$626,112 - $675,000
RENTED AUG 1, 2024
5 Beds
3 Baths
2,566 Sq Ft
$251 Price per Sq Ft

Last Sold July 23, 2024

Last sale price $625,000 $244 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,820/month

About This Home

As of July 2024

Nestled in the sought-after Layton Lakes community of Gilbert, this exceptional 5-bedroom, 3-bathroom, 2 car garage home offers the perfect blend of modern comfort and resort-style living. With 2,566 sq. ft. of bright, airy living space, this residence is designed for relaxation and entertainment. Prepare culinary delights in the modern kitchen featuring 42'' cabinets, stainless steel appliances, a gas cooktop, granite countertops, and a stylish backsplash. Enjoy inviting living spaces, a formal dining area (or flex space), and a loft, perfect for creating lasting memories. A Primary suite with a spacious bathroom, four additional bedrooms and three bathrooms, including a convenient downstairs bedroom, provide ample space for everyone. Experience the plush comfort of brand-new carpet throughout the home.

The expansive backyard boasts artificial turf and mature landscaping, offering a low-maintenance oasis for outdoor gatherings and play. As a bonus there are no neighbors behind you. Experience the luxury of a soft water system and a reverse osmosis system. A fridge and washer/dryer are included.

Layton Lakes offers an unparalleled lifestyle with an array of top-notch amenities: sparkling lakes, sports courts (basketball, soccer, baseball, volleyball, tennis), a splash pad, play areas, expansive green belts, and a top-rated school within the community. Conveniently located near freeways, shopping centers, theaters, top-rated public and charter schools, and a variety of dining options.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Jul 22, 2024
Sold by
Shinde Sandip and Pillai Smitha T
Bought by
Nandi Ranajoy and Sen Ajali
Seller's Agent
Manjeet Bhatia
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$3,000
Views
28
Current Estimated Value
$644,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,028
Avg. Annual Appreciation
3.55%
Original Mortgage
$468,750
Outstanding Balance
$465,762
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$178,266

Purchase Details

Closed on
May 14, 2012
Sold by
Lennar Arizona Inc
Bought by
Shinde Sandip and Pillai Smitha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,690
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Lennard Layton Llc
Bought by
Lennar Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,690
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nandi Ranajoy $625,000 Stewart Title & Trust Of Phoen
Shinde Sandip $245,990 North American Title Company
Lennar Arizona Inc $1,215,855 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nandi Ranajoy $468,750
Previous Owner Shinde Sandip B $195,000
Previous Owner Shinde Sandip $274,327
Previous Owner Shinde Sandip $294,724
Previous Owner Shinde Sandip $34,600
Previous Owner Shinde Sandip $233,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $3,000 0.0% --
07/23/2024 07/23/24 Sold $625,000 0.0% $244 / Sq Ft
07/23/2024 07/23/24 For Rent $3,000 0.0% --
06/20/2024 06/20/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $639,999 -0.6% $249 / Sq Ft
05/20/2024 05/20/24 Price Changed $644,000 -0.9% $251 / Sq Ft
05/10/2024 05/10/24 Price Changed $649,900 -1.5% $253 / Sq Ft
04/26/2024 04/26/24 For Sale $659,900 0.0% $257 / Sq Ft
04/25/2024 04/25/24 Price Changed $659,900 0.0% $257 / Sq Ft
08/22/2023 08/22/23 Rented $2,699 0.0% --
08/10/2023 08/10/23 Price Changed $2,699 -6.9% $1 / Sq Ft
08/04/2023 08/04/23 For Rent $2,899 -- --

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 $2,463 $31,775 -- --
2024 $2,408 $30,262 -- --
2023 $2,408 $44,600 $8,920 $35,680
2022 $2,325 $33,160 $6,630 $26,530
2021 $2,432 $31,330 $6,260 $25,070
2020 $2,420 $29,450 $5,890 $23,560
2019 $2,325 $27,260 $5,450 $21,810
2018 $2,252 $24,960 $4,990 $19,970
2017 $2,109 $24,020 $4,800 $19,220
2016 $2,003 $24,310 $4,860 $19,450
2015 $1,966 $22,810 $4,560 $18,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map