NOT LISTED FOR SALE

305 S Racine Ct Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,121,000 - $1,903,000

5 Beds
3.5 Baths
3,161 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $615,000 $195 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $8,683/month

45 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Covered Patio or Porch
  • Greenfield Elementary School Rated A-
  • 0.47 Acre Lot
  • Cul-De-Sac

About This Home

As of July 2018

Single Level Custom Home in Circle G Highland West with a 3 Car Garage and a Pool Tucked into a Cul-De-Sac on Approx Half-Acre Lot. This Spacious Home’s Split Floor Plan offers 5 Bedrooms, 3.5 Baths, Formal Living Room, Formal Dining Room, and a Great Room Adjacent to the Kitchen. 3-Car Side-Entry Garage was Designed to Fit Large SUVs and Trucks with ease. All Bedrooms are Adjacent to a Bathroom (Hall or Jac-n-Jill) each with a Spacious Walk-in Closets. Back Yard Offers Large Grassy Area, Fenced Play Pool with In-Ground Spa, and Mature Citrus Trees. All new Trane HVAC units in 2017 and all ducts sealed after installation. Dirt Lot to the north east just sold for $322,000 in December 2017.

Last Agent to Sell the Property

Brian Cunningham

eXp Realty License #SA634644000 Listed on: 01/12/2018

eXp Realty

Last Buyer's Agent

Sarah Parker

Dave Johnson Realty License #SA642579000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,972

Year Built

  • Built in 1999

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Az Cms Association, Phone Number (480) 355-1190
  • Built by Custom
  • Circle G At Highlands West Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 304-20-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,972

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Higley & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 76.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: South on Higley from Elliot. Right turn on Amber. Quick Right onto Balboa. Balboa will turn into Palo Verde. Left onto Racine Ct to your new home will be ahead on the left!
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.47
  • Subdivision Name: CIRCLE G AT HIGHLANDS WEST
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 76.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3161.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Extnded Lngth Garage, RV Gate, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: AZ CMS
  • Phone: 480-355-1190
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AZ CMS
  • Association Fees:HOA Telephone4: 480-355-1190
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Highland High School
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20438.0
  • Parcel #: 304-20-110
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3972.0
  • Tax Book Number: 304.00
  • Tax Lot: 68
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jul 3, 2018
Sold by
Bowen James R and Bowen Linda S
Bought by
Parker Richard J and Parker Barbara C
Seller's Agent
Brian Cunningham
eXp Realty
Buyer's Agent
Sarah Parker
Dave Johnson Realty
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Current Estimated Value
$1,534,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,006
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Bowen James R and Bowen Linda S
Bought by
Bowen James R and Bowen Linda S

Purchase Details

Closed on
Jun 11, 2003
Sold by
Bowen James R and Bowen Linda S
Bought by
Bowen James R and Bowen Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2002
Sold by
Bowen James R and Bowen Linda S
Bought by
Bowen James R and Bowen Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.09%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Bowen James R and Bowen Linda S
Bought by
Bowen James R and Bowen Linda S

Purchase Details

Closed on
Jul 1, 1998
Sold by
Hills Family Ltd Liability Company
Bought by
Bowen James R and Bowen Linda S

Purchase Details

Closed on
Jun 1, 1998
Sold by
Circle G At Higley Llc
Bought by
Hills Family Ltd Liability Company
Source: Public Records

Range of Values:

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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
Parker Richard J $615,000 Driggs Title Agency Inc
Bowen James R -- None Available
Bowen James R -- Chicago Title Insurance Co
Bowen James R -- Chicago Title Insurance Co
Bowen James R -- --
Bowen James R -- Century Title Agency Inc
Bowen James R -- --
Bowen James R $70,000 Lawyers Title Of Arizona Inc
Hills Family Ltd Liability Company -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Richard J $86,000
Open Parker Richard J $200,000
Closed Parker Richard $200,000
Previous Owner Bowen James R $350,000
Previous Owner Bowen Linda S $292,700
Previous Owner Bowen James R $227,000
Previous Owner Bowen James R $129,000
Previous Owner Bowen James R $279,000
Previous Owner Bowen James R $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $615,000 -5.4% $195 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $650,000 -- $206 / 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 $4,671 $58,737 -- --
2024 $4,692 $55,940 -- --
2023 $4,692 $94,100 $18,820 $75,280
2022 $4,550 $69,830 $13,960 $55,870
2021 $4,707 $67,480 $13,490 $53,990
2020 $4,621 $64,820 $12,960 $51,860
2019 $4,259 $52,470 $10,490 $41,980
2018 $4,123 $50,360 $10,070 $40,290
2017 $3,972 $46,770 $9,350 $37,420
2016 $4,086 $45,120 $9,020 $36,100
2015 $3,671 $41,230 $8,240 $32,990
Source: Public Records

Agents Affiliated with this Home

  • Brian Cunningham

    Seller's Agent in 2018

    Brian Cunningham

    eXp Realty

    (480) 370-6160

    9 in this area

    188 Total Sales

    Brian Cunningham
    Section Image

  • S

    Buyer's Agent in 2018

    Sarah Parker

    Dave Johnson Realty

    1 in this area

    9 Total Sales

    Sarah Parker
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5707744

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-110

Arizona Maricopa County Gilbert 85296 Morrison Ranch

305 S Racine Ct, Gilbert, AZ

This home is located at 305 S Racine Ct, Gilbert, AZ 85296 since 12 January 2018 and is currently estimated at $1,534,006, approximately $485 per square foot. This property was built in 1999. 305 S Racine Ct is a home located in Maricopa County with nearby schools including Greenfield Elementary School, Greenfield Junior High School, and Highland High School.

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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