NOT LISTED FOR SALE

550 E Orchid Ln Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $666,372 - $685,000

4 Beds
2 Baths
2,407 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $401,000 $167 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,852/month

3 Days on Market

Highlights

  • Heated Spa
  • Contemporary Architecture
  • Eat-In Kitchen
  • Settlers Point Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of June 2019

With a lovely exterior, this single family one story home is nestled within a great neighborhood. When you walk through the door, the first thing you will find is a spacious living room area with large windows, welcoming natural light. The kitchen area has stainless steel appliances and overlooks a comfortable family room. Down the hallway, you will find three more bedrooms as well as a bathroom. On the opposite side of the home is a stunning master bedroom and bathroom. The bathroom holds a walk-in closet, double sinks, a glass shower, and a soaking tub. When you retreat to the backyard, accessed through the family room, you will find a beautiful private swimming pool and a luscious grass area. The home, also featuring a 3 car garage, is absolutely beautiful. See upgrades in Documents

Last Agent to Sell the Property

Marty Griffin

West USA Realty License #BR031114000 Listed on: 05/17/2019

West USA Realty

Last Buyer's Agent

Erin Woodruff

Realty ONE Group License #SA641733000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1998

Lot Details

  • 8,385 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,407 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Hard or Low Nap Flooring

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 304-24-817

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

$2,068

Year Built

Built in 1998

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Cross Street: Ray and Lindsay
  • 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: 57.5
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: From Ray go North on Lindsay to first left, Orchid Ln. Then West to Property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: LINDSAY MEADOWS
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 172.5
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Accessibility Features: Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2407.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • 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: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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

  • Community Features: Biking/Walking Path
  • Association Fee: 172.5
  • 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: 190.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Lindsay Meadows
  • Association Fees:HOA Telephone4: 480-704-2900
  • 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: 8385.0
  • Parcel #: 304-24-817

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 2068.0
  • Tax Book Number: 304.00
  • Tax Lot: 114
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 3, 2019
Sold by
Makrias Christopher G and Makrias Sandra M
Bought by
Douglas William and Douglas Yvette
Seller's Agent
Marty Griffin
West USA Realty
Buyer's Agent
Erin Woodruff
Realty ONE Group
List Price
$399,900
Sold Price
$401,000
Premium/Discount to List
$1,100
0.28%
Current Estimated Value
$676,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,343
Avg. Annual Appreciation
8.59%

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 18, 2017
Sold by
Rhodes Connie J
Bought by
Makrias Christopher G and Makrias Sandra M
Seller's Agent
Connie Rhodes
AZ Marketplace Realty
Buyer's Agent
Marty Griffin
West USA Realty
List Price
$346,900
Sold Price
$345,000
Premium/Discount to List
-$1,900
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$310,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2013
Sold by
Rhodes Jay W and Rhodes Connie J
Bought by
Rhodes Jay W and Rhodes Connie J

Purchase Details

Closed on
Feb 20, 1999
Sold by
Allen Randolph E and Allen Dina E
Bought by
Rhodes Jay W and Rhodes Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Allen Randolph E and Allen Dina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
7.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Douglas William $401,000 Driggs Title Agency Inc
Makrias Christopher G $345,000 Driggs Title Agency Inc
Rhodes Jay W -- None Available
Rhodes Jay W $204,000 Arizona Title Agency Inc
Allen Randolph E $181,779 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makrias Christopher G $310,500
Previous Owner Rhodes Jay $184,000
Previous Owner Rhodes Jay W $250,000
Previous Owner Rhodes Jay W $160,000
Previous Owner Allen Randolph E $163,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $401,000 +0.3% $167 / Sq Ft
05/17/2019 05/17/19 For Sale $399,900 +15.9% $166 / Sq Ft
04/27/2017 04/27/17 Sold $345,000 -0.5% $143 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $346,900 -- $144 / 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 $2,285 $31,137 -- --
2024 $2,301 $29,654 -- --
2023 $2,301 $46,320 $9,260 $37,060
2022 $2,230 $35,020 $7,000 $28,020
2021 $2,355 $33,160 $6,630 $26,530
2020 $2,319 $31,030 $6,200 $24,830
2019 $2,132 $29,150 $5,830 $23,320
2018 $2,068 $27,580 $5,510 $22,070
2017 $1,997 $26,270 $5,250 $21,020
2016 $2,058 $25,520 $5,100 $20,420
2015 $1,885 $25,030 $5,000 $20,030
Source: Public Records

Agents Affiliated with this Home

  • Marty Griffin

    Seller's Agent in 2019

    Marty Griffin

    West USA Realty

    (602) 692-7653

    4 in this area

    68 Total Sales

    Marty Griffin
    Section Image
  • Erin Woodruff

    Buyer's Agent in 2019

    Erin Woodruff

    Realty One Group

    (480) 250-6983

    47 Total Sales

    Erin Woodruff
    Section Image

  • C

    Seller's Agent in 2017

    Connie Rhodes

    AZ Marketplace Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5927416

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-24-817

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

550 E Orchid Ln, Gilbert, AZ

This home is located at 550 E Orchid Ln, Gilbert, AZ 85296 since 17 May 2019 and is currently estimated at $676,343, approximately $280 per square foot. This property was built in 1998. 550 E Orchid Ln is a home located in Maricopa County with nearby schools including Settlers Point Elementary School, Mesquite Junior High School, and Mesquite High School.

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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