NOT LISTED FOR SALE

742 E Avenida Sierra Madre Gilbert, AZ 85296

Downtown Gilbert Neighborhood

Estimated Value: $630,961 - $676,000

4 Beds

2 Baths

2,604 Sq Ft

$253/Sq Ft Est. Value

Last sale price $288,000 $111 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,930/month

13 Days on Market

Highlights

Family Room with Fireplace
Vaulted Ceiling
Granite Countertops
Mesquite Elementary School Rated A-
Spanish Architecture
Covered patio or porch

About This Home

As of November 2014

Great curb appeal home with 4bd/2ba and 2604 sq ft. Dramatic soaring ceiling, two sided fireplace, stylized ceramic tile floor and skylight. French Doors to patio, ceiling fans and designer color palette. Granite countertops, tiled backsplash, breakfast bar, white appliances and oak cabinetry with hardware. Plush neutral carpet, buffet area and French Doors into Bonus Room off Master. Park like backyard setting with putting green, covered patio, built-in BBQ/kitchenette with cover and exterior fireplace with seating area. Lush green landscape and mature shade trees. Attached storage cabinets in garage. Move-in ready! Call now!

Last Agent to Sell the Property

Sherry Rea

HomeSmart Brokerage Phone: 602-625-8328 License #SA026312000 Listed on: 10/18/2014

Last Buyer's Agent

Vanthary Chung

Superlative Realty License #SA623594000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1988

Lot Details

9,130 Sq Ft Lot
Desert faces the front of the property
Block Wall Fence
Artificial Turf
Grass Covered Lot

HOA Fees

$29 Monthly HOA Fees

Parking

2 Car Direct Access Garage
3 Open Parking Spaces
Garage Door Opener

Home Design

Spanish Architecture
Wood Frame Construction
Tile Roof
Block Exterior
Stucco

Interior Spaces

2,604 Sq Ft Home
1-Story Property
Vaulted Ceiling
Ceiling Fan
Two Way Fireplace
Family Room with Fireplace
2 Fireplaces
Living Room with Fireplace

Kitchen

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

Flooring

Carpet
Stone

Bedrooms and Bathrooms

4 Bedrooms
2 Bathrooms
Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

No Interior Steps

Outdoor Features

Covered patio or porch
Outdoor Fireplace
Gazebo
Built-In Barbecue
Playground

Schools

Mesquite Elementary School - Gilbert
Gilbert Junior High School
Gilbert High School

Utilities

Refrigerated Cooling System
Heating Available
High Speed Internet
Cable TV Available

Community Details

Association fees include ground maintenance
Summerfield Association, Phone Number (480) 266-8790
Built by Richmond American Homes
Summerfield Subdivision
FHA/VA Approved Complex

Listing and Financial Details

Tax Lot 90
Assessor Parcel Number 304-23-363

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1988

Lot Details

HOA Fees

$29 per month

Parking

Listing Details

Cross Street: Elliott & Lindsay
Legal Info Range: 6E
Property Type: Residential
Ownership: Fee Simple
HOA #2: N
Association Fees Land Lease Fee: N
Recreation Center Fee 2: N
Recreation Center Fee: N
Total Monthly Fee Equivalent: 29.16
Basement: N
Parking Spaces Slab Parking Spaces: 3.0
Parking Spaces Total Covered Spaces: 2.0
Separate Den Office Sep Den Office: Y
Year Built: 1988
Tax Year: 2013
Directions: Go South on Lindsay to Avenida Sierra Madre and West to your new home on the right!
Attribution Contact: 602-625-8328
Property Sub Type: Single Family - Detached
Horses: No
Lot Size Acres: 0.21
Subdivision Name: Summerfield
Architectural Style: Spanish
Property Attached Yn: No
ResoBuildingAreaSource: Assessor
Association Fees:HOA Fee2: 350.0
Special Features: VirtualTour

