NOT LISTED FOR SALE

Estimated Value: $991,725 - $1,154,000

5 Beds
4.5 Baths
3,846 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $675,000 $176 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,262/month

11 Days on Market

Highlights

  • Mountain View
  • Community Lake
  • Main Floor Primary Bedroom
  • Spectrum Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2019

This VELVENDO LUXURY RESIDENCE delivers everything you've been searching for. Portraying EVERYDAY FUNCTIONALITY & DESIGNER LIVING in all ways, NEWER Nov 2017 Meritage Home craftsmanship, tech & valued efficiencies, Magazine Home Interior modeling all available structural options & exclusive finishes/upgrades, Today's Open Great Room floor plan w/expansive bonus spaces & two downstairs owner suites, Tastefully appointed Kitchen that would please a true chef, superior water-way home-site w/scenic views, green backyard space w/mature tree lines, flowering plants & travertine patio hardscape, prestigious VELVENDO master plan, prized Gilbert School options & FINALLY THE 11/10 Location.. RESIDE AT ONE OF ARIZONA'S MOST DESIRABLE ADDRESSES... WHERE CHANDLER MEETS GILBERT. This is the ONE! Nestled between both communities, gain super close access to ALL the new must-have amenities & attractions from all directions. The 60, 101 & San Tan 202 freeways, shopping, dining, entertainment, airports, hospitals, booming business corridors and hot new Southeast Valley Developments.

Last Agent to Sell the Property

Chris Guerrero

Realty ONE Group License #SA649847000 Listed on: 08/01/2019

Co-Listed By

Devin Guerrero

Realty ONE Group License #SA649849000

Last Buyer's Agent

Jonas Funston

Realty ONE Group License #SA563488000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 2017

Lot Details

  • 8,750 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,846 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4.5 Bathrooms
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

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

Additional Features

  • Mechanical Fresh Air
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 304-80-930

Community Details

Overview

  • Association fees include ground maintenance
  • Velvendo HOA, Phone Number (480) 813-6788
  • Built by Meritage
  • Estates At Velvendo Subdivision, Sequoia Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,769

Year Built

Built in 2017

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Williams Field
  • Legal Info Range: 6E
  • 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: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2018
  • Directions: South on Lindsay, East on Bernie into Velvendo, South on Heritage, first left on Hampton, home is on your left.
  • Master Model: Sequoia
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: ESTATES AT VELVENDO
  • Efficiency: Fresh Air Mechanical, Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 89.25
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3846.0
  • Stories: 2
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: 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:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood, Spray Foam Insulation
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 89.25
  • Association Fee Frequency: Monthly
  • Association Name: Velvendo HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velvendo HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 357.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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 #: 304-80-930
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2769.0
  • Tax Book Number: 304.00
  • Tax Lot: 139
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 27, 2019
Sold by
Mcknight Jason and Mcknight Alicia
Bought by
Bavosa Nicholas J and Bavosa Janine G
Seller's Agent
Chris Guerrero
Realty ONE Group
Buyer's Agent
Jonas Funston
Realty ONE Group
List Price
$675,000
Sold Price
$675,000
Total Days on Market
11
Current Estimated Value
$1,053,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,681
Avg. Annual Appreciation
8.16%
Original Mortgage
$615,093
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 10, 2018
Sold by
Burns Robert William and Burns Roberta L
Bought by
Mcknight Jason and Mcknight Alicia
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Devin Guerrero
Realty ONE Group
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$355,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 1, 2017
Sold by
Cook Douglas K and Cook Sue Ann
Bought by
Burns Robert Williams and Burns Roberta L
Seller's Agent
Stephanie Cook
Haven Realty
Buyer's Agent
Devin Guerrero
Realty ONE Group
List Price
$550,000
Sold Price
$550,000

Purchase Details

Closed on
May 3, 2017
Sold by
Meritage Home Sof Arizona Inc
Bought by
Cook Douglas K and Cook Sue Ann
Source: Public Records

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Range of Values:

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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
Bavosa Nicholas J $675,000 Premier Title Agency
Mcknight Jason $550,000 Nextitle A Title And Escrow
Burns Robert Williams $550,000 Nextitle
Cook Douglas K $505,539 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bavosa Nicholas J $245,000
Open Bavosa Nicholas J $587,000
Closed Bavosa Nicholas J $620,022
Closed Bavosa Nicholas J $615,093
Previous Owner Mcknight Jason $191,500
Previous Owner Mcknight Jason $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $675,000 0.0% $176 / Sq Ft
07/31/2019 07/31/19 For Sale $675,000 +22.7% $176 / Sq Ft
11/21/2017 11/21/17 Sold $550,000 0.0% $143 / Sq Ft
11/03/2017 11/03/17 For Sale $550,000 -- $143 / 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 $3,090 $41,827 -- --
2024 $3,107 $39,835 -- --
2023 $3,107 $72,500 $14,500 $58,000
2022 $3,001 $53,560 $10,710 $42,850
2021 $3,151 $50,660 $10,130 $40,530
2020 $3,102 $44,950 $8,990 $35,960
2019 $2,849 $43,200 $8,640 $34,560
2018 $2,769 $10,920 $10,920 $0
2017 $684 $10,455 $10,455 $0
2016 $699 $9,015 $9,015 $0
2015 $683 $5,952 $5,952 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5959086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-930