NOT LISTED FOR SALE

2991 E Morgan Dr Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $488,000 - $521,000

4 Beds
2 Baths
1,693 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $365,000 $216 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,816/month

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • Chaparral Elementary School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of April 2023

Gorgeous 4 bedroom, 2 bathroom home located in a highly desirable Gilbert community! This home features high ceilings, neutral paint, carpet and tile flooring, and ceiling fans throughout. The eat-in kitchen has maple cabinetry, and a breakfast bar. The bedrooms are large with plenty of natural lighting. The master bedroom has a shower/tub combo, dual sinks, and separate toilet room. There is a huge backyard with a covered patio and plenty of space to let the fur friends run! This home also has a two-car garage and a fully landscaped front and backyard. Located close to Estrada Park, Fry's Marketplace, Whole Foods, Costco, Basha's, Ken McDonald Golf Course, Chandler Fashion Center, and plenty of dining/shopping options. There is also quick access to the AZ-101!

Last Agent to Rent the Property

Kenneth Ellis

Sunseeker Rentals & Prop mgmt, LLC License #BR636793000 Listed on: 04/12/2023

Last Renter's Agent

Christopher Salsberry

Realty ONE Group License #SA706212000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 8,470 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 1,693 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Crossroads Subdivision

Listing and Financial Details

  • Property Available on 4/12/23
  • $20 Move-In Fee
  • Rent includes repairs, gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 295
  • Assessor Parcel Number 304-40-640

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$48 per month

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Repairs, Gardening Service
  • Available Date: 2023-04-12

Listing Details

  • Cross Street: E Williams Field Rd & S Higley Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Rental Info H O A Name: -
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 20.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: CROSSROADS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • 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
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1693.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: -
  • Phone: -
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 8470.0
  • Parcel #: 304-40-640

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 295
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 25, 2021
Sold by
Cordero Monica Linda and Cordero George
Bought by
Garcia Tyler Michael
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Debbie Jennings
Realty ONE Group
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$503,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,099
Avg. Annual Appreciation
6.87%
Original Mortgage
$354,050
Outstanding Balance
$317,381
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$185,718

Purchase Details

Closed on
Mar 15, 2005
Sold by
Cordero Monica Linda and Cordero George
Bought by
Cordero George and Cordero Monica Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 2, 2003
Sold by
Providence Homes Inc
Bought by
Cordero George and Gaiser Monica Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,984
Interest Rate
5.71%
Mortgage Type
FHA
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
Garcia Tyler Michael $365,000 Landmark Title
Cordero George -- --
Cordero George $153,354 Security Title Agency
Providence Homes Inc $134,184 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Tyler Michael $354,050
Previous Owner Cordero George $156,000
Previous Owner Cordero George $150,984
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Off Market $365,000 -- --
04/25/2023 04/25/23 Rented $2,495 0.0% --
04/23/2023 04/23/23 Under Contract -- -- --
04/12/2023 04/12/23 For Rent $2,495 0.0% --
03/03/2021 03/03/21 Sold $365,000 +4.3% $216 / Sq Ft View Prior Sale
02/01/2021 02/01/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $350,000 0.0% $207 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $350,000 -- $207 / 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 $1,589 $20,827 -- --
2024 $1,702 $19,835 -- --
2023 $1,702 $36,950 $7,390 $29,560
2022 $1,626 $26,850 $5,370 $21,480
2021 $1,668 $24,700 $4,940 $19,760
2020 $1,698 $24,110 $4,820 $19,290
2019 $1,644 $21,600 $4,320 $17,280
2018 $1,585 $19,430 $3,880 $15,550
2017 $1,529 $17,710 $3,540 $14,170
2016 $1,516 $17,100 $3,420 $13,680
2015 $1,357 $16,220 $3,240 $12,980
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Ellis

    Landlord's Agent in 2023

    Kenneth Ellis

    Sunseeker Rentals & Prop mgmt, LLC

    (480) 678-1966

    38 Total Sales

    Kenneth Ellis
    Section Image

  • C

    Tenant's Agent in 2023

    Christopher Salsberry

    Realty One Group

    Section Image
  • Daniel Brown

    Seller's Agent in 2021

    Daniel Brown

    My Home Group

    (480) 707-2934

    1 in this area

    383 Total Sales

    Daniel Brown
    Section Image

  • D

    Buyer's Agent in 2021

    Debbie Jennings

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6543121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-640

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2991 E Morgan Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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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