NOT LISTED FOR SALE

5700 S Gemstone Dr Unit 23 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $1,884,000 - $2,090,555

0.52 Acre
$3,818,056 Price per Acre
22,651 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $280,000

Est. 609% increase in value since last sale

Current estimated payment $11,571/month

173 Days on Market

About This Lot

As of April 2019

Now is your chance to live in the prestigious VASARO, a Gated Custom Community in Chandler. This slightly over half acre lot is ready for your new single level custom dream home with utilities at the property. Community offers parks with ramadas, playgrounds, walkways, sand volleyball and basketball courts. Great Chandler Unified school district, close to Basha High School and 202 Freeway.

Last Agent to Sell the Property

Kara Swartz

Realty ONE Group License #SA661045000 Listed on: 10/12/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,841

Lot Details

  • 0.52 Acre Lot
  • Property is zoned PAD

HOA Fees

  • $173 Monthly HOA Fees

Schools

  • John & Carol Carlson Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Basha High School

Community Details

  • Brown Management Association, Phone Number (480) 539-1396
  • Citrus Preserve Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-81-061

Property Details

Property Type

Land

Est. Annual Taxes

$1,841

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Cross Street: Lindsey & Riggs
  • Property Type: Land
  • Zoning: PAD
  • Tax Year: 2018
  • Directions: East on Riggs past Lindsay. N on Golf Leaf at the Vasaro entrance.
  • Lot Size Acres: 0.52
  • Subdivision Name: CITRUS PRESERVE
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 518.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: (480) 539-1396
  • HOA Transfer Fee: 185.0
  • Association Fee: 518.0
  • Association Fee Frequency: Quarterly
  • Association Name: Brown Management
  • Phone: 480-539-1396
  • Association: Yes

Schools

  • Elementary School: John & Carol Carlson Elementary
  • High School: Basha High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 125x175.5
  • Lot Size Sq Ft: 21937.0
  • Additional Parcels: No
  • Parcel #: 304-81-061
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1841.0
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
R & R Stevenson Holding Llc
Bought by
Clayton Kenneth Edward and Clayton Ashley Nicole
Current Estimated Value
$1,985,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,210,283
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$769,820

Purchase Details

Closed on
Feb 5, 2021
Sold by
Rb Stevenson Design Homes Inc
Bought by
R & R Stevenson Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 16, 2020
Sold by
Dorsey Brad
Bought by
Rb Stevenson Design 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
$188,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 12, 2018
Closed on
Apr 26, 2019
Sold by
Burgess James M
Bought by
Dorsey Brad
Seller's Agent
Kara Swartz
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.28%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Vasaro Llc
Bought by
Burgess James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.22%
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
Clayton Kenneth Edward $1,648,593 Fidelity Natl Ttl Agcy Inc
R & R Stevenson Holdings Llc -- Fidelity Natl Ttl Agcy Inc
Rb Stevenson Design Homes Inc $290,000 Fidelity Natl Ttl Agcy Inc
Dorsey Brad $280,000 Title Alliance Professionals
Burgess James M $149,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Kenneth Edward $234,000
Open Clayton Kenneth Edward $1,300,000
Previous Owner R & R Stevenson Holdings Llc $1,100,000
Previous Owner R B Stevenson Design Homes Inc $188,500
Previous Owner Rb Stevenson Design Homes Inc $188,500
Previous Owner Burgess James M $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $280,000 -11.1% --
04/03/2019 04/03/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $315,000 -- --
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 $6,963 $81,105 -- --
2024 $6,819 $77,242 -- --
2023 $6,819 $129,060 $25,810 $103,250
2022 $4,900 $79,660 $15,930 $63,730
2021 $1,980 $37,845 $37,845 $0
2020 $1,966 $34,485 $34,485 $0
2019 $1,900 $31,245 $31,245 $0
2018 $1,841 $31,380 $31,380 $0
2017 $1,734 $28,305 $28,305 $0
2016 $1,667 $24,330 $24,330 $0
2015 $1,702 $18,160 $18,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5832482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-061