NOT LISTED FOR SALE

340 S Ranchos Legante Dr Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $1,438,000 - $1,955,000

4 Beds
3.5 Baths
3,664 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $1,850,000 $505 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $9,370/month

37 Days on Market

Highlights

  • Guest House
  • Barn
  • Private Pool
  • Finley Farms Elementary School Rated A-
  • Horse Stalls
  • RV Garage

About This Home

As of December 2021

INCREDIBLE ONE OF A KIND ACREAGE ESTATE IN HEART OF GILBERT, WITH NO HOA. This property at the end cul-de-sac of a long single street 1/2 mile away from Elliot Rd, surrounded by custom homes, open fields, and mature trees. Quiet ranch living with incredible use of the near 1.5 acre plot. Huge extra deep 2000sf 3 car garage / shop / RV GARAGE including cooled private 150 sf home office. Ready for full build out for guest quarters/home based business with plumbing already in place. Large wraparound patio ties everything together to frame an amazing outdoor pool area surrounded by all your favorite mature CITRUS trees. Beyond, full pasture features covered stables, tack rooms and garden beds. Incredible opportunity to own one of the rare acre+ lots in Gilbert! Enter this sprawling Ranch home through vaulted entry to main living room with beamed ceiling, large fireplace and into tasteful kitchen and dining room. Gorgeous Kitchen remodeled in 2019 with GE Cafe White Appliances, Carrera Marble Counters Italian tile splash, and custom cabinetry. Brazilian Walnut real hardwood throughout. North wing features primary suite, full hall bath and 2 other bedrooms, one of which is a double size room. Primary suite features soaking tub, walk in shower, large walk in closet with built in organization. South wing off kitchen features incredible pantry with separate full sized fridge and amazing stores, and a laundry room across the hall that you need to see to believe - with additional office nook - you won't want to leave! This hall includes a newly remodeled half bath and leads to large family room with separate entry, and additional bedroom with another full bath, with back entry to pool area for easy pool accessibility. All new high end lighting, newer windows, and refinished cabinetry throughout all bath rooms. Entire property is irrigated, grandfathered water rights - UNDER 200/year! Fruit trees: Navels, Mandarin, Tangelo, Juicing Orange, Sweet Lemon, Grapefruit, Apricot, Peach, Plum, Pear, Pomegranate, 2 varieties of Apple, and Fig! Irrigated Black Gold garden beds ready for your spring planting. Mature ASH and Pink Peppercorn Trees. Open Pasture to the east across street will not be built on per seller, South features large open greenbelt on other side of wall. Incredible parking for any large gatherings you'd love to host!

Last Agent to Sell the Property

Chris Lundberg

Redeemed Real Estate License #BR644238000 Listed on: 11/05/2021

Last Buyer's Agent

Lilliana Hindman

Redeemed Real Estate License #SA654785000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1977

Lot Details

  • 1.43 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Wire Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Detached Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,664 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • 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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Schools

  • Finley Farms Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Farming

  • Barn
  • Flood Irrigation

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 304-21-998

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM
  • Custom Horse Property Subdivision

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,911

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Val Vista & Elliot
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: East on Elliot to Ranchos Legante, South on Ranchos Legante to Home at End of street.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.43
  • Subdivision Name: CUSTOM HORSE PROPERTY
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3664.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Vinyl Frame
  • 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:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Block, Chain Link, Wire
  • Exterior Features: Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Over Height Garage, Separate Strge Area, Side Vehicle Entry, Detached, RV Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Horse Amenities: Barn, Bridle Path Access, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 62117.0
  • Parcel #: 304-21-998

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 3911.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 16, 2021
Sold by
Defer William D and Defer Melissa R
Bought by
Webb Lauren and Webb Jason
Seller's Agent
Chris Lundberg
Redeemed Real Estate
Buyer's Agent
Lilliana Hindman
Redeemed Real Estate
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,722,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,444
Avg. Annual Appreciation
-2.95%
Original Mortgage
$1,360,000
Outstanding Balance
$1,248,650
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$400,886

Purchase Details

Closed on
Oct 19, 2020
Sold by
Defer William and Defer Melissa
Bought by
Defer William D and Defer Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,780
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Defer William and Defer Melissa
Bought by
Defer William and Defer Meissa

Purchase Details

Listed on
Dec 10, 2015
Closed on
Mar 16, 2016
Sold by
Crittenden Brent Sheldon and Crittenden Marilyn
Bought by
Defer William and Defer Melissa
Seller's Agent
Penny Gould
Keller Williams Realty East Valley
Buyer's Agent
Dan & Debbie Moon
Good Oak Real Estate
List Price
$724,900
Sold Price
$655,000
Premium/Discount to List
-$69,900
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Crittenden Brent S and Crittenden Marilyn
Bought by
Crittenden Brent Sheldon and Crittenden Marilyn

Purchase Details

Closed on
Jun 10, 1998
Sold by
Lesueur David E and Lesueur Nancy Lee
Bought by
Rascon Jorge and Rascon Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
7.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1997
Sold by
Lesueur David E and Lesueur Nancy Lee
Bought by
Crittenden Brent S and Crittenden Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Webb Lauren $1,850,000 Chicago Title Agency Inc
Defer William D -- Clear Title Agency Of Az
Defer William -- None Available
Defer William $655,000 Grand Canyon Title
Crittenden Brent Sheldon -- --
Rascon Jorge $79,900 Chicago Title Insurance Co
Crittenden Brent S $306,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Lauren $1,360,000
Previous Owner Defer William D $385,780
Previous Owner Defer William $417,000
Previous Owner Rascon Jorge $59,900
Previous Owner Crittenden Brent S $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2021 12/27/21 Sold $1,850,000 0.0% $505 / Sq Ft
10/22/2021 10/22/21 For Sale $1,850,000 +182.4% $505 / Sq Ft
04/25/2016 04/25/16 Sold $655,000 -2.9% $179 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Pending -- -- --
03/04/2016 03/04/16 Price Changed $674,900 -3.6% $184 / Sq Ft
02/11/2016 02/11/16 Price Changed $699,900 -3.4% $191 / Sq Ft
12/10/2015 12/10/15 For Sale $724,900 -- $198 / 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 $4,033 $51,023 -- --
2024 $3,885 $48,593 -- --
2023 $3,885 $76,880 $15,370 $61,510
2022 $3,762 $61,230 $12,240 $48,990
2021 $3,911 $58,820 $11,760 $47,060
2020 $3,845 $55,000 $11,000 $44,000
2019 $3,529 $52,020 $10,400 $41,620
2018 $3,415 $48,730 $9,740 $38,990
2017 $3,284 $46,430 $9,280 $37,150
2016 $3,382 $45,800 $9,160 $36,640
2015 $3,040 $46,710 $9,340 $37,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6311021

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-21-998