Interior Features

Flooring: Carpet, Stone
Basement YN: No
Possible Use: None
Spa Features: None
Possible Bedrooms: 5
Total Bedrooms: 4
Fireplace Features: 1 Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room
Fireplace: Yes
Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
Living Area: 2604.0
Stories: 1
Kitchen Features:RangeOven Elec: Yes
Kitchen Features:Built-in Microwave: Yes
Kitchen Features:Granite Countertops: Yes
Kitchen Features:Kitchen Island: Yes
Kitchen Features Pantry: Yes
Other Rooms:Great Room: Yes
Fireplace:Fireplace Family Rm: Yes
Fireplace:Exterior Fireplace: Yes
Kitchen Features:Non-laminate Counter: Yes
Other Rooms:Family Room: Yes
Kitchen Features:Cook Top Elec: Yes
Fireplace:Fireplace Living Rm: Yes
Fireplace:Two Way Fireplace: Yes
KitchenFeatures:Refrigerator: Yes

Exterior Features

Fencing: Block
Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio, Built-in Barbecue
Lot Features: Desert Front, Gravel/Stone Front, Grass Back, Synthetic Grass Back
Pool Features: None
Pool Private: No
Disclosures: Agency Discl Req, Seller Discl Avail
Construction Type: Painted, Stucco, Block, Frame - Wood
Roof: Tile
Construction:Frame - Wood: Yes
Construction:Block: Yes
Exterior Features:Covered Patio(s): Yes
Exterior Features:Built-in BBQ: Yes
Exterior Features:Childrens Play Area: Yes
Exterior Features:Patio: Yes
Exterior Features:GazeboRamada: Yes

Garage/Parking

Total Covered Spaces: 2.0
Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
Attached Garage: No
Garage Spaces: 2.0
Open Parking Spaces: 3.0
Parking Features:Dir Entry frm Garage: Yes
Parking Features:Electric Door Opener: Yes
Parking Features:Attch_squote_d Gar Cabinets: Yes
Parking Features:Separate Strge Area: Yes

Utilities

Cooling: Refrigeration, Ceiling Fan(s)
Heating: Electric
Water Source: City Water
Heating:Electric: Yes

Condo/Co-op/Association

Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
Association Fee: 350.0
Association Fee Frequency: Annually
Association Name: Summerfield
Phone: 480-266-8790
Association: Yes

Association/Amenities

Association Fees:HOA YN2: Y
Association Fees:HOA Paid Frequency: Annually
Association Fees:HOA Name4: Summerfield
Association Fees:HOA Telephone4: 480-266-8790
Association Fees:PAD Fee YN2: N
Association Fees:Cap ImprovementImpact Fee _percent_: %
Association Fee Incl:Common Area Maint3: Yes
Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

Association Fee Includes: Maintenance Grounds

Schools

Elementary School: Mesquite Elementary School - Gilbert
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: 9130.0
Parcel #: 304-23-363
ResoLotSizeUnits: SquareFeet

Building Info

Builder Name: Richmond American Homes

Tax Info

Tax Annual Amount: 1446.0
Tax Book Number: 304.00
Tax Lot: 90
Tax Map Number: 23.00

