NOT LISTED FOR SALE

903 E Boston St Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $908,000 - $1,025,000

5 Beds
3.5 Baths
3,919 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $880,000 $225 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,506/month

41 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Wood Flooring
  • Spectrum Elementary School Rated A
  • Home Energy Rating Service (HERS) Rated Property
  • Granite Countertops

About This Home

As of September 2022

This dream home has it all, including owned solar panels and a pool in the popular neighborhood of Velvendo. The inside is exactly what you want: a white kitchen with custom stacked shaker cabinets to the ceiling, wood floors, a huge 12-foot island for gathering your crew, and a large open-concept great room with a flood of natural light, 10 foot ceilings, and 5 1/4 inch baseboards. In addition to the 4 bedrooms and loft upstairs with brand new carpet, there is also a downstairs 5th bedroom, an enclosed bonus room that would make an awesome dining room, playroom, or office. The split 3-car garage is equipped with a 50A outlet for charging an electric vehicle. You can't beat the location with easy freeway access and nearby shopping, dining, and entertainment.

Last Agent to Sell the Property

Stephanie Cook

Haven Realty License #BR560903000 Listed on: 07/22/2022

Last Buyer's Agent

Bala Gandham

HomeSmart License #SA700852000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 2013

Lot Details

  • 8,750 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,919 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Solar Power System

Pool

  • Private Pool
  • Pool Pump

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

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 304-80-905

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 2013

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Williams Field
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 100.0
  • Basement: N
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Solar Panels Grid: On
  • Year Built: 2013
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: ESTATES AT VELVENDO PHASE 1
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 224.54
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3919.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: 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
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Spray Foam Insulation
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo Community
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Velvendo Community
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 900.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Renaissance
  • 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 #: 304-80-905
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump, Low-Flow Fixtures

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 3673.0
  • Tax Book Number: 304.00
  • Tax Lot: 95
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 22, 2022
Sold by
Schmidt William R and Schmidt Dawn A
Bought by
Chada Srikanth
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Bala Gandham
HomeSmart
List Price
$1,050,000
Sold Price
$880,000
Premium/Discount to List
-$170,000
-16.19%
Views
16
Current Estimated Value
$967,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,817
Avg. Annual Appreciation
2.95%
Original Mortgage
$748,000
Outstanding Balance
$712,910
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$254,907

Purchase Details

Closed on
Oct 26, 2020
Sold by
Schmidt William R
Bought by
Schmidt William R and Schmidt Van Landingham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 28, 2020
Sold by
Cook Douglas K
Bought by
Schmidt William R
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Stephanie Cook
Haven Realty
List Price
$685,000
Sold Price
$660,000
Premium/Discount to List
-$25,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$510,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2019
Closed on
Sep 24, 2019
Sold by
Cook Steven W and Cook Stephanie L
Bought by
Cook Douglas K
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Stephanie Cook
Haven Realty
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Meritage Homes Of Arizona Inc
Bought by
Cook Steven W and Cook Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.51%
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
Chada Srikanth $880,000 Great American Title
Schmidt William R -- First American Title Ins Co
Schmidt William R $660,000 Empire West Title Agency Llc
Cook Douglas K $635,000 Empire West Title Agency Llc
Cook Steven W $444,064 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chada Srikanth $748,000
Previous Owner Schmidt William R $509,500
Previous Owner Schmidt William R $510,400
Previous Owner Cook Steven W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $880,000 -2.1% $225 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $899,000 -5.4% $229 / Sq Ft
08/11/2022 08/11/22 Price Changed $950,000 -4.0% $242 / Sq Ft
08/02/2022 08/02/22 Price Changed $990,000 -5.7% $253 / Sq Ft
07/13/2022 07/13/22 For Sale $1,050,000 +59.1% $268 / Sq Ft
02/03/2020 02/03/20 Sold $660,000 -0.8% $168 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $665,000 -2.1% $170 / Sq Ft
11/01/2019 11/01/19 Price Changed $679,000 -0.9% $173 / Sq Ft
10/24/2019 10/24/19 For Sale $685,000 +7.9% $175 / Sq Ft
10/09/2019 10/09/19 Sold $635,000 0.0% $162 / Sq Ft View Prior Sale
09/02/2019 09/02/19 Pending -- -- --
08/03/2019 08/03/19 Pending -- -- --
08/03/2019 08/03/19 Price Changed $635,000 +3.3% $162 / Sq Ft
07/22/2019 07/22/19 Price Changed $615,000 -1.6% $157 / Sq Ft
07/20/2019 07/20/19 Price Changed $625,000 -0.8% $159 / Sq Ft
07/19/2019 07/19/19 Price Changed $630,000 -0.8% $161 / Sq Ft
07/14/2019 07/14/19 Price Changed $635,000 -2.3% $162 / Sq Ft
06/28/2019 06/28/19 For Sale $650,000 -- $166 / 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 $4,203 $52,443 -- --
2024 $4,048 $49,945 -- --
2023 $4,048 $70,360 $14,070 $56,290
2022 $3,915 $51,930 $10,380 $41,550
2021 $4,071 $49,500 $9,900 $39,600
2020 $4,002 $44,960 $8,990 $35,970
2019 $3,673 $43,560 $8,710 $34,850
2018 $3,564 $40,850 $8,170 $32,680
2017 $3,431 $39,330 $7,860 $31,470
2016 $3,520 $38,860 $7,770 $31,090
2015 $3,173 $35,720 $7,140 $28,580
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Cook

    Seller's Agent in 2022

    Stephanie Cook

    Haven Realty

    (480) 710-7539

    2 in this area

    34 Total Sales

    Stephanie Cook
    Section Image

  • B

    Buyer's Agent in 2022

    Bala Gandham

    HomeSmart

    (602) 230-7600

    1 in this area

    11 Total Sales

    Bala Gandham
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6433497

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-905

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

903 E Boston St, 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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