NOT LISTED FOR SALE

1444 S Arroyo Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $407,624 - $434,000

3 Beds
2 Baths
1,357 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $283,000 $209 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,382/month

Highlights

  • Eat-In Kitchen
  • Double Pane Windows
  • Solar Screens
  • Gateway Pointe Elementary School Rated A-
  • Double Vanity
  • Tile Flooring

About This Home

As of November 2023

Nice single story home with open floor plan, new laminate floor, new paint. primary location, short drive distance to dining and shopping area.1.5% rent tax will be added to the monthly rent.

Last Agent to Rent the Property

Weihua Feng

Cactus Mountain Properties, LLC License #SA652038000 Listed on: 09/15/2023

Cactus Mountain Properties, LLC

Last Renter's Agent

Weihua Feng

Cactus Mountain Properties, LLC License #SA652038000 Listed on: 09/15/2023

Cactus Mountain Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 2002

Lot Details

  • 4,095 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Solar Screens
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Ray Ranch Association, Phone Number (480) 635-1133
  • Built by KB Home
  • Ray Ranch Subdivision

Listing and Financial Details

  • Property Available on 9/15/23
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 162
  • Assessor Parcel Number 304-28-179

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2023-09-15

Listing Details

  • Cross Street: Ray and Higley
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Ray Ranch
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: E on Ray Rd N on Wade then E on Sheffield Rd S on Arroyo the third property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Ray Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1357.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Ray Ranch
  • Phone: 480-635-1133
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 4095.0
  • Parcel #: 304-28-179

Building Info

  • Builder Name: KB Home

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 162
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Sep 29, 2023
Sold by
Chen Qiang and Chen Jiangli
Bought by
Chen Qiang
Seller's Agent
Weihua Feng
Cactus Mountain Properties, LLC
Buyer's Agent
Weihua Feng
Cactus Mountain Properties, LLC
Sold Price
$2,090
Views
38
Current Estimated Value
$425,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,316
Original Mortgage
$256,800
Outstanding Balance
$251,957
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$173,449

Purchase Details

Closed on
Apr 27, 2021
Sold by
Chen Qiang
Bought by
Chen Qiang and Chen Jeffrey

Purchase Details

Listed on
Apr 17, 2020
Closed on
Apr 8, 2020
Sold by
Palumbo Jennifer
Bought by
Chen Qiang
Seller's Agent
Weihua Feng
Cactus Mountain Properties, LLC
Buyer's Agent
Weihua Feng
Cactus Mountain Properties, LLC
Sold Price
$1,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Aug 31, 2012
Closed on
Sep 5, 2012
Sold by
Sego Daniel Spencer
Bought by
Palumbo Jennifer
Seller's Agent
William Wright
Simply Real Estate
Buyer's Agent
Joanne Brown
Berkshire Hathaway HomeServices Arizona Properties
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$134,900
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2012
Closed on
Aug 6, 2012
Sold by
Sego Stephanie
Bought by
Sego Daniel Spencer
Seller's Agent
William Wright
Simply Real Estate
Buyer's Agent
Duane Dennison
Good Oak Real Estate
Sold Price
$100,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2012
Closed on
Aug 2, 2012
Sold by
Hamilton James F and Hamilton Amy L
Bought by
Sego Daniel Spencer
Seller's Agent
William Wright
Simply Real Estate
Buyer's Agent
Duane Dennison
Good Oak Real Estate
Sold Price
$100,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2002
Sold by
Kb Home Sales Phoenix Inc
Bought by
Hamilton James F and Hamilton Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,647
Interest Rate
6.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Qiang -- Pacific Coast Title Company
Chen Qiang -- None Listed On Document
Chen Qiang $283,000 Chicago Title Agency Inc
Palumbo Jennifer $145,000 First American Title Ins Co
Sego Daniel Spencer -- Security Title Agency
Sego Daniel Spencer $100,600 Security Title Agency
Hamilton James F $138,578 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 Chen Qiang $256,800
Previous Owner Palumbo Jennifer $134,900
Previous Owner Sego Daniel Spencer $80,000
Previous Owner Hamilton James F $136,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Rented $2,090 -4.6% --
09/25/2023 09/25/23 Under Contract -- -- --
09/16/2023 09/16/23 For Rent $2,190 +15.3% --
06/01/2020 06/01/20 Rented $1,900 +15.2% --
05/31/2020 05/31/20 Under Contract -- -- --
05/12/2020 05/12/20 Price Changed $1,650 -2.7% $1 / Sq Ft
04/23/2020 04/23/20 Price Changed $1,695 -5.3% $1 / Sq Ft
04/17/2020 04/17/20 For Rent $1,790 0.0% --
04/16/2020 04/16/20 Sold $283,000 +2.9% $209 / Sq Ft
03/12/2020 03/12/20 For Sale $274,900 +89.6% $203 / Sq Ft
10/12/2012 10/12/12 Sold $145,000 -8.8% $107 / Sq Ft
08/31/2012 08/31/12 For Sale $159,000 +58.1% $117 / Sq Ft
08/13/2012 08/13/12 Sold $100,600 0.0% $74 / Sq Ft
03/27/2012 03/27/12 Off Market $100,600 -- --
03/15/2012 03/15/12 Pending -- -- --
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 $1,508 $16,011 -- --
2024 $1,512 $15,248 -- --
2023 $1,512 $29,300 $5,860 $23,440
2022 $1,453 $21,650 $4,330 $17,320
2021 $1,469 $19,720 $3,940 $15,780
2020 $1,491 $18,360 $3,670 $14,690
2019 $1,234 $16,810 $3,360 $13,450
2018 $1,188 $15,460 $3,090 $12,370
2017 $1,145 $14,020 $2,800 $11,220
2016 $1,163 $13,160 $2,630 $10,530
2015 $1,013 $12,620 $2,520 $10,100
Source: Public Records

Agents Affiliated with this Home

  • W

    Landlord's Agent in 2023

    Weihua Feng

    Cactus Mountain Properties, LLC

    (480) 703-8957

    2 in this area

    50 Total Sales

    Weihua Feng
    Section Image
  • Randy Courtney

    Seller's Agent in 2020

    Randy Courtney

    Weichert, Realtors - Courtney Valleywide

    (602) 615-6500

    2 in this area

    303 Total Sales

    Randy Courtney
    Section Image
  • William Wright

    Seller's Agent in 2012

    William Wright

    Simply Real Estate

    (480) 216-6882

    4 Total Sales

    William Wright
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Daniel Sego

    Tempus Real Estate Group, LLC

  • Joanne Brown

    Buyer's Agent in 2012

    Joanne Brown

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 225-4531

    1 in this area

    68 Total Sales

    Joanne Brown
    Section Image

  • D

    Buyer's Agent in 2012

    Duane Dennison

    Good Oak Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6606120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-179

Arizona Maricopa County Gilbert 85296 Morrison Ranch

1444 S Arroyo Ln, Gilbert, AZ

This home is located at 1444 S Arroyo Ln, Gilbert, AZ 85296 since 15 September 2023 and is currently priced at $425,406. This property was built in 2002. 1444 S Arroyo Ln is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, Williams Field High School, and Cooley Middle 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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