531 E Elgin Ct Gilbert, AZ 85295
Southwest Gilbert NeighborhoodEstimated Value: $748,000 - $1,025,000
5
Beds
4.5
Baths
4,563
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Two Way Fireplace
- Wood Flooring
- Cul-De-Sac
- Quartz Hill Elementary School Rated A
- Granite Countertops
- Eat-In Kitchen
About This Home
As of August 2022Relocation forces sale! Impressively proportioned split-level, basement home on a cul-de-sac has been thoughtfully updated by current owners.
Private courtyard welcomes you to main floor that encompasses three spacious bedrooms, study (opt 4th bedroom) with 2- 1/2 bathrooms. The secluded master bedroom, offers ensuite, large walk-in-closet, with direct access private back yard w/lush & mature landscaping. A sleek & stylish kitchen connects to a bright eat in dining & family room. FR shares a 2-sided fire-place w/formal living/dining room, or library which complete main floor. Basement is perfectly nestled off private hallway & hosts 2 split level bedrooms, each with a bathroom & separated by an enormous multi-functional living space. Ample storage throughout.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Arizona Properties License #SA678298000 Listed on: 05/26/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,011
Year Built
- Built in 2003
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Front Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $95 Monthly HOA Fees
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- Room Addition Constructed in 2022
- Brick Exterior Construction
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 4,563 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Two Way Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Kitchen Updated in 2022
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Floors Updated in 2021
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2022
- Primary Bathroom is a Full Bathroom
- 4.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Patio
- Built-In Barbecue
Schools
- Quartz Hill Elementary School
- South Valley Jr. High Middle School
- Campo Verde High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Plumbing System Updated in 2021
Listing and Financial Details
- Tax Lot 98
- Assessor Parcel Number 309-29-098
Community Details
Overview
- Association fees include street maintenance
- Vision Association, Phone Number (480) 759-4945
- Built by Fulton
- Vintage Ranch Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Jul 26, 2022
Sold by
Devens Aubrey M and Devens Jason M
Bought by
Patterson Family Trust
Seller's Agent
Lisa Anderson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
James Patterson
HomeSmart
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,268
Avg. Annual Appreciation
-1.28%
Original Mortgage
$755,000
Outstanding Balance
$728,096
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$265,013
Purchase Details
Listed on
Aug 13, 2021
Closed on
Aug 31, 2021
Sold by
Morris Investments Llc
Bought by
Devens Aubrey M and Devens Jason M
Seller's Agent
Heather Morris
West USA Realty
Buyer's Agent
Lisa Anderson
Berkshire Hathaway HomeServices Arizona Properties
List Price
$850,000
Sold Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Original Mortgage
$680,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2014
Sold by
Morris Alex O and Morris Heather N
Bought by
Morris Investments Llc
Purchase Details
Closed on
Jan 22, 2004
Sold by
Fulton Homes Sales Corp
Bought by
Morris Alex O and Morris Heather N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patterson Family Trust | $1,030,000 | Chicago Title | |
| Devens Aubrey M | $850,000 | Chicago Title Agency | |
| Morris Investments Llc | -- | None Available | |
| Morris Alex O | $468,187 | The Talon Group Title Settlm | |
| Fulton Homes Sales Corp | $363,369 | The Talon Group Title Settle |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patterson Family Trust | $755,000 | |
| Previous Owner | Devens Aubrey M | $680,000 | |
| Previous Owner | Morris Alex O | $205,000 | |
| Previous Owner | Morris Alex O | $161,000 | |
| Previous Owner | Morris Alex O | $333,700 | |
| Closed | Morris Alex O | $111,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $1,030,000 | +0.5% | $226 / Sq Ft |
| 06/15/2022 06/15/22 | Pending | -- | -- | -- |
| 06/14/2022 06/14/22 | Price Changed | $1,025,000 | -4.7% | $225 / Sq Ft |
| 06/06/2022 06/06/22 | Price Changed | $1,075,000 | -2.3% | $236 / Sq Ft |
| 05/26/2022 05/26/22 | For Sale | $1,100,000 | +29.4% | $241 / Sq Ft |
| 09/03/2021 09/03/21 | Sold | $850,000 | 0.0% | $188 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $850,000 | 0.0% | $188 / Sq Ft |
| 09/20/2019 09/20/19 | Rented | $3,000 | 0.0% | -- |
| 09/13/2019 09/13/19 | Under Contract | -- | -- | -- |
| 09/06/2019 09/06/19 | For Rent | $3,000 | +30.4% | -- |
| 09/12/2014 09/12/14 | Rented | $2,300 | -8.0% | -- |
| 09/03/2014 09/03/14 | Under Contract | -- | -- | -- |
| 06/11/2014 06/11/14 | For Rent | $2,500 | +8.7% | -- |
| 06/29/2013 06/29/13 | Rented | $2,300 | 0.0% | -- |
| 06/22/2013 06/22/13 | Under Contract | -- | -- | -- |
| 06/14/2013 06/14/13 | For Rent | $2,300 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,647 | $36,132 | -- | -- |
| 2024 | $3,389 | $34,411 | -- | -- |
| 2023 | $3,389 | $59,320 | $11,860 | $47,460 |
| 2022 | $3,278 | $45,900 | $9,180 | $36,720 |
| 2021 | $4,011 | $43,420 | $8,680 | $34,740 |
| 2020 | $3,951 | $41,270 | $8,250 | $33,020 |
| 2019 | $3,669 | $38,770 | $7,750 | $31,020 |
| 2018 | $3,573 | $36,210 | $7,240 | $28,970 |
| 2017 | $3,457 | $34,080 | $6,810 | $27,270 |
| 2016 | $4,067 | $32,780 | $6,550 | $26,230 |
| 2015 | $2,713 | $31,270 | $6,250 | $25,020 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Anderson
Seller's Agent in 2022
Lisa Anderson
Berkshire Hathaway HomeServices Arizona Properties
(540) 422-1938
3 in this area
12 Total Sales
-
James Patterson
J
Buyer's Agent in 2022
James Patterson
HomeSmart
(602) 459-1374
1 in this area
25 Total Sales
-
Heather Morris
H
Seller's Agent in 2021
Heather Morris
West USA Realty
(602) 369-4568
1 in this area
9 Total Sales
-
Linda Bonham
Buyer Co-Listing Agent in 2021
Linda Bonham
Berkshire Hathaway HomeServices Arizona Properties
(602) 390-1522
2 in this area
25 Total Sales
-
Rashmi Seth
Buyer's Agent in 2019
Rashmi Seth
West USA Realty
(480) 235-9550
5 Total Sales
-
Buyer's Agent in 2013
Heidi Tourangeau
Keller Williams Realty East Valley
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6406420
APN: 309-29-098
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.
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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