  • Power Ranch Elementary School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of July 2023

DESERT DREAM AWAITS in South Gilbert's Premier Destination Lake community... THE BRIDGES. NOW OFFERING AN EXCEPTIONAL EXECUTIVE TW LEWIS/DAVID WEEKLEY Residence that is sure to deliver the AZ Lifestyle you've been searching for.

Last Agent to Sell the Property

Devin Guerrero

Realty ONE Group License #SA649849000 Listed on: 06/21/2023

Co-Listed By

Chris Guerrero

Realty ONE Group License #SA649847000

Last Buyer's Agent

Tammie Fischer

Orchard Brokerage License #SA566488000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,499 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Pool
  • Pool Pump
  • Spa

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Schools

  • Bridges Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 304-73-225

Community Details

Overview

  • Association fees include ground maintenance
  • Ccmc Association, Phone Number (833) 301-4538
  • Built by TW Lewis | David Weekley
  • The Bridges Subdivision, Coleta Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 2014

Lot Details

0

HOA Fees

$117 per month

Parking

3

Listing Details

  • Cross Street: Queen Creek & Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 116.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Spa Private: Yes
  • Tax Year: 2022
  • Master Model: Coleta
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: The Bridges
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 350.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, No Interior Steps, Kitchen Island, Double Vanity, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3499.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 350.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Bridges
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Bridges
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CCMC
  • Association Fees:HOA Management Phone: 833-301-4538

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Bridges Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11155.0
  • Parcel #: 304-73-225
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TW Lewis | David Weekley

Tax Info

  • Tax Annual Amount: 4310.0
  • Tax Book Number: 304.00
  • Tax Lot: 22
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 28, 2023
Sold by
Hirst Mark and Hirst Angela
Bought by
Schmitt Lynn E and Schmitt Andrew B
Seller's Agent
Devin Guerrero
Realty ONE Group
Buyer's Agent
Tammie Fischer
Orchard Brokerage
List Price
$1,295,000
Sold Price
$1,315,500
Premium/Discount to List
$20,500
1.58%
Views
54
Current Estimated Value
$1,224,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,318
Avg. Annual Appreciation
-2.74%
Original Mortgage
$1,052,000
Outstanding Balance
$1,032,667
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$214,586

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 21, 2018
Sold by
Materi Wayne B and Materi Susan
Bought by
Hirst Mark and Hirst Angela
Seller's Agent
Felice Katz-Bobo
Real Broker
Buyer's Agent
Edward Surchik
Realty Executives
List Price
$819,900
Sold Price
$775,000
Premium/Discount to List
-$44,900
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Sep 11, 2014
Sold by
Weekley Homes Arizona Llc
Bought by
Materi Wayne B and Materi Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,175
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 13, 2014
Sold by
T W Lewis Bridges Llc
Bought by
Weekley Homes Llc
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
Schmitt Lynn E $1,315,500 First Arizona Title
Hirst Mark $775,000 Security Title Agency Inc
Materi Wayne B $785,775 Pioneer Title Agency Inc
Weekley Homes Arizona Llc -- Pioneer Title Agency Inc
Weekley Homes Llc $226,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Lynn E $1,052,000
Previous Owner Materi Wayne B $274,000
Previous Owner Materi Wayne B $665,175
Previous Owner Materi Wayne B $665,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,315,500 0.0% $376 / Sq Ft
07/08/2023 07/08/23 Price Changed $1,315,500 +1.6% $376 / Sq Ft
06/21/2023 06/21/23 For Sale $1,295,000 +67.1% $370 / Sq Ft
11/19/2018 11/19/18 Sold $775,000 0.0% $221 / Sq Ft
08/23/2018 08/23/18 Sold $775,000 -5.5% $221 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $819,900 +5.8% $234 / Sq Ft
07/27/2018 07/27/18 Off Market $775,000 -- --
07/26/2018 07/26/18 For Sale $819,900 -- $234 / 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 $4,501 $54,163 -- --
2024 $4,512 $51,584 -- --
2023 $4,512 $82,270 $16,450 $65,820
2022 $4,310 $66,630 $13,320 $53,310
2021 $4,376 $62,560 $12,510 $50,050
2020 $4,447 $60,550 $12,110 $48,440
2019 $4,297 $58,180 $11,630 $46,550
2018 $4,143 $56,730 $11,340 $45,390
2017 $3,985 $51,300 $10,260 $41,040
2016 $3,959 $51,080 $10,210 $40,870
2015 $3,526 $42,630 $8,520 $34,110
Source: Public Records

Agents Affiliated with this Home

  • Devin Guerrero

    Seller's Agent in 2023

    Devin Guerrero

    Realty One Group

    (480) 861-6452

    9 in this area

    106 Total Sales

    Devin Guerrero
    Section Image
  • Chris Guerrero

    Seller Co-Listing Agent in 2023

    Chris Guerrero

    Realty One Group

    (602) 549-1458

    8 in this area

    101 Total Sales

    Chris Guerrero
    Section Image
  • Tammie Fischer

    Buyer's Agent in 2023

    Tammie Fischer

    Orchard Brokerage

    (480) 688-4715

    1 in this area

    48 Total Sales

    Tammie Fischer
    Section Image

  • F

    Seller's Agent in 2018

    Felice Katz-Bobo

    HomeSmart Professionals

  • N

    Seller Co-Listing Agent in 2018

    Non-MLS Agent

    Non-MLS Office

  • N

    Buyer's Agent in 2018

    Non Board

    Non-Board Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6571394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-73-225

Arizona Maricopa County Gilbert 85298 Bridges at Gilbert

5197 S Tatum Ln, Gilbert, AZ

This home is located at 5197 S Tatum Ln, Gilbert, AZ 85298 since 21 June 2023 and is currently estimated at $1,224,182, approximately $349 per square foot. This property was built in 2014. 5197 S Tatum Ln is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

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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