NOT LISTED FOR SALE

640 E Melody Dr Gilbert, AZ 85234

Northwest Gilbert Neighborhood

Estimated Value: $947,000 - $1,044,000

4 Beds
3 Baths
2,616 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $625,000 $239 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,415/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 1 Fireplace
  • Neely Traditional Academy Rated A
  • 0.86 Acre Lot
  • No HOA

About This Home

As of April 2020

Chance of a Lifetime! Super RARE opportunity in CIRCLE G RANCH with HORSE PRIVILEGES on .86 of an ACRE lot! SRP FLOOD IRRIGATION & NO HOA! SINGLE STORY 2616 SQ FT ranch that has 4 bedrooms, 3 baths plus separate den/office. GOURMET KITCHEN STUNNING INTERIOR with wood beams in the vaulted living room, and 2 fireplaces. PRIVATE MASTER BEDROOM SUITE with a split floor plan. There is a Huge PRIVATE POOL & Solar panels for the Hot Water heater. 2 car ATTACHED garage. PASTURE OR FARMING POTENTIAL

Last Agent to Sell the Property

John Sposato

Keller Williams Realty Sonoran Living License #SA100302000 Listed on: 02/26/2020

Keller Williams Realty Sonoran Living

Co-Listed By

Tiffany Chandler

My Home Group Real Estate License #SA678509000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1978

Lot Details

  • 0.86 Acre Lot
  • Backyard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,616 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Schools

  • Houston Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • Private Pool
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Circle G Ranches Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 304-10-234

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline Rd & Lindsey Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: CIRCLE G RANCHES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 238.91
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 2616.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Grass Front, Grass Back, Irrigation Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Houston Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37601.0
  • Parcel #: 304-10-234

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 2532.0
  • Tax Book Number: 304.00
  • Tax Lot: 29
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Claassen Theodore Frederick
Bought by
Foxy Pickle Family Trust
Current Estimated Value
$988,720

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 15, 2020
Sold by
Claassen Shannon and Claassen Theodore F
Bought by
Claassen Theodore Frederick
Seller's Agent
John Sposato
Keller Williams Realty Sonoran Living
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$500,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Shelstad Jerry A and Shelstad Patricia G
Bought by
Shelstad Jerry A and Shelstad Patricia G

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mcglynn Tracy M
Bought by
White Raymond R

Purchase Details

Closed on
Nov 9, 2004
Sold by
White Raymond R
Bought by
White Raymond R and Mcglynn Tracy M

Purchase Details

Closed on
Nov 19, 2002
Sold by
Castro Imelda G
Bought by
Castro Esequiel L and Castro Imelda G

Purchase Details

Closed on
Mar 1, 2001
Sold by
Biggs Shirley J
Bought by
Broadbent Phillip E and Broadbent Laura Jean

Purchase Details

Closed on
Feb 12, 2001
Sold by
Broadbent Phillip E and Broadbent Laura Jean
Bought by
Broadbent Phillip E and Broadbent Laura Jean

Purchase Details

Closed on
Apr 18, 1994
Sold by
Hannig Victor J and Hannig Linda K
Bought by
Shelstad Jerry A and Shelstad Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foxy Pickle Family Trust -- --
Claassen Theodore Frederick -- Clear Title Agency Of Az
Claassen Theodore Frederick $625,000 Clear Title Agency Of Az
Shelstad Jerry A -- None Available
White Raymond R -- --
White Raymond R -- Arizona Title Agency Inc
Castro Esequiel L -- Century Title Agency
Broadbent Phillip E -- --
Broadbent Phillip E -- --
Biggs Shirley J -- --
Shelstad Jerry A $190,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claassen Theodore Frederick $500,000
Previous Owner Shelstad Jerry A $180,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2020 04/16/20 Sold $625,000 +4.2% $239 / Sq Ft
02/26/2020 02/26/20 For Sale $600,000 -- $229 / 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 $2,818 $37,474 -- --
2024 $2,731 $35,689 -- --
2023 $2,731 $52,330 $10,460 $41,870
2022 $2,649 $42,820 $8,560 $34,260
2021 $2,798 $42,350 $8,470 $33,880
2020 $2,755 $41,280 $8,250 $33,030
2019 $2,532 $39,230 $7,840 $31,390
2018 $2,454 $37,510 $7,500 $30,010
2017 $2,368 $34,930 $6,980 $27,950
2016 $2,451 $33,380 $6,670 $26,710
2015 $2,233 $30,760 $6,150 $24,610
Source: Public Records

Agents Affiliated with this Home

  • John Sposato

    Seller's Agent in 2020

    John Sposato

    Keller Williams Realty Sonoran Living

    (602) 571-3730

    2 in this area

    153 Total Sales

    John Sposato
    Section Image
  • Tiffany Chandler

    Seller Co-Listing Agent in 2020

    Tiffany Chandler

    My Home Group Real Estate

    (208) 869-0407

    1 in this area

    95 Total Sales

    Tiffany Chandler
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6044905

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-10-234

Arizona Maricopa County Gilbert 85234 Northwest Gilbert

640 E Melody Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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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