NOT LISTED FOR SALE

2901 E Morgan Dr Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $455,963 - $491,000

3 Beds
2 Baths
1,498 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $410,000 $274 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,674/month

36 Days on Market

Highlights

  • Vaulted Ceiling
  • Private Yard
  • Double Pane Windows
  • Chaparral Elementary School Rated A-
  • Eat-In Kitchen
  • Community Playground

About This Home

As of February 2023

Welcome HOME! Convenient location, just minutes from San Tan Freeway, San Tan Village, Top Golf and parks with great shopping and restaurants nearby. Pull up to the freshly painted exterior (2021) with beautiful brick accents, extended paver driveway and front paver patio. Walk into the split/open floor plan, with an oversized great room, perfect for entertaining. The interior has been painted a beautiful, moody gray in living areas. The bedrooms are painted white for you to put your own touch. There is tile throughout all living areas except the bedrooms where you will find plush carpet for comfort. Large backyard with shed. Closed off/hidden side yard to store backyard items that you do not want seen. The large neighborhood park is just a few houses down! Schedule your showing today!

Last Agent to Sell the Property

Valerie Reed

HomeSmart License #SA674994000 Listed on: 01/05/2023

HomeSmart

Last Buyer's Agent

Cheryl Kypreos

HomeSmart License #BR568929000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 2003

Lot Details

  • 8,470 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Chaparral Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 288
  • Assessor Parcel Number 304-40-633

Community Details

Overview

  • Association fees include ground maintenance
  • Preferred Community Association, Phone Number (480) 649-2017
  • Built by Providence Homes
  • Crossroads Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 2003

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Cross Street: Higley and Chandler Blvd.
  • 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: 53.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: CROSSROADS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 273.69
  • Association Fees:HOA Fee2: 53.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1498.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Irrigation Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Gazebo
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 53.0
  • Association Fee Frequency: Monthly
  • Association Name: Crossroads HOA
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Crossroads HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 144.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Other Fees HOA: 400.0
  • Association Fees:Other Fees Description: Resale Disclosure Package
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Preferred Community

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Chaparral Elementary School
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8470.0
  • Parcel #: 304-40-633

Building Info

  • Builder Name: Providence Homes

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Book Number: 304.00
  • Tax Lot: 288
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 15, 2023
Sold by
Sesteaga Hector J
Bought by
Yamasa Co Ltd
Seller's Agent
Valerie Reed
HomeSmart
Buyer's Agent
Cheryl Kypreos
HomeSmart
List Price
$440,000
Sold Price
$410,000
Premium/Discount to List
-$30,000
-6.82%
Views
35
Current Estimated Value
$473,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,491
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Sesteaga Hector J and Sesteaga Cynthia R
Bought by
Sesteaga Hector and Sesteaga Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2003
Sold by
Providence Homes Inc
Bought by
Sesteaga Hector J and Sesteaga Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Yamasa Co Ltd $410,000 Magnus Title
Sesteaga Hector -- Camelback Title Agency Llc
Sesteaga Hector J $142,334 Security Title Agency
Providence Homes Inc $124,542 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sesteaga Hector $191,000
Previous Owner Sesteaga Hector J $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $410,000 -6.8% $274 / Sq Ft
12/19/2022 12/19/22 For Sale $440,000 -- $294 / 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 $1,768 $19,209 -- --
2024 $1,861 $18,294 -- --
2023 $1,861 $34,670 $6,930 $27,740
2022 $1,503 $25,260 $5,050 $20,210
2021 $1,541 $23,230 $4,640 $18,590
2020 $1,568 $22,560 $4,510 $18,050
2019 $1,519 $20,170 $4,030 $16,140
2018 $1,464 $18,120 $3,620 $14,500
2017 $1,412 $16,400 $3,280 $13,120
2016 $1,401 $15,780 $3,150 $12,630
2015 $1,253 $14,960 $2,990 $11,970
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Valerie Reed

    HomeSmart

    (480) 291-3810

    1 in this area

    17 Total Sales

    Valerie Reed
    Section Image

  • C

    Buyer's Agent in 2023

    Cheryl Kypreos

    HomeSmart

    (317) 749-4666

    2 in this area

    5,208 Total Sales

    Cheryl Kypreos
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6503623

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-633

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2901 E Morgan Dr, 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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