$845,000
SOLD MAY 16, 2025

987 E Knightsbridge Way Gilbert, AZ 85297

South Gilbert Neighborhood
4 Beds
3.5 Baths
3,338 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Heated Spa
  • Solar Power System
  • 3 Car Direct Access Garage
  • Weinberg Gifted Academy Rated A
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of May 2025

Resort-Style Backyard Oasis! Stunning 4-bed, 3.5-bath home offers 2 levels of modern luxury with a loft, freshly painted interior, wood-look tile flooring & custom wine bar with bev fridge. The open kitchen boasts top-tier SS appliances including a gas stove & wall ovens, quartz counters, & huge island, perfect for entertaining. Spacious primary suite features an ensuite with an EPIC walk-in shower & a walk-in closet. Full bed & bath on the first floor. Updated windows & doors lead to a backyard with a custom resort style pool & spa, synthetic grass & pergola. A 3-car tandem garage with storage & OWNED SOLAR PANELS add convenience & efficiency. Located in a family-friendly community with a biking/walking path & playground & quick access to highways, top-rated schools, shopping, & dining!

Last Agent to Sell the Property

Kim Panozzo

HomeSmart License #SA538315000 Listed on: 04/03/2025

HomeSmart

Co-Listed By

Patricia Aboukhaled

HomeSmart License #SA697768000

Last Buyer's Agent

Scott Dempsey

Redfin Corporation License #SA633871000

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 2018

Lot Details

  • 6,600 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $85 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 3,338 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Pool Updated in 2022
  • Heated Spa
  • Heated Pool

Schools

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

Utilities

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

Additional Features

  • Solar Power System
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 313-23-023

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Kensington Estates Phase 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 2018

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Cross Street: Germann Rd & Lindsay Rd
  • 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: 85.0
  • Basement: N
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From E Germann Rd, head S on S Lindsay Rd, left on E Bayswater Way, right on S Redcliffe Dr, left on E Knightsbridge Way, home is on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: cril35
  • Co List Office Phone: 480-307-8326
  • Subdivision Name: KENSINGTON ESTATES PHASE 1
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 85.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • 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
  • Living Area: 3338.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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), Programmable Thmstat
  • 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: Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 85.0
  • Association Fee Frequency: Monthly
  • Association Name: Kensington Estates
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Kensington Estates
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 340.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 170.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: 602-957-9191

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Weinberg Gifted Academy
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6600.0
  • Parcel #: 313-23-023
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2548.0
  • Tax Book Number: 313.00
  • Tax Lot: 23
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 6, 2025
Sold by
Mcpherson Gray and Mcpherson Sarah
Bought by
Shah Jay and Gujarathi Ruchi
Seller's Agent
Kim Panozzo
HomeSmart
Buyer's Agent
Scott Dempsey
Redfin Corporation
List Price
$830,000
Sold Price
$845,000
Premium/Discount to List
$15,000
1.81%
Total Days on Market
11
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.58%
Original Mortgage
$676,000
Outstanding Balance
$676,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$153,512

Purchase Details

Closed on
Jan 5, 2018
Sold by
Woodside Homes Sales Az Llc
Bought by
Mcpherson Gary and Mcpherson Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2017
Sold by
Jen Properties 24 Llc
Bought by
Woodside Homes Sales Az Llc
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 Type Sale Price Title Company
Warranty Deed $845,000 Security Title Agency
Special Warranty Deed $505,593 Security Title Agency Inc
Cash Sale Deed $2,130,084 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $676,000 New Conventional
Previous Owner $149,798 Credit Line Revolving
Previous Owner $440,000 New Conventional
Previous Owner $453,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $845,000 +1.8% $253 / Sq Ft
04/03/2025 04/03/25 For Sale $830,000 -- $249 / 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 $2,548 $32,979 -- --
2024 $2,493 $31,409 -- --
2023 $2,493 $61,670 $12,330 $49,340
2022 $2,409 $46,650 $9,330 $37,320
2021 $2,520 $44,520 $8,900 $35,620
2020 $2,514 $42,080 $8,410 $33,670
2019 $2,450 $34,180 $6,830 $27,350
2018 $227 $7,590 $7,590 $0
2017 $210 $2,595 $2,595 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6845390

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-023