NOT LISTED FOR SALE

862 E Vermont Dr Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $757,593 - $831,000

3 Beds
2.5 Baths
2,549 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $550,000 $216 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,559/month

9 Days on Market

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Double Pane Windows
  • Spectrum Elementary School Rated A
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of December 2020

Located in Gilbert, this 3 bed, 2.5 bath property boasts a stunning elevation with low maintenance landscaping, a 3 garage spaces, and much more! Features granite counters, butler pantry, RO system, formal dining that can be used as office space, bonus flex room, plantation shutters throughout, neutral paint, stainless steel appliances, including a wall oven, pendant lighting, island with breakfast bar, large master bedroom, larger master walk-in closet and full bath with double sinks, as well as separate tub and shower. Also including an expansive backyard with a covered patio and seating area, this home is nothing short of perfect! Hurry and see it before it's gone!

Last Agent to Sell the Property

Charles O'Dell

HomeSmart License #SA621591000 Listed on: 10/15/2020

HomeSmart

Co-Listed By

Charles O'Dell

Ensign Properties Corp License #SA541738000

Last Buyer's Agent

Mark Dotterer

My Home Group Real Estate License #SA654946000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 2017

Lot Details

  • 8,750 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,549 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 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

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 304-80-912

Community Details

Overview

  • Association fees include ground maintenance
  • Velvendo Estates Association, Phone Number (480) 813-6788
  • Built by Meritage Homes
  • Estates At Velvendo Phase 1 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 2017

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Cross Street: Williams Field Rd & Lindsay Rd
  • 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: 89.25
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: ensi001
  • Co List Office Phone: 480-588-5755
  • Subdivision Name: ESTATES AT VELVENDO PHASE 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 215.77
  • Association Fees:HOA Fee2: 89.25
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: 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: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2549.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 89.25
  • Association Fee Frequency: Monthly
  • Association Name: Velvendo Estates
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velvendo Estates
  • 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: 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 #: 304-80-912

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2614.0
  • Tax Book Number: 304.00
  • Tax Lot: 102
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 3, 2020
Sold by
Richardson Danny R and Richardson Donna S
Bought by
Bittner Darcy J and Lerma Francisco
Seller's Agent
Charles O'Dell
HomeSmart
Buyer's Agent
Mark Dotterer
My Home Group Real Estate
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%
Current Estimated Value
$808,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,148
Avg. Annual Appreciation
7.92%
Original Mortgage
$440,000
Outstanding Balance
$392,430
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$415,718

Purchase Details

Closed on
Nov 30, 2017
Sold by
Meritage Homes Of Arizona Inc
Bought by
Richardson Danny R and Richardson Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,565
Interest Rate
3.94%
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
Bittner Darcy J $550,000 Empire West Title Agency
Richardson Danny R $438,490 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bittner Darcy J $440,000
Previous Owner Richardson Danny R $416,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $550,000 -2.6% $216 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $564,900 -0.9% $222 / Sq Ft
10/15/2020 10/15/20 For Sale $569,900 -- $224 / 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 $2,678 $35,253 -- --
2024 $2,595 $33,574 -- --
2023 $2,595 $59,660 $11,930 $47,730
2022 $2,513 $44,460 $8,890 $35,570
2021 $2,656 $41,780 $8,350 $33,430
2020 $2,614 $39,410 $7,880 $31,530
2019 $2,402 $37,510 $7,500 $30,010
2018 $2,334 $10,920 $10,920 $0
2017 $684 $10,455 $10,455 $0
2016 $702 $9,015 $9,015 $0
2015 $683 $5,952 $5,952 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Charles O'Dell

    HomeSmart

    Section Image
  • Mark Dotterer

    Buyer's Agent in 2020

    Mark Dotterer

    My Home Group

    (602) 432-0397

    59 Total Sales

    Mark Dotterer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147088

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-912

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

862 E Vermont Dr, 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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