NOT LISTED FOR SALE

941 E Lowell Ave Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $1,062,000 - $1,298,000

5 Beds
3.5 Baths
3,771 Sq Ft
$313/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.48 Acre Lot
  • Double Vanity
  • Spectrum Elementary School Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of October 2021

This amazing property offers incredible curb appeal, including grass in the front, grand entry including iron front door, and it's sitting on a half acre lot. As you walk in, you'll find vaulted ceilings, ceramic tile, an open and bright floor plan, gourmet kitchen with island and stainless steel. Large master bedroom with separate tub and shower, his/her vanities, walk-in closets. Outside offers a gorgeous swimming pool, fire pit, outside grill, garden area, and plenty of space for family or entertaining. Furniture will be removed, pool and landscape service included in rent.

Last Agent to Rent the Property

Julie Funk

Opulent Real Estate Group License #SA670663000 Listed on: 10/04/2021

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.48 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,771 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Velvendo Association, Phone Number (602) 906-4940
  • Estates At Velvendo Subdivision

Listing and Financial Details

  • Property Available on 10/4/21
  • 12-Month Minimum Lease Term
  • Tax Lot 57
  • Assessor Parcel Number 304-86-733

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2021-10-04

Listing Details

  • Cross Street: Lindsey and E Pecos Rd.
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Rental Info H O A Name: Velvendo
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.48
  • Subdivision Name: Estates at Velvendo
  • Property Attached Yn: No
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 3771.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Velvendo
  • Phone: 602-906-4940
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 20735.0
  • Parcel #: 304-86-733

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 57
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Palanisamy Babu
Bought by
Palanisamy Babu and Simons Sharon P
Current Estimated Value
$1,182,178

Purchase Details

Closed on
Jan 22, 2015
Sold by
Simons Sharon P
Bought by
Palanisamy Babu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,585
Outstanding Balance
$119,932
Interest Rate
3.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,062,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Palanisamy Babu -- None Available
Palanisamy Babu -- Carefree Title Agency Inc
Palanisamy Babu $637,388 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palanisamy Babu $156,585
Open Palanisamy Babu $417,000
Closed Palanisamy Babu $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Rented $3,600 +2.9% --
10/06/2021 10/06/21 Under Contract -- -- --
10/04/2021 10/04/21 For Rent $3,500 +16.7% --
10/01/2017 10/01/17 Rented $3,000 0.0% --
09/16/2017 09/16/17 Under Contract -- -- --
09/07/2017 09/07/17 For Rent $3,000 -- --
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 $5,016 $58,838 -- --
2024 $5,215 $56,036 -- --
2023 $5,215 $83,860 $16,770 $67,090
2022 $5,064 $62,650 $12,530 $50,120
2021 $5,230 $59,960 $11,990 $47,970
2020 $5,153 $57,420 $11,480 $45,940
2019 $4,794 $56,150 $11,230 $44,920
2018 $4,671 $53,330 $10,660 $42,670
2017 $3,942 $50,910 $10,180 $40,730
2016 $4,072 $50,570 $10,110 $40,460
2015 $1,073 $11,792 $11,792 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    Julie Funk

    Opulent Real Estate Group

    (319) 270-0578

    Julie Funk
    Section Image

  • N

    Tenant's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

  • Hemameena Muralidaran

    Seller's Agent in 2017

    Hemameena Muralidaran

    Investar Real Estate Specialists

    (480) 468-6638

    3 Total Sales

    Hemameena Muralidaran
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6302661

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-733

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

941 E Lowell Ave, Gilbert, AZ

Not Listed for Sale

Detached

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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