2964 E Palo Verde St Gilbert, AZ 85296
Morrison Ranch Neighborhood
5
Beds
5
Baths
4,491
Sq Ft
0.46
Acres
Highlights
- Heated Pool
- RV Gated
- Two Primary Bathrooms
- Greenfield Elementary School Rated A-
- 0.46 Acre Lot
- Wood Flooring
About This Home
As of April 2025Exquisite Luxury Living in the Prestigious Circle G Community
Welcome to 2964 E Palo Verde St, an unparalleled masterpiece nestled in the sought-after Circle G community of Gilbert. This 5-bedroom, 5-bathroom estate has undergone a top-to-bottom luxury renovation, blending modern sophistication with timeless elegance.
From the moment you arrive, you'll be captivated by the professionally designed landscaping and the striking natural stone front patio. Step inside to discover European oak wood flooring throughout, Taj Mahal quartzite countertops, and Wolf & Subzero appliances in the chef's dream kitchen. The leather-wrapped hardware and brushed brass fixtures add a touch of refined luxury, while the Kohler Bluetooth master shower offers a spa-like retreat in the owner's suite complete with a private washer and dryer for ultimate convenience.
Designed for both comfort and efficiency, this home boasts a new roof, new windows and sliders, two new AC units and furnace, and a complete new irrigation system. Entertaining is effortless with a dedicated entertainment area, guest suite/casita, built-in under-counter ice maker, and in-wall Elkay water filler system. The backyard oasis features a new pool heater, expansive covered patios, and lush landscapingperfect for Arizona's outdoor lifestyle.
This is more than just a homeit's a statement of uncompromising quality, crafted by one of Arizona's premier contractors, recognized by Build Magazine for the last three years. Experience the finest in luxury living in one of Gilbert's most coveted neighborhoods.
Last Agent to Sell the Property
Limitless Real Estate License #BR658708000 Listed on: 03/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,392
Year Built
- Built in 2000
Lot Details
- 0.46 Acre Lot
- Block Wall Fence
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $83 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 4 Open Parking Spaces
- Garage Door Opener
- RV Gated
Home Design
- Roof Updated in 2025
- Wood Frame Construction
- Tile Roof
- Metal Roof
- Stucco
Interior Spaces
- 4,491 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Living Room with Fireplace
Kitchen
- Kitchen Updated in 2025
- Eat-In Kitchen
- <<builtInMicrowave>>
- Kitchen Island
Flooring
- Floors Updated in 2025
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2025
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Pool Updated in 2025
- Heated Pool
- Pool Pump
Outdoor Features
- Covered patio or porch
- Fire Pit
Schools
- Greenfield Elementary School
- Greenfield Junior High School
- Highland High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Tankless Water Heater
- Water Softener
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 304-20-056
Community Details
Overview
- Association fees include ground maintenance
- 480 759 4945 Association
- Built by Custom
- Circle G At Highlands West Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
Apr 14, 2025
Sold by
Willmoore Llc
Bought by
Frye Justin Michael and Frye Lauren Marie
Seller's Agent
Blake Clark
Limitless Real Estate
Buyer's Agent
Laura Jorden
Russ Lyon Sotheby's International Realty
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,744
Avg. Annual Appreciation
-14.34%
Original Mortgage
$1,800,000
Outstanding Balance
$1,800,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$361,256
Purchase Details
Listed on
Apr 12, 2024
Closed on
Oct 28, 2024
Sold by
Towles Todd A and Towles Raquel
Bought by
Willmoore Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Blake Clark
Limitless Real Estate
List Price
$1,699,900
Sold Price
$1,375,000
Premium/Discount to List
-$324,900
-19.11%
Views
107
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
191.71%
Purchase Details
Listed on
Jan 9, 2020
Closed on
Feb 21, 2020
Sold by
Livorsi Gaspare J and Livorsi Arlene M
Bought by
Towles Todd A and Towles Raquel
Seller's Agent
Edward Benson
eXp Realty
Buyer's Agent
Mark Stanley
Realty ONE Group
List Price
$865,000
Sold Price
$800,000
Premium/Discount to List
-$65,000
-7.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$640,000
Interest Rate
3.6%
Mortgage Type
VA
Purchase Details
Listed on
May 7, 2015
Closed on
May 26, 2015
Sold by
Marshall Ronald E and Marshall Marian I
Bought by
The Gaspare J Livorsi & Arlene M Livorsi
Seller's Agent
Marian Marshall
Lucas Real Estate
Buyer's Agent
Edward Benson
eXp Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Purchase Details
