NOT LISTED FOR SALE

1112 S Olympic Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $474,470 - $515,000

4 Beds
2 Baths
1,899 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $478,900 $252 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,856/month

3 Days on Market

Highlights

  • Granite Countertops
  • Community Pool
  • 2 Car Direct Access Garage
  • Gateway Pointe Elementary School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2021

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

This 1,899-square-foot Gilbert, AZ rental home with four bedrooms and two bathrooms is move-in ready. The family room in this single-story smart home features stylish wood-look vinyl plank flooring and has plenty of natural light from the sliding glass doors leading outside. A dining area with a chandelier leads into the kitchen, which has a convenient serving bar, sturdy granite countertops, and premium stainless steel appliances. You?ll love the pretty tile backsplash and the handy overhead microwave. Towards the rear of the home, you?ll find a lighted ceiling fan and a walk-in closet in the primary suite, and the en suite bathroom is well-appointed with dual vanity sinks. Additional features include a pet-friendly enclosed yard and an attached garage. Book your tour today!

Last Agent to Sell the Property

Matthew Magnavita

HomeSmart License #SA585927000 Listed on: 07/30/2021

HomeSmart

Last Buyer's Agent

Cheryl Kypreos

HomeSmart License #BR568929000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 2008

Lot Details

  • 4,500 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Reflective Roof
  • Stucco

Interior Spaces

  • 1,899 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Gateway Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 314-07-126

Community Details

Overview

  • Association fees include ground maintenance
  • Treste Management Association, Phone Number (480) 422-0888
  • Built by KB HOMES
  • Copper Ranch Amd Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 2008

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Cross Street: E Warner Rd & S Recker Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 112.4
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2020
  • Directions: Head south on Recker Rd toward E Ranch Rd, Left onto E Elona Dr/E Estrella Dr, Right onto S Olympic Dr. Property will be on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: COPPER RANCH AMD
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 112.4
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1899.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Reflective Coating, Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground
  • Association Fee: 112.4
  • Association Fee Frequency: Monthly
  • Association Name: Copper Ranch
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Copper Ranch
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Treste Management
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Gateway School
  • Middle Or Junior School: Gateway School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4500.0
  • Parcel #: 314-07-126

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Annual Amount: 1965.0
  • Tax Book Number: 314.00
  • Tax Lot: 126
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 11, 2021
Sold by
Magnavita Matthew T and The Matthew T Magnavita Living
Bought by
Progress Phoenix Llc
Seller's Agent
Matthew Magnavita
HomeSmart
Buyer's Agent
Cheryl Kypreos
HomeSmart
List Price
$473,000
Sold Price
$478,900
Premium/Discount to List
$5,900
1.25%
Current Estimated Value
$491,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,718
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Magnavita Matthew T
Bought by
Magnavita Matthew T and Matthew T Magnavita Living Trust

Purchase Details

Closed on
Jul 20, 2015
Sold by
Magnavita Mayuly and Magnavita Matthew
Bought by
Magnavita Matthew and Magnavita Mayuly

Purchase Details

Closed on
Feb 5, 2008
Sold by
K B Home Sales Phoenix Inc
Bought by
Magnavita Matthew and Magnavita Mayuly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,066
Interest Rate
5.72%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Progress Phoenix Llc $478,900 Magnus Title Agency
Magnavita Matthew T -- None Available
Magnavita Matthew -- None Available
Magnavita Matthew $246,881 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnavita Matthew $243,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Off Market $2,455 -- --
06/07/2025 06/07/25 Price Changed $2,455 -1.2% $1 / Sq Ft
05/22/2025 05/22/25 Price Changed $2,485 -3.1% $1 / Sq Ft
05/15/2025 05/15/25 Price Changed $2,565 -1.9% $1 / Sq Ft
05/13/2025 05/13/25 Price Changed $2,615 +0.2% $1 / Sq Ft
05/11/2025 05/11/25 Price Changed $2,610 -0.2% $1 / Sq Ft
05/11/2025 05/11/25 Price Changed $2,615 +1.2% $1 / Sq Ft
05/08/2025 05/08/25 Price Changed $2,585 0.0% $1 / Sq Ft
05/08/2025 05/08/25 For Rent $2,585 -0.2% --
04/28/2025 04/28/25 Off Market $2,590 -- --
04/22/2025 04/22/25 Price Changed $2,590 -1.3% $1 / Sq Ft
04/20/2025 04/20/25 Price Changed $2,625 -2.2% $1 / Sq Ft
04/19/2025 04/19/25 Price Changed $2,685 -0.4% $1 / Sq Ft
04/15/2025 04/15/25 Price Changed $2,695 -2.5% $1 / Sq Ft
04/12/2025 04/12/25 Price Changed $2,765 -2.8% $1 / Sq Ft
04/09/2025 04/09/25 Price Changed $2,845 +0.2% $1 / Sq Ft
04/08/2025 04/08/25 Price Changed $2,840 +1.2% $1 / Sq Ft
04/04/2025 04/04/25 Price Changed $2,805 +4.5% $1 / Sq Ft
04/01/2025 04/01/25 Price Changed $2,685 +0.6% $1 / Sq Ft
03/30/2025 03/30/25 Price Changed $2,670 -2.0% $1 / Sq Ft
03/24/2025 03/24/25 For Rent $2,725 0.0% --
10/28/2021 10/28/21 Sold $478,900 +1.2% $252 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $473,000 -- $249 / 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 $1,894 $20,949 -- --
2024 $2,330 $19,952 -- --
2023 $2,330 $35,930 $7,180 $28,750
2022 $2,238 $27,010 $5,400 $21,610
2021 $1,928 $24,530 $4,900 $19,630
2020 $1,965 $23,570 $4,710 $18,860
2019 $1,907 $20,760 $4,150 $16,610
2018 $1,837 $19,410 $3,880 $15,530
2017 $1,770 $18,410 $3,680 $14,730
2016 $1,798 $18,650 $3,730 $14,920
2015 $1,567 $18,760 $3,750 $15,010
Source: Public Records

Agents Affiliated with this Home

  • Matthew Magnavita

    Seller's Agent in 2021

    Matthew Magnavita

    HomeSmart

    (480) 889-3700

    1 in this area

    27 Total Sales

    Matthew Magnavita
    Section Image

  • C

    Buyer's Agent in 2021

    Cheryl Kypreos

    HomeSmart

    (317) 749-4666

    24 in this area

    5,346 Total Sales

    Cheryl Kypreos
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6271880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 314-07-126

Arizona Maricopa County Gilbert 85296 Morrison Ranch

1112 S Olympic Dr, 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

Nearby Homes