NOT LISTED FOR SALE

1905 E Olive Ct Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $635,537 - $700,000

4 Beds
3 Baths
3,073 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $354,000 $115 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,741/month

124 Days on Market

Highlights

  • RV Gated
  • 0.22 Acre Lot
  • Wood Flooring
  • Sonoma Ranch Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Sonoma Ranch Playground

About This Home

As of March 2017

THIS HOME IS GORGEOUS! JUST REMODELED and the best value per square foot around! NEW ROOF, NEW CARPET, AND NEWLY PAINTED INSIDE AND OUT! This house includes; four bedrooms, three bathrooms, laundry room, den, formal living and dining rooms, family room with fireplace, and a large bonus room. You can make this bonus room, your game room with a pool table, a playroom for the kids, a craft room, a hobby room, or even a 5th bedroom. Also includes Large Kitchen with pantry, kitchen island, breakfast nook, and stainless steel appliances. KITCHEN AND BATHROOMS ARE REMODELED WITH BEAUTIFUL UPDATED CABINETS AND STUNNING NEW COUNTERTOPS, SINKS, AND FAUCETS. Soaring ceilings, lots of windows and ceiling fans in all the right places. Master bedroom is huge with a large sitting area. Master bath includes double vanity sinks, shower, separate soaking tub, and his and hers walk-in closets. The lot includes a beautiful front yard, a ten-foot RV gate, and the prefect-sized backyard with the right amount of space on both sides of the house. THIS HOUSE HAS LOCATION, LOCATION, LOCATION! Walking distance to Freestone Park, the Southwest Regional Library, and the Riparian Preserve at Water Ranch, with biking and walking trails near-by. There is shopping and restaurants in all directions from half a mile to 10 minutes by car to the San Tan Mall. Sonoma Ranch Elementary is just across the street and there is easy access to the US-60. YOU DON'T WANT TO MISS OUT ON THIS QUIET HIDDEN TREASURE LOCATED ON A CUL-DE-SAC IN DESIRABLE SONOMA RANCH!

Last Agent to Sell the Property

James Hatch

Close Pros License #BR576056000 Listed on: 10/27/2016

Last Buyer's Agent

Sumathi Chinnasamy

DPR Realty LLC License #SA656565000

DPR Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1995

Lot Details

  • 9,749 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,073 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 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

  • Sonoma Ranch Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 432
  • Assessor Parcel Number 309-04-592

Community Details

Overview

  • Property has a Home Owners Association
  • Sonoma Ranch Home Ow Association, Phone Number (480) 551-4300
  • Built by Shea Homes
  • Sonoma Ranch Subdivision

Amenities

  • No Laundry Facilities

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,886

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Val Vista and Guadalupe
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 44.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.22
  • Subdivision Name: SONOMA RANCH
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 115.19
  • Association Fees:HOA Fee2: 44.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 3073.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee Frequency: Monthly
  • Association Name: Sonoma Ranch Home Ow
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Sonoma Ranch Home Ow
  • 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:Street Maint: Yes

Schools

  • Elementary School: Sonoma Ranch Elementary School
  • High School: Gilbert High School
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9749.0
  • Parcel #: 309-04-592
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 1886.0
  • Tax Book Number: 309.00
  • Tax Lot: 432
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
George Alexander and George Ruby Mathew
Bought by
Ruby Mathew and Ruby George Alexander
Current Estimated Value
$676,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Outstanding Balance
$198,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$473,208

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 9, 2017
Sold by
Sorensen Lars H and Sorensen Cindy J
Bought by
Alexander George and Mathew Riby Elizabeth
Seller's Agent
James Hatch
Close Pros
Buyer's Agent
Sumathi Chinnasamy
DPR Realty LLC
List Price
$379,000
Sold Price
$354,000
Premium/Discount to List
-$25,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$283,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 1995
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Sorensen Lars H and Sorensen Cindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,860
Interest Rate
7.38%
Mortgage Type
New Conventional
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
Ruby Mathew -- Driggs Title Agency Inc
Alexander George $354,000 Great American Title Agency
Sorensen Lars H $174,071 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Mathew $262,000
Closed Alexander George $283,000
Previous Owner Sorensen Lars H $154,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $354,000 -1.1% $115 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/17/2017 02/17/17 Price Changed $357,900 -0.6% $116 / Sq Ft
01/23/2017 01/23/17 Price Changed $359,900 -0.6% $117 / Sq Ft
01/12/2017 01/12/17 Price Changed $362,000 -0.5% $118 / Sq Ft
12/18/2016 12/18/16 Price Changed $364,000 -1.4% $118 / Sq Ft
12/10/2016 12/10/16 Price Changed $369,000 -1.3% $120 / Sq Ft
11/29/2016 11/29/16 Price Changed $374,000 -1.3% $122 / Sq Ft
10/26/2016 10/26/16 For Sale $379,000 -- $123 / 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 $2,376 $31,062 -- --
2024 $2,302 $29,582 -- --
2023 $2,302 $46,910 $9,380 $37,530
2022 $2,231 $35,720 $7,140 $28,580
2021 $2,356 $34,030 $6,800 $27,230
2020 $2,319 $31,860 $6,370 $25,490
2019 $2,132 $29,920 $5,980 $23,940
2018 $2,069 $28,170 $5,630 $22,540
2017 $1,998 $26,900 $5,380 $21,520
2016 $2,069 $26,300 $5,260 $21,040
2015 $1,886 $25,620 $5,120 $20,500
Source: Public Records

Agents Affiliated with this Home

  • James Hatch

    Seller's Agent in 2017

    James Hatch

    Close Pros

    (602) 460-6739

    7 Total Sales

    James Hatch
    Section Image
  • Sumathi Chinnasamy

    Buyer's Agent in 2017

    Sumathi Chinnasamy

    DPR Realty

    (480) 298-8306

    27 Total Sales

    Sumathi Chinnasamy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-04-592

Arizona Maricopa County Gilbert 85234 Val Vista

1905 E Olive Ct, 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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