NOT LISTED FOR SALE

940 E Drexel Dr Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $695,000 - $726,811

4 Beds
3 Baths
2,767 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2022

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

Est. 2% decrease in value since last sale

Current estimated payment $4,151 / mo

20 Days on Market

Highlights

  • Private Pool
  • Santa Barbara Architecture
  • Great Room
  • Willie & Coy Payne Jr. High School Rated A
  • Loft
  • Granite Countertops

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 Parking

Home Design

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

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

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

Additional Features

  • North or South Exposure
  • Property is near bus stop

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

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

7,475 Sq Ft Lot

HOA Fees

$96 per month

Parking

3

Listing Details

  • Cross Street: Lindsay and Queen Creek
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.33
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2012
  • Tax Year: 2021
  • 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
  • General Property Description:PriceSqFt: 262.01
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Gas Oven, Gas Range
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, Upstairs
  • Living Area: 2767.0
  • Stories: 2
  • Window Features: Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: North/South Exposure, Desert Front, Desert Back, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Stucco, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

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:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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 Lot: 41

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
$713,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,047
Avg. Annual Appreciation
-0.39%

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
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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
Previous Owner Brock James B $270,000
Previous Owner Beach Mary Carol $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
07/15/2015 07/15/15 For Sale $364,777 -- $132 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,931 $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) 904-2637

    1 in this area

    26 Total Sales

    Michael Chiovari
    Section Image
  • Chris Guerrero

    Seller's Agent in 2015

    Chris Guerrero

    Realty One Group

    (602) 549-1458

    4 in this area

    81 Total Sales

    Chris Guerrero
    Section Image
  • Devin Guerrero

    Seller Co-Listing Agent in 2015

    Devin Guerrero

    Realty One Group

    (480) 861-6452

    6 in this area

    88 Total Sales

    Devin Guerrero
    Section Image
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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

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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