NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,026,000

5 Beds
4 Baths
3,919 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $510,000 $130 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,558/month

67 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Covered Patio or Porch
  • Spectrum Elementary School Rated A
  • Granite Countertops
  • 3 Car Direct Access Garage

About This Home

As of October 2016

Below Market Pricing! This gorgeous 2-story is located perfectly in the heart of the quiet, prestigious subdivision of Velvendo. Location location location. It’s turn-key perfect for your fussiest buyers. Located next to common area and secluded trail that leads to Velvendo’s stream, pond and picnic areas. Tons of privacy. This home features many upgrades and the floorplan is an entertainer’s dream. Custom kitchen features 42” cherry cabinets and a 12-foot granite island. Laundry room adjacent to kitchen recently upgraded with brand new cabinets and granite counter tops. Huge great room features plantation shutters and high-end 5.1 surround sound speakers. Convenient guest bedroom and office on main floor. Formal dining room with butler pantry. 3-car garage. (Click MORE) This home boasts a brand new pool and landscaping as of March 2015 for over $60k. Custom pool including travertine decking, grotto waterfall, in-floor cleaning system, pebble-tec, basketball hoop, and baja step with bubblers. In ground trampoline. Custom outdoor rock speakers blend nicely with the landscaping and offer a one-of-a-kind listening experience. This back yard is one you do not want to miss. Many more upgrades include energy efficient spray foam insulation, energy star appliances, energy star programmable thermostat, low E2 windows, upgraded HVAC, CFL lighting. Very low electricity bills. You really do not want to miss this house – it is a 10+!!

Last Agent to Sell the Property

Nathaniel Hastings

DPR Realty LLC License #SA577318000 Listed on: 07/22/2016

DPR Realty LLC

Last Buyer's Agent

Mason Arias

Cactus Mountain Properties, LLC License #SA650183000

Cactus Mountain Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 2013

Lot Details

  • 8,750 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $89 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • 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
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • 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
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 304-80-903

Community Details

Overview

  • Association fees include ground maintenance
  • Velvendo Association, Phone Number (602) 957-9191
  • Built by Meritage Homes
  • Velvendo Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,739

Year Built

Built in 2013

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Cross Street: Lindsay/Williamsfield
  • 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
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2015
  • Directions: South on Lindsay, East on Bernie Ln (over the bridge), North on Heritage Dr, East on Boston St. Home is on the right adjacent to the common area.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Velvendo
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 89.25
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3919.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: 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
  • 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:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 89.25
  • Association Fee Frequency: Monthly
  • Association Name: Velvendo
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velvendo
  • Association Fees:HOA Telephone4: 602-957-9191
  • 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 #: 304-80-903
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2739.0
  • Tax Book Number: 304.00
  • Tax Lot: 93
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 3, 2016
Sold by
Hillstead Matthew
Bought by
Sanchez Denise
Seller's Agent
Nathaniel Hastings
DPR Realty LLC
Buyer's Agent
Mason Arias
Cactus Mountain Properties, LLC
List Price
$565,000
Sold Price
$510,000
Premium/Discount to List
-$55,000
-9.73%
Current Estimated Value
$981,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,684
Avg. Annual Appreciation
7.98%
Original Mortgage
$408,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 27, 2014
Sold by
Hillstead Alison Kay
Bought by
Hillstead Matthew
Seller's Agent
Janine Long
Lockman & Long Real Estate
Buyer's Agent
Janine Long
Lockman & Long Real Estate
List Price
$507,856
Sold Price
$455,000
Premium/Discount to List
-$52,856
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$417,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 25, 2014
Sold by
Meritage Hornesarizona Inc
Bought by
Hillstead Matthew
Seller's Agent
Janine Long
Lockman & Long Real Estate
Buyer's Agent
Janine Long
Lockman & Long Real Estate
List Price
$507,856
Sold Price
$455,000
Premium/Discount to List
-$52,856
-10.41%

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
4.09%
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
Sanchez Denise $510,000 Pioneer Title Agency Inc
Hillstead Matthew -- Carefree Title Agency Inc
Hillstead Matthew $455,000 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Denise $408,000
Previous Owner Hillstead Matthew $417,000
Previous Owner Hillstead Matthew $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $510,000 -1.0% $130 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $514,900 -1.9% $131 / Sq Ft
08/26/2016 08/26/16 Price Changed $524,900 -2.8% $134 / Sq Ft
08/10/2016 08/10/16 Price Changed $539,900 -1.8% $138 / Sq Ft
07/30/2016 07/30/16 Price Changed $549,900 -2.7% $140 / Sq Ft
07/22/2016 07/22/16 For Sale $565,000 +24.2% $144 / Sq Ft
09/12/2014 09/12/14 Sold $455,000 -3.2% $116 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
02/26/2014 02/26/14 Price Changed $469,995 -2.1% $120 / Sq Ft
01/29/2014 01/29/14 Price Changed $479,995 +1.1% $122 / Sq Ft
12/13/2013 12/13/13 Price Changed $474,900 -0.4% $121 / Sq Ft
12/06/2013 12/06/13 Price Changed $476,606 -6.8% $122 / Sq Ft
10/07/2013 10/07/13 Price Changed $511,606 +0.2% $131 / Sq Ft
09/04/2013 09/04/13 Price Changed $510,606 +0.8% $130 / Sq Ft
08/21/2013 08/21/13 Price Changed $506,606 -0.1% $129 / Sq Ft
08/07/2013 08/07/13 Price Changed $507,286 -0.1% $129 / Sq Ft
07/22/2013 07/22/13 For Sale $507,856 -- $130 / 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 $3,404 $45,384 -- --
2024 $3,422 $43,223 -- --
2023 $3,422 $72,480 $14,490 $57,990
2022 $3,307 $53,130 $10,620 $42,510
2021 $3,442 $50,670 $10,130 $40,540
2020 $3,382 $48,130 $9,620 $38,510
2019 $3,098 $46,910 $9,380 $37,530
2018 $3,004 $44,060 $8,810 $35,250
2017 $2,902 $42,710 $8,540 $34,170
2016 $2,991 $42,200 $8,440 $33,760
2015 $2,739 $35,720 $7,140 $28,580
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5473920

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-80-903