NOT LISTED FOR SALE

850 E Knightsbridge Way Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $740,000 - $816,000

4 Beds
2.5 Baths
2,917 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $665,000 $228 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,333/month

162 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Granite Countertops
  • Weinberg Gifted Academy Rated A+
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of May 2023

Great opportunity to own this two-level residence w/stone accents, a cozy porch, & a 3-car garage nestled on a premium corner lot! Inviting hallway leads to the immaculate great room showcasing tall ceilings, wood-look flooring, lovely light fixtures, & sliding glass doors to the back. The gourmet kitchen comes w/upscale SS appliances, granite counters, mosaic tile backsplash, a convenient pantry, an island w/a breakfast bar, & ample white cabinetry w/crown moulding. Upstairs, the sizeable loft is perfect for a TV area. Primary suite has plush carpet, clerestory windows, & a pristine ensuite w/sliding barn door, dual sinks, a soaking tub, & a glass shower. Grab a drink & relax under the covered patio in the spacious backyard! This value won't disappoint

Last Agent to Sell the Property

Mariano Santana

Real Broker License #SA684493000 Listed on: 10/20/2022

Real Broker

Co-Listed By

John Evenson

eXp Realty License #SA659330000

Last Buyer's Agent

Kiran Vedantam

Kosh Realty License #BR557655000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 2019

Lot Details

  • 6,588 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,917 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Weinberg Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

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

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 313-23-050

Community Details

Overview

  • Association fees include ground maintenance
  • Kensington Estates Association, Phone Number (602) 957-9191
  • Built by Woodside
  • Kensington Estates Phase 1 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 2019

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Cross Street: S Lindsay Rd & E Germann Rd
  • 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: 77.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: KENSINGTON ESTATES PHASE 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 227.97
  • Association Fees:HOA Fee2: 77.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2917.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Corner Lot, Desert Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee: 77.0
  • Association Fee Frequency: Monthly
  • Association Name: Kensington Estates
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Kensington Estates
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 308.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 154.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6588.0
  • Parcel #: 313-23-050
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Woodside

Tax Info

  • Tax Annual Amount: 2558.0
  • Tax Book Number: 313.00
  • Tax Lot: 50
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
May 1, 2023
Sold by
Ellzey Jay and Ellzey Maria Luisa
Bought by
Pagadala Srinivasa Rao and Penumudi Siva Naga
Seller's Agent
Mariano Santana
Real Broker
Buyer's Agent
Kiran Vedantam
Kosh Realty
List Price
$775,000
Sold Price
$665,000
Premium/Discount to List
-$110,000
-14.19%
Views
138
Current Estimated Value
$768,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,664
Avg. Annual Appreciation
5.60%
Original Mortgage
$598,500
Outstanding Balance
$582,485
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$186,179

Purchase Details

Closed on
Sep 4, 2019
Sold by
Woodside Homes Sales Az Llc
Bought by
Ellzey Jay and Ellzey Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pagadala Srinivasa Rao $665,000 Magnus Title Agency
Ellzey Jay $491,782 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagadala Srinivasa Rao $598,500
Previous Owner Ellzey Jay $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $665,000 -5.0% $228 / Sq Ft
02/23/2023 02/23/23 Price Changed $699,990 -1.4% $240 / Sq Ft
01/24/2023 01/24/23 Price Changed $710,000 -4.1% $243 / Sq Ft
12/09/2022 12/09/22 Price Changed $740,000 -4.5% $254 / Sq Ft
10/19/2022 10/19/22 For Sale $775,000 -- $266 / 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 $2,745 $35,039 -- --
2024 $2,647 $33,370 -- --
2023 $2,647 $57,910 $11,580 $46,330
2022 $2,558 $43,930 $8,780 $35,150
2021 $2,676 $41,820 $8,360 $33,460
2020 $2,670 $39,220 $7,840 $31,380
2019 $234 $8,535 $8,535 $0
2018 $227 $7,575 $7,575 $0
2017 $210 $2,595 $2,595 $0
Source: Public Records

Agents Affiliated with this Home

  • Mariano Santana

    Seller's Agent in 2023

    Mariano Santana

    Real Broker

    (480) 558-6098

    1 in this area

    7 Total Sales

    Mariano Santana
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    John Evenson

    eXp Realty

  • Kiran Vedantam

    Buyer's Agent in 2023

    Kiran Vedantam

    Kirans & Associates Realty

    (602) 550-4842

    7 in this area

    117 Total Sales

    Kiran Vedantam
    Section Image

  • C

    Buyer Co-Listing Agent in 2023

    Chetana Shetty

    Kirans & Associates Realty

    (480) 579-7427

    2 in this area

    27 Total Sales

    Chetana Shetty
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6479140

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-050

Arizona Maricopa County Gilbert 85297 South Gilbert

850 E Knightsbridge Way, 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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