Closed on
Jul 8, 2004
Sold by
Waisath Curt D and Waisath Karen B
Bought by
Marshall Ronald E and Marshall Marian I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2000
Sold by
Hakes Kim C and Hakes Lisa D
Bought by
Waisath Curt D and Waisath Karen B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 1998
Sold by
Circle G At Higley Llc
Bought by
Hakes Kim C and Hakes Lisa D
Similar Homes in Gilbert, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,250,000 | Iconic Title | |
| Warranty Deed | $1,375,000 | Queen Creek Title Agency Llc | |
| Warranty Deed | $800,000 | Lawyers Title Of Arizona Inc | |
| Cash Sale Deed | $720,000 | First American Title Ins Co | |
| Warranty Deed | $564,000 | First American Title Ins Co | |
| Warranty Deed | $469,000 | First American Title | |
| Joint Tenancy Deed | $69,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,800,000 | New Conventional | |
| Previous Owner | $149,000 | Credit Line Revolving | |
| Previous Owner | $640,687 | New Conventional | |
| Previous Owner | $640,000 | VA | |
| Previous Owner | $451,200 | Negative Amortization | |
| Previous Owner | $451,200 | New Conventional | |
| Previous Owner | $375,200 | New Conventional | |
| Closed | $56,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $2,250,000 | -4.3% | $501 / Sq Ft |
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $2,350,000 | +70.9% | $523 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | Sold | $1,375,000 | -7.3% | $306 / Sq Ft |
| 10/11/2024 10/11/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $1,483,900 | -0.3% | $330 / Sq Ft |
| 09/13/2024 09/13/24 | Price Changed | $1,488,900 | -0.3% | $332 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $1,493,900 | -0.3% | $333 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $1,498,900 | -4.3% | $334 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $1,566,000 | -0.5% | $349 / Sq Ft |
| 07/22/2024 07/22/24 | Price Changed | $1,574,000 | -0.5% | $350 / Sq Ft |
| 07/12/2024 07/12/24 | Price Changed | $1,582,000 | -0.5% | $352 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $1,590,000 | -0.6% | $354 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $1,599,900 | -0.5% | $356 / Sq Ft |
| 06/22/2024 06/22/24 | Price Changed | $1,607,900 | -0.5% | $358 / Sq Ft |
| 06/17/2024 06/17/24 | Price Changed | $1,615,900 | -0.5% | $360 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,623,900 | -0.5% | $362 / Sq Ft |
| 05/23/2024 05/23/24 | Price Changed | $1,631,900 | -0.5% | $363 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $1,639,900 | -0.6% | $365 / Sq Ft |
| 04/29/2024 04/29/24 | Price Changed | $1,650,000 | -2.9% | $367 / Sq Ft |
| 04/12/2024 04/12/24 | For Sale | $1,699,900 | +112.5% | $379 / Sq Ft |
| 02/28/2020 02/28/20 | Sold | $800,000 | -7.5% | $174 / Sq Ft |
| 01/29/2020 01/29/20 | Pending | -- | -- | -- |
| 01/09/2020 01/09/20 | For Sale | $865,000 | +20.1% | $188 / Sq Ft |
| 06/30/2015 06/30/15 | Sold | $720,000 | -0.7% | $157 / Sq Ft |
| 05/25/2015 05/25/15 | Pending | -- | -- | -- |
| 05/19/2015 05/19/15 | Price Changed | $725,000 | -3.3% | $158 / Sq Ft |
| 05/07/2015 05/07/15 | For Sale | $750,000 | -- | $164 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $5,392 | $66,939 | -- | -- |
| 2024 | $5,416 | $63,752 | -- | -- |
| 2023 | $5,416 | $89,200 | $17,840 | $71,360 |
| 2022 | $5,254 | $65,360 | $13,070 | $52,290 |
| 2021 | $5,435 | $62,730 | $12,540 | $50,190 |
| 2020 | $5,338 | $60,570 | $12,110 | $48,460 |
| 2019 | $4,926 | $57,930 | $11,580 | $46,350 |
| 2018 | $4,771 | $55,420 | $11,080 | $44,340 |
| 2017 | $4,600 | $52,000 | $10,400 | $41,600 |
| 2016 | $4,729 | $50,280 | $10,050 | $40,230 |
| 2015 | $4,258 | $46,980 | $9,390 | $37,590 |
Source: Public Records
Agents Affiliated with this Home
-
Blake Clark
Seller's Agent in 2025
Blake Clark
Limitless Real Estate
(480) 845-3833
4 in this area
415 Total Sales
-
Mikaela Clark
Seller Co-Listing Agent in 2025
Mikaela Clark
Limitless Real Estate
(480) 658-4088
1 in this area
135 Total Sales
-
Laura Jorden
Buyer's Agent in 2025
Laura Jorden
Russ Lyon Sotheby's International Realty
(480) 734-0870
1 in this area
51 Total Sales
-
B
Seller's Agent in 2024
Beth Jo Zeitzer
R.O.I. Properties
-
Rebecca Marvel
Seller Co-Listing Agent in 2024
Rebecca Marvel
R.O.I. Properties
(480) 492-6799
1 in this area
200 Total Sales
-
Mikaeli Blake
M
Buyer Co-Listing Agent in 2024
Mikaeli Blake
Barrett Real Estate
(480) 365-8246
1 in this area
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6830729
APN: 304-20-056
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.
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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