NOT LISTED FOR SALE

2950 E Cathy Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $825,053 - $914,000

5 Beds
3 Baths
3,891 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $285,000 $73 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $4,764/month

53 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Vaulted Ceiling
  • Higley Traditional Academy Rated A
  • Mountain View
  • Spanish Architecture

About This Home

As of March 2012

A Holiday Surprise in Rancho Corona in Gilbert with this 5 Bedroom 2.5 Bath 3891 SF US Home plan with Pool/Spa and 3 Car garage. From the formal living and dining room to the family room with fireplace to rear covered patio adjacent to the gas heated pool, this plan is an entertainers dream. Upper floor features a second family room and spacious bedrooms including a Master Suite including ensuite bath with dual sinks and seated vanity area, oval soaking tub and shower and a very large walkin closet. Kitchen is large and openwith attractive tile counters, a work island, breakfast bar, adjacent informal dining with pool view and next to the large family room with fireplace. This home has it all and can be purchased with as little as 3% down on Homepath finance terms. Don't miss this one.

Last Agent to Sell the Property

Terence Riley

KMF Real Estate LLC License #SA522743000 Listed on: 12/19/2011

Last Buyer's Agent

Laura Morby

eXp Realty License #SA635481000

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 8,276

Home Design

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

Interior Spaces

  • 3,891 Sq Ft Home
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Mountain Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Pool

  • Heated Spa
  • Play Pool

Schools

  • Higley Traditional Academy Elementary School
  • Higley Traditional Academy Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch
  • Block Wall Fence

Community Details

Overview

  • $2,420 per year Dock Fee
  • Association fees include common area maintenance
  • Built by US Home

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: Warner and Greenfield
  • Legal Info Lot Number: 196
  • Legal Info Range: 6E
  • Legal Info Section: 22
  • Legal Info Township: 1S
  • Property Type: A
  • Unit Style: Two Levels
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 196.00
  • Hndrd Blk Directionl: S
  • Hundred Block: 1100
  • Legal Description Abbrev: RANCHO CORONA
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Architecture: Spanish
  • Assessor Parcel Number: 309-15-196
  • HOA Association Fee: 45.00
  • HOA Fees: Y
  • Association Rules: Prof Managed
  • Construction Finish: Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 52.5FRDXPSO3G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: T41
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Price per Sq Ft: 73.25
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2001
  • Tax Year: 2011
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features: Vaulted Ceiling(s)
  • Bedrooms: 5
  • Bedrooms Plus: 7.00
  • Other Rooms: Bonus/Game Room, Family Room, Loft
  • Bathrooms: 2.50
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace, Fireplace Family Rm
  • Master Bedroom Type: Split, Upstairs
  • Dining Area: Breakfast Bar, Dining in LR/GR, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 8322.00
  • Estimated Sq Ft: 3891.00
  • Kitchen Features: Disposal, Kitchen Island, Walk-in Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 2
  • Pool: Private Only
  • Spa: Heated, Private
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Grass Back, Grass Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s)
  • Pool Private: Heated, Play Pool, Private

Garage/Parking

  • Parking Features: Electric Door Opener, RV Gate

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Children's Playgrnd
  • Fee Include: Common Area Maint

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Highland High School
  • Jr High School: Higley Traditional Academy

Lot Info

  • Property Description: Mountain View(s), North/South Exposure

Building Info

  • Builder Name: US Home

Tax Info

  • Taxes: 2419.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2011
Closed on
Mar 19, 2012
Sold by
Federal National Mortgage Association
Bought by
Castillo Marco and Castillo Alma
Seller's Agent
Terence Riley
KMF Real Estate LLC
Buyer's Agent
Laura Morby
eXp Realty
List Price
$293,900
Sold Price
$285,000
Premium/Discount to List
-$8,900
-3.03%
Current Estimated Value
$866,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,013
Avg. Annual Appreciation
8.39%
Original Mortgage
$270,750
Outstanding Balance
$185,720
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$680,293

Purchase Details

Closed on
Oct 20, 2011
Sold by
Daniels Andrew Martin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2008
Sold by
Phh Mortgage Corp
Bought by
Daniels Andrew Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Qader Karim
Bought by
Phh Mortgage Corp and Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 26, 2005
Sold by
Griffin Donald K
Bought by
Qader Karim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Griffin Erika
Bought by
Griffin Donald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Griffin Erika M
Bought by
Griffin Donald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2001
Sold by
Kiley Jennifer L
Bought by
Kiley Glenn A

Purchase Details

Closed on
Apr 12, 2000
Sold by
U S Home Corp
Bought by
Kiley Glenn A and Kiley Glenn
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
Castillo Marco $285,000 Magnus Title Agency
Federal National Mortgage Association $265,383 Great American Title Agency
Daniels Andrew Martin $340,000 First American Title Ins Co
Phh Mortgage Corp $398,125 First American Title
Qader Karim $541,000 --
Griffin Donald K -- Arizona Title Agency Inc
Griffin Donald K -- Fidelity National Title
Griffin Donald K $260,000 Fidelity National Title
Kiley Glenn A -- Stewart Title & Trust
Kiley Glenn A $224,200 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Marco $270,750
Previous Owner Daniels Andrew Martin $323,000
Previous Owner Qader Karim $432,800
Previous Owner Griffin Donald K $220,000
Previous Owner Griffin Donald K $247,000
Closed Griffin Donald K $80,000
Closed Qader Karim $54,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2012 03/26/12 Sold $285,000 -3.0% $73 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $293,900 -- $76 / 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 $2,882 $38,211 -- --
2024 $3,083 $36,391 -- --
2023 $3,083 $54,180 $10,830 $43,350
2022 $2,951 $41,050 $8,210 $32,840
2021 $3,023 $39,500 $7,900 $31,600
2020 $3,071 $37,260 $7,450 $29,810
2019 $2,986 $35,560 $7,110 $28,450
2018 $2,881 $33,750 $6,750 $27,000
2017 $2,780 $33,450 $6,690 $26,760
2016 $2,760 $32,350 $6,470 $25,880
2015 $2,467 $32,260 $6,450 $25,810
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Terence Riley

    KMF Real Estate LLC

  • Laura Morby

    Buyer's Agent in 2012

    Laura Morby

    eXp Realty

    (480) 717-2070

    74 Total Sales

    Laura Morby
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4691738

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-15-196

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2950 E Cathy 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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