NOT LISTED FOR SALE

850 E Zesta Ln Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $578,438 - $639,000

4 Beds
3 Baths
2,352 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $217,000 $92 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,480/month

128 Days on Market

Highlights

  • Community Lake
  • Covered Patio or Porch
  • Walk-In Closet
  • Weinberg Gifted Academy Rated A+
  • Separate Shower in Primary Bathroom
  • Tile Flooring

About This Home

As of July 2012

Buyer fel out - back on market - only 1 lender. This was the builder's model!! Included Features:GE(r) Stainless Steel Appliances,Slab Granite Countertops Merillat(r) Cherry Rasied Panel Paprika Cabinets,Moen(r) Brushed Nickel Bath Accessories,Cultured Marble Vanities in Baths,2'' Faux Wood BlindsPost Tension Slab,Elongated Toilets, R.O. and Soft Water Loop Rough-ins,Low ''E'' Windows Throughout,Upgraded 18'' Tile and Carpet,13 Seer HVAC,HVAC 5 Year Parts and Labor Warranty,Garage Service Door,Garage Door Opener (2 Car Garage),Structured Wiring Package with Control Panel for Phone & TV Outlets Front Yard Landscaping with Automatic Irrigation

Last Agent to Sell the Property

Michael Huston

M&B Realty License #BR530883000 Listed on: 12/30/2011

Last Buyer's Agent

Yuanli ( John ) Zhang

Gold Trust Realty License #SA575843000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 6,534

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,352 Sq Ft Home
  • Wired For Sound
  • Laundry in unit

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Block Wall Fence

Community Details

  • $2,010 per year Dock Fee
  • Association Phone (480) 355-1300
  • Built by Lennar
  • Dawn
  • Community Lake

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Tax Municipality: Gilbert
  • Cross Street: Pecos and Lindsay
  • Legal Info Lot Number: 3
  • Legal Info Range: 6E
  • Legal Info Section: 8
  • Legal Info Township: 2S
  • Property Type: A
  • Technology: Cable TV Avail, High Speed Internet Available, Pre-Wire Srnd Snd
  • Assessor Parcel Number: 20.00
  • Hndrd Blk Directionl: S
  • Hundred Block: 800
  • Legal Description Abbrev: LAYTON LAKES PARCEL 7 REPLAT
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 304-58-020
  • Capital Improvement Impact Fee Dollar Percent: %
  • HOA Association Fee: 80.00
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-355-1300
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 80.00
  • Construction Finish: Stucco
  • Construction Status: Complete Spec Home
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 42.5RN2G
  • Map Code Grid: U40
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 92.26
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2007
  • Master Model: Dawn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Bedrooms Plus: 4.00
  • Bathrooms: 2.50
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplace: No Fireplace
  • Estimated Lot Sq Ft: 6325.00
  • Estimated Sq Ft: 2352.00
  • Kitchen Features: Dishwasher, Disposal, Kitchen Island, Pantry
  • Source Of Sq Ft: Builder

Exterior Features

  • Exterior Stories: 2
  • Landscaping: Grass Back, Grass Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Electric Door Opener, Separate Strge Area

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Lake Subdivision

Schools

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

Building Info

  • Builder Name: Lennar

Tax Info

  • Taxes: 2010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2011
Closed on
Jun 29, 2012
Sold by
Bingham Kenneth and Bingham Cynthia
Bought by
Peng Xinli and She Ping
Seller's Agent
Michael Huston
M&B Realty
Buyer's Agent
Yuanli ( John ) Zhang
Gold Trust Realty
List Price
$205,000
Sold Price
$217,000
Premium/Discount to List
$12,000
5.85%
Current Estimated Value
$615,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,360
Avg. Annual Appreciation
8.05%
Original Mortgage
$170,000
Outstanding Balance
$117,515
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$497,845

Purchase Details

Listed on
Dec 30, 2011
Closed on
Jun 26, 2012
Sold by
Farr Bingham Enterprises Inc
Bought by
Bingham Ken and Bingham Cynthia
Seller's Agent
Michael Huston
M&B Realty
Buyer's Agent
Yuanli ( John ) Zhang
Gold Trust Realty
List Price
$205,000
Sold Price
$217,000
Premium/Discount to List
$12,000
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$117,515
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$497,845

Purchase Details

Closed on
Jan 31, 2008
Sold by
Bingham Kenneth and Bingham Cynthia
Bought by
Farr Bingham Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,392
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007
Sold by
Lennar Arizona Inc
Bought by
Bingham Kenneth and Bingham Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,392
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Peng Xinli $217,000 Clear Title Agency Of Arizon
Bingham Ken -- Clear Title Agency Of Arizon
Farr Bingham Enterprises Inc -- None Available
Bingham Kenneth $322,990 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Xinli $170,000
Previous Owner Bingham Kenneth $258,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $217,000 +5.9% $92 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $205,000 -- $87 / 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 $3,067 $32,585 -- --
2024 $2,958 $31,034 -- --
2023 $2,958 $42,210 $8,440 $33,770
2022 $2,866 $32,450 $6,490 $25,960
2021 $2,941 $29,610 $5,920 $23,690
2020 $2,924 $27,370 $5,470 $21,900
2019 $2,819 $25,330 $5,060 $20,270
2018 $2,739 $24,330 $4,860 $19,470
2017 $2,583 $23,660 $4,730 $18,930
2016 $2,501 $23,920 $4,780 $19,140
2015 $2,391 $23,070 $4,610 $18,460
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Huston

    M&B Realty

    (480) 444-2214

    1 Total Sale

    Michael Huston
    Section Image

  • Y

    Buyer's Agent in 2012

    Yuanli ( John ) Zhang

    Gold Trust Realty

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4706950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-58-020

Arizona Maricopa County Gilbert 85297 South Gilbert

850 E Zesta Ln, Gilbert, AZ

Not Listed for Sale

Detached

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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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