NOT LISTED FOR SALE

2923 E Arabian Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,190,000 - $1,233,564

4 Beds
3.5 Baths
4,393 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $858,000 $195 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,740/month

12 Days on Market

Highlights

  • Heated Spa
  • Community Lake
  • Private Yard
  • Greenfield Elementary School Rated A-
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of December 2020

Stunning model like home in the popular tree lined community of Morrison Ranch. This home is adorned with upgrades in abundance! As you enter the large dramatic foyer you are also welcomed into the open den. The large open great room and kitchen are light and bright and an entertainer's delight. The kitchen features bright white cabinets, gray Quartz counters, subway tile backsplash, a oversized island, gas cooktop, and stainless appliances. This home has upgraded plantation shutters and gorgeous wood tile floor throughout. Upstairs features a large loft, 4 bedrooms, beautiful master suite and upstairs laundry. Backyard is absolutely resort like with an incredible pool, spa, travertine tile, covered patio, and artificial turf. This home is a OVER the top and a must see!

Last Agent to Sell the Property

Michelle Mazzola

SERHANT. License #SA550762000 Listed on: 11/10/2020

SERHANT.

Last Buyer's Agent

Jaimie Weinberger

HomeSmart License #SA693222000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,252

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,393 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 304-20-653

Community Details

Overview

  • Association fees include ground maintenance
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by Ashton Woods
  • Warner Groves At Morrison Ranch Subdivision, Pine Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,252

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$112 per month

Parking

3

Listing Details

  • Cross Street: Warner and Higley Rd
  • Legal Info Range: 6E
  • 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: 112.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Spa Private: Yes
  • Tax Year: 2020
  • Master Model: Pine
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: WARNER GROVES AT MORRISON RANCH
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 195.31
  • Association Fees:HOA Fee2: 336.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4393.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • 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
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, 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: Lake, Playground, Biking/Walking Path
  • Association Fee: 336.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Ranch
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Morrison Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 224.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: CCMC
  • Association Fees:HOA Management Phone: 480-921-7500
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 7500.0
  • Parcel #: 304-20-653

Building Info

  • Builder Name: Ashton Woods

Tax Info

  • Tax Annual Amount: 3252.0
  • Tax Book Number: 304.00
  • Tax Lot: 206
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 24, 2020
Sold by
Franscioni Fabrizio and Franscioni Heather
Bought by
Weinberger Cody Ryan and Weinberger Jaimie Alison
Seller's Agent
Michelle Mazzola
SERHANT.
Buyer's Agent
Jaimie Weinberger
HomeSmart
List Price
$860,000
Sold Price
$858,000
Premium/Discount to List
-$2,000
-0.23%
Current Estimated Value
$1,210,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,391
Avg. Annual Appreciation
7.11%
Original Mortgage
$458,000
Outstanding Balance
$409,410
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$800,981

Purchase Details

Listed on
Oct 12, 2017
Closed on
May 9, 2018
Sold by
Ashton Woods Arizona L L C
Bought by
Franscioni Fabrizio and Franscioni Heather
Seller's Agent
Ashley Pickens
Arizona Best Real Estate
Buyer's Agent
Heather Franscioni
West USA Realty
List Price
$542,485
Sold Price
$524,990
Premium/Discount to List
-$17,495
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%
Original Mortgage
$453,100
Interest Rate
4.44%
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
Weinberger Cody Ryan $858,000 American Title Svc Agcy Llc
Franscioni Fabrizio $524,990 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinberger Cody Ryan $458,000
Previous Owner Franscioni Fabrizio $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $858,000 -0.2% $195 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $860,000 +63.8% $196 / Sq Ft
05/11/2018 05/11/18 Sold $524,990 -2.8% $120 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $539,990 -0.9% $123 / Sq Ft
03/20/2018 03/20/18 Price Changed $544,990 -0.4% $124 / Sq Ft
03/15/2018 03/15/18 Price Changed $546,990 -0.4% $125 / Sq Ft
02/03/2018 02/03/18 Price Changed $548,990 +1.2% $125 / Sq Ft
10/11/2017 10/11/17 For Sale $542,485 -- $123 / 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 $3,426 $42,811 -- --
2024 $3,286 $40,773 -- --
2023 $3,286 $76,410 $15,280 $61,130
2022 $3,173 $57,360 $11,470 $45,890
2021 $3,310 $54,510 $10,900 $43,610
2020 $3,252 $51,220 $10,240 $40,980
2019 $2,997 $44,370 $8,870 $35,500
2018 $609 $9,015 $9,015 $0
2017 $620 $7,110 $7,110 $0
2016 $593 $6,840 $6,840 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Mazzola

    Seller's Agent in 2020

    Michelle Mazzola

    SERHANT.

    (480) 239-5684

    3 in this area

    96 Total Sales

    Michelle Mazzola
    Section Image

  • J

    Buyer's Agent in 2020

    Jaimie Weinberger

    HomeSmart

    (602) 230-7600

    1 in this area

    7 Total Sales

    Jaimie Weinberger
    Section Image
  • Ashley Pickens

    Seller's Agent in 2018

    Ashley Pickens

    Arizona Best Real Estate

    (602) 292-1559

    2,122 Total Sales

    Ashley Pickens
    Section Image

  • H

    Buyer's Agent in 2018

    Heather Franscioni

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6158925

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-653

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2923 E Arabian 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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