NOT LISTED FOR SALE

862 N Cole Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $487,000 - $524,000

3 Beds
2 Baths
1,655 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $235,500 $142 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,753/month

5 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Carol Rae Ranch Elementary Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of June 2016

Homes like this are hard to come by: single level, 3 bed, 2 bath, 2 car garage, tile roof, private pool, on a corner lot! 1,655 sq ft that offers plenty of living space: formal living room, formal dining room (or use this space as a game room with a pool table + TV on the wall!), open kitchen, great room with a fireplace! Large backyard with private pool. Freshly painted exterior in May of 2016. Make this a must see today!

Last Agent to Sell the Property

Nate Randleman

Keller Williams Realty East Valley License #BR563735000 Listed on: 05/26/2016

Keller Williams Realty East Valley

Last Buyer's Agent

Joelle Addante

Compass License #SA653506000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,605

Year Built

  • Built in 1997

Lot Details

  • 6,482 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,655 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Carol Rae Ranch Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Aam Association, Phone Number (602) 957-9191
  • Built by Continental
  • Carol Rae Ranch Subdivision

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 304-07-347

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,605

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Cross Street: HIGLEY & GUADALUPE
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 38.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: CAROL RAE RANCH
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 142.29
  • Association Fees:HOA Fee2: 116.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1655.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Grass Front, Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: AAM
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: AAM
  • 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_: $

Schools

  • Elementary School: Carol Rae Ranch Elementary
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6482.0
  • Parcel #: 304-07-347
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1605.0
  • Tax Book Number: 304.00
  • Tax Lot: 305
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Almaraz Melissa
Bought by
Almaraz Melissa Gayle and Almaraz David Anthony
Current Estimated Value
$500,477

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 23, 2016
Sold by
Almaraz David Anthony
Bought by
Almaraz Melissa
Seller's Agent
Nate Randleman
Keller Williams Realty East Valley
Buyer's Agent
Joelle Addante
Compass
List Price
$230,000
Sold Price
$235,500
Premium/Discount to List
$5,500
2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$211,950
Outstanding Balance
$168,744
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$331,733

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 22, 2016
Sold by
Wood William R and Wood Joanne L
Bought by
Almaraz Melissa
Seller's Agent
Nate Randleman
Keller Williams Realty East Valley
Buyer's Agent
Joelle Addante
Compass
List Price
$230,000
Sold Price
$235,500
Premium/Discount to List
$5,500
2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,950
Outstanding Balance
$168,744
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$331,733

Purchase Details

Closed on
Nov 8, 2000
Sold by
Va
Bought by
Wood William R and Wood Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,731
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Va

Purchase Details

Closed on
Aug 22, 1997
Sold by
Continental Homes Inc
Bought by
Marvich Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,550
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 1997
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
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
Almaraz Melissa Gayle -- None Available
Almaraz Melissa -- Grand Canyon Title Agency
Almaraz Melissa $235,500 Grand Canyon Title Agency
Wood William R -- --
Va -- --
Wells Fargo Home Mtg Inc $126,026 --
Marvich Paul M $124,236 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almaraz Melissa $211,950
Previous Owner Wood William R $154,731
Previous Owner Marvich Paul M $139,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $235,500 +2.4% $142 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $230,000 -- $139 / 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 $1,667 $22,069 -- --
2024 $1,673 $21,018 -- --
2023 $1,673 $36,320 $7,260 $29,060
2022 $1,620 $27,520 $5,500 $22,020
2021 $1,701 $25,820 $5,160 $20,660
2020 $1,674 $23,960 $4,790 $19,170
2019 $1,547 $21,960 $4,390 $17,570
2018 $1,505 $20,400 $4,080 $16,320
2017 $1,456 $18,950 $3,790 $15,160
2016 $1,757 $18,310 $3,660 $14,650
2015 $1,605 $17,730 $3,540 $14,190
Source: Public Records

Agents Affiliated with this Home

  • Nate Randleman

    Seller's Agent in 2016

    Nate Randleman

    Keller Williams Realty East Valley

    (480) 540-7019

    1 in this area

    235 Total Sales

    Nate Randleman
    Section Image
  • Joelle Addante

    Buyer's Agent in 2016

    Joelle Addante

    Compass

    (602) 790-6484

    157 Total Sales

    Joelle Addante
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5448392

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-347

Arizona Maricopa County Gilbert 85234 Val Vista

862 N Cole 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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