RENTED MAY 29, 2025

Estimated Value: $601,835 - $617,000

4 Beds
2 Baths
2,123 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $590,000 $278 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,453/month

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Gilbert Elementary School Rated A-
  • Skylights
  • Double Pane Windows

About This Home

As of May 2025

Beautiful 4-bed, 2-bath waterfront home in Lago Estancia! Bright and open with vaulted ceilings, coffered dining ceiling, and wood-look flooring throughout. The updated kitchen features quartz countertops, brand new dishwasher. It opens to a cozy breakfast nook with lake views.Versatile bedrooms, updated bathrooms, and a new AC (Oct 2024) offer comfort and style. Enjoy a private backyard with a fenced pool, grass area, covered patio, and direct lake access.Community perks include lakes, trails, playgrounds, and water recreation. Just 5 mins to downtown Gilbert! Rent includes full pool service.

Last Agent to Rent the Property

Sheila Wang

West USA Realty License #BR646182000 Listed on: 04/17/2025

West USA Realty

Last Renter's Agent

Non-Represented Buyer

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1993

Lot Details

  • 6,887 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Schools

  • Gilbert Elementary School
  • Mesquite High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 5/23/25
  • Rent includes pool service - full
  • 12-Month Minimum Lease Term
  • Tax Lot 33
  • Assessor Parcel Number 302-32-666

Community Details

Overview

  • Property has a Home Owners Association
  • Lago Estancia Association, Phone Number (480) 844-2224
  • Built by PULTE HOMES
  • Parcel 3 Of Lago Estancia Lot 31 90 Tr A E Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1993

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Pool Service - Full
  • Available Date: 2025-05-23

Listing Details

  • Cross Street: Warner&Cooper
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1993
  • Rental Info H O A Name: Lago Estancia
  • Non Assistive Animals: Yes
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PARCEL 3 OF LAGO ESTANCIA LOT 31-90 TR A-E
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2123.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Gravel/Stone Front, Grass Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Name: Lago Estancia
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6887.0
  • Parcel #: 302-32-666

Building Info

  • Builder Name: PULTE HOMES

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 33
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 12, 2023
Sold by
Moralez Lee T
Bought by
Chilakamarri Vinay and Wang Shiwei
Seller's Agent
Suzy Steinmann
Realty ONE Group
Buyer's Agent
Irwin Wong
eXp Realty
List Price
$585,000
Sold Price
$590,000
Premium/Discount to List
$5,000
0.85%
Views
74
Current Estimated Value
$609,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,209
Avg. Annual Appreciation
1.32%
Original Mortgage
$442,500
Outstanding Balance
$430,754
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$178,455

Purchase Details

Closed on
Jun 12, 2003
Sold by
Miller Dwayne and Miller Linda
Bought by
Moralez Lee T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.22%
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
Chilakamarri Vinay $590,000 Millennium Title Company
Moralez Lee T $210,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilakamarri Vinay $442,500
Previous Owner Moralez Lee T $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2025 05/29/25 Rented $2,950 0.0% --
05/26/2025 05/26/25 Under Contract -- -- --
05/23/2025 05/23/25 Price Changed $2,950 0.0% $1 / Sq Ft
05/23/2025 05/23/25 For Rent $2,950 -4.1% --
05/14/2025 05/14/25 Off Market $3,075 -- --
05/05/2025 05/05/25 Price Changed $3,075 -5.4% $1 / Sq Ft
04/29/2025 04/29/25 Price Changed $3,250 -3.0% $2 / Sq Ft
04/17/2025 04/17/25 For Rent $3,350 0.0% --
06/12/2023 06/12/23 Sold $590,000 +0.9% $278 / Sq Ft View Prior Sale
06/10/2023 06/10/23 Price Changed $585,000 0.0% $276 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $585,000 0.0% $276 / Sq Ft
07/22/2017 07/22/17 Rented $1,500 +7.5% --
07/12/2017 07/12/17 Under Contract -- -- --
07/10/2017 07/10/17 Off Market $1,395 -- --
07/05/2017 07/05/17 For Rent $1,395 0.0% --
12/22/2016 12/22/16 Rented $1,395 0.0% --
12/12/2016 12/12/16 Off Market $1,395 -- --
12/06/2016 12/06/16 Price Changed $1,395 -10.0% $1 / Sq Ft
12/05/2016 12/05/16 Price Changed $1,550 -2.8% $1 / Sq Ft
11/18/2016 11/18/16 For Rent $1,595 0.0% --
11/17/2016 11/17/16 Under Contract -- -- --
10/28/2016 10/28/16 Price Changed $1,595 -5.9% $1 / Sq Ft
10/05/2016 10/05/16 For Rent $1,695 -- --
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 $2,946 $32,209 -- --
2024 $2,851 $30,675 -- --
2023 $2,851 $43,200 $8,640 $34,560
2022 $2,771 $33,410 $6,680 $26,730
2021 $2,863 $31,330 $6,260 $25,070
2020 $2,823 $28,910 $5,780 $23,130
2019 $2,624 $27,380 $5,470 $21,910
2018 $2,554 $25,920 $5,180 $20,740
2017 $2,473 $24,360 $4,870 $19,490
2016 $2,542 $23,660 $4,730 $18,930
2015 $2,310 $24,720 $4,940 $19,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6853328

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-32-666