NOT LISTED FOR SALE

Estimated Value: $773,971 - $854,000

4 Beds
3 Baths
2,826 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $772,500 $273 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,703/month

34 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Eat-In Kitchen
  • Spectrum Elementary School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of July 2024

Are you ready for a lifestyle upgrade? Welcome to your dream home in the heart of Gilbert! This exquisite single-story residence with 10 ft soaring ceilings offers the perfect blend of elegance and comfort, making it ideal for anyone looking to enjoy the best of Arizona living. This home features 4 spacious bedrooms, 3 full bathrooms, a private den and a bonus/teen room. The open floor plan allows for easy flow between the living, dining, and kitchen areas, making it perfect for both everyday living and entertaining. The chef's kitchen features stainless steel appliances, quartz countertops, and ample storage space. Recently updated with beautiful wood plank tile in a sophisticated herringbone pattern, plush carpet in secondary bedrooms, 5'' baseboards adding modern elegance and attention to detail and fresh neutral paint that creates a bright and inviting atmosphere. Located in a vibrant community, you'll be nearby shopping, dining, and recreational opportunities. Gilbert's friendly community and atmosphere make it one of the most desirable places to live in Arizona. Come experience the charm and elegance of this Gilbert gem!

Last Agent to Sell the Property

Amy Miller

Real Broker License #SA673022000 Listed on: 06/01/2024

Last Buyer's Agent

David Pierce

My Home Group Real Estate License #BR544648000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 2014

Lot Details

  • 8,750 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $125 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,826 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2024
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Cooling System Updated in 2022
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2022
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 304-80-937

Community Details

Overview

  • Association fees include ground maintenance
  • Velvendo Community Association, Phone Number (602) 437-4777
  • Built by Meritage Homes
  • Estates At Velvendo Phase 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,438

Year Built

Built in 2014

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Cross Street: Lindsey & Williams Field
  • 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: 125.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: ESTATES AT VELVENDO PHASE 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 273.35
  • Association Fees:HOA Fee2: 375.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2826.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: 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
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage
  • 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:Extended Length Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo Community
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Velvendo Community
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 900.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 375.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8750.0
  • Parcel #: 304-80-937

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 3438.0
  • Tax Book Number: 304.00
  • Tax Lot: 161
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 31, 2024
Sold by
Ladner Living Trust and Ladner Robert J
Bought by
Ashraf Mohammad and Ashraf Tasneem K
Seller's Agent
Amy Miller
Real Broker
Buyer's Agent
David Pierce
My Home Group Real Estate
List Price
$815,000
Sold Price
$772,500
Premium/Discount to List
-$42,500
-5.21%
Views
83
Current Estimated Value
$817,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,743
Avg. Annual Appreciation
4.13%
Original Mortgage
$472,500
Outstanding Balance
$466,592
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$350,651

Purchase Details

Closed on
Aug 5, 2016
Sold by
Ladner Robert J and Ladner Patricia A
Bought by
Ladner Robert J and Ladner Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Ladner Robert J and Ladner Patricia A
Bought by
Ladner Robert J and Ladner Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2014
Sold by
Ladner Robert J and Ladner Patricia A
Bought by
Ladner Living Trust and Ladner Patricia A

Purchase Details

Closed on
Feb 27, 2014
Sold by
Meritage Homes Of Arizona Inc
Bought by
Ladner Robert J and Ladner Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,955
Interest Rate
4.34%
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
Ashraf Mohammad $772,500 Security Title Agency
Ladner Robert J -- None Available
Ladner Robert J -- None Available
Ladner Living Trust -- None Available
Ladner Robert J $406,607 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashraf Mohammad $472,500
Previous Owner Ladner Robert J $295,000
Previous Owner Ladner Robert J $304,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $772,500 -5.2% $273 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $815,000 -- $288 / 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 $3,552 $38,790 -- --
2024 $3,438 $36,942 -- --
2023 $3,438 $61,270 $12,250 $49,020
2022 $3,340 $45,810 $9,160 $36,650
2021 $3,455 $43,620 $8,720 $34,900
2020 $3,404 $41,180 $8,230 $32,950
2019 $3,160 $39,560 $7,910 $31,650
2018 $3,080 $36,380 $7,270 $29,110
2017 $2,981 $34,310 $6,860 $27,450
2016 $3,047 $33,660 $6,730 $26,930
2015 $2,790 $30,530 $6,100 $24,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6715739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-937