NOT LISTED FOR SALE

Estimated Value: $577,000 - $601,000

5 Beds
3 Baths
3,115 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $339,900 $109 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,324/month

186 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Double Pane Windows
  • Gateway Polytechnic Academy Rated A-
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of May 2019

REDUCED!IGNORE DAYS ON THE MARKET AS IT WAS UNDER CONTRACT FOR OVER 30 DAYS!DEAL FELL THROUGH LAST MINUTE DUE TO A CHANGE IN BUYERS LIFE!Amazing Meritage beauty in Gila River Ranches. 5 large bedrooms and 3 full baths including a full bed and bath on the first floor. One of the largest interior lots in the entire community.Walk through the front door and you are greeted by soaring ceilings that create a dramatic and open feel.Large kitchen opens up to a great family room overlooking the backyard.In the yard there is lush landscape along with plenty of turf for easy care.Upstairs there is a large master with two walk in closets and another 3 large bedrooms.Easy access to freeways,great schools,shopping,Apple data processing center,and so much more.This property is gem and a must see!!

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 09/28/2018

Compass

Co-Listed By

Zee Arekat

Compass License #BR106529000

Last Buyer's Agent

Julia Fordtner

Aspire Realty Group LLC License #BR556676000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 2006

Lot Details

  • 8,017 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2.5 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,115 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Jack Barnes Elementary School
  • Queen Creek Middle School
  • Queen Creek High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 186
  • Assessor Parcel Number 312-14-658

Community Details

Overview

  • Association fees include ground maintenance
  • Brown Community Association, Phone Number (480) 539-1396
  • Built by MERITAGE HOMES
  • Gila River Ranches Unit 1 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 2006

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Cross Street: Mountain Road and Warner
  • Legal Info Range: 7E
  • 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: 52.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: GILA RIVER RANCHES UNIT 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 109.11
  • Association Fees:HOA Fee2: 158.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3115.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Garage Spaces: 2.5

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

  • Community Features: Biking/Walking Path
  • Association Fee: 158.0
  • Association Fee Frequency: Quarterly
  • Association Name: Brown Community
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Brown Community
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Jack Barnes Elementary School
  • High School: Queen Creek High School
  • Junior High Dist: Queen Creek Unified District
  • Middle Or Junior School: Queen Creek Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8017.0
  • Parcel #: 312-14-658

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 1999.0
  • Tax Book Number: 312.00
  • Tax Lot: 186
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Apr 2, 2019
Sold by
Hassan Allaeldin M
Bought by
Olournsola Anthony V and Olorunsola Temitope H
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Julia Fordtner
Aspire Realty Group LLC
List Price
$373,000
Sold Price
$339,900
Premium/Discount to List
-$33,100
-8.87%
Current Estimated Value
$588,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,667
Avg. Annual Appreciation
8.76%
Original Mortgage
$322,905
Outstanding Balance
$282,141
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$306,426

Purchase Details

Listed on
Aug 29, 2015
Closed on
Oct 8, 2015
Sold by
Soliman Dina G
Bought by
Hassan Allaeldin M
Seller's Agent
Jesse Herfel
My Home Group Real Estate
Buyer's Agent
Nick Arekat
Compass
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$260,200
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2009
Sold by
Denali National Trust Llc
Bought by
Hammond Evan B and Hammond Shirley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Amtrust Bank
Bought by
Denali National Trust Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Afjeh Mohammadreza and Mehdipour Sharareh
Bought by
Amtrust Bank

Purchase Details

Closed on
Feb 15, 2007
Sold by
Meritage Homes Of Arizona Inc
Bought by
Afjeh Mohammadreza and Mehdipour Sharareh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,108
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Lancelot Gila Llc
Bought by
Meritage Homes Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olournsola Anthony V $339,900 First American Title Ins Co
Hassan Allaeldin M -- First American Title Ins Co
Hassan Allaeldin M $265,000 First American Title Ins Co
Hammond Evan B $219,000 Magnus Title Agency
Denali National Trust Llc $165,000 American Title Service Agenc
Amtrust Bank $179,000 Old Republic Title Agency
Afjeh Mohammadreza $350,810 First American Title Ins Co
Meritage Homes Construction Inc $1,009,035 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olournsola Anthony V $322,905
Previous Owner Hassan Allaeldin M $260,200
Previous Owner Hammond Evan B $175,200
Previous Owner Afjeh Mohammadreza $263,108
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2019 05/09/19 Sold $339,900 0.0% $109 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $339,900 -1.5% $109 / Sq Ft
02/11/2019 02/11/19 Price Changed $345,000 -1.0% $111 / Sq Ft
02/02/2019 02/02/19 Price Changed $348,500 -1.3% $112 / Sq Ft
01/03/2019 01/03/19 Price Changed $353,000 -1.9% $113 / Sq Ft
12/12/2018 12/12/18 Price Changed $360,000 -3.5% $116 / Sq Ft
09/28/2018 09/28/18 For Sale $373,000 +40.8% $120 / Sq Ft
11/13/2015 11/13/15 Sold $265,000 -5.4% $85 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Price Changed $280,000 -3.4% $90 / Sq Ft
08/29/2015 08/29/15 For Sale $290,000 -- $93 / 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 $2,025 $27,374 -- --
2024 $2,325 $26,071 -- --
2023 $2,325 $42,830 $8,560 $34,270
2022 $2,240 $32,010 $6,400 $25,610
2021 $2,365 $30,060 $6,010 $24,050
2020 $2,289 $27,600 $5,520 $22,080
2019 $2,210 $24,720 $4,940 $19,780
2018 $2,095 $23,480 $4,690 $18,790
2017 $1,999 $22,700 $4,540 $18,160
2016 $1,997 $22,070 $4,410 $17,660
2015 $1,930 $20,900 $4,180 $16,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5826614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 312-14-658