NOT LISTED FOR SALE

551 E Sheffield Ave Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $741,908 - $747,000

5 Beds
3 Baths
3,624 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $406,000 $112 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,265/month

27 Days on Market

Highlights

  • Heated Spa
  • Vaulted Ceiling
  • Corner Lot
  • Settlers Point Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of May 2017

This is 3600 square feet of awesomeness! It is immaculate, looks practically BRAND NEW and is move-in ready! New carpet and paint throughout. New lighting and fans. Kitchen will not disappoint with granite, ample white cabinets, gas range and new sink and faucet. Master is spacious with vaulted ceilings. Master bath includes double sinks, jetted tub, separate shower, new fixtures and a walk-in closet. An enormous bonus room upstairs can be a craft room/game room/media room! Backyard has large covered patio, desert landscaping and a fenced and heated pool and spa. The floor plan boasts a formal dining room, living room and family room. A beautifully maintained park is around the corner with playground, trees and tons of grass. Come see this gem in the heart of Gilbert. You will love it! Come see this gem in the heart of Gilbert.

Last Agent to Sell the Property

Colette Cordner

My Home Group Real Estate License #SA575255000 Listed on: 03/02/2017

My Home Group Real Estate

Last Buyer's Agent

Claudia Wilson

Realty ONE Group License #SA629051000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1996

Lot Details

  • 8,063 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,624 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Pool

  • Heated Spa
  • Play Pool
  • 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
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 304-24-297

Community Details

Overview

  • Property has a Home Owners Association
  • Kinney Management Association, Phone Number (480) 820-3451
  • Built by US Homes
  • Settler's Meadow Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay and Ray
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 33.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: North on Lindsay past Ray, turn left on Cypress, turn left on La Arboleta and make the first right on Sheffield. House is on the corner of Sheffield and La Arboleta.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: SETTLER'S MEADOW
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 33.0
  • Windows:Dual Pane: Yes
  • Laundry:_two_20 V Dryer Hookup: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Tub with Jets, Granite Counters
  • Living Area: 3624.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Back, Desert Front, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: 220 V Dryer Hookup, Wshr/Dry HookUp Only, Gas Dryer Hookup
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee Frequency: Monthly
  • Association Name: Settler's Meadow
  • Phone: 000000000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 95.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Settler's Meadow
  • Association Fees:HOA Telephone4: 000000000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Kinney Management
  • Association Fees:HOA Management Phone: 480-820-3451
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8063.0
  • Parcel #: 304-24-297
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 2310.0
  • Tax Book Number: 304.00
  • Tax Lot: 127
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 4, 2017
Sold by
Petersen Michael J and Petersen Deborah L
Bought by
Penry David Aaron and Penry Sherise Slaugh
Seller's Agent
Colette Cordner
My Home Group Real Estate
Buyer's Agent
Claudia Wilson
Realty ONE Group
List Price
$416,900
Sold Price
$406,000
Premium/Discount to List
-$10,900
-2.61%
Current Estimated Value
$743,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,977
Avg. Annual Appreciation
7.84%
Original Mortgage
$306,000
Outstanding Balance
$257,162
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$503,829

Purchase Details

Closed on
Dec 10, 2004
Sold by
Petersen Michael J and Petersen Debbie
Bought by
Petersen Michael J and Petersen Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2001
Sold by
Walker Randall Scott and Walker Kay Elaine
Bought by
Petersen Michael J and Petersen Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,650
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1999
Sold by
Radian Services Inc
Bought by
Walker Randall Scott and Walker Kay Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1999
Sold by
Amani Eva S
Bought by
Alliance Mtg Company

Purchase Details

Closed on
Feb 25, 1997
Sold by
U S Home Corp
Bought by
Amani Eva S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,950
Interest Rate
7.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Penry David Aaron $406,000 Driggs Title Agency Inc
Petersen Michael J -- First Southwestern Title
Petersen Michael J $247,000 Transnation Title Insurance
Walker Randall Scott $225,000 Ati Title Agency
Alliance Mtg Company $189,550 --
Amani Eva S $225,549 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penry David Aaron $306,000
Closed Penry David Aaron $306,000
Previous Owner Petersen Michael J $60,000
Previous Owner Petersen Michael J $346,500
Previous Owner Petersen Michael J $75,000
Previous Owner Petersen Michael J $237,500
Previous Owner Petersen Michael J $42,000
Previous Owner Petersen Michael J $232,000
Previous Owner Petersen Michael J $234,650
Previous Owner Walker Randall Scott $213,750
Previous Owner Amani Eva S $202,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $406,000 0.0% $112 / Sq Ft
03/08/2017 03/08/17 Price Changed $405,900 -2.6% $112 / Sq Ft
03/02/2017 03/02/17 For Sale $416,900 -- $115 / 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 $2,542 $34,523 -- --
2024 $2,559 $32,879 -- --
2023 $2,559 $49,310 $9,860 $39,450
2022 $2,477 $37,280 $7,450 $29,830
2021 $2,613 $35,380 $7,070 $28,310
2020 $2,573 $33,130 $6,620 $26,510
2019 $2,372 $31,230 $6,240 $24,990
2018 $2,309 $29,970 $5,990 $23,980
2017 $2,231 $29,200 $5,840 $23,360
2016 $2,298 $28,600 $5,720 $22,880
2015 $2,076 $28,300 $5,660 $22,640
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Colette Cordner

    My Home Group Real Estate

    (480) 221-9619

    2 in this area

    20 Total Sales

    Colette Cordner
    Section Image
  • Claudia Wilson

    Buyer's Agent in 2017

    Claudia Wilson

    Realty One Group

    (480) 433-2675

    59 Total Sales

    Claudia Wilson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5568497

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-24-297

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

551 E Sheffield Ave, Gilbert, AZ

This home is located at 551 E Sheffield Ave, Gilbert, AZ 85296 since 02 March 2017 and is currently estimated at $743,977, approximately $205 per square foot. This property was built in 1996. 551 E Sheffield Ave 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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