NOT LISTED FOR SALE

3345 E Franklin Ave Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $594,000 - $648,442

4 Beds
2.5 Baths
3,102 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $420,000 $135 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,627/month

60 Days on Market

Highlights

  • 0.22 Acre Lot
  • Granite Countertops
  • Tennis Courts
  • Higley Traditional Academy Rated A
  • Community Pool
  • Eat-In Kitchen

About This Home

As of November 2020

INVESTORS! L👀K!!! Great investment opportunity with tenant in place. No sign on the property, No lockbox, tenants rights. Do Not disturb tenants, drive-by only. This beautiful home located in the highly sought after Lyons Gate Neighborhood! Specious 4 bedrooms are upstairs including a large loft area, den/office downstairs. Master suite has dual sinks, separate tub and shower, and a large walk-in closet. Stunning kitchen has ample cabinet storage with lazy Susan, granite counter tops, island, double oven and butler's pantry. Family room, separate formal living and dinning room, 3 extra long tandem car garage, spacious laundry room that is plumbed for a sink and
low-maintenance backyard w/built-in BBQ. Home is only minutes away from Joe's Farm grill, Top Golf, shopping centers, schools, San tan mall and 202 freeway. Community amenities include parks, playgrounds, basketball & tennis courts, 3 community pools and a clubhouse available for rent for special events.

Last Agent to Sell the Property

Wadad Ghomrawi

My Home Group Real Estate Brokerage Phone: 480-225-4741 License #SA625424000 Listed on: 08/26/2020

My Home Group Real Estate

Co-Listed By

Omar Ghomrawi

My Home Group Real Estate Brokerage Phone: 480-225-4741 License #SA580575000

Last Buyer's Agent

Rosanne Terrell

Valley Casa Realty, Inc License #SA653624000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 2007

Lot Details

  • 9,477 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,102 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Chaparral Elementary School
  • Greenfield Junior High School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1390
  • Assessor Parcel Number 313-10-832

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Mgmt. Association, Phone Number (602) 437-4777
  • Built by William Lyons
  • Lyons Gate Phase 5 Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,174

Year Built

Built in 2007

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • Cross Street: Higley and Ray
  • 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: 60.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: LYONS GATE PHASE 5
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 135.39
  • Association Fees:HOA Fee2: 60.0
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 3102.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyon's Gate Communty
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lyon's Gate Communty
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt.
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9477.0
  • Parcel #: 313-10-832

Building Info

  • Builder Name: William Lyons

Tax Info

  • Tax Annual Amount: 3174.0
  • Tax Book Number: 313.00
  • Tax Lot: 1390
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 18, 2020
Sold by
Navarro Vincent and Navarro Deidre
Bought by
Batarseh Joseph and Heibult Tamara
Seller's Agent
Wadad Ghomrawi
My Home Group Real Estate
Buyer's Agent
Rosanne Terrell
Valley Casa Realty, Inc
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Current Estimated Value
$627,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,111
Avg. Annual Appreciation
8.18%
Original Mortgage
$237,500
Outstanding Balance
$211,341
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$415,770

Purchase Details

Listed on
Apr 19, 2016
Closed on
Apr 28, 2016
Sold by
Pike Sarelle
Bought by
Pike Daniel
Seller's Agent
Wadad Ghomrawi
My Home Group Real Estate
Buyer's Agent
Leonard Mitchell
Realty ONE Group
Sold Price
$1,900

Purchase Details

Closed on
Sep 12, 2007
Sold by
William Lyon Southwest Inc
Bought by
Navarro Vincent and Navarro Deidre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,750
Interest Rate
6.61%
Mortgage Type
VA
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
Batarseh Joseph $412,500 Magnus Title Agency
Pike Daniel -- American Title Svc Agency Ll
Navarro Vincent $353,095 Security Title Agency Inc
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batarseh Joseph $237,500
Previous Owner Navarro Vincent $317,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $420,000 -2.3% $135 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $429,900 0.0% $139 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $429,900 -1.2% $139 / Sq Ft
08/26/2020 08/26/20 For Sale $435,000 0.0% $140 / Sq Ft
09/01/2019 09/01/19 Rented $2,250 +2.3% --
08/16/2019 08/16/19 Under Contract -- -- --
08/02/2019 08/02/19 For Rent $2,200 +15.8% --
06/07/2016 06/07/16 Rented $1,900 0.0% --
05/24/2016 05/24/16 Under Contract -- -- --
04/19/2016 04/19/16 For Rent $1,900 0.0% --
06/01/2014 06/01/14 Rented $1,900 0.0% --
05/07/2014 05/07/14 Under Contract -- -- --
05/01/2014 05/01/14 For Rent $1,900 +5.6% --
05/18/2013 05/18/13 Rented $1,800 -5.3% --
04/15/2013 04/15/13 Under Contract -- -- --
03/26/2013 03/26/13 For Rent $1,900 -- --
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 $3,259 $35,897 -- --
2024 $3,433 $34,187 -- --
2023 $3,433 $47,810 $9,560 $38,250
2022 $3,297 $35,810 $7,160 $28,650
2021 $3,334 $33,800 $6,760 $27,040
2020 $3,382 $31,880 $6,370 $25,510
2019 $3,282 $28,700 $5,740 $22,960
2018 $3,174 $27,250 $5,450 $21,800
2017 $3,068 $26,210 $5,240 $20,970
2016 $3,103 $25,620 $5,120 $20,500
2015 $2,726 $25,560 $5,110 $20,450
Source: Public Records

Agents Affiliated with this Home

  • Wadad Ghomrawi

    Seller's Agent in 2020

    Wadad Ghomrawi

    My Home Group

    (480) 225-4741

    24 Total Sales

    Wadad Ghomrawi
    Section Image

  • O

    Seller Co-Listing Agent in 2020

    Omar Ghomrawi

    My Home Group

    Section Image
  • Rosanne Terrell

    Buyer's Agent in 2020

    Rosanne Terrell

    Valley Casa Realty, Inc

    (480) 707-3228

    2 in this area

    32 Total Sales

    Rosanne Terrell
    Section Image
  • Gordon Woodruff

    Buyer's Agent in 2019

    Gordon Woodruff

    Realty One Group

    (480) 603-8481

    26 Total Sales

    Gordon Woodruff
    Section Image

  • L

    Buyer's Agent in 2016

    Leonard Mitchell

    Realty One Group

    Section Image
  • Michael McInteer

    Seller Co-Listing Agent in 2014

    Michael McInteer

    My Home Group

    (602) 369-5403

    3 Total Sales

    Michael McInteer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6122775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-10-832

Arizona Maricopa County Gilbert 85295 Lyon's Gate

3345 E Franklin Ave, 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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