NOT LISTED FOR SALE

5437 S Forest Ave Gilbert, AZ 85298

Bridges at Gilbert Neighborhood

Estimated Value: $584,000 - $610,000

3 Beds
2 Baths
2,108 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $550,000 $261 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,443/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Dual Vanity Sinks in Primary Bathroom
  • Power Ranch Elementary School Rated A-
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of September 2021

This desirable 3 bedroom home with den is situated in the sought after community of The Bridges. The home offers spacious rooms, open living area, tile throughout and is perfect for entertaining. The sleek and stylish eat in kitchen features a large island, enriched cabinetry, pantry and granite counter-tops that any cook will love. The large master suite is complete with walk in closet, spacious bathroom with dual sinks, granite counters and separate tub and tiled shower. This home is full of upgrades: shutters, large premium corner lot, pavers in driveway, ceiling fans, water softener, 3 car garage, low maintenance landscaping equipped with synthetic grass.

Last Agent to Sell the Property

Shelly Schaffer

HomeSmart License #SA664533000 Listed on: 08/18/2021

HomeSmart

Last Buyer's Agent

Jay Jasper

Arizona Sunset Realty License #BR640909000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 2015

Lot Details

  • 7,391 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

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

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

  • Power Ranch Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Capital Association, Phone Number (480) 624-7020
  • Built by Woodside Homes
  • Bridges East Parcel 3 2 Subdivision

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 304-73-474

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 2015

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 100.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: BRIDGES EAST PARCEL 3-2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 260.91
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2108.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Bridges at Gilbe
  • Phone: 480-624-7020
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Bridges at Gilbe
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Capital
  • Association Fees:HOA Management Phone: 4806247020

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7391.0
  • Parcel #: 304-73-474

Building Info

  • Builder Name: Woodside Homes

Tax Info

  • Tax Annual Amount: 2357.0
  • Tax Book Number: 304.00
  • Tax Lot: 106
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 20, 2021
Sold by
Kriese Kenneth L
Bought by
Crooks Matthew and Crooks Ashley
Seller's Agent
Shelly Schaffer
HomeSmart
Buyer's Agent
Jay Jasper
Arizona Sunset Realty
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$604,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,876
Avg. Annual Appreciation
2.01%
Original Mortgage
$548,250
Outstanding Balance
$498,867
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$100,155

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 20, 2018
Sold by
Opendoor Property D Llc
Bought by
Kriese Kenneth L
Seller's Agent
Jeffery Hixson
LPT Realty, LLC
Buyer's Agent
Mary Markou
Keller Williams Integrity First
List Price
$400,000
Sold Price
$394,000
Premium/Discount to List
-$6,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$318,389
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 14, 2018
Sold by
Kriese Annette Rebecca
Bought by
Kriese Kenneth L
Seller's Agent
Jeffery Hixson
LPT Realty, LLC
Buyer's Agent
Mary Markou
Keller Williams Integrity First
List Price
$400,000
Sold Price
$394,000
Premium/Discount to List
-$6,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,389
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2018
Sold by
Martin Daniel J and Martin Roberta M
Bought by
Opendoor Property D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2015
Sold by
Martin Daniel and Martin Roberta M
Bought by
Martin Daniel J and Martin Roberta M

Purchase Details

Closed on
Apr 14, 2015
Sold by
Woodside Homes Sales Az Llc
Bought by
Martin Daniel and Martin Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,125
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2014
Sold by
Jen Arizona 5 Llc
Bought by
Woodside Homes Sales Az Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Crooks Matthew $550,000 Lawyers Title Of Arizona Inc
Kriese Kenneth L $394,000 Jetclosing Inc
Kriese Kenneth L -- Jetclosing Inc
Opendoor Property D Llc $374,200 Jetclosing Inc
Martin Daniel J -- None Available
Martin Daniel $326,417 Security Title Agency
Woodside Homes Sales Az Llc $705,915 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crooks Matthew $548,250
Previous Owner Kriese Kenneth L $318,389
Previous Owner Opendoor Property D Llc $400,000,000
Previous Owner Martin Daniel $253,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2021 09/22/21 Sold $550,000 +4.8% $261 / Sq Ft
08/12/2021 08/12/21 For Sale $525,000 +33.2% $249 / Sq Ft
09/20/2018 09/20/18 Sold $394,000 -0.3% $187 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $395,000 -0.5% $187 / Sq Ft
08/02/2018 08/02/18 Price Changed $397,000 -0.8% $188 / Sq Ft
07/19/2018 07/19/18 For Sale $400,000 -- $190 / 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 $2,191 $29,693 -- --
2024 $2,349 $28,279 -- --
2023 $2,349 $46,900 $9,380 $37,520
2022 $2,246 $36,430 $7,280 $29,150
2021 $2,312 $34,010 $6,800 $27,210
2020 $2,357 $31,800 $6,360 $25,440
2019 $2,282 $28,150 $5,630 $22,520
2018 $2,201 $26,720 $5,340 $21,380
2017 $2,121 $25,680 $5,130 $20,550
2016 $2,124 $25,520 $5,100 $20,420
2015 $862 $7,568 $7,568 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelly Schaffer

    Seller's Agent in 2021

    Shelly Schaffer

    HomeSmart

    (480) 268-6484

    1 in this area

    42 Total Sales

    Shelly Schaffer
    Section Image

  • J

    Buyer's Agent in 2021

    Jay Jasper

    Arizona Sunset Realty

    (602) 301-4862

    2 in this area

    153 Total Sales

    Jay Jasper
    Section Image
  • Matthew Crooks

    Buyer Co-Listing Agent in 2021

    Matthew Crooks

    Long Realty Old Town

    (480) 548-2229

    2 in this area

    41 Total Sales

    Matthew Crooks
    Section Image
  • Jeffery Hixson

    Seller's Agent in 2018

    Jeffery Hixson

    LPT Realty, LLC

    (602) 622-0544

    8 Total Sales

    Jeffery Hixson
    Section Image
  • Mary Markou

    Buyer's Agent in 2018

    Mary Markou

    Keller Williams Integrity First

    (480) 620-9011

    50 Total Sales

    Mary Markou
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6278020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-73-474

Arizona Maricopa County Gilbert 85298 Bridges at Gilbert

5437 S Forest Ave, 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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