Seller's Agent in 2023
Zee Arekat
Compass
(602) 329-6691
1 in this area
109 Total Sales
851 E Vermont Dr Gilbert, AZ 85295
Southwest Gilbert NeighborhoodEstimated Value: $991,000 - $1,086,000
5
Beds
4
Baths
4,271
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Heated Pool
- Wood Flooring
- Granite Countertops
- Spectrum Elementary School Rated A
- Corner Lot
- Covered Patio or Porch
About This Home
As of May 2023Huge price adjustment!! This immaculate highly upgraded home including fresh paint is situated on a corner lot in the beautiful Velvendo subdivision with amazing curb appeal! As you enter the entire downstairs has tile flooring with a great open floor plan. It features a gourmet kitchen with Kitchenaid appliances, granite countertops, backsplash, large island, formal living/dining, office/den, guest bedroom and full bath all downstairs. The great room leads you to the backyard with tons of upgrades through a 4 panel sliding door. Luxury awaits you with a sparkling heated pool, stacked stone waterfalls, custom frameless glass fences, artificial turf, stacked stone planters and accents. French Cafe Travertine tile on the large covered patio and walkways. Located in the heart of Gilbert with easy access to the 202,San Tan Village, and great schools. Let's not forget the 4 car garage! So many great features in this lovely home. Must see!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,265
Year Built
- Built in 2017
Lot Details
- 8,750 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Artificial Turf
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
HOA Fees
- $120 Monthly HOA Fees
Parking
- 4 Car Direct Access Garage
- Tandem Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 4,271 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Double Pane Windows
- Low Emissivity Windows
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
- 4 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Heated Pool
- Balcony
- Covered Patio or Porch
Schools
- Spectrum Elementary School
- South Valley Jr. High Middle School
- Campo Verde High School
Utilities
- Central Air
- Heating Available
- Water Softener
Listing and Financial Details
- Tax Lot 132
- Assessor Parcel Number 304-80-923
Community Details
Overview
- Association fees include ground maintenance
- City Prop Management Association, Phone Number (602) 437-4777
- Built by Meritage
- Estates At Velvendo Phase 1 Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2023
Closed on
May 24, 2023
Sold by
Dalloul Ghassan and Dalloul Dana
Bought by
Lee Family Living Trust
Seller's Agent
Zee Arekat
Compass
Buyer's Agent
Loong Lee
Millennium Realty LLC
List Price
$1,090,000
Sold Price
$940,000
Premium/Discount to List
-$150,000
-13.76%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,992
Avg. Annual Appreciation
3.62%
Original Mortgage
$705,000
Outstanding Balance
$684,964
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$346,871
Purchase Details
Closed on
Oct 8, 2019
Sold by
Dalloul Ghassan
Bought by
Dalloul Ghassan and Youssef Dana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2018
Sold by
Youssef Dana
Bought by
Dalloul Ghassan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2018
Sold by
Meritage Homes Of Arizona Inc
Bought by
Dalloul Ghassan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Family Living Trust | $940,000 | First American Title Insurance | |
| Dalloul Ghassan | -- | Pioneer Title Agency Inc | |
| Dalloul Ghassan | -- | Carefree Title Agency Inc | |
| Dalloul Ghassan | $685,270 | Carefree Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Family Living Trust | $705,000 | |
| Previous Owner | Dalloul Ghassan | $205,000 | |
| Previous Owner | Dalloul Ghassan | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2023 05/24/23 | Sold | $940,000 | -1.0% | $220 / Sq Ft |
| 04/10/2023 04/10/23 | Price Changed | $949,900 | -9.4% | $222 / Sq Ft |
| 03/28/2023 03/28/23 | Price Changed | $1,049,000 | -3.8% | $246 / Sq Ft |
| 03/06/2023 03/06/23 | For Sale | $1,090,000 | -- | $255 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,511 | $44,886 | -- | -- |
| 2024 | $3,378 | $42,748 | -- | -- |
| 2023 | $3,378 | $75,930 | $15,180 | $60,750 |
| 2022 | $3,265 | $56,070 | $11,210 | $44,860 |
| 2021 | $3,398 | $53,100 | $10,620 | $42,480 |
| 2020 | $3,339 | $50,500 | $10,100 | $40,400 |
| 2019 | $3,058 | $46,520 | $9,300 | $37,220 |
| 2018 | $706 | $10,920 | $10,920 | $0 |
| 2017 | $684 | $10,455 | $10,455 | $0 |
| 2016 | $699 | $9,015 | $9,015 | $0 |
| 2015 | $683 | $5,952 | $5,952 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zee Arekat
-
Nick Arekat
Seller Co-Listing Agent in 2023
Nick Arekat
Compass
(602) 321-2084
1 in this area
165 Total Sales
-
Loong Lee
L
Buyer's Agent in 2023
Loong Lee
Millennium Realty LLC
(919) 824-3892
1 in this area
2 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6528512
APN: 304-80-923
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.
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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