NOT LISTED FOR SALE

987 E Knightsbridge Way Gilbert, AZ 85297

South Gilbert Neighborhood

Estimated Value: $832,000 - $915,000

4 Beds
3.5 Baths
3,338 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2025

Last sale price $845,000 $253 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,843 / mo

11 Days on Market

Highlights

  • Heated Spa
  • Solar Power System
  • Loft
  • Willie & Coy Payne Jr. High School Rated A
  • Reverse Osmosis System
  • Covered Patio or Porch

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
  • 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 Parking

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 3,338 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Private Water Closet

Laundry

  • Laundry in unit
  • Washer Hookup

Eco-Friendly Details

  • North or South Exposure
  • Solar Power System

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
  • Programmable Thermostat
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near 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

6,600 Sq Ft Lot

HOA Fees

$85 per month

Parking

3

Listing Details

  • Cross Street: Germann Rd & Lindsay Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 85.0
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2022
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2024
  • 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
  • General Property Description:PriceSqFt: 253.15
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Microwave, Reverse Osmosis, Gas Oven, Gas Range, Water Softener Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, High Speed Internet, Upstairs, 9+ Flat Ceilings
  • Living Area: 3338.0
  • Stories: 2

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Brick Veneer
  • 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, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

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 DisclosureAddendum Affirmation: Yes
  • 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 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

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2548.0
  • Tax Book Number: 313.0
  • Tax Lot: 23
  • Tax Map Number: 23.0

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%
Views
50
Current Estimated Value
$851,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,075
Avg. Annual Appreciation
1.91%
Original Mortgage
$676,000
Outstanding Balance
$669,525
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$191,454

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
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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
Shah Jay $845,000 Security Title Agency
Mcpherson Gary $505,593 Security Title Agency Inc
Woodside Homes Sales Az Llc $2,130,084 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Jay $676,000
Previous Owner Mcpherson Gary $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,585 $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

  • Kim Panozzo

    Seller's Agent in 2025

    Kim Panozzo

    HomeSmart

    (480) 601-6400

    3 in this area

    858 Total Sales

    Kim Panozzo
    Section Image
  • Patricia Aboukhaled

    Seller Co-Listing Agent in 2025

    Patricia Aboukhaled

    HomeSmart

    (574) 514-4660

    2 in this area

    54 Total Sales

    Patricia Aboukhaled
    Section Image
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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

Arizona Maricopa County Gilbert 85297 South Gilbert

987 E Knightsbridge Way, 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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