NOT LISTED FOR SALE

940 E Drexel Dr Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $708,325 - $737,000

4 Beds
3 Baths
2,767 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $725,000 $262 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,319/month

20 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Granite Countertops
  • Weinberg Gifted Academy Rated A
  • Santa Barbara Architecture
  • Tennis Courts

About This Home

As of April 2022

Welcome to your Beautiful Home in the highly desirable Layton Lakes Master Planned Community. This Columba Model built by Lennar features many builder upgrades. Downstairs you will find 1 bedroom & full bath (great for aging parents), Den/Office/Formal Dining, Large upgraded Kitchen with huge island, open floor plan. Kitchen features all appliances, Maple Cabinets, Breakfast Bar, Pantry, ceramic tile floors, wood flooring in dining and great room. Head upstairs to find 3 bedrooms and large loft with 2 full baths. Step outside to your backyard Oasis with beautiful sparkling POOL complete with water feature, a separate grass area and covered patio. This home features a Tandem Garage for 3 cars.

Last Agent to Sell the Property

Kelly Oxford

HUNT Real Estate ERA License #SA653792000 Listed on: 03/17/2022

Last Buyer's Agent

Michael Chiovari

Citiea License #SA671686000

Citiea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2012

Lot Details

  • 7,475 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $96 Monthly HOA Fees

Parking

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

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Location

  • Property is near a bus stop

Schools

  • Weinberg Elementary School
  • Willie & Coy Payne Jr. High Middle School
  • Perry High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 304-58-515

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by Lennar
  • Layton Lakes Subdivision, Columba Floorplan
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 2012

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Queen Creek
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.33
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2012
  • Tax Year: 2021
  • Directions: From Lindsay East on Queen Creek Rd, Left on South Layton Lakes Blvd, Left on Zion Dr., Left on Leisure Way, right on E Drexel, Home is on your Right.
  • Master Model: Columba
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: LAYTON LAKES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 289.0
  • 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
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2767.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • 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: Tandem Garage, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 289.0
  • Association Fee Frequency: Quarterly
  • Association Name: Layton Lakes HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Layton Lakes HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • 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 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Weinberg Elementary School
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7475.0
  • Parcel #: 304-58-515

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2858.0
  • Tax Book Number: 304.00
  • Tax Lot: 41
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 12, 2022
Sold by
Brock James B and Brock Joan M
Bought by
Sims Misty
Seller's Agent
Kelly Oxford
HUNT Real Estate ERA
Buyer's Agent
Michael Chiovari
Citiea
List Price
$660,000
Sold Price
$725,000
Premium/Discount to List
$65,000
9.85%
Current Estimated Value
$730,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,682
Avg. Annual Appreciation
0.22%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Aug 24, 2015
Sold by
Beach Mary Carol
Bought by
Brock James B and Broack Joan M
Seller's Agent
Chris Guerrero
Realty ONE Group
Buyer's Agent
Kelly Oxford
Realty85
List Price
$364,777
Sold Price
$360,000
Premium/Discount to List
-$4,777
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$270,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Lennar Arizona Inc
Bought by
Beach Mary Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.84%
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
Sims Misty $725,000 New Title Company Name
Brock James B $360,000 Driggs Title Agency Inc
Beach Mary Carol $270,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Misty $210,000
Closed Sims Misty $210,000
Previous Owner Brock James B $267,763
Previous Owner Brock James B $270,000
Previous Owner Beach Mary Carol $216,700
Previous Owner Beach Mary Carol $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $725,000 +9.8% $262 / Sq Ft
02/26/2022 02/26/22 For Sale $660,000 +83.3% $239 / Sq Ft
08/31/2015 08/31/15 Sold $360,000 -1.3% $130 / Sq Ft
07/15/2015 07/15/15 For Sale $364,777 -- $132 / 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 $2,893 $37,345 -- --
2024 $2,829 $35,567 -- --
2023 $2,829 $50,920 $10,180 $40,740
2022 $2,731 $38,600 $7,720 $30,880
2021 $2,858 $36,000 $7,200 $28,800
2020 $2,844 $34,320 $6,860 $27,460
2019 $2,732 $32,110 $6,420 $25,690
2018 $2,646 $31,360 $6,270 $25,090
2017 $2,478 $30,710 $6,140 $24,570
2016 $2,354 $32,430 $6,480 $25,950
2015 $2,310 $31,260 $6,250 $25,010
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kelly Oxford

    HUNT Real Estate ERA

  • Michael Chiovari

    Buyer's Agent in 2022

    Michael Chiovari

    Citiea

    (520) 833-4759

    1 in this area

    28 Total Sales

    Section Image
  • Chris Guerrero

    Seller's Agent in 2015

    Chris Guerrero

    Realty One Group

    (602) 549-1458

    5 in this area

    96 Total Sales

    Section Image
  • Devin Guerrero

    Seller Co-Listing Agent in 2015

    Devin Guerrero

    Realty One Group

    (480) 861-6452

    8 in this area

    100 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6361024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-58-515

Arizona Maricopa County Gilbert 85297 South Gilbert

940 E Drexel Dr, Gilbert, AZ

This home is located at 940 E Drexel Dr, Gilbert, AZ 85297 since 17 March 2022 and is currently estimated at $720,581, approximately $260 per square foot. This property was built in 2012. 940 E Drexel Dr is a home located in Maricopa County with nearby schools including Weinberg Gifted Academy, Willie & Coy Payne Jr. High School, and Legacy Online Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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