NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,002,000

5 Beds
3.5 Baths
3,919 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2022

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

Est. 11% increase in value since last sale

Current estimated payment $5,615 / mo

41 Days on Market

Highlights

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

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

Air One Realty LLC License #SA700852000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 2013

Lot Details

  • 8,750 Sq Ft Lot
  • 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

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
  • Great Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Fire Sprinkler System
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Electric Oven or Range
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Dual Flush Toilets
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • North or South Exposure
  • 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
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Multiple Phone Lines

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

8,750 Sq Ft Lot

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Williams Field
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 100.0
  • Energy Green Feature H E R S Rating: Y
  • 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
  • General Property Description:PriceSqFt: 224.54
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Water Softener Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, Upstairs, 9+ Flat Ceilings
  • Living Area: 3919.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Vinyl Frame, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Spray Foam Insulation, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo Community
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 900.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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

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: 304.0
  • Tax Lot: 95
  • Tax Map Number: 80.0

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
Air One Realty LLC
List Price
$1,050,000
Sold Price
$880,000
Premium/Discount to List
-$170,000
-16.19%
Views
11
Current Estimated Value
$974,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,216
Avg. Annual Appreciation
2.87%
Original Mortgage
$748,000
Outstanding Balance
$710,851
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$263,365

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
6.43%
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
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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

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

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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

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