NOT LISTED FOR SALE

Estimated Value: $622,000 - $683,000

5 Beds
3 Baths
2,556 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $425,000 $166 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,680/month

4 Days on Market

Highlights

  • Community Lake
  • Spanish Architecture
  • Tennis Courts
  • Haley Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of July 2020

A lovely home in Gilbert that is in the top-rated Chandler School district. Excellent location that is close to the freeway, theaters, schools, and shopping. Kitchen has granite counter tops, and stainless steel appliances. One bedroom and full bath downstairs. Upstairs has remaining rooms and a loft. The spacious master suite has a huge walk-in closet and a beautiful barn dorn for the master bath area! The large backyard features a covered patio, view fence, and a low maintenance landscaping. The home also has a 24x7 security system monitored by 3 cameras. Garage has cabinets for extra storage. The whole house has fresh new paint. Layton Lakes community amenities include the use of Splash pad, soccer fields, volleyball courts, tennis courts, and basketballs courts etc.

Last Agent to Sell the Property

Manjeet Bhatia

HomeSmart License #SA654051000 Listed on: 06/12/2020

HomeSmart

Last Buyer's Agent

Steven Zalewski

Polly Mitchell Global Realty License #SA686007000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 2014

Lot Details

  • 6,403 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Haley Elementary School
  • Santan Junior High School
  • Perry High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 319
  • Assessor Parcel Number 313-18-491

Community Details

Overview

  • Association fees include ground maintenance
  • Layton Lakes HOA, Phone Number (602) 216-7521
  • Built by Lennar
  • Layton Lakes Subdivision, Cortes Floorplan
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 2014

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: Queen Creek and Lindsay.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2019
  • Directions: S on Lindsay from Queen Creek. First left on Regent, Right on TwinLeaf, Right on Aberdeen, turn left and continue on Aberdeen, turn left on Tekoa and the home is 2nd home on the right.
  • Master Model: Cortes
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LAYTON LAKES
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 289.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2556.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 289.0
  • Association Fee Frequency: Quarterly
  • Association Name: Layton Lakes HOA
  • Phone: 602-216-7521
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Layton Lakes HOA
  • Association Fees:HOA Telephone4: (602) 216-7521
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 289.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Haley Elementary
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6403.0
  • Parcel #: 313-18-491

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2612.0
  • Tax Book Number: 313.00
  • Tax Lot: 319
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 22, 2020
Sold by
Mitesh Mitendra and Singh Priti
Bought by
Santhanam Srivatsan and Santhanam Raquel
Seller's Agent
Manjeet Bhatia
HomeSmart
Buyer's Agent
Steven Zalewski
Polly Mitchell Global Realty
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$643,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,661
Avg. Annual Appreciation
8.46%
Original Mortgage
$425,000
Outstanding Balance
$381,684
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$265,588

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 3, 2017
Sold by
Mitesh Mitendra Kumar
Bought by
Mitesh Mitendra Kumar and Singh Priti Kumar
Seller's Agent
Mark Sloat CFP®
The Agency
Buyer's Agent
Manjeet Bhatia
HomeSmart
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 7, 2017
Sold by
Kalinke Kathleen A and Kalinke Bradley D
Bought by
Mitesh Mitendra Kumar
Seller's Agent
Mark Sloat CFP®
The Agency
Buyer's Agent
Manjeet Bhatia
HomeSmart
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2014
Sold by
Lennar Arizona Inc
Bought by
Kalinke Kathleen A and Gaskill Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,536
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jul 7, 2014
Sold by
Lennar Layton Llc
Bought by
Lennar Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,536
Interest Rate
4.16%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Santhanam Srivatsan $425,000 Lawyers Title Of Arizona Inc
Mitesh Mitendra Kumar -- None Available
Mitesh Mitendra Kumar $350,000 Lawyers Title Of Arizona Inc
Kalinke Kathleen A $304,000 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santhanam Srivatsan $425,000
Previous Owner Mitesh Mitendra Kumar $332,500
Previous Owner Kalinke Kathleen A $310,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $425,000 0.0% $166 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $425,000 0.0% $166 / Sq Ft
07/01/2019 07/01/19 Rented $2,200 0.0% --
06/05/2019 06/05/19 Price Changed $2,200 -4.3% $1 / Sq Ft
05/21/2019 05/21/19 For Rent $2,300 +9.5% --
06/07/2018 06/07/18 Rented $2,100 0.0% --
05/17/2018 05/17/18 For Rent $2,100 0.0% --
09/20/2017 09/20/17 Sold $350,000 -1.4% $137 / Sq Ft
07/28/2017 07/28/17 Price Changed $354,900 +4.4% $139 / Sq Ft
07/19/2017 07/19/17 For Sale $339,900 -- $133 / 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 $2,069 $30,052 -- --
2024 $2,297 $28,621 -- --
2023 $2,297 $45,310 $9,060 $36,250
2022 $2,211 $34,070 $6,810 $27,260
2021 $2,311 $31,530 $6,300 $25,230
2020 $2,703 $30,900 $6,180 $24,720
2019 $2,613 $28,420 $5,680 $22,740
2018 $2,538 $27,110 $5,420 $21,690
2017 $2,009 $25,700 $5,140 $20,560
2016 $1,896 $26,010 $5,200 $20,810
2015 $1,960 $23,960 $4,790 $19,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6090156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-491