NOT LISTED FOR SALE

5920 S Gemstone Dr Unit 10 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $2,122,000 - $2,462,403

0.51 Acre
$4,528,139 Price per Acre
22,216 Sq Ft Lot

Last Sold January 11, 2021

Last sale price $390,000

Est. 492% increase in value since last sale

Current estimated payment $13,758/month

127 Days on Market

Highlights

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

About This Lot

As of January 2021

Tired of trying to find the perfect home? Build your own in Chandler's prestigious Vasaro Gated Community! This lot is nicely situated in the community and sits in-between to single-level homes with no back-yard neighbor!

Come visit this exclusive luxury community in the heart of South Chandler!

Last Agent to Sell the Property

Heather Rodriguez

eXp Realty License #SA671720000 Listed on: 07/18/2020

eXp Realty

Last Buyer's Agent

Rita Stevenson

The Hogan Group LLC License #SA635630000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,943

Year Built

  • 2022

Lot Details

  • 0.51 Acre Lot
  • Block Wall Fence
  • Property is zoned PAD

HOA Fees

  • $218 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 304-81-048

Community Details

Overview

  • Vasaro HOA, Phone Number (480) 539-1396
  • Citrus Preserve Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,943

Year Built

2022

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Cross Street: Linsdey & Riggs
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: PAD
  • Tax Year: 2019
  • Horses: No
  • Lot Size Acres: 0.51
  • Road Surface Type: Asphalt, Private Street, Sidewalk(s)
  • Subdivision Name: CITRUS PRESERVE
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

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

Exterior Features

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

Utilities

  • Electric: SRP
  • Water Source: Other, City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 653.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-539-1396
  • Association Fee: 653.0
  • Association Fee Frequency: Quarterly
  • Association Name: Vasaro HOA
  • Phone: 480-539-1396
  • Association: Yes

Schools

  • Elementary School: John & Carol Carlson Elementary
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 1x1
  • Lot Size Sq Ft: 22429.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-81-048
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1943.0
  • Tax Book Number: 304.00
  • Tax Lot: 10
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Passey Ryan Miles and Passey Sharlee Marie
Bought by
Passey Ryan Miles and Passey Sharlee Marie
Total Days on Market
127
Current Estimated Value
$2,309,351

Purchase Details

Closed on
May 31, 2023
Sold by
R & R Stevenson Holding Llc
Bought by
Passey Ryan M and Passey Sharlee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,888,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2020
Closed on
Jan 7, 2021
Sold by
Pinhas Michael
Bought by
R & R Stevenson Holding Llc
Seller's Agent
Heather Rodriguez
eXp Realty
Buyer's Agent
Rita Stevenson
The Hogan Group LLC
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.68%
Original Mortgage
$188,500
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2004
Sold by
Vasaro Llc
Bought by
Pinhas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Passey Ryan Miles -- None Listed On Document
Passey Ryan M $2,360,000 Fidelity National Title Agency
R & R Stevenson Holding Llc $390,000 Fidelity Natl Ttl Agcy Inc
Pinhas Michael $150,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passey Ryan M $1,888,000
Previous Owner R & R Stevenson Holding Llc $1,380,000
Previous Owner R & R Stevenson Holding Llc $188,500
Previous Owner Pinhas Michael $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $390,000 0.0% --
11/22/2020 11/22/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $390,000 -- --
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 $7,510 $87,008 -- --
2024 $2,051 $82,865 -- --
2023 $2,051 $48,270 $48,270 $0
2022 $1,990 $39,180 $39,180 $0
2021 $2,025 $38,535 $38,535 $0
2020 $2,011 $35,115 $35,115 $0
2019 $1,943 $31,815 $31,815 $0
2018 $1,883 $31,995 $31,995 $0
2017 $1,773 $28,815 $28,815 $0
2016 $1,705 $24,780 $24,780 $0
2015 $1,740 $18,496 $18,496 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6105276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-81-048