NOT LISTED FOR SALE

3261 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $710,000 - $742,000

5 Beds
3 Baths
2,490 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 03, 2015

Last sale price $330,000 $133 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,077/month

4 Days on Market

Highlights

  • Private Pool
  • 0.2 Acre Lot
  • Private Yard
  • Highland Park Elementary Rated A-
  • Vaulted Ceiling
  • 3-minute walk to E. Lexington Ct Playground

About This Home

As of July 2015

Welcome home! This beautiful 5 bedroom, 3 bath, 3 car garage home is located in the highly desired neighborhood of Morrison Ranch. Your new home offers an oversized backyard with a private diving pool and large grass area. Formal living and dining area, kitchen with new appliances and eating area with bay window. One bedroom and full bath on the first floor! Master suite includes two closets, dual sinks, separate tub and shower. Three additional bedrooms and a full bath upstairs too!

Last Agent to Sell the Property

Stacia Ehlen

RE/MAX Signature License #SA546565000 Listed on: 06/04/2015

RE/MAX Signature

Co-Listed By

Timothy Ehlen

RE/MAX Signature License #SA654242000

Last Buyer's Agent

Edward Surchik

Fathom Realty Elite License #SA541291000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 2001

Lot Details

  • 8,840 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Park Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 170
  • Assessor Parcel Number 309-23-170

Community Details

Overview

  • Association fees include ground maintenance
  • Renaissance Communit Association, Phone Number (480) 813-6788
  • Built by Shea Homes
  • Higley Groves At Morrison Ranch Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,159

Year Built

Built in 2001

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Cross Street: Higley & 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: 66.66
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: resol001
  • Co List Office Phone: 480-610-6500
  • Subdivision Name: HIGLEY GROVES AT MORRISON RANCH
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 132.53
  • Association Fees:HOA Fee2: 200.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2490.0
  • Stories: 2
  • Window Features: Low-E
  • 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
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: Higley Groves HOA
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Higley Groves HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Renaissance Communit
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8840.0
  • Parcel #: 309-23-170
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 2159.0
  • Tax Book Number: 309.00
  • Tax Lot: 170
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jun 18, 2015
Sold by
Gau Richard E and Gau Amy
Bought by
Herd Jeffrey and Herd Casey
Seller's Agent
Stacia Ehlen
RE/MAX Signature
Buyer's Agent
Edward Surchik
Fathom Realty Elite
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$725,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,831
Avg. Annual Appreciation
7.79%
Original Mortgage
$313,500
Outstanding Balance
$243,333
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$482,498

Purchase Details

Closed on
Mar 6, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Gau Richard E and Gau Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,580
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2009
Sold by
Teixeira Frank and Teixeira Derreth
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 9, 2006
Sold by
Allen Terry W
Bought by
Teixeira Frank and Teixeira Derreth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Dickerson Derrick Jon and Dickerson Leisann Joi
Bought by
Allen Terry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 2004
Sold by
Allen Leslie S
Bought by
Allen Terry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2000
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Dickerson Derrick Jon and Dickerson Leisann Joi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,100
Interest Rate
6.98%
Mortgage Type
New Conventional
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
Herd Jeffrey $330,000 Great Amer Title Agency Inc
Gau Richard E $244,000 Lsi Title Agency
Deutsche Bank National Trust Company $260,000 Accommodation
Teixeira Frank $426,000 Title Guaranty Agency
Allen Terry W $281,000 Ticor Title Agency Of Az Inc
Allen Terry W -- Ticor Title Agency Of Az Inc
Dickerson Derrick Jon $182,630 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herd Jeffrey $313,500
Previous Owner Gau Richard E $239,580
Previous Owner Teixeira Frank $426,000
Previous Owner Allen Terry W $56,200
Previous Owner Allen Terry W $224,800
Previous Owner Allen Terry W $224,800
Previous Owner Dickerson Derrick Jon $146,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2015 07/03/15 Sold $330,000 0.0% $133 / Sq Ft
06/04/2015 06/04/15 For Sale $330,000 -- $133 / 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 $2,613 $33,714 -- --
2024 $2,533 $32,109 -- --
2023 $2,533 $48,610 $9,720 $38,890
2022 $2,457 $36,330 $7,260 $29,070
2021 $2,585 $34,560 $6,910 $27,650
2020 $2,544 $32,380 $6,470 $25,910
2019 $2,339 $30,270 $6,050 $24,220
2018 $2,270 $28,760 $5,750 $23,010
2017 $2,192 $27,430 $5,480 $21,950
2016 $2,268 $26,860 $5,370 $21,490
2015 $2,066 $26,750 $5,350 $21,400
Source: Public Records

Agents Affiliated with this Home

  • Stacia Ehlen

    Seller's Agent in 2015

    Stacia Ehlen

    RE/MAX

    (602) 330-3379

    3 in this area

    63 Total Sales

    Stacia Ehlen
    Section Image
  • Timothy Ehlen

    Seller Co-Listing Agent in 2015

    Timothy Ehlen

    RE/MAX

    (602) 320-7056

    4 in this area

    147 Total Sales

    Timothy Ehlen
    Section Image
  • Edward Surchik

    Buyer's Agent in 2015

    Edward Surchik

    Fathom Realty Elite

    (480) 250-3595

    47 Total Sales

    Edward Surchik
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5289098

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-23-170

Arizona Maricopa County Gilbert 85234 Val Vista

3261 E Lexington Ave, 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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