NOT LISTED FOR SALE

5860 S Gemstone Dr Unit 13 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $1,837,000 - $2,326,000

0.67 Acre
$3,209,636 Price per Acre
29,185 Sq Ft Lot

Last Sold August 14, 2015

Last sale price $250,000

Est. 760% increase in value since last sale

Current estimated payment $12,823/month

132 Days on Market

Highlights

  • Gated Community
  • John & Carol Carlson Elementary School Rated A
  • 0.67 Acre Lot

About This Lot

As of August 2015

COME SEE ONE OF THE LARGEST LOTS WITHIN THE VASARO GATED CUSTOM COMMUNITY IN CHANDLER. LOT IS 29,035 SF AND READY FOR YOU NEW CUSTOM DREAM HOME. COMMUNITY WALKWAYS,BASKETBALL COURTS AND SAND VOLLEYBALL, PARK WITH RAMADAS & PLAYGROUNDS. LOCATED WITHIN THE AWARD WINNING CHANDLER UNIFIED SCHOOL DISTRICT, CLOSE TO 202 FREEWAY, MESA GATEWAY AIRPORT, DOWNTOWN CHANDLER, BASHA HIGH, CHANDLER FASHION CENTER, AND ARIZONA STATE UNIVERSITY.
ALL HOME SITES CONTAIN OFF SITE RETENTION, ALL UTILITIES, AND ONLY SINGLE-LEVEL CUSTOM HOMES MIN 3500 SQ.FT.(BASEMENT OK).
LARGE ENOUGH LOT FOR RV GARAGE

Last Agent to Sell the Property

Scott Goodrich

Meridian Elite Properties License #BR531186000 Listed on: 03/05/2015

Last Buyer's Agent

Rita Stevenson

The Hogan Group LLC License #SA635630000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,190

Year Built

  • 2018

Lot Details

  • 0.67 Acre Lot
  • Block Wall Fence

HOA Fees

  • $145 Monthly HOA Fees

Schools

  • Navarrete Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Basha High School

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 304-81-051

Community Details

Overview

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,190

Year Built

2018

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Cross Street: RIGGS & LINDSAY
  • Property Type: Land
  • Zoning: RESIDENTIAL
  • Tax Year: 2014
  • Directions: West from Val Vista to Vasaro entrance on north side,turn right into community to Gemini.Left to Gemstone.Turn right and follow the road to property on the left
  • Lot Size Acres: 0.67
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: CITRUS PRESERVE
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gated Community
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 435.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-539-1396
  • HOA Transfer Fee: 300.0
  • Association Fee: 435.0
  • Association Fee Frequency: Quarterly
  • Association Name: BROWN MANAGMENT
  • Phone: 480-539-1396
  • Association: Yes

Schools

  • Elementary School: Navarrete Elementary
  • High School: Basha High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 29035.0
  • Additional Parcels: No
  • Parcel #: 304-81-051
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2190.0
  • Tax Book Number: 304.00
  • Tax Lot: 13
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Garber Kevin and Garber Marisa
Bought by
Brewer Family Living Trust and Brewer
Total Days on Market
132
Current Estimated Value
$2,150,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$550,456

Purchase Details

Closed on
Jul 16, 2018
Sold by
R B Strvenson Design Homes Inc
Bought by
Garber Kevin and Garber Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2018
Sold by
Garber Kevin
Bought by
Garber Kevin and Garber Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2017
Sold by
Stevenson Stevenson R and Stevenson Rita L
Bought by
R B 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
$919,750
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 8, 2016
Sold by
Rb Stevenson Design Homes Inc
Bought by
Stevenson R Bradley and Stevenson Rita L

Purchase Details

Listed on
Mar 5, 2015
Closed on
Aug 7, 2015
Sold by
Jones James A and Jones Sabina L
Bought by
R B Stevenson Design Homes Inc
Seller's Agent
Scott Goodrich
Meridian Elite Properties
Buyer's Agent
Rita Stevenson
The Hogan Group LLC
List Price
$274,500
Sold Price
$250,000
Premium/Discount to List
-$24,500
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.53%
Original Mortgage
$162,500
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2011
Sold by
Bank Of Arizona Na
Bought by
Jones James A and Jones Sabina L

Purchase Details

Closed on
May 4, 2010
Sold by
Ridberg Richard L and Ridberg Mary R
Bought by
Bank Of Arizona Na

Purchase Details

Closed on
Dec 16, 2009
Sold by
Ridberg Richard L and Ridberg Mary R
Bought by
Bank Of Arizona Na

Purchase Details

Closed on
Dec 5, 2003
Sold by
Vasaro Llc
Bought by
Ridberg Richard L and Ridberg Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.04%
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
Brewer Family Living Trust $2,500,000 Security Title Agency
Garber Kevin $1,300,000 Fidelity National Title Agen
Garber Kevin -- Fidelity National Title Agen
R B Stevenson Design Homes Inc -- Fidelity National Title Agen
Stevenson R Bradley -- Fidelity Natl Title Agency
R B Stevenson Design Homes Inc -- Fidelity Natl Title Agency
Jones James A $65,000 Thomas Title & Escrow
Bank Of Arizona Na $95,200 Thomas Title & Escrow
Bank Of Arizona Na -- Thomas Title & Escrow
Ridberg Richard L $165,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Family Living Trust $1,600,000
Previous Owner Garber Kevin $1,105,000
Previous Owner Garber Kevin $969,500
Previous Owner Garber Kevin $940,000
Previous Owner R B Stevenson Design Homes Inc $919,750
Previous Owner R B Stevenson Design Homes Inc $162,500
Previous Owner Ridberg Richard L $249,331
Previous Owner Ridberg Richard L $25,000
Previous Owner Ridberg Richard L $50,000
Previous Owner Ridberg Richard L $30,000
Previous Owner Ridberg Richard L $123,750
Closed Ridberg Richard L $24,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $250,000 -8.9% --
07/15/2015 07/15/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $274,500 -- --
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 $7,276 $84,146 -- --
2024 $7,128 $80,139 -- --
2023 $7,128 $142,480 $28,490 $113,990
2022 $6,888 $117,730 $23,540 $94,190
2021 $7,071 $110,860 $22,170 $88,690
2020 $7,024 $102,560 $20,510 $82,050
2019 $6,761 $87,210 $17,440 $69,770
2018 $2,255 $40,065 $40,065 $0
2017 $2,125 $35,505 $35,505 $0
2016 $2,052 $30,750 $30,750 $0
2015 $2,084 $22,720 $22,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5245598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-051