$502,000
SOLD APR 14, 2022
3 Beds
2 Baths
1,479 Sq Ft
4,918 Sq Ft Lot

Recently Sold

$339 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Above Ground Spa
  • Community Lake
  • Fireplace
  • Gilbert Elementary School Rated A-
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of April 2022

Beautifully updated 3 bedroom 2 bath home in the lake community Lago Estancia in the heart of Gilbert just a mile from the historic heritage district. Vaulted ceilings in the Living room allow beautiful natural light to fill the open space. The plant shelves have been wired for lights as well. Slider doors in the living room and primary bedroom take you to your own private oasis with built in BBQ, firepit and spa. The primary bath has been updated with granite countertops, decorative backsplash and double sinks. Additionally you'll find raised panel doors throughout, ceiling fans in every room, programmable thermostat, sun screens on all windows and upgraded granite countertops in the second bathroom, kitchen and dining room bar. Walk in closets in all bedrooms. The kitchen has a cozy breakfast nook with bay window, gray painted oak cabinets and granite countertops as well as stainless steel appliances.
Lago Estancia is about 3.5 miles south of the US60 and 3.5 miles north of the new 202 freeway. The historical district of Gilbert is only 1 mile to the east.
The walking paths that follow the waterfront along much of the shoreline give Lago Estancia a close knit feel and allows all the residents to enjoy peaceful walks along the water. While this Gilbert waterfront community may not get the publicity of other subdivisions such as The Islands and Val Vista Lakes, it definitely has it's own charm and character.

Last Agent to Sell the Property

Heather Macpherson

Realty ONE Group License #SA655252000 Listed on: 03/17/2022

Last Buyer's Agent

Cynthia Urtuzuastegui

West USA Realty License #SA694302000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1995

Lot Details

  • 4,918 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,479 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Above Ground Spa
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 302-35-258

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Management Association, Phone Number (480) 844-2224
  • Built by Lennar
  • Parcel 10 Of Lago Estancia Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1995

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Cross Street: Gilbert and Warner
  • Legal Info Range: 5E
  • 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: 71.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2021
  • Directions: North on Gilbert to Long Meadow, West to Lago Blvd, North to Ash, East to home on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: PARCEL 10 OF LAGO ESTANCIA
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 71.0
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1479.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Fee: 71.0
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lago Estancia
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City Management
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Mesquite 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: 4918.0
  • Parcel #: 302-35-258

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 1363.0
  • Tax Book Number: 302.00
  • Tax Lot: 40
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
May 10, 2018
Sold by
Derose Luigi
Bought by
Peralta Christopher C
Seller's Agent
Luigi DeRose
West USA Realty
Buyer's Agent
Daniel Srdic
Fathom Realty Elite
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$479,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,701
Avg. Annual Appreciation
7.80%
Original Mortgage
$255,494
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 3, 2013
Closed on
Sep 24, 2013
Sold by
Bughardt Barbara Lee and Gottwalt Heidi
Bought by
Derose Luigi
Seller's Agent
Barton Haiduk
Haiduk Realty Experience
Buyer's Agent
Luigi DeRose
West USA Realty
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$176,739
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2003
Sold by
Burghardt Barbara Lee
Bought by
Burghardt Barbara Lee and Gottwalt Heidi

Purchase Details

Closed on
Aug 22, 2003
Sold by
Wesson Lawrence E and Wesson Eileen K
Bought by
Burghardt Barbara Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Wesson Lawrence E and Wesson Eileen K
Bought by
Wesson Lawrence E and Wesson Eileen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1997
Sold by
Wesson Lawrence E and Wesson Eileen K
Bought by
Wesson Lawrence E and Wesson Eileen K

Purchase Details

Closed on
Jan 25, 1996
Sold by
Lennar Homes Of Arizona Inc
Bought by
Wesson Lawrence E and Wesson Eileen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1994
Sold by
Broad Land Properties Lago Inc
Bought by
Lennar Communities Development Inc
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 Type Sale Price Title Company
Warranty Deed $279,000 Infinity Title Agency Llc
Warranty Deed $180,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Warranty Deed $153,000 Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Joint Tenancy Deed $100,640 First Southwestern Title
Warranty Deed -- First Southwestern Title
Cash Sale Deed $83,520 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 New Conventional
Closed $255,494 FHA
Previous Owner $176,739 FHA
Previous Owner $19,500 Credit Line Revolving
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $80,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $502,000 +3.5% $339 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $485,000 +73.8% $328 / Sq Ft
05/16/2018 05/16/18 Sold $279,000 0.0% $189 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $279,000 +55.0% $189 / Sq Ft
10/30/2013 10/30/13 Sold $180,000 -5.3% $122 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/06/2013 09/06/13 Price Changed $190,000 -5.0% $128 / Sq Ft
08/20/2013 08/20/13 For Sale $200,000 0.0% $135 / Sq Ft
08/20/2013 08/20/13 Price Changed $200,000 +11.1% $135 / Sq Ft
07/05/2013 07/05/13 Off Market $180,000 -- --
07/02/2013 07/02/13 For Sale $190,000 -- $128 / 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 $1,320 $18,174 -- --
2024 $1,332 $17,309 -- --
2023 $1,332 $31,480 $6,290 $25,190
2022 $1,290 $24,460 $4,890 $19,570
2021 $1,363 $22,700 $4,540 $18,160
2020 $1,341 $20,950 $4,190 $16,760
2019 $1,234 $19,150 $3,830 $15,320
2018 $1,197 $17,330 $3,460 $13,870
2017 $1,156 $15,900 $3,180 $12,720
2016 $1,189 $15,610 $3,120 $12,490
2015 $1,089 $14,270 $2,850 $11,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6369211

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-258