NOT LISTED FOR SALE

861 E Tekoa Ave Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $671,152

5 Beds
3 Baths
2,898 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $435,000 $150 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,827/month

42 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • Double Pane Windows
  • Haley Elementary School Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

As of July 2020

WOW, this home has it all. LOCATION, LOCATION, LOCATION – located in the highly sought after community of Layton Lakes. Features five true bedrooms, three full bathrooms, formal living and dining room too. Where else can you find a house like this in GILBERT! Kitchen has lots of cabinets to hold all your kitchen gadgets, large pantry, lots of granite and stainless steel appliances. With one bedroom and full bathroom downstairs, this is perfect for a family member who can't do stairs, or college student. Upstairs you will find a large loft, perfect for gaming! Owners suite is large enough to hold most any size furniture, and has the closet to match. Be sure to keep reading about the ''Smart Home'' features. It's pretty impressive. Click ''more'' and continue reading. This is a Lennar "Smart" home, with a Nexia smart home hub, Schlage keypad dead bold remote entry system, one smart outlet that you can program, Nexia checks and locks the front door!! Capable oof supporting video security with night vision and 2 way mic/speaker. All are motion alarm capable!! Home can also be controlled by Amazon Alexa or Google Home. There are a LOT more items that can be controlled remotely through the Nexia system.

Last Agent to Sell the Property

Janet Rogers

ProSmart Realty License #SA533978000 Listed on: 05/14/2020

ProSmart Realty

Last Buyer's Agent

Ruth Hansen

Realty ONE Group License #BR109572000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 2014

Lot Details

  • 6,325 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 315
  • Assessor Parcel Number 313-18-487

Community Details

Overview

  • Association fees include ground maintenance
  • Layton Lakes Association, Phone Number (602) 957-9191
  • Built by Lennar
  • Layton Lakes Phase 2 Gilbert Parcel 14 Subdivision, Columbus 2903 Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,393

Year Built

Built in 2014

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: Lindsay & Queen Creek
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2019
  • Master Model: Columbus 2903
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LAYTON LAKES PHASE 2 GILBERT PARCEL 14
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 150.1
  • Association Fees:HOA Fee2: 289.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2898.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • 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: Lake, Playground, Biking/Walking Path
  • Association Fee: 289.0
  • Association Fee Frequency: Quarterly
  • Association Name: Layton Lakes
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Layton Lakes
  • 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_: $

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: 6325.0
  • Parcel #: 313-18-487

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2393.0
  • Tax Book Number: 313.00
  • Tax Lot: 315
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 22, 2020
Sold by
Bengtson Daniel Lee and Schoenhardt Teresa
Bought by
Luke Cydnee
Seller's Agent
Janet Rogers
ProSmart Realty
Buyer's Agent
Ruth Hansen
Realty ONE Group
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Current Estimated Value
$671,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,152
Avg. Annual Appreciation
8.84%
Original Mortgage
$413,250
Outstanding Balance
$366,443
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$321,320

Purchase Details

Listed on
Oct 18, 2014
Closed on
Jan 28, 2015
Sold by
Lennar Arizona Inc
Bought by
Bengtson Daniel Lee and Schoenhardt Teresa
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Scott West
Open House Realty
List Price
$339,990
Sold Price
$329,990
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$313,490
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2014
Closed on
Jan 23, 2015
Sold by
Lennar Layton Llc
Bought by
Lennar Arizona Inc
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Scott West
Open House Realty
List Price
$339,990
Sold Price
$329,990
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,490
Interest Rate
3.75%
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
Luke Cydnee $435,000 Lawyers Title Of Arizona Inc
Bengtson Daniel Lee $329,990 North American Title Company
Lennar Arizona Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Cydnee $413,250
Previous Owner Bengtson Daniel Lee $313,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $435,000 -2.2% $150 / Sq Ft
05/28/2020 05/28/20 Price Changed $445,000 -1.1% $154 / Sq Ft
05/13/2020 05/13/20 For Sale $450,000 +36.4% $155 / Sq Ft
01/30/2015 01/30/15 Sold $329,990 -1.5% $114 / Sq Ft View Prior Sale
01/12/2015 01/12/15 Pending -- -- --
12/24/2014 12/24/14 Price Changed $334,990 -0.3% $115 / Sq Ft
12/10/2014 12/10/14 Price Changed $335,990 +0.3% $116 / Sq Ft
10/29/2014 10/29/14 Price Changed $334,990 -1.5% $115 / Sq Ft
10/17/2014 10/17/14 For Sale $339,990 -- $117 / 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 $2,568 $32,551 -- --
2024 $2,485 $31,001 -- --
2023 $2,485 $47,630 $9,520 $38,110
2022 $2,393 $35,700 $7,140 $28,560
2021 $2,501 $33,080 $6,610 $26,470
2020 $2,484 $32,580 $6,510 $26,070
2019 $2,393 $29,970 $5,990 $23,980
2018 $2,318 $28,620 $5,720 $22,900
2017 $2,175 $27,370 $5,470 $21,900
2016 $2,052 $27,750 $5,550 $22,200
2015 $2,121 $25,620 $5,120 $20,500
Source: Public Records

Agents Affiliated with this Home

  • Janet Rogers

    Seller's Agent in 2020

    Janet Rogers

    ProSmart Realty

    (602) 565-0192

    1 in this area

    39 Total Sales

    Janet Rogers
    Section Image
  • Ruth Hansen

    Buyer's Agent in 2020

    Ruth Hansen

    Realty One Group

    (602) 692-3248

    1 in this area

    47 Total Sales

    Ruth Hansen
    Section Image

  • B

    Buyer's Agent in 2020

    Becky Hansen

    Realty Executives

  • D

    Seller's Agent in 2015

    Dawn Faraci

    Lennar Sales Corp

  • S

    Buyer's Agent in 2015

    Scott West

    Open House Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6077583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-18-487

Arizona Maricopa County Gilbert 85298 South Gilbert

861 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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