NOT LISTED FOR SALE

2887 E Palo Verde Ct Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,976,000 - $2,611,358

6 Beds
6.5 Baths
5,820 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $1,229,000 $211 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $12,605/month

97 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Spa
  • 0.81 Acre Lot
  • Greenfield Elementary School Rated A-
  • RV Access or Parking
  • Mountain View

About This Home

As of September 2016

This luxury basement custom home sits on close to one full acre in cul-de-sac in Circle G. This beautiful home has 6 bedrooms, 6.5 baths & was designed for ultimate entertaining! Walk into an elegant formal living room with a wall of windows that opens up to a beautiful view of pool & spa! Huge kitchen with chef's appliances and lots of cooking space on the oversized granite island/bar opens to lg family rm. Amazing basement has game room, w/ 3 bedrooms & 2 full baths. Master suite has elegant bathroom and full sized washer/dryer in master closet. This beautiful backyard not only has an spectacular pool & spa, but ample patio & entertaining space for everyone to enjoy! Fourth garage is oversized and great for storing all your toys! You must see this property to believe all it has to offer!

Last Agent to Sell the Property

Aimee Lunt

RE/MAX Solutions License #SA619650000 Listed on: 05/06/2016

RE/MAX Solutions

Last Buyer's Agent

Al Schmelz

AGS Realty & Associates License #BR002962000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,692

Year Built

  • Built in 2000

Lot Details

  • 0.81 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,820 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 6.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Greenfield Elementary School
  • Highland Elementary School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-20-065

Community Details

Overview

  • Association fees include ground maintenance
  • Az Community Svc Association, Phone Number (480) 355-1190
  • Circle G At Highlands West Subdivision, *Basement* Floorplan

Recreation

  • Sport Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,692

Year Built

Built in 2000

Lot Details

0.81 Acres

HOA Fees

$76 per month

Parking

4

Listing Details

  • Cross Street: * Higley & Elliot *
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 75.5
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2015
  • Master Model: *BASEMENT*
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.81
  • Subdivision Name: Circle G at Highlands West
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 211.16
  • Association Fees:HOA Fee2: 226.5
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Total Bedrooms: 6
  • Fireplace Features: Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5820.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Sport Court(s), Built-in Barbecue
  • Lot Features: Borders Common Area, North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac
  • Pool Features: Play Pool, Diving Pool, Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Sport Court(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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
  • Association Fee: 226.5
  • Association Fee Frequency: Quarterly
  • Association Name: AZ Community Svc
  • Phone: 480-355-1190
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: AZ Community Svc
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35098.0
  • Parcel #: 304-20-065

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6692.0
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 17, 2016
Sold by
Pearce Kristine
Bought by
Schilling Steven and Schilling Julie
Seller's Agent
Aimee Lunt
RE/MAX Solutions
Buyer's Agent
Al Schmelz
AGS Realty & Associates
List Price
$1,400,000
Sold Price
$1,229,000
Premium/Discount to List
-$171,000
-12.21%
Current Estimated Value
$2,268,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,090
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Jan 5, 2015
Sold by
Pearce Cody and Pearce Kristine
Bought by
Pearce Kristine and Kristine Pearce Revocable Trus

Purchase Details

Closed on
Sep 29, 2011
Sold by
Pearce Cody and Pearce Kristine
Bought by
Pearce Cody and Pearce Kristine

Purchase Details

Closed on
Apr 20, 2011
Sold by
Lopez Albert A and Lopez Crystal Y
Bought by
Pearce Cody and Pearce Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Rancho Mirage Estates Llc
Bought by
Lopez Albert A and Lopez Crystal Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1999
Sold by
Price Ronald L and Price Judi T
Bought by
Rancho Mirage Estates Llc

Purchase Details

Closed on
Dec 31, 1997
Sold by
Circle G At Higley Llc
Bought by
Price Ronald L and Price Judi T
Source: Public Records
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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
Schilling Steven $1,229,000 Lawyers Title Of Arizona Inc
Pearce Kristine -- None Available
Pearce Cody -- None Available
Pearce Cody $730,000 Security Title Agency
Lopez Albert A $860,000 Security Title Agency
Rancho Mirage Estates Llc $112,500 Security Title Agency
Price Ronald L $97,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearce Cody $584,000
Previous Owner Lopez Albert A $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $1,229,000 -1.6% $211 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $1,249,000 -3.9% $215 / Sq Ft
06/03/2016 06/03/16 Price Changed $1,299,900 -7.2% $223 / Sq Ft
05/06/2016 05/06/16 For Sale $1,400,000 -- $241 / 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 $8,732 $100,277 -- --
2024 $8,436 $95,502 -- --
2023 $8,436 $123,110 $24,620 $98,490
2022 $8,194 $93,500 $18,700 $74,800
2021 $8,462 $91,230 $18,240 $72,990
2020 $8,314 $88,000 $17,600 $70,400
2019 $7,697 $85,760 $17,150 $68,610
2018 $7,464 $84,180 $16,830 $67,350
2017 $7,207 $79,060 $15,810 $63,250
2016 $7,400 $77,030 $15,400 $61,630
2015 $6,692 $71,830 $14,360 $57,470
Source: Public Records

Agents Affiliated with this Home

  • Aimee Lunt

    Seller's Agent in 2016

    Aimee Lunt

    RE/MAX

    (480) 228-0320

    21 in this area

    110 Total Sales

    Aimee Lunt
    Section Image

  • A

    Buyer's Agent in 2016

    Al Schmelz

    AGS Realty & Associates

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5439655

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-065

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2887 E Palo Verde 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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