NOT LISTED FOR SALE

838 E Tekoa Ave Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $649,000 - $756,000

5 Beds
3 Baths
2,903 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $327,000 $113 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,869/month

21 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Haley Elementary School Rated A
  • 2 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of June 2014

Great new build location near the 202 & Lindsay in beautiful Layton Lakes. Large 5 bedroom, 2 story NEW home with a full bedroom and bath downstairs. Plus a large loft upstairs! Gourmet Kitchen has Granite Countertops, 42inch Cabinets, & Stainless Appliances. Luxury Tile Package with tile that looks like wood and upgraded carpet. 2 years of home security monitoring included. Front Door Schlage/Nexia Keypad included with 1 year of service. Special Financing Interest Rates available through Universal American Mortgage Company. A PUBLIC REPORT IS AVAILABLE ON THE STATE REAL ESTATE DEPARTMENT'S WEBSITE.

Last Agent to Sell the Property

Dawn Faraci

Lennar Sales Corp License #SA572073000 Listed on: 05/14/2014

Last Buyer's Agent

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 6,381 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,903 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Haley Elementary
  • Perry High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Built by Lennar
  • Layton Lakes Subdivision, Columbus Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 296
  • Assessor Parcel Number 313-18-468

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lindsay Road/Queen Creek
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 83.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2014
  • Master Model: Columbus
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Layton Lakes
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 112.64
  • Association Fees:HOA Fee2: 83.33
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2903.0
  • Stories: 2
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: 0
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 0
  • 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_: $

Schools

  • Elementary School: Haley Elementary
  • High School: Perry High School
  • Middle Or Junior School: Haley Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6381.0
  • Parcel #: 313-18-468
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 296
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 12, 2014
Sold by
Lennar Arizona Inc
Bought by
Omole Ibiyemi and Omole Olanike
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
List Price
$334,990
Sold Price
$327,000
Premium/Discount to List
-$7,990
-2.39%
Current Estimated Value
$698,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,268
Avg. Annual Appreciation
6.90%
Original Mortgage
$310,650
Outstanding Balance
$233,024
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$470,715
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
Omole Ibiyemi $327,000 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lennar Arizona Inc $310,650
Closed Omole Ibiyemi $310,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $327,000 -2.4% $113 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $334,990 -- $115 / 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 $2,535 $32,134 -- --
2024 $2,454 $30,604 -- --
2023 $2,454 $47,310 $9,460 $37,850
2022 $2,363 $35,160 $7,030 $28,130
2021 $2,469 $32,860 $6,570 $26,290
2020 $2,452 $32,220 $6,440 $25,780
2019 $2,363 $29,550 $5,910 $23,640
2018 $2,288 $28,230 $5,640 $22,590
2017 $2,147 $27,370 $5,470 $21,900
2016 $2,026 $27,750 $5,550 $22,200
2015 $2,094 $25,620 $5,120 $20,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dawn Faraci

    Lennar Sales Corp

  • Sarah Gates

    Buyer's Agent in 2014

    Sarah Gates

    Keller Williams Realty Sonoran Living

    (480) 628-0642

    130 Total Sales

    Sarah Gates
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5115546

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-468

Arizona Maricopa County Gilbert 85298 South Gilbert

838 E Tekoa Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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