NOT LISTED FOR SALE

540 E Orchid Ln Gilbert, AZ 85296

Heritage District Neighborhood

Estimated Value: $692,000 - $714,954

5 Beds
3 Baths
3,023 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2017

Last sale price $325,000 $108 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,094 / mo

57 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • Settlers Point Elementary School Rated A-
  • Spanish Architecture
  • Granite Countertops

About This Home

As of February 2017

JUST REDUCED 1/19! * LARGE FAMILY HOME IN DESIREABLE LINDAY MEADOWS. 3 CAR GARAGE * OVERSIZED LOT * VAULTED CEILINGS * GRANITE COUNTERTOPS * ISLAND KITCHEN * WOOD FLOORING * PLANTATION SHUTTERS * RECESSED LIGHTING * STAINLESS STEEL APPLIANCES * DOWNSTAIRS GUEST BEDROOM AND FULL BATH * LARGE MASTER BEDROOM * WALK IN CLOSETS * BUILT IN BARBECUE * LARGE FENCED POOL * DON'T MISS THIS ONE

Last Agent to Sell the Property

Russell Shaw

Realty One Group License #BR008345000 Listed on: 11/25/2016

Realty One Group

Last Buyer's Agent

Michael Kent

RE/MAX Fine Properties License #SA550891000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1998

Lot Details

  • 8,032 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,023 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 304-24-816

Community Details

Overview

  • Association fees include ground maintenance
  • Lindsay Meadows Association, Phone Number (480) 704-2900
  • Built by RICHMOND AMERICAN
  • Lindsay Meadows Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 1998

Lot Details

8,032 Sq Ft Lot

HOA Fees

$46 per month

Parking

3

Listing Details

  • Cross Street: LINDSAY & RAY
  • 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: 46.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LINDSAY MEADOWS
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 107.5
  • Association Fees:HOA Fee2: 138.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3023.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 138.0
  • Association Fee Frequency: Quarterly
  • Association Name: LINDSAY MEADOWS
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 370.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: LINDSAY MEADOWS
  • 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: Campo Verde 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: 8032.0
  • Parcel #: 304-24-816
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RICHMOND AMERICAN

Tax Info

  • Tax Annual Amount: 2096.0
  • Tax Book Number: 304.00
  • Tax Lot: 113
  • Tax Map Number: 24.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bought by
Current Estimated Value
$702,739

Purchase Details

Closed on
Apr 17, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 25, 2016
Closed on
Jan 31, 2017
Sold by
Bought by
Seller's Agent
Russell Shaw
Realty One Group
Buyer's Agent
Michael Kent
RE/MAX Fine Properties
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$308,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,655
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,399
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,017
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,017
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,017
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2011
Sold by
Bought by

Purchase Details

Closed on
May 8, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,200
Interest Rate
7.13%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- American Title Svc Agency Ll
$325,000 American Title Svc Agency Ll
-- Pioneer Title Agency Inc
-- Empire West Title Agency
-- Accommodation
-- Great American Title Agency
$236,000 Great American Title Agency
$282,666 Great American Title Agency
$175,436 Old Republic Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $40,000
Previous Owner $308,750
Previous Owner $270,655
Previous Owner $228,399
Previous Owner $230,017
Previous Owner $230,017
Previous Owner $96,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $325,000 -3.0% $108 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $334,900 -1.5% $111 / Sq Ft
12/12/2016 12/12/16 Price Changed $339,900 -2.9% $112 / Sq Ft
12/02/2016 12/02/16 For Sale $349,900 +7.7% $116 / Sq Ft
11/25/2016 11/25/16 Off Market $325,000 -- --
11/25/2016 11/25/16 For Sale $349,900 -- $116 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,848 $34,636 -- --
2024 $3,080 $32,987 -- --
2023 $3,080 $49,800 $9,960 $39,840
2022 $2,993 $37,500 $7,500 $30,000
2021 $3,096 $35,580 $7,110 $28,470
2020 $3,050 $33,330 $6,660 $26,670
2019 $2,834 $31,510 $6,300 $25,210
2018 $3,205 $30,160 $6,030 $24,130
2017 $2,221 $29,150 $5,830 $23,320
2016 $2,300 $28,480 $5,690 $22,790
2015 $2,096 $28,080 $5,610 $22,470
Source: Public Records

Agents Affiliated with this Home

  • Russell Shaw

    Seller's Agent in 2017

    Russell Shaw

    Realty One Group

    (602) 957-7777

    3 in this area

    356 Total Sales

    Russell Shaw
    Section Image
  • Michael Kent

    Buyer's Agent in 2017

    Michael Kent

    RE/MAX

    (480) 459-7258

    4 in this area

    426 Total Sales

    Michael Kent
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5529143

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-24-816

Arizona Maricopa County Gilbert 85296 Heritage District

540 E Orchid Ln, Gilbert, AZ

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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