$775,000
SOLD NOV 19, 2018
4 Beds
4.5 Baths
3,499 Sq Ft
0.26 Acres

Recently Sold

$221 Per Sq Ft

Highlights

  • Fireplace
  • Landscaped with Trees
  • Garage
  • Power Ranch Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • South Facing Home

About This Home

As of July 2023

This home is located at 5197 S Tatum Ln, Gilbert, AZ 85298 and is currently priced at $775,000, approximately $221 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.

Last Agent to Sell the Property

Felice Katz-Bobo

HomeSmart Professionals License #SA652652000 Listed on: 11/19/2018

Last Buyer's Agent

Non Board

Non-Board Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,501

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • South Facing Home
  • Landscaped with Trees

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 3,499 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 304-73-225

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,501

Year Built

Built in 2014

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Additional Parcels YN: No
  • Estimated Number of Acres: 0.26
  • Estimated Sq Ft: 3499.00
  • Assessor Parcel Number: 304-73-225
  • House Faces: S
  • Directions: (L) on Recker Rd. from E Queen Creek Rd. First (R) onto E Azalea Dr. (R) onto E Bridges Blvd. First (L) onto S Ponderosa Dr. Third (L) onto E Mia Ln. First (R) onto S Tatum Ln. The home is on the
  • Fees Frequency: Quarterly
  • Fireplace Wood Stove: Fireplace
  • HOA Fees: 213.00
  • Listing Member Name: Felice Katz-Bobo
  • Listing Office Short Id: homesmartprof
  • Open House Office I D: 20160729192421242858000000
  • O W C: No
  • Prop. Type: Residential
  • Residential Type: Site Built
  • Selling Member Short Id: 101010101
  • Selling Office Short Id: Non-Board
  • Subdivision Neighborhood: Other Areas
  • Trees On Property: Yes
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.50
  • Total Bedrooms: 4

Exterior Features

  • Horses Allowed On Property: No
  • Road Maintenance: City

Garage/Parking

  • Carport: No
  • Garage Spaces: Yes

Utilities

  • Cooling: Central A/C
  • Heating: Forced Air, Natural Gas
  • Power Available: Yes
  • Sewer Available: Yes
  • Utilities Available: Electric - Individual Metered, Metered Water, Sewer, Telephone
  • Water Available: Yes

Condo/Co-op/Association

  • HOA: Yes

Schools

  • School District: Other

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 Type Sale Price Title Company
Warranty Deed $1,315,500 First Arizona Title
Warranty Deed $775,000 Security Title Agency Inc
Special Warranty Deed $785,775 Pioneer Title Agency Inc
Special Warranty Deed -- Pioneer Title Agency Inc
Special Warranty Deed $226,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,052,000 New Conventional
Previous Owner $274,000 New Conventional
Previous Owner $665,175 Stand Alone Refi Refinance Of Original Loan
Previous Owner $665,175 New Conventional
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: White Mountain Association of REALTORS®

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

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Map

Source: White Mountain Association of REALTORS®

MLS Number: 222512

White Mountain Association of REALTORS®

APN: 304-73-225