See Home Value
Gilbert 85298
2740 E RAKESTRAW Lane
$673,897*
House - Off Market

2740 E RAKESTRAW Lane

Gilbert, AZ 85298
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2109 Sqft
$585,000 - $713,000
Reference Base Price*
3.69%
Since Apr 1, 2023
AZ-Phoenix
Primary Model
Sold Apr 28, 2023
$635,000
$571,500 by Equitable Home Mortgage, Inc.
Mortgage Due May 01, 2053
Sold Oct 26, 2016
$320,000
$272,000 by V I P Mortgage Inc
Mortgage Due Nov 01, 2046

About This Property

Take a look at this gorgeous property located in the highly desirable community of FREEMAN FARMS! We know you will LOVE the sparkling kitchen, walk-in pantry, 4 full bedrooms, 3 car-garage, double gates and backyard oasis. The fresh exterior paint, new interior paint, wood accents, and new lighting will WOW you. From the moment you enter the neighborhood, you will get ''the feeling''. This beautiful lake community with white picket fences has so much to offer featuring multiple basketball courts, Ramadas, tot-spots, playgrounds, greenbelts, walking/riding paths and mountain views. This gorgeous and well cared for home is ready for its new owner. The location of this home is EVERYTHING! We think you will enjoy living in the Town of Gilbert near DOWNTOWN GILBERT, the new GILBERT REGIONAL PARK and SANTAN VILLAGE MALL. You will have endless options for shopping, dining, and entertainment. Lastly, this home is located in the HIGLEY SCHOOL DISTRICT. Call to inquire today!

The manager has listed the unit size as 2109 square feet.
Unit Size
2,109Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$308
Property Type
House
Property Taxes
$225
HOA Dues
$461
Year Built
2009

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold to Emily Woolfork, Israel Wool... $635,000
Sold to Emily Woolfork, Israel Wool...
Mar 9, 2023 No longer available -
No longer available
Feb 25, 2023 Listed $649,900
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 2,109
  • Gross Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FREEMAN FARMS PHASE 2 PARCEL 2
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREEMAN FARMS PHASE 2 PARCEL 2 MCR 794-46

Ownership

  • Current Owner : WOOLFORK ISRAEL
  • Current Owner 2: WOOLFORK EMILY
  • Previous Owner : BINGHAM JENNIFER
  • Previous Owner 2: BINGHAM SAM
  • Owner Before Previous Owner: WESTCOTT RYAN
  • Owner Before Previous Owner 2: WESTCOTT RAEGAN N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 816001

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 79446
  • Subdivision Phase Number: 2
  • Parcel: 304-70-377
  • Lot: 246
  • Meridian: SEC 15 TWN 2S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.2534
  • Longitude: -111.731

    Address

  • Full Address: 2740 E Rakestraw Ln
  • Address - House Number: 2740
  • Street Direction: E
  • Address - Street Name: Rakestraw
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R021
  • 4-Digit Zip Code: 3428
  • Zip Code: 85298

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,824
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 637,587
  • High Value: 675,756
  • Low Value: 599,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $571,500
  • First Open Lien Mortgage Lender: EQUITABLE HOME MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $571,500
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $464,700
  • Market Land Value: $92,900
  • Market Improvement Value: $371,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,470
  • Assessed Land Value: $9,290
  • Assessed Improvements Value: $37,180

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11905832383
  • Current Sale Price: $635,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219871
  • Previous Sale Recording Date: Oct 26, 2016
  • Previous Sale Contract Date: Oct 21, 2016
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITABLE HOME MORTGAGE, INC.
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $571,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: V I P MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 26, 2016
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,109 ft²
$294/ft²
$619,900 Nov 23, 2022
-
$667/mo
House
3 Beds
2 Baths
2,291 ft²
$279/ft²
$640,000 Sep 2, 2022
-
$730/mo

About Gilbert


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Nearby Rentals

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Frequently Asked Questions

When was property at 2740 East Rakestraw Lane built and last sold?
The property at 2740 East Rakestraw Lane was built in 2009 and last sold on Apr 28, 2023 for $635,000.
How much is this home worth?
The estimated value of the home located at 2740 East Rakestraw Lane is $656,399.
What are some comparable homes to 2740 East Rakestraw Lane?
Homes that are comparable to 2740 East Rakestraw Lane include a house property at 2571 East Tonto Drive, 2683 East Blue Spruce Lane, which are both great to check out.

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