NOT LISTED FOR SALE

2620 E Palo Verde St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $5,662,628 - $6,405,000

6 Beds
8 Baths
7,841 Sq Ft
$757/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $6,350,000 $810 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $32,559/month

1 Day on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Garage
  • Greenfield Elementary School Rated A-
  • Private Pool
  • 2.95 Acre Lot

About This Home

As of May 2024

This stunning estate property was masterfully designed by Mark Candelaria of Candelaria Design Associates and offers high-end luxury finishes and features as well as comfortable livability! Situated on almost 3 acres in north Gilbert with NO HOA, this property offers peaceful enjoyment and the conveniences of shopping and freeway access. The main residence has 5 bedrooms all of which are en-suite, 2 half baths, and a 3 car garage. The detached RV Garage also known as ''The Barn'' has an additional 2 car parking space and RV parking with living area, full kitchen and full bath that could be used as a studio apartment. 15,000 sq ft of total covered area and 7,841 sq ft of livable space! Unmatched curb appeal as this expansive property covers almost 250' from end to end.

Last Agent to Sell the Property

James Hatch

Close Pros License #BR576056000 Listed on: 04/23/2024

Co-Listed By

Russell Mills

Close Pros License #SA577462000

Last Buyer's Agent

Blake Clark

Limitless Real Estate License #BR658708000

Limitless Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,212

Year Built

  • Built in 2018

Lot Details

  • 2.95 Acre Lot
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 7 Car Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Tandem Parking
  • Garage Door Opener
  • RV Garage

Home Design

  • Designed by Candelaria Design Architects
  • Wood Frame Construction
  • Spray Foam Insulation
  • Metal Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 7,841 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Built-In Barbecue
  • Playground

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Propane
  • Water Filtration System
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating
  • Guest House
  • Flood Irrigation
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 304-20-032-C

Community Details

Overview

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

Recreation

  • Sport Court
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,212

Year Built

Built in 2018

Lot Details

0

Parking

7

Listing Details

  • Cross Street: Ellot and Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Candelaria Design
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2023
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.95
  • Co List Office Mls Id: close001
  • Co List Office Phone: 480-828-2136
  • Subdivision Name: SAWYER ESTATES
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • Utilities Butane Propane: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, No Interior Steps, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 7841.0
  • Stories: 1
  • Window Features: ENERGY STAR Qualified Windows, Wood Frames, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Playground, Gazebo/Ramada, Patio, Sport Court(s), Built-in Barbecue, RV Hookup
  • Lot Features: Sprinklers In Rear, Corner Lot, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: Variable Speed Pump, Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: EIFS Synthetic Stcco, Frame - Wood, Spray Foam Insulation
  • Other Structures: Guest House
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:RV Hookup: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Sport Court(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Tandem, RV Access/Parking, RV Garage
  • Attached Garage: No
  • Garage Spaces: 7.0
  • Open Parking Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 128460.0
  • Parcel #: 304-20-032-C
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Bigelow Contracting

Tax Info

  • Tax Annual Amount: 13212.0
  • Tax Book Number: 304.00
  • Tax Lot: 14
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 20, 2024
Sold by
Sekvdfk Family Trust and Kovach Stephen E
Bought by
Williams Thomas Dustin and Oberg Kayla Kellar
Seller's Agent
James Hatch
Close Pros
Buyer's Agent
Blake Clark
Limitless Real Estate
List Price
$6,500,000
Sold Price
$6,350,000
Premium/Discount to List
-$150,000
-2.31%
Total Days on Market
1
Views
27
Current Estimated Value
$5,938,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$411,843
Avg. Annual Appreciation
-6.30%
Original Mortgage
$600,000
Outstanding Balance
$595,048
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$5,343,109

Purchase Details

Closed on
Apr 24, 2019
Sold by
Sekvdfk Family Trust
Bought by
Sekvdfk Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2016
Sold by
Sloan Allen C
Bought by
Sloan Allen Charley and Brown Tracy Bruce
Source: Public Records

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Range of Values:

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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
Williams Thomas Dustin $6,350,000 None Listed On Document
Sekvdfk Family Trust -- Pioneer Title Agency Inc
Sloan Allen Charley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Thomas Dustin $600,000
Previous Owner Sekvdfk Family Trust $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $6,350,000 -2.3% $810 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $6,500,000 -- $829 / 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 $12,547 $143,596 -- --
2024 $13,212 $136,758 -- --
2023 $13,212 $277,380 $55,470 $221,910
2022 $12,865 $171,710 $34,340 $137,370
2021 $13,190 $168,650 $33,730 $134,920
2020 $12,982 $160,730 $32,140 $128,590
2019 $9,185 $111,570 $22,310 $89,260
Source: Public Records

Agents Affiliated with this Home

  • James Hatch

    Seller's Agent in 2024

    James Hatch

    Close Pros

    (602) 460-6739

    3 in this area

    6 Total Sales

    James Hatch
    Section Image
  • Russell Mills

    Seller Co-Listing Agent in 2024

    Russell Mills

    Close Pros

    (480) 205-9855

    15 in this area

    270 Total Sales

    Russell Mills
    Section Image
  • Blake Clark

    Buyer's Agent in 2024

    Blake Clark

    Limitless Real Estate

    (480) 845-3833

    4 in this area

    418 Total Sales

    Blake Clark
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6695377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-032C

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2620 E Palo Verde St, Gilbert, AZ

This home is located at 2620 E Palo Verde St, Gilbert, AZ 85296 since 23 April 2024 and is currently estimated at $5,938,157, approximately $757 per square foot. This property was built in 2018. 2620 E Palo Verde St is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland 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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