NOT LISTED FOR SALE

540 E Cathy Dr Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $431,000 - $468,000

3 Beds
2 Baths
1,401 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $189,000 $135 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,512/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Double Pane Windows
  • Settlers Point Elementary School Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2014

Clean, Bright and Move-In Ready! Popular great room floor plan with three bedrooms and two full baths. Split floor plan is very open with soaring vaulted ceilings. All three bedrooms with walk in closets. Kitchen is large and open with plenty of cupboard space and gas cooktop. Enjoy an open canvas with neutral paint and plush, neutral carpet. Beautiful ceiling fans in all bedrooms and main areas. Washer, Dryer and Refrigerator are all included! Backyard is meticulously groomed with a large covered patio. This home sits on a N/S facing lot in the desirable area of Neely Farms. Award winning schools and excellent central location. Shopping, dining and entertainment all around with close proximity to both the US 60 and Loop 202. Quick close possible.

Last Agent to Sell the Property

Marci Burgoyne

Crown Key Real Estate Brokerage Phone: 480-332-3300 License #BR525176000 Listed on: 01/09/2014

Last Buyer's Agent

Cindy White

HomeSmart Lifestyles License #SA572624000

HomeSmart Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1998

Lot Details

  • 5,807 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 314
  • Assessor Parcel Number 309-14-314

Community Details

Overview

  • Association fees include ground maintenance
  • Neely Farms Association, Phone Number (602) 957-9191
  • Built by Continental
  • Neely Farms Subdivision, Jerome Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Cross Street: Lindsay and Warner
  • 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: 28.12
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2013
  • Master Model: Jerome
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Neely Farms
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 134.9
  • Association Fees:HOA Fee2: 84.36
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1401.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 84.36
  • Association Fee Frequency: Quarterly
  • Association Name: Neely Farms
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Neely Farms
  • 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: Gilbert 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: 5807.0
  • Parcel #: 309-14-314

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1232.0
  • Tax Book Number: 309.00
  • Tax Lot: 314
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Jan 21, 2014
Sold by
Palacios Martin M
Bought by
Gao Hong
Seller's Agent
Marci Burgoyne
Crown Key Real Estate
Buyer's Agent
Cindy White
HomeSmart Lifestyles
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%
Current Estimated Value
$452,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,095
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Mar 4, 1998
Sold by
Continental Homes Inc
Bought by
Palacios Martin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
6.99%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 1997
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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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
Gao Hong $189,000 Driggs Title Agency Inc
Palacios Martin M $116,105 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Martin M $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $189,000 -3.1% $135 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $195,000 -- $139 / 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 $1,394 $18,833 -- --
2024 $1,387 $17,936 -- --
2023 $1,387 $32,400 $6,480 $25,920
2022 $1,345 $24,460 $4,890 $19,570
2021 $1,420 $23,110 $4,620 $18,490
2020 $1,398 $21,330 $4,260 $17,070
2019 $1,536 $19,380 $3,870 $15,510
2018 $1,495 $18,010 $3,600 $14,410
2017 $1,447 $16,270 $3,250 $13,020
2016 $1,485 $15,550 $3,110 $12,440
2015 $1,135 $14,630 $2,920 $11,710
Source: Public Records

Agents Affiliated with this Home

  • Marci Burgoyne

    Seller's Agent in 2014

    Marci Burgoyne

    Crown Key Real Estate

    (480) 332-3300

    108 Total Sales

    Marci Burgoyne
    Section Image
  • Cindy White

    Buyer's Agent in 2014

    Cindy White

    HomeSmart Lifestyles

    (480) 206-7100

    58 Total Sales

    Cindy White
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5051328

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-14-314

Arizona Maricopa County Gilbert 85296 Heritage District

540 E Cathy Dr, 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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