NOT LISTED FOR SALE

541 S Oak St Gilbert, AZ 85233

Heritage District Neighborhood

Estimated Value: $655,000 - $743,000

5 Beds
2.5 Baths
3,170 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $640,000 $202 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,921/month

2 Days on Market

Highlights

  • Heated Pool
  • RV Gated
  • Waterfront
  • Gilbert Elementary School Rated A-
  • Solar Power System
  • Community Lake

About This Home

As of July 2023

Beautiful waterfront home with downstairs primary suite in peaceful lake community of Lago Estancia. Step inside to find soaring vaulted ceilings and a spacious open floorplan. Separate yet flowing front and great rooms provide ample living space. The kitchen boasts a large island with breakfast bar and dining nook with bay window overlooking the water. The primary suite on the first floor features dual closets, dual sinks, separate shower and tub, and private exit to pool area. Upstairs, you'll find a small loft with built-in storage plus four additional large bedrooms, including one with balcony access. Step out back to the sparkling pool and plenty of room to entertain while enjoying the spectacular water view. Prime location close to downtown Gilbert.

Last Agent to Sell the Property

Holly Poty

Real Broker License #SA641559000 Listed on: 06/15/2023

Real Broker

Last Buyer's Agent

Aaron hou

Realty ONE Group License #SA689387000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1994

Lot Details

  • 7,074 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Heated Pool
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 302-35-056

Community Details

Overview

  • Association fees include ground maintenance
  • Brown Comm Mgmt Association, Phone Number (480) 539-1396
  • Built by UDC HOMES INC
  • Parcels 8 & 9 Of Lago Estancia Lot 1 90 Tr A J Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1994

Lot Details

7,074 Sq Ft Lot

HOA Fees

$77 per month

Parking

3

Listing Details

  • Cross Street: S Gilbert Rd & E Warner Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 77.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Solar Panelsk W: 10.44
  • Year Built: 1994
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PARCELS 8 & 9 OF LAGO ESTANCIA LOT 1-90 TR A-J
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 201.89
  • Association Fees:HOA Fee2: 77.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3170.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Desert Back, Desert Front
  • Pool Features: Heated, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • 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
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: 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: Lake, Playground, Biking/Walking Path
  • Association Fee: 77.0
  • Association Fee Frequency: Monthly
  • Association Name: Lago Estancia
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lago Estancia
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 154.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 210.0
  • Association Fees:Other Fees Description: $25 homewise doc; $185 resale new owner
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Comm Mgmt
  • Association Fees:HOA Management Phone: 480-539-1396

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: 7074.0
  • Parcel #: 302-35-056

Building Info

  • Builder Name: UDC HOMES INC

Tax Info

  • Tax Annual Amount: 2757.0
  • Tax Book Number: 302.00
  • Tax Lot: 48
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 10, 2023
Sold by
Hache Edward A
Bought by
Yuan Xihao
Seller's Agent
Holly Poty
Real Broker
Buyer's Agent
Aaron hou
Realty ONE Group
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
44
Current Estimated Value
$691,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,741
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 20, 2016
Sold by
Bradley William L and Bradley Tina L
Bought by
Hache Edward A
Seller's Agent
Ruth Hansen
Realty ONE Group
Buyer's Agent
Ruth Hansen
Realty ONE Group
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$329,900
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 1995
Sold by
North American Title Agency Of Az Inc
Bought by
Bradley William L and Bradley Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1994
Sold by
Broad Land Properties Lago Usa Inc
Bought by
Udc Homes 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 Buyer Sale Price Title Company
Yuan Xihao $640,000 Security Title Agency
Hache Edward A $359,900 Empire West Title Agency
Bradley William L $178,116 North Amer Title Agency Inc
Udc Homes Inc $84,000 First Service Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hache Edward A $329,900
Previous Owner Bradley William L $122,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2023 07/10/23 Sold $640,000 -1.5% $202 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $650,000 +80.6% $205 / Sq Ft
09/20/2016 09/20/16 Sold $359,900 0.0% $114 / Sq Ft View Prior Sale
08/03/2016 08/03/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $359,900 -- $114 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,942 $38,662 -- --
2024 $2,845 $36,821 -- --
2023 $2,845 $49,410 $9,880 $39,530
2022 $2,757 $38,070 $7,610 $30,460
2021 $2,913 $35,860 $7,170 $28,690
2020 $2,864 $33,360 $6,670 $26,690
2019 $2,633 $31,950 $6,390 $25,560
2018 $2,558 $30,760 $6,150 $24,610
2017 $2,469 $29,230 $5,840 $23,390
2016 $2,541 $28,630 $5,720 $22,910
2015 $2,320 $30,000 $6,000 $24,000
Source: Public Records

Agents Affiliated with this Home

  • Holly Poty

    Seller's Agent in 2023

    Holly Poty

    Real Broker

    (480) 225-4772

    1 in this area

    57 Total Sales

    Holly Poty
    Section Image

  • A

    Buyer's Agent in 2023

    Aaron hou

    Realty One Group

    Section Image

  • G

    Buyer's Agent in 2023

    Guangxian Hou

    eXp Realty

  • Ruth Hansen

    Seller's Agent in 2016

    Ruth Hansen

    Realty One Group

    (602) 692-3248

    2 in this area

    48 Total Sales

    Ruth Hansen
    Section Image

  • B

    Buyer's Agent in 2016

    Becky Hansen

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6569598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-35-056

Arizona Maricopa County Gilbert 85233 Heritage District

541 S Oak St, 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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