NOT LISTED FOR SALE

3140 E Palo Verde St Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $1,521,000 - $1,670,052

4 Beds
3.5 Baths
3,980 Sq Ft
$402/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $1,800,000 $452 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,955/month

11 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Wood Flooring
  • Greenfield Elementary School Rated A-
  • 0.46 Acre Lot
  • 1 Fireplace

About This Home

As of August 2022

Rare single story custom home in highly sought after Circle G neighborhood in Morrison Ranch. Home has been completely renovated from top to bottom with high end designer finishes and no expense spared. Energy efficient with new spray foam insulation, windows, AC units, water heater, etc! 4 beds, Den, 3.5 baths, gourmet kitchen featuring luxury 8 burner range with griddle, double ovens, 72'' custom fridge, two dishwashers, and butlers pantry!
Backyard is ideal for entertaining with brand new 2020 heated diving pool and spa surrounded by lush landscape for full privacy. This, like new home, won't last long!

Last Agent to Sell the Property

Katie Zaharis

Presidential Realty, LLC License #SA660724000 Listed on: 06/17/2022

Last Buyer's Agent

Mike Moon

JK Realty License #SA662245000

JK Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 2003

Lot Details

  • 0.46 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Circular Driveway
  • RV Gated
  • Golf Cart Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 3,980 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Security System Leased

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Pool Updated in 2021
  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Vision Comm Mgmt Association, Phone Number (480) 759-4945
  • Circle G At Highlands West Lots 3,4,5,43 & 44 Repl Subdivision, Custom Floorplan
  • FHA/VA Approved Complex

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 304-20-137

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 2003

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Cross Street: Higley and Elliot
  • 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: 82.95
  • Basement: N
  • Cooling HVAC SEER Rating: 18
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2021
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2021
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: CIRCLE G AT HIGHLANDS WEST LOTS 3,4,5,43 & 44 REPL
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • General Property Description:PriceSqFt: 452.26
  • Association Fees:HOA Fee2: 248.85
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3980.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Brick Veneer, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Circular Driveway, Side Vehicle Entry, Golf Cart Garage, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Security System Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: FHA Approved Prjct, Other, Management, VA Approved Prjct
  • Association Fee: 248.85
  • Association Fee Frequency: Quarterly
  • Association Name: Circle G/Highlands W
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Circle G/Highlands W
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Vision Comm Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20095.0
  • Parcel #: 304-20-137
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5305.0
  • Tax Book Number: 304.00
  • Tax Lot: 5
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2025
Sold by
Cody Gregory S and Cody Kelly C
Bought by
Cody Family Trust and Cody
Current Estimated Value
$1,599,763

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 11, 2022
Sold by
Gunnell Ryan D and Gunnell Julie A
Bought by
Cody Gregory S and Cody Kelly C
Seller's Agent
Katie Zaharis
Presidential Realty, LLC
Buyer's Agent
Mike Moon
JK Realty
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.49%
Original Mortgage
$1,440,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 1, 2020
Sold by
Mugleston Kendall L
Bought by
Gunnell Ryan D and Gunnell Julie A
Seller's Agent
Aimee Lunt
RE/MAX Solutions
Buyer's Agent
Aimee Lunt
RE/MAX Solutions
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.91%
Original Mortgage
$475,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Benson Douglas and Benson Stacy
Bought by
Mugleston Kendall L

Purchase Details

Closed on
Feb 2, 2004
Sold by
Seville Homes Llc
Bought by
Benson Douglas and Benson Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Huish Dale A and Huish Christina
Bought by
Seville Homes Llc

Purchase Details

Closed on
Mar 18, 2003
Sold by
Riggs Charl W and Riggs Sheli G
Bought by
Huish Dale A and Huish Christina

Purchase Details

Closed on
Dec 23, 2002
Sold by
Laney Chris M and Laney Cheri A
Bought by
Riggs Charl W and Riggs Sheli G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2000
Sold by
Davis David M and Davis Karen L
Bought by
Laney Chris M and Laney Cheri A

Purchase Details

Closed on
Aug 10, 1998
Sold by
Circle G At Higley Llc
Bought by
Davis David M and Davis Karen L
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
Cody Family Trust -- None Listed On Document
Cody Gregory S $1,800,000 Magnus Title
Gunnell Ryan D $775,000 Grand Canyon Title Agency
Mugleston Kendall L $470,000 Grand Canyon Title Agency In
Benson Douglas $533,500 Westland Title Agency Of Az
Seville Homes Llc $131,500 Lawyers Title Of Arizona Inc
Huish Dale A $131,000 Chicago Title Insurance Co
Riggs Charl W $125,000 Chicago Title Insurance Co
Laney Chris M $93,000 Security Title Agency
Davis David M $68,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cody Gregory S $1,440,000
Previous Owner Gunnell Ryan D $475,000
Previous Owner Benson Douglas $250,000
Previous Owner Riggs Charl W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $1,800,000 -2.7% $452 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $1,850,000 -7.3% $465 / Sq Ft
06/16/2022 06/16/22 For Sale $1,995,000 +157.4% $501 / Sq Ft
04/06/2020 04/06/20 Sold $775,000 -3.1% $216 / Sq Ft View Prior Sale
02/07/2020 02/07/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $800,000 -- $223 / 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 $5,479 $65,472 -- --
2024 $5,286 $62,354 -- --
2023 $5,286 $87,810 $17,560 $70,250
2022 $5,128 $64,700 $12,940 $51,760
2021 $5,305 $62,300 $12,460 $49,840
2020 $5,209 $59,900 $11,980 $47,920
2019 $4,806 $57,370 $11,470 $45,900
2018 $4,655 $54,760 $10,950 $43,810
2017 $4,487 $51,450 $10,290 $41,160
2016 $4,614 $49,750 $9,950 $39,800
2015 $4,153 $46,170 $9,230 $36,940
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Katie Zaharis

    Presidential Realty, LLC

    (480) 628-6362

    7 in this area

    22 Total Sales

    Katie Zaharis
    Section Image
  • Mike Moon

    Buyer's Agent in 2022

    Mike Moon

    JK Realty

    (480) 821-4232

    1 in this area

    11 Total Sales

    Mike Moon
    Section Image
  • Aimee Lunt

    Seller's Agent in 2020

    Aimee Lunt

    RE/MAX

    (480) 228-0320

    20 in this area

    116 Total Sales

    Aimee Lunt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6418176

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-20-137

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3140 E Palo Verde St, 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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