NOT LISTED FOR SALE

2961 E Morgan Dr Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $518,000 - $541,000

3 Beds
2 Baths
1,693 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $265,000 $157 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,980/month

1 Day on Market

Highlights

  • Play Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Chaparral Elementary School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of July 2017

SUPER location next to the 202 and San Tan Mall. All the conveniences just down the street. Gorgeous 3 bedroom, den and 2 baths with pool. Corner lot. Fresh two tone paint inside and out. 16'' tile throughout with laminate in bedrooms. Newer carpet in Master. Sunscreens all the way around. 2'' blinds on all windows. Custom security screen doors front and back. Large kitchen with loads of cabinets and counter space. Upgraded appliances. Low maintenance landscape front and back. Vaulted ceilings in living room, family room and kitchen. 4th room is a den between the master and secondary bedrooms. Perfect for a home office, childrens play room or study. Large back yard with big covered patio. This home is turn key ready. Incredible floor plan, location and everything is done. Are you ready?

Last Agent to Sell the Property

Mark Toon

RE/MAX Alliance Group License #BR005653000 Listed on: 06/22/2017

Co-Listed By

Andrea Toon

RE/MAX Alliance Group License #SA647837000

Last Buyer's Agent

Devon Heckel

Berkshire Hathaway HomeServices Arizona Properties License #BR645444000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 2003

Lot Details

  • 8,825 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 292
  • Assessor Parcel Number 304-40-637

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by PROVIDENCE HOMES
  • Crossroads Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 2003

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Cross Street: WILLIAMS FIELD & HIGLEY
  • 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: 48.89
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: rmal01
  • Co List Office Phone: 480-892-5300
  • Subdivision Name: CROSSROADS
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 156.52
  • Association Fees:HOA Fee2: 48.89
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1693.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: 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
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 48.89
  • Association Fee Frequency: Monthly
  • Association Name: Crossroads
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Crossroads
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Chaparral Elementary School - Gilbert
  • High School: Williams Field High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8825.0
  • Parcel #: 304-40-637
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: PROVIDENCE HOMES

Tax Info

  • Tax Annual Amount: 1685.0
  • Tax Book Number: 304.00
  • Tax Lot: 292
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jul 7, 2017
Sold by
Burke George
Bought by
Burke Linda
Seller's Agent
Mark Toon
RE/MAX Alliance Group
Buyer's Agent
Devon Heckel
Berkshire Hathaway HomeServices Arizona Properties
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$532,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,274
Avg. Annual Appreciation
8.57%
Original Mortgage
$251,750
Outstanding Balance
$209,506
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$322,768

Purchase Details

Closed on
Aug 3, 2009
Sold by
Citibank Na
Bought by
Lenon Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,265
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2009
Sold by
Bedford Michael J
Bought by
Citibank Na

Purchase Details

Closed on
Aug 11, 2003
Sold by
Providence Homes Inc
Bought by
Bedford Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,004
Interest Rate
5.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burke Linda -- Empire West Title Agency
Burke Linda $265,000 Empire West Title Agency
Lenon Steven L $151,000 The Talon Group Baseline
Citibank Na $320,335 None Available
Bedford Michael J -- Security Title Agency
Providence Homes Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Linda $251,750
Previous Owner Lenon Steven L $148,265
Previous Owner Bedford Michael J $151,004
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $265,000 0.0% $157 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $265,000 -- $157 / 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 $1,721 $22,576 -- --
2024 $1,843 $21,501 -- --
2023 $1,843 $39,670 $7,930 $31,740
2022 $1,761 $28,710 $5,740 $22,970
2021 $1,807 $26,470 $5,290 $21,180
2020 $1,840 $25,680 $5,130 $20,550
2019 $1,781 $23,200 $4,640 $18,560
2018 $1,718 $20,830 $4,160 $16,670
2017 $1,657 $18,910 $3,780 $15,130
2016 $1,643 $18,330 $3,660 $14,670
2015 $1,470 $17,500 $3,500 $14,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Toon

    RE/MAX

  • A

    Seller Co-Listing Agent in 2017

    Andrea Toon

    RE/MAX

  • Devon Heckel

    Buyer's Agent in 2017

    Devon Heckel

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 318-9544

    7 Total Sales

    Devon Heckel
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5623120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-637

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2961 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

Nearby Homes