See Home Value
Gilbert 85298
2551 E PENEDES Drive
$699,662*
House - Off Market

2551 E PENEDES Drive

Gilbert, AZ 85298
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2337 Sqft
$630,000 - $768,000
Reference Base Price*
-0.03%
Since Oct 1, 2022
AZ-Phoenix
Primary Model
Sold Jul 15, 2014
$355,000
$319,500 by Truwest Cu
Mortgage Due Aug 01, 2044
Sold Jul 15, 2014
$249,357

About This Property

$40K PRICE REDUCTION***VIRTUAL TOUR JUST ADDED TO MLS***PROFESSIONALLY DESIGNED MODEL HOME 4 SALE*** AN INCREDIBLE FULTON HOME IN FREEMAN FARMS IS AVAILABLE FOR THE MOST DISCERNING BUYER. UPGRADES EVERYWHERE!! 4 BED/2.5BATH/BONUS ROOM WITH A BEAUTIFULLY LANDSCAPED YARD. THIS HOME HAS BEEN CARED FOR IMPECCABLY! 10 PARKS AND BIKING/WALKING PATHS MAKE THIS AN INCREDIBLE COMMUNITY TO CALL HOME. WALK/BIKE TO THE NEW GILBERT REGIONAL PARK. CLOSE PROXIMITY TO SHOPPING, FREEWAYS, RESTAURANTS AND ENTERTAINMENT.

The manager has listed the unit size as 2337 square feet.
Unit Size
2,337Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$299
Property Type
House
Property Taxes
$204
HOA Dues
$470
Year Built
2012

Price History

Date / Event Date Event Price
Sep 5, 2022 No longer available -
No longer available
Jun 22, 2022 Price Decreased $699,900
↓ $25K (3.5%)
Price Decreased
Jun 16, 2022 Price Decreased $724,900
↓ $15K (2%)
Price Decreased
Jun 5, 2022 Listed $739,900
Listed
Jul 15, 2014 Sold to Homes Sales Corporation Fulton $249,357
Sold to Homes Sales Corporation Fulton

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,114
  • Total Building Area: 2,167
  • Gross Building Area: 2,167
  • Building Area: 2,167
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,167
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FREEMAN FARMS PHASE 3 PARCEL 4
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREEMAN FARMS PHASE 3 PARCEL 4 MCR 901-16

Ownership

  • Current Owner : FORSYTH TIMOTHY A
  • Previous Owner : FULTON HOMES SALES CORPORATION
  • Owner Before Previous Owner: FULTON HOMES SALES CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 816002

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 90116
  • Subdivision Phase Number: 3
  • Parcel: 304-81-537
  • Lot: 590
  • Meridian: SEC 22 TWN 2S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.2478
  • Longitude: -111.735

    Address

  • Full Address: 2551 E Penedes Dr
  • Address - House Number: 2551
  • Street Direction: E
  • Address - Street Name: Penedes
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R113
  • 4-Digit Zip Code: 2334
  • Zip Code: 85298

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,420
  • Tax Rate Code Area: 800606

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 726,129
  • High Value: 769,598
  • Low Value: 682,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,500
  • First Open Lien Mortgage Lender: TRUWEST CU
  • First Open Lien Mortgage Recording Date: Jul 15, 2014
  • First Open Lien Mortgage Loan Amount: $319,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $454,300
  • Market Land Value: $90,800
  • Market Improvement Value: $363,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,430
  • Assessed Land Value: $9,080
  • Assessed Improvements Value: $36,350

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Jul 15, 2014
  • Current Sale Transaction ID: 1006117859
  • Current Sale Price: $355,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2014-0461706
  • Previous Sale Recording Date: Jul 15, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $249,357
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: TRUWEST CU
  • First Mortgage Transaction Date: Jul 15, 2014
  • First Mortgage Loan Amount: $319,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,291 ft²
$279/ft²
$640,000 Sep 2, 2022
-
$730/mo
House
3 Beds
2 Baths
2,109 ft²
$294/ft²
$619,900 Nov 23, 2022
-
$667/mo
House
5 Beds
3.5 Baths
3,969 ft²
$202/ft²
$799,900 Feb 25, 2023
-
$758/mo
House
6 Beds
4 Baths
4,065 ft²
$200/ft²
$815,000 Oct 20, 2022
-
$779/mo

About Gilbert


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Frequently Asked Questions

When was property at 2551 East Penedes Drive built and last sold?
The property at 2551 East Penedes Drive was built in 2012 and last sold on Jun 30, 2014 for $355,000.
How much is this home worth?
The estimated value of the home located at 2551 East Penedes Drive is $731,984.
What are some comparable homes to 2551 East Penedes Drive?
Homes that are comparable to 2551 East Penedes Drive include a house property at 2683 East Blue Spruce Lane, 2571 East Tonto Drive, 2502 East Plum Street.

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