5507 S Joshua Tree Ln Gilbert, AZ 85298
Bridges at Gilbert NeighborhoodEstimated Value: $583,000 - $635,887
5
Beds
3
Baths
2,579
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Mountain View
- Contemporary Architecture
- 2 Car Direct Access Garage
- Power Ranch Elementary School Rated A-
- Covered patio or porch
- Fireplace
About This Home
As of January 2023A wonderful redesigned 5 bed/3 full bath beautifully updated with designer touches throughout! From the minute you enter you are greeted with a touch of luxury, with lovely tiled flooring, wainscoting & elegant lighting which all flows through the main floor. The stunning gourmet kitchen features upgraded cabinets, island w/sink, stainless appliances, quartz countertops, tile backsplash & stainless range hood. As you head upstairs you are immediately greeted by a huge loft area, the huge master suite has a large walk in closet & bathroom with separate soaker tub & shower, dual sinks & all tile flooring. The other bedrooms are spacious & each have elegant touches. The backyard has lovely ambiance with covered patio, sitting area under the gazebo & a fire pit location overlooking the grass.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,164
Year Built
- Built in 2015
Lot Details
- 5,400 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $110 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,579 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Kitchen Island
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Covered patio or porch
- Fire Pit
Schools
- Bridges Elementary School
- Sossaman Middle School
- Higley High School
Utilities
- Cooling Available
- Zoned Heating
- Heating unit installed on the ceiling
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 86
- Assessor Parcel Number 304-73-578
Community Details
Overview
- Association fees include ground maintenance
- Bridges HOA, Phone Number (480) 921-7500
- Built by Lennar
- Bridges East Parcel 3 3 Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2022
Closed on
Jan 30, 2023
Sold by
Madrid Renato
Bought by
Jaganathan Shanmuganathan
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Teddy Shonka
HomeSmart
List Price
$574,900
Sold Price
$540,000
Premium/Discount to List
-$34,900
-6.07%
Total Days on Market
22
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,158
Avg. Annual Appreciation
5.78%
Original Mortgage
$405,000
Outstanding Balance
$394,446
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$222,776
Purchase Details
Closed on
Sep 11, 2015
Sold by
Madrid Marife Aspillaga and Madrid Renato
Bought by
Aspillaga Madrid Renato and Aspillaga Madrid Marife
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,416
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2015
Sold by
Lennar Arizona Inc
Bought by
Madrid Renato
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,416
Interest Rate
3.9%
Mortgage Type
New Conventional
Similar Homes in Gilbert, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jaganathan Shanmuganathan | $540,000 | Allied Title | |
| Aspillaga Madrid Renato | -- | North American Title Company | |
| Madrid Renato | $282,690 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jaganathan Shanmuganathan | $405,000 | |
| Previous Owner | Aspillaga Madrid Renato | $286,416 | |
| Previous Owner | Madrid Renato | $286,416 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2023 01/30/23 | Sold | $540,000 | -1.8% | $209 / Sq Ft |
| 12/24/2022 12/24/22 | Pending | -- | -- | -- |
| 12/16/2022 12/16/22 | Price Changed | $549,900 | -4.3% | $213 / Sq Ft |
| 12/02/2022 12/02/22 | For Sale | $574,900 | -- | $223 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,688 | $28,662 | -- | -- |
| 2024 | $2,694 | $27,070 | -- | -- |
| 2023 | $2,694 | $45,230 | $9,040 | $36,190 |
| 2022 | $2,164 | $33,220 | $6,640 | $26,580 |
| 2021 | $2,221 | $30,450 | $6,090 | $24,360 |
| 2020 | $2,268 | $29,280 | $5,850 | $23,430 |
| 2019 | $2,198 | $26,680 | $5,330 | $21,350 |
| 2018 | $2,121 | $25,220 | $5,040 | $20,180 |
| 2017 | $2,051 | $24,410 | $4,880 | $19,530 |
| 2016 | $2,050 | $24,310 | $4,860 | $19,450 |
| 2015 | $691 | $5,904 | $5,904 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Penrose
Seller's Agent in 2023
Jason Penrose
eXp Realty
(602) 738-9943
2 in this area
732 Total Sales
-
Teddy Shonka
Buyer's Agent in 2023
Teddy Shonka
HomeSmart
(480) 390-9759
2 in this area
71 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6494844
APN: 304-73-578
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.
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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