NOT LISTED FOR SALE

Estimated Value: $1,332,000 - $1,452,000

6 Beds
4 Baths
5,646 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,275,000 $226 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,045/month

115 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Contemporary Architecture
  • Spectrum Elementary School Rated A
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of February 2023

Come check out this beautifully modernized 6 Bedroom, 4 Bathroom home situated on a large corner lot in the Velvendo subdivision. This 5,674sqft beauty sits on just shy of 1/3 an acre, with tasteful upgrades on the inside and out. As you walk in, you are greeted with high ceilings, large windows allowing plenty of natural light and fully upgraded finishes throughout. The downstairs consists of an office/den, a large living room that flows right into the kitchen, and a generously sized over 900sqft primary bedroom. This bedroom has a walk-in waterfall shower, stand alone tub, separated sinks, and a spacious walk-in closet. The second story has a large loft/play area, a charming wet bar, and did I mention a fully custom MOVIE ROOM?! The only thing this home is missing is you and your family!

Last Agent to Sell the Property

Nicolas Palladino

Realty Executives License #SA690684000 Listed on: 06/23/2022

Co-Listed By

Leonard Behie

AZ Brokerage Holdings, LLC License #SA646088000

Last Buyer's Agent

Guy Forbis

My Home Group Real Estate License #SA680956000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,489

Year Built

  • Built in 2015

Lot Details

  • 0.32 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,646 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Tinted Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include street maintenance
  • Rcp Association, Phone Number (480) 813-6788
  • Built by Meritage Homes
  • Estates At Velvendo Phase 2 Subdivision

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 304-86-818

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,489

Year Built

Built in 2015

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Cross Street: Williams Field and 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: 100.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: reax33
  • Co List Office Phone: 623-561-8800
  • Subdivision Name: ESTATES AT VELVENDO PHASE 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 300.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5646.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Tinted Windows, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric, Ceiling
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Velvendo HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Velvendo HOA
  • Association Fees:HOA Telephone4: 480-813-6788
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 357.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: RCP
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

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: 14038.0
  • Parcel #: 304-86-818

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 5489.0
  • Tax Book Number: 304.00
  • Tax Lot: 198
  • Tax Map Number: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Feb 6, 2023
Sold by
Gutierrez Ricky A
Bought by
Bell Leslie A
Seller's Agent
Nicolas Palladino
Realty Executives
Buyer's Agent
Guy Forbis
My Home Group Real Estate
List Price
$1,595,000
Sold Price
$1,275,000
Premium/Discount to List
-$320,000
-20.06%
Views
34
Current Estimated Value
$1,385,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,707
Avg. Annual Appreciation
3.28%
Original Mortgage
$500,001
Outstanding Balance
$481,136
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$904,571

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 20, 2018
Sold by
Schiefer Joseph W
Bought by
Gutierrez Ricky
Seller's Agent
William Lewers
eXp Realty
Buyer's Agent
Harley White
Goddes Homes
List Price
$875,000
Sold Price
$827,500
Premium/Discount to List
-$47,500
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$496,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2016
Sold by
Gunder Carey A
Bought by
Schiefer Joseph W

Purchase Details

Closed on
Dec 3, 2014
Sold by
Meritage Homes Of Arizona Inc
Bought by
Schiefer Joseph W and Gunder Carey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Bell Leslie A $1,275,000 Ez Title
Gutierrez Ricky $827,500 Great American Title Agency
Schiefer Joseph W -- None Available
Schiefer Joseph W $763,197 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Leslie A $500,001
Previous Owner Gutierrez Ricky $496,500
Previous Owner Schiefer Joseph W $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,275,000 -1.5% $226 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $1,295,000 -7.2% $229 / Sq Ft
08/19/2022 08/19/22 Price Changed $1,395,000 -6.7% $247 / Sq Ft
07/26/2022 07/26/22 Price Changed $1,495,000 -6.3% $265 / Sq Ft
06/23/2022 06/23/22 For Sale $1,595,000 +92.7% $283 / Sq Ft
09/04/2018 09/04/18 Sold $827,500 -1.5% $146 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $840,000 -1.2% $148 / Sq Ft
07/20/2018 07/20/18 Price Changed $850,000 -0.9% $150 / Sq Ft
06/28/2018 06/28/18 Price Changed $858,000 -1.0% $151 / Sq Ft
06/21/2018 06/21/18 Price Changed $867,000 -0.9% $153 / Sq Ft
06/14/2018 06/14/18 For Sale $875,000 -- $154 / 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 $5,440 $68,495 -- --
2024 $5,471 $65,233 -- --
2023 $5,471 $93,330 $18,660 $74,670
2022 $5,295 $69,060 $13,810 $55,250
2021 $5,489 $66,370 $13,270 $53,100
2020 $5,399 $63,850 $12,770 $51,080
2019 $4,981 $63,070 $12,610 $50,460
2018 $4,837 $60,270 $12,050 $48,220
2017 $4,687 $58,930 $11,780 $47,150
2016 $4,861 $58,870 $11,770 $47,100
2015 $787 $8,656 $8,656 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6423904

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-86-818