NOT LISTED FOR SALE

1340 S Loback Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $450,000 - $467,000

3 Beds
2.5 Baths
1,816 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $202,500 $112 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,562/month

Highlights

  • Granite Countertops
  • Community Pool
  • Kitchen Island
  • Gateway Pointe Elementary School Rated A-
  • Dual Vanity Sinks in Primary Bathroom
  • Heating Available

About This Home

As of October 2013

Very clean 3 bedroom + den, 2.5 bath home in quiet neighborhood with community pool. Kitchen island with granite counters. Close to shopping.

Last Agent to Rent the Property

Robert Bornholdt

New Home Brokers License #BR007742000 Listed on: 09/16/2013

Last Renter's Agent

Robert Bornholdt

New Home Brokers License #BR007742000 Listed on: 09/16/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 2005

Lot Details

  • 2,975 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Schools

  • Gateway Elementary And Middle School
  • Higley Traditional Academy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Property Available on 9/16/13
  • 12-Month Minimum Lease Term
  • Tax Lot 58
  • Assessor Parcel Number 304-28-384

Community Details

Overview

  • Property has a Home Owners Association
  • Mendocino Valley Association, Phone Number (602) 557-0394
  • Mendocino Valley Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2013-09-16

Listing Details

  • Cross Street: RAY & RECKER
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Rental Info H O A Name: Mendocino Valley
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North on Recker, west into Mendocino Valley, south on Joshua Tree, west on Jasper, north on Loback, home on west side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Mendocino Valley
  • ResoBuildingAreaSource: Assessor
  • Laundry Features Inside: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1816.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Name: Mendocino Valley
  • Phone: 602-557-0394
  • Association: Yes

Schools

  • Elementary School: Gateway School
  • High School: Higley Traditional Academy
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Gateway School

Lot Info

  • Lot Size Sq Ft: 2975.0
  • Parcel #: 304-28-384
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 58
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
2018 1 Iii Borrower Lp
Bought by
2018 1 Ih Borrower Lp
Current Estimated Value
$456,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,571,000
Outstanding Balance
$785,111,764
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
-$784,650,707

Purchase Details

Closed on
Apr 10, 2014
Sold by
Colfin Ai Az Llc
Bought by
Cah 2014-1 Borrower Llc

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 1, 2013
Sold by
Ige David and Ige Mereane
Bought by
Colfin Ai Az 1 Llc
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Danny Nguyen
West USA Realty
List Price
$210,000
Sold Price
$202,500
Premium/Discount to List
-$7,500
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Aug 30, 2011
Sold by
Fannie Mae
Bought by
Ige David and Ige Mereane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,725
Interest Rate
4.46%
Mortgage Type
Trade

Purchase Details

Closed on
May 19, 2011
Sold by
Keller Sandra A
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 14, 2007
Sold by
Keller Sandra A
Bought by
Urban Lifestyles Llc

Purchase Details

Closed on
Oct 20, 2005
Sold by
Kb Home Sales Phoenix Inc
Bought by
Keller Sandra A
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
2018 1 Ih Borrower Lp -- None Available
Cah 2014-1 Borrower Llc -- None Available
Colfin Ai Az 1 Llc $202,500 Fidelity National Title Co
Ige David $134,300 Old Republic Title Agency
Fannie Mae $223,432 None Available
Urban Lifestyles Llc -- None Available
Keller Sandra A $222,982 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 2018 1 Ih Borrower Lp $916,571,000
Previous Owner Ige David $100,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Rented $1,150 0.0% --
09/25/2013 09/25/13 Under Contract -- -- --
09/16/2013 09/16/13 For Rent $1,150 0.0% --
06/28/2013 06/28/13 Sold $202,500 -3.6% $112 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $210,000 -- $116 / 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 $1,722 $18,362 -- --
2024 $1,727 $17,488 -- --
2023 $1,727 $32,720 $6,540 $26,180
2022 $1,660 $23,410 $4,680 $18,730
2021 $1,679 $22,200 $4,440 $17,760
2020 $1,704 $20,450 $4,090 $16,360
2019 $1,655 $18,120 $3,620 $14,500
2018 $1,600 $16,780 $3,350 $13,430
2017 $1,545 $15,920 $3,180 $12,740
2016 $1,561 $15,110 $3,020 $12,090
2015 $1,371 $14,100 $2,820 $11,280
Source: Public Records

Agents Affiliated with this Home

  • Michael Smith

    Seller's Agent in 2013

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    2 in this area

    182 Total Sales

    Michael Smith
    Section Image

  • R

    Landlord's Agent in 2013

    Robert Bornholdt

    New Home Brokers

  • Danny Nguyen

    Buyer's Agent in 2013

    Danny Nguyen

    West USA Realty

    (480) 332-8832

    38 Total Sales

    Danny Nguyen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4999947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-384

Arizona Maricopa County Gilbert 85296 Morrison Ranch

1340 S Loback Ln, Gilbert, AZ

This home is located at 1340 S Loback Ln, Gilbert, AZ 85296 since 16 September 2013 and is currently priced at $456,046. This property was built in 2005. 1340 S Loback Ln is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, 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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