NOT LISTED FOR SALE

985 E Sourwood Dr Gilbert, AZ 85298

South Gilbert Neighborhood

Estimated Value: $619,000 - $710,000

5 Beds
3 Baths
3,050 Sq Ft
$223/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $327,500 $107 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,948/month

17 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Haley Elementary School Rated A
  • Granite Countertops
  • Double Pane Windows

About This Home

As of January 2016

A Dream Home, nestled in the private enclave of Felty Farms; part of the Chandler Unified School District! Walking paths, outdoor playgrounds, parks for activities! Open Concept Floor Plan, w/ custom paint colors, wood blinds on all windows, high ceilings, and impressive entry with curved staircase leading to the Owner’s suite and private sitting room with balcony! 4 Bedrooms/2 Baths up; 1 bedroom/den down with hall bath! Cooks kitchen with granite composite sink, granite counters, gas range, eat-in island, casual dining and family room! Be sure to see the 3rd space in the garage and large laundry room for storage. Relax in your cool blue plaster pool or entertain on the expansive stamped concrete patios with 2 entrances to the backyard, and artificial turf! Great value/great location!

Last Agent to Sell the Property

Allan Andersen

Coldwell Banker Realty License #SA546982000 Listed on: 12/11/2015

Coldwell Banker Realty

Co-Listed By

Jane Andersen

Coldwell Banker Realty License #BR558231000

Last Buyer's Agent

Sandra Erickson

Prime Equity Real Estate License #SA651947000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 2007

Lot Details

  • 7,171 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2.5 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 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

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 304-72-614

Community Details

Overview

  • Association fees include ground maintenance
  • Associa Association, Phone Number (480) 892-5222
  • Built by CAPITAL PACIFIC
  • Felty Farms Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,459

Year Built

Built in 2007

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Cross Street: OCOTILLO & LINDSEY
  • 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: 67.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: FELTY FARMS
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 107.38
  • Association Fees:HOA Fee2: 67.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3050.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Garage Door Opener: 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: Playground, Biking/Walking Path
  • Association Fee: 67.0
  • Association Fee Frequency: Monthly
  • Association Name: FELTY FARMS HOA
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: FELTY FARMS HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 134.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: ASSOCIA
  • Association Fees:HOA Management Phone: 480-892-5222
  • Association Fees:Cap ImprovementImpact Fee 2: 134.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Haley Elementary
  • 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: 7171.0
  • Parcel #: 304-72-614

Building Info

  • Builder Name: CAPITAL PACIFIC

Tax Info

  • Tax Annual Amount: 2459.0
  • Tax Book Number: 304.00
  • Tax Lot: 81
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Matheus Leah K and Matheus Thomas F
Bought by
Park Buffy K and Buffy K Park Trust
Current Estimated Value
$689,244

Purchase Details

Listed on
Dec 11, 2015
Closed on
Dec 3, 2015
Sold by
Sandlin Matthew and Carmichael Brynn
Bought by
Matheus Leah K and Matheus Thomas F
Seller's Agent
Allan Andersen
Coldwell Banker Realty
Buyer's Agent
Sandra Erickson
Prime Equity Real Estate
List Price
$337,000
Sold Price
$327,500
Premium/Discount to List
-$9,500
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$262,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2012
Closed on
May 9, 2012
Sold by
Hart Barrett and Hart Tracy
Bought by
Sandlin Matthew and Carmichael Brynn
Seller's Agent
Capri Truvillion
Truvillion Realty Group LLC
Buyer's Agent
Patti Snyder-Park
eXp Realty
List Price
$225,000
Sold Price
$251,000
Premium/Discount to List
$26,000
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$225,900
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2007
Sold by
Capital Pacific Holding Inc
Bought by
Hart Barrett and Hart Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,899
Interest Rate
6.36%
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
Park Buffy K -- None Available
Matheus Leah K $327,500 Chicago Title Agency
Sandlin Matthew $251,000 Empire West Title Agency
Hart Barrett $413,630 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matheus Leah K $262,000
Previous Owner Sandlin Matthew $225,900
Previous Owner Hart Barrett $413,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2016 01/29/16 Sold $327,500 -2.8% $107 / Sq Ft
12/11/2015 12/11/15 For Sale $337,000 +34.3% $110 / Sq Ft
05/18/2012 05/18/12 Sold $251,000 +11.6% $82 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $225,000 -- $74 / 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 $3,366 $39,528 -- --
2024 $3,606 $37,646 -- --
2023 $3,606 $50,520 $10,100 $40,420
2022 $3,492 $37,180 $7,430 $29,750
2021 $3,582 $34,170 $6,830 $27,340
2020 $3,559 $32,550 $6,510 $26,040
2019 $3,431 $29,900 $5,980 $23,920
2018 $3,334 $29,470 $5,890 $23,580
2017 $3,146 $29,220 $5,840 $23,380
2016 $2,990 $30,170 $6,030 $24,140
2015 $2,459 $29,160 $5,830 $23,330
Source: Public Records

Agents Affiliated with this Home

  • Allan Andersen

    Seller's Agent in 2016

    Allan Andersen

    Coldwell Banker Realty

    (602) 684-9300

    17 Total Sales

    Allan Andersen
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jane Andersen

    Coldwell Banker Realty

    (602) 300-6394

    6 Total Sales

    Jane Andersen
    Section Image

  • S

    Buyer's Agent in 2016

    Sandra Erickson

    Prime Equity Real Estate

    (602) 318-3920

    2 Total Sales

    Sandra Erickson
    Section Image

  • C

    Seller's Agent in 2012

    Capri Truvillion

    Truvillion Realty Group LLC

  • Patti Snyder-Park

    Buyer's Agent in 2012

    Patti Snyder-Park

    eXp Realty

    (602) 684-7095

    26 Total Sales

    Patti Snyder-Park
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5372216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-72-614

Arizona Maricopa County Gilbert 85298 South Gilbert

985 E Sourwood Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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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