NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,061,000

6 Beds
4 Baths
4,271 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $930,000 $218 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,700/month

35 Days on Market

Highlights

  • Community Lake
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Spectrum Elementary School Rated A
  • 4 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of November 2022

***LOWER YOUR INTEREST RATE WITH A $10,000 CREDIT FROM THE SELLER*** Beautiful luxury home in the heart of one of the most desirable neighborhoods in Gilbert! Immaculate and well cared for by the original owners, this home is like new and has so much to offer. Enter through the beautiful custom entry gate to your new home. Downstairs are two full bedrooms, one full bathroom, plus a massive office with double doors. The laundry room is very spacious and there is an additional laundry area upstairs! The kitchen is gorgeous and highly upgraded with staggered espresso cabinets with crown molding, quarts countertops, backsplash, stainless steel appliances, and a butler's pantry across from the spacious walk-in pantry. The oversized sliding glass doors lead you to the perfectly landscaped backyard with artificial turf and travertine tile. There is also a side patio, perfect for outdoor dining. Upstairs you will find a huge loft perfect for movie nights; an enormous master suite that boasts a seating area and a spa-like bathroom; three additional bedrooms; and two more full bathrooms. Storage everywhere with so many walk-in closets. 4-car garage that will fit your oversized truck and toys. Extended driveway with even more parking options. Awesome location near so many great schools, restaurants, shopping, and excellent freeway access. Come see how perfect this home is!

Last Agent to Sell the Property

Shawni Moore

Keller Williams Realty East Valley License #SA669382000 Listed on: 09/15/2022

Keller Williams Realty East Valley

Co-Listed By

Matthew Kochis

Keller Williams Realty East Valley License #SA573321000

Last Buyer's Agent

George Saiki

Fathom Realty Elite License #SA533361000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 2017

Lot Details

  • 8,750 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,271 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Mechanical Fresh Air
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 304-86-802

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Managm Association, Phone Number (602) 437-4777
  • Built by Meritage
  • Estates At Velvendo Phase 2 Subdivision, Rocky Mountain Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,377

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Parking

4

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: N
  • Total Monthly Fee Equivalent: 100.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Tax Year: 2021
  • Master Model: Rocky Mountain
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: ESTATES AT VELVENDO PHASE 2
  • Efficiency: Fresh Air Mechanical
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 217.74
  • Association Fees:HOA Fee2: 300.0
  • 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: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4271.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Velvendo
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 450.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Managm
  • Association Fees:HOA Management Phone: (602) 437-4777

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 #: 304-86-802

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 3377.0
  • Tax Book Number: 304.00
  • Tax Lot: 171
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 18, 2022
Sold by
Rowland Brian and Rowland Deborah
Bought by
Knape Andrew
Seller's Agent
Shawni Moore
Keller Williams Realty East Valley
Buyer's Agent
George Saiki
Fathom Realty Elite
List Price
$1,049,000
Sold Price
$930,000
Premium/Discount to List
-$119,000
-11.34%
Views
17
Current Estimated Value
$1,013,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,245
Avg. Annual Appreciation
2.79%
Original Mortgage
$837,000
Outstanding Balance
$810,998
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$202,247

Purchase Details

Closed on
Oct 17, 2017
Sold by
Meritage Homes Of Arizona Inc
Bought by
Rowland Brian and Rowland Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knape Andrew $930,000 First American Title
Rowland Brian $530,000 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knape Andrew $837,000
Previous Owner Rowland Brian $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $930,000 -11.3% $218 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,049,000 -- $246 / 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 $3,497 $44,744 -- --
2024 $3,366 $42,613 -- --
2023 $3,366 $71,950 $14,390 $57,560
2022 $3,251 $53,550 $10,710 $42,840
2021 $3,377 $50,660 $10,130 $40,530
2020 $3,319 $48,150 $9,630 $38,520
2019 $3,048 $46,520 $9,300 $37,220
2018 $2,961 $10,920 $10,920 $0
2017 $526 $10,455 $10,455 $0
2016 $544 $9,015 $9,015 $0
2015 $541 $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: 6458102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-802