NOT LISTED FOR SALE

3431 E Silo Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $860,000 - $935,000

4 Beds
3 Baths
2,563 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $488,495 $191 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,016/month

29 Days on Market

Highlights

  • Community Lake
  • Corner Lot
  • Private Yard
  • Finley Farms Elementary School Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of March 2019

Brand NEW energy-efficient home ready January-February 2019! Finally put everything in its place with spacious walk-in closets in each of Bailey's single-story four bedrooms. In the kitchen, the sprawling island overlooks the great room and adjacent patio. Easily work from home in the convenient den. Fabulous shopping, dining, within 5 minutes of
the San Tan Village Shopping area, close to revitalized downtown Gilbert Rd, near Big League Dreams baseball park, Riparian Preserve at Water Ranch. Known
for our energy saving features, our homes help you live a healthier and quieter lifestyle, while saving you thousands of dollars on utility bills.

Last Agent to Sell the Property

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 12/13/2018

Last Buyer's Agent

DeAndre Harvey

Berkshire Hathaway HomeServices Arizona Properties License #SA642530000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 8,808 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Concrete Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,563 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • ENERGY STAR Qualified Equipment for Heating
  • No or Low VOC Paint or Finish
  • Mechanical Fresh Air

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Ducts Professionally Air-Sealed
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 313-27-001

Community Details

Overview

  • Association fees include ground maintenance
  • Community Council Association, Phone Number (480) 892-2267
  • Built by Meritage Homes
  • Lakeview Trails At Morrison Ranch Subdivision, Bailey Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: E Warner Rd & S Higley Rd
  • 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: 100.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2018
  • Master Model: Bailey
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: LAKEVIEW TRAILS (SOUTHWEST) AT MORRISON RANCH
  • New Construction: No
  • Efficiency: Fresh Air Mechanical, ENERGY STAR Light Fixture
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 190.6
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2563.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Dirt Back, Grass Front, Auto Timer H2O Front, Irrigation Front
  • Pool Features: None
  • Disclosures: None
  • Home Warranty: Yes
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Low VOC Paint, Painted, Stone, Ducts Professionally Air-Sealed
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Ducts Professionally Air-Sealed: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Community Council
  • Phone: 480-892-2267
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 525.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Community Council
  • 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_: $

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: 8808.0
  • Parcel #: 313-27-001

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 54.0
  • Tax Book Number: 313.00
  • Tax Lot: 1
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Mar 1, 2019
Sold by
Meritage Homes Of Arizona Inc
Bought by
Price Luanne and Price Johnny T
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
DeAndre Harvey
Berkshire Hathaway HomeServices Arizona Properties
List Price
$488,652
Sold Price
$488,495
Premium/Discount to List
-$157
-0.03%
Current Estimated Value
$894,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,474
Avg. Annual Appreciation
9.33%
Original Mortgage
$464,070
Outstanding Balance
$407,997
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$486,972
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Price Luanne $488,495 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Luanne $464,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Sold $488,495 -0.1% $191 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/13/2018 12/13/18 Price Changed $488,995 +0.1% $191 / Sq Ft
12/13/2018 12/13/18 For Sale $488,652 -- $191 / 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 $2,722 $34,706 -- --
2024 $2,636 $33,053 -- --
2023 $2,636 $61,130 $12,220 $48,910
2022 $2,553 $48,130 $9,620 $38,510
2021 $2,671 $44,460 $8,890 $35,570
2020 $2,630 $38,300 $7,660 $30,640
2019 $515 $6,660 $6,660 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Elberts

    Meritage Homes of Arizona, Inc

    (480) 515-8100

    4,010 Total Sales

    Joseph Elberts
    Section Image
  • DeAndre Harvey

    Buyer's Agent in 2019

    DeAndre Harvey

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 685-1515

    1 in this area

    130 Total Sales

    DeAndre Harvey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5857166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-001

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3431 E Silo Dr, 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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