NOT LISTED FOR SALE

1328 S Loback Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $454,249 - $486,000

4 Beds
2.5 Baths
2,037 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $229,000 $112 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,674/month

71 Days on Market

Highlights

  • Corner Lot
  • Heated Community Pool
  • Covered Patio or Porch
  • Gateway Pointe Elementary School Rated A-
  • Tennis Courts
  • Tile Flooring

About This Home

As of September 2016

FINAL PRICE REDUCTION! SELLER FINANCING AVAILABLE WITH $15,000 DOWN FOR 30 YEARS. VISIT SELLERFINANCED.BIZ TO READ ALL FINANCING TERMS. BEAUTIFUL NEWER HOME IN RAY RANCH IN GILBERT, ARIZONA. Great home on corner lot with 4 bedrooms and a den! Super floor plan with open kitchen and large living area, huge master bedroom/bathroom with seperate shower/tub.Laundry room conveniently located upstairs with bedrooms. Ray Ranch is a wonderful community with beautiful views and community pool

Last Agent to Sell the Property

Jon Sherwood

Crossroads Brokerage License #BR101681000 Listed on: 06/01/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 2005

Lot Details

  • 3,400 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 304-28-387

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Mendocino Valley Association, Phone Number (623) 877-1396
  • Built by KB Homes
  • Ray Ranch 3 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

Built in 2005

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Ray/Recker
  • 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: 110.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: RAY RANCH 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 112.42
  • Association Fees:HOA Fee2: 110.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2037.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Tennis Court(s), Playground
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: Mendocino Valley
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 800.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Mendocino Valley
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3400.0
  • Parcel #: 304-28-387
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1478.0
  • Tax Book Number: 304.00
  • Tax Lot: 61
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2018
Sold by
Ryanna Mitchell
Bought by
Mengele Matthew
Current Estimated Value
$468,312

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 11, 2016
Sold by
Xue Jinbao and Zhang Liying
Bought by
Mitchell Ryanna
Seller's Agent
Erik Humphrey
Tucson Foothills Mangement
Buyer's Agent
Erik Humphrey
Tucson Foothills Mangement
List Price
$219,900
Sold Price
$206,500
Premium/Discount to List
-$13,400
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Jan 8, 2013
Closed on
Feb 20, 2013
Sold by
Bears Patrick and Allen Lynette
Bought by
Xue Jinbao and Zhang Liying
Seller's Agent
Michelle Reynolds-Ricart
HomeSmart
Buyer's Agent
Andy Wenman
eXp Realty
List Price
$179,500
Sold Price
$180,100
Premium/Discount to List
$600
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$135,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2008
Sold by
Federal National Mortgage Association
Bought by
Bears Patrick and Allen Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,788
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2008
Sold by
Indymac Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,788
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2008
Sold by
Ritchie Susanne M
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Oct 11, 2005
Sold by
Kb Home Sales Phoenix Inc
Bought by
Ritchie Susanne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mengele Matthew -- --
Mitchell Ryanna $206,500 American Title Svc Agency Ll
Xue Jinbao $180,100 Old Republic Title Agency
Bears Patrick $175,500 Lawyers Title Insurance Corp
Fannie Mae -- Lawyers Title Insurance Corp
Indymac Bank Fsb $260,206 None Available
Ritchie Susanne M $205,010 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
Open Mengele Matthew $270,000
Previous Owner Mengele Matthew $209,500
Previous Owner Mengele Matthew $214,950
Previous Owner Xue Jinbao $135,000
Previous Owner Bears Patrick $175,379
Previous Owner Bears Patrick $172,788
Previous Owner Soto Aide R $259,000
Previous Owner Ritchie Susanne M $350,000
Previous Owner Ritchie Susanne M $60,000
Previous Owner Ritchie Susanne M $248,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2016 09/30/16 Sold $229,000 -0.4% $112 / Sq Ft
08/01/2016 08/01/16 Price Changed $229,950 -4.2% $113 / Sq Ft
06/28/2016 06/28/16 Price Changed $239,950 -4.0% $118 / Sq Ft
06/01/2016 06/01/16 For Sale $249,950 +21.0% $123 / Sq Ft
05/20/2016 05/20/16 Sold $206,500 -6.1% $101 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $219,900 +6.5% $108 / Sq Ft
03/16/2016 03/16/16 Off Market $206,500 -- --
02/15/2016 02/15/16 For Sale $219,900 +22.1% $108 / Sq Ft
02/28/2013 02/28/13 Sold $180,100 +0.3% $88 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $179,500 0.0% $88 / Sq Ft
01/20/2012 01/20/12 Rented $1,175 -9.6% --
01/19/2012 01/19/12 Under Contract -- -- --
12/02/2011 12/02/11 For Rent $1,300 -- --
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 $1,413 $19,792 -- --
2024 $1,565 $18,850 -- --
2023 $1,565 $34,620 $6,920 $27,700
2022 $1,497 $24,930 $4,980 $19,950
2021 $1,539 $23,230 $4,640 $18,590
2020 $1,569 $21,880 $4,370 $17,510
2019 $1,520 $19,400 $3,880 $15,520
2018 $1,464 $17,920 $3,580 $14,340
2017 $1,410 $17,070 $3,410 $13,660
2016 $1,684 $16,320 $3,260 $13,060
2015 $1,478 $15,230 $3,040 $12,190
Source: Public Records

Agents Affiliated with this Home

  • Jon Sherwood

    Seller's Agent in 2016

    Jon Sherwood

    Crossroads Brokerage

    (480) 766-6245

    1 in this area

    307 Total Sales

    Jon Sherwood
    Section Image

  • E

    Seller's Agent in 2016

    Erik Humphrey

    Tucson Foothills Mangement

    (602) 540-2608

    4 Total Sales

    Erik Humphrey
    Section Image
  • Tim Melton

    Seller Co-Listing Agent in 2016

    Tim Melton

    SGI Property Mngmnt/Real Estate

    (480) 202-0813

    8 Total Sales

    Tim Melton
    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

  • A

    Buyer's Agent in 2013

    Andy Wenman

    eXp Realty

    (602) 525-3224

    14 Total Sales

    Andy Wenman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5450855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-387

Arizona Maricopa County Gilbert 85296 Morrison Ranch

1328 S Loback Ln, Gilbert, AZ

Not Listed for Sale

Detached

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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