NOT LISTED FOR SALE

224 S 162nd St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,613,000 - $2,222,044

4 Beds
4.5 Baths
5,347 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $700,000 $131 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $10,283/month

243 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Access or Parking
  • Greenfield Elementary School Rated A-
  • Play Pool
  • Gated Parking

About This Home

As of August 2014

Neighbor home just closed at $900K 400 sf office / bath in workshop. Great guesthouse or office. WORKSHOP is amazing! Bring toys...RV, horses, home business! Well established, unique custom homes on irrigated, 2+ acre lots, mature trees, & lush landscape for an inviting feel. Horse friendly community & home backs to the canal for easy access to RIDE, WALK, JOG, BIKE. Amazing open floor plan with HUGE kitchen, double sinks & ovens, walk-in panty, breakfast bar & beautiful slab granite in kitchen & updated baths. Game room has mounted tv, wet bar, pool table & opens to sparkling pool. Upstairs loft makes a great art studio, sewing room, craft, home school or play room. Master has a closet that will AMAZE you! Pride of ownership, regular landscape and well maintained. Check docs tab for mor

Last Agent to Sell the Property

Michelle Shelton

Life Real Estate License #BR551856000 Listed on: 11/27/2013

Co-Listed By

Paul Shelton

Life Real Estate License #SA575973000

Last Buyer's Agent

Margarita Rose

HomeSmart License #SA584201000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1976

Lot Details

  • 2.04 Acre Lot
  • Wrought Iron Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 8 Car Garage
  • 4 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Tandem Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,347 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Solar Tube

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Playground

Additional Homes

  • Guest House

Schools

  • Gilbert Elementary School
  • Gilbert Junior High School
  • Highland High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 304-20-031

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Sawyer Estates Subdivision

Amenities

  • No Laundry Facilities

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,534

Year Built

Built in 1976

Lot Details

2.04 Acres

Parking

8

Listing Details

  • Cross Street: Elliot & Greenfield
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2009
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2002
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1976
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.04
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: Sawyer Estates
  • Architectural Style: Ranch
  • Efficiency: Solar Tubes, Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 130.91
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Appliances: Gas Cooktop, Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5347.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other, Wrought Iron
  • Exterior Features: Playground, Balcony, Private Yard, Storage
  • Lot Features: Corner Lot, Gravel/Stone Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Fenced, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Tandem Garage, RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Side Vehicle Entry, Detached
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: None, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Horse Amenities: Bridle Path Access, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 88966.0
  • Parcel #: 304-20-031

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4533.58
  • Tax Book Number: 304.00
  • Tax Lot: 13
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2013
Closed on
Jul 31, 2014
Sold by
Link Allen J and Link Barbara L
Bought by
Rose Stephen and Rose Alisha
Seller's Agent
Michelle Shelton
Life Real Estate
Buyer's Agent
Margarita Rose
HomeSmart
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,871,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,761
Avg. Annual Appreciation
8.88%
Original Mortgage
$417,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Link Allen J and Link Barbara L
Bought by
Link Allen J and Link Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Pennington Barbara J and Pennington Teddy G
Bought by
Link Allen J and Link Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2002
Sold by
Higgins Steven Glenn and Higgins Theresa Jean
Bought by
Pennington George W and Pennington Barbara J

Purchase Details

Closed on
May 15, 1998
Sold by
Lauber Scott and Woods Wilma J
Bought by
Higgins Steven G and Higgins Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1994
Sold by
Wilkerson Meleasa L
Bought by
Lauber Scott and Woods Wilma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.25%
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
Rose Stephen $700,000 Driggs Title Agency Inc
Link Allen J -- North American Title Co
Link Allen J $425,000 North American Title Co
Pennington George W $650,000 Security Title Agency
Higgins Steven G $375,000 Chicago Title Insurance Co
Lauber Scott $320,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Stephen $417,000
Previous Owner Link Allen J $225,000
Previous Owner Higgins Steven G $300,000
Previous Owner Lauber Scott $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $700,000 0.0% $131 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $700,000 0.0% $131 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $700,000 0.0% $131 / Sq Ft
05/01/2014 05/01/14 For Sale $700,000 0.0% $131 / Sq Ft
05/01/2014 05/01/14 Price Changed $700,000 -6.7% $131 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/22/2014 04/22/14 Pending -- -- --
04/17/2014 04/17/14 Price Changed $750,000 -3.2% $140 / Sq Ft
03/17/2014 03/17/14 For Sale $775,000 +10.7% $145 / Sq Ft
02/28/2014 02/28/14 Off Market $700,000 -- --
01/29/2014 01/29/14 Price Changed $775,000 -6.1% $145 / Sq Ft
11/27/2013 11/27/13 For Sale $825,000 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $6,531 $73,918 -- --
2024 $6,317 $70,398 -- --
2023 $6,317 $160,020 $32,000 $128,020
2022 $6,139 $98,960 $19,790 $79,170
2021 $6,287 $94,560 $18,910 $75,650
2020 $6,176 $88,230 $17,640 $70,590
2019 $5,719 $81,160 $16,230 $64,930
2018 $5,523 $69,980 $13,990 $55,990
2017 $5,333 $65,830 $13,160 $52,670
Source: Public Records

Agents Affiliated with this Home

  • Michelle Shelton

    Seller's Agent in 2014

    Michelle Shelton

    Life Real Estate

    (480) 577-8272

    73 Total Sales

    Michelle Shelton
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Paul Shelton

    Life Real Estate

  • Margarita Rose

    Buyer's Agent in 2014

    Margarita Rose

    HomeSmart

    (602) 430-9022

    26 Total Sales

    Margarita Rose
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5036415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-031A

Arizona Maricopa County Gilbert 85296 Morrison Ranch

224 S 162nd St, 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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