NOT LISTED FOR SALE

1103 S Karen Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $432,058 - $443,000

3 Beds
2 Baths
1,427 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $350,000 $245 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,548/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Double Pane Windows
  • Higley Traditional Academy Rated A
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of March 2023

***QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $35,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to first time home-buyers (have not owned a home in the last 3 years or ever) who meet income criteria based on household size(less than)1-$74,200 2-$84,800 3-$95,400 4-$105,950 5-$114,450 6-$122,950 7-$131,400 8-$139,900

Last Agent to Sell the Property

Jonathan Miller

AZ Brokerage Holdings, LLC License #SA578898000 Listed on: 02/01/2023

Last Buyer's Agent

Wendy Jensen

Fathom Realty License #SA582939000

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1999

Lot Details

  • 5,554 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Land Lease of $35 per month

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Floors Updated in 2023
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2023
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Schools

  • Higley Traditional Academy Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2023
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Greenfield Lakes Association, Phone Number (602) 635-9777
  • Built by Elliott Homes
  • Greenfield Lakes Parcel 4 Unit 3 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 200
  • Assessor Parcel Number 304-27-829

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,656

Year Built

Built in 1999

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Cross Street: Warner and Greenfield
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Leasehold
  • HOA #2: N
  • Association Fees Land Lease Fee: 35.0
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 85.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2023
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2023
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2022
  • Directions: South on Greenfield, East on Knox, North on Parkcrest, East on Sherri, North on Karen to home
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: GREENFIELD LAKES PARCEL 4 UNIT 3
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 152.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, Laminate Counters
  • Living Area: 1427.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 152.0
  • Association Fee Frequency: Quarterly
  • Association Name: Greenfield Lakes
  • Phone: 602-635-9777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Greenfield Lakes
  • Association Fees:HOA Telephone4: 602-635-9777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 5554.0
  • Parcel #: 304-27-829

Building Info

  • Builder Name: Elliott Homes

Rental Info

  • Land Lease Amount: 35.0

Tax Info

  • Tax Annual Amount: 1656.0
  • Tax Book Number: 304.00
  • Tax Lot: 200
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 9, 2023
Sold by
Newtown Community Dev Corporation
Bought by
Belnap Jessica C
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Wendy Jensen
Fathom Realty
List Price
$350,000
Sold Price
$350,000
Views
32
Current Estimated Value
$437,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,015
Avg. Annual Appreciation
9.37%
Original Mortgage
$324,518
Outstanding Balance
$315,059
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$121,956

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 10, 2022
Sold by
Mcinnis Marc
Bought by
Newtown Community Development Corporation
Seller's Agent
Kathy Akins
Realty ONE Group
Buyer's Agent
Jonathan Miller
Fathom Realty Elite
List Price
$400,000
Sold Price
$400,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.28%
Original Mortgage
$1,000,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2014
Sold by
Akins John
Bought by
Akins John and Akins Kathren

Purchase Details

Closed on
Jun 14, 2010
Sold by
Christenson William and Christenson Suzanne
Bought by
Mcinnis Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2003
Sold by
Christenson Suzanne
Bought by
Christenson William and Christenson Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
5.12%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Domit Robert V and Domit Catherine M
Bought by
Christenson Suzanne

Purchase Details

Closed on
Jul 18, 2001
Sold by
Christenson William B
Bought by
Christenson Suzanne C

Purchase Details

Closed on
Feb 1, 1999
Sold by
Elliott Homes Of Arizona Inc
Bought by
Domit Robert and Domit Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,100
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Belnap Jessica C $350,000 First American Title Insurance
Newtown Community Development Corporation $400,000 First American Title
Akins John -- None Available
Mcinnis Marc $120,000 Title Management Agency Of A
Christenson William -- Capital Title Agency Inc
Christenson Suzanne $137,500 Capital Title Agency
Christenson Suzanne C -- Capital Title Agency
Domit Robert $117,997 Security Title Agency
Elliott Homes Of Arizona Inc $100,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belnap Jessica C $324,518
Previous Owner Newtown Community Development Corporation $1,000,000
Previous Owner Mcinnis Marc $140,000
Previous Owner Mcinnis Marc $96,000
Previous Owner Christenson William $200,000
Previous Owner Christenson William $20,000
Previous Owner Christenson William $133,200
Previous Owner Domit Robert $106,100
Closed Belnap Jessica C $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $350,000 0.0% $245 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $350,000 -12.5% $245 / Sq Ft
11/10/2022 11/10/22 Sold $400,000 0.0% $280 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $400,000 0.0% $280 / Sq Ft
10/04/2022 10/04/22 Price Changed $400,000 0.0% $280 / Sq Ft
09/01/2022 09/01/22 Off Market $400,000 -- --
07/26/2022 07/26/22 For Sale $465,000 -- $326 / 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 $1,443 $18,061 -- --
2024 $1,452 $17,201 -- --
2023 $1,452 $31,500 $6,300 $25,200
2022 $1,656 $23,420 $4,680 $18,740
2021 $1,425 $22,250 $4,450 $17,800
2020 $1,452 $20,360 $4,070 $16,290
2019 $1,407 $18,380 $3,670 $14,710
2018 $1,354 $17,280 $3,450 $13,830
2017 $1,306 $15,760 $3,150 $12,610
2016 $1,328 $15,320 $3,060 $12,260
2015 $1,157 $14,380 $2,870 $11,510
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jonathan Miller

    Realty Executives

  • Wendy Jensen

    Buyer's Agent in 2023

    Wendy Jensen

    Fathom Realty

    (480) 570-2221

    1 in this area

    39 Total Sales

    Wendy Jensen
    Section Image
  • Kathy Akins

    Seller's Agent in 2022

    Kathy Akins

    Realty One Group

    (480) 694-7492

    1 in this area

    75 Total Sales

    Kathy Akins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6514281

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-27-829

Arizona Maricopa County Gilbert 85296 Morrison Ranch

1103 S Karen Ln, Gilbert, AZ

This home is located at 1103 S Karen Ln, Gilbert, AZ 85296 since 01 February 2023 and is currently estimated at $437,015, approximately $306 per square foot. This property was built in 1999. 1103 S Karen Ln is a home located in Maricopa County with nearby schools including Higley Traditional Academy, Cooley Middle School, and Williams Field High School.

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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