NOT LISTED FOR SALE

554 E Sherri Dr Unit 3 Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $455,172 - $505,000

3 Beds
2 Baths
1,401 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $385,000 $275 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,665/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Settlers Point Elementary School Rated A-
  • Granite Countertops
  • Double Pane Windows

About This Home

As of April 2021

Beautiful Gilbert home with new tile floors, granite countertops, tile back splash in kitchen. Large great room and oversized master bedroom with separate tub & shower. double sinks & large walk-in closet. 3rd bedroom is office off great room (no closet). Updated bathrooms, brand new Trane air conditioning. New grass in back yard. Home is vacant and ready for a new owner.

Last Agent to Sell the Property

Tom Knudsen

TK Properties License #BR030597000 Listed on: 03/13/2021

Last Buyer's Agent

Stephen Liby

HomeSmart License #SA679572000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1997

Lot Details

  • 5,410 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Roof Updated in 2021
  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Settler's Point Elementary School
  • Greenfield Elementary Middle School
  • Mesquite High School

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by CONTINENTAL HOMES
  • Neely Farms Unit 3 Subdivision

Listing and Financial Details

  • Tax Lot 436
  • Assessor Parcel Number 309-14-436

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1997

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Cross Street: WARNER & LINDSAY
  • 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: 28.12
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2020
  • Directions: Lindsay and Warner Directions: S on Lindsay, W on Settlers Point, S on Park Grove, W on Devon, S On Riatta, W on Sherri Dr. 2nd home on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: NEELY FARMS UNIT 3
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 84.36
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1401.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

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

  • Association Fee: 84.36
  • Association Fee Frequency: Quarterly
  • Association Name: Neely Farms HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Neely Farms HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5410.0
  • Parcel #: 309-14-436

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 1373.0
  • Tax Book Number: 309.00
  • Tax Lot: 436
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
House Linda
Bought by
Linda House Residence Trust
Current Estimated Value
$478,543

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 8, 2021
Sold by
Knudsen Jamie A
Bought by
House Linda Carol
Seller's Agent
Tom Knudsen
TK Properties
Buyer's Agent
Stephen Liby
HomeSmart
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$361,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2014
Sold by
Knudsen Shirley A
Bought by
Knudsen Jamie A

Purchase Details

Closed on
Oct 29, 2003
Sold by
Schibi Chris
Bought by
Knudsen Jamie A and Knudsen James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1998
Sold by
Continental Homes Inc
Bought by
Schibi Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1998
Sold by
Chi Construction Company
Bought by
Continental Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
7.06%
Mortgage Type
FHA
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
Linda House Residence Trust -- --
House Linda Carol $385,000 Grand Canyon Title Agency
Knudsen Jamie A -- None Available
Knudsen Jamie A $146,900 Capital Title Agency Inc
Schibi Chris $117,322 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner House Linda Carol $361,000
Previous Owner Knudsen Jamie A $84,881
Previous Owner Knudsen Jamie A $101,900
Previous Owner Schibi Chris $115,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $385,000 +2.7% $275 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $375,000 -- $268 / 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 $1,319 $18,494 -- --
2024 $1,362 $17,613 -- --
2023 $1,362 $31,920 $6,380 $25,540
2022 $1,321 $24,110 $4,820 $19,290
2021 $1,395 $22,770 $4,550 $18,220
2020 $1,373 $21,000 $4,200 $16,800
2019 $1,262 $19,050 $3,810 $15,240
2018 $1,224 $17,660 $3,530 $14,130
2017 $1,182 $15,970 $3,190 $12,780
2016 $1,224 $15,260 $3,050 $12,210
2015 $1,115 $14,380 $2,870 $11,510
Source: Public Records

Agents Affiliated with this Home

  • Tom Knudsen

    Seller's Agent in 2021

    Tom Knudsen

    TK Properties

    (602) 684-7374

    1 in this area

    3 Total Sales

    Tom Knudsen
    Section Image
  • Stephen Liby

    Buyer's Agent in 2021

    Stephen Liby

    HomeSmart

    (602) 317-0234

    1 in this area

    46 Total Sales

    Stephen Liby
    Section Image
  • Eleazar Medrano

    Buyer Co-Listing Agent in 2021

    Eleazar Medrano

    HomeSmart

    (480) 571-7052

    2 in this area

    256 Total Sales

    Eleazar Medrano
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6205358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-14-436

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

554 E Sherri Dr Unit 3, Gilbert, AZ

This home is located at 554 E Sherri Dr Unit 3, Gilbert, AZ 85296 since 13 March 2021 and is currently estimated at $478,543, approximately $341 per square foot. This property was built in 1997. 554 E Sherri Dr Unit 3 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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