NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,089,392

5 Beds
4 Baths
4,271 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $595,000 $139 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,027/month

1 Day on Market

Highlights

  • Heated Lap Pool
  • Mountain View
  • Private Yard
  • Spectrum Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of July 2018

This spacious home has 5 bedrooms, including a mother-in-law suite on the first floor, a den, loft, huge laundry room on the 1st floor and a laundry closet on the 2nd floor, both formal dining and living rooms, and a large and open great room. The kitchen has on-trend dark, shaker style cabinets with modern hardware, stainless appliances, granite, large island, walk-in pantry, and butler's pantry. The master has a walk-out deck that takes advantage of the premium lot bordering common area and overlooks the pristine pool. The $70k heated & cooled pool essentially takes care of itself with a in-floor cleaning system, automatic safety cover, completely automated salt water system...no pool guy or chemicals needed! Prime location in the 4th best school district in the nation!

Last Agent to Sell the Property

Stephanie Cook

Haven Realty License #BR560903000 Listed on: 05/22/2018

Last Buyer's Agent

Karin Hansen

HomeSmart License #SA575967000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 2013

Lot Details

  • 8,750 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,271 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Lap Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 304-80-904

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 906-4940
  • Built by Meritage
  • Estates At Velvendo Subdivision, Rocky Mountain Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,665

Year Built

Built in 2013

Lot Details

0

HOA Fees

$89 per month

Parking

4

Listing Details

  • Cross Street: Lindsay & Williams Field
  • 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 Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2017
  • Directions: South on Lindsay, East on Bernie, North on Heritage, East on Boston. Home is on the right.
  • Master Model: Rocky Mountain
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Estates at Velvendo
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • 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
  • Windows:Low-E: Yes
  • Cooling:Central Air: 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
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4271.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Sprinklers In Front, Desert Front, Auto Timer H2O Front
  • Pool Features: Variable Speed Pump, Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Other, See Remarks, 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
  • Association Fee: 89.25
  • Association Fee Frequency: Monthly
  • Association Name: Velvendo HOA
  • Phone: 602-906-4940
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velvendo HOA
  • Association Fees:HOA Telephone4: 602-906-4940
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 178.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2: 17850.0
  • 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 #: 304-80-904

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Recirculation Pump
  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 3665.0
  • Tax Book Number: 304.00
  • Tax Lot: 94
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
May 31, 2018
Sold by
Kalamaris Gina and Kalamaris Stratios
Bought by
Kalamaris Stratios and Kalamaris Gina
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Karin Hansen
HomeSmart
List Price
$598,000
Sold Price
$595,000
Premium/Discount to List
-$3,000
-0.5%
Current Estimated Value
$1,056,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,598
Avg. Annual Appreciation
8.66%
Original Mortgage
$535,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2013
Closed on
Dec 19, 2013
Sold by
Meritage Homes Of Arizona Inc
Bought by
Kumaraswamy Latha and Rajendran Murali
Seller's Agent
Janine Long
Lockman & Long Real Estate
Buyer's Agent
savitri savajiyani
Air One Realty LLC
List Price
$520,870
Sold Price
$494,900
Premium/Discount to List
-$25,970
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$470,155
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kalamaris Stratios -- Lawyers Title Of Arizona Inc
Kalamaris Stratios $595,000 Lawyers Title Of Arizona Inc
Kumaraswamy Latha $494,900 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalamaris Stratios $535,500
Previous Owner Kumaraswamy Latha $470,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $595,000 -0.5% $139 / Sq Ft
05/23/2018 05/23/18 For Sale $598,000 +0.5% $140 / Sq Ft
05/22/2018 05/22/18 Off Market $595,000 -- --
05/22/2018 05/22/18 For Sale $598,000 +20.8% $140 / Sq Ft
12/19/2013 12/19/13 Sold $494,900 -1.0% $116 / Sq Ft
11/24/2013 11/24/13 Pending -- -- --
11/08/2013 11/08/13 Price Changed $499,900 -3.0% $117 / Sq Ft
10/07/2013 10/07/13 Price Changed $515,307 -2.6% $120 / Sq Ft
09/04/2013 09/04/13 Price Changed $529,307 +0.6% $124 / Sq Ft
08/07/2013 08/07/13 Price Changed $526,307 -0.1% $123 / Sq Ft
07/08/2013 07/08/13 Price Changed $526,870 +0.4% $123 / Sq Ft
06/17/2013 06/17/13 Price Changed $524,870 +0.8% $123 / Sq Ft
06/04/2013 06/04/13 For Sale $520,870 -- $122 / 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 $4,295 $55,482 -- --
2024 $4,317 $52,840 -- --
2023 $4,317 $75,610 $15,120 $60,490
2022 $4,177 $55,670 $11,130 $44,540
2021 $4,342 $53,230 $10,640 $42,590
2020 $4,268 $50,580 $10,110 $40,470
2019 $3,920 $49,420 $9,880 $39,540
2018 $3,805 $46,720 $9,340 $37,380
2017 $3,665 $45,380 $9,070 $36,310
2016 $3,759 $41,630 $8,320 $33,310
2015 $3,391 $38,270 $7,650 $30,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5769556

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-904