NOT LISTED FOR SALE

2861 E Ranch Ct Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $664,000 - $719,000

3 Beds
2 Baths
2,361 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $670,000 $284 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,839/month

2 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Covered Patio or Porch
  • Higley Traditional Academy Rated A
  • Corner Lot
  • 3-minute walk to Rancho Corona Park

About This Home

As of January 2024

Welcome to resort-style living in Rancho Corona, Gilbert, AZ! This single-story haven showcases an amazing backyard oasis featuring a play pool, travertine deck, built-in BBQ, a separate ramada with electrical outlet, and lush artificial turf, creating a perfect retreat. Embracing convenience and elegance, the home offers 3 bedrooms, 2 full baths, a separate office/den, a 3-car garage, RV parking, and stands on a corner lot within a tranquil cul-de-sac, steps away from the park and basketball court. Enjoy peace of mind with a recently replaced roof (2021), complete with a transferable 20-year warranty. Live the dream in this exquisite blend of comfort, style, and prime location!

Last Agent to Sell the Property

Ryan Hoover

West USA Realty License #BR650471000 Listed on: 11/18/2023

West USA Realty

Last Buyer's Agent

Long Le

Real Broker License #SA684333000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1999

Lot Details

  • 9,344 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Sprinklers on Timer

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Roof Updated in 2021
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,361 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 251
  • Assessor Parcel Number 309-15-251

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Rancho Corona Association, Phone Number (480) 820-1519
  • Built by Scott Homes
  • Rancho Corona Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,353

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Parking

3

Listing Details

  • Cross Street: Warner and Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.0
  • Basement: N
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: RANCHO CORONA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 283.78
  • Association Fees:HOA Fee2: 55.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2361.0
  • Stories: 1
  • 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
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Corona
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho Corona
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 357.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 110.0
  • Association Fees:Disclosure Fees HOA: 183.5
  • Association Fees:Other Fees HOA: 262.5
  • Association Fees:Other Fees Description: Compliance Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Higley Traditional Academy
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9344.0
  • Parcel #: 309-15-251

Building Info

  • Builder Name: Scott Homes

Tax Info

  • Tax Annual Amount: 2353.0
  • Tax Book Number: 309.00
  • Tax Lot: 251
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 4, 2024
Sold by
Coffey William D and Coffey Shelley H
Bought by
Evelyn And Ethan Family Living Trust and Van
Seller's Agent
Ryan Hoover
West USA Realty
Buyer's Agent
Long Le
Real Broker
List Price
$670,000
Sold Price
$670,000
Views
269
Current Estimated Value
$689,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,427
Avg. Annual Appreciation
1.44%
Original Mortgage
$536,000
Outstanding Balance
$527,207
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$162,220

Purchase Details

Closed on
Apr 19, 2010
Sold by
Wheeler Steven J
Bought by
Coffey William D and Coffey Shelley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2007
Sold by
Wheeler Tracie M
Bought by
Wheeler Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mcdevitt Kimberly J
Bought by
Mcdevitt Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1999
Sold by
Scott Homes Llc
Bought by
Mcdevitt Michael H and Mcdevitt Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.96%
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
Evelyn And Ethan Family Living Trust $670,000 Fidelity National Title Agency
Coffey William D $235,000 Security Title Agency
Wheeler Steven J -- Commerce Title Company
Wheeler Steven J $445,000 Commerce Title Company
Mcdevitt Michael H -- Title Guaranty Agency Of Az
Mcdevitt Michael H $191,236 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evelyn And Ethan Family Living Trust $536,000
Previous Owner Coffey William D $230,743
Previous Owner Wheeler Steven J $89,000
Previous Owner Wheeler Steven J $356,000
Previous Owner Mcdevitt Michael H $248,000
Previous Owner Mcdevitt Michael H $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $670,000 0.0% $284 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $670,000 -- $284 / 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 $2,201 $28,973 -- --
2024 $2,353 $27,593 -- --
2023 $2,353 $45,400 $9,080 $36,320
2022 $2,253 $34,610 $6,920 $27,690
2021 $2,305 $33,100 $6,620 $26,480
2020 $2,341 $30,880 $6,170 $24,710
2019 $2,277 $29,000 $5,800 $23,200
2018 $2,195 $26,960 $5,390 $21,570
2017 $2,119 $25,880 $5,170 $20,710
2016 $2,154 $24,780 $4,950 $19,830
2015 $1,880 $24,180 $4,830 $19,350
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hoover

    Seller's Agent in 2024

    Ryan Hoover

    West USA Realty

    (602) 820-3674

    1 in this area

    67 Total Sales

    Ryan Hoover
    Section Image
  • Long Le

    Buyer's Agent in 2024

    Long Le

    Real Broker

    (480) 725-1515

    2 in this area

    129 Total Sales

    Long Le
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6632329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-15-251

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2861 E Ranch 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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