Ownership History

Feb 2015 - Present Thor Limse C 10 Years and 4 Months

Private Individual

Purchase Details

Closed on

Feb 23, 2015

Sold by

Thor Sokchea and Thor Limse C

Bought by

Thor Limse C

Total Days on Market

Current Estimated Value

$669,594

Original Mortgage

$228,000

Outstanding Balance

$176,656

Interest Rate

3.6%

Mortgage Type

New Conventional

Estimated Equity

$482,084

Nov 2014 - Feb 2015 Thor Limse C and Thor Sokchea 3 Months

Private Individual

Purchase Details

Listed on

Oct 18, 2014

Closed on

Nov 20, 2014

Sold by

Becker Joseph E and Becker Verna E

Bought by

Thor Limse C and Thor Sokchea

Seller's Agent

Sherry Rea

HomeSmart

Buyer's Agent

Vanthary Chung

Superlative Realty

List Price

$303,900

Sold Price

$288,000

Premium/Discount to List

-$15,900

-5.23%

Avg. Annual Appreciation

8.16%

Original Mortgage

$228,000

Interest Rate

3.92%

Mortgage Type

New Conventional

Jul 2012 - Nov 2014 Becker Joseph E and Becker Verna E 2 Years and 4 Months

Private Individual

Purchase Details

Listed on

Apr 11, 2012

Closed on

Jul 20, 2012

Sold by

Slaughter Sterling F and Slaughter Arelis

Bought by

Becker Joseph E and Becker Verna E

Seller's Agent

Lorrie Iantaffi

Real Estate Lifestyles, LLC

Buyer's Agent

Tim Massingale

My Home Group Real Estate

List Price

$250,000

Sold Price

$250,000

Avg. Annual Appreciation

6.40%

Original Mortgage

$237,500

Interest Rate

3.56%

Mortgage Type

New Conventional

Oct 2002 - Jul 2012 Slaughter Sterling F and Slaughter Arelis 9 Years and 9 Months

Private Individual

Purchase Details

Closed on

Oct 28, 2002

Sold by

Slaughter Sterling F

Bought by

Slaughter Sterling F and Slaughter Arelis

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Thor Limse C	--	Driggs Title Agency Inc
Thor Limse C	$288,000	American Title Svc Agency Ll
Becker Joseph E	$250,000	First American Title Insuran
Slaughter Sterling F	--	--

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Thor Limse C	$228,000
Closed	Thor Limse C	$228,000
Previous Owner	Becker Joseph E	$237,500
Previous Owner	Slaughter Sterling F	$140,000
Previous Owner	Slaughter Sterling	$100,000
Previous Owner	Slaughter Sterling F	$138,750

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
11/27/2014 11/27/14	Sold	$288,000	-3.8%	$111 / Sq Ft
10/31/2014 10/31/14	Pending	--	--	--
10/26/2014 10/26/14	Price Changed	$299,500	-1.4%	$115 / Sq Ft
10/18/2014 10/18/14	For Sale	$303,900	+21.6%	$117 / Sq Ft
08/16/2012 08/16/12	Sold	$250,000	0.0%	$96 / Sq Ft
07/19/2012 07/19/12	Pending	--	--	--
06/13/2012 06/13/12	For Sale	$250,000	0.0%	$96 / Sq Ft
05/02/2012 05/02/12	Pending	--	--	--
04/11/2012 04/11/12	For Sale	$250,000	--	$96 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

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	$1,885	$25,907	--	--
2024	$1,900	$24,673	--	--
2023	$1,900	$43,820	$8,760	$35,060
2022	$1,842	$32,350	$6,470	$25,880
2021	$1,944	$31,810	$6,360	$25,450
2020	$1,915	$28,630	$5,720	$22,910
2019	$1,761	$26,750	$5,350	$21,400
2018	$1,708	$25,530	$5,100	$20,430
2017	$1,649	$24,300	$4,860	$19,440
2016	$2,333	$22,900	$4,580	$18,320
2015	$1,554	$21,460	$4,290	$17,170

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2014

Sherry Rea

HomeSmart

(602) 625-8328

7 Total Sales

Sherry Rea
Buyer's Agent in 2014

Vanthary Chung

Superlative Realty

(623) 680-4429

4 Total Sales

Vanthary Chung
Seller's Agent in 2012

Lorrie Iantaffi

Real Estate Lifestyles, LLC

(602) 757-3168

1 in this area

28 Total Sales

Lorrie Iantaffi
K

Seller Co-Listing Agent in 2012

Katherine Dahl

Real Estate Lifestyles, LLC
Buyer's Agent in 2012

Tim Massingale

My Home Group

(480) 391-2883

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5187718

APN: 304-23-363

Arizona Maricopa County Gilbert 85296 Downtown Gilbert

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.

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

Nearby Homes

742 E Avenida Sierra Madre Gilbert, AZ 85296

Last Sold November 27, 2014

Highlights

About This Home

Home Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map