NOT LISTED FOR SALE

Estimated Value: $844,000 - $912,000

5 Beds
3 Baths
3,739 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $290,000 $78 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,075/month

124 Days on Market

Highlights

  • 0.22 Acre Lot
  • Covered patio or porch
  • Dual Vanity Sinks in Primary Bathroom
  • Spectrum Elementary School Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of February 2012

Traditional Sale! Beautiful 5 bedroom, 3 full bath with 3 car garage. Brand new highly upgraded carpet, newly installed 20'' diagonally set tile, and two-tone paint. 10 foot ceilings both up and down stairs, covered patio. 42' maple cabinets, huge island with corain counter tops. Large walk-in pantry. Lots of storage space. Soft-water loop. Master bath features a garden tub and a dual head shower with glass block. Extra large walk-in closet and a deck off the master. Close to schools, shopping, and colleges. Don't miss this chance to own a rare find in a highly sought after Gilbert neighborhood.

Last Agent to Sell the Property

Darren Passey

Denman Realty Group, L.L.C License #SA543439000 Listed on: 09/29/2011

Last Buyer's Agent

Todd Hall

Jason Mitchell Real Estate License #SA628109000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 2004

Lot Details

  • 9,528 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

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

Home Design

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

Interior Spaces

  • 3,739 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 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

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Community Details

  • Property has a Home Owners Association
  • Association fees include (see remarks)
  • Built by Amberwood
  • Spectrum At Val Vista Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 304-45-327

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,235

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lindsay & Pecos
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 9/11
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2004
  • Tax Year: 2010
  • Directions: East on Pecos, North on Morrison, West on Frances on on South side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Spectrum at Val Vista
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3739.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • 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: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

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

  • Lot Size Sq Ft: 9528.0
  • Parcel #: 304-45-327
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Amberwood

Tax Info

  • Tax Annual Amount: 2235.06
  • Tax Book Number: 304.00
  • Tax Lot: 3
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2011
Closed on
Feb 23, 2012
Sold by
Schern Kristen
Bought by
Schern Michael
Seller's Agent
Darren Passey
Denman Realty Group, L.L.C
Buyer's Agent
Todd Hall
Jason Mitchell Real Estate
List Price
$335,000
Sold Price
$290,000
Premium/Discount to List
-$45,000
-13.43%
Total Days on Market
124
Current Estimated Value
$864,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,072
Avg. Annual Appreciation
8.56%
Original Mortgage
$275,500
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2011
Closed on
Feb 21, 2012
Sold by
Schern Michael
Bought by
Zimmerman Jonathan G and Zimmerman Erin E
Seller's Agent
Darren Passey
Denman Realty Group, L.L.C
Buyer's Agent
Todd Hall
Jason Mitchell Real Estate
List Price
$335,000
Sold Price
$290,000
Premium/Discount to List
-$45,000
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2011
Sold by
Hao Xinfeng and Li Ming
Bought by
Schern Michael

Purchase Details

Closed on
Apr 25, 2005
Sold by
Silverado At Spectrum Development Llc
Bought by
Li Ming and Hao Xinfeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 21, 2003
Sold by
Specres Inc
Bought by
Summerset Marketing Enterprises Inc
Source: Public Records

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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
Schern Michael -- American Title Service Agenc
Zimmerman Jonathan G $290,000 American Title Service Agenc
Schern Michael $23,000 None Available
Li Ming $389,995 Security Title Agency Inc
Summerset Marketing Enterprises Inc $3,239,493 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Jonathan G $99,000
Open Zimmerman Jonathan G $308,500
Closed Zimmerman Jonathan G $313,100
Closed Zimmerman Jonathan G $328,000
Closed Zimmerman Jonathan G $40,000
Closed Zimmerman Jonathan G $275,500
Previous Owner Li Ming $350,000
Previous Owner Li Ming $193,600
Previous Owner Li Ming $321,000
Previous Owner Li Ming $311,950
Closed Summerset Marketing Enterprises Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2012 02/23/12 Sold $290,000 -1.7% $78 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/19/2012 01/19/12 Price Changed $294,900 -1.7% $79 / Sq Ft
10/31/2011 10/31/11 Price Changed $299,999 -4.7% $80 / Sq Ft
10/28/2011 10/28/11 Price Changed $314,900 -1.6% $84 / Sq Ft
10/12/2011 10/12/11 Price Changed $319,900 -4.5% $86 / Sq Ft
09/29/2011 09/29/11 For Sale $335,000 -- $90 / 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 $2,920 $39,641 -- --
2024 $2,942 $37,753 -- --
2023 $2,942 $57,080 $11,410 $45,670
2022 $2,854 $39,570 $7,910 $31,660
2021 $3,006 $37,960 $7,590 $30,370
2020 $2,958 $35,560 $7,110 $28,450
2019 $2,722 $34,750 $6,950 $27,800
2018 $2,637 $35,500 $7,100 $28,400
2017 $2,546 $34,470 $6,890 $27,580
2016 $2,610 $34,370 $6,870 $27,500
2015 $2,397 $31,450 $6,290 $25,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4653980

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-45-327