NOT LISTED FOR SALE

693 E Drexel Ct Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $528,624 - $559,000

3 Beds
2 Baths
1,750 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 30, 2021

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

Est. 5% increase in value since last sale

Current estimated payment $3,030/month

Highlights

  • Granite Countertops
  • Double Vanity
  • Kitchen Island
  • Haley Elementary School Rated A
  • Breakfast Bar
  • Central Air

About This Home

As of October 2023

**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

Last Agent to Rent the Property

Veronika Jones-Hopkins

West USA Realty Listed on: 08/22/2023

West USA Realty

Last Renter's Agent

Veronika Jones-Hopkins

West USA Realty Listed on: 08/22/2023

West USA Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Schools

  • Haley Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 8/22/23
  • $40 Move-In Fee
  • 12-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 49
  • Assessor Parcel Number 313-23-507

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association, Phone Number (602) 857-9191
  • Built by KB Homes
  • Layton Lakes Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-08-22

Listing Details

  • Cross Street: Lindsay and Queen Creek road
  • 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: N
  • Year Built: 2021
  • Rental Info H O A Name: AAM
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 40.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Subdivision Name: Layton Lakes
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1750.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Name: AAM
  • Phone: 602-857-9191
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Haley Elementary
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Parcel #: 313-23-507

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 49
  • Tax Map Number: 23.00

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
$544,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,906
Avg. Annual Appreciation
1.18%
Original Mortgage
$416,000
Outstanding Balance
$395,634
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$149,272

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
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 $2,103 $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

    Landlord's Agent in 2023

    Veronika Jones-Hopkins

    West USA Realty

    (480) 654-3655

    1 in this area

    2 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

    5 Total Sales

    Paul Moore
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6595581

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-507

Arizona Maricopa County Gilbert 85297 South Gilbert

693 E Drexel Ct, Gilbert, AZ

Not Listed for Sale

MultiFamily

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.

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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