NOT LISTED FOR SALE

693 E Drexel Ct Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $528,000 - $571,000

3 Beds
2 Baths
1,750 Sq Ft
$315/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $520,000 $297 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,255/month

About This Home

As of December 2021

**Free Sept Rent, + $200 Off Oct's Rent + 30 days of free Electricity**
Like new home located in Layton Lakes. All single story home community, so no two stories blocking the view. Home is a 3 bdrn, 2 bath with a large open great room floor plan. Great location on a Cul De Sac lot and across from community park. Granite counter tops & Stainless steel appliances. There is a whole House Water softener installed. Spacious master suite with walk in closet & good size bath. The home has 3 zone thermostat controls, 1 unit controls the secondary bedrooms, 1 unit controls the greatroom and kitchen areas and the 1 unit controls the master bedroom. So no more running your AC or heat on unused areas. Fridge, washer &dryer included. Near Gilbert shopping and recreation, Movie theater & Freeway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 27, 2021
Sold by
Olson Phyllis Teresa and Sherman Patricia Ann
Bought by
Jones Hopkins Veronika
Seller's Agent
Paul Moore
West USA Realty
Buyer's Agent
Veronika Jones-Hopkins
West USA Realty
List Price
$545,000
Sold Price
$520,000
Premium/Discount to List
-$25,000
-4.59%
Current Estimated Value
$550,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,482
Avg. Annual Appreciation
1.41%
Original Mortgage
$416,000
Outstanding Balance
$398,067
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$147,316

Purchase Details

Closed on
Sep 22, 2021
Sold by
Sherman Paul Joseph
Bought by
Sherman Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,830
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
Kb Home Sales Phoenix Inc
Bought by
Olson Phyllis Teresa and Sherman Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,830
Interest Rate
2.8%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jones Hopkins Veronika $520,000 American Title Svc Agcy Llc
Sherman Patricia Ann -- First American Title Ins Co
Olson Phyllis Teresa $427,589 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Hopkins Veronika $416,000
Previous Owner Sherman Patricia Ann $384,830
Previous Owner Olson Phyllis Teresa $384,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2023 10/07/23 Rented $2,195 0.0% --
09/26/2023 09/26/23 Price Changed $2,195 -6.6% $1 / Sq Ft
08/30/2023 08/30/23 Price Changed $2,350 -4.1% $1 / Sq Ft
08/22/2023 08/22/23 For Rent $2,450 0.0% --
12/30/2021 12/30/21 Sold $520,000 0.0% $306 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $520,000 -4.6% $306 / Sq Ft
11/15/2021 11/15/21 For Sale $545,000 -- $320 / Sq Ft

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 $2,076 $26,797 -- --
2024 $2,029 $25,521 -- --
2023 $2,029 $42,470 $8,490 $33,980
2022 $1,959 $34,550 $6,910 $27,640
2021 $726 $11,625 $11,625 $0
2020 $721 $10,845 $10,845 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Veronika Jones-Hopkins

    West USA Realty

    (480) 654-3655

    1 in this area

    3 Total Sales

    Veronika Jones-Hopkins
    Section Image

  • P

    Seller's Agent in 2021

    Paul Moore

    West USA Realty

    (602) 619-3817

    1 in this area

    9 Total Sales

    Paul Moore
    Section Image
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Map

Arizona Maricopa County Gilbert 85297 South Gilbert

693 E Drexel Ct, Gilbert, AZ

Homes for Sale in Gilbert, AZ

This home is located at 693 E Drexel Ct, Gilbert, AZ 85297 and is currently estimated at $550,482, approximately $314 per square foot. 693 E Drexel Ct is a home located in Maricopa County with nearby schools including Haley Elementary School, Santan Junior High School, and Legacy Online Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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