NOT LISTED FOR SALE

3485 E Silo Dr Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $888,129 - $917,000

4 Beds
3 Baths
2,550 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $486,495 $191 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,313/month

168 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Finley Farms Elementary School Rated A-
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of March 2019

Over $15,000 of Options at NO Cost! Brand NEW Energy-Efficient home ready November 2018! Finally put everything in its place with spacious walk-in closets in each of the Bailey 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. Lakeview Trails at Morrison Ranch part of more than 400 acres of pedestrian friendly greenbelts, tree lined streets and plenty of open space. 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: 07/30/2018

Last Buyer's Agent

Katherine Menchaca

ProSmart Realty License #SA681462000

ProSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 7,498 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,550 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

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • Assessor Parcel Number 313-27-007

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
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,684

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2018
  • Directions: Selling out of Innovation Park at 9717 Telemetry Dr. Mesa in Casita prior to community opening.
  • Master Model: Bailey
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: LAKEVIEW TRAILS (SOUTHWEST) AT MORRISON RANCH
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 300.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Other, See Remarks, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 2550.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Low-E, Vinyl Frame
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Other7: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • 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:HOA Telephone4: 480-892-2267
  • 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: 7498.0
  • Parcel #: 313-27-007
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 7
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Menchaca Patrick
Bought by
Menchaca Patrick and Menchaca Marie Angelica
Current Estimated Value
$899,032

Purchase Details

Closed on
May 20, 2021
Sold by
Menchaca Patrick
Bought by
Menchaca Patrick and Menchaca Family Trust

Purchase Details

Listed on
Jul 30, 2018
Closed on
Feb 20, 2019
Sold by
Meritage Homes Of Arizona Inc
Bought by
Menchaca Patrick
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Katherine Menchaca
ProSmart Realty
List Price
$448,490
Sold Price
$486,495
Premium/Discount to List
$38,005
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$340,546
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2018
Closed on
Jan 23, 2019
Sold by
Menchaca Katherine Michelle
Bought by
Menchaca Patrick
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Katherine Menchaca
ProSmart Realty
List Price
$448,490
Sold Price
$486,495
Premium/Discount to List
$38,005
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,546
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Menchaca Patrick -- --
Menchaca Patrick -- None Listed On Document
Menchaca Patrick $486,495 Carefree Title Agency Inc
Menchaca Patrick -- Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menchaca Patrick $331,000
Previous Owner Menchaca Patrick $344,500
Previous Owner Menchaca Patrick $343,400
Previous Owner Menchaca Patrick $340,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $486,495 -1.0% $191 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
11/08/2018 11/08/18 Price Changed $491,495 -1.0% $193 / Sq Ft
10/25/2018 10/25/18 Price Changed $496,495 -2.0% $195 / Sq Ft
09/27/2018 09/27/18 Price Changed $506,495 +0.3% $199 / Sq Ft
08/22/2018 08/22/18 Price Changed $504,983 +12.3% $198 / Sq Ft
08/01/2018 08/01/18 Price Changed $449,490 +0.2% $176 / Sq Ft
07/30/2018 07/30/18 For Sale $448,490 -- $176 / 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 $2,684 $35,884 -- --
2024 $2,709 $34,175 -- --
2023 $2,709 $59,650 $11,930 $47,720
2022 $2,625 $47,130 $9,420 $37,710
2021 $2,747 $43,530 $8,700 $34,830
2020 $2,705 $39,600 $7,920 $31,680
2019 $449 $5,835 $5,835 $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

    3,573 Total Sales

    Joseph Elberts
    Section Image
  • Katherine Menchaca

    Buyer's Agent in 2019

    Katherine Menchaca

    ProSmart Realty

    (480) 478-0091

    3 in this area

    78 Total Sales

    Katherine Menchaca
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5800154

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-27-007

Arizona Maricopa County Gilbert 85296 Morrison Ranch

3485 E Silo Dr, Gilbert, AZ

This home is located at 3485 E Silo Dr, Gilbert, AZ 85296 since 30 July 2018 and is currently estimated at $899,032, approximately $352 per square foot. This property was built in 2018. 3485 E Silo Dr is a home located in Maricopa County with nearby schools including Finley Farms Elementary School, Greenfield Junior High School, and Highland High School.

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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